B
Bill310
Guest
Hi Rem, this had been beaten to death on ADVRider and lots of other CDN Forums.
http://www.jruslaw.com/classactions/carconspiracy/
They have had a protected Market and not had to compete. When the Dollar was really strong (1.10) and the economy was still booming a few Vancouver MC Dealership were bringing in bikes from the States by the truckload. An acquaintance who was a Sales Manager at a large dealership told me that they were importing the bike into Canada and in the case of the Ninja 250 they were bumping the price by 50% and still selling it for less than what the Canadian bike sold for, and then sold the buyer an extended warranty to protect the buyer ( 100% mark -up on that )
The FOREX desks of these multinationals have been currency hedging for decades. The Cdn Dollar has been bouncing around Par with the US for 6 + years. They charge what the market will bear. Pre Free Trade we all got beaten up now manufacture's are being litigated against for their unfair trade practices.rem said:I have inquired into this numerous times over the years. There was a time when the Can dollar was very weak against the U. S. dollar, and that certainly was a factor.
http://www.jruslaw.com/classactions/carconspiracy/
This is of course complete nonsense that Dealership staff, dealers and Manufacturers have been spouting for years. If I wanted to be given a explanation of trade agreements, duties and tariffs the last place I would go to have that discussion would be a motorcycle dealership. I haven't noticed a lot of Finance managers shorting the Euro and going long in US Treasuries with the Dealership float either.rem said:But the primary reason is simply that customs and tariffs on incoming goods into Canada are higher on most items, and that is federal legislation. It may have to do with volume, but it's just a fact of life up here. In most cases, it just costs more to import the same item into Canada, and that cost is passed on to the consumer. This is especially true in low volume items such as motorcycles. I doubt that Canada does 10% of the sales that the U. S. does. Just some info I've picked up. That's not to say they won't stick it to us if they can, but there is a basis for the higher costs in many cases.
They have had a protected Market and not had to compete. When the Dollar was really strong (1.10) and the economy was still booming a few Vancouver MC Dealership were bringing in bikes from the States by the truckload. An acquaintance who was a Sales Manager at a large dealership told me that they were importing the bike into Canada and in the case of the Ninja 250 they were bumping the price by 50% and still selling it for less than what the Canadian bike sold for, and then sold the buyer an extended warranty to protect the buyer ( 100% mark -up on that )
The good news is the courts will get to decide this.rem said:but there is a basis for the higher costs in many cases.