Canada just snuck in a price increase
Thread Starter
Instructor
Joined: Mar 2015
Posts: 1,196
Likes: 830
From: Vancouver BC
Canada just snuck in a price increase
Base MSRP has moved up to $134,782 on the convertible.
Yikes, in BC that'll be over 170k after GST (with the new 10% GST on anything over 100k) and BC luxury taxes
Yikes, in BC that'll be over 170k after GST (with the new 10% GST on anything over 100k) and BC luxury taxes
Intermediate
Joined: Nov 2021
Posts: 308
Likes: 213
From: Ontario
Since you mentioned this, I just did a comparison for my Canadian ‘24 convertible.
I’m in Ontario (Canada, not California).
I compared my MSRP ‘24 convertible price from July 2023 to what it would be now.
Today, the same ‘24 car has a MSRP $5550. higher.
That $5550 extra will have a 20% luxury tax so $5550 + $1110 = $6660 (don’t like that number!).
Now add the additional 13% HST, $6660 x 1.13 = $7528.80
6 months later the same new Canadian ‘24 convertible costs $7528.80 more.
Hmmm….
I’m in Ontario (Canada, not California).
I compared my MSRP ‘24 convertible price from July 2023 to what it would be now.
Today, the same ‘24 car has a MSRP $5550. higher.
That $5550 extra will have a 20% luxury tax so $5550 + $1110 = $6660 (don’t like that number!).
Now add the additional 13% HST, $6660 x 1.13 = $7528.80
6 months later the same new Canadian ‘24 convertible costs $7528.80 more.
Hmmm….
Last edited by AutoCrazy; Jan 24, 2024 at 08:26 PM.
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