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USA-CDN Price Difference

Discussion in 'Gen 2 Prius Main Forum' started by MrBond, Mar 19, 2006.

  1. MrBond

    MrBond New Member

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    I recently noticed the base price of a Prius in Canada is $9555 higher compared to the USA price. By comparisson, the Honda Civic Hybrid base price in Canada is only $3650 higher than the USA price. If my calculations are correct, that's roughly a 44% increase for Toyota and a 16% increase for Honda. Does anyone know how Toyota justifies such a large difference in price? (I know that the Canadian dollar isn't worth as much as the US dollar, but this is ridiculous :blink:).

    Something else I noticed that was strange. In the USA a Civic Hybrid is more expensive than a Prius (by $425 us). However, in Canada a Prius is more expenisive than a Civic Hybrid (by $5480 cdn).

    For your reference:
    Prius price: $21725 us, $31280 cdn
    Civic Hybrid price: $22150 us, $25800 cdn
     
    #1 MrBond, Mar 19, 2006
  2. Frank Hudon

    Frank Hudon Senior Member

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    So you noticed that were getting screwed. Yup same car, well we get mandatory DRL's other than that the same. You get to blame Toyota Canada for the shafting.
     
    #2 Frank Hudon, Mar 19, 2006
  3. eagle33199

    eagle33199 Platinum Member

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    That is a little outrageous... The current exchange rate is, according to the bank of canada, 1.1588 canadian dollars per US dollar. Thus, 21725USD = 25173CND, or for the Civic 22150USD = 25667CND.

    Are you absolutely positive that is the base price for the Prius? I really can't see Toyota having a markup of 5K for no reason.
     
    #3 eagle33199, Mar 19, 2006
  4. Frank Hudon

    Frank Hudon Senior Member

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    that is the Canadian base price.
    Edit: there sitting on dealer lots here and lots of used ones as well, figure out why yet? Hopefully Honda burys them on sales, but T doesn't care if they don't sell here they'll send the output to the US.
     
    #4 Frank Hudon, Mar 19, 2006
  5. Tideland Prius

    Tideland Prius Moderator of the North
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    except that according to Toyota, the exchange rate is 1.5%. I'm amazed they raised the price even though Honda lowered theirs.
     
    #5 Tideland Prius, Mar 19, 2006
  6. MrBond

    MrBond New Member

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    You were able to sum up my post into three words; well done :D

    When comparing the Canadian prices of the Civic Hybrid and Prius, I was initially willing to pay the extra money because I had my heart set on a Prius and I assumed it cost more because it was a superior car. But now that I realize that the purpose of the higher price has nothing to do with quality (and a lot to to with corporate greed) I highly doubt that I'm going to purchase a Prius. Those capitalist pigs :angry: ...
     
    #6 MrBond, Mar 19, 2006
  7. Tideland Prius

    Tideland Prius Moderator of the North
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    import? You can get a US #8 with nav, bluetooth, backup camera and leather for the price of a Pkg "B"
     
    #7 Tideland Prius, Mar 19, 2006
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