Canadian Rip Off 2007: When 1 Car = 2 Cars

Just another example of Canadians getting ripped off with the prices we get...I forgot the link but here is the quote from the article...Essentially you can get two cars in the US for the price of one (the exact same luxury car) in Canada.

Despite the Canadian dollar's steady march to parity with the U.S. dollar, a report released last week by BMO Nesbitt Burns estimates products are priced 24 per cent higher in Canada than in the U.S. The price gap for high-end cars remains sharp. In the United States, the base price for a 2008 BMW 550i sedan is $59,275. In Canada, the same car starts at $82,900. The difference, $23,625, is slightly more than the Canadian price of a Volkswagen Rabbit hatchback with an automatic transmission.

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