Porsche Cars Canada introduces Cash Currency Credits

One of the biggest competitors for Porsche Cars Canada is....Porsche USA. With the Canadian dollar getting stronger by the day, it's getting pretty tempting for those with the means to head down to the US to pick up their next Porsche.

That's why Porsche Cars Canada is introducing Cash Currency Credits.

According to Porsche Cars Canada, these credits ("incentive" is such a dirty word) float with fluctuating exchange rates to address the cross-border pricing differential created by a strong Canadian dollar. Depending on model, up to $7,500 is available to customers who decide to purchase or finance a new Porsche. The 2010 Boxster now starts at $57,100, after a $2,500 cash credit.

Unfortunately, that's still $8,300 more than the Boxster in the U.S., even when you take into account the current exchange rates.

Despite that, the Cash Currency Credits program is certainly a step in the right direction. Now if only I had $57,000......

[Source: Porsche Cars Canada]

Comments

[viralhit]

Mitsubishi is going to premiere the ASX compact crossover at the Geneva Motor Show in March. The ASX is the European version of the RVR that is set to go on sale in Japan next month. The small crossover seats five and is going to be powered by a 1.8L turbocharged direct-injection diesel engine with “Automatic Stop & Go” technology. There’s no word yet on when we will eventually get this in the US.

[McDarwin]

@viralhit

wow, way to stay on topic there champ

[BernardP]

These credits and rebates are only stopgap. The canadian dollar is inexorably moving towards parity and more with the US dollar, according to recent economic reports. The pressure on Canadian subsidiaries to lower MSRP's is coming back in full force.