Depressing Depreciation
In Alberta in 2011 my truck had a list price of just over $84,000. It could be bought for $70,000 cash. Now, three and a half years later with 62,000 miles on it I would be doing good to get $40k out ...
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4x4ord wrote:
In Alberta in 2011 my truck had a list price of just over $84,000. It could be bought for $70,000 cash. Now, three and a half years later with 62,000 miles on it I would be doing good to get $40k out of it. The same truck in the US would have had a sticker price of 65,440 and likely sold for $55,000 cash. The US market on similarly equipped 2011 F350's seems to be about 40k. Our trucks appear to depreciate at twice the rate as south of the border.
I just spent two weeks visiting your beautiful country. As soon as I crossed the border-the prices of everything are a minimum of 20% to 30% higher.
Not sure what your point is.......
Your vehicles are like anything else. Gas was bewteen $5.00 and $5.50 a U.S. gallon (after conversion). I paid $18.00 for a hamburger in Canmore.
But hey....your healthcare system is GREAT!
