# US/CAN $$ Exchange - Let's take advantage somehow

**URL:** <https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422>\
**Category:** NYSpeed Off Topic\
**Created:** [December 19, 2015, 2:46pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422 "2015-12-19T14:46:55Z")\
**Posts on this page:** 20\
**Page:** 3

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**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\
**Post date:** [January 6, 2016, 9:49am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/41 "2016-01-06T09:49:55Z")

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^ same deal, Bought some Ikea junk that was $209 in us and only $184 in Canada, add in the exchange and it makes it worth the 1 hour drive to Burlington.

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**Author:** ![EvoMR](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/evomr/32/7186_2.png) [@EvoMR](https://forums.speedlife.net/u/EvoMR)\
**Post date:** [January 6, 2016, 10:10am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/42 "2016-01-06T10:10:58Z")

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> [@JayS](#):
>
> It’s not like this is a historically high exchange rate. The US dollar is typically worth more than the Canadian dollar…

Many Canadian goods were priced with closer to a 1.10 exchange rate pegged so the relative prices are much lower at the moment.

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**Author:** ![SPDboy](https://avatars.discourse-cdn.com/v4/letter/s/919ad9/32.png) [@SPDboy](https://forums.speedlife.net/u/SPDboy)\
**Post date:** [January 6, 2016, 10:16am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/43 "2016-01-06T10:16:41Z")

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any idea where to look if I were looking to buy a cottage in the Kingston area?

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [January 6, 2016, 1:38pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/44 "2016-01-06T13:38:33Z")

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> [@SPDboy](#):
>
> any idea where to look if I were looking to buy a cottage in the Kingston area?

I casually looked in the Muskoka area. @bing hates the idea of cottage rental property though 🙂

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> [@93dx--hatch](#):
>
> … I am sure I will be donating them to goodwill next year…

👏

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [January 14, 2016, 6:58am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/45 "2016-01-14T06:58:29Z")

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> **[A 59-cent loonie? It could happen this year, investment bank says | CBC News](http://www.cbc.ca/news/business/macquarie-loonie-forecast-1.3401644)**
>
> A day after the loonie slipped below the 70-cent US level for the first time since 2003, a forecaster at investment bank Macquarie says he expects the loonie to lose another 10 cents to reach an all-time low of 59 cents by the end of 2016.

“Canadian dollar will drop to 59 cents US in 2016, Macquarie forecasts”

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**Author:** ![XwalkerX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/xwalkerx/32/7598_2.png) [@XwalkerX](https://forums.speedlife.net/u/XwalkerX)\
**Post date:** [January 14, 2016, 7:23am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/46 "2016-01-14T07:23:26Z")

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i may have to take a trip to Toronto when it does…

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [January 14, 2016, 7:32am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/47 "2016-01-14T07:32:34Z")

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I’m going to Ikea again today :tup:

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**Author:** ![91MR2](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/91mr2/32/7217_2.png) [@91MR2](https://forums.speedlife.net/u/91MR2)\
**Post date:** [January 14, 2016, 7:35am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/48 "2016-01-14T07:35:55Z")

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> [@93dx--hatch](#):
>
> My wife bought shoes that came to $244 CDN ~$175 USD after tax, apparently they are $240 plus tax in the us, she was so proud. I am sure I will be donating them to goodwill next year…

We spent this past w/e in Toronto…familiar tune here…

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**Author:** ![EvoMR](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/evomr/32/7186_2.png) [@EvoMR](https://forums.speedlife.net/u/EvoMR)\
**Post date:** [January 14, 2016, 8:14am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/49 "2016-01-14T08:14:00Z")

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Cars and luxury goods are starting to get appealing.

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**Author:** ![XwalkerX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/xwalkerx/32/7598_2.png) [@XwalkerX](https://forums.speedlife.net/u/XwalkerX)\
**Post date:** [January 14, 2016, 8:20am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/50 "2016-01-14T08:20:36Z")

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im still down to pick up a deep sea if the numbers make sense

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**Author:** ![POOPRA](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poopra/32/7188_2.png) [@POOPRA](https://forums.speedlife.net/u/POOPRA)\
**Post date:** [January 14, 2016, 10:57am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/51 "2016-01-14T10:57:39Z")

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I wonder how bad this is going to hurt our local economy with the loss of revenue from Canadian spending.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [January 14, 2016, 11:07am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/52 "2016-01-14T11:07:13Z")

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> [@Onyx Z32](#):
>
> … ultimately the killer for me is that the vehicle I was looking to buy wouldn’t retain it’s warranty in the US.

So an update on this, I was initially told the wrong info by the dealership. The manufacturer clarified for me that the warranty follows the vehicle anywhere in North America. Doesn’t give me too much confidence that anyone really knows what they’re talking about, lol.

> [@EvoMR](#):
>
> Cars and luxury goods are starting to get appealing.

It’s interesting to look at vehicle values in Canada. The one I’ve been watching has dropped on paper quite a bit, but the dealer actually increased the asking price.

Ultimately I’m willing to jump through the hoops but only if things make sense.

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> [@POOPRA](#):
>
> I wonder how bad this is going to hurt our local economy with the loss of revenue from Canadian spending.

I can give you a first-hand knowledge that the retail markets I’m in are way down from when CAD was at par or better. But it’s a cycle that will come back at some point.

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**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\
**Post date:** [January 14, 2016, 11:20am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/53 "2016-01-14T11:20:12Z")

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> [@POOPRA](#):
>
> I wonder how bad this is going to hurt our local economy with the loss of revenue from Canadian spending.

90% of the lost revenue won’t matter because its at retail places like Target, Walmart, Mall etc. probably not going have an economic impact to the region.

I think places like Ellicottville will take a hit and real estate prices may drop a bit, since it has become heavily populated with Canadians, but this is a good thing from my perspective.

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**Author:** ![POOPRA](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poopra/32/7188_2.png) [@POOPRA](https://forums.speedlife.net/u/POOPRA)\
**Post date:** [January 14, 2016, 11:25am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/54 "2016-01-14T11:25:13Z")

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> [@93dx--hatch](#):
>
> 90% of the lost revenue won’t matter because its at retail places like Target, Walmart, Mall etc. probably not going have an economic impact to the region.
> 
> I think places like Ellicottville will take a hit and real estate prices may drop a bit, since it has become heavily populated with Canadians, but this is a good thing from my perspective.

Everyone pays 4.75% to the county, so any revenue loss is going to have a local impact.

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [January 14, 2016, 11:28am UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/55 "2016-01-14T11:28:30Z")

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> [@POOPRA](#):
>
> I wonder how bad this is going to hurt our local economy with the loss of revenue from Canadian spending.

There was definitely a significant difference with the number of Canadians at the malls it seemed. Canadian dollar keeps weakening. I will love to see a 1:1.50 again

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [January 15, 2016, 11:15pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/56 "2016-01-15T23:15:07Z")

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if you guys havent made any moves by 1.43 i don’t believe that you will at 1.48 or 1.53… you’re all going to let this pass you by 🙂

there is no more inventory for good used cars up here now… everything is already going south. dealers are short-term leasing their inventory to get it up to 6 months / 12,000 kms just so that they can export it and make $5k more than they would selling it locally. FYI, dodge / chrsyler do not carry warranty over into the US… but Ford and GM do.

i’m working on a couple deals right now to export hail damage repaired units from Alberta but nothing will come back here… it’ll all go south through Montana.

i wish i was sitting on tons of USD… going to be such an opportunity in the next 6 months that most of you are going to let totally pass you by 🙂

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [January 17, 2016, 8:36pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/57 "2016-01-17T20:36:55Z")

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> [@XwalkerX](#):
>
> im still down to pick up a deep sea if the numbers make sense

> **[Kijiji - Buy, Sell & Save with Canada's #1 Local Classifieds](https://www.kijiji.ca/k-set-location.html)**
>
> Visit Kijiji Classifieds to buy, sell, or trade almost anything! New and used items, cars, real estate, jobs, services, vacation rentals and more virtually anywhere.

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**Author:** ![XwalkerX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/xwalkerx/32/7598_2.png) [@XwalkerX](https://forums.speedlife.net/u/XwalkerX)\
**Post date:** [January 17, 2016, 10:17pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/58 "2016-01-17T22:17:04Z")

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13k USD is not what i call the numbers making sense

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [January 18, 2016, 12:28pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/59 "2016-01-18T12:28:32Z")

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> **[Kijiji - Buy, Sell & Save with Canada's #1 Local Classifieds](https://www.kijiji.ca/k-set-location.html)**
>
> Visit Kijiji Classifieds to buy, sell, or trade almost anything! New and used items, cars, real estate, jobs, services, vacation rentals and more virtually anywhere.

Is this the same?

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**Author:** ![EvoMR](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/evomr/32/7186_2.png) [@EvoMR](https://forums.speedlife.net/u/EvoMR)\
**Post date:** [January 18, 2016, 1:08pm UTC](https://forums.speedlife.net/t/us-can-exchange-lets-take-advantage-somehow/273422/60 "2016-01-18T13:08:41Z")

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> [@ultradriver10000](#):
>
> [http://www.kijiji.ca/v-jewelry-watch/city-of-toronto/rolex-submariner-stainless-steel-black-dial/1133266470](http://www.kijiji.ca/v-jewelry-watch/city-of-toronto/rolex-submariner-stainless-steel-black-dial/1133266470)
> 
> Is this the same?

Significantly older (and different model) 16610 Submariner.

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