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With the CAD near all time high vs. the USD, I think canadian car dealers will be hurting. Even with a less favorable exchange of a few months ago, plenty of canadians were buying from south of the border – I almost ended up buying a slightly used Porsche Cayman S (if it was not sold before I had the chance!) Despite Porsche’s price cut of about 10% across the board, Canadian porsche prices are still around $12 to $15k over US prices. Now with the loonie worth more than the USD, the price difference becomes even greater I imagine most people would probably consider purchasing south as a main option. The price difference is significant enough even for lower ranged cars that many will probably shop for something in the US. 

When the time comes for me to replace my SUV, if current conditions persist, it’s very likely that I’ll find something down in the US.

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There was plenty of raildust on the driver side of the car, so I clayed the car and then prep’d it for a few coats of Z5 and Z2. After 3 coats of Z5 and 2 more coats of Z2 over the 2 days, the car was unbelievably shinny, and “wet” looking. And it was shinny enough to almost look like a mirror from an angle.

Reflection from the passenger side.

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Butt of the Croc.

Chrome Exhaust.

Seat belt in guards red.

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Would you like financing with that?
No…
You sure you don’t need financing?
No… Would you like that in Cash?

As mentioned before, all MY08 Porsche models had a “Market Adjustment” due to the strong CAD, basically saving me about $10k. I purchased a 3 year extend warranty for an extra $4.5k, and the final invoice price was still about $6k lower than my original cost. The finaly amount came out to around $105k. Cheers.

As for insurance, without discount, the full cost of insurance would be close to $5k per year. Good thing I’m at the max discount level and it ends up being around $2.7k/year. Yay for safe driving… Boo for speeding tickets…. yeah, 2nd time in Victoria, got my 2nd ticket on my way back to the ferry.

I was going just as fast as everybody else on the road, although everyone was speeding, sure enough, the cop signals out the Porsche. Meh… What did I expect? But I probably didn’t learn my lesson…

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As far as price goes, it’s now confirmed that the base price is reduced by $8k, and that the 3 features (auto climate control, heated seats, rain sensor) are now standard features of Canadian Caymans worth $2420. So the total saving in this is $10420 plus 16% less tax paid of this discounted amount. Take that CCRA! Basically amounting to a little over $12k in total savings from my original invoice price.

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From my post way back in march when the xchg rate was about 1.17, the savings amounts to about $14k. With the xchg rate today (around 1.07), it works out to around $20k in savings. But now with the market adjustment, the savings are around $10k. It’s all the doings (or undoings of the xchg rate).

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Having bought a porsche way back in March, it was like a major kick in the balls… But being an 2008 build, that’s to be delivered in about 2 weeks, there was some hope that the MA option would apply to my situation.

I first called PCNA, to which they had no answer for, go figure…

Then I called the dealer, and to my relief, the canadian MA option applies to all MY08 models, and I was told it would apply to my 2008 cayman S. Exactly how much different is unknown until the dealer gets invoiced by Porsche. So we’ll see in about a weeks time when I call to check on the status. 

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