RV Buying chart
RVT.com
Many Canadian dealers bought their current inventory at a much stronger Canadian dollar (see graph). Since that time, the CAD has weakened substantially resulting in a significant increase in buying power for US consumers shopping across the boarder. At the time of writing, $100,000 US dollars will get you about $124,000 CAD. If you are in the market for a new RV, you have a short window of opportunity to take advantage of these economics.
For US shoppers – you can buy Canadian inventory (purchased by a Dealer at lower cost) using the current strong of the US dollar. For example, a 2015 Winnebago Vista 27N is currently listed by a Canadian dealer for $114,995 CAD, and another by a US dealer for $113,958 USD…not much difference at a quick glance, but let’s do the math:
- $114,995 CAD will only cost you $92,000 USD!! Granted, it may cost you a couple grand, and some time, to get the motorhome over the boarder, but even if it cost you $5,000 you will save over $15,000 USD!! And that is paying sticker price, ie. without negotiating with the dealer.
For Canadian shoppers – most current Dealer inventory was purchased in the US at a time (see graph) when the Canadian dollar was much stronger, this means that NOW IS YOUR TIME to find the best prices, before they replace the current inventory with units purchased at a much weaker CAD. Here’s an example:
- A unit that the dealer purchased last Spring for $50,000 USD, cost them approximately $51,000 CAD ($50K / 0.98). This year (at current market) a Canadian Dealer will be paying approximately $62,000 ($50K / 0.80)! That’s over $10,000 difference, a difference which is surly to be passed along to you, the consumer.
We’ve set up a couple resources on RVT to help: