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Discussion Starter #1
One thing I lament about Tesla as I wait for my Model 3... is their apparent lack of love for us Northern neighbours. As the actual exchange rate is about 1.27 CAD per USD, Tesla is charging an effective exchange rate (EER) of 1.37! That makes an already expensive car more expensive just for us.

How's that compare with Chevrolet? GM is actually pretty good to us, however there are some weird anomalies. In a futile exercise to examine the differences, I made this Google Sheets document that goes over most of the options and breaks it down into US dollars (from chevrolet.com), Canadian dollars (From chevrolet.ca), and the effective exchange rates of such (simply CAD divided by USD).

What we see is... that on the whole, GM is priced favorably for Canadians. A no-option Premier has an EER of only 1.116, yielding a savings to the Canadian of over $5000! The LT at first appears to not be as good of a deal (with a still great 1.138 EER), but one interesting thing is the comfort package is standard in Canada, whereas it is a paid upgrade in the US.

Overall, I'm really quite pleased with how GM has priced the car in Canada... with a few very glaring exceptions:

  • Adaptive Cruise Control is a whopping $1375 in Canada, versus $595 in the US. That's an EER of 2.311! Yikes. What in the world could possibly be different that justifies this?
  • Getting an additional charge cable is considerably more expensive in Canada ($765 vs $535 - EER of 1.43)
  • The illuminated charge port and tablet holder (whatever that is) both have EER over 1.3.
  • We get screwed on destination charges... $875 in USA is $1700 in Canada. At least some of that is out of GM's control ($100 a/c tax is included in that). Destination charges are often higher in Canada (at least Tesla is fair on that one).
  • USA has 3 no-charge paint options that we have to pay $495 for (they also have Citron Green that we can't get at all). Blue is also $495 vs USA of $395 (EER 1.253). White Pearl is a bit of a better deal at an EER of 1.2 ($1195 vs $995).

On the other hand, we get some real bargains on some of the (mostly minor) accessories: Wheel upgrade with the black paint, Front license plate bracket, Wheel lock Kit, vehicle cover, window shades, cargo mat, and all weather mats all come in right around par (EER close to 1). Other than the Interior Protection Package [EER 1.275] and others listed in previous paragraph... every option is well under actual exchange rate pricing.



Anyway, I went through the exercise so I figured I may as well share it in case it is helpful to any other Canadian wondering about this.
 

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Bur you Canadians don't get a $7,000 tax rebate, do you?
It's a $7500 tax credit... big difference between a tax credit and a rebate. And no, they don't get this because it's a US Tax form that gets you that credit.
 

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Discussion Starter #4 (Edited)
I don't really think its useful to include rebates/credits because those apply differently to different people.

But no, we don't get a $7500 tax credit. We have no federal program, but there are provincial ones. Here in BC, I can get $5000 directly off the top (so that's $5600 after taxes) and if I qualify (I do) I can get another $6000 rebate by scrapping a junker car (there are a ton of requirements so careful planning required). In Ontario, they get $14,000 but I'm not sure if that's pre or post tax and/or if it varies by model, etc. I believe Quebec has a program too.

I'll take my $11k over a $7500 tax credit any day! As a small business owner I can't remember the last year that I've personally had a tax burden large enough to take advantage of that.

Another considerable difference between Canada and the US is simply market size and competition. You guys routinely talk about how much you got off MSRP... that just doesn't happen here yet for EVs. The best I can hope to do is to get them to NOT screw me with fake "documentation" fees and various upselling items.
 

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I don't really think its useful to include rebates/credits because those apply differently to different people.

But no, we don't get a $7500 tax credit. We have no federal program, but there are provincial ones. Here in BC, I can get $5000 directly off the top (so that's $5600 after taxes) and if I qualify (I do) I can get another $6000 rebate by scrapping a junker car (there are a ton of requirements so careful planning required). In Ontario, they get $14,000 but I'm not sure if that's pre or post tax and/or if it varies by model, etc. I believe Quebec has a program too.
The Ontario rebate is post tax, so equivalent to $12,400 pre-tax. Another advantage is the dealer does all the paperwork and applies the rebate to your purchase, rather than needing to wait till tax time.
 

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Discussion Starter #6 (Edited)
Wouldn't it be equivalent to... $12000? If it were pre-tax, then it would effectively be higher (like our net benefit is $5000 + 12% = $5600), but post tax doesn't mean you get less... you get what you get.

If price is $50000 then after tax you would have paid $56500, from which they remove $12000. Right?


Anyway. In BC the dealership handles the $5000 (pre-tax) CEV rebate. The $6000 (post-tax) ScrapIt rebate is the customer's paperwork and is done after the deal so there is some risk of not getting it.
 

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Wouldn't it be equivalent to... $12000? If it were pre-tax, then it would effectively be higher (like our net benefit is $5000 + 12% = $5600), but post tax doesn't mean you get less... you get what you get.

If price is $50000 then after tax you would have paid $56500, from which they remove $12000. Right?


Anyway. In BC the dealership handles the $5000 (pre-tax) CEV rebate. The $6000 (post-tax) ScrapIt rebate is the customer's paperwork and is done after the deal so there is some risk of not getting it.
Unless I misunderstand you, Not right - you pay your HST etc. then get $14,000 back. I imagine you can sign this over to the dealer as part of the transaction, but I paid up front and rec'd a cheque from Ontario for the amount of the rebate. (~ $8,000 at the time)

If you still want to ride the gravy train, then apply for the EVSE credit.

The amount is calculated on the battery size. Any real EV available these days get the full amount.
 
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