Tariffs on Old Cars Now a Reality

[CamaroNOS]

It is so sad what is happening. It is now crazy for a Canadian to buy a car from the U.S. (for now).

If the car cost $75,000 U.S..... the final price sitting in my driveway here in Ontario will be $132,000 Cdn ($75,000 US PLUS 40% exchange PLUS 25% tariff on top of that new number PLUS 13% of the $75,000 US for HST in Ontario = $132,000 CDN) and that does not include any shipping fees if you needed that as well.

$75,000 US = $132,000 CDN

Here's the million dollar question for us guys in Canada.....are our cars now worth an additional 25% (if sold in Canada) because of the tariffs???? It is a terrible question to ask but.......

Just NUTS!

Paul