Thread: $1 CDN = $1 US
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Old 09-21-2007, 08:45 PM   #19
philip
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Join Date: May 2006
Location: Houston
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In the '80's the US currency was high.

Porsche and Mercedes didnt want to sell their cars cheaper than US cars, as they liked the cashe' of being known as a luxury brand, so their cars were priced higher than they should have been in the US.

That is how the grey market cars started. People would go to Germany and buy the cars directly with their valuable US dollars and import them in to the US directly. Supposedly you could save $10,000.

You can tell a grey market car in the US today by the ZZZ in the vin number. Buyer beware in the US. All Ferrari Boxers in the US are grey market. DOT papers are really important.
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