Porsche Lowers Canadian Prices Due To Plummeting US Dollar

Porsche is lowering its Canadian prices on 2008 models by an average of 8 percent (10 percent if you ad equipment improvements) to tackle uprise among its customers. See, due to the tumbling US dollar that is in parity with their dollar, Canadians are facing momentous price differences between cars sold in their home market and the US. “We cannot ignore our customers and dealers in Canada who can look to the U.S. and recognize a substantial price difference,” stated Peter Schwarzenbauer, president of Porsche Cars North America. -Continued after the jump

Porsche stated that its suggested base retail price for a 2008 Boxster is $58,100, compared with $63,600 for the 2007 model; a base Cayenne is $55,200, down from $60,100, a Cayman is $63,500 from $69,600 and a 911 Turbo drops down to $158,300 from $170,700.

Via: ReportBusiness