Pahnda
11-02-2007, 01:16 AM
From the Financial Post
Volvo Canada said Thursday it would offer customers a cash rebate of up to $5,000 toward the purchase of one of its cars, becoming the latest automaker to address the U.S.-Canada vehicle pricing issue by offering a goodie.
Volvo said its offer stands regardless of how the customer pays for the vehicle. It is available on S40, S60, S80, V50, XC90, C30 and C70 models.
"We realize Canadians are looking to the U.S. market and comparing prices of vehicles with the same nameplate," Volvo Canada President Steve Blyth said in a statement. "This new rebate program will help customers avoid considering the added cost, hassle, time and intricacies of importing a vehicle from south of the border."
Volvo is among the few automakers to see its volumes decline this year in Canada in what is otherwise a strong and vibrant market. Its sales for the first 10 months of the year are down 9% compared to the same period in 2006, including a 26% sales drop in October.
:clap:... or am I the only one that has a strange attraction to Volvo? This actually brings the C30 totally in line with the pricing in the US, assuming there isn't some type of 'fine print' involved with the $5000 back. However, since it's just a fixed rebate, more expensive cars are still a bad deal in Canada.
Regardless of if you hate or like them though, it's at least a nice step forward, unlike the useless BMW rebates... :(
Volvo Canada said Thursday it would offer customers a cash rebate of up to $5,000 toward the purchase of one of its cars, becoming the latest automaker to address the U.S.-Canada vehicle pricing issue by offering a goodie.
Volvo said its offer stands regardless of how the customer pays for the vehicle. It is available on S40, S60, S80, V50, XC90, C30 and C70 models.
"We realize Canadians are looking to the U.S. market and comparing prices of vehicles with the same nameplate," Volvo Canada President Steve Blyth said in a statement. "This new rebate program will help customers avoid considering the added cost, hassle, time and intricacies of importing a vehicle from south of the border."
Volvo is among the few automakers to see its volumes decline this year in Canada in what is otherwise a strong and vibrant market. Its sales for the first 10 months of the year are down 9% compared to the same period in 2006, including a 26% sales drop in October.
:clap:... or am I the only one that has a strange attraction to Volvo? This actually brings the C30 totally in line with the pricing in the US, assuming there isn't some type of 'fine print' involved with the $5000 back. However, since it's just a fixed rebate, more expensive cars are still a bad deal in Canada.
Regardless of if you hate or like them though, it's at least a nice step forward, unlike the useless BMW rebates... :(