Anyone noticed the Kia Stinger cost much less in Canada than in the US?

[robz32]

You cannot bring a Canadian Stinger and legalize it in the US, unless it meets the safety requirements and the 25 year old rule that the US has for importing any car.

 

[ghedoicy]

You cannot bring a Canadian Stinger and legalize it in the US, unless it meets the safety requirements and the 25 year old rule that the US has for importing any car.

Wrong. If it meets the standards then it does not need to be 25 years. The 25 year rule is for those vehicle that do not pass FMVSS.

-Matt

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[Shaz]

Europe may be different across country lines, but I know in the US, there is no warranty for imported vehicles, at least for KIA. Just the same, if you take a US KIA to Canada, it has to come back to the states for recall or warranty work.

Agree 100%

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[Shaz]

You will have warranty issues if you ship/import a vehicle from the US to Canada or vice versa, even though if you end up saving some money from importing I doubt if it's worthwhile.

Stingers have to maintain a certain value, no matter where on the planet they are being sold, and it's a 'comparitive value' for the people living in that country.

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[ghedoicy]

Agree 100%

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I agree with this too.

-Matt

 

[tshing02]

more like $12,000 savings

 

[SeoulStinger]

[MENTION=291]MurlinatoR[/MENTION], any insight from Kia on this subject lol? Still bothers me to see such a drastic price difference.

 

[MurlinatoR]

[MENTION=291]MurlinatoR[/MENTION], any insight from Kia on this subject lol? Still bothers me to see such a drastic price difference.

Hahahaha

I can speculate but don't have a true answer unfortunately.

The single largest thing to know is that Kia under prices ALL of their cars in the Canadian market. Sorento, Optima, Cadenza.... The whole line up is much less money.

Now, why? Kia is trying VERY hard to push their dealer network and presence in Canada. They also have a shorter warranty than we do. They also have FAR fewer dealers then we do in their network.

As for buying one and bringing it down, it's tough. You do have to be able to convert the dash to MPH from KPH. You have to pay the import duties. You have to register it and pay your local state fees AFTER having already paid Canadian tax on the vehicle (I believe). Then the truth about the warranty being void here in the states.

 

[SeoulStinger]

Hahahaha

I can speculate but don't have a true answer unfortunately.

The single largest thing to know is that Kia under prices ALL of their cars in the Canadian market. Sorento, Optima, Cadenza.... The whole line up is much less money.

Now, why? Kia is trying VERY hard to push their dealer network and presence in Canada. They also have a shorter warranty than we do. They also have FAR fewer dealers then we do in their network.

As for buying one and bringing it down, it's tough. You do have to be able to convert the dash to MPH from KPH. You have to pay the import duties. You have to register it and pay your local state fees AFTER having already paid Canadian tax on the vehicle (I believe). Then the truth about the warranty being void here in the states.

It does make some sense, but the price is still drastically lower than what we pay here.

 

[Victor]

It does make some sense, but the price is still drastically lower than what we pay here.

Hey, sorry to dig up this thread. My friend gave me a plausible reason: Canada has a trade deal with South Korea while the USA doesn't, which is why we get par pricing.
It seems to also be the case with VW, which explains how lately their cars seem to price awfully close to USD number-to-number.

Hope this helps. I sure as hell was surprised myself, but this does a decent job explaining that I am content with the huge value we are getting.

 

[stingingseattle]

Hey, sorry to dig up this thread. My friend gave me a plausible reason: Canada has a trade deal with South Korea while the USA doesn't, which is why we get par pricing.
It seems to also be the case with VW, which explains how lately their cars seem to price awfully close to USD number-to-number.

Hope this helps. I sure as hell was surprised myself, but this does a decent job explaining that I am content with the huge value we are getting.

Can you or he elaborate on the trade deal? I'm intrigued.

 

[Victor]

Can you or he elaborate on the trade deal? I'm intrigued.

I could only find this for now that seemed to indicate some discounts, however it is on the low side for sure
http://openroadautogroup.com/blog/h...aper-thanks-canada-korea-free-trade-agreement
It could be a mix of this and what someone here suggested about deeper market penetration meaning packing more features for the dollar. They would be likely taking advantage of the free trade agreement to make this easier on the loss from lower profits.

 

[stingingseattle]

I could only find this for now that seemed to indicate some discounts, however it is on the low side for sure
http://openroadautogroup.com/blog/h...aper-thanks-canada-korea-free-trade-agreement
It could be a mix of this and what someone here suggested about deeper market penetration meaning packing more features for the dollar. They would be likely taking advantage of the free trade agreement to make this easier on the loss from lower profits.

Many thanks Victor.

 

[SeoulStinger]

I could only find this for now that seemed to indicate some discounts, however it is on the low side for sure
http://openroadautogroup.com/blog/h...aper-thanks-canada-korea-free-trade-agreement
It could be a mix of this and what someone here suggested about deeper market penetration meaning packing more features for the dollar. They would be likely taking advantage of the free trade agreement to make this easier on the loss from lower profits.

The 6.1% is only contributes to about $3k savings. I assume the remaining $7-8k is market penetration or some other government subsidy. Interesting read and thanks for the share.

 

[ralzod]

Hey, sorry to dig up this thread. My friend gave me a plausible reason: Canada has a trade deal with South Korea while the USA doesn't, which is why we get par pricing.

United States?Korea Free Trade Agreement (also known as KORUS FTA)
"The treaty was first signed on June 30, 2007, with a renegotiated version signed in early December 2010."

 

[Victor]

United States?Korea Free Trade Agreement (also known as KORUS FTA)
"The treaty was first signed on June 30, 2007, with a renegotiated version signed in early December 2010."

From the quick glance I took it seemed that the trade deal benefited the US more for sales in Korea than contributing to lower duty domestically. Which makes sense because the big 3 would never allow it.

 

[stinger1168]

Hey, sorry to dig up this thread. My friend gave me a plausible reason: Canada has a trade deal with South Korea while the USA doesn't, which is why we get par pricing.
It seems to also be the case with VW, which explains how lately their cars seem to price awfully close to USD number-to-number.

Hope this helps. I sure as hell was surprised myself, but this does a decent job explaining that I am content with the huge value we are getting.

OK... THIS and the following replies relating to US/Canada/S. Korea trade deals makes sense. I knew it had to be something along these lines but I couldn't put my finger on it. Thanks for the info.

 

[Victor]

OK... THIS and the following replies relating to US/Canada/S. Korea trade deals makes sense. I knew it had to be something along these lines but I couldn't put my finger on it. Thanks for the info.

No problem! I have been very surprised by this and remain astounded by the difference in price. I was expecting 60K CAD for the highest trim before they announced the actual pricing so when I first saw it on the Kia Canada site I was wondering if the marketing folks had screwed up the builder's pricing.
Canadians are usually left out cold by auto manufacturer pricing compared to US due to a weaker dollar. This is the first time I feel like we had been given a bone and a few extra features on top of it (minus some additional colours the US gets).

 

[Victor]

That said, even with a big differential in price, nothing can offset the awful lease rates we are getting and their residual for the car.
A 60K Audi A5 Sportback will still cost as much if not less per month. I don't know if Kia will do something about it but putting 900$ CAD a month (4.99% rate with a 21K residual) on a 4 year lease on a 50K car is an awful deal to me. Praying it will get better by June when I turn in my car.

 

[ghedoicy]

[MENTION=477]MarkyMark[/MENTION]

-Matt