Canadians will be able to buy the Model S electric sedan but it'll cost them more than Americans, even with a strong loonie. They'll be able to choose from one of three battery pack sizes, with the base 40 kWh battery pack Model S starting at $64,500 Canadian dollars (CAD) before provincial tax rebates (depending on the province). Model S with the 60 kWh battery pack and 85 kWh battery pack will start at $75,200 and $85,900 CAD respectively.
Why the higher price?
“Pricing in foreign markets can be very complex, so we have taken a very straightforward, transparent approach to pricing Model S,” said George Blankenship, vice president worldwide sales and ownership experience. “Canadian base prices start with U.S. pricing, plus 6.1 percent for import duties and an additional 1.5 to 2 percent, depending upon the model, for incremental transportation costs and country specific business expenses. The total is then adjusted using the current mid-term currency exchange rate.”
Despite NAFTA, there's an import duty on parts of the car that are produced outside of NAFTA countries (such as asian-made batteries).
Canadian to Pay More for the Model S Electric Car... : TreeHugger
Why the higher price?
“Pricing in foreign markets can be very complex, so we have taken a very straightforward, transparent approach to pricing Model S,” said George Blankenship, vice president worldwide sales and ownership experience. “Canadian base prices start with U.S. pricing, plus 6.1 percent for import duties and an additional 1.5 to 2 percent, depending upon the model, for incremental transportation costs and country specific business expenses. The total is then adjusted using the current mid-term currency exchange rate.”
Despite NAFTA, there's an import duty on parts of the car that are produced outside of NAFTA countries (such as asian-made batteries).
Canadian to Pay More for the Model S Electric Car... : TreeHugger
