$CAD tops $1.06 US

IboughtafreakingBMW! · 11-02-2007, 03:34 PM

I have lost $15,000 by buying in Canada this past summer. :sad0147: I do recommend to people to look at buying in the US. Look for low mileage used cars with a good history. You can save a huge amount.

p.s. I reserve the right to hate you however

seifufu · 11-02-2007, 03:46 PM

another related article....

http://www.wheels.ca/article/32539

seifufu · 11-02-2007, 03:48 PM

Quote:

Originally Posted by IboughtafreakingBMW!

I have lost $15,000 by buying in Canada this past summer. :sad0147: I do recommend to people to look at buying in the US. Look for low mileage used cars with a good history. You can save a huge amount.

p.s. I reserve the right to hate you however

i hear you buddy... i nearly took the plunge too, and the only reason why i didn't buy early this summer was b/c they refused to/couldn't order the m sport package for me... which in retrospect probably saved me the 15K that you mentioned....

IboughtafreakingBMW! · 11-02-2007, 03:57 PM

Quote:

Originally Posted by seifufu

i hear you buddy... i nearly took the plunge too, and the only reason why i didn't buy early this summer was b/c they refused to/couldn't order the m sport package for me... which in retrospect probably saved me the 15K that you mentioned....

I hate you

aspiring335 · 11-02-2007, 06:21 PM

Quote:

Originally Posted by RBP

Thread title will have to be changed to $CAD tops $1.07 US.

Time to move out of Canada again until the dollar comes back down to reality.

Why would you want to move? For once the dollar has some buying power in the US.

kick · 11-02-2007, 07:06 PM

Must work in export.

Calgary Agent · 11-03-2007, 01:28 AM

Move to Alberta .... still plenty of work here (and housing prices are falling ....)

seifufu · 11-06-2007, 11:12 AM

http://www.thestar.com/Business/article/273980

what's going on??

i need to change the thread title...

flush01 · 11-06-2007, 07:40 PM

1.00 USD = 0.917162 CAD

f#@cking sh!t im loosing $

Magimac · 11-06-2007, 07:50 PM

Quote:

Originally Posted by RBP

Thread title will have to be changed to $CAD tops $1.07 US.

Time to move out of Canada again until the dollar comes back down to reality.

It topped $1.08 this morning...

RBP · 11-07-2007, 12:32 AM

Quote:

Originally Posted by Magimac

It topped $1.08 this morning...

$1.09 tonight

kalch · 11-07-2007, 02:18 AM

over 1.10

RBP · 11-07-2007, 11:18 AM

Let me just jump ahead here a bit and save some time....$1.20

flush01 · 11-08-2007, 04:47 PM

Latest closing: (08/11/2007) - $0.9360

it went up today

hopefully usd is ganna go back now

seifufu · 11-08-2007, 05:22 PM

Quote:

Originally Posted by flush01

Latest closing: (08/11/2007) - $0.9360

it went up today

hopefully usd is ganna go back now

you meant that the USD went up against the CAD?

RBP · 11-08-2007, 05:38 PM

actually the CAD went down against the USD and traded today around 1.068 or so.

Some think the CAD is going up...some think it's going down.

sparkyg · 11-08-2007, 05:42 PM

As oil goes so too will the loonie.

If we see $100/bbl we'll see well over 1.1 exchange. Oil traded $2 USD higher today.

Don't buy any greenbacks yet....

flush01 · 11-08-2007, 05:48 PM

Quote:

Originally Posted by seifufu

you meant that the USD went up against the CAD?

ya it was 0.91 yesterday, today its at 0.93

RBP · 11-08-2007, 06:50 PM

Quote:

Originally Posted by sparkyg

As oil goes so too will the loonie.

If we see $100/bbl we'll see well over 1.1 exchange. Oil traded $2 USD higher today.

Don't buy any greenbacks yet....

Actually oil traded down today, but you're right about the general correlation of the CAD to oil

That being said...there are many catalysts that can drive the CAD back down under par pretty quickly. We can have government action, there can be a global central bank bolstering of the USD, US treasury could threaten to take action to bolster, a Canadian bank like TD could report some huge subprime write-downs, we could have negative jobs numbers next month, etc etc etc

Good luck guessing....no one has been righ so far.

11-02-2007, 03:34 PM	#23
IboughtafreakingBMW! Private First Class 15 Rep 112 Posts Drives: 2011 X5 35i and 2007 e92 335i Join Date: Jul 2007 Location: BC iTrader: (0)	I have lost $15,000 by buying in Canada this past summer. :sad0147: I do recommend to people to look at buying in the US. Look for low mileage used cars with a good history. You can save a huge amount. p.s. I reserve the right to hate you however
	Appreciate 0 Quote

11-02-2007, 03:46 PM	#24
seifufu Private First Class 4 Rep 168 Posts Drives: Honda Join Date: Apr 2007 Location: Canada iTrader: (0)	another related article.... http://www.wheels.ca/article/32539
	Appreciate 0 Quote

11-02-2007, 07:06 PM	#28
kick Private 3 Rep 70 Posts Drives: 1985 E28 Join Date: Oct 2007 Location: Lethbridge/Calgary iTrader: (0)	Must work in export. __________________ Zooloo Tickets - Premium, hard to find concert & sports, event tickets. Suite 200 - 2312 4th Street SW (kitty corner to Earls Tin Palace, above Second Cup) 403.244.0102
	Appreciate 0 Quote

11-03-2007, 01:28 AM	#29
Calgary Agent Captain 21 Rep 703 Posts Drives: '11 550i Join Date: Oct 2007 Location: Calgary, Canada iTrader: (0) Garage List 2011 F10 550i [0.00]	Move to Alberta .... still plenty of work here (and housing prices are falling ....)
	Appreciate 0 Quote

11-06-2007, 11:12 AM	#30
seifufu Private First Class 4 Rep 168 Posts Drives: Honda Join Date: Apr 2007 Location: Canada iTrader: (0)	http://www.thestar.com/Business/article/273980 what's going on?? i need to change the thread title...
	Appreciate 0 Quote

11-06-2007, 07:40 PM	#31
flush01 Major 46 Rep 1,419 Posts Drives: 33m@%#ing5 Join Date: Feb 2006 Location: toronto iTrader: (0)	1.00 USD = 0.917162 CAD f#@cking sh!t im loosing $
	Appreciate 0 Quote

11-07-2007, 02:18 AM	#34
kalch Lieutenant 22 Rep 528 Posts Drives: Gracie:E92 335 19" S/P/FL/CA Join Date: Apr 2007 Location: TORONTO iTrader: (0)	over 1.10 __________________ E92 335 SPACE GRAY/BLK; 6MT; PREMIUM 19" SPORT PACKAGE;6FL;COMFORT ACCESS
	Appreciate 0 Quote

11-07-2007, 11:18 AM	#35
RBP Second Lieutenant 20 Rep 204 Posts Drives: 2010 335i Convertible M sport Join Date: Sep 2007 Location: Edmonton iTrader: (0)	Let me just jump ahead here a bit and save some time....$1.20
	Appreciate 0 Quote

11-08-2007, 04:47 PM	#36
flush01 Major 46 Rep 1,419 Posts Drives: 33m@%#ing5 Join Date: Feb 2006 Location: toronto iTrader: (0)	Latest closing: (08/11/2007) - $0.9360 it went up today hopefully usd is ganna go back now
	Appreciate 0 Quote

11-08-2007, 05:38 PM	#38
RBP Second Lieutenant 20 Rep 204 Posts Drives: 2010 335i Convertible M sport Join Date: Sep 2007 Location: Edmonton iTrader: (0)	actually the CAD went down against the USD and traded today around 1.068 or so. Some think the CAD is going up...some think it's going down.
	Appreciate 0 Quote

11-08-2007, 05:42 PM	#39
sparkyg Brigadier General 142 Rep 3,523 Posts Drives: A6 Allroad Join Date: Sep 2007 Location: Oil Country iTrader: (5)	As oil goes so too will the loonie. If we see $100/bbl we'll see well over 1.1 exchange. Oil traded $2 USD higher today. Don't buy any greenbacks yet....
	Appreciate 0 Quote