Buying a new Escape 19 - Page 4 - Escape Trailer Owners Community

Go Back   Escape Trailer Owners Community > Escape Me | General Topics > Shopping Escape
Click Here to Login
Reply
 
Thread Tools Display Modes
 
Old 08-30-2013, 03:39 AM   #31
Junior Member
 
Join Date: Mar 2013
Location: Mobile, Alabama
Trailer: 2014 Escape 19
Posts: 7
Currency exchange

Even if Tammy does have a great relationship with her bank (and her bank charges a reasonable fee) there are typically other banks involved in the foreign exchange that will charge additional fees. The bank the US buyer sends the money from charges a fee. Then there is the US intermediary bank that charges a fee. Tammy's Canadian bank will have no control over the fees that these other US banks charge. US buyers may be paying way more in fees than they have to without realizing it. My advice to any US Escape buyer is do your own research on currency exchange. Don't take anyone's word for it that you "are getting a good deal" on the exchange. Do you trust US banks to give you a fair deal? Most US bank employees know very little about currency exchange because they don't deal with it often. It can get real interesting if you try and have an intelligent conversation with them about sending money to Canada.
__________________

dotllama is offline   Reply With Quote
Old 08-30-2013, 07:08 AM   #32
Junior Member
 
Join Date: Oct 2012
Posts: 26
Not sure if this is still the case but we purchased our Escape 19' in July 2013 using a Capitol One credit card for the entire amount. No transaction fees, exchange rate in our favor, plus 1.5% cash back.
__________________

__________________
Jim Grillot
Location: Kettering, Ohio
2013 Escape 19'
2012 Nissan Frontier
jlgrillot is offline   Reply With Quote
Old 08-30-2013, 09:12 AM   #33
Senior Member
 
Join Date: Jun 2012
Location: Las Vegas, Nevada
Trailer: 2015 5.0 TA, 2014- RAM HEMI 8 spd
Posts: 447
If Escape doesn't mind, I like the idea of using a CC for purchase. That really simplifies the transaction...
Scuba55 is offline   Reply With Quote
Old 08-30-2013, 09:13 AM   #34
Senior Member
 
Dave Walter's Avatar
 
Join Date: Apr 2012
Location: Edmonton, Alberta
Trailer: 2013 Escape 19 & 15B
Posts: 1,873
The topic of how US customers can pay for there Escape trailer has been previously discussed in detail on this forum. You may want to read this thread and do a search for others: How to pay up (to Canada)
__________________
2013-19' & 2013-15B {avg is two 17's}, towed by 2011 Toyota FJ Cruiser

"It is better to remain silent at the risk of being thought a fool, than to talk and remove all doubt of it." - 1907, Maurice Switzer
Dave Walter is offline   Reply With Quote
Old 08-30-2013, 09:21 AM   #35
Senior Member
 
fudge_brownie's Avatar
 
Join Date: Nov 2008
Location: Janesville, WI, Wisconsin
Trailer: Escape 19 (sold) Escape 21 2014
Posts: 1,227
Our bank did a wire transfer to the Escape bank for a fee of $45. I believe the receiving bank might also charge a fee, mine charges $15 so Escape also had some costs. This was a direct wire, the only intermediary would be the Federal Reserve, unless Escape is somehow using two banks.

Now, there are two kinds of international wire transfers. One sends in US dollars and the exchange rate is determined by the receiving bank. The second, called International FX, does the exchange rate at the sending institution side. There are advantages to both depending on where you are sending.

In all cases, you need to check our the exchange rates ahead of time, just as dotllama recommends. I am not sure I would be able to find that out, short of a phone call to them and compare that to todays rate. Remember, you will never get the quoted exchange rate as found on the internet. Unless you are dealing with millions of dollars.

Edit: Thank you Dave, I posted a bit later and do recall that discussion.
__________________
Paul and Janet Braun
2003 Toyota 4Runner V8 now 2012 Toyota Sequoia V8
Escape 19' 2010 now 2014 Escape 21'
fudge_brownie is offline   Reply With Quote
Old 08-30-2013, 09:48 AM   #36
Senior Member
 
Dave Walter's Avatar
 
Join Date: Apr 2012
Location: Edmonton, Alberta
Trailer: 2013 Escape 19 & 15B
Posts: 1,873
Has anybody just brought a roll of cash with them and paid for their Escape that way? I have heard that it is still legal to buy things with cash.
__________________
2013-19' & 2013-15B {avg is two 17's}, towed by 2011 Toyota FJ Cruiser

"It is better to remain silent at the risk of being thought a fool, than to talk and remove all doubt of it." - 1907, Maurice Switzer
Dave Walter is offline   Reply With Quote
Old 08-30-2013, 09:52 AM   #37
Site Team
 
cpaharley2008's Avatar
 
Join Date: Jun 2010
Location: York, Pennsylvania
Trailer: 2016 2ndGen Escape 19' PRAIRIE SCHOONER pulled by 2014 Ram Hemi/8sp
Posts: 13,675
The problem with that is crossing the border with more than $10k causes issues. I just send a check.
__________________
Jim
The two most important days in your life are the day you were born and the day you find out why………..Mark Twain
cpaharley2008 is offline   Reply With Quote
Old 08-30-2013, 10:49 AM   #38
Senior Member
 
Sally P's Avatar
 
Join Date: Jul 2013
Location: Auburn, California
Trailer: 2012 17B
Posts: 114
Credit cards no longer accepted for total, I asked when I was there Wednesday. Drat, no airline miles but I don't blame them. It cost$ on their end! Direct wire transfer the easiest IMO if you deal with a big bank.
Sally P is offline   Reply With Quote
Old 08-30-2013, 11:50 AM   #39
Senior Member
 
Join Date: Jan 2013
Location: Morro Bay, California
Trailer: 2016 Escape 21 (May 25, 2016)
Posts: 299
Pity, but understandable. however, depending on the credit card fees, it still might be worth it. If the customer pays the fees Escape is charged (again depending on what they are) and has a 1.5% cash back credit card with no foreign transaction fees, it might be cost effective. One would have to check the numbers.
JaneM. is offline   Reply With Quote
Old 08-30-2013, 03:36 PM   #40
Senior Member
 
Join Date: Dec 2012
Location: Edmonton, Alberta
Trailer: 1979 Boler B1700
Posts: 9,055
Quote:
Originally Posted by cpaharley2008 View Post
Those specs are about what my FJ Cruiser are, I'd recommend the Andersen W/D set up to keep everything level, particularly if your tongue weight is high.
Powertrain and weight specs are similar, but a Sport Trac has much longer wheelbase than an FJ Cruiser (3315 mm / 130.5" versus 2690 mm / 105.9"). Unless the overhang of the Sport Trac is so long it completely negates the wheelbase advantage, the Sport Trac will have less need for a weight distribution system to counteract load transfer from front to rear axle (and less needed for a sway control system).
__________________

Brian B-P is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off






» Virginia Campgrounds

Reviews provided by



All times are GMT -5. The time now is 02:11 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Copyright 2012 Social Knowledge, LLC All Rights Reserved.