Lock-in date for exchange rate?

[algonquin50]

Originally Posted by Donna D.

No, not if you pay in installments. Each installment may have a different rate depending on the day/date ETI receives the funds.

Good point....I didn't know they did that but it makes sense. I would go crazy having to watch the exchange rate all the time.
Of course you could do the same with installments. I set my computer to notify me at a certain exchange rate....then called them to send a check. In the past few years, I have seen it as low as .66 and as high as even...ouch.

[Donna D.]

Originally Posted by algonquin50

I would go crazy having to watch the exchange rate all the time.

I absolutely knew I would! I like following the international exchange rates for money. Kinda fun. BUT, when I was planning my budget for Ten Forward, I only figured it in USD. That's how I earned it, that's how I was going to spend it. In the end, I was pleasantly surprised at the amount I actually spent. Would I have gotten more 'options' had I known. No. It was built just the way I wanted it. I had reasons for every decision. Although I did pay 86 cents USD and y'all are getting 10-13 cents less, I have ZERO regrets.

[Perry Butler]

Originally Posted by algonquin50

To be clear...I was replying to a post which seemed to indicate that they had locked in the rate for which they would pay for their trailer. Your Build Sheet has nothing to do with currency exchange. ETI will charge you the going rate when they have the full amount in hand. You would only save money on anything you add to the trailer if you paid in full before the price increase. And, yes, a 3 or 4 day transfer time could have, and did, impact our final price. I had to pay $50 when I picked up the trailer......I was just irritated that I paid a premium for international overnight and it didn't get there on time. whine, whine, whine

Ah........., I never said anything about my build sheet locking in our exchange rate. We paid in four installments, each locking in a rate for that portion of the price. Once we paid in full we "essentially" had fully locked in the price. We averaged about $.774 for our camper. And yes, to be technical, because of the gap between when we sent the last payment and they received it we had a little over $20 in credit that we used to help purchase two t-shirts and a stocking cap.

Enjoy,

Perry

[Donna D.]

CDN just hit 74 cents to one USD.

[Donna D.]

CDN just hit 74 cents to one USD.... again.

[MJClark]

After sending our deposit through wire transfer & paying fees @ both ends minus the unfavorable bank exchange rate of $1.275, We've used OFX money transfer. No fees & the rate is better than a bank rate. I transferred today when USD/CAD hit $1.35 & the transfer rate was $1.331

[Ron in BC]

Originally Posted by Donna D.

CDN just hit 74 cents to one USD.... again.

Yah, hate to bet against my own country but there are signs that it's going lower. Will we ever see parity again?

Ron