Escape - USD and CAD Pricing/Payments

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M & M said:
Is not a matter of being "not happy"
US customers (in the process) are being refused rights, given to us in writing.
You don't see Karl (ETI) offering the returned of the USD 2000 deposit, after he changed the rules.
Mario
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If rules were changed before that info was given and money exchanged hands, that would be an issue with me.
 
cpaharley2008 said:
The deposit is returnable except for $500 cdn until the build sheet is signed.
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I signed the Build Sheet in January, 2 month before Karl stopped the option to pay in CAD for US customers.
I exchanged a couple of emails with Karl, I offered a compromised:
I'd pay the exchange rate of the day I signed my Build Sheet, on that date it was 0.766 Not to far from the 0.80 that ETI used.
Karl didn't want any of that, he didn't even acknowledged my offer and have not answer my last 2 email.
I don't want to hurt ETI, I just want to find a fair resolution and no feel being cheated.
Mario
 
M & M said:
I signed the Build Sheet in January, 2 month before Karl stopped the option to pay in CAD for US customers.
I exchanged a couple of emails with Karl, I offered a compromised:
I'd pay the exchange rate of the day I signed my Build Sheet, on that date it was 0.766 Not to far from the 0.80 that ETI used.
Karl didn't want any of that, he didn't even acknowledged my offer and have not answer my last 2 email.
I don't want to hurt ETI, I just want to find a fair resolution and no feel being cheated.
Mario
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You signed a contract with ETI to have a trailer built. The email you received sounds like it's part of that contract... and it's in writing.

Direct link: https://www.escapeforum.org/forums/f33/how-to-hedge-exchange-rate-7492-15.html#post330434


I never heard where part of a contract can be retroactive.
 
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I would agree if the conditions changed mid contract and I had thought I would be able to pay in Cdn. funds that's not good business, going forward though I personally don't see a problem, lots of companies use this type of model. Heck there are even Canadian companies that do business in Canada and quote their goods and services in US funds only, that erks me.

But for American customers that really want to pay in Canadian funds there is a work around to the Escape dilemma.

1) Open a Canadian postal box to secure a Canadian address
2) Open a Canadian chequing bank account. ( You can open a bank account in Canada without a social insurance number as long in it earns no interest)
3) Purchase an Escape using your Canadian bank account and pay 12% sales tax upon pickup.
4) Secure the export documents to export the trailer.
5) Export the trailer yourself and when you get home apply to the Canadian and BC governments for a refund of the tax you paid because the trailer was immediately exported
6) Register in your home state.
7) Enjoy your Escape trailer.

Whether that is worth your trouble is up to you but I can't see any reason why it's not possible.
Barry
 
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Donna D. said:
I never heard where part of a contract can be retroactive.
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That's because it isn't a thing. If both parties made a commitment under specific terms, both are obligated to honor it. An attempt to change the terms midstream by either party, without the other party's consent, is bad business.
 
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Why are we still arguing over this? ETI is trying to make it easier to buy a trailer, from Canada or the US. Plain and simple. Whether the exchange rate is to your advantage or theirs, who cares? Can you afford the trailer or not? Is $50 or even $100 going to make a difference.
Stay safe everyone.
 
mlandry63 said:
Why are we still arguing over this? ETI is trying to make it easier to buy a trailer, from Canada or the US. Plain and simple. Whether the exchange rate is to your advantage or theirs, who cares? Can you afford the trailer or not? Is $50 or even $100 going to make a difference.
Stay safe everyone.
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Doubtful anyone would quibble if it was that little. Back in 2014, when CAD was 86 cents, for me it was over $2500. Certainly not chump change in my budget. At 69-73 CAD is far more than that.

I have no interest in telling someone how to run their business. But the post about how someone in Mexico would pay, made me go hummmm. Is it only US buyers that is forced to pay in their country's currency? Sounds like yes. That is a bad, bad business practice. IF a buyer is willing to jump through hoops to pay CAD, IMHO they should be allowed to do so. YMMV and obviously so is ETI.
 
mlandry63 said:
Why are we still arguing over this? ETI is trying to make it easier to buy a trailer, from Canada or the US. Plain and simple. Whether the exchange rate is to your advantage or theirs, who cares? Can you afford the trailer or not? Is $50 or even $100 going to make a difference.
Stay safe everyone.
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It is no easier to buy a trailer now then it was before this policy change. You could always pay in USD. Or CAD. This new policy just takes away the ability for US citizens to pay in CAD and possibly save a few thousand if they want to do the work involved. Nobody is arguing. Just stating facts and protesting a little. An old tradition..
 
Yes, however did anybody look at exchange rates today?
Peso-loonie: .058
US dollar-loonie: 1.40

Private equity...what did you expect? They're going to maximize profits! Could some bad management decisions happen? Has happened before!

Does anyone remember the movie Barbarians At The Gate? That was about the fall of RJR Nabisco. "Tastes like sh**"!
 
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Hello,

I just checked the Canadian price of an Inventory Stock 19. The Canadian price was $41,290. The Us conversion price as of todays rate says it should be $29,568. I understand the rates fluctuate but the price listed for the trailer is $33,191 US. The difference is $3,623. That's a pretty big jump. Why so much difference? I like the converted Canadian price better!
These are 2020 trailers.
 
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Offer 29k on the inventory unit, All they can say is no, and they get to keep the carrying cost on their books longer.
 
"It certainly makes the process easier to navigate and complete with less stress."

I believe this is just an ETI convenience fee for the buyer.
 
Greg A said:
Offer 29k on the inventory unit, All they can say is no, and they get to keep the carrying cost on their books longer.
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As long as they have the space to keep it, I bet their carrying costs are not a long. Nice to get money in the bank though. :)
 
Somebody here mentioned they are running out of room with the new units now sitting due to the border closure it is taking them an hour to move or pull from inventory. I see an inventory sale soon as the border opens.......
 
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