gbaglo
Senior Member
I agree with Robert, it is certainly a great time to buy an Escape. Exchange rates are highly unpredictable, kind of like guessing where the stock market is heading. You may come out better if you wait a year and you may end up kicking yourself because you waited and now the exchange rate is closer to even. If the price of oil keeps going up then you can expect the CAD to strenghten vs the dollar. At least that's the word from the so called "experts".
Other experts are pointing to the Fed raising interest rates over the next year ( which they have indicated will happen as the US economy continues to strengthen ). Canada is not likely to follow as our economy is still struggling. The result of the difference in interest rates is that CAD will fall further.
Once you buy your trailer, these factors will no longer apply.
