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On the table below we have tried to compare the prices of a selection of vehicles sold in North America and in Europe. There may be slight differences in specification but in each case we have done our best to compare like with like. We have also removed the VAT (currently 20.6 % in France, 20 % in Italy and 17.5 % in the UK). The differences in price are remarkable. Figures in red are Canadian Dollars.

Honda Civic 3dr H/back Canada CAD France FRF Italy ITL U.K. GBP
OANDA exchange rate 7 Mar 98 $1.00 CAD = 4.2861 1257.22 0.4305
1.5iLS 3 door 114hp in Europe   107,500 31,800,000 14,035
Price Less Value Added Tax   89,138 26,500,000 11,945
1.5iLS 3 door 114hp in Europe   CAD 20,797 CAD 21,078 CAD 27,747
1.6DX 3 door 106hp in Canada CAD 15,850 23.8% less 24.8% less 42.9% less

Source of PRICES : "L'Auto Journal" Dec '97, "Auto Oggi" Feb '98, "What Car" Jan '98

Chrysler Voyager "van" Canada CAD France FRF Italy ITL U.K. GBP
OANDA Interbank rate 7 Mar 98 $1.00 CAD = 4.2861 1257.22 0.4305
Voyager 3.3 V6 LE ("LX" Italy)   240,900 73,805,000 23,700
Price Less Value Added Tax   199,751 61,504,167 20,170
Voyager 3.3 V6 LE ("LX" Italy)   CAD 46,604 CAD 48,921 CAD 46,852
Voyager 3.3 V6 LE in Canada CAD 30,995 33.5% less 36.6% less 33.8% less

Source of PRICES : "L'Auto Journal" Dec '97, "Auto Oggi" Feb '98, "What Car" Jan '98

Jeep Cherokee 4.0L Ltd** Canada CAD France FRF Italy ITL U.K. GBP
OANDA Interbank rate 7 Mar 98 $1.00 CAD = 4.2861 1257.22 0.4305
Cherokee 4.0L Ltd Italy; "Country"   228,900 58,559,000 22,900
Price Less Value Added Tax   189,801 48,799,167 19,489
Cherokee 4.0L Ltd Italy; "Country"   CAD 44,283 CAD 38,815 CAD 45,271
Cherokee 4.0L Ltd in Canada 31,950 27.8% less 17.7% less*** 29.4% less

** Link to the Jeep Cherokee photo actually shows the Sport model.
*** We believe the "Country" is also a lower spec than the Ltd.

Source of PRICES : "L'Auto Journal" Dec '97, "Auto in 4x4" June '97, "What Car" Jan '98

On the basis of these figures, some cars in North America
are clearly 20 to 40% less expensive than in Europe ! ! !

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