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Filed under: Car Buying , Government/Legal , Chrysler When the Canadian Loonie reached parity with the U.S. dollar a few weeks ago, consumers north of the border began to fully grasp how much more they are paying for automobiles nearly identical to those sold in the U.S. The Loonie has increased in value further since then, and the price disparity is now even more pronounced. Porsche was the first automaker to respond by lowering the retail prices of its entire lineup in Canada , but more mainstream automakers have been hesitant to change the MSRP on their vehicles. The solution appears to be increasing incentives on cars sold in Canada, which Chrysler recently announced it would do for all the cars and trucks it sells in Canada. Canadian consumers could be paying anywhere from a few thousand to tens of thousands of dollars more for vehicles sold in their country versus the U.S., so Chrysler is jacking up incentives and cash rebates or slashing finance rates to make up for the difference...
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