CETA should mean cheaper German built cars

01ON19 · 02-17-2017, 07:53 AM

The implementation of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union should eliminate the 6.1% duty on cars imported from Europe. That is the good news. The bad news is the duty will only be phased out over 7 years. Will be quite an interesting situation if the US imposes substantial duties on imported cars.

GQGentleman · 02-17-2017, 10:30 AM

The question is, will the savings be passed on to the customer, I don;t think so..

2kaccordocoupe · 02-17-2017, 10:31 AM

Quote:

Originally Posted by GQgentelmen

The question is, will the savings be passed on to the customer, I don;t think so..

I agree, it will be replaced with another tax or charge.

02-17-2017, 07:53 AM	#1
01ON19 Lieutenant 168 Rep 507 Posts Drives: 2021 M2C Join Date: Mar 2006 Location: Toronto iTrader: (0)	CETA should mean cheaper German built cars The implementation of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union should eliminate the 6.1% duty on cars imported from Europe. That is the good news. The bad news is the duty will only be phased out over 7 years. Will be quite an interesting situation if the US imposes substantial duties on imported cars.
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02-17-2017, 10:30 AM	#2
GQGentleman New Member 0 Rep 7 Posts Drives: M4 Join Date: Apr 2016 Location: Waterloo iTrader: (0)	The question is, will the savings be passed on to the customer, I don;t think so..
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