Quote:
Originally Posted by val_lixembeau
You like doing analysis of prices, so I'm surprised you could draw that conclusion from the contest stuff.
If the value of the prize is $30k (and remember this is the total value), then we have $28.5k after subtracting destination etc (also printed in the contest fine print). Take that and divide by 1.13 (sales tax in Ontario) and you get a bit over $25k, or around the same price as competitors like the Honda Civic Si or Hyundai Genesis Coupe 2.0T so that makes a lot of sense from a product marketing standpoint.
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Good point, i just looked at the contest details and I didn't realize that sales tax was included in the estimate.
Lets assume the 2013 GC base costs $24800. I'm paying cash for my next car. Hyundai ALWAYS has manufacturer cash rebates on the Genesis Coupe, literally every month for the last 3 years, they are usually $2400 but occasionally go up to $4000. Hyundai does this for most of their models because they recognize the strength of the Canadian dollar at the time of sale. No other manufacturer that I know of does this.
Buying a 2013 GC for $22400 is a HELL of a lot less money than $25k.
Also in this price range you have Mustang V6s, very lightly used G37s and Porsche Caymans.
My point is that $30000 after taxes and freight is a lot of money.