Time to use USD to buy Euro cars?

[christiandk]

EURUSD=X: Summary for EUR/USD- Yahoo! Finance

I know that there is not much point in importning cars from US to EU anymore...unless you find that only one that is.

[KNS]

I'm sure there are still plenty of cars heading over to Europe, I hope it's starting to slow down, though.

[JJ 911SC]

Or Canadian car for that matter $1 US = $ 1.25 Cdn

Was at Par 2 years ago.

[whiterabbit]

Its not just money. Generally USA cars are not rusty which most Euro cars are. Take a look at the problems most impact bumper cars in England for example are having with rust that were street driven as day to day drivers when new.

Very hard to find a true rust free original car in Europe. Still better to import from the US.

[COLB]

Euro has lost 18% of its value against the dollar in the past 6 months.

That is not really enough to cover the import/acquisition costs given the availability of cars in the US.

But it should slow the export of cars to Europe.