If you shop online webstores from the USA, there are four key factors you need to determine if you are really saving money by importing.
Key Factors:
1. Advertised price of the item.
2. Exchange rate from US to Canadian funds.
3. Shipping rate to Canada (usually from 20% to 30%).
4. Tax: GST is 5% of the total cost of the item including the shipping.
Example #1:
Items under $30:
Nelson KJV Smallest Bible w/ Snap-flap closure, bonded leather (L-105S)
CBD price - $ 16.99 USD
SS price - $ 20.97 CDN
CBD Total Cost to You
US Price ($US) $16.99
+Shipping Rate ($7.50)
Subtotal $24.49
+Tax Rate (5%)
Total $25.71
+Exchange Rate (1.0344)
Total $CDN $26.59
Seaside Scriptures Total Cost to You
CDN Price ($CDN) $20.97
+Shipping Rate ($5.99)
Total $CDN $26.96
Example #2:
Items $30 - $99
Oxford Old Scofield Large Print edition, Genuine leather, Thumb index (S-OX394TI)
CBD price - $ 71.99 USD
SS price - $ 82.97 CDN
CBD Total Cost to You
US Price ($US) $71.99
+Shipping Rate (25%)
Subtotal $89.99
+Tax Rate (5%)
Total $94.49
+Exchange Rate (1.0344)
Total $CDN $97.74
Seaside Scriptures Total Cost to You
CDN Price ($CDN) $82.97
Shipping Rate (19%)
Total $CDN $98.73
HINT: Don't let the $US List Price fool you!
Determine the "Total Cost To You" BEFORE purchasing from our friends below the border.
