Why do we as Canadians seem to charge so much for items, not just 100% mark-up but what ever the customer is willing to pay? This is just what I went through.
Needed a phase converter for a machine we bought, had 4 electrical wholesalers price out what we need......minimum price was $ 4000 and as high as 7000. What!!!! Bought a baldor phase converter from the US for $1200.00 shipped to our door inc all taxes and UPS fees. I don't get it.
The same machine needed a magnetic contact, overload relay, 1 switch and 3 fuses $745.42 is what I paid. I did not question what I ordered and it was all special order. OK if thats what it costs, thats what I bought, the machine needed it, no questions asked. Had it here sitting on my desk, and am curious so i look online..... I ended up re-buying everything from a New York electrical store for $204 shipped to my house including all the taxes ( does not include whatever UPS wants to charge, I havn't looked at my statement yet)... Same items same boxes, it is the same parts, $543.00 difference on 4 items. I returned the $745.42 purchase, and payed the 15% restocking fee. Why is there so much mark-up on things in Canada? Is it because we are willing to pay whatever for it, is our life styles so much more than the US? Here is another, We bought a quad when the dollar was at par and above the US, it was still $4500 more after all the taxes and everything to buy it in Canada from Can am..a Canadian company.. We did buy it in Canada only because I wanted a warranty and no hassles for the life of the machine.
We have a business and I can definitly say we do not overcharge for what we sell. Our products work out to get us $50.00 hour shop rate, and that pays for everthing. Our machines are valued over $150,000. We are honest and do not gouge in our prices. It just burns me up, when companies are gouging because they can.... As a business owner I am reminded as to why I have bought so much of what we have in the states over the past many years. Thankyou to the internet, it has saved us many thousands of dollars out of my pocket.
Many companies are honest companies, but there are those that just charge too much for what they sell
Kevin