Exchange Rates - BMW Luxury Touring Community
 
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post #1 of 16 Old Dec 29th, 2006, 5:03 pm Thread Starter
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Exchange Rates

Still not sure, how they work, ... but, if I wanna buy a new toy (eg just bought a helmet cam) - if I buy in the UK, it cost's bout Ģ300, if I buy on internet from the States, it's half of that, plus mebbe 20 bucks for shipping - arrives in about 5 days - who is gettin skanked ?

  • 2005 LT - 17 countries, 2 CONTINENTS & counting !
  • MB SLK 350 MT
  • 1974 Triumph Bonneville 750

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post #2 of 16 Old Dec 29th, 2006, 5:23 pm
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You aren't any more it seems.. but, don't shout it from the rooftops.. wouldn't want them to abuse you further.

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post #3 of 16 Old Dec 30th, 2006, 6:12 am
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Anything I have bought from the USA and has been shipped by DHL/UPS has cost me at least another 30% in duties and tax.

Why ?. Because they do things by the book.

If it is posted by airmail, takes a bit longer, is cheaper and normally taxes and duties are half or sometimes nothing.

Why ?. Because they canīt be bothered.
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post #4 of 16 Old Dec 30th, 2006, 6:13 am
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Wooly,

After you have tried the cam, let us know which one and what you think.

Simon
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post #5 of 16 Old Dec 30th, 2006, 6:15 am Thread Starter
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If you ask the shipper to mark the package 'Repair/Replacement under Warrantee' it usually stops you paying any tax on the consignment.

  • 2005 LT - 17 countries, 2 CONTINENTS & counting !
  • MB SLK 350 MT
  • 1974 Triumph Bonneville 750

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post #6 of 16 Old Dec 30th, 2006, 6:17 am
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Skanked

It can depend on how they ship the parts. Some of the more reputable carriers will import the goods and you will find yourself paying Duty and VAT - DAMHIKIJKOK

But the exchange rate is very favourable at the moment.

Graham Wintersgill
On the bonnnie bonnie banks of Loch Lomond

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post #7 of 16 Old Dec 30th, 2006, 6:24 am Thread Starter
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Quote:
Originally Posted by simoncharles
Wooly,

After you have tried the cam, let us know which one and what you think.

Simon
I got an Oregon Scientific camera
http://www2.oregonscientific.com/shop/product.asp?cid=6&scid=14&pid=709

Also check out

http://www.bmwlt.com/forums/showthread.php?t=17060

Resolution is just VGA, but, for the price, results arn't toooo bad.

  • 2005 LT - 17 countries, 2 CONTINENTS & counting !
  • MB SLK 350 MT
  • 1974 Triumph Bonneville 750

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Last edited by Woolly; Dec 30th, 2006 at 6:59 am.
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post #8 of 16 Old Dec 30th, 2006, 6:25 am
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Wooly,

I think a lot depends with whom you are dealing with.

I have purchased several things (just got one on order now) from small family run companies, and they have agreed to my request to put a lower price on the invoice used for shipping purposes.

On the other hand, large companies, donīt want to know, as the person you are dealing with , if it isnīt a computer, will not risk his/her job to save you a few $.

Simon
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post #9 of 16 Old Jan 2nd, 2007, 2:24 am
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You Brits always get the short end of the stick. Most consumer goods cost twice what they do in the US, regardless of exchange rates or where the item is made. I can give numerous examples . . .

Ken
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Some people see the gas tank as half empty. Some see it as half full. All I care is that I know where the next tankful is coming from...
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post #10 of 16 Old Jan 2nd, 2007, 3:57 am
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You need a relative in the US or a friendly LTnet member you can get goods shipped to, and then posted on.

My sister does this for me. I know I pay a little extra in Shipping, but do avoid the problems with Customs or the shipping company playing it by the book.

I'd not heard of the warranty replacement/repair scam, thats good to know for future, I'll try that angle first before shipping to my sister in the future.

Rgds
Mike

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For those that don't, no explanation is possible."

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post #11 of 16 Old Jan 2nd, 2007, 8:21 am
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I had a similar thought when we flew into Edinburgh, the cost of a round trip to London was about $450, the flight into Edinburgh was over $1100.

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post #12 of 16 Old Jan 2nd, 2007, 8:32 am
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Besides the exchange rates being favorable to you, and the high cost of shipping, you must remember that the UK has a 23% VAT (value added tax) included in just about everything sold over there.

Brian
Fanwood, NJ
2003 K1200LT Anthracite

"Explain it to me once more: WHY do I have to "Press 1 for English"
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post #13 of 16 Old Jan 2nd, 2007, 8:35 am Thread Starter
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Quote:
Originally Posted by BLBantz
Besides the exchange rates being favorable to you, and the high cost of shipping, you must remember that the UK has a 23% VAT (value added tax) included in just about everything sold over there.
actually 17.5% across the board (at one time there was a 25% 'luxury' vat rate - this was applied haphazardly to whatever the gouvernment deemed to be a luxury)

  • 2005 LT - 17 countries, 2 CONTINENTS & counting !
  • MB SLK 350 MT
  • 1974 Triumph Bonneville 750

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post #14 of 16 Old Jan 2nd, 2007, 11:46 am
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17.5%...still a lot of money! The good news for visitors is that we can apply for a refund of the tax when we leave the country. Overall I think you are getting the better part of the bargain when buying from the US. Your prices are higher generally and in particular for gasoline. My daughter leaves tomorrow for Dublin, Ireland for a study abroad program. She will be there and around Europe for four months. Her friends who just came home from abroad told her how much things cost there. She has sticker shock from the prices! I think she will have a great time though.

Brian
Fanwood, NJ
2003 K1200LT Anthracite

"Explain it to me once more: WHY do I have to "Press 1 for English"
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post #15 of 16 Old Jan 2nd, 2007, 2:17 pm
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VAT and exchange rates

Brian

Ireland is even more expensive than the UK but Dublin is a lovely city. If your daughter makes it to the West coast of Scotland let me know and I will provide whatever help I can.

Graham Wintersgill
On the bonnnie bonnie banks of Loch Lomond

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post #16 of 16 Old Jan 2nd, 2007, 3:34 pm
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Thanks Graham, She plans to travel throughout the UK and into the continent too finishing up at the end of April in Italy. Boy, makes me wish I was back in college!

Brian
Fanwood, NJ
2003 K1200LT Anthracite

"Explain it to me once more: WHY do I have to "Press 1 for English"
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