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Confused with Takom's pricing scheme
Cantstopbuyingkits
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Posted: Tuesday, April 21, 2015 - 07:21 PM UTC
Is the new Takom Luchs really worth £57.99? It seems to be $56.99 in the US so even with VAT including I can't this kit could be a full [equivalent of] £21 more valuable in this country.
Posted: Tuesday, April 21, 2015 - 07:29 PM UTC
Quoted Text
Is the new Takom Luchs really worth £57.99? It seems to be $56.99 in the US so even with VAT including I can't this kit could be a full [equivalent of] £21 more valuable in this country.
Not sure I understand your math, if the kit is $56.99US that would be £37.93 without VAT. You then have to consider transportation and distributor fees going into England, and there also may be a difference in import tariffs as well.
hofpig
England - South East, United Kingdom
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Posted: Tuesday, April 21, 2015 - 07:35 PM UTC
Model hobbies have it for £49.49 it's still pretty pricey though.
http://www.modelhobbies.co.uk/shop/takom-bundeswehr-sppz-luchs-a1a2-02017-p-52996.html
Paul
http://www.modelhobbies.co.uk/shop/takom-bundeswehr-sppz-luchs-a1a2-02017-p-52996.html
Paul
jon_a_its
England - East Midlands, United Kingdom
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Posted: Tuesday, April 21, 2015 - 08:02 PM UTC
As ever, it depends on exchange rates, shipping costs, volume pricing, & lastly the importer, & what price they want to set.
Some kits have got expensive, such as Trumpeter, but less so Hobby Boss, for no reasonable explanation I can think of.
Checkout
Lucky Model (http://www.luckymodel.com/) Takom Bundeswehr SpPz 2 Luchs A1/A2UKP£37.23 inc airmail shipping!
Hobby Search (http://www.1999.co.jp/eng/)
& any well-known online auction site!
Caveats:
Lucky Model 'appear' to ship 'some stuff' from Germany, (but not everything)
Importing anything from non-EU countries over a value of £15.00 may attract the interest of the PO & the Customs (& if sent airmail, certainly will be looked at by customs).
It is your responsibility to calculate possible PO & Customs charges.
Sometimes your local price could be lower than internet price.
But sometimes I wonder why is the Japan or Hong-Kong internet price with shipping (& Customs) less than the UK shop price for AIRFIX?
Some kits have got expensive, such as Trumpeter, but less so Hobby Boss, for no reasonable explanation I can think of.
Checkout
Lucky Model (http://www.luckymodel.com/) Takom Bundeswehr SpPz 2 Luchs A1/A2UKP£37.23 inc airmail shipping!
Hobby Search (http://www.1999.co.jp/eng/)
& any well-known online auction site!
Caveats:
Lucky Model 'appear' to ship 'some stuff' from Germany, (but not everything)
Importing anything from non-EU countries over a value of £15.00 may attract the interest of the PO & the Customs (& if sent airmail, certainly will be looked at by customs).
It is your responsibility to calculate possible PO & Customs charges.
Sometimes your local price could be lower than internet price.
But sometimes I wonder why is the Japan or Hong-Kong internet price with shipping (& Customs) less than the UK shop price for AIRFIX?
Posted: Tuesday, April 21, 2015 - 08:07 PM UTC
Quoted Text
But sometimes I wonder why is the Japan or Hong-Kong internet price with shipping (& Customs) less than the UK shop price for AIRFIX?
I have heard that the Chinese online vendors may be having their shipping costs subsidized by the Chinese government to increase exports. If this is the case, it might explain the low cost to free shipping offered by some the online vendors in China.
zedhol
Ohio, United States
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Posted: Tuesday, April 21, 2015 - 08:11 PM UTC
Not sure I understand your math, if the kit is $56.99US that would be £37.93 without VAT. You then have to consider transportation and distributor fees going into England, and there also may be a difference in import tariffs as well. [/quote]
That US price does not include Sales tax at about 8%, whereas the UK price does include VAT at 20%. Also, the exchange rate has moved a lot in the last few months, from 1:1.65 to about 1:1.43, making the US price less attractive to overseas buyers.
To the original OP this kit, like all others, is worth what someone will pay for it. What is is priced at is a another matter.
Cantstopbuyingkits
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Posted: Tuesday, April 21, 2015 - 08:34 PM UTC
Quoted Text
Quoted TextIs the new Takom Luchs really worth £57.99? It seems to be $56.99 in the US so even with VAT including I can't this kit could be a full [equivalent of] £21 more valuable in this country.
Not sure I understand your math, if the kit is $56.99US that would be £37.93 without VAT. You then have to consider transportation and distributor fees going into England, and there also may be a difference in import tariffs as well.
I'll break it down for you:
1. 1 UK pound is worth roughly 1.50 USD.
2. Going by those rates $57 would be worth £37.26.
3. The UK RRP of this is kit is £58. That's a bit less than £21 more than what the US price would be if it was converted to pounds.
4. UK VAT rate is currently %20. Add that onto £37.26 and you still only have £44.72 which is still £14.27 less than the price in reality.
5. The kit has to be imported from China [where Takom are stationed], so the transportation and distribution fees and import tariffs have to be paid for the US as well [and that country is nearly twice as far away from China than the UK]
The_musings_of_NBNoG
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Posted: Tuesday, April 21, 2015 - 09:04 PM UTC
clearly stated....Maybe its a British tradition of excess profit?
is the excess profit ratio the same for a French person buying in France?, or Germany?
that is ...is it a Euro thing?
is the excess profit ratio the same for a French person buying in France?, or Germany?
that is ...is it a Euro thing?
KurtLaughlin
Pennsylvania, United States
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Posted: Tuesday, April 21, 2015 - 09:16 PM UTC
Quoted Text
.
I'll break it down for you:
1. 1 UK pound is worth roughly 1.50 USD.
2. Going by those rates $57 would be worth £37.26.
3. The UK RRP of this is kit is £58. That's a bit less than £21 more than what the US price would be if it was converted to pounds.
4. UK VAT rate is currently %20. Add that onto £37.26 and you still only have £44.72 which is still £14.27 less than the price in reality.
5. The kit has to be imported from China [where Takom are stationed], so the transportation and distribution fees and import tariffs have to be paid for the US as well [and that country is nearly twice as far away from China than the UK]
a. Distributors in different countries receive different discounts from the manufacturer, based on a number of things, including the quantity ordered.
b. Transportation costs are not simply a matter of distance.
c. There are no import tariffs for toys coming into the USA.
KL
Posted: Tuesday, April 21, 2015 - 10:10 PM UTC
Quoted Text
I'll break it down for you:
1. 1 UK pound is worth roughly 1.50 USD.
2. Going by those rates $57 would be worth £37.26.
3. The UK RRP of this is kit is £58. That's a bit less than £21 more than what the US price would be if it was converted to pounds.
4. UK VAT rate is currently %20. Add that onto £37.26 and you still only have £44.72 which is still £14.27 less than the price in reality.
5. The kit has to be imported from China [where Takom are stationed], so the transportation and distribution fees and import tariffs have to be paid for the US as well [and that country is nearly twice as far away from China than the UK]
Understood, but you have look at the tariff rates difference between the UK and US, as well as the margin difference between the UK and US distributors.
In terms of shipping, depending on the method, there is really now difference. I would assume most bulk shipments of models are done via shipping container.
Speaking of just Canada, there are no tariffs put on plastic models coming into the country because Canada does not have what is considered a home grown industry. But our prices are reflective of the US, as the US is usually the first importer before the product comes to Canada. And I am not sure what the import tariff in the US is for plastic models.
jon_a_its
England - East Midlands, United Kingdom
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Posted: Tuesday, April 21, 2015 - 10:24 PM UTC
Quoted Text
clearly stated....Maybe its a British tradition of excess profit?
is the excess profit ratio the same for a French person buying in France?, or Germany?
that is ...is it a Euro thing?
Not a €uro thing at all... even Revel of ahem... Germany, is frequently cheaper from HK, even accounting for shipping.
It is ahem... traditional for the US $ Dollar price to equal the UK £ pound price
at 1 USD = 0.664735 GBP 1 GBP = 1.50436 USD
that's a 50% rip-off but the innernet is helping to lessen this!
Posted: Tuesday, April 21, 2015 - 11:50 PM UTC
It's the distributor
I can't go into how I know, but it's there margins in the uk that make the difference
I can't go into how I know, but it's there margins in the uk that make the difference
spoons
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Posted: Wednesday, April 22, 2015 - 12:35 AM UTC
Most prices I see in uk just swap the $ for £ then add P+P.
Cantstopbuyingkits
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Posted: Wednesday, April 22, 2015 - 01:58 AM UTC
Quoted Text
Most prices I see in uk just swap the $ for £ then add P+P.
Not really, I honestly don't remember ever seeing a regional price increase of this magnitude before.
Posted: Wednesday, April 22, 2015 - 02:48 PM UTC
Don't forget that all those "bargains" from HK etc really should attract hefty import fees! It's only by chance that folks usually get a true bargain because HM Customs doesn't get to check anywhere near the majority of arriving packages.
The number of middlemen, the differing taxes, and different shipping costs all factor in. Personally I'll happily do some plastic surgery to the RoG Luchs in my stash rather than pay the cost of what I'm sure is a fine rendition, simply because I don't NEED a replacement kit no matter how much I'd LIKE one...
The number of middlemen, the differing taxes, and different shipping costs all factor in. Personally I'll happily do some plastic surgery to the RoG Luchs in my stash rather than pay the cost of what I'm sure is a fine rendition, simply because I don't NEED a replacement kit no matter how much I'd LIKE one...
RobinNilsson
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Posted: Wednesday, April 22, 2015 - 03:10 PM UTC
Modellbau König (or Koenig ..) in Germany has them for £37:60 (depending on the rate at the moment) + shipping
but if you get over 150 Euros the shipping is free ....
http://www.modellbau-koenig.de/Military_Models_135/Wheeled_Vehicles/modern_since_1945/Bundeswehr_SpPz_2_Luchs_A1/A2_2_in_1_i38_45942_0.htm
There is a UK-flag to switch to English if the link opens in "German-Mode" :-)
I can recommend MBK without any reservations, sometimes it is possible to find a better price elsewhere but they are my main supplier of "vital stuff" and things I "must" have ;-)
/ Robin
but if you get over 150 Euros the shipping is free ....
http://www.modellbau-koenig.de/Military_Models_135/Wheeled_Vehicles/modern_since_1945/Bundeswehr_SpPz_2_Luchs_A1/A2_2_in_1_i38_45942_0.htm
There is a UK-flag to switch to English if the link opens in "German-Mode" :-)
I can recommend MBK without any reservations, sometimes it is possible to find a better price elsewhere but they are my main supplier of "vital stuff" and things I "must" have ;-)
/ Robin
Mar-74
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Posted: Wednesday, April 22, 2015 - 03:19 PM UTC
[quote]clearly stated....Maybe its a British tradition of excess profit?
quote]
Like that of the US bankers in 2008?
quote]
Like that of the US bankers in 2008?
RobinNilsson
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Posted: Wednesday, April 22, 2015 - 03:23 PM UTC
[quote]
Not only in the US .....
Quoted Text
clearly stated....Maybe its a British tradition of excess profit?
quote]
Like that of the US bankers in 2008?
Not only in the US .....
Mar-74
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Posted: Wednesday, April 22, 2015 - 03:39 PM UTC
very true.
jon_a_its
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Posted: Wednesday, April 22, 2015 - 04:13 PM UTC
Quoted Text
Modellbau König (or Koenig ..) in Germany has them for £37:60 (depending on the rate at the moment) + shipping
but if you get over 150 Euros the shipping is free ....
http://www.modellbau-koenig.de/Military_Models_135/Wheeled_Vehicles/modern_since_1945/Bundeswehr_SpPz_2_Luchs_A1/A2_2_in_1_i38_45942_0.htm
There is a UK-flag to switch to English if the link opens in "German-Mode" :-)
I can recommend MBK without any reservations, sometimes it is possible to find a better price elsewhere but they are my main supplier of "vital stuff" and things I "must" have ;-)
/ Robin
& buying from DE to UK means there won't be any additional customs charges as it is within €U & has been tax paid.
Now, if only the German Ebayers would take PayPal, I'd be always skint!