Prices in UK compared to overseas

stubs

What is it with prices of MTB kit at the moment. Just been looking for some new shoes for when summer arrives. I liked the look of the Specialized Rimes till I saw the price £140 :shock: Did a bit of research and the mrp in dollars $175 using Google thats £112.75 at current exchange rates. I know exchange rates go up and down but for the last year its been hovering around the $1.60 to $1.55 to the £. Its almost as bad when you do the price in Euros list price €139.90 which comes out at £120.48.

Who is doing us over is it the manufacturer, the importer or the retailer I get the feeling its all of them lining up to screw us over.

supersonic

Not sure if all the taxes are a bit more over here, ie our VAT.

nicklouse

does that $ price include sales tax?

Thewaylander

Our VAT is one of the Lower ones in Europe,

For example DK 25%

dhobiwallah

It doesn't include sales tax - for California (as a random example) they cost over $188 with tax from the first online shop I tried - which brings the price to over £120.

As has been said - VAT is reasonably high (20%) while CA sales tax is 7.5 - 10% depending on what it is. So if you doubled the US tax to make it equivalent then the price is over USD£200 - ie within a tenner of the UK price.

cooldad

There are no duties on anything imported from within the EU. That's why it's called the EU.