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02-18-2016, 03:36 AM   #1
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Difference in price

In the UK the launch price is 1599 yet in USA it $1799 with currency conversion makes that 1259. This is a big difference .... Why?

02-18-2016, 03:47 AM   #2
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The UK price has 20% VAT included, the US price does not include the US Sales Tax (Not 100% sure rates/name etc).
02-18-2016, 03:59 AM   #3
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QuoteOriginally posted by hoopsontoast Quote
The UK price has 20% VAT included, the US price does not include the US Sales Tax (Not 100% sure rates/name etc).
This pretty much sums it up. Plus, Ricoh is free to use different pricing in different markets.

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02-18-2016, 04:13 AM   #4
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1 GBP = 1.43 USD @ 11:00 GMT today

$1799 / 1.43 = 1258.04 ex VAT

+VAT @ 20%

1.20 x 1258.04 = 1509.65 inc VAT

We're are suffering from about 90 surcharge... ...which considering the price is often numerically the same either side of the 'pond' is better than usual!

I'm sooo tempted to upgrade from my more-than-adequate K5

;-)

02-18-2016, 04:28 AM - 1 Like   #5
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QuoteOriginally posted by macjethro Quote
In the UK the launch price is 1599 yet in USA it $1799 with currency conversion makes that 1259. This is a big difference .... Why?
You are probably very very young.

p.s. Sorry I could not resist
02-18-2016, 04:30 AM - 1 Like   #6
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QuoteOriginally posted by phoebus Quote
1 GBP = 1.43 USD @ 11:00 GMT today

$1799 / 1.43 = 1258.04 ex VAT

+VAT @ 20%

1.20 x 1258.04 = 1509.65 inc VAT

We're are suffering from about 90 surcharge... ...which considering the price is often numerically the same either side of the 'pond' is better than usual!

I'm sooo tempted to upgrade from my more-than-adequate K5

;-)
+6% import tax

And for that extra we get
2 years full warranty
6 year design warranty
Consumer law to back it up.
02-18-2016, 08:15 AM   #7
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In the Netherlands, the body was announce for €1999. Thats $2215... Even keeping in mind the Dutch 21% VAT it's expensive (incl 21% it'd be $2178).

I'm fine with companies directly converting USD prices to EUR - $1800 = €1800 but some prices lately do seem excessive.
02-18-2016, 09:27 AM   #8
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I've just pre ordered it in a local store. I suspect they themselves have to pay more than US customers.

I end up paying 2200usd too.

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