Any News about Prices changing soon? (1 Viewer)

[paxtoysoldier]

Is there any news about any changes in cost for JJD in the near future? Thanks for responses,
Pat Sr & Jr

 

[Warrior]

Is there any news about any changes in cost for JJD in the near future? Thanks for responses,
Pat Sr & Jr

John, like all the manufacturers, is currently mulling over options to address the Chinese tariffs, it's an ongoing situation.

 

[Julie]

For the record, Dealers cannot just increase prices, those are set by the Manufacturers.
Same reason those of us who adhere to the rules do not discount unless those sale prices are approved by the Manufacturers.

Julie

 

[Warrior]

For the record, Dealers cannot just increase prices, those are set by the Manufacturers.
Same reason those of us who adhere to the rules do not discount unless those sale prices are approved by the Manufacturers.

Julie

This the part that makes me laugh; friends/relatives of mine who know next to nothing about how this business works keep telling me "What's the big deal, just raise your prices to cover the tariff"...............no can do, as Julie said, the manufacturers set the prices not us. This ain't Walmart or Target or Home Depot, all of whom will just raise their prices.

We cannot, period. Thankfully, the manufacturers have had an open dialog with us and are all working on solutions to the tariffs, it's going to take a bit of time to sort it all out, their ball, their rules, but again, they are working with us, which is all we as dealers can ask.

 

[Obee]

Isn't the price set by the manufacturer the international price?

Then to local taxes and duties have to be added.

For example, here in Australia there is a 10% GST (goods and Sales Tax) added, similar to UK with their VAT and so on.

The US dealers can also advertise as same the international price and the + US Tariff.

Easy ???

John

 

[Horus]

VAT 20% here in UK, varies through Europe with Germany currently being 19% I believe.

 

[Warrior]

There are several moving parts regarding tariffs; they started at 10%, then a month later went to 20%, so what do we do as dealers/retailers, raise the price after every tariff increase..............the ones to Canada and Mexico have been put on pause twice, so what do we do, suspend price increases?

What if they go away and we raise prices; do we then lower prices, or keep them raised to make up for all the money we laid out in tariffs?

Again; we're having ongoing discussions with several manufacturers, so we'll just have to see how things go.

 

[Obee]

As a customer, I have to pay the manufactures declared price which is in $US.

My Aussie dealer then charges me that cost, which varies each time due to the fluctuating exchange rate of the $AUS against the 'Greenback' then he adds our 10% GST (Federal Tax).
The price varies all the time.

The consumer will then decide on how much he is prepared to pay, and that is the market.

John

 

[29 Let's Go]

I am wishing the best for all who are dealers.
Steve

 

[wayne556517]

Either way, it is going to suck and effect our small but amazing hobby.

 

[Panzer ace]

Either way, it is going to suck and effect our small but amazing hobby.

This is the best tariff related post on the forum.