Phantom Warrior
Major
- Joined
- May 1, 2009
- Messages
- 6,881
Brad but he right , it cheaper by a mile to import your toy soldiers than buy in the UK
Right now the US is the favoured market. Strong dollar, free shipping and out of State internet purchases avoid sales tax. In Canada, I can buy small items in the US or small and big items in Canada. In both cases I have to cover the 20% discount on the Canadian dollar. If I buy an item under $100 in the US I can avoid the 13% sales tax but I have to pay for shipping and when the credit card company converts the purchase to $US, they charge a huge fee. If I buy the item in Canada in $CAN, I avoid the credit card fee for currency conversion and get free shipping, but I have to pay the 13% VAT. It's quite a bit cheaper for me to buy in Canada.
But I have never understood why the prices are so high in the UK. I've heard explanations but they make no sense to me even with a career in finance.
Take the K&C 8th Army 2 Pounder selling for US$159 with free delivery and no sales tax. In Canada it sells for CAN$216 including a 13% VAT. In the UK it sells for GBP170 including VAT. But GBP170 converts to CAN$315 which is CAN$100 more. Where does the extra $100 price come from? All prices can be worked from US$ equivalents. The VAT in Canada is similar to the VAT in the UK. The items ship from Hong Kong - is it more expensive to ship to a dealer in the UK than to a dealer in Canada? Is the dealer discount lower in the UK than in Canada as Matt suggests? Is there a hidden cost in the UK that other countries don't pay?
It just doesn't add up. We can compare the US$, CAN$ and GBP exchange rates. We can compare the VAT and even the shipping costs. But we can't compare dealer discounts or hidden costs.
Terry
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