Forums > Windsurfing   New South Wales

Aussie $$

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Created by confused > 9 months ago, 18 Sep 2011
confused
NSW, 175 posts
18 Sep 2011 9:26AM
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Since the AU$ is worth about 15% more vs the US$ (and most other currencies) than it was this time last year should we be expecting 2012 kit prices to be 15% less than they were last year?

Zfy
NSW, 51 posts
18 Sep 2011 9:33AM
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I guess that depends on whether the dealers pay rent, wages, insurance, electricity etc in US$ !

confused
NSW, 175 posts
18 Sep 2011 9:36AM
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Possibly partially true but unless my maths is completely useless (very possible) then at least some of the discount should come through if they are able to buy the kit in for 15% less than they could this time last year. Accept that their mark up couldn't come down by the same % given wages, rent etc... but we should still see a good reduction shouldn't we?

Zfy
NSW, 51 posts
18 Sep 2011 9:47AM
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The importers and retailers probably wouldn't change prices down too much, just to cover themselves in case the $ goes down before the next shipment/s.
But it does give room for better discounting while the dollar sits where it is.
Good time to put the screws in for a better price!
Although I have already seen some prices drop significantly... Carbon booms by one manufacturer comes to mind!

confused
NSW, 175 posts
18 Sep 2011 9:52AM
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NSW retailers, this wasn't aimed at you, just posted in the wrong forum!!! Meant to be in general.

Waiting4wind
NSW, 1871 posts
18 Sep 2011 9:55AM
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TonyMurray said...

I guess that depends on whether the dealers pay rent, wages, insurance, electricity etc in US$ !


If they're good foreign exchange traders they'll be able to predict the rates a few months in advance and order their stock at the right time.

At the end of the day the retail price is a factor of busines economics and the market rate for that product. Sometimes the market is willing to pay more so the dealer is better off and other times they lose out.

This subject has been done to death. I'd sugest you take your argument to a local dealer and see what sort of deal you can negotiate.

You'll probbaly get a deal no matter where the $$ is at the time.

Hopefully the forecast comes in today so we can all swap the keyboard for a sailboard.

Waiting4wind
NSW, 1871 posts
18 Sep 2011 9:56AM
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confused said...



NSW retailers, this wasn't aimed at you, just posted in the wrong forum!!! Meant to be in general.




Now you're in the NSW black books, youll be paying full retail +10%

confused
NSW, 175 posts
18 Sep 2011 10:13AM
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Reason for my question was more wondering whether if prices coming down might have an impact on 2nd hand kit prices. A couple of friend really starting to get in to WS but a bit short of $$ to buy kit.

Zfy
NSW, 51 posts
18 Sep 2011 10:16AM
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Unfortunately the importer doesn't have much say when they order.
Orders go in around 5 or 6 months prior to the first shipment and then don't get paid until its ready to ship (the majority of it anyway). A lot can happen in that time.
For subsequent shipments the importers don't like to change the RRP (or cost to the retailer) during the year. Although I have seen an updated retailer price list come out after only a month or so into the season.
Don't get me wrong, I'd love to see pricing come down. But after working in the windsurf retailing and importing business I can see their reasoning.
Who knows though, maybe they'll be feeling confident in the Aussie Dollar and go easy on us all

WindWarrior
NSW, 1019 posts
18 Sep 2011 10:18AM
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confused said...



Since the AU$ is worth about 15% more vs the US$ (and most other currencies) than it was this time last year should we be expecting 2012 fuel prices to be 15% less than they were last year?




Aussie dollar makes things cheaper.... yeah right.

Anyone care to point out why we are paying record prices for fuel with the Aussie $ at record high levels.
Nothing to do with collusion and everything to do with out and out greed.

Same can be said for electricity prices.

So with transport and running costs at unprecedented levels I'm guessing most of the savings that buying 2012 gear in Aussie dollars will be absorbed by other offsetting price hikes !

stehsegler
WA, 3549 posts
18 Sep 2011 8:24AM
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I am always amazed that people want their real estate to go up 10% per year yet they expect sailing gear to get cheaper. Ever thought that windsurf stores might have to pay rent too?

BTW, from what I understand prices will come down by a few dollars.

stehsegler
WA, 3549 posts
18 Sep 2011 8:26AM
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Waiting4wind said...
If they're good foreign exchange traders they'll be able to predict the rates a few months in advance and order their stock at the right time.


If they'd be good foreign exchange traders they would be running a windsurf store but trade in foreign currencies instead.

confused
NSW, 175 posts
18 Sep 2011 10:59AM
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windwarrior, you've got me there!

Personally I'd like real estate to come down by 10%, or 20-30% would suit me quite well but thats a different story!

r2908
NSW, 214 posts
18 Sep 2011 12:24PM
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real estate going up by 10% ?? don't know what country your living in,



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