price

dudenz · 01-29-2008, 09:10 PM

I just came across the price tag for the iLiad. It is 645 Euros (living in Germany) or $699 (when living in the US).
Wondering if I missed something big on the global market, I asked Google, which said: "1 U.S. dollar = 0.679117148 Euros".
That would make (taking $699 as a base): 474.70 Euros for the iLiad.

I thought it would be shipped from the Netherlands!?

So does anyone know, why this thing is almost 200 Euros more expensive in old Europe?

NatCh · 01-29-2008, 11:01 PM

Quote:

Originally Posted by dudenz

So does anyone know, why this thing is almost 200 Euros more expensive in old Europe?

It's not explained very well on their site (like almost not at all), but the European price includes the VAT, and the U.S. price doesn't.

wallcraft · 01-30-2008, 12:55 AM

The value of the dollar has gone down 10% wrt the Euro over the past year without the US price changing. So iRex is making less money than they used to on US sales.

tribble · 01-30-2008, 01:58 AM

you have to add tax and vat.

Thats 475 * 1,19 *1,10 = 621,78 Euro plus shipping and handling and tax on that aswell.
So its not really more expensive, it just seems that way to us. If you can buy it in the US and skip those taxes, then its not legal, but you can save almost 200e Euros.

Gideon · 01-30-2008, 01:58 AM

That's very likely, but they also have to stay competitive in the market. They're already much higher than the competition, if they raised their rates much more they may lose more from lost sells than per item.

tribble · 01-30-2008, 02:07 AM

I hope that with PVI getting those new production facilities ready and PlasticLogic beeing able to mass produce sometime this year, that the prices for eink displays will drop. There needs to be more competition.

dudenz · 01-30-2008, 09:44 AM

Ah, ok. Thanks for the explanations.
@tribble: what other taxes are there besides VAT? Thats is something new to me.
Is that because of import? It shouldn't, should it? ;-)

Well, then I hope too, that other companies will catch on ...

tribble · 01-30-2008, 11:01 AM

We have VAT in germany, which is 19%.
Then you have to pay taxes depending on the goods you are importing. I dont know haow the ilLiad is declared, but it would be around 5 to 10 percent is my guess.

And both taxes add to you sales price INCLUDING shipping and handling costs.

And i hope that other eink competitors wll show up soon aswell

dudenz · 01-30-2008, 06:01 PM

mhh, and I always thought there would be no european-import-taxes. Don't we have something like a common "european economy space" (EWR, http://de.wikipedia.org/wiki/Europäi...irtschaftsraum ) ...

That there is VAT is perfectly clear. :-)
So after all, the shipping and handling cost seem to be quite a piece of the cake.

01-29-2008, 09:10 PM	#1
dudenz Junior Member Posts: 4 Karma: 10 Join Date: Jan 2008 Device: none	price I just came across the price tag for the iLiad. It is 645 Euros (living in Germany) or $699 (when living in the US). Wondering if I missed something big on the global market, I asked Google, which said: "1 U.S. dollar = 0.679117148 Euros". That would make (taking $699 as a base): 474.70 Euros for the iLiad. I thought it would be shipped from the Netherlands!? So does anyone know, why this thing is almost 200 Euros more expensive in old Europe?

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01-30-2008, 12:55 AM	#3
wallcraft reader Posts: 6,975 Karma: 5183568 Join Date: Mar 2006 Location: Mississippi, USA Device: Kindle 3, Kobo Glo HD	The value of the dollar has gone down 10% wrt the Euro over the past year without the US price changing. So iRex is making less money than they used to on US sales.

01-30-2008, 01:58 AM	#4
tribble iLiad Maniac Posts: 1,382 Karma: 2369 Join Date: Apr 2006 Location: Germany Device: Bookeen Opus (i love that thing) and iPad (what an irony)	you have to add tax and vat. Thats 475 * 1,19 *1,10 = 621,78 Euro plus shipping and handling and tax on that aswell. So its not really more expensive, it just seems that way to us. If you can buy it in the US and skip those taxes, then its not legal, but you can save almost 200e Euros.

01-30-2008, 01:58 AM	#5
Gideon Wearer of Pants Posts: 1,050 Karma: 7634 Join Date: Jan 2008 Location: Norman, OK Device: Amazon Kindle DX / iPhone	That's very likely, but they also have to stay competitive in the market. They're already much higher than the competition, if they raised their rates much more they may lose more from lost sells than per item.

01-30-2008, 02:07 AM	#6
tribble iLiad Maniac Posts: 1,382 Karma: 2369 Join Date: Apr 2006 Location: Germany Device: Bookeen Opus (i love that thing) and iPad (what an irony)	I hope that with PVI getting those new production facilities ready and PlasticLogic beeing able to mass produce sometime this year, that the prices for eink displays will drop. There needs to be more competition.

01-30-2008, 09:44 AM	#7
dudenz Junior Member Posts: 4 Karma: 10 Join Date: Jan 2008 Device: none	Ah, ok. Thanks for the explanations. @tribble: what other taxes are there besides VAT? Thats is something new to me. Is that because of import? It shouldn't, should it? ;-) Well, then I hope too, that other companies will catch on ...

01-30-2008, 11:01 AM	#8
tribble iLiad Maniac Posts: 1,382 Karma: 2369 Join Date: Apr 2006 Location: Germany Device: Bookeen Opus (i love that thing) and iPad (what an irony)	We have VAT in germany, which is 19%. Then you have to pay taxes depending on the goods you are importing. I dont know haow the ilLiad is declared, but it would be around 5 to 10 percent is my guess. And both taxes add to you sales price INCLUDING shipping and handling costs. And i hope that other eink competitors wll show up soon aswell

01-30-2008, 06:01 PM	#9
dudenz Junior Member Posts: 4 Karma: 10 Join Date: Jan 2008 Device: none	mhh, and I always thought there would be no european-import-taxes. Don't we have something like a common "european economy space" (EWR, http://de.wikipedia.org/wiki/Europäi...irtschaftsraum ) ... That there is VAT is perfectly clear. :-) So after all, the shipping and handling cost seem to be quite a piece of the cake.

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