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Old 08-29-2007, 07:01 AM   #1
flowolf
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Question Gen3 price in Europe

Hi,
I'd like to know what the final price in Europe will be. I hope that they wont make some 1:1 change with USD (350$ = 350€ ).
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Old 08-29-2007, 07:04 AM   #2
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It will probably be just that. Thats what VAT does to you
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Old 08-29-2007, 07:24 AM   #3
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That would work out about right - VAT is 19.6% in France, so that's what everybody in the EU will be charged.
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Old 08-29-2007, 07:55 AM   #4
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350USD = 257.0222€.
257.0222€ + 19% = 305.856418€.
350€ - 305.856418€ = 44.143582€.
44.143582€ = ~60,1175USD.

So explaining 350USD to 350€ because of VAT is just non-sense.
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Old 08-29-2007, 08:03 AM   #5
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An extended warranty period of 2 instead of 1 year for europe will do the rest. Not to mention some more economical imbalances between european and us markets.

So even if your calculation is correct, my guess is 360$ = 350€
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Old 08-29-2007, 08:14 AM   #6
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Things are almost always more expensive in Europe than in the US. Just a fact of life that one gets used to.
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Old 08-29-2007, 08:15 AM   #7
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Correct me if I'm wrong, but isn't the VAT added at levels other than retail? (ie: when the wholesaler sends to to the retailer, etc.)
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Old 08-29-2007, 08:17 AM   #8
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Originally I was planning to buy a Cybook Gen3, but then I can't wait for that long and finally I got a Hanlin V3. V3 is really worth buying besides Gen3. The two beasts have almost the same hardware specs and V3 is actually cheaper (USD 324, excluding express delivery).

Last edited by zdevil; 08-29-2007 at 09:01 AM.
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Old 08-29-2007, 08:38 AM   #9
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What DRM laden ebook formats does the V3 support?
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Old 08-29-2007, 08:41 AM   #10
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Quote:
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Correct me if I'm wrong, but isn't the VAT added at levels other than retail? (ie: when the wholesaler sends to to the retailer, etc.)
VAT is added at every level, but a business can reclaim the VAT on things it buys for the business.

Eg, suppose VAT is 20% and you spend £1000 on "widgets" for your business, your supplier would charge you £1200, but you could reclaim the £200 in VAT.

Now, if you resold those widget for £2000, you would have to charge the person you sold them to £2400, and you'd pay the £400 VAT to the government.

That's why it's called a value added tax, because you only pay tax on the value that you "add" to the product - the different between the price you pay for it and the price you sell it for.
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Old 08-29-2007, 09:00 AM   #11
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What DRM laden ebook formats does the V3 support?
I don't know yet. In the Manual there are instructions for installing a "copyright SIM card" right next to the battery compartment. But I am no fan of DRM. I simply use the device to read RSS news, web pages I saved, journal papers in PDF formats, free ebooks on the web, plus my own scanned materials (not to distribute of course).
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Old 08-29-2007, 11:20 AM   #12
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Quote:
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Things are almost always more expensive in Europe than in the US. Just a fact of life that one gets used to.
But does that apply when the product is made in Europe in the first place?

Or, are we not talking about the Gen3 Cybook ...?

I think I've confused myself.
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Old 08-29-2007, 11:25 AM   #13
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I know it's crazy, but yes, it very often does .
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Old 08-29-2007, 11:31 AM   #14
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But does that apply when the product is made in Europe in the first place?

Or, are we not talking about the Gen3 Cybook ...?

I think I've confused myself.
The factory is in China, not France.
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Old 08-29-2007, 12:06 PM   #15
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Ah. I thought that since Bookeen is a European company it might make a difference.
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