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Strong dollar

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Railwriter View Drop Down
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    Posted: 19 Dec 2016 at 1:24pm
I haven't seen much news coverage, but the U.S. dollar has continued to gain against the Euro.

It is at a ten-year high today.  Of course, there is no guarantee that the figures will hold.

About two years ago, a dollar was worth only .72 Euro.  Today it is above .96 Euro.  (If the trend continues, the dollar could soon pull even with the Euro.)

(These are bank rates; individual transactions will not be quite as favorable, with commissions being factored in.)

But, at least for now, this bodes well for the prices of items produced in Europe.

-- Ernest

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Model Train Projects Quote  Post ReplyReply Direct Link To This Post Posted: 27 Dec 2016 at 9:09pm
Hey Ernest,

that is very bad news for Reynaulds thought ;) Considering that we do not have to pay VAT ( 19% in Germany ) and that MSL get special rates from some manufacturers, it might be even cheaper to buy stuff from them with shipping compared to Reynaulds. I personally buy everything I can get from Reynaulds, but some manufacturers are not available, so I'm forced to buy in Germany from that retailer killing MSL.....
Br

Leif
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Railwriter Quote  Post ReplyReply Direct Link To This Post Posted: 27 Dec 2016 at 9:48pm
I buy from a variety of sources.  Yes, in most cases, buying from Reynauld's works out fine, and Rey has been willing to order items for me that are not in stock.  

After all, I assume te strong dollar will also help Rey buy at better wholesale prices.

But, as you have noted, Rey cannot stock everything, so sometimes I buy directly from Europe, particularly items that are already produced in very small quantities.

At least a third of what I buy is on eBay, as, by the time I determine I want something, it is often long out of production.  With eBay, the major pitfall is that some sellers want huge shipping costs -- sometimes four or five times what others are charging for shipping the same or similar items.

On the other hand, there are at least a couple of items on Reynauld's consignment shop list that might be of interest.

-- Ernest

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