Hey! Why is everything so much more expensive in € compared to $ ???... and other frequently asked questions...
“So, why does the new RAAL Requisit HAS-1a – for example – cost $ 3.900 in the US and €4.500 in Euro ???”
OK, let us take a closer look: Google says today that USD 3.900 is only EURO 3566,37 !!!
Hmmm, so why on earth does your favourite head-fi dealer ask €4.500?
We start with €3.566,37
At the moment of import duty 3% and VAT 21% is due – and just like that we come out at €4.422,29
Add exchange fees, shipping cost and think of currency fluctuation and quickly you are at the 4.500,-
When you order a product from outside the EU you will have to pay import duty and VAT as well.
OK, you say, but in that case I will bring my new headphone with me on the plane back from my next business trip:
In that case you will have to take into consideration that many US states have a sales tax of up to 9.5 percent. Now your $3.900 just became up to $4.200.
And then of course you are legally obliged to still pay the import duty and VAT at the airport. The fine for smuggling your equipment across the boarder is – if I read the regulations correctly – 30% of the value. Should that happen your $4.200 become close to €6.000,- …
And then the coffee in that customs office is just not as good as in my shop!
But that story doesn’t end here:
Fast forward 3, 6 or 18 months: Your amplifier just stopped working! Products sold in the EU automatically have a warranty of 2 years, while outside the EU, in many cases the warranty is limited to 1 year. At this point you start to send you defective product overseas, … you get the idea…
Which brings us to another frequently asked question:
“Stefan, why don’t you import product XYZ? The reviews are fantastic…!”
EU regulations like the 2 year warranty or the C.E. quality and safety audit make it impossible to sell many brands and products inside the EU. Some brands refuse to extend the warranty beyond 1 year or are not able to get the C.E. label.
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