Has anybody seen Mercedes prices lately?
02-17-2009, 08:29 AM
#11
Also, I don't know about the C or E classes, but the SL and S prices have not suddenly jumped that dramatically. E.g., I think the base SL was around $90K in 2004 and it's been creeping up by a thousand or 2 annually for a while.
02-17-2009, 09:25 AM
#12
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Originally Posted by Yellow_S,Feb 17 2009, 08:59 AM
In the end, the dollar has been at its strongest against the Euro and BP in years, and weakest against the Yen in like a decade. Also, remember not too long ago that $1 = $1 Canadian? Now, $1 = 1.25 CAD. It's also up against the Australian too, as well as most of the world's.
So, it's false to say that the dollar is weaker around the world when it's actually the opposite. It's actually stronger against most of the world's currencies, save for a few.
So, it's false to say that the dollar is weaker around the world when it's actually the opposite. It's actually stronger against most of the world's currencies, save for a few.
The Canadian dollar is more directly tied to commodity prices. When commodity prices are high for things like oil/precious metals, ect. the Canadian dollar strengthens because that is what makes the Canadian market tick. So, when the dollar was at par (or even higher than the American), the reason was more related to the strength of the commodity market than the strength or weakness of the American dollar.
02-17-2009, 09:29 AM
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Originally Posted by Anrosphynx,Feb 17 2009, 10:25 AM
This is a bad analogy...
The Canadian dollar is more directly tied to commodity prices. When commodity prices are high for things like oil/precious metals, ect. the Canadian dollar strengthens because that is what makes the Canadian market tick. So, when the dollar was at par (or even higher than the American), the reason was more related to the strength of the commodity market than the strength or weakness of the American dollar.
The Canadian dollar is more directly tied to commodity prices. When commodity prices are high for things like oil/precious metals, ect. the Canadian dollar strengthens because that is what makes the Canadian market tick. So, when the dollar was at par (or even higher than the American), the reason was more related to the strength of the commodity market than the strength or weakness of the American dollar.
02-17-2009, 09:31 AM
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Originally Posted by Yellow_S,Feb 17 2009, 10:29 AM
I didn't say the dollar's strength was the only factor. Geez! In fact, there are many many factors. But the end result speaks for itself, meaning the dollar is not as weak as people seem to perceive. The exchange rate is the end result. You go to those countries, the dollar is now worth more than months or years ago. That's all there is to it - very simple!
Further, as somone else noted, this is before the American dollar gets pounded again, most likely this year. I would not be suprised if the dollar goes to new LOWS against most other currencies very soon.
02-17-2009, 09:36 AM
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Originally Posted by Anrosphynx,Feb 17 2009, 10:31 AM
comparative to just about a year ago, you would be correct. The American dollar is stronger. However, from a historical perpective (ie-2,3 years ago), it is not. We are about at the same place or in a worse position. Especially against the yen.
Further, as somone else noted, this is before the American dollar gets pounded again, most likely this year. I would not be suprised if the dollar goes to new LOWS against most other currencies very soon.
Further, as somone else noted, this is before the American dollar gets pounded again, most likely this year. I would not be suprised if the dollar goes to new LOWS against most other currencies very soon.
02-17-2009, 10:06 AM
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Originally Posted by Yellow_S,Feb 17 2009, 10:36 AM
I already said the Yen is excluded. In fact, Yen is up against the dollar at its highest level in like a decade. I haven't done research for 2-3 years ago, but my memory recalls that the Euro and BP were worth much more than they are now. Regardless, at this very moment, the dollar is enjoying some high exchange rates. For example, if you go to England, for every dollar, you'd get about .70 pounds to spend, as apposed to .50 like some time ago.
The Euro was at 1.19 just three years ago (Feb, 2006)
The Pound was at 1.73, so we have been gaining against the pound (however, this is a product of many factors, not the strength of the US dollar)
The Canadian dollar was at 1.39 just 4 years ago (May 2004) and was even higher than that just 6 years ago. (almost 1.56).
I will repeat, we are not seeing "high" exchange rates. And these "high" exchange rates are very temporary... so enjoy it.
02-17-2009, 10:19 AM
#18
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Originally Posted by cbehney,Feb 17 2009, 09:29 AM
Also, I don't know about the C or E classes, but the SL and S prices have not suddenly jumped that dramatically. E.g., I think the base SL was around $90K in 2004 and it's been creeping up by a thousand or 2 annually for a while.
I just checked the 09 E Class against my 08 and the price is relatively the same with the same options, but the 09 has some upgrades over mine.
