S2000 sticker shock
11-19-2004, 04:32 AM
#1
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S2000 sticker shock
My dad brought a car magazine over from Ireland containing all the new car prices.
Honda S2000 - Euro 59,600. That's $77,621 at today's exchange rate.
Honda S2000 - Euro 59,600. That's $77,621 at today's exchange rate.
11-19-2004, 06:00 AM
#3
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Selling anything in the Eurozone is extremely expensive and risky. Europe is overly consumer friendly/anti-business. And the taxes.... don't even get me started.
Cheers
Cheers
11-19-2004, 06:25 AM
#4
Thread Starter
Yeah, the EU made them get rid of VAT (I think it was 48% on a new car), so they renamed it to VRT (Vehicle Registration Tax) and still nail you.
A Lexus LS430 is over $250,000. Even a Honda CR-V goes for over $50,000.
A Lexus LS430 is over $250,000. Even a Honda CR-V goes for over $50,000.
11-19-2004, 11:16 AM
#6
Originally Posted by wake88,Nov 19 2004, 06:43 AM
I wonder how they can possibly get away with that? It doesn't seem like very competetive pricing.
I could be wrong. I learned my history from public school.
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11-19-2004, 12:26 PM
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Weakening Dollar exchange rate is to blame.
Between Euro and JPY that is about what you expect to pay in Europe.
When I was in Greece this summer, new car price showed 38,000 EURO for brand new S2000 in Greece. I am sure price is different from place to place.
But yeah, cars are generally cheaper here in US.
Asian countries for example, you'd expect to pay well over $150,000 for S500 and $300,000 or more for Porsche 911.
Between Euro and JPY that is about what you expect to pay in Europe.
When I was in Greece this summer, new car price showed 38,000 EURO for brand new S2000 in Greece. I am sure price is different from place to place.
But yeah, cars are generally cheaper here in US.
Asian countries for example, you'd expect to pay well over $150,000 for S500 and $300,000 or more for Porsche 911.
11-19-2004, 01:05 PM
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Originally Posted by DiamondDave2005,Nov 19 2004, 07:25 AM
Yeah, the EU made them get rid of VAT (I think it was 48% on a new car), so they renamed it to VRT (Vehicle Registration Tax) and still nail you.
A Lexus LS430 is over $250,000. Even a Honda CR-V goes for over $50,000.
A Lexus LS430 is over $250,000. Even a Honda CR-V goes for over $50,000.
http://www.lexus.co.uk/specification.php?a...=ls&variant=430
I'm not doubting you, I'm just curious as to which contries are actually selling quarter million dollar LS430s.