UK pricing, wtf?

SiDeards73 · 22 Jul 2016 at 14:11

Scramz said:
It is 2 cards so it is a large saving.

In the end I have got 2x EVGA 1070 FTW for about £60-70 cheaper each than the Palit, its a great deal that is why I buy my PC gear out here and the states.

EVGA RMA service is just as good if not better than more retails service...

EDIT: Crazy thing, with the saving of £300 I could nearly build a new system to place the cards in, mental difference in pricing over different countries.

Tbh i'd have done exactly the same as you if AMD had a card i wanted and i happened to be somewhere it was vastly cheaper than the UK.

Well done matey, i wouldnt worry about RMA, im fairly certain EVGA here would help you out, they are a top top top brand.

DiscoDave · 22 Jul 2016 at 14:13

Mayh3M said:
My preorder increased by £105 since Brexit.

What was the original price, out of interest?

Raikiri · 22 Jul 2016 at 14:15

LoadsaMoney said:
Got nothing to do with Brexit, this that or the other, high GP prices, are down to them not being left on the ******* shelves just gathering dust.

You stop buying em, they'd sharp bloody drop, its been said time and time again, but just falls on deaf ears.

The initial high prices are because nVidia could, the increases since are definitely due to brexit. Look at the exchange rate against the dollar, which is what everything is purchased in.

Scramz · 22 Jul 2016 at 14:18

SiDeards73 said:
Tbh i'd have done exactly the same as you if AMD had a card i wanted and i happened to be somewhere it was vastly cheaper than the UK.

Well done matey, i wouldnt worry about RMA, im fairly certain EVGA here would help you out, they are a top top top brand.

I have RMA'd a gfx from Canada before and they was perfectly fine with it.

I have 2 MSI 980Ti's and I understand it is kind of a side grade but I have already sold the Ti's for £330 each so effectively I am paying £15 extra each card to gain newer tech, extra features and new warranty. Worth it IMHO.

Ian Evey · 22 Jul 2016 at 14:34

Title OP should be 'Nvidia Pricing, wtf?

~>Dg<~ · 22 Jul 2016 at 14:37

just hang tight watch them drop the prices.gouging and people exploiting what has happening was obvious from the very first instance of it being known.

if we dont buy them they have to drop the prices.its that simple.most gpus are 50-100 atleast more expensive than they should be.

the funny thing is for 95 percent of gamers who are at 1080 you need nothing more than a old amd 290/nvidia 970 gtx which will literally max every game out now even battlefield 1 at that res. they are £100 ish 2nd hand.

Jono8 · 22 Jul 2016 at 14:42

~>Dg<~ said:
at 1080 you need nothing more than a old amd 290/nvidia 970 gtx which will literally max every game out now even battlefield 1 at that res.

Rubbish. Not if you want decent ~60fps framerates.

pacegod · 22 Jul 2016 at 14:49

~>Dg<~ said:
the funny thing is for 95 percent of gamers who are at 1080 you need nothing more than a old amd 290/nvidia 970 gtx which will literally max every game out now even battlefield 1 at that res. they are £100 ish 2nd hand.

And gtx 970 aren't £100ish second hand, they're generally £150+

joeyjojo · 22 Jul 2016 at 15:00

Omaeka said:
Main reason tbh is not understanding the effect BREXIT had before it had even been voted on, had always assumed the people in charge of the world economics weren't chimps pulled out of a zoo and could get a decent handle on things. Also forgetting about US state taxes, and how VAT isn't added onto the price post-checkout due to some states not having VAT.

What makes you think dollar prices are too much? They earn 30% more than us on average, so assuming they get hit by the same 20% VAT in whichever state they purchase from, that would be a 10% increase in their prices right? You know that if we earned 30% more than them, I bet my left nut we'd pay 30% more for goods and then juicy VAT on top.

Everything you've written is based on some wrong assumptions. The biggest one is that the Law of one price holds true, which it does not.

If it were true, you would have already moved to the USA based on the cheaper GPUs for sale there.

In fact, you live in the UK where transportation, taxes, duties, and the 'price that may be realized in an individual market' (to paraphrase wikipedia, some call it gouging, others supply and demand) all result in a different price here to the one in the USA.

As others have noted, if you take any of those $ prices and look at the total cost of importing, it isn't worth it, meaning the price is actually pretty perfectly set. For example, the first one in the OP

ASUS Strix 1070 - $449 / £469

Add some shipping ($20 for argument), sales tax (10% for argument), import tax (20%), and the 1.31 exchange rate and you get... £472.58.

That means there is no arbitrage opportunity (for you anyway, buying retail) to start importing GPUs from the USA and selling them here. That means the price is set properly.

(Edit: there'd be no sales tax actually but there would be some import duty, point still stands)

treacle · 22 Jul 2016 at 15:28

Orcvader said:
Well, the dollar to pound is still lower than what it was due to... That thing you don't want us to mention .

breakfast?

DPB · 22 Jul 2016 at 16:17

pacegod said:
And gtx 970 aren't £100ish second hand, they're generally £150+

Yeah, buying a 970 second hand from ebay isn't very good value. I don't see the point of throwing away your warranty for the sake of £50, might as well just buy a brand new card at that price. You also have no idea what the previous user did with it, they could have been running it at insane overclocks 24/7.

D.P. · 22 Jul 2016 at 16:27

Jono8 said:
Why should no one say Brexit? No point just sticking your fingers in your ears so you can't hear what you don't want to hear. A large factor in the current prices is because the exchange rate has tanked because of the brexit vote.

Apart from the Strix ( but it is Asus...), most of those prices are around what they should be - ie dollar price x 1.3 + 20% VAT. In fact some are slightly less.

This, the terrible UK pricing is entirely down to Britain leaving the EU.

Cooper · 22 Jul 2016 at 16:31

D.P. said:
This, the terrible UK pricing is entirely down to Britain leaving the EU.

Of course it is dear, the fact that Nvidia shifted their entire GPU price structure up a level has nothing to do with it.

I mean, if a 1080 cost 'only' £500-£600 because we'd voted remain, that would make it all ok. :rolleyes:

Aretak · 22 Jul 2016 at 16:34

Omaeka said:
Can someone find that site that archives changes in webpages please. No card has gone up by £40+, not even close. I've checked the 1070/1080 range out of curiosity for a while even though I own one. There was a brief period after BREXIT where for example the G1 Gaming went above £450 from £425 and then fell back to £429, other cards had this sort of pattern.

The MSI 1070 Gaming X was £419.99 when I ordered one on June 28th. It's currently £469.99. The Gainward 1070 Phoenix GLH was £399.99 around that time and is currently £449.99 (and the lesser Phoenix cards have received a similar bump). The EVGA 1070 FTW was at £429.99 and is now £469.99. And those are just the handful of cards that I actually paid any attention to.

Raikiri · 22 Jul 2016 at 16:50

Cooper said:
Of course it is dear, the fact that Nvidia shifted their entire GPU price structure up a level has nothing to do with it.

I mean, if a 1080 cost 'only' £500-£600 because we'd voted remain, that would make it all ok.

If we had voted remain and the £/$ rate had gone to 1.60 as predicted the cheapest 1080s (based on US pricing) would be £480-520. Currently the cheapest one is £600.

So yeah, they would still be expensive but they'd be a lot less expensive had remain won. The high prices in the UK, relative to the US (which is what this thread was addressing) is entirely due to brexit.

Rom · 22 Jul 2016 at 17:06

Ive been almost set on a 1070 @ 420, the 1080 version being £700, but not available.

It now in stock, and Im ashamed to say, but im actually thinking about it!
Am i mad ? Is the 1080 worth the extra ? Even if it were say £200 extra ?

Ian Evey · 22 Jul 2016 at 17:06

Raikiri said:
If we had voted remain and the £/$ rate had gone to 1.60 as predicted the cheapest 1080s (based on US pricing) would be £480-520. Currently the cheapest one is £600.

So yeah, they would still be expensive but they'd be a lot less expensive had remain won. The high prices in the UK, relative to the US (which is what this thread was addressing) is entirely due to brexit.

Nope, It's entirely down to people buying them, nvidia know what they are doing and so do retailers.

nomadd · 22 Jul 2016 at 17:08

Omaeka said:
Oh and nobody say 'BREXIT' please, all of these prices are unaffected by BREXIT, that was only a temporary jump in pricing. It seems like companies just feel like fleecing us more than before.

The Queen's picture isn't worth what it used to be. Maybe it's her age?

Ian Evey · 22 Jul 2016 at 17:08

Rom said:
Ive been almost set on a 1070 @ 420, the 1080 version being £700, but not available.

It now in stock, and Im ashamed to say, but im actually thinking about it!
Am i mad ? Is the 1080 worth the extra ? Even if it were say £200 extra ?

None of them are 'worth it'... if you want a 1070 buy that, If you want a 1080 then buy that.

nomadd · 22 Jul 2016 at 17:09

Ian Evey said:
None of them are 'worth it'.

FTFY.