Associate
A good way of working out how much a US or Far East product should cost in the UK is to add 30%.
The 30% will then cover VAT (20%) and the other 10% will cover shipping charges, custom charges, admin charges etc. etc.
When I looked at importing a car from the US, it was the US price divided by the exchange rate the bank was willing to give which is never the exchange rate online, always lower and then add 30% to cover taxes and shipping etc. It does typically work out the same for most items imported.
So is USD price is $600, it would be for instance as a rough guide:
600 / 1.55 = £387
387 + 30% = £503
Then add Etailor margin.
I will be honest guys the price seems far to good to be true, trying to find out from Philips the deal with this monitor but so far no response as no one seems to know.................
Why does everything cost so much more here, the currency exchange is not exactly fair. If the Pound is week we pay more and people in the US pays the same. If the Dollar is strong, we pay more and the people in the US pays the same. Doesn't matter what happens with the Dollar people in the US will always pay the same and we have to pay more. And why should we have to pay 10% more anyway, I get the 20%, but that 10% is still unfair. But I guess we can walk down the street without being shot, so it's not all bad.