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		<title><![CDATA[Latest posts for the thread "Thoughts on Exchange Rates"]]></title>
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				<title>Thoughts on Exchange Rates</title>
				<description><![CDATA[ With the recent Election in Great Britain still up for grabs, esp w/ the possibility of a Labour/LibDem coalition, the Pound is taking a beating.  I was pricing out some kits, comparing the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> prices vs the US prices and found an almost 10% if I could buy on the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> site w/ the current exchange rate.<br /> <br /> That leads me to a few questions that I was hoping the Dakka crowd could help me out with.<br /> <br /> 1) Do the prices listed on the <span class="glossaryitem" onmouseover='gp(50);'>GW</span> <span class="glossaryitem" onmouseover='gp(134);'>UK</span> site include VAT?  How about other discounters?<br /> 2) How hard is it to get VAT removed for buyers in the US?  Is it a form?  Can it be taken off at purchase?<br /> 3) A more meta question, is 'right' to go through this exercise and take advantage of the rate differences?  Am I helping <span class="glossaryitem" onmouseover='gp(50);'>GW</span> <span class="glossaryitem" onmouseover='gp(134);'>UK</span> but hurting <span class="glossaryitem" onmouseover='gp(50);'>GW</span> NA?<br /> <br /> Has anyone done this fx rate arbitrage before?  Care to share your story?]]></description>
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				<pubDate><![CDATA[Mon, 10 May 2010 03:01:48]]> GMT</pubDate>
				<author><![CDATA[ SPARKEYG]]></author>
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				<title>Thoughts on Exchange Rates</title>
				<description><![CDATA[ I have been watching exchange rates very often since Im Canadian and almost everything i bought is from outside my own country...<br /> <br /> The customs are very sharp on these type of things , and they make sure you'll never end up with a cheaper deal ( if they can help it )  Even if the seller is nice and list the purchase to be very cheap , the custom will charge you insane handling fees. <br /> <br /> <span class="glossaryitem" onmouseover='gp(50);'>GW</span> know the exchange rates are really bad for Canadians , hence is why they allow Canadian discount retailer to give 30% off.<br /> But even with that discount , the price is still 10% more expensive than American's.<br /> <br /> So for me its  a good time to buy from America , but awful for me to sell to Americans.]]></description>
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				<pubDate><![CDATA[Mon, 10 May 2010 03:05:25]]> GMT</pubDate>
				<author><![CDATA[ LunaHound]]></author>
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				<title>Thoughts on Exchange Rates</title>
				<description><![CDATA[ <blockquote><div><cite>LunaHound wrote:</cite>I have been watching exchange rates very often since Im Canadian and almost everything i bought is from outside my own country...<br /> <br /> The customs are very sharp on these type of things , and they make sure you'll never end up with a cheaper deal ( if they can help it )  Even if the seller is nice and list the purchase to be very cheap , the custom will charge you insane handling fees. <br /> <br /> <span class="glossaryitem" onmouseover='gp(50);'>GW</span> know the exchange rates are really bad for Canadians , hence is why they allow Canadian discount retailer to give 30% off.<br /> But even with that discount , the price is still 10% more expensive than American's.<br /> <br /> So for me its  a good time to buy from America , but awful for me to sell to Americans.</div></blockquote><br /> Really? Of all the zillions of times I've ordered from the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> I have never paid any duty on models. Maybe now would be a good time to start my Tzeentch Daemons if the GBP is struggling <img src="/s/i/a/39ea8e0dbfb45dcc6b802cd0e198dba3.gif" border="0">]]></description>
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				<pubDate><![CDATA[Mon, 10 May 2010 04:36:31]]> GMT</pubDate>
				<author><![CDATA[ anticitizen013]]></author>
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				<title>Thoughts on Exchange Rates</title>
				<description><![CDATA[ <blockquote><div><cite>SPARKEYG wrote:</cite>With the recent Election in Great Britain still up for grabs, esp w/ the possibility of a Labour/LibDem coalition, the Pound is taking a beating.  I was pricing out some kits, comparing the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> prices vs the US prices and found an almost 10% if I could buy on the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> site w/ the current exchange rate.<br /> <br /> That leads me to a few questions that I was hoping the Dakka crowd could help me out with.<br /> <br /> 1) Do the prices listed on the <span class="glossaryitem" onmouseover='gp(50);'>GW</span> <span class="glossaryitem" onmouseover='gp(134);'>UK</span> site include VAT?  How about other discounters? <br /> 2) How hard is it to get VAT removed for buyers in the US?  Is it a form?  Can it be taken off at purchase?<br /> 3) A more meta question, is 'right' to go through this exercise and take advantage of the rate differences?  Am I helping <span class="glossaryitem" onmouseover='gp(50);'>GW</span> <span class="glossaryitem" onmouseover='gp(134);'>UK</span> but hurting <span class="glossaryitem" onmouseover='gp(50);'>GW</span> NA?<br /> <br /> Has anyone done this fx rate arbitrage before?  Care to share your story?</div></blockquote><br /> <br /> 1/ Yes 17.5%...for now (all prices in the <span class="glossaryitem" onmouseover='gp(134);'>UK</span> include tax if applicable)<br /> 2/ If purchasing in store there is a form that can be stampped as you leave the country.  But the admin rate is so high that you need to spend a fair bit to make it worth while, I can't remember the amounts but unless your spending £500+ your wasting your time.  I don't know about mail order though.<br /> 3/? do you care?]]></description>
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				<pubDate><![CDATA[Mon, 10 May 2010 16:39:56]]> GMT</pubDate>
				<author><![CDATA[ Bangbangboom]]></author>
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