With the euro and dollar worth the same for the first time in 2 decades, I’m thinking of buying my speakers from Europe and importing them into the USA.
Does anyone have any experience about which European website to use that ships to the USA?
I’m thinking Focal, MBL, PMC and I’m sure I’m missing lots of others.
Im currently having a friend of mine purchase Graham and Rogers speakers for me in the UK. You can save a Boatload of cash. The Rogers 3/5A Special Edition with Panzerholz is a little over 3K....think its 6500 here. The Graham 3/5A with Premium Rosewood finish is a little over 2K instead of the 3800 here. I get 50% off Shipping thru FEDEX so shipping isnt that expensive at all. Everything will be double boxed and sent in 1 package (Wardrobe box). Could care less about warranty issues. Id just have my buddy take them back to the UK on one of his annual visits here if need be. If your gonna do this setup a FEDEX business account in advance. Doesnt cost anything and the savings could be substantial.
The big question is when will we start seeing a drop in the price for gear made in Europe?? Now that the dollar is worth more or is it the Euro is worth less? The gear coming out of out of Europe has taken a big jump in pricing over the last year or so in return the price should be dropping. If not someone is pocketing a lot more money. With the U.K. on the ropes with their economy should we not also start to see a drop in prices on British made equipment? For one the pricing on Brit made speakers have gone thru the roof lately and for no apparent reason. Well time will tell because something is only worth what one is willing to pay for it. Go U.S.A.
It's far more attractive to personally import from Europe to the US than vice versa. Into the US, imports are on an FOB basis where (as long as they are paid/enumerated separately) freight and insurance costs are not included in the dutiable amount.
In addition, VAT/Sales tax is not chargeable the point of entry - however,as I understand it, data is supplied to local authorities so the importer may or may not get a subsequent sales tax bill.
Two other points to note. It is important to check freight costs, especially for heavy items such as speaker as prices have literally gone through the roof.
Second, it it wise to buy a loudspeaker unheard? The alternative to go and audition the speaker at a bricks and mortar store, but that raises all kinds of free riding dilemmas.
Lastly, many high end manufacturers look very unfavourably on transshipping. One of the main reasons they do is that the price charged in individual markets reflects the cost of doing business in that market which include all of the logistics, distribution and product support costs. So what is cheapest for one individual in the short term may not be best in the long term for a broader cohort of consumers in the market in the longer term.
The shipping will eat up any savings you do via currency on heavy items. However, for vinyl and CDs on discogs, this is the prime time to buy Euro. Already done this a few times lately. Italy is an excellent source, usually gets to Texas in about a week.
I've ordered speakers from Europe a couple of times. I was able to save quite a few grand off msrp each time, even after shipping, taxes, unfavorable exchange rate, etc. I'm very happy with my purchases.
With dollar being so strong against the euro and UK pound I can see the logic. You would be definitely better off going through the manufacturer rather than dealerships. I can highly recommend Living Voice speakers from the UK and you deal direct with the manufacturer through Definitive Audio as they are one and the same.
Also in theory products sold in the US from Europe or the UK should be cheaper if not in stock, as it is cheaper for the distributor/retailer to buy.
Chuck, curious as to why/need to buy from Europe? What brand/model makes you feel the need to by from Europe? I get doing a Euro delivery on a BMW, Porsche etc as you get a nice romp through the country side in your new ride but speakers don’t offer the same effect. Your $$$ you can spend it any way you want but none of the brands listed don’t come sprinkled with pixie dust to make it any more exciting of a purchase.
I bought a new turntable from the UK and it was a hassle free experience. It shipped in two large boxes via DHL. After about 5 or 6 days in transit I got an email from DHL asking that I go to their website to pay import duty. It took five minutes to figure out and the duty was about $40 on a $4000 package. As soon as I paid I got a notification saying that the package was being processed, it arrived around 2/3 days later. The shipping cost was about $150, but that was around 3 years ago, I’m sure it’s doubled since.
Anyway, I wouldn’t hesitate to do this again. The table I bought wasn’t represented through a dealer here in the USA so the manufacturer extended me a full warranty.
If you buy from Europe a speaker that does have US distribution, it is unlikely to have any warranty service available in the US. That is often part of what the distributor does.
If you buy from Europe a speaker that does not have US distribution, you will have to ship it back to Europe if any issues arise.
Doubt they would let you circumvent their established US dealer networks. And most likely after all the shipping and fees, it will cost much more, Best to wait a bit maybe the prices will come down, or just buy a used pair if the price is such an issue.
While I appreciate the thought as a finance guy, I think you’re gonna find a lot of your savings eaten up by higher shipping costs to be worth the effort depending on how much you’re spending of course — think squeezing two ends of the same balloon. Could be wrong though and would be interested in what you find.
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