Euro has Lost 15 per cent of value ? Prices! (1 Viewer)

[etap]

The fact that the euro has lost 15 per cent of its value over the last 18 months does not reflect in the prices of new foreign motorhomes, at least that's how I see it, anyone see it differently?
Perhaps the powers that be i.e. Magazines -dealers-the usual pundits etc should start asking questions on our behalf.
Etap

 

[Theonlysue]

I think they are ordered so far in advance, they have to set a sterling price to cover ups as well as downs, but pay the European manufacturers in euros.

 

[Judge Mental]

You will never get a good deal on a german van here. Exchange rate currently 1.28. always found the winter a good time to buy......in the spring prices firm up.

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[DuxDeluxe]

I think they are ordered so far in advance, they have to set a sterling price to cover ups as well as downs, but pay the European manufacturers in euros.

They could well hedge the exchange rate as well

 

[DBK]

Step over the Channel and buy in Europe would be my advice if you want a European 'van and want to make the best of the exchange rate - which will probably get even better in our favour over the coming months.

 

[MitchandJenny]

I'm sure things will continue to "slide" in Euroland. It was unrealistic to expect one currency to suit all those more impoverished economies.. How can Greece Et al ever hope to match Germany, for example !! Totally different lifestyles are bound to make for totally different economic standards and results..
Lets just hope the pound holds steady and we will all have a lot cheaper excursions!!!!

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[deleted-member02]

Just my opinion, Euro to keep falling, Dollar rally to continue.

USA and to a lesser extent UK have finished QE, Japan has just started, Eurozone to follow....

All sorts of bubbles waiting to burst around the world, speculators will repatriate back to the safety of USD.

Cheaper excursions on the horizon as oil price collapses, I'm thinking way below fifty bucks a barrel !

 

[gus-lopez]

Cheaper excursions on the horizon as oil price collapses, I'm thinking way below fifty bucks a barrel !

Saudi minister said that he'd sell at $20 /barrel
just to keep his market share.
It 's political as the Saudi's & yanks are normally reducing production to keep price up. They are doing it to bankrupt the Russians.

 

[Wildbill]

a 50p euro would be nice

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[chrisgreen]

it make's our exports dearer.and could ruin our economy.
but who cares.

 

[deleted-member02]

Guz-lopez, I think $20 a barrel is a real possibility. Saudis are determined to stop the growth in shale/fracking/ tar sands / renewables and will happily sell low until the new investment stops....
My opinion, clean energy is about to get a whole lot better and fossil fuels are on the way out !

 

[Gaston aires]

The Euro has lost the biggest % against the USD, not so much against the £. Around 1.3 € to the £ would be about right.
Phil

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