Euro has Lost 15 per cent of value ? Prices!

Discussion in 'Motorhome Chat' started by etap, Jan 5, 2015.

  1. etap

    etap

    Joined:
    Nov 19, 2014
    Messages:
    256
    Location:
    Somerset
    Ratings:
    +274
    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
     
  2. Theonlysue

    Theonlysue Funster Life Member

    Joined:
    Sep 14, 2009
    Messages:
    3,636
    Location:
    Essex
    Ratings:
    +4,328
    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.
     
  3. Judge Mental

    Judge Mental Funster Deceased RIP

    Joined:
    Sep 2, 2009
    Messages:
    6,761
    Location:
    Sarth London
    Ratings:
    +6,679
    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.
     
    • Like it Like it x 1
  4. DuxDeluxe

    DuxDeluxe Funster Life Member

    Joined:
    Jul 10, 2008
    Messages:
    9,675
    Location:
    Planet Zog
    Ratings:
    +32,466
    They could well hedge the exchange rate as well
     
    • Like it Like it x 1
  5. DBK

    DBK Funster

    Joined:
    Jan 9, 2013
    Messages:
    10,430
    Location:
    Plympton, Devon
    Ratings:
    +22,164
    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.
     
    • Like it Like it x 4
  6. jenny and mitch

    jenny and mitch Funster

    Joined:
    Sep 16, 2010
    Messages:
    2,311
    Location:
    Bungay Suffolk
    Ratings:
    +2,792
    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!!!! :)
     
    • Like it Like it x 2
  7. kaasbroodje

    kaasbroodje Funster

    Joined:
    Sep 14, 2013
    Messages:
    938
    Location:
    Bristol
    Ratings:
    +1,374
    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 !
     
  8. gus-lopez

    gus-lopez Funster

    Joined:
    Aug 18, 2014
    Messages:
    6,867
    Location:
    Lorca,Murcia,Spain
    Ratings:
    +17,839
    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.
     
  9. Wildbill

    Wildbill Funster

    Joined:
    Nov 18, 2011
    Messages:
    8,451
    Location:
    cowdenbeth fife
    Ratings:
    +18,922
    a 50p euro would be nice
     
  10. chrisgreen

    chrisgreen Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,676
    Location:
    england
    Ratings:
    +8,990
    it make's our exports dearer.and could ruin our economy.
    but who cares.
     
    • Like it Like it x 2
  11. kaasbroodje

    kaasbroodje Funster

    Joined:
    Sep 14, 2013
    Messages:
    938
    Location:
    Bristol
    Ratings:
    +1,374
    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 !
     
  12. gillnphil

    gillnphil Funster

    Joined:
    Apr 12, 2010
    Messages:
    1,138
    Location:
    West Suffolk
    Ratings:
    +7,416
    The Euro has lost the biggest % against the USD, not so much against the £. Around 1.3 € to the £ would be about right.
    Phil
     
Loading...

Share This Page