Peavey "Ripping off European Steelies"

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basilh
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Peavey "Ripping off European Steelies"

Post by basilh »

<SMALL>The U.S. MSRP is $599.99. Contact your local Peavey dealer for ordering information</SMALL>
source Mike Brown

<BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica">quote:</font><HR><SMALL>Enclosed is a copy of the manual for the Nashville 112 which illistrates that this particular amp doesnt support the option for an expansion cabinet.
The current retail price for this amp is £499 RRP</SMALL><HR></BLOCKQUOTE> source James Dunkley Peavey Europe ....
£499 is equal to $926.418 USD as of this date.

I can't say what I really feel... we are already living in a "Wilderness" regarding all things Steel Related...BUT... it is a little opportunistic to say the least!!
Basil Henriques..

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<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by basilh on 09 February 2004 at 12:56 PM.]</p></FONT>
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Joey Ace
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Post by Joey Ace »

How does this compare to other US made products being sold in Europe?

Such as, whats the cost of a "Fender Whatever" compared to the U.S. MSRP ? <FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Joey Ace on 10 February 2004 at 03:38 PM.]</p></FONT>
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basilh
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Post by basilh »

599.99 USD
United States Dollars =
323.077 GBP
United Kingdom Pounds

1 USD = 0.538471 GBP 1 GBP = 1.85711 USD

I could fly one over in a "First Class" Seat of it's own and be left with change compared to the U.K Price,
AND
the MSRP of $599.99 can be beaten by quite a few of the dealers I've contacted.
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Andy Zahnd
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Post by Andy Zahnd »

I can't belief it how Peavey act overhere... in US Peavey stays for good quality and fair price..... overhere it stays for.... waiting... no service... and overpriced... I know what I'm talking about, I'm own lots of Peavey gear and the only good part is the fair quality for the price.... the rest... just blablablabla... Image you get better deals with other companies!!!!<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Andy Zahnd on 09 February 2004 at 02:04 PM.]</p></FONT>
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Post by CrowBear Schmitt »

i would'nt blame it on Peavey Basilh
but rather upon our EEC politicians and economists.
blame it on the VAT !(value added tax)and import duties
here in France VAT is 19.6 %
i believe it's 21 % in Ireland
15.5 % in Spain
(sales taxes in the different US states aren't bad compared to the VAT in Europa)
how much is VAT in the UK Basilh ?
i worked for an French company who was the sole importer of some american made musical gear
since i spoke english and french, i was an interpreter between this Co. and the manufacturers.
turns out that the importer had to multiply by 3 his wholesale price to cover Shipping, Import duties, VAT and Profit.
of course jumpin'on a flight to the good Ol' to get some gear will save you £££ or €€€
but HM Customs won't let you slide now will they ?
Those of you that have come to Europa can testify, i'm sure, just how thangs are Xpensive here.
i rarely buy American gear here in Europa.
our wonderful € (1 € = 1.25 $) is choking us silly but at least i can get some good deals w: it in the US.
BTW Basilh are you favorable to the € or do you prefer £££ ?
do you find that you get a better deal w: the £ ?


<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by CrowBear Schmitt on 09 February 2004 at 02:25 PM.]</p></FONT>
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Post by CrowBear Schmitt »

oh yeah, i forgot to mention that instead of flyin' back in to Heathrow w: your gear, you should try Amsterdam, Luxemburg, or Belgium.
rent a car or take the train home from there.
i used to do it and never had to pay Customs.
but then the French Customs are not as orderly as Her Majesties ones.
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Post by Martin Abend »

That's strange. In Germany they cost 660 EUR (s.r.p.), I think that's fair compared to the US price.

Martin

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basilh
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Post by basilh »

So martin... I could buy a Nashville 112 from Germany and ship it to the UK and because we're in the EU. there would be NO taxes just the cost of carriage.... approx
€25..
£467.376
So I can buy it cheaper from Germany....WHY
Peavey UK should look at their pricing policy
Arbiter the UK Fender distributor update their prices to reflect the changes in exchange rates..monthly.

CrowBear... I'm 100% FOR the Euro and the sooner the UK adopts it, the better.
I know what you're saying regarding importing from the USA.. but, my son worked for a large UK musical instrument store, and told me what the mark-up on Peavey..Fender and other gear is...
I can tell you that as far as the UK is concerned the mark-up by Peavey is , as I said, opportunistic.
On top of this.. most USA dealers WILL negotiate a price and offer special reductions... not so here.

Maybe I'm "Rocking the Boat" so to speak , but I don't care.. whilst Mike Brown and Peavey USA support the Steel Guitar fraternity admirably.. Peavey in the UK (Corby Plant) have a lot to answer for.

Oh Yes CrowBear the VAT in UK is 17½%
Baz

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<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by basilh on 09 February 2004 at 02:55 PM.]</p></FONT>
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Rainer Hackstaette
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Post by Rainer Hackstaette »

basilh,
<SMALL>I could buy a Nashville 112 from Germany and ship it to the UK and because we're in the EU. there would be NO taxes </SMALL>
Nope! There will be no customs duty within the EU. When the steel enters the United Kingdom from Germany it will go through customs, though, and you'll be refunded the German VAT and you'll have to pay British VAT, instead. Depending on which VAT is higher (German is 16%) you either win or lose.

Rainer

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Post by CrowBear Schmitt »

Rainer, once VAT is paid, the goods are free to circulate within the EEC without havin'to do as you suggest if you are a private party.
it is as you say though if you're a company or runnin'a legal bizness
now, which EEC country has the lowest VAT and which one has the highest ?


<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by CrowBear Schmitt on 09 February 2004 at 04:14 PM.]</p></FONT>
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basilh
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Post by basilh »

Rainer.. what CrowBear says is correct... I often buy direct from germany "Musikhaus Thomann" all I pay extra is the carriage to the U.K. 20 Euro ... regardless of how many units you order. Pretty good P.R.
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Post by Bobby Lee »

Maybe you could buy it from Carter or some other Peavey dealer in the US, and have them ship it to you. Am I naive?

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Post by Dave Boothroyd »

THe best trans altlantic deal I was ever offered was from the Gibson factory in Nashville.
They offered me the chance to pick up a BB King replica from the London HQ at the Factory price.
I'll always regret that I didn't even have that much money at the time.

I'm glad you know about Thomann, Basil, I was going to recommend then to you.
Cheers
Dave
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John Fabian
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Post by John Fabian »

Unfortunately, the Peavey Dealer Agreement not only prohibits shipment outside the USA by a dealer, it also requires the dealer take every precaution to prevent shipment.
This is a recent change approximately 2-3 years old.

John Fabian<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by John Fabian on 10 February 2004 at 03:16 AM.]</p></FONT>
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Rainer Hackstaette
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Post by Rainer Hackstaette »

CrowBear, basilh,

I stand corrected. Image You are quite right. The procedure I described is, indeed, only true if you want to re-sell the goods or if it is an automobile with less then 6000 km or under 6 months old. Then, the VAT of the country applies where you want to register the car. Maybe that's where I got my misconception. Image

A list of the VAT in the EU:

Denmark 25.0 %
Sweden 25.0 %
Finland 22.0 %
Ireland 21.0 %
Belgium 21.0 %
Austria 20.0 %
Italy 20.0 %
France 19.6 %
Greece 18.0 %
Great Britain 17.5 %
Netherlands 17.5 %
Portugal 17.0 %
Spain 16.0 %
Germany 16.0 %
Luxemburg 15.0 %

Professional musicians who charge VAT for their services may reclaim any VAT they paid for their equipment, though. At least here in Germany. Image

Rainer

edited to change France's VAT; thanks, CrowBear!<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Rainer Hackstaette on 10 February 2004 at 06:49 AM.]</p></FONT>
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Post by CrowBear Schmitt »

that don't mean someone can't walk in your shop John, buy the amp and take it where ever he chooses.

Thanks Rainer Image

<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by CrowBear Schmitt on 10 February 2004 at 06:09 AM.]</p></FONT><FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by CrowBear Schmitt on 10 February 2004 at 09:53 AM.]</p></FONT>
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Post by Joey Ace »

<SMALL>"the Peavey Dealer Agreement not only prohibits shipment outside the USA by a dealer"</SMALL>
That sure sounds like Peavey is aware of what they're doing to non-US customers.
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Post by David Doggett »

I hope people in Europe are aware that in the U.S. no customers ever pay the manufacturer's suggested retail price (MSRP). I have never seen a music store here sell for more than 2/3s of that, and often things are on sale for 50% of MSRP. In fact it is kind of a scam the stores run. They advertise a big 50% sale. And when you go in you discover that is 50% of the MSRP, not 50% of the usual retail price. Is it possible some European stores are just converting the MSRP to other currencies and charging that?<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by David Doggett on 10 February 2004 at 07:19 AM.]</p></FONT>
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Post by basilh »

Not so David ... the MSRP of the Nashville 112 in the USA is $599.99
in The UK it's the equivalent of $926.41
which is as I've said earlier £499.00 Stirling

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Post by David L. Donald »

It's just not steelies, it's all purchasers.
I got a Peavey Transfex 212s and it was 1100€ ...

A great amp I am very happy with it, but I wish I had my sister buy it over there and ship it to me.

On the other hand my local music store handed me the amp to use for a week during a session, AND also gives me credit with no interest, so I could pay in reasonable installments and play NOW.

But in general I find if I can order it direct from the USA and have it shipped I pay a LOT less, even with phone calls, because I am cutting out 1-2 VATS on profits and other duties in the process.

I do NOT find the service better if I buy here from the dealers at a premium or direct from the USA... it STILL sucks.

To get any Peavey stuff worked on, like convert my Tube Fex to 220v, I must ship it to England... Oh yeah that's good service...

If Peavey USA put the hammer down on the UK about price gouging, then there might be some change, but I suspect they are getting a song and dance about high costs over the pond, and not seeing first hand.
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Post by Jim Eaton »

Surprized that Mike Brown has not jumped in on this one!
JE:-)>

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Post by Tom Olson »

Don't forget the affect of the recent decline in the value of the dollar which has been artificially inflated in the past in order to help the European economy. Image
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Post by Mike Brown »

OK, here I am. I try not to involve myself with much of the sales end of the business, direct or indirect as that is not what I'm employed to do, and I don't do it on a daily basis. However, I don't have any doubt that our handling procedures are much different than say Fender or Gibson.

I think that Crowbear answered part of the question. From what I understand, there is additional costs involved when marketing overseas. I am not in a position to answer these types of questions. It's a comparable situation to shipping from the U.S. into Canada, ie; exchange rates, etc. though. I recommend that you contact your lawmakers as it really doesn't have anything to do with Peavey Electronics.

Mike Brown
Consumer Information Services<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Mike Brown on 10 February 2004 at 11:23 AM.]</p></FONT>
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Post by David L. Donald »

Tom Olsen, at this time as noted, finally, on the front page of the
International Herald Tribune,
the decline of the dollar is occuring because the Bush administration wants an economic boost
in the USA, just before the elcection.

Even if it is a short term chimmera with long term negative consequences
for the USA and the world.

This is not leftist supposition, but a direct non-refutation of this by an administration treasury dept. spokesman asked a direct question.

And it is killing me over here. I've seen this acomin' and it's downright scary.

There are no economic fundamentals to back it up,
It is purely a political act manipulating investor confidence in the short term.


This should in fact lower prices for USA product purchases in Euros...
but it seems this has NOT been passed on to the consumers.

Mike I don't think it is Peavey Electronics USA, but your UK affiliate, which is, as is typical over here, not directly owned /whollycontroled by Peavey USA,
that is being called into question.

But it does reflect on Peavey as an international presence as should be noted from this posting.<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by David L. Donald on 10 February 2004 at 12:35 PM.]</p></FONT>
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Post by basilh »

Mike... when I needed help regarding peavey mods. for the Profex and Nashville 400, you directed me towards the Corby UK plant...in doing so you accepted their part as a part of the Peavey organisation.
Obviously you are NOT responsible for their action regarding pricing , BUT, you can't disassociate yourself from the organisation.
Peavey's UK pricing DOES reflect on you,, because you are one of their most respected representatives, and quite high profile...
It's NOT the local taxes that are hiking the UK price...It's Peavey Corby.I could (but won't) quote the peavey trade prices in the UK and from that we could probably extrapolate the cost price. Of course the USA cost price could be worked out and the freight and taxes also.

You are a most valued contact for me and all the steel community (but I wouldn't presume to talk for anyone other than myself) so maybe you could liase and tell the powers that be, just how the UK plant is behaving re pricing.

I must say that it's admirable how you've made available to the European Steel Players, the Peavey specialist products... but how can you continue to ask the comany to market steel related items when you're let down by their pricing policies.
Of course this concerns you, and your credibility within the company.
How can you be expected to promote peavey products when the company INSISTS that the USA dealers don't ship out of the country and the local (non USA) Peavey plants set their own prices, reflected only by how much they can get away with charging? In the UK there are STRICT laws about monopoly, and It seems that Peavey USA endorse the policy of Peavey Europe, or is this NOT so. ?

Basil<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by basilh on 10 February 2004 at 01:31 PM.]</p></FONT>