Collapse of the euro and car prices in US?
12-14-2011, 04:36 PM
#1
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E63 AMG 2010, Black, Pano, P2
Collapse of the euro and car prices in US?
Not sure if anyone is following what is going on in Europe, but I am sure many of you know that euro is much weaker against the dollar today than it was 6 months or year ago. Yet car prices keep going up in US
So the question is:
Do you think that it will make it easier for buyers to knock down car prices just based on US/euro ratio? It is obvious that as euro goes down it makes it much more profitable for MB in to sell cars in USD. Weaker euro, in theory, will allow much more room for price negotiation.
Ideas?
Albert.
PS.
(I am going to test it on my new C63 BS order, hehe
).
So the question is:
Do you think that it will make it easier for buyers to knock down car prices just based on US/euro ratio? It is obvious that as euro goes down it makes it much more profitable for MB in to sell cars in USD. Weaker euro, in theory, will allow much more room for price negotiation.
Ideas?
Albert.
PS.
(I am going to test it on my new C63 BS order, hehe
).
12-27-2011, 05:00 PM
#2
MBWorld Fanatic!
I think the prices are usually set once a year and will stay the same despite exchange rate. Obviously, other complicated factors are at play as well.
12-27-2011, 05:07 PM
#3
Senior Member
It is funny to me that you bring up this subject because just this past weekend I said something very similar to my parents. But I have a feeling pricing is not all that flexible.
12-27-2011, 06:11 PM
#4
MBWorld Fanatic!
Collapse? It's all relative. Its being steady @ about $1.30 for a while now. When it did in fact almost collapse in May of last year (fell to if I recall correctly $1.15 or $1.19 from $1.50 and talks of parity were everywhere), car prices did not move a dime. Wouldn't mater anyway.
