Officine Panerai

 

I think in Europe Panerai watches are not that cheap today. Therefor I would like to know the OFFICIAL LISTPRICE in your country.

So please reply (in the title to make it more easy to read) with the price in your country

And to make it even more easy for everybody, please give the price in your currency AND in Euro

 

ALSO give us the price INCLUSIVE taxes

 

Let's take the popular PAM372 as an example

 

I think the price in the US is  10.400 usd (this is 8.180 euro)

10.4K is without taxes ( tax is about 10% in the US ?) this would make about 9000 euro .... is this correct

 

I would like to see this in euro, USD, SGD, HKD, GBP, CHF, ....

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If you take your example of us price of 10,400 + 10% tax you start with a US price +/-  $11440 not sure why to include tax but staying on the same thought.

If you look at the currency exchange between USD and EURO we had a high of 1.48 and low today close to 1.27  when we apply these to factors we have

Your example stating +/- 9000 EURO at today's rate

or

$11,440 at the high rate of 1.48 we are closer to 7700 Euro mid year.


If you remove the tax from the equation you are less 10% or at +/- 7,000 Euro


So when a brand sits down every year to set prices they are obliged to make some assumptions as to exchange rates and then set the price.  This way a price is set for each country and the buyer that goes to his local store for a price has one number in his currency to look at and evaluate his purchase rather than a spot price.

I wish is was more simple but I remember buying Euros at 1.60 plus on vacation not to long ago going to Europe and OOOUUUCCH.  But at that time my Euro friends loved coming to the US for great bargains with the strong Euro.

The bottom line this simple business practice not an effort to overcharge one region over another.  It can only be looked at from a local perspective.  If you are looking a currency valuation they there is a skew in the perspective. 


Bill

why most Americans don't include tax ?

Or does nobody pays it ? In that case I understand why the public debt is so big in the US  LOL

I mean, or I think  everybody pays taxes on watches in Europe afaik those who export their watches are rare exceptions

Bruno, sales tax are not uniform. It varies between states and in California and NY ( that's what I was told when I visited in April 2011 ), it varies between boroughs. 9.7 % in Santa Monica, Beverly Hills and less than 9.7 % else where in California.The same in NY.The watch boutiques are located where the highest sales tax applies LOL.

but  in any case I think we must add between 7 and 10% to the listrpice we see in the US, right ?

In Europe a listprice is always all taxes included

7- 10 % is about right, but I remembered reading that some states  do not have any sales tax.

In the US, if you buy from another state and that business doesn't have a store or location in your state, you don't get charged sales tax.  So many people purposely buy from another state and have that store ship that product to their location in another state.  You're supposed to voluntarily pay your state their sales tax but many people don't.

- AT

Can't believe it's above 10% now while other parts of Southern California are less than 8%.

Cheers,
Anthony

it was 9.75 % last April when I was there with my family.

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