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Money Saving!
Posted: Sat Feb 07, 2009 1:30 pm
by DJ Tucker
if i was to buy myself a component for my pc over in america using the internet would i save myself some money. i can see the currency rate but would the usd change into pounds. i mean i dont want to buy something for $100 which bout £82 but for them to charge £100 see what i mean.
Can anyone help me on this!
Re: Money Saving!
Posted: Sat Feb 07, 2009 2:31 pm
by hnzw_rui
DJ Tucker wrote:if i was to buy myself a component for my pc over in america using the internet would i save myself some money. i can see the currency rate but would the usd change into pounds. i mean i dont want to buy something for $100 which bout £82 but for them to charge £100 see what i mean.
Can anyone help me on this!
I think most online retailers will charge your credit card $100 but it's up to the bank to use whatever exchange rate they want and they usually charge an add'l 2~3% foreign currency fee. For the most part, I think the biggest drawback with ordering overseas is exorbitant shipping charges.
Re: Money Saving!
Posted: Sat Feb 07, 2009 3:03 pm
by mr_noname111
I am not sure about the exchange rates and whatnot, but I can tell you that overseas shipping as well as possible warranty issues could be a pain... I'm not sure if I would do it even if it meant saving a few pounds, just to avoid the possible headaches.
Re: Money Saving!
Posted: Sat Feb 07, 2009 3:45 pm
by DJ Tucker
yeah i suppose so. thanks for the help
Re: Money Saving!
Posted: Sat Feb 07, 2009 8:27 pm
by Digerati
I never get anything from outside of Canada, where I live. Not only is there a chance of bad exchange rate, fees and usually expensive shipping, but we get hit by customs really bad (especially if shipped UPS). I got charged freaking $37 on a $50 item from the States through UPS. That's when I learned my lesson.
Re: Money Saving!
Posted: Sat Feb 07, 2009 8:30 pm
by DJ Tucker
ouch on that m8. ok so defo stick to my country and thats it hahaha not wanting to spend almost as much on the shipping as i did on the item.
Re: Money Saving!
Posted: Sun Feb 08, 2009 6:33 am
by DMB2000uk
Bear in mind that even if the currency conversion fee and shipping still worked out as being reasonable, when it gets imported to the UK you'd have to pay import duty and VAT on top of the price (including shipping) you paid for the goods. So that will easily add on 30% to the price of the items. And depending on which courier you go with they will charge you even more for "sorting out the customs and import duty and fee's on your behalf" Which is a load of crap really, but once you get lumped with it you can't really not pay it.
Dan
Re: Money Saving!
Posted: Sun Feb 08, 2009 3:12 pm
by vicaphit
Do you know anyone in the states who could ship it out to you with a low declared value? That would get around most of the extra fees.
Re: Money Saving!
Posted: Sun Feb 08, 2009 4:21 pm
by DJ Tucker
unfortunatly no. but i wish i did lol then they could buy it and then i could do a bank tranfer or something even cheque in post to them. oh well bot to worry.
Re: Money Saving!
Posted: Sun Feb 08, 2009 5:12 pm
by DMB2000uk
I'm sure if you pay in advance a few people on here would be willing to help ;)
There's no guarantee that it will pass customs without extra fees though, but the odds are better doing it like this.
Dan
Re: Money Saving!
Posted: Sun Feb 08, 2009 8:33 pm
by DJ Tucker
cool thx, will see what will happen haha.