Another excuse to buy another guitar

Rock_Zorro

The Pound to Euro exchange rate is very good at the moment. 

In July 2013 a guitar priced at 500 Euros cost £431 to buy. Same 500 Euro guitar bought today - £354 of your British notes. The actual rate is 1 pound to 1.41 Euro which is not far behind the brief ten year high of 1.5 recorded in 2007.

I don’t know enough about currency markets to know if this is going to last, or even improve further, although clearly what’s happening in Greece must be having an influence of some sort.

stickyfiddle

Sure, but not many guitars are made in the Eurozone, so the majority have also had hefty price increases over the same period...

57Deluxe

Are there any Greek Guitar retailers we should know about??

Maynehead

Unfortunately I've noticed Thomann prices have rocketed recently instead of dropping. Take the LTD KH-602 guitar... That was as low as £750 about 2 months ago, now it's almost £900. Same with most other items I checked. Looks like prices on average have risen 20% across the board.

Moe_Zambeek

I've noticed thomann prices going up a bit too recently.

ICBM

57Deluxe said:

Are there any Greek Guitar retailers we should know about??

https://www.facebook.com/TheGuitarShopPolydorou/info?tab=overview

Do you think we should make a noble contribution to our fellow Europeans and buy the whole stock if they have to leave the Euro?

johnonguitar

Yup Thomanns been going up ever so slightly recently

Blueingreen

The £ has weakened against the USD.  That is much more significant for the buying of guitars.  A year ago I was regularly checking out US sites for guitars.  Now I can hardly be bothered because at the current ER a US guitar is unlikely to look value for money in UK terms once you factor in shipping and taxes.

Rock_Zorro

Yeah, points taken about most guitar manufacturing being outside of the eurozone. I’ve checked a few prices on Thomann from July 2013 using the way back machine and they are closer than I expected. 

ROOG

Kemper profiler at Thomann are as low as I have seen them.

bazxkr

Blueingreen said:

The £ has weakened against the USD.  That is much more significant for the buying of guitars.  A year ago I was regularly checking out US sites for guitars.  Now I can hardly be bothered because at the current ER a US guitar is unlikely to look value for money in UK terms once you factor in shipping and taxes.

Likely to continue to slip too........The uncertainty in the Eurozone especially with the Greek farce going on investors are seeking a safe haven in the US $ and that is why the dollar has strengthened.