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B&Q vs trade point rip off

  • 01-11-2024 06:06PM
    #1
    Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭


    same item, same company:


    In Ireland: Eur 398
    https://www.diy.ie/departments/beko-qbse222x-built-in-multifunction-oven-hob-pack-stainless-steel/8690842474316_BQ.prd


    B&Q is trade point in UK. Same item is Eur 358

    https://www.trade-point.co.uk/departments/beko-qbse222x-built-in-multifunction-oven-hob-pack-stainless-steel/8690842474316_TP.prd


    Is there no Govt agency that checks all this? we are being taken for a ride. Now I have to take a ride to Newry to get this (along with other stuff).



Comments

  • Registered Users, Registered Users 2 Posts: 810 ✭✭✭SVI40


    I'm sure they're being shipped in from the UK, so there will be transport costs. We're about 10% the size of the UK, so there is scale too.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,128 ✭✭✭Nigzcurran


    Would you like the wages the Brits get? No thanks

    Time is contagious, everybody's getting old.



  • Registered Users, Registered Users 2 Posts: 19,191 ✭✭✭✭banie01


    Same item, same company, different jurisdictions, different VAT rate, different Business rates, different minimum wage and multiple other different factors that affect prices in UK V IRE.

    I abhor the price gouging that takes place when Irish consumers are subjected to Paddy Tax but, in the particular instance of the oven you've used as your example? Given the ex VAT price in UK is 286.4, that makes the unadjusted Ireland equivalent price 368.74. it's not at all unreasonable that the cost of business as outlined earlier adds an additional €30 on top of that v UK pricing.

    There are far more egregious examples out there than this one.



  • Registered Users, Registered Users 2 Posts: 9,745 ✭✭✭The Continental Op


    How does that work when the OP can get the item at the UK price in Newry? Are B&Q running at a loss in NI?

    Wake me up when it's all over.



  • Registered Users, Registered Users 2 Posts: 810 ✭✭✭SVI40


    Where does the OP mention Newry? We've higher VAT for a start. Higher wages, higher rent, the list goes on.



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  • Registered Users, Registered Users 2 Posts: 2,754 ✭✭✭Lewis_Benson




  • Registered Users, Registered Users 2 Posts: 34,118 ✭✭✭✭zell12


    Eh, our 2025 minimum wage is €13.50, UK minimum wage is £12.21/€14.50



  • Registered Users, Registered Users 2 Posts: 2,806 ✭✭✭JVince


    £299 = €365

    + €5 weee fee = €370

    + 23% vat v 20% = €380

    So about 5% difference - allows for transport and distribution costs and higher wages.

    Btw, higher wages is not just about headline min wage. We have extra public holidays, higher employer prsi, and a less dense population.

    If the op wants to get mad at prices, try TK Maxx. They use 1.5 multiplier on all products. So £50 = € 75 in TK Maxx



  • Registered Users, Registered Users 2 Posts: 115 ✭✭SATNAV


    Guys ,

    As the goods are imported from the UK , if they were originally made outside the EU, customs duties would apply anything from 2% to 30% .

    example bone China is 12 duty+17% anti dumping 29% on top of the price.

    so here we go

    Rate of exchange is normally fixed by some larger companies every 6 months

    Transport from the UK

    Duties

    Higher VAT

    so not that bad



  • Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭suave.4u


    it is sad to see from the comments that we have accepted that this is the way of life here



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  • Registered Users, Registered Users 2 Posts: 1,099 ✭✭✭mondeoman72


    Not sad at all. It's called being realistic and non sensationalism.



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