Just noticed that the Spendor D7.2 seems to have gone up by a grand, and the D9.2 by around two. Is this happening with other manufacturers?
Eek! is all I can say...
Eek! is all I can say...
Eek indeed, they kept that quiet. That's the second time in 2 years then. From £4500 to £5650 for the D7.2's, that's some hike.Just noticed that the Spendor D7.2 seems to have gone up by a grand, and the D9.2 by around two. Is this happening with other manufacturers?
Eek! is all I can say...
haddock's up!Some Hifi outlets with good mail order did well during Covid but the chips are down now.
It was just a question of time when the proverbial hit the fan. Hi-Fi does not take priority when there are other financial pressures. I am making do with my 9 year old TV and 10 year old Kef speakers and many would be consumers are holding back because of price hikes. Tough times ahead.Much of this is down to the greed of the countries where base materials are sourced from - everyone is cashing in on what’s going on at the moment. You’d think that this was a time to shine for British manufacturers but sadly, many of them still source certain materials/parts from overseas. I’ll say what I said when Brexit hit - this is a chance for new companies to emerge and manufacture the stuff the U.K. relies on other countries for. You know you have to address the issue when the shipping crate you used to pay £1000 for is now £10,000.
True for many.It was just a question of time when the proverbial hit the fan. Hi-Fi does not take priority when there are other financial pressures. I am making do with my 9 year old TV and 10 year old Kef speakers and many would be consumers are holding back because of price hikes. Tough times ahead.
Such a 20% increase used to be unheard of, now it's almost 'just one of those things' we need to live with🙁When I was looking at the Yamaha a-s3200 last year is was £5k it’s now £6k. Couldn’t afford then so definitely can’t now.
I see the Denon AVC-X3700H, which was a grand, is now showing as £1,300 in the Sevenoaks ad in this month's WHF. Makes 20% seem, slightly less of a de-bagging...Such a 20% increase used to be unheard of, now it's almost 'just one of those things' we need to live with🙁
VAT on 'luxury' items was once 25%.I see the Denon AVC-X3700H, which was a grand, is now showing as £1,300 in the Sevenoaks ad in this month's WHF. Makes 20% seem, slightly less of a de-bagging...
I've been very happy with buying used, albeit with a degree of care. Had never done so before, but can very much see me doing so in future. I paid £2,400 for the D7s.I once had a dream about owning a pair or Spendor A4 speakers. They went up to £2400 about 2 years ago and now they retail at £2850 on all sites. I can't see this trend stopping and all the kit I wanted to save for, will soon be way out of my price range. I might want to replace my speakers in 3 or 4 years, but I dread to think what I would have to pay for them. There will be some belt-tightening, for me now and I'm not sure if luxury items will be a viable option, for some time.
Purchase Tax was 25% on luxury items. Purchase Tax was replaced with VATVAT on 'luxury' items was once 25%.
But in terms of increases, has there ever been a more bleak time than now?
So at the time of that 25% (that I'm too young to remember ) there was no such thing as V.A.T.?Purchase Tax was 25% on luxury items. Purchase Tax was replaced with VAT
I believe VAT replaced Purchase Tax when we joined the Common Market.So at the time of that 25% (that I'm too young to remember ) there was no such thing as V.A.T.?
How many fixed rates did purchase tax have?
With 25% being the highest?
I should really know, but I don't
(One of my brothers spent his entire working life at the VAT office (he must have started when VAT did)....my other brother still works there).