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      04-04-2012, 12:02 PM   #38
dkerr
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Drives: '21 X5, '15 X3
Join Date: Aug 2010
Location: CT

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On price

On comparing price between countries remember to compare apples to apples, so base spec needs to be factored in. Also, in the USA prices are quoted excluding sales tax that varies by state and is typically in the 6% to 9% range. In europe prices are usually quoted inclusive of Value Added Tax (VAT, TVA, etc.) that in most european countries is approaching 20%.

Auto manufactures can't do much about sales tax rates and need to price according to local market custom. Normalize for taxes and specs and you'll get a much more accurate picture of price difference by market.

DAK
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