Importing & Weak U.S. Dollar - Page 2

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Ace952

by Ace952 on 20 January 2011 - 17:01

Jacko, HUH?

LMAO!!!! 

Franklin... I was wondering that.  Wondering if people stopped looking overseas and starting looking more here in the states.

Sable...Are you saying that some breeders are willing to add more training b/c of the weak dollar as a way to make the sale?

by wrestleman on 20 January 2011 - 17:01

There is as good if not better working line pups being produced here from German and Belgium prove lines and if you look around and don't fall for some off the wall high priced pup you can get a great working prospect at a super good price from titled parents. The airfare alone from Europe is more than the pups worth. If we quit buying I promise all prices would come down. Its simple economics if something is being produced and no one is willing to pay the high inflated price for the goods then the price eventually falls, same would happen with airfares for shipping.

by duke1965 on 20 January 2011 - 18:01

sable , do you really think that, in general , american breeders can compete with european breeders

not to talk bad about US breeders , but let me give you a few starters

in europa , within driving range are the best dogs , the best breeders and the best trainingfacilities , USA is handicapped on all that by its size ,

in USA alot of breeders buy a (titled) male , and breed it to anything on four legs they have
in europe you wont find breeders like that

and sable , you have a bitch your not 100% sure about , I saw on another forum , will you breed her or find her a home , even if you loose money there

just some things to think about

Silbersee

by Silbersee on 20 January 2011 - 21:01

I am not Jacko, but my guess is what he meant is just pay in Euros!!!!
What you do is you go to a big bank chain (like City Bank, or Bank of America etc. - not wanting to advertise anybody's business) and you ask to purchase a foreign currency bank check (in this case Euros). You will pay the bank their daily exchange rate, pay their fee for it and in return have a check in the requested Euro amount. Simple!
You then send the check with certified/insured mail to the European seller. It is bomb and fool proof!
No surprises! You know what you spent and the additional fees and the European seller gets the money he requested!

by hodie on 20 January 2011 - 21:01

Agree with Silbersee. I always paid in Euros and I always also paid a few more Euros than was the deal agreed upon.

FYI - The exchange rate is about 1.34 Euros today to 1 US dollar. That is much, much better than it was just a few months ago. For interesting information, check out this link:

http://www.exchange-rates.org/history/USD/EUR/G/180

Silbersee

by Silbersee on 21 January 2011 - 03:01

Yes Hodie, the exchange rate has been very volatile during the past 6 or more months, to say the least.
The sad thing is that U.S. banks always give you about 5 cents less on the dollar than German banks.  Last week,  I transferred Euros over from Germany to the U.S. (in form of a Dollar transfer, not Euros) and the exchange rate my German bank used was 1.33 . Bank of America had a rate of 1.28 the same day. Needless to say, it is much cheaper and smarter to ask the European banks to pay out in Dollars than the U.S. banks to exchange Euros to Dollars. For a mere $ 7 to $ 12 in bank fees, you can save hundreds with a better exchange rate. Even though I am very conservative, I have friends here and in Europe, who like to speculate on that. It is called currency trading, sometimes just as popular as stock trading!
But if you apply that to dog importing, it would mean that you need the seller in Europe to agree to be paid in Dollar with a U.S. certified bank check. He would then ask the European bank to exchange it to their (better) rate. And that costs lots of money in fees and waiting time until the check clears. A breeder friend of mine in Germany did it once and swore never again (btw, the check bounced as well but it took 4 weeks for him to realize it - nasty nasty people on both sides of the ocean).
So, the only way for a foreigner to purchase a dog should be to pay in Euros. I am surprised it is not more common here in the U.S. . That way people know exactly how much they have to pay for the dog the day they purchase the check. What is so difficult about it? The Chinese do it all the time, lol.

Jenni78

by Jenni78 on 21 January 2011 - 21:01

 I am totally lost. Who the hell would pay the Germans in anything but Euros? How does this have anything to do with the weak dollar or the rest of Jacko's post? Of course you pay them in Euros...so what's the confusion about?

by Jeff Oehlsen on 21 January 2011 - 21:01

 Quote: That way people know exactly how much they have to pay for the dog the day they purchase the check. What is so difficult about it? The Chinese do it all the time, lol.

I had trouble finding a bank that would give me a check in euros. They would sell me euros, but they could not give me a check. I had about half of what little hair I had left at the time pulled out of my head, so I just said thanks and hung up. Good grief it was annoying.






 


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