Re:Many Americans who live paycheck to paycheck blame debt
by MandieD on Saturday July 20, 2019 @05:30PM
(#20488504)
All the cars are cheaper in the US than in Germany; either somewhat when the EUR/USD rate is low, or enough that (re)importing from the US becomes attractive.
Example: base 2019 Prius
MSRP Germany: 28,450 EUR ($31,920) - includes 19% VAT
MSRP US: $23,770 - does not include local sales tax
That’s even more of a difference than I was expecting, as the exchange rate is currently on the low side ($1.12, compared to the long term $1.20-1.25 or eye-watering $1.50 it touched about 10 years ago)
Example: base 2019 Prius MSRP Germany: 28,450 EUR ($31,920) - includes 19% VAT MSRP US: $23,770 - does not include local sales tax
That’s even more of a difference than I was expecting, as the exchange rate is currently on the low side ($1.12, compared to the long term $1.20-1.25 or eye-watering $1.50 it touched about 10 years ago)