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> Some replacement parts to increase in price
mepstein
post Mar 14 2018, 05:07 PM
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Got an email from restoration design -

To all our valued customers,

President Trump has signed an executive order imposing a duty of 25% on all parts produced outside of North America. This will include all parts produced in Europe, China and Taiwan. This order does not affect Canadian parts at this time.

If you anticipate needing parts, call us or look at our website to determine which parts this executive order will affect. To avoid the 25% duty rate, parts will need to cross into the USA prior to March 23rd, 2018, when the executive order will take effect.
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gothspeed
post Mar 15 2018, 10:11 AM
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QUOTE(BENBRO02 @ Mar 14 2018, 05:48 PM) *

(IMG:style_emoticons/default/agree.gif) with almost all of Tom T's post.

(IMG:style_emoticons/default/agree.gif) 100%

As was mentioned the cost of raw material is only a portion of the total cost of the finished product. A 25% tariff on raw stock if passed through 100% would increase the final price less than 25%.

Reminds me of some idiots on radio that because steel and aluminum from some countries was going to be tariffed at 25%. That meant the final cost of cars was going up directly by 25%. Pure BS and 'chicken little' political propaganda.

That said, if anyone wants to raise their prices they can do so. But using this tariff as an excuse for a direct 25% increase is less than honest. Just raise the price, no need for a fake excuse.
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914_teener
post Mar 15 2018, 11:27 AM
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QUOTE(gothspeed @ Mar 15 2018, 09:11 AM) *

QUOTE(BENBRO02 @ Mar 14 2018, 05:48 PM) *

(IMG:style_emoticons/default/agree.gif) with almost all of Tom T's post.

(IMG:style_emoticons/default/agree.gif) 100%

As was mentioned the cost of raw material is only a portion of the total cost of the finished product. A 25% tariff on raw stock if passed through 100% would increase the final price less than 25%.

Reminds me of some idiots on radio that because steel and aluminum from some countries was going to be tariffed at 25%. That meant the final cost of cars was going up directly by 25%. Pure BS and 'chicken little' political propaganda.

That said, if anyone wants to raise their prices they can do so. But using this tariff as an excuse for a direct 25% increase is less than honest. Just raise the price, no need for a fake excuse.



Must have been the same idiots that think there is a trade deficit with Canada.
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Posts in this topic
mepstein   Some replacement parts to increase in price   Mar 14 2018, 05:07 PM
Tom_T   Mark - That makes absolutely no sense for severa...   Mar 14 2018, 06:20 PM
peteyd   I think that RD's attempt at sneaking in a h...   Mar 15 2018, 09:03 AM
JOEPROPER   :agree: Well said.   Mar 14 2018, 06:36 PM
rhodyguy   Politics aside, why should they take a cut in pay?...   Mar 14 2018, 06:37 PM
BENBRO02   I want to comment but I can't do it without ge...   Mar 14 2018, 06:47 PM
BENBRO02   :agree: with almost all of Tom T's post.   Mar 14 2018, 06:48 PM
Mikey914   We move a lot of aluminum. Most of it is from the ...   Mar 14 2018, 07:08 PM
mepstein   I’m just passing along an email that was sent to...   Mar 14 2018, 07:12 PM
Mikey914   Thanks for the heads up. It really looks like thi...   Mar 14 2018, 07:13 PM
The Cabinetmaker   I got the same email today, and thought the same t...   Mar 14 2018, 07:21 PM
ablesnead   it appears to me , if the above information in Tom...   Mar 14 2018, 07:53 PM
914_teener   it appears to me , if the above information in To...   Mar 14 2018, 08:53 PM
rick 918-S   it appears to me , if the above information in T...   Mar 15 2018, 06:38 AM
914_teener   it appears to me , if the above information in To...   Mar 14 2018, 09:17 PM
MarkV   Pretty poorly worded email to send out to your ven...   Mar 14 2018, 09:04 PM
r_towle   This is why we all need to move to Carbon Fiber pa...   Mar 14 2018, 09:23 PM
Krieger   Fear is a sales tactic.   Mar 14 2018, 10:49 PM
porschetub   Got an email from restoration design - To all o...   Mar 14 2018, 11:00 PM
injunmort   i call bullshit on the reason for price increases....   Mar 15 2018, 05:41 AM
rmdinmd   What I read was they said it doesn't affect pa...   Mar 15 2018, 06:45 AM
Edward Blume   As a student of economics (I don't do it for a...   Mar 15 2018, 07:00 AM
mbseto   Well I was ready to be outraged, but I didn't ...   Mar 15 2018, 07:27 AM
cary   I just rolled thru the catalog. We're pretty l...   Mar 15 2018, 07:58 AM
Mueller   Reading between the lines, they purchase material ...   Mar 15 2018, 07:59 AM
Edward Blume   Reading between the lines, they purchase material...   Mar 15 2018, 08:06 AM
Edward Blume   Reading between the lines, they purchase materia...   Mar 15 2018, 08:07 AM
Mueller   Reading between the lines, they purchase materia...   Mar 15 2018, 10:01 AM
bdstone914   Some of the RD parts carried by them are Dansk. Y...   Mar 15 2018, 08:48 AM
dr914@autoatlanta.com   Restoration Design parts and prices are top qualit...   Mar 15 2018, 08:48 AM
Andyrew   All of the manufacturers in our industry are calli...   Mar 15 2018, 09:01 AM
malcolm2   https://us5.campaign-archive.com/?u=410d561...mp;e...   Mar 15 2018, 09:03 AM
gothspeed   :agree: with almost all of Tom T's post. :a...   Mar 15 2018, 10:11 AM
914_teener   :agree: with almost all of Tom T's post. :...   Mar 15 2018, 11:27 AM
Mblizzard   Sometimes I have trouble with the big words and ha...   Mar 15 2018, 10:39 AM
rhodyguy   Structural steel has nothing to do concerning stam...   Mar 15 2018, 10:56 AM
MarkV   Sometimes I have trouble with the big words and h...   Mar 15 2018, 11:01 AM
peteyd   I don't have time to sit here and debate with ...   Mar 15 2018, 12:18 PM
mepstein   If I have to pay an extra $15 for a battery t...   Mar 15 2018, 12:41 PM
gothspeed   [quote name='Mblizzard' post='2589242' date='Mar ...   Mar 15 2018, 01:53 PM
ablesnead   my point in my reply , that was questioned by a fe...   Mar 15 2018, 03:45 PM
Larmo63   It seems like the real issue here is China dumping...   Mar 15 2018, 04:33 PM
gothspeed   It seems like the real issue here is China dumpin...   Mar 15 2018, 04:40 PM
914_teener   It seems like the real issue here is China dumpin...   Mar 15 2018, 08:09 PM
Vacca Rabite   You guys may not realize it but RD also sells BMW ...   Mar 16 2018, 09:31 AM


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