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Time to place that overseas order???

angelfj1

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The value of sterling continues to fall. I'm wondering if its time to begin ordering parts directly from old blimy?
 

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Or wait and see if it keeps falling? I'd think that's what I'd do...

Importing stuff from the USA isn't so attractive now as it once was. And there have been suggestions that the falling pound will reduce the numbers of British tourists going abroad.
 
I just spent about 1,100 GBP for the last (I certainly hope) parts needed to complete the restoration of the #849 car. I waited for about a month to pull the trigger, may not be as low as it goes but may start back up, too. I think anything under $1.60 is a lot better than it has been.

Time will tell.
 
With the current exchange rate Rimmer's prices are downright cheap.

I needed the heater pipe that extends from the back of the water pump housing to the heater hoses and at Moss it was $47 for carbon steel and $66 for stainless. TRF was $35 for carbon steel with no stainless offered.

I ordered it from Rimmer in stainless for $22 with no up charge from carbon steel.

That's 1/3 the price from Moss

Ya gotta love it
 
I was over there in 2005 and the rate was higher that it is now. From that perspective it's not that great right now, relatively speaking.

I'd wait just a wee little bit longer before ordering stuff tied to the european currencies, if it was me doing the buying.

Predicting currency values is more art than science, and it's particularly crazy now with the recessionary economy. However, some think the dollar may continue to strengthen against the pound and Euro, at least until our interest rates rise again.

I'd wait until Obama's economic stimulus package stuff is introduced. If it fails, the dollar may fall like a rock and it's value may tank against the pound/Euro, etc.

Maybe wait another month or so before ordering to get a better exchange rate???? Also depends on how much you're spending. If it's a lot, I'd wait. If it's a few hundred, not much to gain, really.

Anyone else have a crystal ball??
 
I've ordered a bunch of stuff from UK vendors, in the past few months, everything from sill replacement kits to a new fuel pump.

The exchange rate hasn't changed much since late October. I'd take advantage of the prices now.

Pound vs. Dollar, for the past 120 days

Remember, if you wait, you're betting on the prospects of a currency backed by failed mortgages.
 
Remember, if you wait, you're betting on the prospects of a currency backed by failed mortgages. [/quote]

Good point. :yesnod:
 
vagt6 said:
Remember, if you wait, you're betting on the prospects of a currency backed by failed mortgages.

Good point. :yesnod: [/quote]

Ah, but the UK are having the very same issues! I think that the exchange rates will stabilise at roughly what they are at now, and stay linked for some time to come......
 
I don't think it's quite so bad here, except for the British banks that invested heavily in these instruments. The Icelandic banks seemed to attract a lot of British business too, and those are in truly dire straits.

Look to the forward exchange rates to see what's expected to happen....
 
It has reduced some prices here too (if the vendor is fair) on those imported items. I just picked up a R&P kit for my 56 TR3 (long solid tube) from Germany (complete, has everything) for $1200 when it had been recently advertised for $1640 on webs that we frequent.
 
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