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#1
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US Dollar sinks to new low against Euro
The US dollar is now valued close to 0.75 Euro, down from its peak of
1.25 a couple of years ago. Analysts say it may go even lower, with some projecting exchange rates of 0.7 (1.4 dollar to the Euro). This has pretty much put the kibosh on my goals of buying a new European sailplane. A model at, say, Euro 85,000 cost around $70,000 a couple of years ago, is now around $110,000 and may soon be at $120,000. Economic models would suggest a strong incentive for sailplane manufacture in North America, but I wonder if the numbers of potential sales would justify this. Any thoughts? |
#2
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Well based here in the UK, it looks like your going to get the sort of deal
we are used to over here. Your prices are normally the same in dollars as they are to us in GBP, which means at least a 50% increase. I see this in my Amateur radio equipment as well. May be the end of cheapness is on its way to you, welcome to the club!! Malcolm... "Mike Stringfellow" wrote in message om... The US dollar is now valued close to 0.75 Euro, down from its peak of 1.25 a couple of years ago. Analysts say it may go even lower, with some projecting exchange rates of 0.7 (1.4 dollar to the Euro). This has pretty much put the kibosh on my goals of buying a new European sailplane. A model at, say, Euro 85,000 cost around $70,000 a couple of years ago, is now around $110,000 and may soon be at $120,000. Economic models would suggest a strong incentive for sailplane manufacture in North America, but I wonder if the numbers of potential sales would justify this. Any thoughts? |
#3
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Mike,
Classic economic theory suggests that you are absolutely correct: the very weak dollar would also lead to additional exports of US-manufactured sailplanes. But by the time a manufacturer would have developed the plane, gone through all the hoops for certification, etc...to satisfy a fairly small domestic demand, who knows if the greenback will not have bounced back, and rendered the initial plan moot and incorrect? Besides, given the flak which comes up everytime the PW-5 is mentioned, who would risk come up with a "modern" sailplane design and satisfy all the inevitable criticism. Few companies would be willing to invest that much $$$ for a questionable return. Cheers, Charles |
#4
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"Vorsanger1" wrote in message ... Mike, Classic economic theory suggests that you are absolutely correct: the very weak dollar would also lead to additional exports of US-manufactured sailplanes. But by the time a manufacturer would have developed the plane, gone through all the hoops for certification, etc...to satisfy a fairly small domestic demand, who knows if the greenback will not have bounced back, and rendered the initial plan moot and incorrect? Besides, given the flak which comes up everytime the PW-5 is mentioned, who would risk come up with a "modern" sailplane design and satisfy all the inevitable criticism. Few companies would be willing to invest that much $$$ for a questionable return. Cheers, Charles Ah shucks, I was figuring DG would outsource LS-4 production to US. Frank |
#5
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On Fri, 5 Nov 2004 20:10:42 -0700, "F.L. Whiteley"
wrote: Ah shucks, I was figuring DG would outsource LS-4 production to US. Talking about the LS-4b: It's back in production (by Walter Eisele, a well-known german glider pilot), now called LS-4/2005. Price is 39.400 Euro, complete with retractable gear and water bags. Winglets are optional. Lots of bang for the buck if you ask me. Bye Andreas |
#6
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Good news -- but you could buy a PW-6U two-seater for 41,200 Euro and
have the pleasure of flying friends, eh? Talking about the LS-4b: It's back in production (by Walter Eisele, a well-known german glider pilot), now called LS-4/2005. Price is 39.400 Euro, complete with retractable gear and water bags. Winglets are optional. Lots of bang for the buck if you ask me. Bye Andreas |
#7
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or if you add winglets to the LS4 you would be only a few euro short of
buying a new LS8a. "Charles Yeates" wrote in message ... Good news -- but you could buy a PW-6U two-seater for 41,200 Euro and have the pleasure of flying friends, eh? Talking about the LS-4b: It's back in production (by Walter Eisele, a well-known german glider pilot), now called LS-4/2005. Price is 39.400 Euro, complete with retractable gear and water bags. Winglets are optional. Lots of bang for the buck if you ask me. Bye Andreas |
#8
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Uzytkownik "Andreas Maurer" napisal w wiadomosci
... On Fri, 5 Nov 2004 20:10:42 -0700, "F.L. Whiteley" wrote: Ah shucks, I was figuring DG would outsource LS-4 production to US. Talking about the LS-4b: It's back in production (by Walter Eisele, a well-known german glider pilot), now called LS-4/2005. Price is 39.400 Euro, complete with retractable gear and water bags. Winglets are optional. Well, if we talk about money... SZD-55, also back in production, but much more modern design than LS-4 (some ten years younger) Price: 34.990 Euro, so the buyer still has 4.500Euro in his pocket, and a more modern glider in the hangar. I would just count if the 'LS' on the side of the cockpit is worth 4.500Euro. The '55' price list: http://www.szd.com.pl/downloads/01-551.html Lots of bang for a buck, isn't it? Regards, -- Janusz Kesik Poland ------------------------------------- See Wroclaw (Breslau) in photography, The XIX Century, the Festung Breslau, and photos taken today. http://www.wroclaw.dolny.slask.pl |
#9
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Janusz Kesik wrote:
SZD-55, also back in production, but much more modern design than LS-4 (some ten years younger) Meaning what exactly in terms of L/D, ease of use, build quality etc. Seriously, i have never seen a SZD-55 i have no a priori. Lots of bang for a buck, isn't it? Depends on the answer to the above question. I know for sure the LS4 is an excellent glider. I know nothing about the polish one. -- Michel TALON |
#10
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Andreas Maurer wrote:
On Fri, 5 Nov 2004 20:10:42 -0700, "F.L. Whiteley" wrote: Ah shucks, I was figuring DG would outsource LS-4 production to US. Talking about the LS-4b: It's back in production (by Walter Eisele, a well-known german glider pilot), now called LS-4/2005. Price is 39.400 Euro, complete with retractable gear and water bags. Winglets are optional. Lots of bang for the buck if you ask me. Wow! This is the thing i hoped. Indeed i can only agree with you, this is the best bang for the bug one can find at present. Bye Andreas -- Michel TALON |
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