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  #1  
Old 03-08-2004, 09:59 PM
123c
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Question Is it me, or are the costs of parts on the rise?

Is this so, or do I need to stop smoking crack? Over the past year, a few of the climate control parts that I need to repair the 300CD have gone up a lot, and many of the suspension parts I may need in the future have also gone up


Last edited by 123c; 03-08-2004 at 10:06 PM.
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  #2  
Old 03-08-2004, 10:03 PM
GermanStar's Avatar
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Parts prices have been on the rise for quite a while now, primarily due to the devaluation of the $$$. On the other hand, if you quit smoking crack, you'd have more money to spend on parts.:p
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Old 03-08-2004, 10:03 PM
LarryBible
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Of course their on the rise. The Euro has gained quite a bit against the dollar in the last year or so.

Have a great day,
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Old 03-08-2004, 10:15 PM
123c
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I guess I should have bought the parts a few years ago I guess, before the Euro went up and the dollar went down...
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  #5  
Old 03-09-2004, 11:59 AM
lrg lrg is offline
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About 3-4 years ago $.85 bought 1 euro. Now it takes $1.25 to buy 1 euro, an increase of about 45%. We haven't seen price increases that large because many of the parts suppliers have been working off old inventory without a full price increase and/or absorbing some of the difference. Most big European companies who do much of their business in the U.S. have hedged the currency so they can keep their prices from going up the full 45% and still maintain profits. The problem is that those hedges only last for a while and, thanks to various policies in Washington and our balance of trade, we can probably expect the dollar to fade even further. The point is, if you think you are going to need new parts, buy them now. The risk of prices for euro based goods going higher is far greater than the potential that they get "cheap" again.

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