Quote:
Originally Posted by azzurro
People insist on using this euro to dollar conversion when people in Europe are not converting dollars into euros. In essense it costs $66,000, still more than here.
If europeans were smart and patient (and assuming they could register US cars in europe) the better idea would be to actually convert euros at a 30% premium into dollars and then buy a BMW here and take it back to europe. US cars are much safer and have much higher safety standards than european cars, generally speaking.
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WTF are you going on about? I'm referring to your second reply later as well. If the car in Germany costs 50,000 monetary units and each monetary unit is worth 1.3 dollars, than that car costs $65,000. Chiaro?
Germany doesn't use dollars.
Whatever Germany uses as money, their 1 isn't equal to $1.
UK doesn't use same monetary unit as Germany and their unit isn't equal to 1$ nor is it equal to 1 German monetary unit.
So, yes, if you want to know how many dollars a car costs somewhere in Europe, you have to multiply A (number of monetary units they use) with B (number of current exchange rate with USD). AxB = price in USD.
As far as importing cars, when Euro was 1.6 dollars, it made the news here but only for cars worth a lot of money (7 series, Porsches, S Klass and so on). Thing was completely legal. Right now it is not worth it with Euro being only 1.3 dollars.