How tempting is the weak dollar???

How tempting is the weak dollar???

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Discussion

malc350

Original Poster:

1,035 posts

253 months

Sunday 11th January 2004
quotequote all
Check this sort of thing out:

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=6168&item=2453446801

$27,888 converted to £15,086 using MSN's currency covertor

here's another "bargain":

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=6168&item=2452899454

$44,000 equates to £23,803 for a 2004 Corvette

Adding the usual shipping & other costs plus 17.5% V A T(heft) must still make these cars a good deal???

Who wants to buy my Callaway, I'm off to the USA!!

ZR1427

17,999 posts

256 months

Sunday 11th January 2004
quotequote all
Hold on a bit longer Malc i think you might see it go to $2-£.

malc350

Original Poster:

1,035 posts

253 months

Sunday 11th January 2004
quotequote all
Hi Cliff, I'm wondering if this is a REAL golden opportunity (?) I'm starting to get ants in my pants (though I have been meeting some suspect women lately...)

xxplod

2,269 posts

251 months

Sunday 11th January 2004
quotequote all
I agree that we are likely to approach $2 for a £. Especially with these new Visa requirements. For years there have been good value deals to the US. If we've all got to fork out £67 for this Visa and travel to London to get it, Joe Public will book his summer hol somewhere else.

ZR1427

17,999 posts

256 months

Sunday 11th January 2004
quotequote all
I never thought about the Visa situation is that in effect from now,this terrorism situation is having a real bad effect on the U.S.

Malc,sounds like you could be the 1st contender for a C6, i was talking to a TV Financial advisor about the $ in my cab and he seems pretty sure it will go to the 2-£,,i feel a shopping list coming on.

Gixer

4,463 posts

255 months

Sunday 11th January 2004
quotequote all
We are booking all our hotels direct this year now, to cash in on the exchange rate.

L81

314 posts

254 months

Tuesday 13th January 2004
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How tempting? VERY!!! It's so tempting that I'm talking to AFR at the moment. I can't afford to do it, but there's only so long that I can look down a gift horse's throat!

blackzr

280 posts

253 months

Tuesday 13th January 2004
quotequote all
[quote]We are booking all our hotels direct this year now, to cash in on the exchange rate.[/quote]

Are you planning on going to Bowling Green this year? I am booking to go the weekend before, comming home on the Sunday after.

Gixer

4,463 posts

255 months

Tuesday 13th January 2004
quotequote all
yes Geoff, the U/Plazza is booked and the flights booked(Atlanta). We are now looking at what to do and where to stay for the other nights. We decided to go for a couple of weeks again (as the US is so cheap once you are there) and are looking at spending a bit of time in and around Atlanta, BG, S/mountains and six flags.....AND any other places near by if anybody has any recs.

Go on Cliff ..... have a holiday

malc350

Original Poster:

1,035 posts

253 months

Tuesday 13th January 2004
quotequote all
ZR1427 said:


Malc,sounds like you could be the 1st contender for a C6


I'll just pop down the Nissan dealer and get one then. Sorry couldn't resist it after seeing one on TV at the Detroit show. I'm sure we'll all like it when we see it.

I think there'll be a lot of people going bananas if the dollar does drop far enough.

anonymous-user

61 months

Tuesday 13th January 2004
quotequote all
Gixer said:
We are booking all our hotels direct this year now, to cash in on the exchange rate.


That's certainly what we're doing for trip to Bowling Green in the summer. Should see some C6's there although we'll no doubt see some at Le Mans too.

stiej

28 posts

250 months

Tuesday 13th January 2004
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I'm a little confused about "Le Mans", is there an American version and the European version?

ATG

21,377 posts

279 months

Tuesday 13th January 2004
quotequote all
tis a strange thing indeed. The fall of the dollar has been much anticipated due to huge trade imbalance sucking imports into USA for years. This was balanced by overseas investment pouring into US bonds and stocks, but this was seen as unsustainable in the long term. Fear always was that it the fat lady sang and the dollar cracked, all the foreign investors would try to dump their portfolios before they got wiped out by the foreign exchange loss thus causing the US stock market to go to hell, interest rates to go through the roof as the bond market collapsed, and all of this of course helping drive the dollar down all the faster leading to a viscious circle of evil proportions and the end of the world as we know it, etc, etc

Of course this presupposed that there was somewhere else for overseas investors to try to move their readies. And there isn't. Who'd buy Japan? Who'd buy Europe? So the US gets to see its currency devalue nicely without a panic. Laugh? They must be pissing themselves.

L81

314 posts

254 months

Wednesday 14th January 2004
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And good luck to them, I say.

vetteheadracer

8,271 posts

260 months

Wednesday 14th January 2004
quotequote all
Don Panoz introduced the ALMS (American Le Mans Series) races a few years ago and one of the rounds is called Petit Le Mans. In Europe this year there will also a series of endurance races called LMES (Le Mans Endurance Series).

There is only one Le Mans 24 hour race! The others are licensed by the ACO to use the "Le Mans" name as a brand for endurance sports car racing.