Can we look forward to cheaper guitars from US companies soon?
Nice Gretsch 6120AM Amber Maple - brand new
We in the UK are getting out of Europe and the EU project at last. One thing that has been a contentious issue for many of us has been the price of guitars from America, outside the EU. Perhaps now that the EU is going to be history, we will then get Dollar for Pound parity.
Guitars as one commodity coming into the UK or Europe zone, have long been subject to high import duty and costs. In the UK, when the exchange rate was 1.5 or better, we would be paying the equivalent Dollar price tag, but in Sterling, so we were losing out big time, because we in the UK, weren't in the North American trading agreement.
Before Brexit, new USA or Japan made for the USA market guitars were on the market at something more than the previous models were. With Brexit and the fall in Sterling, the guitars are about half as expensive in real terms again, before adding the price increase for the new models.
This has been a problem for many years in things we buy from the US market, the good news is that this may change in a short while. It is also likely that the EU will cease to exist if the elections of major players such as France and Holland vote to reject the EU and go out on their own like the UK. Even if they don't I do not forsee the EU surviving for much longer after that.
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