Should Jon and I buy Bosendorfer 230VC today??
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Sometimes you wonder if he’s stupid enough to believe what he says. I’m inclined to to say yes, if only because tariffs are probably the only policy idea he’s been consistent about for decades.
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Did you hear Kevin O'Leary on Gutfeld! last night? I think he summed Trump's pronouncement up pretty well.
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Look at everything like the beginning negotiations of a real estate deal. The first statement is always going to be something like, " My God, there are rats in this building! It's going to take a fortune to fix this! Surely, you'll come down on your asking price? What will you take for it?"
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Try to separate the signal from the noise. When you decipher the signal, you've got what Trump is actually trying to do.
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It might come as a painful shock to Trump when he discovers the world is not trying to sell the US consumer an overpriced and rat infested piece of real estate. Likewise the importation of goods and services at market value does not amount to what Trump refers to as a subsidy. Does he honestly believe that a US distributor/dealer of Bosendorfer pianos is subsidising Austria?
Contrary to the twisted understanding of Kevin O’Leary, Canada’s leading corporate Trump groupie and obnoxious blowhard, there’s not much of anything behind Trump’s unwarranted noise on this subject other than ignorance and stupidity.
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@jon-nyc said in Should Jon and I buy Bosendorfer 230VC today??:
Sometimes you wonder if he’s stupid enough to believe what he says. I’m inclined to to say yes, if only because tariffs are probably the only policy idea he’s been consistent about for decades.
Great. Send me your delivery address. Would you prefer your own tuner to handle the prep work on site?
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Now, let’s talk practical effects….
So a $200K Bosendorfer just became $220K. (Not really, since the tariffs are on wholesale, and not to give away our deep dark secrets, but wholesale is less than retail bet a significant amount). But… Will $20K make the Bosendorfer customer to go Steinway instead? I doubt it.
Those $150 Nike’s just became $165. A few Toyotas just went from$40K to $44K. I honestly don’t see much of a change in spending habits.
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So we still pay the tax but it doesn’t help the domestic companies?
I do think at the margin it makes a difference and a 10% tariff will translate to more than 10% at the register.
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10% tariff? If the US consumer is lucky.
Trump and “his team” are telling us 25% tariff on everything from here - including those 4.2 million bbls/day (as of 3 January 2025) of oil we ship to those heavy oil refineries on your Gulf of Mexico coast.
and here:
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@jon-nyc said in Should Jon and I buy Bosendorfer 230VC today??:
So we still pay the tax but it doesn’t help the domestic companies?
I do think at the margin it makes a difference and a 10% tariff will translate to more than 10% at the register.
It really depends on the margin of the items. Shorter margin items will likely see a +10% increase, but not by that much. Maybe 12% ppm a Samsung TV, for instance. But on a higher margin type of purchase, my guess is that it’s between 5-7% increase.
I would guess that my (or Rich’s) selling price on a Bosie 230VC including local sales tax will still be less than a 230VC sold in London with a 20% VAT.
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Gloss, but I personally prefer the matte finish. Bosie’s matte is unique.
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Good thing I don't have to make such a decision. I can only afford the decal and that negates all the finish anxiety stuff.
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@Jolly would you prefer the logo in brass or nickel?
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@LuFins-Dad said in Should Jon and I buy Bosendorfer 230VC today??:
@Jolly would you prefer the logo in brass or nickel?
Pearl is not an option?
(@LuFins-Dad take this back to Bosie/Yamaha HQ; may turn out to be a $multimillion idea.)