Bike Forums - View Single Post - LBS profit on bikes

08-11-06 | 05:25 AM

#16

kergin

Senior Member

Joined: Aug 2005

Posts: 2,032

Likes: 1

From: Kitchener, ON

Bikes: 1994 Proctor Townsend Reynolds 753, TT S3 True North, Kona Major Jake, Kona Honky Tonk, Marinoni Puima, Cannondale BBU

Quote:

Originally Posted by Ziemas

^^
But in Australia VAT is included in the MSRP, in the States it is added on the the MSRP. Also VAT is a lot higher in Australia (18% or so if I recall correctly, it's been a long time) than in the States (between 5% and 9% on average, none if you buy on the internet.)

Oh my christ! 18% is disgusting... I thought Ontario was bad, we get hit with 14%... Trips to the states, FTW(The border guard never suspects a Madone in the trunk)!

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