Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

an american question for those from U.K.

Search
Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

an american question for those from U.K.

Thread Tools
 
Search this Thread
 
Old 05-30-02 | 07:49 PM
  #1  
RiPHRaPH's Avatar
Thread Starter
Don't Believe the Hype
20 Anniversary
 
Joined: Feb 2002
Posts: 2,668
Likes: 0
From: chicagoland area

Bikes: 1999 Steelman SR525, 2002 Lightspeed Ultimate, 1988 Trek 830, 2008 Scott Addict

an american question for those from U.K.

i have been picking up cycling mag's from Barnes & Noble Bookstore here in USA>
i see many ad's for cycling stuff//// just wondering....how many $$$ = a british pound (or whatever the unit of dollar is in U/K)
RiPHRaPH is offline  
Reply
Old 05-30-02 | 07:56 PM
  #2  
Roughstuff's Avatar
Punk Rock Lives
20 Anniversary
 
Joined: Feb 2002
Posts: 3,424
Likes: 96
From: Throughout the west in a van, on my bike, and in the forest

Bikes: Long Haul Trucker with BRIFTERS!

Originally posted by RiPHRaPH
i have been picking up cycling mag's from Barnes & Noble Bookstore here in USA>
i see many ad's for cycling stuff//// just wondering....how many $$$ = a british pound (or whatever the unit of dollar is in U/K)
According to the currency converter on YAHOO, the current exchange rate is

$1= .682755 British pounds; or inversely,

1 Brit pound= 1.46465 US Dollars.

The latter way is the way the exchange rate is usually stated. The exact rate you get depends on the bank, the size of the transaction, and whethere you use cash or an ATM card, etc.

roughstuff
Roughstuff is offline  
Reply
Old 05-31-02 | 02:32 AM
  #3  
Ellie's Avatar
Dazed and confused
20 Anniversary
 
Joined: Aug 2001
Posts: 319
Likes: 0
From: Cambridge UK

Bikes: Trek 1000, Kona Caldera, Raleigh Record ("Rusty"), Tiger Foldaway ("Cub")

A good first guestimate is usually approx. $1.5 to £1. It kind of works, and is much easier to convert in your head!

Obviously if you want to know more precisely use a currency calc.

The thing that really scuppers me in the States is sales tax. Because the 17.5% in the UK is added on before buying, I'm not used to having to add the 6% (or whatever) in the States!

Ellie
Ellie is offline  
Reply
Old 05-31-02 | 03:15 AM
  #4  
Richard D's Avatar
Donating member
20 Anniversary
 
Joined: Sep 2001
Posts: 1,852
Likes: 0
From: Faversham, Kent, UK
Unfortunately with a lot of bike bits retailers price pretty much in pounds what you pay in dollars i.e. £1 = $1....

Richard
__________________
Currently riding an MTB with a split personality - commuting, touring, riding for the sake of riding, on or off road :)
Richard D is offline  
Reply
Old 05-31-02 | 03:35 AM
  #5  
orguasch's Avatar
riding a Pinarello Prince
20 Anniversary
 
Joined: Jul 2000
Posts: 2,409
Likes: 0
From: Downtown Toronto,Canada

Bikes: Pinarello, Prince and an FP5

that is agood conversion One Pound to One US dollar, but out here, if you buy bike merchandize they multiple it by almost 100% plus the 15% the government take from you, we are the most tax people in North America
__________________
"Racso", the well oiled machine;)
orguasch is offline  
Reply
Old 05-31-02 | 06:35 AM
  #6  
Inkwolf's Avatar
Grounded
20 Anniversary
 
Joined: Apr 2002
Posts: 901
Likes: 0
From: Wisconsin, Land of the Cheeseheads
Originally posted by Ellie
The thing that really scuppers me in the States is sales tax. Because the 17.5% in the UK is added on before buying, I'm not used to having to add the 6% (or whatever) in the States!

Ellie
Heh, heh....you might be interested in knowing that historically, that's because of you guys. (Or so I've heard, anyway....)

In the days of the colonies, the British put tax on several items (and, I think, imposed a sales tax.) When the colonies began their rebellions, people refused to pay the taxes any more. Shopkeepers who wanted to stay on the colonists' good side, while not having to stand up to the British, would add the tax into the price, so that people would pay British taxes without realizing they were doing so.

These days, it's illegal to disguise a tax by adding it automatically to an item's price or making it appear as if there are no taxes being payed on a taxed item. (Unless you're the US government and want to tax cigarettes or something.)
Inkwolf is offline  
Reply
Old 05-31-02 | 07:22 AM
  #7  
lotek's Avatar
Senior Member
Titanium Club Membership
20 Anniversary
 
Joined: Dec 2001
Posts: 17,687
Likes: 12
From: n.w. superdrome

Bikes: 1 trek, serotta, rih, de Reus, Pogliaghi and finally a Zieleman! and got a DeRosa

I'm not used to having to add the 6% (or whatever) in the States
I've heard that so many times by people who have travelled to
the states. I can't count the number of South Africans who
whinged about this one.
Just wondering is there a way to recover tax when Leaving
the states? I used to claim VAT when I returned from
Europe and RSA.
Marty
__________________
Sono pił lento di quel che sembra.
Odio la gente, tutti.


Want to upgrade your membership? Click Here.
lotek is offline  
Reply

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.