Hi
As another citizen of the UK considering the purchase of a mini-lathe I was
interested in the price comparison. Now Chester UK advertise the machine at
340 GBP ex-VAT so the US equivalent, before local sales tax, is around 540
USD. By the way this does include delivery with the UK.
There are any number of reasons for the UK/US price differentials, including:
Bulk buying - the US market is 4 to 5 times bigger.
Property is relatively cheaper in the US so company overheads are lower.
Similarly for some labour costs, usually the ones the employer pays.
But remember, at the end of the day the price a company sells at is the price
it believes it can extract from the customer. Also, there needs to be plenty
of competing products. To the best of my knowledge, in the UK the source of
cheap lathes is limited. In the US there may be others.
Right, now the economic lesson is over the actual lathes actually seem
reasonable. So a question, does anyone use one as a production machine as
part of making their living?