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The new Vibiemme Double Domobar is going to be HOW MUCH???

Postby c1raider on Fri Apr 08, 2011 4:55 am

Maybe my memory is off or maybe it's because I've been out of the market for 8 months. It appears the new DD is going to have a sticker price of $2649 temporarily discounted to $2349.00 at 1st line. Without looking it up I recall the last gen DD was around $1800 for the manual tank model. I was really holding out for the new gen but the price really shot up. Also, skimming through the revisions it doesnt appear that much has been done to improve the machine. The most noticeable being able to plumb or tank.

What do you guys think?
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Postby cannonfodder on Fri Apr 08, 2011 9:21 am

Gas has gone from 2.xx a gallon a year ago to 3.70, my A3 went from 2600 to almost 5K in a year, the cost of green coffee has doubled in the past year, everything is getting more expensive.
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Postby HB on Fri Apr 08, 2011 9:33 am

Increased fuel prices prod the prices of manufactured goods and shipping upward. The decline of the dollar against the Euro also doesn't help U.S. consumers:

Euro Strengthens as Inflation Gains; Fed Official Cites Rates wrote:The euro strengthened against the dollar and the yen after euro-region inflation unexpectedly accelerated in March, bolstering the case for the European Central Bank to raise interest rates next week.

The 17-nation currency pared gains after comments from a Federal Reserve official fueled speculation about the timing of potential U.S. interest rate increases. The dollar weakened as fewer Americans filed jobless benefits applications last week before the March employment report tomorrow. Norway's krone rose to a two- and one-half-year high against the dollar as oil prices advanced and retail sales exceeded forecasts.

...

The euro climbed 0.2 percent against the dollar to $1.4158 as of 5:03 p.m. in New York, after gaining as much as 0.8 percent. It appreciated 0.5 percent to 117.69 yen and reached 117.90 yen.

From Business Week, 03-31-2011

I expect imported espresso equipment prices will move up across the board once the first quarter warehouse stock is depleted.
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Postby dialydose on Fri Apr 08, 2011 10:17 am

HB wrote:I expect imported espresso equipment prices will move up across the board once the first quarter warehouse stock is depleted.


I agree and I think this is the tough spot they (1st Line) are stuck in. The competition is able to sell their existing stock for last years prices. I am sure that the Duettos and Vivaldis will jump in price with the next batch as well.
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Postby stefano65 on Fri Apr 08, 2011 10:23 am

Yes the price tag jumped quite a bit
we made a lot of improvement and changes
therefore $$$$$$$

the Euro exchange doesn't help a bit,
I was just in Portugal, (while the government felt) and USED to be one of the cheapest country in Europe,
well is not
the disturbing thing is how locals are struggling to get to the end of the month, so is Italy not much better
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Postby stefano65 on Fri Apr 08, 2011 10:25 am

c1raider wrote:Also, skimming through the revisions it doesnt appear that much has been done to improve the machine. The most noticeable being able to plumb or tank.


actually a lot more is done read more carefully :wink:
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Postby tekomino on Fri Apr 08, 2011 10:34 am

HB wrote:The decline of the dollar against the Euro also doesn't help U.S. consumers


I think jury is still out on Euro interest rate increase as related to the USD. Economy in Europe is still weaker than in US and stock-market return in US is still better than in EU. Will people buy dollars to invest in US stock market or Euros to take advantage of interest rates is the question that I think has bearing on this relation. And interest rate will have to go up here as well.
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Postby jlhsupport on Fri Apr 08, 2011 12:31 pm

Cost increases of imported goods are not just dependent upon exchange rates (dollar vs euro) but also the value of those currencies relative to commodities. Whether one currency is stronger than the other on the Foreign Exchange Market has become less important than each currency's ability to be traded for goods such as steel, copper, brass, oil, etc. This was the explanation given to us by multiple manufacturers.
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