ex-pats: How long u...
 

  You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more

[Closed] ex-pats: How long until the prices on wiggle/CRC start coming down?

8 Posts
7 Users
0 Reactions
30 Views
Posts: 2808
Full Member
Topic starter
 

I've got my eye on some wheels and a Di2 drivetrain - when will sterlings collapse translate to cheaper bits?


 
Posted : 24/06/2016 11:26 am
Posts: 2314
Full Member
 

In the short term UK exports will rise with the collapse of the pound, until CRC need to restock & prices will shoot up, so don't leave it too long.


 
Posted : 24/06/2016 11:29 am
 MSP
Posts: 15473
Free Member
 

Day or 2, just as long as it takes the banks to adjust exchange rates and be applied to your credit card, be quick they will only last as long as new stock has to be brought into the UK.


 
Posted : 24/06/2016 11:31 am
Posts: 3729
Free Member
 

I've got my eye on some wheels and a Di2 drivetrain - when will sterlings collapse translate to cheaper bits?

Prices, i.e. the actual numbers in either pounds or euros, won't change in the short term as currency variations are a risk that is built into any good pricing structure. The only way you will get a benefit at the moment is if you have euros but are paying in sterling.


 
Posted : 24/06/2016 11:35 am
Posts: 1975
Free Member
 

Hope your not with Commonwealth bank as they have just suspended exchange with Sterling.

@jo_mackson Hi! Due to results from the British exit referendum we're suspending foreign exchange of GBP pound until further notice


 
Posted : 24/06/2016 11:40 am
Posts: 2808
Full Member
Topic starter
 

Prices, i.e. the actual numbers in either pounds or euros, won't change in the short term as currency variations are a risk that is built into any good pricing structure.

the prices go up and down quite regularly.

Hope your not with Commonwealth bank as they have just suspended exchange with Sterling.

bollocks


 
Posted : 24/06/2016 11:49 am
Posts: 1975
Free Member
 

Hope your not with Commonwealth bank as they have just suspended exchange with Sterling.

bollocks

From their Twitter feed. Could be true, most likely not. However, nice bit of scaremongering.


 
Posted : 24/06/2016 12:18 pm
Posts: 17
Free Member
 

I'm guessing the big lot will hold prices until they settle then sort it out. Pound recovery is not likely to be that quick as somebody needs to do something to fix it and inject stability.

In sensible terms make friends with your LBS Rich, had near matching on lots of stuff recently. You melbourne?


 
Posted : 24/06/2016 12:22 pm
Posts: 3190
Free Member
 

their Twitter feed. Could be true, most likely not. However, nice bit of scaremongering.

It's completely true.... It won't let me transfer money back into GBP (great british pesos)


 
Posted : 24/06/2016 1:12 pm

6 DAYS LEFT
We are currently at 95% of our target!