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      07-04-2019, 10:03 AM   #8
gmag
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Drives: bmw
Join Date: Jan 2012
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Quote:
Originally Posted by 760Lifan View Post
Quote:
Originally Posted by ronmramsayii View Post
There's definitely more taxes. One of them adds 20% to the price automatically. Not sure what the others are but I'm sure there's more.
Yeah, sales-tax in Germany is 19% right now.

So the one I put together based on the MY20 PG here in the US costs $126,325 plus sales-tax.

The same configuration in Germany is EUR 125,000 plus tax. At the current conversion-rate, we are already looking at $141K for the same configuration.

Now, of course, the running costs (insurance, gas, registration) are also much higher in Germany.
Also don't forget that the X7 is manufactured right here in the U.S That means there're no U.S import taxes (2.5%) whereas in the E.U the X7 is right away subject to a 10% import tax. Also more costs are incurred in transportation & distribution of the vehicle to the E.U since the vehicle is built in the U.S
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