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Author Topic: Price increase in Canada  (Read 3785 times)

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Offline david.lock

  • Posts: 18
Price increase in Canada
« on: November 29, 2015, 06:46 PM »
I heard a rumor that there was another price increase coming, the date I was told was January 1, 2016
Can anyone confirm this from festool? Or confirm when there is one coming if it's not January 1, even if it's a rough date

Thanks

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Offline copcarcollector

  • Posts: 1452
Re: Price increase in Canada
« Reply #1 on: November 29, 2015, 07:09 PM »
Typically, the price increase in the USA and Canada has been April 1st. A cruel April Fool's Joke!

Perhaps they are changing it this year, typically Festool has given at least 30 days notice.

Offline Tim Raleigh

  • Posts: 3560
    • Oakville Cabinetry
Re: Price increase in Canada
« Reply #2 on: November 29, 2015, 07:23 PM »
I heard a rumor that there was another price increase coming, the date I was told was January 1, 2016

I haven't heard but makes sense given the lack of spine in our dollar...
Tim

Offline Sparky

  • Posts: 158
Re: Price increase in Canada
« Reply #3 on: November 29, 2015, 08:24 PM »
My dealer called and asked if I needed to order anything as in January prices going up.
Ct 36, Ets 150/3, OF1400, Lr32 Set, domino 700 set, hl850, ts 75,Dts 400, kapex

Offline Owego

  • Posts: 114
Re: Price increase in Canada
« Reply #4 on: November 29, 2015, 11:11 PM »
I heard a rumor that there was another price increase coming, the date I was told was January 1, 2016

I haven't heard but makes sense given the lack of spine in our dollar...
Tim

I think the Canadian Dollar hasn't changed much against the Euro in the last 12 months, it's still  CD 1.42:1 Euro.  You can look it up.  The US dollar on the other hand has increased in value against the Euro by about 20%   A price increase by Festool, based on exchange rates does not seem to be justified. 

Offline Tim Raleigh

  • Posts: 3560
    • Oakville Cabinetry
Re: Price increase in Canada
« Reply #5 on: November 29, 2015, 11:55 PM »
I heard a rumor that there was another price increase coming, the date I was told was January 1, 2016

I haven't heard but makes sense given the lack of spine in our dollar...
Tim

I think the Canadian Dollar hasn't changed much against the Euro in the last 12 months, it's still  CD 1.42:1 Euro.  You can look it up.  The US dollar on the other hand has increased in value against the Euro by about 20%   A price increase by Festool, based on exchange rates does not seem to be justified.

Agreed, but as I understand it (based on the last time this came up) import, supply and pricing for Canada is directed by Festool US not Germany.
I could be wrong, but that won't change anything, ...fortunately.
Tim

Offline david.lock

  • Posts: 18
Re: Price increase in Canada
« Reply #6 on: December 04, 2015, 12:33 PM »
Has anyone had with direct contact to festool confirm this?

Offline Knottys

  • Posts: 43
Re: Price increase in Canada
« Reply #7 on: December 11, 2015, 10:53 AM »
Well, according to Lee Valley website there will be a price increase Jan, 2016.  Do the dealers have a chart showing the before and after costs like previous years?

Thanks
K.

Offline david.lock

  • Posts: 18
Re: Price increase in Canada
« Reply #8 on: December 11, 2015, 04:58 PM »

Well, according to Lee Valley website there will be a price increase Jan, 2016.  Do the dealers have a chart showing the before and after costs like previous years?

Thanks
K.


Wow that's new I was in their site last night and it wasn't on there

I wonder at what point festool will price themselves out of the market!!

Re: Price increase in Canada
« Reply #9 on: December 11, 2015, 05:10 PM »
I heard a rumor that there was another price increase coming, the date I was told was January 1, 2016

I haven't heard but makes sense given the lack of spine in our dollar...
Tim

I think the Canadian Dollar hasn't changed much against the Euro in the last 12 months, it's still  CD 1.42:1 Euro.  You can look it up.  The US dollar on the other hand has increased in value against the Euro by about 20%   A price increase by Festool, based on exchange rates does not seem to be justified.

Agreed, but as I understand it (based on the last time this came up) import, supply and pricing for Canada is directed by Festool US not Germany.
I could be wrong, but that won't change anything, ...fortunately.
Tim

You are probably right that North American pricing is primarily driven by Festool USA - that however doesn't mean that Canadian prices should go up - it means that US prices should be going down and CDN prices should be staying flat.  Someone asked when Festool will price themselves out of the market?  Clearly Festool spends a great deal of effort trying to figure out just how much they can take us for along the way. We saw the effect feedback and voicing opinions of pricing of a belt hook had - It's time Festool got the same feedback.  Canadians should be upset for obvious reasons and our American friends should be demanding a price reduction.