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PS5 Pre order, price and Release maybe Tomorrow. XBox is 499$


DividedByMankind

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4 hours ago, DividedByMankind said:

I have never experienced something like that. So you do have to post a source for that instead of just putting your words about something that is completly BS. 

 

PS4 was showcased for 349$. And guess what it was 349$ in best buy. Just stop commenting if you dont have anything better to say than spread lies. 299$ is the final price. When a price is showcased, that price is final.

 UK and I believe most of Europe has VAT - this tax is added in to the price and so what you see on the sticker is what you pay.

 

In North America, all sales taxes are added on at the cash resister. The amount varies from country to country and even between individual states. Here in Canada we have both a provincial and federal sales tax. In Ontario it is 13%, so the likely $599  MSRP price will then have 13% added at check out.

 

So yes, the poster was correct, it is not BS. The EU price includes taxes, the NA price does not (although some states in the US have very little to no sales tax)

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4 hours ago, DividedByMankind said:

I have never experienced something like that. So you do have to post a source for that instead of just putting your words about something that is completly BS. 

 

PS4 was showcased for 349$. And guess what it was 349$ in best buy. Just stop commenting if you dont have anything better to say than spread lies. 299$ is the final price. When a price is showcased, that price is final.

The vast majority of US states pay sales tax. So 349 would not be the final price. You might live in one of very few states that do not have a sales tax if you’ve never experienced this. 
either way, dont get upset with the other comment or for not doing research when it looks like you haven’t either. They are, for the most part, absolutely correct.

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4 hours ago, koolskamp said:

 i see ur point but i really doubt they pay 80 bucks in taxes , they might but i doubt it koolskamp.png

 

Sales taxes are a percentage of the value of the goods. Again, assuming this is $499 US, so $599 in Canada, with our 13% sales tax, it will be $77.87 in taxes on top of the $599 sticker price.

 

I checked on VAT rates in EU - https://taxfoundation.org/vat-rates-europe-2019 

 

If this is accurate, you are looking at about 20% on average. So that would mean that the EU folks are paying about 80 euros in tax.

 

Edit - Actually looking at the current exchange rate, the console is more likely going to be $649 CDN, so that;s $84.37 in tax

Edited by diskdocx
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4 hours ago, Arcesius said:

 

Because that's not universally true. In Europe that's not the case. If something is announced for, say, 400€, that's the price including taxes. Prices in e-shops and whatnot always include taxes. 

 

Hence, naturally, there will be confusion among people that don't know that what they know isn't a global truth. 

 

Actually, it still isn't confusing when the price is stated for your region. The NA folks already know that whatever price excludes taxes and the adds in their State taxes to get the true amount. The EU folks know that an price in euros includes their taxes.  

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1 hour ago, MikeCheck-- said:

Holiday season in literally in 7 weeks, and still no price. What the hell is Sony doing

 

My Money is ready.

 

36 minutes ago, diskdocx said:

 

Sales taxes are a percentage of the value of the goods. Again, assuming this is $499 US, so $599 in Canada, with our 13% sales tax, it will be $77.87 in taxes on top of the $599 sticker price.

 

I checked on VAT rates in EU - https://taxfoundation.org/vat-rates-europe-2019 

 

If this is accurate, you are looking at about 20% on average. So that would mean that the EU folks are paying about 80 euros in tax.

 

Edit - Actually looking at the current exchange rate, the console is more likely going to be $649 CDN, so that;s $84.37 in tax

 

19 % in Germany, but the Tax is already in the Endprice. So if the PS 5 will cost 499 Euro the Taxes are already included and 499 is the final Price. Is that different in North America?

Edited by Sikutai
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12 minutes ago, Sikutai said:

 

My Money is ready.

 

 

19 % in Germany, but the Tax is already in the Endprice. So if the PS 5 will cost 499 Euro the Taxes are already included and 499 is the final Price. Is that different in North America?

Yes. Whatever the MSRP is in North America, that is the sticker price on the shelf. As I noted in my posts above, our sales taxes (the equivalent to your VAT)  are added on top of the sticker price, they are not included. This is all government mandated bull shit essentially - by having only the price of the goods noted on the sticker, then taxes added later, there is more transparency. In EU, the tax is added into the sticker price, so it isn't (theoretically) as easy to know exactly what the product costs and what the taxes are.

 

So once again, for clarification, the North America price is NOT the final price. Virtually everywhere in NA will have sales taxes still to pay, and yes those could add close to $100 to the final price

Edited by diskdocx
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6 hours ago, Cissa90 said:

Gotta remember when that the USD prices are not with tax included. So they still gotta fork out more than its stated. Though I do not know the tax % they have to pay.

 

It's the same with appstores on ios etc. See something for 25 dollars? You have 25 dollars in your account wallet? Not enough, need more for taxes.

It's a 6% sales tax where I live.  So, Xbox would cost me roughly $320.  Most folks realize that.  Just an FYI

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22 minutes ago, diskdocx said:

Yes. Whatever the MSRP is in North America, that is the sticker price on the shelf. As I noted in my posts above, our sales taxes (the equivalent to your VAT)  are added on top of the sticker price, they are not included. This is all government mandated bull shit essentially - by having only the price of the goods noted on the sticker, then taxes added later, there is more transparency. In EU, the tax is added into the sticker price, so it isn't (theoretically) as easy to know exactly what the product costs and what the taxes are.

 

So once again, for clarification, the North America price is NOT the final price. Virtually everywhere in NA will have sales taxes still to pay, and yes those could add close to $100 to the final price

 

you said yourself the price is with taxes included in EU so it's very easy to see what we have to pay :) we just look at the sticker on a product :) it doesn't matter how much taxes are included (at least i think that's true for the majority of people) :D ...

 

But i wanna say thank you for your other comments prior to this one, you said it correct with NA people know the taxes come on top and in EU the price is final. Common knowledge for people living in either NA or EU :yay:

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21 minutes ago, diskdocx said:

Whatever the MSRP is in North America

 

Well, the S in there is Suggested (Manufacturer Suggested Retail Price) and retailers unless under other contractual obligations, can charge whatever they want. That's why here we typically see Wal-Mart be ~2-3 cents cheaper than MSRP on a lot of things.

 

 

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My girlfriend doesn't want me to spend money on a PS4 for her, so she's waiting until I get a PS5 so she can use the PS4 and make a new account in the bedroom. 

 

I'm not tempted to get a PS5 day one unless so games are announced, maybe around tax return season. However if a couple games are announced at launch / features and price is $499 I'd get it shortly after release, especially if I can just plug in my VR and external hard drive and have all my games.

 

 

Edited by MikeCheck--
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3 minutes ago, Evil_Joker88 said:

 

you said yourself the price is with taxes included in EU so it's very easy to see what we have to pay :) we just look at the sticker on a product :) it doesn't matter how much taxes are included (at least i think that's true for the majority of people) :D ...

 

But i wanna say thank you for your other comments prior to this one, you said it correct with NA people know the taxes come on top and in EU the price is final. Common knowledge for people living in either NA or EU :yay:

 

Well I did say theoretically, and that it was government mandated BS. I mean there are pros and cons to each approach. When I see the price, I have to do quick mental math to add the sales tax to figure out what I'm going to pay here in Canada. But I know exactly what the product cost is, and the bill makes it very obvious how much the government has dinged me in taxes. On the other hand in EU, you know exactly how much is coming out of your pocket at the register, but it isn't quite as obvious how much of that is the tax vs the product cost. Neither system is perfect. It really is government just playing games with 'our system is better because'...

2 minutes ago, DaivRules said:

 

Well, the S in there is Suggested (Manufacturer Suggested Retail Price) and retailers unless under other contractual obligations, can charge whatever they want. That's why here we typically see Wal-Mart be ~2-3 cents cheaper than MSRP on a lot of things.

 

 

 

Really this wasn't the point at all of my post. The EU to NA price difference/confusion has nothing to do with retailers adjusting the price.

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4 minutes ago, diskdocx said:

 

Well I did say theoretically, and that it was government mandated BS. I mean there are pros and cons to each approach. When I see the price, I have to do quick mental math to add the sales tax to figure out what I'm going to pay here in Canada. But I know exactly what the product cost is, and the bill makes it very obvious how much the government has dinged me in taxes. On the other hand in EU, you know exactly how much is coming out of your pocket at the register, but it isn't quite as obvious how much of that is the tax vs the product cost. Neither system is perfect. It really is government just playing games with 'our system is better because'...

 

I personally would rather know exactly how much is coming out of my pocket instead of having to make math every time I purchase something just to know exactly how much is going into the government's hands, but that's just me.

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5 minutes ago, diskdocx said:

On the other hand in EU, you know exactly how much is coming out of your pocket at the register, but it isn't quite as obvious how much of that is the tax vs the product cost.

Just curious... why does it matter to anyone to whom my money goes, is it important if its cost for the product or taxes?

 

I really just wanna know if I can afford it and don't care if Ihow much in€ go to my govenrment. I only need the final price to know if I have enough money on me or my account to afford the product. to know that 19% are in general taxes is always in the back of my head but not neccessary to know in my dayly life. To think I would have to make my math before taking something into my cart would annoy me. But I really wonder if knowing how much is in fact taxes is really a thing for anyone?

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On 08/09/2020 at 4:40 AM, koolskamp said:

i see ur point but i really doubt they pay 80 bucks in taxes , they might but i doubt it

In Canada it's the same thing. The tax percentage depends on the province. 

 

The price for the pro was listed as $499 MSRP here but I ended up paying $565 because of taxes. 

 

Also prices are never listed with taxes here. It's always before tax. 

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1 minute ago, DaivRules said:

 

This is very much a thing for a lot of people in the United States. 

okay....

I don't get it ^^"

 

I mean I know the thing I want to buy is a product  created from different factories, liek one factory bought  plastic to make the cas and another factory creates hard drives that sony uses, there are ppl contributing raw material, diferent components and so on. I don't need to know how much exactly everyone of them is payed, also, these different ppl or factories are paying taxes as well... why do I need to know what are the final taxes for me as a customer?

 

I don't want to offend anyone I just really don't get it, it sounds very outlandish to a german ^^"

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2 hours ago, MikeCheck-- said:

Holiday season in literally in 7 weeks, and still no price. What the hell is Sony doing

Won't matter that much in the grand scheme of things. The people who dive into new tech first, are always expecting and prepared to pay a premium. 

Sony could reveal the price December 1st and those same people would still be prepared to pay, regardless of other purchasing priorities.

 

 

Edited by VigilantCrow
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4 minutes ago, sepheroithisgod said:

An extra $50 at checkout is a big deal for most people.

yeah thats not what I meant, oc it is for everyone. but In my final price in germany, the taxes are already included, nothing extra. and since we always pay taxes for every single item available to buy and I always know it is 19% (7% if it is a neccessary item for dayly life like food and hygienic items) I know I go to the cashier and pay a final price. that just it, isnt it? the store pays my taxes and I alway pay 1€. if it is 20 cent taxes or 10cent taxes I don't care, I pay 1€ anyway.

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Just now, AiManiaTrophyhuntres said:

okay....

I don't get it ^^"

 

I mean I know the thing I want to buy is a product  created from different factories, liek one factory bought  plastic to make the cas and another factory creates hard drives that sony uses, there are ppl contributing raw material, diferent components and so on. I don't need to know how much exactly everyone of them is payed, also, these different ppl or factories are paying taxes as well... why do I need to know what are the final taxes for me as a customer?

 

I don't want to offend anyone I just really don't get it, it sounds very outlandish to a german ^^"

 

In general I don't really care either, but there are some exceptions. Gasoline is a big one, as the price at the pump includes all taxes and there are a lot of taxes tacked on top of taxes. Which really isn't fair - tax should be applied to the price of a product, not towards another tax that is already applied on the product. But that is a different conversation.

 

I do think in general, Europeans are much more tolerant of their government and Americans are much more suspicious. Socialism vs Capitalism.

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