FDNewbie

iTrader: (10)

Hey guys,

Tow Hooks are all here, boxed up, ready to ship!

Also, BlueRex will be posting up payment info for the remaining balance shortly, which will consist of:
- International shipping cost (Japan to US)
- Domestic shipping cost (me to you)
- A minor fee to balance out the HUGE drop in the currency exchange rate that we suffered from, between the time we quoted you prices and the time we made the purchase.

Thanks for your understanding,
~Ramy

fd3virgin

RAMY, do you have any extras left. i can pay asap. thanks. kevin

FDNewbie

iTrader: (10)

Kevin, I don't have any extras, but if you want to purchase one separately, I can have one shipped to you ASAP

~Ramy

BlueRex

Please indicate what GB you are paying shipping for in you payment.

Payment info: I'll accept Cashiers Check, Money Order, and Paypal. Paypal is preferred since it is instant and safe. ***Please be aware, I will not be responsible for lost or stolen MO/CC.***

***If you pay by Sunday night, your parts will ship Monday.***

Price for MO/CC = $50.00 (Mainland US Only)

Price for Paypal Instant Transfer = $52.12 (Mainland US Only)

*Price for Paypal E-Check = $52.12 (Mainland US Only)


I will be posting individual quotes for those out side the US momentarily.


*There is a tutorial for PayPal E-Check stickied at the top of this section.
**NO REFUNDS

Address/Payment info for MO/CC:

Jason Sattar
1384 Mount Shasta Ave
Milpitas, CA 95035

PayPal address: payments@fdnewbieimports.com

BlueRex

UK shipping:

efiniste - $78
NOYZBOY100dB - $78
BobfisH - $82 (includes short amount)
lockwood77 - $78

If it ends up being cheaper than calculated we can issue a partial refund.

efiniste

I'm sorry but, what extras? The "remaining balance" you're trying to add here was all covered in the original price. The only extra I'm expecting is the additional shipping cost to the uk.

Steve

FDZero

iTrader: (10)

I don't understand, the original GB price post on the first few pages stated...

"Price for Paypal Instant Transfer = $145.08 shipped (Mainland US Only)."

But I saw this recent post...



Perhaps I have misunderstood, that $145.08 was only partial payment. I understand the exchange rate but man...that's too much of a charge for me without notification of an idea of cost. I'm sorry I misunderstood. If this is the case, is it possible to backout of this GB and be refunded the full $145.08 amount? Or...is someone interested in my position?

Golden Child

Payment sent. Need the parts ASAP so if there are any changes in final fees let us know.

Thanks

FDNewbie

iTrader: (10)

Hey guys,

You're right, we did originally quote you shipped prices. But when the dollar plummeted and the exchange rate went south, everything changed. The parts cost more, the shipping cost more... Everything got screwed up. And unfortunately that's just one of the caveats of doing business based on international exchange rates... That's also of the top issues I'm addressing via the new site (almost done) w/ realtime pricing, up to the moment the order is placed, so we can avoid these issues in the future.

So as of right now, if anyone has any specific issues, please feel free to email me (Info@FDNewbieImports.com with "Tow Hook GB" in the subject line) and we'll work toward an amicable solution for the both of us.

Thanks,
~Ramy

FDZero

iTrader: (10)

Just a note I just sent payment for the shipping/int'l fee thing. Please keep me posted with shipment.

su_maverick

so you are saying it is going to cost me another $50 to get these tow hooks to me?

If that is the case you can go ahead and refund every penny back to me.

Sandro

iTrader: (1)

Ramy:

Just so that we could all understand, could you please give us price breakdown then and now?

Then:
- Price of the piece in yen at the time you quoted us
- Price of shipment in yen from Japan to US at the time you quoted us
- Price of the domestic shipment in $
- Your anticipated fee in $ for handling this GB

Now:
- Price of the piece in yen at the time you paid Feed
- Price of shipment in yen from Japan to US at the time the pieces were actually shipped to you
- Price of the domestic shipment in $

I went through the exercise and could not justify the more than 30% increase from your original quote.

Thank you,

- Sandro

Sandro

iTrader: (1)

Just a follow up clarification on my previous request.

As of 3/8/08 - the date Ramy quoted the $125 unit price - the exchange rate was yen102.75/$

As of 6/8/08 - the date Ramy announced the pieces were received - the exchange rate was yen104.95/$

source: www.xe.com

The $ devaluation in this period was therefore 2.1%

So, how/where does this extra $50 @ 34.5% increase from original quote!!!! come from?

- Sandro

FDNewbie

iTrader: (10)

Sandro,

Without being behind the scenes, it's easy to oversimplify. Posted exchange rates are on the open market. I don't buy and sell dollars for yen on the market; I'm much too busy for that. I send money internationally through LEGAL means, which means it's routed through a bank. The bank sets its exchange rate which is non-negotiable, and will ALWAYS be a few yen lower than the open market rate.

Moreover, when the parts were received has nothing to do with how much I paid for them; it all comes down to when the order was PLACED, and the cash was transferred... IIRC, the Yen had hit it's ultimate low at that point; it was hovering around 102, then dropped to 97 IN ONE DAY, and that was on the OPEN market, mind you. So we were dealing with an EXTREMELY unfavorable exchange rate at the time.

Also, the tow hooks were BY FAR the most expensive items to ship. They're VERY heavy for their size (pure steel), so there's a domestic shipping cost as well as an international shipping cost, all at unfavorable exchange rates.

All this is ignoring the Customs fee that I'm eating for the shipment.

And again, the cost INCLUDES shipping from me to you. Try going onto Fedex or UPS and finding out how much it costs to ship the tow hooks via ground to a residential address. Given the weight, you're looking at $15+ EASY, + $1 - $2 for insurance. That's not including cost of the box, packing noodles, tape, packing materials, ANYTHING.

So you take $50 - $15 and you have $35. $35 is supposed to cover a HUGE fluctuation in exchange rate in the purchase price AND in shipping them to here. Try checking other international vendor's shipping rates; they don't ship ANYTHING to the US for under $35.

In short, I'm trying to keep the price as low as possible. I already mentioned that if you have any concerns, plz feel free to let me know, and we'll try and work it out. I don't like breaking my word, so I'm going to try and be as accommodating as possible. All I'm asking is your patience and understanding in return.

Thanks,
~Ramy

vel525

iTrader: (4)

Money sent.
Sucks, but **** happens. I know Ramy is not trying to rip us off and is just trying to cover increases in costs he couldn't have estimated at the time. It's not like he's making a TON of money doing this and is ready to retire early. He does this because he enjoys doing this for the community and if he makes a small profit for his effort, I think that's more than fair.

FDZero

iTrader: (10)

+1

That's what made me realize this comment above after my original post of requesting a refund:

https://www.rx7club.com/showpost.php...&postcount=132

Ramy is a great guy (...proven with my recent transaction weeks ago...which he HOOKED me up with!) and he is looking out for the best of himself, his associates, his customers and what's out their in the market.

In all honesty...where else would I find these parts?

Sandro

iTrader: (1)

Ramy,

as anyone else, I appreciate your contribution to the community your explanation is far from convincing and - actually - misleading.

1. Whether you buy yen on the open market or through the bank it doesn't affect any relative difference in exchange rate - so, this is a no argument
2. The 97 yen/$ exchange rate you are referring to happened on 3/17 - indeed after your price quote but well before the time you placed the order - so, this is also a no argument and actually misleading http://www.x-rates.com/d/JPY/USD/graph120.html
3. The GB closed on April 22 - I assume you placed the order any day thereafter.
On April 23, the exchange rate was 104, then kept increasing. So, actually, at the time you may have placed the order, the $ had appreciated vs. the yen.

So, I am still asking, how can you invoke the "huge" devaluation as the cause for price hike when indeed $ was worth more at the time you placed the order than it was worth at the time you quoted the price?

Additionally, even assuming that for whatever reason Feed charged you $35 or $50 more at the time you placed the order, why the hell not asking us first if we were OK to pay this 30%+ extra? and instead, you elected to hide this from us for two months, then hit us with a ransom two months later that if we wanted the units we had to send an extra $50.

I bet that if you had disclosed this hike at the time you became aware of, most of your buyers would have confirmed their order anyhow.

So, not being behind the scenes, what am I still missing? I am patiently waiting for a more convincing explanation.

- Sandro

efiniste

Me too.

The extra charge is still $50, not $35. You already charged us the $15 domestic shipping in the original payment.

Steve

fd3virgin

how much for just the front feed tow hook shipped to 21009 maryalnd.

FDNewbie

iTrader: (10)

Golden Child, Vel & FDZero, thanks for your understanding. I'll be sure to offer you guys a discount on any future purchases to make up for this. Feel free to remind me of this

Sandro, I'm not gonna go tit for tat with you on this. I will again clarify, however, that whatever the published rate is, is the AVERAGE of that DAILY rate, on the OPEN MARKET. Because of such fluctuations, the banks set a considerable "cushion," as to guarantee their profit/eliminate the possibility of any losses. So if that day's AVERAGE was 104, the bank sets it rate at approx. 101. And THAT'S what we have to send the $$ at. That's that.

But that's really not what this is about. I clearly stated that I apologize for breaking my word, and it's definitely something I HATE doing, and almost never ever do. And I'm not lookin to give anyone a run for their money. My intentions are pure, so I'd appreciate if we can start dealing on that basis. As such, I'm willing to work with any individuals who may feel unsatisfied with the situation as it stands. So instead of getting into a forum debate, I'd appreciate it if you can email me (as per the instructions I posted earlier) with your concerns & ideas, so we can actually start working toward an amicable solution.

I look forward to hearing from you.

~Ramy

su_maverick

I really dont need to debate this.

I agreed to pay $140 shipped for the tow hooks
I did not agree to pay $190

I am not asking you to send the tow hooks to me for the $140 but I refuse to pay the extra money so you can sell mine to someone else and refund the $140 to me.

Saying "no refunds" is rediculous in this situation as the price has changed without giving us an opt out prior. I think you are a stand up guy and consider you a friend. I dont think you were trying to hide something but I also thing that we deserve the right to get our money back if we dont want to pay the extra money that was never quoted to us in the beginning.

FDNewbie

iTrader: (10)

Neal, you don't need to pay any extra money to anyone for anything. If you sell your spot (say, to fd3virgin, who's itching to get a set), you get your money back IMMEDIATELY, and HE pays me the difference.

Again, I don't wanna get into a drawn out forum debate. I'll look forward to seeing an email from you.

Thanks,
~Ramy

su_maverick

thats cool, just sell my spot to whomever is next in line.

FDNewbie

iTrader: (10)

Neal, I don't sell the spots; you contact (or be contacted by) the interested party, and let me know when you sold your spot, and to whom.

Thanks,
~Ramy

su_maverick

okie - whoever wants it- pm me and I will give you my paypal addy.