Quoted from wantdataeast:The reason you are not paying $4500 for your iPhone is because it is build in China, where production cost are minimal. There are even cheaper countries to manufacture in than China.
What is the VAT tax adding to the cost of Pinball machines built in Britain or The Netherlands?
I would not be shocked if the $1000-$1500 deposit, that people rush to the front of the line to pay, would entirely pay for the production cost of a pin built in China.
If the market will bear the prices that Stern gets for Pro, LE and Premiums. There would be a MUCH higher profit potential for a new company.
MOST importantly, Current new pinball manufacturers seem to be struggling mostly with money for production. So let's forget about profit here for a moment and just consider the lower production cost as a way to actually get the pin produced and in the hands of your customers without excuses about delays.
VAT isn't charged on exports.
