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Again, this is an example of ‘what the market is willing to pay’. Your average Lotus owner will pay £300 for that part. Your average car flipper will not as they are trying to make as much ‘profit’ upon reselling it. Is than not just basic business sense?

BTW, the washer fluid level sensor I just replaced on my Jaguar was £34 delivered from a main dealer. There is an exact equivalent Ford part which was £48 delivered.
I'm working on a nice project at the moment.
The CEO contacted me in reference to the RFQ.
He stated that my offer was competitive and he was happy to press ahead.
However, on one item he stated that whilst it was more cost effective than my competition- he still expected it to be even cheaper and believed that my offer was based on the market itself.

Isn't that how business works?
 

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Bill of materials.


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r and d
patents
features ...benefits
etc

...

value adding sales.

a basic example.

product x is more expensive in cash terms but will save
x in production time... etc etc

cost is one thing
value/worth can be more of a concept and can be unique to an individual.
 

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As interesting as this is, back on topic; the choice of whether or not to buy a product is far less pronounced and non-existent for some, when it cones to buying fuel for a vehicle. The oil companies have a captive "audiance" so where is the market force that determines the worth or value of diesel?
 

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As interesting as this is, back on topic; the choice of whether or not to buy a product is far less pronounced and non-existent for some, when it cones to buying fuel for a vehicle. The oil companies have a captive "audiance" so where is the market force that determines the worth or value of diesel?
demand and need.

I had a Windows phone ( stolen whilst in Emmen).
I thought it was bloody great ( after being stuck with a blackberry for years)... anyone else had a Windows phone?
 

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when making offers to major OEMs it wasn't unusual to be asked to present full component/ raw material costings of the final product .
Were never happy to do the same for their product.

PITA.
 

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when making offers to major OEMs it wasn't unusual to be asked to present full component/ raw material costings of the final product .
Were never happy to do the same for their product.

PITA.
A diplomatic "None of your business" would be my reply. Although have never been asked.
 

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Not in my opinion it isn't, it's telling the Lotus driver that's what he'll have to pay because its something he most likely needs and they know that he doesn't realise that he can get the exact same part considerably cheaper elsewhere.

Would you go into a chip shop and pay £1 for chips but £2 for fries if you knew they were exactly the same thing?
Just to close this one off, you don't know what BL were charging Lotus for the parts they used on their cars, Marina door handles were another item used, so how can you say that their £300 lamp cover was unrealistic?

On the chips/fries front, my large chip is now £3.50. It was £2.20 at the start of the year.
Other local Chip Shops are charging similar prices. Is that something that needs referred to the Monopolies Commission, or, are the Chip Shop ownwers just trying to keep their businesses afloat and passing costs on in the price of their product?

That's called business, and the oil companies are just doing the same.
 

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As interesting as this is, back on topic; the choice of whether or not to buy a product is far less pronounced and non-existent for some, when it cones to buying fuel for a vehicle. The oil companies have a captive "audiance" so where is the market force that determines the worth or value of diesel?
Businesses don't come much more global than oil. The price of a barrel is simply a reflection of demand at any given time. Sure, there's an element of price stabilisation by OPEC, but that's limited to a few dollars either side & can't be maintained in the long term where the price will always return to 'market'.

Many also forget that inflation also applies to diesel. The £1.40 a litre we were paying a few months ago is now £1.54 without any change in the demand/supply of oil.
 

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Dave, I'm taking about capital equipment that costs £6 sometimes £7 figures.
And I'm talking about 10 year contracts worth over £50m in the UK, triple that for satellite plants in Europe ..for one single component.
I'm talking about clients who would insist on a factory visit in the event that a production line was relocated...even within the same factory site.
The same type of client who would expect to be told of a component change within a pcb ( for example) where fit form and function ( and specification) would remain unchanged.

Like I said a PITA.
 

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I know..
only a southerner wld pay £15 for a paperclip.
How many have you got, and what's the delivery time scale currently looking like Dave?...
 

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How many have you got, and what's the delivery time scale currently looking like Dave?...
4 to 6 weeks lead time.
£17.34 each
Yes I know that Fred Blogs Ltd charge 15p each...but they haven't got any and mine at that price when I don't have any.
 

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So regarding the OPS question about the price of oil back in 2006 compared to today and the difference in price; did anyone factor in that oil is sold in $US and that the exchange rates were very different then?

Someone work that out and then tell me oil companies are fleecing us daft.

Something else driving up prices is the after effects of covid. My job is crying out for people and the wages are going up significantly to attract experienced competent personnel. I heard yesterday that an agency is offering 50% more than what I'm on now. Tempted? You're bloody right I am!!!
 
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