Quote:
Originally Posted by zigzagz94
2,500,000 yen = 30,000 usd
|
You can't just do a currency conversion to get the price we'll have to pay here. Take a look at all the cars sold both here and in the UK. A simple currency conversion doesn't accurately reflect the prices people pay.
Same thing happens when you compare prices in Japan to prices here. 2009 Honda S2000 cost $35,000 here, but 3.8M Yen in Japan (
http://www.relojapan.com/livingcost.asp). If you assume the same ratio applies here, then a 2.5M Yen car in Japan ends up costing about $23,000 here. That's been about what people have been predicting.
The major caveat is the Yen is getting stronger, so the ratio might end up being a bit different, but the main point--that you can't simply do a currency conversion to predict the price of a car in USD by using the price of a car in Yen--still stands.
Edit: Thank you Cyde01. Sorry for the repeat post.