ANNOUNCEMENT:

There will be some planned downtime starting Wednesday, June 15th at 9am EDT. The board will be closed for approximately 12 to 24 hours while we work on migrating to a new forum software. For more information on the move, check out the Board Change Announcements thread.
It is currently Tue Nov 19, 2024 9:28 am




Post new topic Reply to topic  [ 16 posts ] 
 celga fees n stuff 
Author Message
Mini Boss
User avatar

Joined: Sat Nov 19, 2005 2:34 am
Posts: 4504
Reply with quote
Post celga fees n stuff
so I'm awful with money, I think I blank out sometimes just so I don't realize just how much I've spent, and I still don't really know how much is added on with shipping and fees from Celga. So when you buy something that's about $50 us dollars, about how much would you say is added on from fees and shipping?


Fri Aug 18, 2006 4:08 pm
Profile
S7 Royalty
User avatar

Joined: Mon Dec 05, 2005 3:14 pm
Posts: 3106
Location: Oop North, UK
Reply with quote
Post 
I normally add $20 on top before shipping from celga to me. thats a good ball park if its less than 10,000 yen.

_________________
Trade List | Wanted | Flickr |


Fri Aug 18, 2006 4:13 pm
Profile
Comment King

Joined: Mon Oct 17, 2005 8:06 am
Posts: 1282
Location: Minneapolis
Reply with quote
Post 
Parka wrote:
I normally add $20 on top before shipping from celga to me. thats a good ball park if its less than 10,000 yen.


yup, $20 sounds about right.


Fri Aug 18, 2006 4:17 pm
Profile
Mini Boss
User avatar

Joined: Sat Nov 19, 2005 2:34 am
Posts: 4504
Reply with quote
Post 
20 before shipping from Celga to you, so really it's a little more then? The final invoice is shipping from them to you and that one can be big if you don't wait for a consolidated shipment?


Fri Aug 18, 2006 4:21 pm
Profile
S7 Royalty
User avatar

Joined: Mon Dec 05, 2005 3:14 pm
Posts: 3106
Location: Oop North, UK
Reply with quote
Post 
yeah, if its one item it can be a little counter-productive as it comes via EMS. Best to get a big swag together :twisted:

_________________
Trade List | Wanted | Flickr |


Fri Aug 18, 2006 4:24 pm
Profile
Die-Cast
User avatar

Joined: Sat Jul 01, 2006 11:40 pm
Posts: 8096
Reply with quote
Post 
The other thing that has been bugging me is that they are using an incorrect exchange rate of $1 = 108 yen. It really should be higher like $1 = 112 yen. Almost 4% increase!

_________________
www.toybotstudios.com
toybot studios Webstore!


Fri Aug 18, 2006 4:30 pm
Profile WWW
S7 Royalty
User avatar

Joined: Mon Dec 05, 2005 3:14 pm
Posts: 3106
Location: Oop North, UK
Reply with quote
Post 
what are the other peoples rates like?

_________________
Trade List | Wanted | Flickr |


Fri Aug 18, 2006 4:32 pm
Profile
Die-Cast
User avatar

Joined: Sat Jul 01, 2006 11:40 pm
Posts: 8096
Reply with quote
Post 
Parka wrote:
what are the other peoples rates like?


shit, it's even worse: As of right now, the exchange rate is $1USD = 115.79 Yen!!

I realize these rates do fluctuate, but I wish that Celga would charge us in Yen, that way when we go to pay with our credit card, we are hopefully using a current exchange rate.

_________________
www.toybotstudios.com
toybot studios Webstore!


Fri Aug 18, 2006 6:04 pm
Profile WWW
Die-Cast
User avatar

Joined: Mon Oct 17, 2005 9:25 am
Posts: 8218
Reply with quote
Post 
I have been trying to set up a credit card denominated in Yen so my exchange rate is better. I am close to getting it done but so far it has been a battle.

Last year I bought a yen denominated bond when the rate was 118 to 1 to lock in my exchange rate.

(sorry to be a finance geek)


Fri Aug 18, 2006 6:59 pm
Profile
Side Dealer
User avatar

Joined: Wed Jan 25, 2006 12:05 am
Posts: 2148
Location: a Ukranian village
Reply with quote
Post 
Pogue wrote:
I have been trying to set up a credit card denominated in Yen so my exchange rate is better. I am close to getting it done but so far it has been a battle.

Last year I bought a yen denominated bond when the rate was 118 to 1 to lock in my exchange rate.

(sorry to be a finance geek)


That's a good idea Glenn...let us know how it turns out.


Fri Aug 18, 2006 10:08 pm
Profile
Mini Boss
User avatar

Joined: Wed Feb 22, 2006 10:09 am
Posts: 4807
Location: Kaiju Korner
Reply with quote
Post 
The yen has been around 115 for a while, which, historically speaking, is not too bad if you're using USD for your purchases. I remember some years back when it was at 80 or 90 yen to the dollar. People were seriously freaking out.

Economists can't decide if the yen will continue to strengthen or fall against the USD. Sometimes you read predictions of 130-40, and then you read 100-110. All I can tell you is the Japanese government and businesses very much prefer a weaker yen, since Japan is an export-driven economy, and fluctuations in the exchange rate means billions of dollars in profits or losses when overseas earnings are repatriated.

Unfortunately Paypal has HORRIBLE exchange rates when it comes to paying in foreign currencies. And credit cards now charge extra (usually 3%) if you buy something in a foreign currency. So for now it all stings, but there is probably a mechanism you can use to circumvent the Man (such as using a foreign currency bank account to wire yen).

But for now, making payments with a USD denominated cc is probably still your best bet, unless you have wads of yen you want to use to make payment.


Fri Aug 18, 2006 10:21 pm
Profile
Addicted
User avatar

Joined: Sat Feb 25, 2006 8:15 pm
Posts: 521
Reply with quote
Post 
I understand that Yahoo Japan charges a small monthly fee for each bidding account.... about how much is that fee?


Sun Aug 20, 2006 12:08 am
Profile
Die-Cast
User avatar

Joined: Sat Jul 01, 2006 11:40 pm
Posts: 8096
Reply with quote
Post 
I asked Celga about the exchange rate and mentioned that the rate is currently 115 yen, not 108 yen. Here's their reply. $20 is better than a poke in the eye I suppose...

Hello,
I don't know how familiar you are with the way the
exchange rate works, but the rate that's posted on the
financial pages is never the rate you actually get
when you go to do the exchange at the bank. ;_;
If we don't keep at least 5 yen difference from the
posted rate, we lose money. And I'm sure you can
imagine how fast you can lose money at even one yen/$
loss when you're dealing with many thousands of
dollars.

We've been wanting to change it for the better but the
dollar is being especially volatile right now so we're
still a little hesitant.

However, I looked at your history and see that you
spend a good amount with us so I can certainly see how
the exchange rate could hit you particularly hard.
There's no way for us to give you as an individual a
special exchange rate, however, we can give you a
discount. Just looking over your last couple of
invoices and keeping in mind 110 yen/$ being about our
break even, I think we can give you a $20 discount
(applied to your outstanding balance if any or credit
for future auctions).

We'll probably be updating the yen soon, too. ^^

Thank you for your continued support!

_________________
www.toybotstudios.com
toybot studios Webstore!


Sun Aug 20, 2006 2:23 pm
Profile WWW
S7 Royalty
User avatar

Joined: Sun Oct 16, 2005 7:05 pm
Posts: 3599
Location: sitting on skwisgaar's lap
Reply with quote
Post 
toybotstudios wrote:
I asked Celga about the exchange rate and mentioned that the rate is currently 115 yen, not 108 yen. Here's their reply. $20 is better than a poke in the eye I suppose...

Hello,
I don't know how familiar you are with the way the
exchange rate works, but the rate that's posted on the
financial pages is never the rate you actually get
when you go to do the exchange at the bank. ;_;
If we don't keep at least 5 yen difference from the
posted rate, we lose money. And I'm sure you can
imagine how fast you can lose money at even one yen/$
loss when you're dealing with many thousands of
dollars.

We've been wanting to change it for the better but the
dollar is being especially volatile right now so we're
still a little hesitant.

However, I looked at your history and see that you
spend a good amount with us so I can certainly see how
the exchange rate could hit you particularly hard.
There's no way for us to give you as an individual a
special exchange rate, however, we can give you a
discount. Just looking over your last couple of
invoices and keeping in mind 110 yen/$ being about our
break even, I think we can give you a $20 discount
(applied to your outstanding balance if any or credit
for future auctions).

We'll probably be updating the yen soon, too. ^^

Thank you for your continued support!


thats what i like about celga, they are always willing to work with you put out a show of good faith.


Sun Aug 20, 2006 2:54 pm
Profile YIM
Reply with quote
Post 
http://www.celga.com/fee.html ...

... celia is cheaper :wink:


Tue Aug 22, 2006 8:11 pm
Vintage
User avatar

Joined: Sun Apr 09, 2006 4:15 pm
Posts: 7136
Location: Bay Area
Reply with quote
Post 
you must have spent a shitload of money... lol

even if u paid directly w/ your credit card... i'm pretty sure they charge you a surcharge for currency conversion


Tue Aug 22, 2006 8:26 pm
Profile WWW
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 16 posts ] 


Who is online

Users browsing this forum: No registered users and 19 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group.
Designed by Vjacheslav Trushkin for Free Forums/DivisionCore.