Timo19 Posted February 28, 2018 Posted February 28, 2018 So, some of you may of saw my post yesterday asking about the best laptop I could buy for my price budget however still being indecisive I woke up today and decided to check out the HP OMEN on the website then immediately realised I was on the American site however the American site with the same spec laptop was A LOT cheaper than it would be to buy in the UK. (I presume this is because most of their production comes from there?) So here are the specs and the price difference: Windows 10 Home 64 Intel® Core™ i7-7700HQ (2.8 GHz, up to 3.8 GHz, 6 MB cache, 4 cores) + NVIDIA® GeForce® GTX 1050 (4 GB GDDR5 dedicated) 8 GB DDR4-2400 SDRAM (1 x 8 GB) 15.6" diagonal FHD 120 Hz IPS anti-glare WLED-backlit (1920 x 1080) 1 TB 7200 rpm SATA Office Software Trial Security Software Trial 4-cell 70 Wh Lithium-ion polymer Battery No DVD or CD Drive Full-size island-style backlit keyboard with numeric keypad HP Wide Vision HD Camera with dual array digital microphone 802.11b/g/n/ac (2x2) Wi-Fi® and Bluetooth® 4.2 combo So for this price I thought wow, only $919.99 (£667.38) or if you was to buy the same spec from the UK website you're going to be paying £1,095.99 ($1510.84) so for this spec laptop in the UK is good but then I hit a brick wall, thats only nationwide shipping. So then I searched if there was anyway around this and it seems that google come through, I found a website called MyUs and basically they have delivery suites in the US where you get your items sent too and yes, it is possible a monthly fee is to be paid but if you're going to be doing this 2/3 times a month then with products like the HP OMEN then whats $30 out of a margin of over £300? However.. I forgot about shipping costs. Cheapest price you can get is around $22 on a laptop which will take 7-14 days to arrive to your UK address or you can bite the bullet and pay $50 and it should be with you in 2-4 days. So at this point I thought wow, this can really work but then I thought about the charger adaptor with UK being different to the US and you can buy a official HP OMEN UK charger for £35. So lets break it down: £667.38 (Laptop) + £21.76 (MyUps) + £36.27 (UK Shipping) +£35 (UK Charger) Total cost: £760 Given the potential resell value of up to £1095.99 the profit margin is up too: £428.61 So am I missing anything or is this a viable method of a second form of income? obviously probably wouldn't start with a laptop of that calibre I only used that as an example to show that money can be made. NOTE: MYUS SAY STATE TAX COST IS EXEMPT FROM US PURCHASES (APPARENTLY)
D Bolter Posted February 28, 2018 Posted February 28, 2018 Have you checked in store prices (in the U.K.) of the laptop that you speak of? Since stores may buy it in bulk, they may be able to offer a cheaper rate than £1095.99
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 1 minute ago, EXP said: What about import cost? I stated the import costs in the topic. around $50.
EXP Posted February 28, 2018 Posted February 28, 2018 1 minute ago, Timo19 said: I stated the import costs in the topic. around $50. Ok.
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 6 minutes ago, D Bolter said: Have you checked in store prices (in the U.K.) of the laptop that you speak of? Since stores may buy it in bulk, they may be able to offer a cheaper rate than £1095.99 Cheapest I could find was £999.99 but that was intel i5.
Butters Posted February 28, 2018 Posted February 28, 2018 Interesting. Is it only due to tax is exempt? Might also want to read about drop shipping.
riseofrage Posted February 28, 2018 Posted February 28, 2018 22 minutes ago, Timo19 said: So, some of you may of saw my post yesterday asking about the best laptop I could buy for my price budget however still being indecisive I woke up today and decided to check out the HP OMEN on the website then immediately realised I was on the American site however the American site with the same spec laptop was A LOT cheaper than it would be to buy in the UK. (I presume this is because most of their production comes from there?) So here are the specs and the price difference: Windows 10 Home 64 Intel® Core™ i7-7700HQ (2.8 GHz, up to 3.8 GHz, 6 MB cache, 4 cores) + NVIDIA® GeForce® GTX 1050 (4 GB GDDR5 dedicated) 8 GB DDR4-2400 SDRAM (1 x 8 GB) 15.6" diagonal FHD 120 Hz IPS anti-glare WLED-backlit (1920 x 1080) 1 TB 7200 rpm SATA Office Software Trial Security Software Trial 4-cell 70 Wh Lithium-ion polymer Battery No DVD or CD Drive Full-size island-style backlit keyboard with numeric keypad HP Wide Vision HD Camera with dual array digital microphone 802.11b/g/n/ac (2x2) Wi-Fi® and Bluetooth® 4.2 combo So for this price I thought wow, only $919.99 (£667.38) or if you was to buy the same spec from the UK website you're going to be paying £1,095.99 ($1510.84) so for this spec laptop in the UK is good but then I hit a brick wall, thats only nationwide shipping. So then I searched if there was anyway around this and it seems that google come through, I found a website called MyUs and basically they have delivery suites in the US where you get your items sent too and yes, it is possible a monthly fee is to be paid but if you're going to be doing this 2/3 times a month then with products like the HP OMEN then whats $30 out of a margin of over £300? However.. I forgot about shipping costs. Cheapest price you can get is around $22 on a laptop which will take 7-14 days to arrive to your UK address or you can bite the bullet and pay $50 and it should be with you in 2-4 days. So at this point I thought wow, this can really work but then I thought about the charger adaptor with UK being different to the US and you can buy a official HP OMEN UK charger for £35. So lets break it down: £667.38 (Laptop) + £21.76 (MyUps) + £36.27 (UK Shipping) +£35 (UK Charger) Total cost: £760 Given the potential resell value of up to £1095.99 the profit margin is up too: £428.61 So am I missing anything or is this a viable method of a second form of income? obviously probably wouldn't start with a laptop of that calibre I only used that as an example to show that money can be made. NOTE: MYUS SAY STATE TAX COST IS EXEMPT FROM US PURCHASES (APPARENTLY) Double check it :P + why would you share this to us? Some might abuse this for their own greed.
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 (edited) 4 minutes ago, riseofrage said: Double check it :P + why would you share this to us? Some might abuse this for their own greed. I'm sure thousands do it globally mate. I'm not going to become the only guy in the world to sell a laptop, if you get what i mean? (dont mean to sound sarcastic) 7 minutes ago, Butters said: Interesting. Is it only due to tax is exempt? Might also want to read about drop shipping. I'm not sure mate, I believe UK have import tax but thats covered in the delivery cost. and it makes sense the laptop only weighed 3.2kg (with packaging) Edited February 28, 2018 by Timo19
gearing Posted February 28, 2018 Posted February 28, 2018 1 hour ago, Timo19 said: trial and error, although i DO believe that you arent the first bloke with this idea, hence your calculations might be faulty & expectations unrealistic all you do is making a dime cause you are not paying taxes like legitimate resellers, personally, id suggest going with faster moving goods that cost less 1
Fibonacci Posted February 28, 2018 Posted February 28, 2018 gave it a read, yeah ur onto something thanks for sharing
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 19 minutes ago, gearing said: trial and error, although i DO believe that you arent the first bloke with this idea, hence your calculations might be faulty & expectations unrealistic all you do is making a dime cause you are not paying taxes like legitimate resellers, personally, id suggest going with faster moving goods that cost less Thanks for feedback I'm going to buy one on friday (for personal use) and i'll update you with the experience. 1
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 Update, I found out that you have to pay 20% import tax to HMRC if the item is deemed not to be a 'gift' and i doubt HP will send it me as a gift.. MyUs worded it as if their would be no tax but that only means in america you have no export tax. So after all boys, seems to good to be true.
Timo19 Posted February 28, 2018 Author Posted February 28, 2018 How ever I can still get an OMEN for £850 so it still works cheap.
