I'm pretty new to the Festool world, having only the DF500 and a CT26 but was looking at the TS60 track saw for an upcoming project. My question is since we are approaching the end of the year, is Festool planning a price increase for next year? If so, I will need to get the saw now, if not I can put off the project until early 2024.
2024 Price Increase?
- Thread starter ppd417
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luvmytoolz
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ppd417 said:
I think January is the usual price hike month I believe. In OZ we get Festool promotions running back to back usually, do you have the same there? As it might be worth pulling the trigger for the freebie/discount before the hike then.
I haven’t seen any promotions directly from Festool, some independent retailers are giving away t-shirts and hats, but that’s all I’ve seen. I think you may be right about them January price hike, so I guess I’ll bite the bullet now. The only other issue is how to break the news to the boss here at home…
squall_line
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Whenever a price increase is announced, most of the larger Festool retailers will announce and promote the price increase along with a searchable list of all of the tools and accessories that are subject to the hike.
There are also some retailers who will use the increase as an opportunity to claim that you can "save 10%" on your purchase, when the fine print is "save 10% compared to buying next month". I don't agree with that tactic, even if it's legally and technically accurate when you parse the language.
There are also some retailers who will use the increase as an opportunity to claim that you can "save 10%" on your purchase, when the fine print is "save 10% compared to buying next month". I don't agree with that tactic, even if it's legally and technically accurate when you parse the language.
timwors
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I really hope there’s not much of an increase. I have big plans for next year!
I also found a photo I took in an Axminster store Dec 2021 of the MW 1000 Set with a price label of £669 on it… two years later the price is £885, which is more than twice the average rate of inflation.
I also found a photo I took in an Axminster store Dec 2021 of the MW 1000 Set with a price label of £669 on it… two years later the price is £885, which is more than twice the average rate of inflation.
mino
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Given the wreck the German (and European in turn) economy is these days, with the energy prices on a roller coaster which translates to everything else from food to rents, then the heating up trade war with China ... I would not dare predict either of:
- how Festool costs were affected
- how Festool decides to handle it all, considering the market(ing) situation in their main (EU) market
In short, these are not predictable times about anything, the least of which are prices. Over here there are (relatgively) lots of used Festools (and Makita, Metabo, Bosch...) on the resale market from folks going bust ... I believe this must affect the new sales even if all the other folks were doing good and
- looking at the retail prices in DE - the actual market prices seem to agree. They are higher but selectively - it seems the tools which are less mass-produced (e.g. Carvex) went up this year while the mainstays (e.g. the C18) either stayed as before the crises or even went down a little. That indicates a non-trivial attempt to not over-stretch the customers at this time. To me.
- how Festool costs were affected
- how Festool decides to handle it all, considering the market(ing) situation in their main (EU) market
In short, these are not predictable times about anything, the least of which are prices. Over here there are (relatgively) lots of used Festools (and Makita, Metabo, Bosch...) on the resale market from folks going bust ... I believe this must affect the new sales even if all the other folks were doing good and
- looking at the retail prices in DE - the actual market prices seem to agree. They are higher but selectively - it seems the tools which are less mass-produced (e.g. Carvex) went up this year while the mainstays (e.g. the C18) either stayed as before the crises or even went down a little. That indicates a non-trivial attempt to not over-stretch the customers at this time. To me.
six-point socket II
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It won't be getting cheaper, thats for sure. When and how much it will increase, who knows ...
When I look at the Chinese made reciprocating saw, I see it as one option to contain and/or reduce cost. I wouldn't be surprised to find that the - at some point to be released - new rotary hammer will be Chinese made as well.
Maybe, just maybe, that helps offset/contain some of the cost for the in house/made in Germany/ made in Europe stuff and any given price increase won't hit that hard ultimately, for now.
However, this will just delay the inevitable. -> If your product is Made in China it just got a whole new set of competitors it needs to compete against, especially price wise.
And as mino pointed out, lots of businesses that are somehow related to construction/building going bust over here right now. Not to mention large scale projects being scrapped, and where construction has been underway being stopped effective immediately.
You really don't want to have any money tied up in any of that at the moment as a business owner.
Kind regards,
Oliver
When I look at the Chinese made reciprocating saw, I see it as one option to contain and/or reduce cost. I wouldn't be surprised to find that the - at some point to be released - new rotary hammer will be Chinese made as well.
Maybe, just maybe, that helps offset/contain some of the cost for the in house/made in Germany/ made in Europe stuff and any given price increase won't hit that hard ultimately, for now.
However, this will just delay the inevitable. -> If your product is Made in China it just got a whole new set of competitors it needs to compete against, especially price wise.
And as mino pointed out, lots of businesses that are somehow related to construction/building going bust over here right now. Not to mention large scale projects being scrapped, and where construction has been underway being stopped effective immediately.
You really don't want to have any money tied up in any of that at the moment as a business owner.
Kind regards,
Oliver
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