Festool Announces Price Changes

[Administrator_JSVN]

With the release of the 2007 Festool catalog, prices will be changed on the majority of its product line effective April 1st, 2007. 

According to Christian Oltzscher, President and CEO of Festool USA, "… you should know that Festool does not impart regularly scheduled price increases. We raise prices only when necessary and only in respect to what increased costs we have had to incur."

On the McFeely's website, we have added a "Beat the Price Increase" logo to our Festool products showing how much you will save if you order before April 1st, 2007.  For products without a logo, pricing will remain unchanged.  For a complete list of power tool price changes, click the "Beat the Price Increase" logo.

Spreading the knowledge,
Shane

P.S. -- Pricing for the DOMINO and related DOMINO-specific accessories will remain unchanged until the end of the introductory period which expires May 31st, 2007.

 

[JayStPeter]

Good info.  Some of the packages really take a hit having to absorb increases on both items.  Looks like the RO150 is safe ... whew.

 

[wmhyman]

Is the Boom Arm really going up $66.00?

 

[jimg]

I was looking at the boom arm increase too.  Also, figure that the vac handle is up $6, so a boom setup will increase $72. I guess I'll be forced to act sooner rather than later.  :

 

[Administrator_JSVN]

Yes, all of those increases posted on our website are correct and accurate as provided by Festool USA.  Also, I have added another feature to the shopping cart page will will give a cumulative total of savings versus the prices post-April.  The boom arm is definitely worth purchasing prior to the increase if you are considering it.

 

[mysterium]

Shane,

"Thanks" again for some valuable or should I say "costly" information...

I was SHOCKED to see that accessories and consumables increases are 10% across the board.... 

Festool in most cases locks the user into proprietary accessories and consumables. 

I own 15 plus Festool power tools.  For me 10% is a significant raise.

jim 

 

[Administrator_JSVN]

Jim,

You're quite welcome.  For anyone interested, I added a list of the top 20 non-power-tool increases to the site.  Anyone who is on the fence about any of those items may want to order sooner rather than later.  You can view it here:
http://www.mcfeelys.com/festool/bti.asp

Shane

 

[mysterium]

Thanks again Shane,

Several items like the 118" guide rail that was $188 in the 2005 catalog now $250 are hard to take... 

The MFS700 particularly hurts 'cause I was planning on purchasing this for a future project.... with the extra rails & a sled I intended on buying it's a $100 raise on an already very expensive accessory. 

jim

 

[Dan Clark]

Although, it would be easy to say that Festool is gouging now that it's established a better market presence, the unfortunate reality is that we are the victims of a falling dollar and a rising Euro.   

Attached is a chart of the US Dollar index for since 1/1/2001.   Notice a trend here?   The dollar was at $120.51 at the beginning of 2002.  Today it closed at 84.15 - a drop of 30% in 5 years.   Even in the last 18 months, the dollar has dropped 9% in value. 

Now let's take a look at the Euro Index chart (next chart down).   Since mid 2001, the Euro has increased in value by 41%.   In the last 18 it's grown 9%!

Face it...  In world economics the US is falling behind.   This isn't negativism, it's reality.   I find that disgusting. 

So if Festool raised the price 9% in the US in the last 18 months, THEY BROKE EVEN!  So rather than point fingers at Festool, look around you.   The unfortunate reality is that WE are to blame.   

Think about it.

Dan.

 

[Ned]

Thanks, Dan.  I thought the "price increase" was largely an exchange adjustment, and you've explained it clearly.  Frankly, I've been surprised that Festool only adjusts prices once a year.

 

[Michael Kellough]

Thanks, Dan.  I thought the "price increase" was largely an exchange adjustment, and you've explained it clearly.  Frankly, I've been surprised that Festool only adjusts prices once a year.

Same here. Over the last several years the price increase has lagged the change in exchange rate, thanks Festool.

Maybe if we get enough North Americans to buy Festools they'll open a plant here.
If they do, will the workers be "forced" to learn the metric system?
Or, will Festool relent and put Imperial scales on the tools? 

 

[Administrator_JSVN]

Bump.

Just a friendly reminder that this is the last week to take advantage of current '06 Festool pricing.  Visithttp://www.mcfeelys.com/festool to see the price increases.  Adding items to your shopping cart will tabulate total savings.

Shane