Minelab Price Increase on Sept. 26???

[grover868]

Could a dealer please verify if what I read on another forum is correct. A dealer posted new prices for some Minelab machines. Most increased while the X-Terra 505 decreased $50 and the Eureka Gold decreased $100.

"Just wanted you all to be aware of the Minelab pricing adjustment that will take effect on Sept. 26th. The following metal detectors will change in price.

Minelab GPX5000 from $5,595.00 to $5,795.00 ($200 increase)
Minelab E-Trac from $1,498.95 to $1,549.00 ($50 increase)
Minelab Excalibur II 1000 from $1,198.95 to $1,349.00 ($150 increase)
Minelab Sovereign GT from $798.95 to $1,049.00 ($250.00 increase)
Minelab Eureka Gold from $998.95 to $899.00 ($100 decrease)
Minelab X-Terra 705 from $698.95 to $729.00 ($30 increase)
Minelab X-Terra 705 Gold (same as above)
Minelab X-Terra 505 from $598.95 to $549.00 ($50 decrease)"

If this is true, I am in the market for the GPX5000. Chris

 

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[MercMan]

I have heard that date from 2 dealers. I have not seen a list like yours. Wonder what will happen with the 4800?

I guess I can stop saving for a GPX!!! LOL Hard to hit a moving target.

 

[Keppy]

Again........... Have there detectors made who knows were........... don't work out of the box............. Not good service.......raise there prices.......... A new approach to marketing there product screw the consumer.............. and the consumer will kiss there butt and keep on buying.................... ??

 

[Sandman]

This is just because the price of gold is rising again where every "Tom, Dick, & Harry" thinks they can get richer by buying a metal detector. The only good that comes of this is those wanting to sell off their older Minelabs can command higher prices on ebay.

 

[sniffer]

all companies take advantage to increase their bottom line

 

[Keppy]

This is just because the price of gold is rising again where every "Tom, Dick, & Harry" thinks they can get richer by buying a metal detector. The only good that comes of this is those wanting to sell off their older Minelabs can command higher prices on ebay.

Sandman ......... The Sovereigns are not selling for a good price on ebay i have been watching them............... If some one gets $400.00 for a Sovereign they are lucky................ Now the Gt will get higher but not much............ The sellers are starting there price to high on the GT and no one is bidding............. Or they have a buy now with a high price and no one will buy a used GT at that price............

 

[OBN]

Again........... Have there detectors made who knows were........... don't work out of the box............. Not good service.......raise there prices.......... A new approach to marketing there product screw the consumer.............. and the consumer will kiss there butt and keep on buying.................... ??

 

[Mach1Pilot]

I've heard that date is correct... and maybe its due to the declining value of the dollar?

 

[Keppy]

I've heard that date is correct... and maybe its due to the declining value of the dollar?

Well a Sovereign Elite just sold on ebay for a little over $300.00........ Not much in my book........ And 2 GT's did not sell for the seller's wanted more for them used now than they paid for them new.......... I think some buyers are getting smart and not paying that high price for a used detector..... I think that money is tight now for a lot of people........... Except for the people that have money and don't under stand what it is like in the real world..........

 

[Woodland Detectors]

Yes, prices are going up in a few weeks folks

 

[Iron Patch]

I've heard that date is correct... and maybe its due to the declining value of the dollar?

Could very well be the case. Swiss watch brands, which as many know tend to be all the higher end brands, have had price increases like crazy. Just in the last year some as many as three, and is mostly do to the dollar losing strength against the swiss Franc. If Minelab is based out of Australia it's probably the same situation as the Australian dollar is pretty strong right now. I really have no idea if that's the case but don't expect anything to get cheaper. I'm glad I'm good for both watches and detectors, but who knows what's next and when it will stop.