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Offline NSX

  • The Cow Whisperer

  • Joined: Apr 2006

  • Drives: Honda NSX
  • Location: Adelaide
#0: Fri, 13 May, 2016 - 10:09 - ...
GoAutoNews uses international currency parity tool of Big Mac hamburger prices across different countries to determine Australia's car prices are cheaper than in NZ.

http://goautomedia.cdn.on.net/gan_premium/GoAutoNews_Premium_Newsletter_006.pdf


Offline TomE


  • Joined: Aug 2010

  • Location: ADL
#1: Fri, 13 May, 2016 - 10:36 - ...
Quote from: NSX on Fri, 13 May, 2016 - 10:09
GoAutoNews uses international currency parity tool of Big Mac hamburger prices across different countries to determine Australia's car prices are cheaper than in NZ.

http://goautomedia.cdn.on.net/gan_premium/GoAutoNews_Premium_Newsletter_006.pdf

Wow. "Currency is too unreliable so lets use Big Mac Hamburgers to do our calculations".


Offline dkabab

#2: Fri, 13 May, 2016 - 10:41 - ...
BMI - Big Mac Index / Body Mass Index.... Kinda the same thing I guess


Offline UserName


  • Joined: Apr 2016

  • Location:
  • Drives:
#3: Fri, 13 May, 2016 - 11:48 - ...
the lengths the rent seekers will go to to keep the rort alive


Offline ferrarista2


  • Joined: Mar 2010

  • Drives: Slowly
  • Location: Sydney
#4: Fri, 13 May, 2016 - 18:00 - ...
Quote from: NSX on Fri, 13 May, 2016 - 10:09
GoAutoNews uses international currency parity tool of Big Mac hamburger prices across different countries to determine Australia's car prices are cheaper than in NZ.

http://goautomedia.cdn.on.net/gan_premium/GoAutoNews_Premium_Newsletter_006.pdf
Everywhere you go in the world, Big Mac meals are similar in price.
8 euro
8 us
8 aud
8 gbp
It's hard to determine and this is just to confuse you
Everything looks better in carbon fibre


Offline mondi

  • Resident Bogan
  • Moderator

  • Joined: Jul 2008

  • Location:
  • Drives:
#5: Fri, 13 May, 2016 - 18:35 - ...
Quote from: ferrarista2 on Fri, 13 May, 2016 - 18:00
Everywhere you go in the world, Big Mac meals are similar in price.
8 euro
8 us
8 aud
8 gbp
It's hard to determine and this is just to confuse you

Are you talking equivalent to Aussie dollars or in local dollars in each country??? 

Last time I saw the price index, a Big Mac in the USA was $4.80 and the rest of the world was priced against the US dollar.

The cheapest is $1.75 right up to $7.85 so I can't see how they are priced the same around the world.........

The Big Mac Index has been around for a long time.


Offline mondi

  • Resident Bogan
  • Moderator

  • Joined: Jul 2008

  • Location:
  • Drives:
#6: Fri, 13 May, 2016 - 19:04 - ...
Big Mac Index:

Image

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AE | Cars (Moderator: andecorp)

Parallel Imports and a Big Mac


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