Brent,
First I have hardly ever paid $300, let alone $400 or more for any of my locos. My most expensive single piece is a Rivarossi 2-6-6-6 for which I paid $295. A few others have been in the two hundred + range. Most have only been in the $100 to $200 range and many have been less than $100.
My roster is mostly Bachmann Spectrum steam, Proto steam, some BLI/PCM steam, and 1st generation diesels from Proto, Intermountain, Genesis, and some Bachmann. I have well over 100 powered units. If the prices where higher, I would likely have less pieces and spent the same money.
None are DCC, none are sound (anymore). I run on DC and don’t like onboard sound.
My point is this, the “retail” prices of these locos mean nothing, many of the locos I own have “retail” prices from $250-$500. What really matters is what you can buy them for. I bought most of mine new, yes, from discounters, on sale, on closeout, whatever.
Even if the manufacturers could make these items here and keep the retail prices within the additional 25% you suggest (I doubt they could), they would also more than likely have to get away from the deep wholesale discounts now inplace that allow a Bachmann loco with a $225.00 list price to be commonly sold for $130.00.
The current sale at Factory Direct trains is a perfect example. BlueLine Mikado’s, two for the price of one, or $125 each. I have two already, dollar cost averaged, that’s all I paid - $125 for a loco with a $250 retail price.
So the real price increase of domistic production would be 50-100% or more and sales would plumit.
As to quality, I have had no serious problems with the quailty of any of the locos mentioned above. And, when I have had problems the product was fixed or replaced with one that worked just fine. Why would I pay more?
Sheldon