Rexman Neutral Newbie July 15, 2008 Share July 15, 2008 (edited) Got the car from AD and OMV is > 10% less than what was quoted verbally to me before I signed on the dot. Will OMV fluctuate that much? Edited July 15, 2008 by Rexman ↡ Advertisement Link to post Share on other sites More sharing options...
Jdm77 Neutral Newbie July 15, 2008 Share July 15, 2008 really depends on the dealer. Link to post Share on other sites More sharing options...
Falc 3rd Gear July 15, 2008 Share July 15, 2008 Verbal commitment by the SE is as good as buy/sell call from brokers. If nothing is put down in black and white, there's probably also nothing you can do about it. Link to post Share on other sites More sharing options...
Rexman Neutral Newbie July 15, 2008 Author Share July 15, 2008 What about the dealer? Can explain? Link to post Share on other sites More sharing options...
Leepee 1st Gear July 16, 2008 Share July 16, 2008 Explain more please. So that we can get a clearer picture. What car? Which AD? I would think the SE anyhow misquote a higher spec car OMV, while you are only buying the lower end spec? Link to post Share on other sites More sharing options...
Schneider79 Clutched July 16, 2008 Share July 16, 2008 AD saleperson chut stunt ??? Sure or not ??? Link to post Share on other sites More sharing options...
Falc 3rd Gear July 16, 2008 Share July 16, 2008 Many times leh ... if the past OMV is $20K, they will likely tell me $22-$25K if I ask them. So best is go to Onemotoring website to look at past records since this is AD. Link to post Share on other sites More sharing options...
Watwheels Supersonic July 16, 2008 Share July 16, 2008 Got the car from AD and OMV is > 10% less than what was quoted verbally to me before I signed on the dot. Will OMV fluctuate that much? Yes. Mostly due to currency. eg. SG$ against Japanese Yen. cos OMV is the cost of manufacturing the car plus shipping cost. Shipping & logistics are quite consistent except for the currency part. My car's OMV is 21k+ 2years back but recent same model is 19k+ near to 20k cos due to weak Yen. Link to post Share on other sites More sharing options...
Princey_anne 1st Gear July 16, 2008 Share July 16, 2008 Mine car bought in June 2006 OMV was 20K, without cash back it is 68K plus. Now I like the new Crossroad OMV 18K brand new is 74K. COE is about the same, I wonder has the prices of car gone up or I bought it cheaper in the past? Link to post Share on other sites More sharing options...
Watwheels Supersonic July 16, 2008 Share July 16, 2008 Crossroad is from PI, most likely PI under declare the OMV. Link to post Share on other sites More sharing options...
Ahliew Neutral Newbie July 16, 2008 Share July 16, 2008 wah. changing your car soon? Link to post Share on other sites More sharing options...
Princey_anne 1st Gear July 16, 2008 Share July 16, 2008 My current car also from PI, now PI make more $$$$. Link to post Share on other sites More sharing options...
Princey_anne 1st Gear July 16, 2008 Share July 16, 2008 No lar, just looking lah. I can't afford to change car, I want to drive the same car for 10 years. Link to post Share on other sites More sharing options...
Falc 3rd Gear July 16, 2008 Share July 16, 2008 Yes. Mostly due to currency. eg. SG$ against Japanese Yen. cos OMV is the cost of manufacturing the car plus shipping cost. Shipping & logistics are quite consistent except for the currency part. My car's OMV is 21k+ 2years back but recent same model is 19k+ near to 20k cos due to weak Yen. Actually the yen has been moving withing 0.0127-0.0133 range for the past 2 years. So it is not like the currency has been on the slide. I think it is the under-declare trick, importers can argue that the model is getting old, so they manage to buy at a lower price from Japan, thus implying lower OMV. ↡ Advertisement Link to post Share on other sites More sharing options...
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