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Glyuen

China car AD are really making a huge profit margin

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Figures taken from "Cost (S$) For Cars Registered in June 2009" from LTA

 

the left figure is for basic car cost inclusive of ave omv,arf,custom tax,gst,COE. the right figure is the dealer selling price with COE.

 

are china cars THAT cheap? let the figures speak for themselves... of course conti makes the profit margin is higher...but for budget car? hmmm

 

CHERY A5 1.6 MT 30,143 50,999 --> 20k profit

CHERY QQ 0.8L MANUAL 24,335 35,999 --> 10.5k profit

CHERY T11 1.6 MT 33,731 55,999 ---> 22k profit

 

 

 

CHEVROLET AVEO 1.4MT 34,709 48,199 --> 14k profit

HONDA CIVIC 1.6L 5AT 68,665 82,800 ---> 14k profit

HONDA JAZZ 1.5L A 68,485 80,100 ---> 12k profit

KIA CERATO FORTE 1.6(A) 44,499 50,499 ---> 6k profit

KIA RIO 1.4 AT 2WD 5DR 35,853 42,499 ---> 7k profit

MITSUBISHI LANCER 1.6 CVT SPORTS GLX 42,911 50,988 ---> 8k profit

NISSAN LATIO 1.5L AT ABS D/AIRBAG 2WD 4DR 54,207 65,500 ---> 10k profit

TOYOTA COROLLA ALTIS 1.6 AUTO 51,768 67,988 --> 16k profit

 

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seriously, that's why buying kia makes more sense in this economic climate.

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Title misleading for this year

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Title misleading for this year

 

Because someone go bump a thread from 2009... [laugh]

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