Blame yourself not others

[Lengendcf]

This whole thing is about the non-guaranteed coe by BM?

 

If topped up $1k for the guaranteed coe, and the coe crashed or remains the same, they will blame the SE for bluffing the $1k due to "Like many have said, BM never failed within 6 bids".

 

Now those who never topped up the $1k, this time coe increases by a lot, blame BM for not getting the coe??

 

Since want to save $1k and gamble(with a almost 90% of getting the coe) and now can't get the coe, start crying foul. Cannot be right? We are all grown ups.

 

I am not BM supporter, just say this as a neutral party.

 

[Fedup-camry]

Despite whatever the car sales person promise you verbally, I believe they want you to get your car. Simply, no car delivery, means no comm.

 

Imagine that BM sales person who closed many non-guaranteed COE CNY promo deals, guess how is he feeling right now? Not only did he not get his comm, he probably will have many customers haunting him. Besides, there is expiry for approved bank loan applications. If it exceeds a certain duration, this sales person probably need to redo all the bank applications again. He can't do anything if BM doesn't want to release the cars to his custs.

 

Like I have mentioned previously, you want the car, you have to top. Ask for the magic number & you will get your car. Otherwise, negotiate to take deposit back and walk away from the deal. In any case, you will still need to pay higher prices for other cars based on current COE.

 

You decide.

 

 

was told, prior to this COE increase, BM was letting people go (both sales & workshop)

[Damienic]

how come? poor business? even the no.1 best selling AD in SG had to do this? then wonder wat might happen to the rest..

[Roh96]

At this level of COE and car price i doubt the sales will be good. They don't need so many SE now so i won't be surprise some AD will start to lay off their staff. Time for 2nd hand dealers to make a come back.

[Nimm12]

this is a fair world

some peple win some people lose

cannot be everyone win right?

 

for eg, i bought my car just 1 month+ ago early 2010, depreciation per yr calculated to be 5.1k then

now with high COE, high new car price, high resale car price, my same car is worth yearly depreciation 6k+ now (ie if i sell this car in resale market now)

there's 6yrs left for my COE, means on paper i earn at least $6k , and i expect this figure to go up in the next 1yr or so

(who say buy car always lose $?)

 

on the other hand, for people who paid deposit to buy new car 1month+ ago and is faced with 40k COE now, what to do?

either forfeit the deposit buy 2nd hand car, or buy the new car at high COE price

 

same period of time, depend on what decision u make, u can win or lose

Edited March 25, 2010 by Nimm12

[Little_prince]

cars at 50k got ppl buy

 

car at 100k also will have ppl buy...

 

why you worry about them...

 

that time a corolla sell at 120k who worried about us?

[Osiris]

it applies to all things a sales person may say.

I remember an article on newspaper how much salary enough to buy car

 

one AD commented i think 4K, PI say 4K is for people who wants to buy BMW

 

4K monthly buy BMW, might as well jump first

[Pufferfish1]

in fairness, i bought my first lexus from bm. no problem collected my car in 10days time with a discount. the SE was very pro

[Darryn]

how come? poor business? even the no.1 best selling AD in SG had to do this? then wonder wat might happen to the rest..

 

Number of COE from April first is to be cut by 28%. So by neccessity sales at dealerships are going to plummet.

 

Convential wisdom is that in a tightening market of high COE, "cheaper" brands bear a disproportionate impact. So compared to, say the Jan to March p[eriod, the April to June period may see a drop in sales of more than 30% for Toyota. (and for other budget Japanese / Korean brands also)

Edited March 25, 2010 by Darryn

[Tigerwoods]

cars at 50k got ppl buy

 

car at 100k also will have ppl buy...

 

why you worry about them...

 

that time a corolla sell at 120k who worried about us?

Yes Yes Yes last time COE was $100k and Nissan Sunny was selling at $150k...

[Leepee]

Interesting.....lay off...or maybe their commissions and income will go down 28% as well.

So those salesman who got high leverage in condos and nice cars may panic, and desperate to make a deal with as many car buyers as possible now.

 

Anyway....I think these same salesman will be fighting over each other in the showroom to get your deal.

 

So if you bargain hard....maybe salesman will still want to take your deal. Rather then let his other colleagues earn in the reduce quota period!

 

 

At this level of COE and car price i doubt the sales will be good. They don't need so many SE now so i won't be surprise some AD will start to lay off their staff. Time for 2nd hand dealers to make a come back.

 

[Freestylers09]

Caveat Emptor

 

 

so familiar these words...

 

ya!Caveat Emptor!

[Damienic]

Number of COE from April first is to be cut by 28%. So by neccessity sales at dealerships are going to plummet.

 

Convential wisdom is that in a tightening market of high COE, "cheaper" brands bear a disproportionate impact. So compared to, say the Jan to March p[eriod, the April to June period may see a drop in sales of more than 30% for Toyota. (and for other budget Japanese / Korean brands also)

 

so its really a bad time to be a new car SE...C&C just recruited some late last year...seems like the newbies would find it hard to do well given in this sort of situation..

 

[Shanhz]

in fairness, i bought my first lexus from bm. no problem collected my car in 10days time with a discount. the SE was very pro

 

just check out the profit margin on lexus and you'll know why service comes at a price

Edited March 25, 2010 by Shanhz

[Limbat]

 

Guys,

 

I 1st paid (not bid) s$3022 for my 8 years old Datsun Sunny 120Y so i can drive it for another 10 years. Then saw COE went to over 100k & drop to s$2 - ppl still buying cars. Now the COE quota is drop/adjust/reduce watever - pls buy if u need a car otherwise it is yearly depreciation regardless of high or low. Do your sums b4 buying - it is jus demand & supply in play.

[Picanto]

I knew the high COE price from yesterday

[Picanto]

just check out the profit margin on lexus and you'll know why service comes at a price

 

 

you think people in the market for a lexus would care about BM profit margin?

[Yuan]

I knew the high COE price from yesterday