Innocuous 3rd Gear September 30, 2017 Share September 30, 2017 What is the deal about? The deal is , u buy E class, they give u S Class :P)~~~~~ ↡ Advertisement 1 Link to post Share on other sites More sharing options...
F10_Blackhawk 4th Gear September 30, 2017 Share September 30, 2017 The deal is , u buy E class, they give u S Class :P)~~~~~ Good one! Haha. Did you bite? Actually I think the promo offered is not too bad. I calculated the net discount is probably around $35-40k? So the net price of an E200 is around $220k (using an E200 Avg as example). Compared to initial launch last year , it’s probably an additional $20k discount. For those looking to get an E200k, this is not a bad time to consider. But if can wait, I think AD still have additional $5-10k margin to play with for times when they need to push for sales. This private sale is probably to counter the launch of G30 520i 2 Link to post Share on other sites More sharing options...
Innocuous 3rd Gear September 30, 2017 Share September 30, 2017 Good one! Haha. Did you bite? Actually I think the promo offered is not too bad. I calculated the net discount is probably around $35-40k? So the net price of an E200 is around $220k (using an E200 Avg as example). Compared to initial launch last year , it’s probably an additional $20k discount. For those looking to get an E200k, this is not a bad time to consider. But if can wait, I think AD still have additional $5-10k margin to play with for times when they need to push for sales. This private sale is probably to counter the launch of G30 520i Neither did I buy NOR bite ! Link to post Share on other sites More sharing options...
Spring Moderator September 30, 2017 Share September 30, 2017 Good one! Haha. Did you bite? Actually I think the promo offered is not too bad. I calculated the net discount is probably around $35-40k? So the net price of an E200 is around $220k (using an E200 Avg as example). Compared to initial launch last year , it’s probably an additional $20k discount. For those looking to get an E200k, this is not a bad time to consider. But if can wait, I think AD still have additional $5-10k margin to play with for times when they need to push for sales. This private sale is probably to counter the launch of G30 520i A friend of mine went n he said the OT was $20k n the list price of the car was $268,888 E200 exclusive, how u manage to get $35-$40k? 3 Link to post Share on other sites More sharing options...
Innocuous 3rd Gear September 30, 2017 Share September 30, 2017 (edited) A friend of mine went n he said the OT was $20k n the list price of the car was $268,888 E200 exclusive, how u manage to get $35-$40k? E 200 - $260, 888 Avant G E 200 - $268,888 Exclusive Interesting, has to be onsite to under this promotion Edited September 30, 2017 by Innocuous Link to post Share on other sites More sharing options...
Spring Moderator September 30, 2017 Share September 30, 2017 E 200 - $260, 888 E 250 - $268,888 Your friend probably refer to E250 model , which they are not running promotion He sent this to me n said it was e200 exclusive $268888 4 Link to post Share on other sites More sharing options...
Innocuous 3rd Gear September 30, 2017 Share September 30, 2017 (edited) He sent this to me n said it was e200 exclusive $268888 Yeap u r right . I just checked, the 268,888 was for E 200 elegance model . Not sure this E200 promotion include elegance range . How life my friend , long time no hear . Your "son" has changed car again hahahaha Just found out , his mum is my age, hence I can be his dad too ! :)P Edited September 30, 2017 by Innocuous 2 Link to post Share on other sites More sharing options...
Freeder Hypersonic September 30, 2017 Share September 30, 2017 (edited) He sent this to me n said it was e200 exclusive $268888Heard OT at $35,000 for Mercs cars..Till this weekend only,, As usual.. Edited September 30, 2017 by Freeder 2 Link to post Share on other sites More sharing options...
camrysfe 5th Gear September 30, 2017 Share September 30, 2017 A friend of mine went n he said the OT was $20k n the list price of the car was $268,888 E200 exclusive, how u manage to get $35-$40k?Maybe they have different ot for different customers? Pml was offering 35k ot last week for the g30 530i Link to post Share on other sites More sharing options...
Spring Moderator September 30, 2017 Share September 30, 2017 Heard OT at $35,000 for Mercs cars.. Till this weekend only,, As usual.. 5 Link to post Share on other sites More sharing options...
Freeder Hypersonic September 30, 2017 Share September 30, 2017 Wha so good? Looks like my friend got shortchanged then cos he only got $20k OT last evening for his Benz e200 almost 8yr old car. The SE was the SE who sold him his Benz previously.[/quote Think the OT depends on the Mercs model.. my Frd's car coming 10yrs old S class model.. 3 Link to post Share on other sites More sharing options...
F10_Blackhawk 4th Gear September 30, 2017 Share September 30, 2017 A friend of mine went n he said the OT was $20k n the list price of the car was $268,888 E200 exclusive, how u manage to get $35-$40k? I first checked sgcarmart to determine how much used car dealers are selling my car for. I then deduct $15k from it to estimate how much they would offer my used car. After which, i compared it with what C&C offered and it’s around $35k higher. Then if you want, can also add in the $5k service credits, Insurance rebates $1.2k. For reference, I’m driving an Edition E E200. Somebody is selling 1 for 188,888k in Sgcarmart. 2 Link to post Share on other sites More sharing options...
Innocuous 3rd Gear October 1, 2017 Share October 1, 2017 Has anyone ordered E200 during this weekend promotion ? Link to post Share on other sites More sharing options...
camrysfe 5th Gear October 4, 2017 Share October 4, 2017 Mercedes-Benz E-Class Saloon Promotion at Cycle & Carriage Industries Hotline: 62981818 Own the E-Class with total savings of $27,000 including attractive overtrade, service credits, insurance credits and more. It features 9G-TRONIC transmission that offers unrivalled agility as well as fuel efficiency with faster and easier gear shifts, while the 64-colour ambient lighting can be customised to suit your mood. In addition, anticipating your need for safety and convenience, the 360-degree camera along with Parking Pilot, enables easier parking and maneuvering. Make an intelligent decision today. Visit the Mercedes-Benz Center for a test drive today. Link to post Share on other sites More sharing options...
Innocuous 3rd Gear October 5, 2017 Share October 5, 2017 Mercedes-Benz E-Class Saloon Promotion at Cycle & Carriage Industries Hotline: 62981818 Own the E-Class with total savings of $27,000 including attractive overtrade, service credits, insurance credits and more. It features 9G-TRONIC transmission that offers unrivalled agility as well as fuel efficiency with faster and easier gear shifts, while the 64-colour ambient lighting can be customised to suit your mood. In addition, anticipating your need for safety and convenience, the 360-degree camera along with Parking Pilot, enables easier parking and maneuvering. Make an intelligent decision today. Visit the Mercedes-Benz Center for a test drive today. Are you one of the sales-person in C&C ? Link to post Share on other sites More sharing options...
Heman75 Supercharged October 5, 2017 Share October 5, 2017 I first checked sgcarmart to determine how much used car dealers are selling my car for. I then deduct $15k from it to estimate how much they would offer my used car. After which, i compared it with what C&C offered and it’s around $35k higher. Then if you want, can also add in the $5k service credits, Insurance rebates $1.2k. For reference, I’m driving an Edition E E200. Somebody is selling 1 for 188,888k in Sgcarmart. for me .. only 3 simple rules .. 1. their profit should not be more than 60k for E level . Lexus should be around 40k. 2. trade in car value should be like what u mentioned market price less 15k. 3. 3yrs warranty and service free, can be in form of service credit. if can push further will be 4. incar camera, solar film and GPS i will be happy with above. to me overtrade is just discount for the new car as they mark up too high. 2 Link to post Share on other sites More sharing options...
camrysfe 5th Gear October 5, 2017 Share October 5, 2017 Are you one of the sales-person in C&C ?Nope 1 Link to post Share on other sites More sharing options...
F10_Blackhawk 4th Gear October 5, 2017 Share October 5, 2017 (edited) for me .. only 3 simple rules .. 1. their profit should not be more than 60k for E level . Lexus should be around 40k. 2. trade in car value should be like what u mentioned market price less 15k. 3. 3yrs warranty and service free, can be in form of service credit. if can push further will be 4. incar camera, solar film and GPS i will be happy with above. to me overtrade is just discount for the new car as they mark up too high. Interesting analysis. It was my gut feel that it’s a decent deal. And so I went to check what’s the cost:- https://www.onemotoring.com.sg/content/onemotoring/en/lta_information_guidelines/buy_a_new_vehicle/car_cost/_jcr_content/main_par/download/file.res/Car_Cost_Update.pdf From the above, the E250 AVG total costs comes up to around $205k incl COE at $53k. If I consider the overtrade of $35k, the profit is probably around $40k. On the other hand, the OMV is roughly the actual ‘cost of goods’ for C&C. Maybe you can add a few thousands of local costs eg, 1) Service Credit $5k 2) Warranty $2k ( factory covers 2 yrs) 3) In-Car camera, solar film $1k 4) Some car grooming stuff $2k Total Costs is around $67k (omv $57k). Actually if I consider item 1 to 4 which I did not need to even nego, the profit is around $30k. Thus the gross profit margin is approx 38% before fix overheads. IMO, it is a very decent business model. Tell me how many brick and mortar business can generate such gp margin year after year? Maybe property firms but their risk is quite high. Edited October 5, 2017 by F10_Blackhawk ↡ Advertisement Link to post Share on other sites More sharing options...
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