SZ_ford 5th Gear August 20, 2019 Share August 20, 2019 Wow ... so much discussion over whether Volvo is luxury brand or not. Anyway, I think Volvo kinda priced themselves out with profit margins of 2~3x OMVs. Buyers are not dumb, for this level of premium quantum, most would go for one of the 1A2B Germans. Rationally, it just does not make economic sense to go for Volvo as it is still perceived to be below 1A2B. Thus, we don't see that many Volvos around. However, car buying is sometimes an emotional thing... can explain whats 1A2B? is volvo overpriced? i not expert with these numbers. i did a quick search. Figures from Sgcarmart: volvo S90 omv 39k, selling at 202k merc e200 omv 55k, selling at 257k seems fair or not? ↡ Advertisement Link to post Share on other sites More sharing options...
Ixus75 3rd Gear August 20, 2019 Share August 20, 2019 can explain whats 1A2B? is volvo overpriced? i not expert with these numbers. i did a quick search. Figures from Sgcarmart: volvo S90 omv 39k, selling at 202k merc e200 omv 55k, selling at 257k seems fair or not? In Singapore context, volvo is ranked lower than big 3 German 1 Link to post Share on other sites More sharing options...
SZ_ford 5th Gear August 20, 2019 Share August 20, 2019 In Singapore context, volvo is ranked lower than big 3 GermanWho came up the ranking? Or just market perception? Link to post Share on other sites More sharing options...
pinto22sg 2nd Gear August 20, 2019 Share August 20, 2019 To me, Volvo is a luxury brand, just not as luxurious as BMW and Merc. It is just like luxury bags, there are different levels, e.g. LV and Hermes. Link to post Share on other sites More sharing options...
13177 Supersonic August 20, 2019 Share August 20, 2019 To me, Volvo is a luxury brand, just not as luxurious as BMW and Merc. It is just like luxury bags, there are different levels, e.g. LV and Hermes. I always wondering who define which car brand is luxury and what is their ranking? Link to post Share on other sites More sharing options...
SZ_ford 5th Gear August 20, 2019 Share August 20, 2019 just like how people prefer a certain brand but cant afford so end up buying the cheapest entry level car of that brand with a lack of features that even a b&b car has. an example is buying audi a1 just because you want the 4 circles branding but the interior is absolutely pathetic or getting A3 vs getting Octavia 1.4. getting an entry level conti for the brand is probably the worse decision when you can get a "luxury" jap/kimchi at the same price or even lesser. some people just dont realise that driving an entry level conti doesn't naturally upgrade your social status or give you an upgraded aura but deep down, people are just laughing and wondering what on earth are you thinking to spend so much...for an entry level conti. bro, ppl who buy an entry level conti car is not necessarily looking to 'up their social status', if there's such a thing. there are so many reason to buy a car; like the looks, like the brand; like how a small car handles; maybe single, don't need big car i agree A1 is a tiny car, maybe it doesn't suit u, but suits someone who like a small, funky looking car and easy to park car. i surely won't be laughing at them I always wondering who define which car brand is luxury and what is their ranking? same here if u like, means rank very high in your own ranking lor haha Link to post Share on other sites More sharing options...
Lotr 6th Gear August 20, 2019 Share August 20, 2019 I always wondering who define which car brand is luxury and what is their ranking?Under vehicle type in Sgcarmart, E class, S90, Superb, Insignia are labeled as Luxury Sedan.. Link to post Share on other sites More sharing options...
pinto22sg 2nd Gear August 20, 2019 Share August 20, 2019 I always wondering who define which car brand is luxury and what is their ranking?General consensus, perhaps ? Link to post Share on other sites More sharing options...
SZ_ford 5th Gear August 20, 2019 Share August 20, 2019 Under vehicle type in Sgcarmart, E class, S90, Superb, Insignia are labeled as Luxury Sedan.. Link to post Share on other sites More sharing options...
ferrytales 4th Gear August 20, 2019 Share August 20, 2019 wow how did u get the profit margin? actually i heard a few ppl mention volvo omv is low. But i always have the impression for the same category of cars (xc60 vs glc or v40 vs a class) , volvo usually is cheaper. So i think it balance off but for sure volvo is never as popular as merc or bmw here its all stated in the lta website https://www.onemotoring.com.sg/content/dam/onemotoring/Buying/Car_Cost_Update/Car_Cost_Update.pdf Link to post Share on other sites More sharing options...
Lotr 6th Gear August 20, 2019 Share August 20, 2019 wow how did u get the profit margin? actually i heard a few ppl mention volvo omv is low. But i always have the impression for the same category of cars (xc60 vs glc or v40 vs a class) , volvo usually is cheaper. So i think it balance off but for sure volvo is never as popular as merc or bmw here Very simple layman way : selling price - total basic price. Of course some will say that this doesn't take into account AD's overhead but this is not transparent to me so I will ignore it. Link to post Share on other sites More sharing options...
inlinesix Supersonic August 20, 2019 Share August 20, 2019 its all stated in the lta website https://www.onemotoring.com.sg/content/dam/onemotoring/Buying/Car_Cost_Update/Car_Cost_Update.pdf Some of it could be useless information. Link to post Share on other sites More sharing options...
ferrytales 4th Gear August 20, 2019 Share August 20, 2019 Some of it could be useless information. why useless? Link to post Share on other sites More sharing options...
inlinesix Supersonic August 20, 2019 Share August 20, 2019 why useless?Toyota is imported by TMAP and distributed by BM. Knowing the margin doesn’t help in price negotiation Link to post Share on other sites More sharing options...
Mann123 4th Gear August 20, 2019 Share August 20, 2019 Luxury is subjective. Considering maximum financial situation allow someone to buy car: People Not able to buy car >> Any car is luxury for them People driving Perodua >> Honda/Toyota is Luxury for them People Driving Honda/Toyota >> Merc/BMW/Audi is Luxury for them People Driving Merc/BMW/Audi >> Porsche/Maserati is Luxury for them And so on to Rolls-Royce, Lamborghini , Ferrari etc i am not sure what is "True Luxury" definition haha. Maybe its "True Luxury" for us but ultra rich people consider that as basic or way below their standard. 2 Link to post Share on other sites More sharing options...
ferrytales 4th Gear August 20, 2019 Share August 20, 2019 Luxury is subjective. Considering maximum financial situation allow someone to buy car: People Not able to buy car >> Any car is luxury for them People driving Perodua >> Honda/Toyota is Luxury for them People Driving Honda/Toyota >> Merc/BMW/Audi is Luxury for them People Driving Merc/BMW/Audi >> Porsche/Maserati is Luxury for them And so on to Rolls-Royce, Lamborghini , Ferrari etc i am not sure what is "True Luxury" definition haha. Maybe its "True Luxury" for us but ultra rich people consider that as basic or way below their standard. i think true luxury will be rolls royce/bentley where you buy and get driven. Link to post Share on other sites More sharing options...
SZ_ford 5th Gear August 20, 2019 Share August 20, 2019 i think true luxury will be rolls royce/bentley where you buy and get driven. im sure many very rich ppl can afford bentley and be driven maybe true luxury is intertwined with exclusivity, being one out of the 10 of this......... https://www.wired.com/story/burn-dollar9-million-236-mph-new-bugatti/ Link to post Share on other sites More sharing options...
Ct3833 Supersonic August 21, 2019 Share August 21, 2019 Some of it could be useless information.Not true, the price and cost information can be used as reference, but most people buy car do not really take into consideration about dealer margins, their considerations are brand, what they like to buy, features and the one price that they are paying for. ↡ Advertisement Link to post Share on other sites More sharing options...
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