COE Bidding – March 2023

[Arogab]

Why this thread only @Jamesc one person talking only 😆

[inlinesix]

On 3/17/2023 at 5:59 AM, yishunite said:

Ok lets say car is worth OMV of $102k. Germany sell at $127k according to article. So dealer made $25k profit. Fair.

But the article says tax came out to just under $370k. Plus OMV of $102k, total is $470k. But selling price in sg is $636k... so dealer made $166k profit margin or 30% more than the entire cost of the car sold in Germany or 160% profit margin on OMV?

Singapore buyers truly carrot lol

In Germany, it starts from 740d with a price tag from EUR116k (without option).  3L Diesel turbo.

In Singapore, it starts from 735.  2L turbo.

I don't where the price of this article get.

OMV for BMW is ex-factory price. Ex-factory price could be 10% above cost to avoid transfer pricing issues.

The margin we calculated includes BMW Asia margin.

[inlinesix]

On 3/17/2023 at 9:45 AM, Arogab said:

Why this thread only @Jamesc one person talking only 😆

You scare he lonely 

[Arogab]

On 3/17/2023 at 9:00 AM, inlinesix said:

You scare he lonely 

I finally finish lots of work plans and looking at results 😂

Can come here tok kok a bit

[inlinesix]

On 3/17/2023 at 10:11 AM, Arogab said:

I finally finish lots of work plans and looking at results 😂

Can come here tok kok a bit

I noticed it since Monday

[Arogab]

On 3/17/2023 at 9:21 AM, inlinesix said:

I noticed it since Monday

Monday I was still not clear of it. Thing got cleared only after yesterday's final meeting. Haha, I went for a 4 hours driving range practice with my sales guy, preparing him to go with me on the green with customers......see, I always get people to do it for me. Haha 

[inlinesix]

On 3/17/2023 at 10:26 AM, Arogab said:

Monday I was still not clear of it. Thing got cleared only after yesterday's final meeting. Haha, I went for a 4 hours driving range practice with my sales guy, preparing him to go with me on the green with customers......see, I always get people to do it for me. Haha 

This is call succession planning

😂

[Jamesc]

On 3/17/2023 at 9:45 AM, Arogab said:

Why this thread only @Jamesc one person talking only 😆

I heard he is a car dealer and trying to get more sales and he won't pay MCF for advertising.

[Confusedboi]

On 3/14/2023 at 2:02 PM, kelaihoyin said:

Taking basic cost of the latest Civic and removing OMV of 25k, gov is earning ~125k, which is 5x OMV. 

 So the average man pays more in terms of percentage than the rich. 🤨 equality.🤥

 

That’s why you hardly see the new civic around on the road. Not to mention detuned specs to squeeze into CAT A

[Mkl22]

On 3/17/2023 at 11:07 AM, Confusedboi said:

That’s why you hardly see the new civic around on the road. Not to mention detuned specs to squeeze into CAT A

can easily retune via hondata.

[Jamesc]

Complain all you want about greedy car dealers making obscene profits

but who is the fool giving us their money?

[Philipkee]

On 3/17/2023 at 1:33 PM, Jamesc said:

Complain all you want about greedy car dealers making obscene profits

but who is the fool giving us their money?

To be fair, I took their biscuits and coffee also.

[Jamesc]

On 3/20/2023 at 11:28 AM, Philipkee said:

To be fair, I took their biscuits and coffee also.

You are helping us!

When you come and take the biscuits and coffee other kiasu customers think you come to buy.

So many time I tell the other customer you are eyeing the same car as them.

And they always sign in the dotted line immediately.

If you never come how to make them kancheong spider and want to buy?

Edited March 20, 2023 by Jamesc

[Philipkee]

On 3/20/2023 at 11:44 AM, Jamesc said:

You are helping us!

When you come and take the biscuits and coffee other kiasu customers think you come to buy.

So many time I tell the other customer you are eyeing the same car as them.

And they always sign in the dotted line immediately.

If you never come how to make them kancheong spider and want to buy?

Going to Volvo and Ferarri nao.  Hope I will get commission. 

[Yongwd]

A storm is arising? Pretty quiet day, lets see after 345pm today

 

[Themman]

I think this round Cat B will go up up. 3.20pm already taken up.

[uramasa]

CAT B TO the MOON!!!

[darviathan]

seems like today another record breaking day