Jump to content

  • 1
  • Search this thread
  • Reply to this topic
18 replies to this topic | 0 praises

#1

Posted 16 February 2014 - 11:11 PM

Thegodzilla
  • THREAD STARTER
  • Thegodzilla
    2nd Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    148
      Joined: 22 December 2006
      Posts: 86
     

Hi!

Just want to understand how do this deals come about?

Please refer to 

http://www.onemotori...e/car_cost.html

 

Close to bottom of link

refer to 

"Car Prices

Click the following link for detailed breakdown of car costs:
(based on new cars registered in Jan 2014)"

 

No. 33 BMW M5

No. 177 Lexus GS250

 

Both at "below cost".

 

Are the dealers actually not making money of this couple of sales?

 


Edited by Thegodzilla, 16 February 2014 - 11:12 PM.


#2

Posted 16 February 2014 - 11:58 PM

Tiger1
  • Premium member
    Tiger1
    6th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    4,658
      Joined: 27 December 2010
      Posts: 1,309
     
If car dealers can believe, pigs can climb tree. You believe?

#3

Posted 17 February 2014 - 06:38 AM

Wt_know
  • Wt_know
    2Fast2Furious
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    47,009
      Joined: 07 March 2005
      Posts: 22,991
     
sun rise from west and set in east
do you believe?

#4

Posted 17 February 2014 - 08:09 AM

GLZT
  • Premium member
    GLZT
    6th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    4,392
      Joined: 21 July 2010
      Posts: 2,488
     
I'm sure some dealers made no profit or even loss for certain transactions due to miscalculation of coe and aggressive strategies. Just like the K3 launch case. Some of the bros here got the car for 94k with 70k+ coe.

But I'm sure premiums car dealers probably wouldn't make such loss due to their high profit margin.

Unless maybe its a clearance sale of some sort, I noticed the 370z has got a 50k discount from tan Chong, and now it's removed from the car list in tan chong, the sales probably not doing good, so they may not want to bring in after the clearance sale. Anyone can confirm this?

#5

Posted 17 February 2014 - 09:02 AM

Ichibawa
  • Premium member
    Ichibawa
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,450
      Joined: 28 May 2008
      Posts: 1,865
     

Nobody will have the sanity to set up a business to lose money. 



#6

Posted 17 February 2014 - 09:59 AM

Vhtfhwlego
  • Premium member
    Vhtfhwlego
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    11,808
      Joined: 11 January 2010
      Posts: 7,340
     

If everyone thinks like you, there wouldn't be Bugatti Veyron.

Known fact, it loses $6m per car sold.

 

 

 

Nobody will have the sanity to set up a business to lose money. 

https://www.google.c...=active&start=0

 

 http://www.businessi...on-2013-10?IR=T


24th Aug 2006, we lost a planet!

#7

Posted 17 February 2014 - 10:08 AM

OmOm
  • OmOm
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,109
      Joined: 23 May 2009
      Posts: 714
     

Yes, it is possible. I had bought a brand new car from an AD locally and they had incurred about $20k of loss from the sale to me due to a combination of factors: miscalculation of OMV/PARF and COE projection going wrong for them.

 

 

Hi!

Just want to understand how do this deals come about?

Please refer to 

http://www.onemotori...e/car_cost.html

 

Close to bottom of link

refer to 

"Car Prices

Click the following link for detailed breakdown of car costs:
(based on new cars registered in Jan 2014)"

 

No. 33 BMW M5

No. 177 Lexus GS250

 

Both at "below cost".

 

Are the dealers actually not making money of this couple of sales?

 

 


Om Mani Padme Hum

#8

Posted 17 February 2014 - 10:15 AM

Meanmachine
  • Premium member
    Meanmachine
    Supercharged
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    5,519
      Joined: 10 September 2010
      Posts: 3,130
     

Nobody would believe that dealer sell cars at cost, but i did on 2 occasions.

 

Donkey years ago, sold Passat at $XX, two half months later saw the same car at c/p, went forward ask the owner how much he bought, same $XX.

 

Sold my IS250 @$XY, dealer showed me the cost upon my take in price,coz thy made fork my trade-in, hence, my IS was 1st owner, well taken care car.


Disclaimer: Some content may not be accepted by all as we are not trained counseller / adviser, we seek your tolerant. My advice is based on experiences / exposure/s committed to give an honest & direct answer, no profanity & accusation to be taken of any kind, in an event that it misfired, it should be taken as a pinch of salt. Thank you !

#9

Posted 17 February 2014 - 10:20 AM

Meanmachine
  • Premium member
    Meanmachine
    Supercharged
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    5,519
      Joined: 10 September 2010
      Posts: 3,130
     

If car dealers can believe, pigs can climb tree. You believe?

   

 

    I have to agree with you, but somehow not all dealer have the same mentality, I do come across some dealer who are genuine and honest though.

 

    Pig may not climb tree, but they do taste a lot better- Char Siew , pork knuckle & Bah Kut Teh.


Disclaimer: Some content may not be accepted by all as we are not trained counseller / adviser, we seek your tolerant. My advice is based on experiences / exposure/s committed to give an honest & direct answer, no profanity & accusation to be taken of any kind, in an event that it misfired, it should be taken as a pinch of salt. Thank you !

#10

Posted 17 February 2014 - 10:22 AM

Myxilplix
  • Myxilplix
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    15,341
      Joined: 22 May 2012
      Posts: 5,704
     

With the amount of volume they push, there might be an occasional miscalculation especially in our crazy retard car market.

 

For the M5, maybe they take the hit or take small margins just to push some halo cars out on to the road. There's always the benefit on the marketing side which you sometimes can't put a price to.


A line of paint on a road holds more authority than I ever will.

#11

Posted 17 February 2014 - 10:25 AM

Ichibawa
  • Premium member
    Ichibawa
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,450
      Joined: 28 May 2008
      Posts: 1,865
     

Based on all their initial pricing strategy, its all to make money. 

 

Given that Bugatti sells enough units per year, won't they make money?

If everyone thinks like you, there wouldn't be Bugatti Veyron.

Known fact, it loses $6m per car sold.

 

 

 

https://www.google.c...=active&start=0

 

 http://www.businessi...on-2013-10?IR=T

 



#12

Posted 17 February 2014 - 10:50 AM

Astrid
  • Astrid
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    1,212
      Joined: 20 January 2005
      Posts: 885
     
ADs sometimes drop price for models they plan to stop bringing in ... not necessarily discontinued ones, but for example, when COEs were rising quickly in 2010/11, many dealers stopped bringing in the smaller cars.

Got my Korean 1.4L back then for $43K only, on a $35K COE
And with deal sweeteners like leather steering wheel, leather gear stick knob and leather gear stick base cover.

Can say they sold it at a loss, at guaranteed COE.
COE jumped up after signing S&P agreement - but C&C still honored the contract.

Edited by Astrid, 17 February 2014 - 10:52 AM.


#13

Posted 17 February 2014 - 11:33 AM

Vhtfhwlego
  • Premium member
    Vhtfhwlego
    NOS-ed
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    11,808
      Joined: 11 January 2010
      Posts: 7,340
     

Based on all their initial pricing strategy, its all to make money. 

 

Given that Bugatti sells enough units per year, won't they make money?

 

It is? I'm not too sure.

But I'm sure that they dont have a projection to make $ even when there is demand for it.

 

a main chuck of loses are for R&D development, branding & marketing.


24th Aug 2006, we lost a planet!

#14

Posted 17 February 2014 - 11:37 AM

Ichibawa
  • Premium member
    Ichibawa
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    2,450
      Joined: 28 May 2008
      Posts: 1,865
     

Its stated in the article. Anyway.. similar to the Veyron, LFA from Lexus is also sold below cost if you factor in all other expenses. Then again, these cars serve other purpose other than to generate income. The publicity they bring in is priceless.

It is? I'm not too sure.

But I'm sure that they dont have a projection to make $ even when there is demand for it.

 

a main chuck of loses are for R&D development, branding & marketing.

 



#15

Posted 17 February 2014 - 12:56 PM

Ashflames
  • Ashflames
    1st Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    53
      Joined: 15 June 2011
      Posts: 9
     

If everyone thinks like you, there wouldn't be Bugatti Veyron.

Known fact, it loses $6m per car sold.

 

 

 

https://www.google.c...=active&start=0

 

 http://www.businessi...on-2013-10?IR=T

 

The "cost" of the veyron is base on estimate that they "could have earn" if using the normal formula for a production car.

 

Just like our HDB "making losses" every year. [sweatdrop]



#16

Posted 18 February 2014 - 11:32 AM

Roberttan
  • Roberttan
    5th Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    1,783
      Joined: 19 February 2002
      Posts: 1,839
     

honestly speaking , our NEW car cost can be calculated from the OMV / PARF or ARF / GST / duties / COE

It is true some new cars are sold at LOST

may be due the COE (in hand) is Expire soon or some other commercial factors



#17

Posted 03 July 2018 - 06:12 PM

masonreynolds
No, if the dealer sells the car at a low price, then he will not get the service charge. So it's impossible that dealers can't sell cars below cost.

#18

Posted 06 July 2018 - 10:19 AM

cshelly
  • cshelly
    Neutral Newbie
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    0
      Joined: 06 July 2018
      Posts: 5
     

One of my (at dealership) told me that sometimes they have to let car go on low price, for example if new year model is on the way and their lot of full with previous/current year model. Also, big dealers can get incentives also from manufacturer if their sales are good, so overall they will be in gain, no matter how :-)



#19

Posted 06 July 2018 - 02:17 PM

mistergoh
  • mistergoh
    2nd Gear
    The points of the user determines the rank. The higher the points, the higher the rank.
    Author Image
    The bar represents the rank and points of the user. The longer the bar, the higher the rank and points.
     
    Points:
    Points are accumulated from other users who Praise or Disliked this users' posts.
    162
      Joined: 06 June 2018
      Posts: 127
     

Some yes. due to the commitment they gave to manufacturers, they have to bring these cars in our shore and when there is a new facelift, they need to lelong. 


s2000
FD2R
335
IS250
W212


  • 1
Back to General Car Discussion  ·  Cars Top Reply to this topic
SgCarMart Quotz



Quick Reply



Tags: bmw

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users