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scotty_buttons wrote:PariaMan wrote:The hard part is all the taxes imposed when you are buying a vehicle
What in effect you are buying is (maybe almost 50 % ) a tax
All this while the people implementing this are getting their vehicles tax free
This.
Even though I can afford a new vehicle comfortably, I almost definitely won’t go the route of taking a 7, 8 or 10 year loans.
I rather go local used. New is not a good value for my money in my books.
agent007 wrote:If we were not entangled in this pandemic situation, it would have been awesome for LSM to do the launch with Will Smith!
Anyhoo, to answer Joshie, we all know dealerships must make a profit. With demand lessened and with a forex crisis, it means we have a supply problem to battle with. So, to combat this, the dealers will restructure and trim the fat and still raise prices of their lineup. They may be selling less units but post restructure and with increased pricing, the markups remain healthy.
The association cartel would have advised the power that be to revise the statutory taxes to be paid to give the illusion to the public that it was a govt measure that is making new cars unreachable for many. It was just an excuse to raise prices. If the govt removes all taxes, the dealers will not pass those true savings unto us. Similarly, with increased taxes, they will guise their mandatory percentage markup to ensure profitability no matter what.
It’s a win win situation for them. The cartel then works with the biggest chain up system known to mankind and that is the banking sector. By offering 7, 8 and even up to 10 year loans at 0% down and 3.99% interest (as Nemisis pointed out). This would be the narco state’s response to ensuring we the working class people can drive a brand new vehicle.
Think why Visham et al. was complaining re: foreign used market. They pushing for the authorized dealerships to survive whilst grey market imports will have to suffer. The roro market has its days numbered. You can’t beat the new vehicle dealership cartel nor can you beat policies created out of collusion from the financial sector.
It’s a question of the haves vs the have nots. The middle class would be eroded slowly but surely. Now, for the salaried person who get away from the axe, if he/she so chooses to buy a brand new car, imagine the slavery of having to pay back for a car over a period of 10years. That is insane. What kind of salary do you really need to be earning to satisfy the 40% TDSR requirement whilst paying for a vehicle, a house and a family to take care of which comes with bills and responsibilities?
I can go on and on but let me stop there before they arrange to silence me.
PariaMan wrote:The hard part is all the taxes imposed when you are buying a vehicle
What in effect you are buying is (maybe almost 50 % ) a tax
All this while the people implementing this are getting their vehicles tax free
agent007 wrote:... Then there's presentation. You go to see a used vehicle and inside/outside the car stink and they looking scruffy. If owners can be so lackadaisical then imagine the treatment the vehicle got whilst in their possession.....
DJ Q wrote:agent007 wrote:... Then there's presentation. You go to see a used vehicle and inside/outside the car stink and they looking scruffy. If owners can be so lackadaisical then imagine the treatment the vehicle got whilst in their possession.....
My car always stink but always well maintained with service logs to show.
Need to fix that for 2021 though
Gladiator wrote:Went to Southern Sales last year to view a vehicle. The showroom didn't have the model so the rep carry me to the yard. The vehicle was kept in a horrible condition, grime, dirt, all rotors rusty, windscreens could hardly see through, mud on tires.... turn me off one time.
Looks like they are finally building a new showroom... Customer comfort and service seems to be pretty far down on their priority list tho.carluva wrote:I had the same experience a few years ago with POS branch when looking at a Mazda.
Plus their Mazda showroom is so run down and disgusting.Gladiator wrote:Went to Southern Sales last year to view a vehicle. The showroom didn't have the model so the rep carry me to the yard. The vehicle was kept in a horrible condition, grime, dirt, all rotors rusty, windscreens could hardly see through, mud on tires.... turn me off one time.
agent007 wrote:..Invest in vehicle carriers like we see them in the US for example. It avoids new vehicles from getting stone chips and from getting dirty unnecessarily..
drchaos wrote:You are so right even Jamaica have vehicle carriers for delivery from port to showroom..
Gladiator wrote:So a questions for those that are knowledgeable on Audis
I asked the sales rep for a spec sheet on the 2020 A4. The car comes with a 2.0L Turbocharged engine. However it only makes 150HP.
Why would Audi have such a large displacement turbocharged engine doing so little HP? Especially while Mercedes doing 160HP from a 1.4L Turbocharged engine on their mid size sedans... did the sales rep make a mistake?
trinigamer wrote:KIA Seltos new price is $231k, more than a Sportage.
Capleton wrote:trinigamer wrote:KIA Seltos new price is $231k, more than a Sportage.
Heard that the Niro (presently out of stock) would be priced at $239K (Dynamic) and $271K (Exclusive).
zando wrote:Wow madness yes, I'd buy a van yes, heard tax concessions stay on those.Capleton wrote:trinigamer wrote:KIA Seltos new price is $231k, more than a Sportage.
Heard that the Niro (presently out of stock) would be priced at $239K (Dynamic) and $271K (Exclusive).
Capleton wrote:zando wrote:Wow madness yes, I'd buy a van yes, heard tax concessions stay on those.Capleton wrote:trinigamer wrote:KIA Seltos new price is $231k, more than a Sportage.
Heard that the Niro (presently out of stock) would be priced at $239K (Dynamic) and $271K (Exclusive).
Yep, pick-ups would fall under commercial vehicles, so they would not be affected.
A172 wrote:Agent I know you were interested in laser lights so here you go.
the tech is nothing short of amazing
Lafast said 60k to spec lasers lol
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