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Allergic2BunnyEars wrote:cryotec wrote:Updated breakdown to address incorrect tax rates and use a more reasonable shipment rate. Based on these calculations, every $1 increase in the cost of vehicle, or CIF for that matter, yields the increase of $1.4 to the final price.
Interesting work but all those prices are for LHD vehicles that possibly also benefit from being built in North America and thus avoid certain taxes. Would be even more interesting if RHD vehicles are used from other markets like UK or even Japan. Thanks for the good work so far.
carluva wrote:SLVR1 wrote:Wow you have been busy.
But SLVR1, you should have been well aware of this. After all, you do work for or benefit from a dealership.
carluva wrote:Allergic2BunnyEars wrote:cryotec wrote:Updated breakdown to address incorrect tax rates and use a more reasonable shipment rate. Based on these calculations, every $1 increase in the cost of vehicle, or CIF for that matter, yields the increase of $1.4 to the final price.
Interesting work but all those prices are for LHD vehicles that possibly also benefit from being built in North America and thus avoid certain taxes. Would be even more interesting if RHD vehicles are used from other markets like UK or even Japan. Thanks for the good work so far.
was gonna say the same thing....
Do the different costs represent different model specs? Cause I notice the local price remains constant at 310k...
cryotec wrote:Included UK and JP. Prices sourced from official Honda website for each respective country in the case of UK https://www.honda.co.uk/cars/new/cr-v/overview.html#configurator/hub/summary?isCarConfigurator=true&grade=S&engine=150-M6-2WD&colour=BKR-513&accessories=17-alloy-wheel and JP https://www.honda.co.jp/CR-V/webcatalog/type/gasoline/, from SLRV1 for US and telfer for Canada. Uk has a 5 year servicing offer for 600 pounds :O.
I included other prices for USA/Canada for a quick view on how different prices will affect the final outcome, hence, I did not change the retail price of 310k.
slacker_83 wrote:Rell price dicussion here.... New 2WD Leather CRV could cost the dealership north of 23000. So do allyuh maths (MVT,Duties, then VAT on that total) and you could calculate the mark up. That mark up then would include overheads and profit. I could give the exact figure of the mark up but then the discussion would stop lol... ohh and the 1% might shut down my account :/
supernedd wrote:We could go back n forth bout dealership robbery prices .. and all u still going to buy it .. I've been scrolling thru threads as far back as 2009 .. I've seen people comment.. yea this new van too expensive.. i not buying. 1year later.. everyone buy n complaining.. then a upgrade out n more expensive. They buy again.. one day ..we really have to come together n make a stand .. bet all them businessmen bawl n beg
Well said ... p.s. .. if all u know all u vehicle have fault n giving headache.. warn us right away... don't wait for us to buy one n askagent007 wrote:Hey guys, it appears I clearly missed out a lot in the recent discussions in here. May I with respect point out that it is clear most of you all dont have a clue on how local dealerships operate and with good reason because many of their pricing practices and strategies are not public knowledge.
There are 6 authorized dealership groups in TT and all I can tell you guys without ruffling any feathers is this: there is a crossover vehicle that was mentioned here quite recently where whether you want to believe it or not, because frankly I am not asking you to believe me and I dont care if you do or dont, but coming back to this crossover vehicle, the dealer makes approximately $100k in profit per sale. There is another dealership that sells a 4x4 SUV and the markup is approx. $300k. Take it for what it's worth.
I would suggest going forward though, instead of trying to discuss information that you have no idea about and populating this thread with typical trini banter, how many of you all actually purchased a new vehicle and tried sharing constructive information for those who actually rely on forums like this to make a wise purchasing decision?
Clearly most of you all in here are in the upper echelons of society so please, Im asking kindly to really share your purchasing stories with fellow users, tell us how was your experience, the discounts you got, what led you to the vehicle and perhaps share some of your parts and service costs with us. I have done so a few times on different vehicles and I challenge you all to do same. Let's stop trying to one-up each other (I surely get it, you all are rich, informed and connected) and really help each other and leave the trolls to disappear.
Thanks tuners.
U see when the vehicle start costing more.than land... i better find a suitcase of money...to pay for it... lolAllergic2BunnyEars wrote:supernedd wrote:We could go back n forth bout dealership robbery prices .. and all u still going to buy it .. I've been scrolling thru threads as far back as 2009 .. I've seen people comment.. yea this new van too expensive.. i not buying. 1year later.. everyone buy n complaining.. then a upgrade out n more expensive. They buy again.. one day ..we really have to come together n make a stand .. bet all them businessmen bawl n beg
I did my part. Brought in used vehicle. 423k for a Miata? Crazy.
agent007 wrote:Hey guys, it appears I clearly missed out a lot in the recent discussions in here. May I with respect point out that it is clear most of you all dont have a clue on how local dealerships operate and with good reason because many of their pricing practices and strategies are not public knowledge.
There are 6 authorized dealership groups in TT and all I can tell you guys without ruffling any feathers is this: there is a crossover vehicle that was mentioned here quite recently where whether you want to believe it or not, because frankly I am not asking you to believe me and I dont care if you do or dont, but coming back to this crossover vehicle, the dealer makes approximately $100k in profit per sale. There is another dealership that sells a 4x4 SUV and the markup is approx. $300k. Take it for what it's worth.
I would suggest going forward though, instead of trying to discuss information that you have no idea about and populating this thread with typical trini banter, how many of you all actually purchased a new vehicle and tried sharing constructive information for those who actually rely on forums like this to make a wise purchasing decision?
Clearly most of you all in here are in the upper echelons of society so please, Im asking kindly to really share your purchasing stories with fellow users, tell us how was your experience, the discounts you got, what led you to the vehicle and perhaps share some of your parts and service costs with us. I have done so a few times on different vehicles and I challenge you all to do same. Let's stop trying to one-up each other (I surely get it, you all are rich, informed and connected) and really help each other and leave the trolls to disappear.
Thanks tuners.
carluva wrote:agent007 wrote:Hey guys, it appears I clearly missed out a lot in the recent discussions in here. May I with respect point out that it is clear most of you all dont have a clue on how local dealerships operate and with good reason because many of their pricing practices and strategies are not public knowledge.
There are 6 authorized dealership groups in TT and all I can tell you guys without ruffling any feathers is this: there is a crossover vehicle that was mentioned here quite recently where whether you want to believe it or not, because frankly I am not asking you to believe me and I dont care if you do or dont, but coming back to this crossover vehicle, the dealer makes approximately $100k in profit per sale. There is another dealership that sells a 4x4 SUV and the markup is approx. $300k. Take it for what it's worth.
I would suggest going forward though, instead of trying to discuss information that you have no idea about and populating this thread with typical trini banter, how many of you all actually purchased a new vehicle and tried sharing constructive information for those who actually rely on forums like this to make a wise purchasing decision?
Clearly most of you all in here are in the upper echelons of society so please, Im asking kindly to really share your purchasing stories with fellow users, tell us how was your experience, the discounts you got, what led you to the vehicle and perhaps share some of your parts and service costs with us. I have done so a few times on different vehicles and I challenge you all to do same. Let's stop trying to one-up each other (I surely get it, you all are rich, informed and connected) and really help each other and leave the trolls to disappear.
Thanks tuners.
Well said OP, but not to derail and since this thread is also to discuss prices, to your knowledge is there anything that can be done to reduce this ridiculous profit and make vehicle prices more competitive and affordable?
carluva wrote:Aside from that cause we all know that you didnt and i wont, but as supernedd said, others will.
No regulations or laws that can work in consumers' favour?
agent007 wrote:
The reality is, dealers like Co. D would like year over year growth like any company because its a business not a charity. Why go through the hassle to create and sustain marketing strategies which incurs a cost to Co. D and simply adds to overheads when you can renegotiate with the auto manufacturer ie. Co. A to reduce supply but yet make your growth targets forecasted to shareholders through the board of directors when you can sell 100 compact crossovers for an approximate transaction price of $350k per unit to derive $35M in revenue for this particular crossover thus giving rise to a profit of $10M (at 28.6%) to Co. D. The $25M went into CIF, Duty, MVT, VAT, sales commission, insurance, registration, fuel, plates, wash boy cost and general PDI costs etc.
As opposed to selling 200 of those same crossovers which requires more forex at an avg transaction price of $300k per unit (because Co. D feeling sorry for the population and they want to make the vehicle more affordable) thus as a result, creating $60M in revenue but to drive a profit of $10M (at 16.7%) to Co. D. It means $50M went into the areas as identified above which Co. D doesnt care about.
Is the above example market forces?
quattro wrote:Anyone have any owner testimony on the full electric ioniq?
Also the headliner dropped in our 09 accord with <60k km. Really didn’t expect that. Usually parked under cover too
Allergic2BunnyEars wrote:quattro wrote:Anyone have any owner testimony on the full electric ioniq?
Also the headliner dropped in our 09 accord with <60k km. Really didn’t expect that. Usually parked under cover too
Japanese Accord or Euro Accord?
quattro wrote:Allergic2BunnyEars wrote:quattro wrote:Anyone have any owner testimony on the full electric ioniq?
Also the headliner dropped in our 09 accord with <60k km. Really didn’t expect that. Usually parked under cover too
Japanese Accord or Euro Accord?
Japanese, manufactured in japan according to the vin. Bought locally
quattro wrote:Anyone have any owner testimony on the full electric ioniq?
PariaMan wrote:How it working for him
ADONI wrote:quattro wrote:Anyone have any owner testimony on the full electric ioniq?
A co-work has one, that car is a real thief. I walk pass d man car and didn't realize he was in it. I just saw a quite car just suddenly began to move...
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