2010 - new 5 series pricing
- Thread starter platinum88
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Re: 2010 - new 5 series pricing
The OMV for the base F10 is quite low, just over 50K. Even at current CatE COEs, it brings the cost to about 180K thereabouts. Even if COE hits 50K, they should be OK for them....Talk about bringing in a new model with a splash. PML must be really going after market share this year.
The OMV for the base F10 is quite low, just over 50K. Even at current CatE COEs, it brings the cost to about 180K thereabouts. Even if COE hits 50K, they should be OK for them....Talk about bringing in a new model with a splash. PML must be really going after market share this year.
Re: 2010 - new 5 series pricing
There isn't much overtrade for the 5-series, is there? Only the $3k discount. If there is a further increase in COE this round, the price may go up again. But, there is really only so much that a buyer will tolerate, though. The rate of increase is already quite mind boggling.
etan1;532641 said:
There isn't much overtrade for the 5-series, is there? Only the $3k discount. If there is a further increase in COE this round, the price may go up again. But, there is really only so much that a buyer will tolerate, though. The rate of increase is already quite mind boggling.
Slater
Well-Known Member
Re: 2010 - new 5 series pricing
like what bro kentonna said, premium of coe vs price of such inelastic cars wouldnt dent consumer interest too much
really depends on how much COE goes up. if few K they will prolly hold firm. they have already held it from 18k to 26k coe. but when they move, they move alot.bimmernic;532659 said:
like what bro kentonna said, premium of coe vs price of such inelastic cars wouldnt dent consumer interest too much
etan1
Well-Known Member
Re: 2010 - new 5 series pricing
did not check re F10, but was referring generally to discounts / overtrades offered when I bought the e60.
One thing for sure is that the prices will go up again with COE increases.
For how long can consumers tahan the increase? Where is the upper limit for F10, 523 base model? $250k? $275k? There must be some point that tests ithe inelastic demand.
bimmernic;532659 said:
did not check re F10, but was referring generally to discounts / overtrades offered when I bought the e60.
One thing for sure is that the prices will go up again with COE increases.
For how long can consumers tahan the increase? Where is the upper limit for F10, 523 base model? $250k? $275k? There must be some point that tests ithe inelastic demand.
Re: 2010 - new 5 series pricing
Don't think that we will get to see the days of $20-30k over trades, leading to a $157k 525 (e60) in Feb 09, anytime soon.
The 523 (F10) base is the equivalent of the 525 (E60). The $14k difference between the base and the high line model is in the additional options. So, unless PML comes out with a detuned 2.5l (a la the 523 (E60)) and call it a 520, there won't be a lower cost entry level model. All we need now is another aerospace show
Don't think that we will get to see the days of $20-30k over trades, leading to a $157k 525 (e60) in Feb 09, anytime soon.
The 523 (F10) base is the equivalent of the 525 (E60). The $14k difference between the base and the high line model is in the additional options. So, unless PML comes out with a detuned 2.5l (a la the 523 (E60)) and call it a 520, there won't be a lower cost entry level model. All we need now is another aerospace show
bmwmonster
Well-Known Member
Re: 2010 - new 5 series pricing
As commented by Slater, Big players are Big players......i truly agree.
These folks has all the right management people to play around and lead the market. The same goes to C&C. They too will not subdue to such situation easily.
Only the smaller brands will suffer. And customers buying from entry level car will probably be subjected to torture.....top up top up to collect your car. Else lose your deposits.
As commented by Slater, Big players are Big players......i truly agree.
These folks has all the right management people to play around and lead the market. The same goes to C&C. They too will not subdue to such situation easily.
Only the smaller brands will suffer. And customers buying from entry level car will probably be subjected to torture.....top up top up to collect your car. Else lose your deposits.
Enlightenment
Active Member
Re: 2010 - new 5 series pricing
Assuming $75 000 OMV for 535i and $50 000 COE, you're looking at base cost of only $220 250. So the margin in this case is fat. Let's see if they bid aggressively. After all if you can sell but cannot fulfill, that's essentially no sales made. So they may bid really high to secure the COEs and the price increment may be to accommodate armageddon scenarios like $80 000 COE.
Assuming $75 000 OMV for 535i and $50 000 COE, you're looking at base cost of only $220 250. So the margin in this case is fat. Let's see if they bid aggressively. After all if you can sell but cannot fulfill, that's essentially no sales made. So they may bid really high to secure the COEs and the price increment may be to accommodate armageddon scenarios like $80 000 COE.
good to sell my car then...lolfulloption
Member
Re: 2010 - new 5 series pricing
Juz left PML showroom n parted my $ for a 535. Was monitoring the COE and head down once i saw it crossed $45k. Apparantly, i was told that there will be another road of price increase from 3pm tml.. something like the last round which i missed!
Dun wish to miss the boat again... I was told that i can have a special viewing this fri...
Juz left PML showroom n parted my $ for a 535. Was monitoring the COE and head down once i saw it crossed $45k. Apparantly, i was told that there will be another road of price increase from 3pm tml.. something like the last round which i missed!
Dun wish to miss the boat again... I was told that i can have a special viewing this fri...
Slater
Well-Known Member
Re: 2010 - new 5 series pricing
what special viewing u refering to? F10?
yup. was updated by sales guy as well. price will increase.fulloption;533200 said:Juz left PML showroom n parted my $ for a 535. Was monitoring the COE and head down once i saw it crossed $45k. Apparantly, i was told that there will be another road of price increase from 3pm tml.. something like the last round which i missed!
Dun wish to miss the boat again... I was told that i can have a special viewing this fri...
what special viewing u refering to? F10?
fulloption
Member
Re: 2010 - new 5 series pricing
yap.. not confirm though as they are sorting out with the event company...
damn heng, juz received an SMS from my sales guy that they cant take in anymore orders from now on. No extension like the previous road. Luckily i booked and he had keyed in for MGT approval! Reli like IPO launch.
:woottt:
yap.. not confirm though as they are sorting out with the event company...
damn heng, juz received an SMS from my sales guy that they cant take in anymore orders from now on. No extension like the previous road. Luckily i booked and he had keyed in for MGT approval! Reli like IPO launch.
:woottt:
