F10 @ ppml

Re: F10 @ ppml

ac323;648106 said:
Overtrade means PML will just minus off the amount from their selling price................eg: if the car is 300k and overtrade is 20k so now they will sell the car to you at 280k......




cheers

yes... but for this round with specific trade in... retail price is same... but the higher trade in is on your existing car.

in previous promotion where trade in is not required... they offset against new car prices straight away
 
Re: F10 @ ppml

Centurion9990;648002 said:
Nah... not feeling pain... PML gave me a market rate for my E90... Checked with sgcarmart :)

:chinese:

net net... you might have enjoyed 20K plus of over trades then.... so it is not too bad... and already better than last year end promos
 
Re: F10 @ ppml

ktnpl;648064 said:
The list price for a base model of 320i then was $131,800. The actual selling price was about $105K taking into consideration discounts, overtrade and vouchers. And that's before any loan rebate. But the base model then has no i-drive, no sun-roof, absolutely bare, so I opted for a 335i instead with 28K discount. Even 335i then has no sun-roof and no M-Sport suspension. They only they gave those options in a later batch. With so many iterations and changes, it's really hard to compare apple to apple. I guess that's their strategy.

agree.... changes in omv value ....hides the additional value brought to the customers...

had currency stays constant.... now the 318i/320i would have cost more.....with much higher specs...

318i specs right now... are better than 320i XL spec years back ... with sunroof, servotronic... folding mirrors...memory seats...

so can't really compare.
 
Re: F10 @ ppml

I tried spec'ing the current 320i on BMW UK and the final price was £36,310 or approx S$65,196.

Given the "cost" price is S$39K the general conclusion here is that the profit is approx S$25K before tax and shipping. I would say that's $203K - $30K = $173K thereabout is a fair price for an E90 320i here after adding all the atrocious taxes.
 
Re: F10 @ ppml

Blackstream;647877 said:
Quite a few as follows:

1. Sports steering with pedal shift
2. Dynamic driving control
3. 12GB hard disk
4. Reverse camera
5. Office software in navigation system professional

Ah..! Y the earlier version of highline dun come wif pedal shift and dynamic drive contrl.. -_-
 
Re: F10 @ ppml

good for you. next step ... MOD & MTL

audicious;648079 said:
agree. but I think they have reduced their margins in the recent promotion. reduce pricing... and offer higher specs.

F10... lowest price was 188 nett.. but coe 25K. OMV 37K pre-launch I think.

profit margin was almost 70-80K !!!!
 
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Re: F10 @ ppml

you are right.
anyway, i think there could be low few $k 'down' or added options to sweeten the deal :)

murphys33;648141 said:
http://www.onemotoring.com.sg/publi...ost.MainPar.0047.File.tmp/Car_Cost_Update.pdf

The base cost of a F10 highline is about 163k. I think PML maintains a margin of some 70-80k and this appears to be consistently adhered to. So overtrade or outright discount to selling price over list price are plays on psychology. Think we can do all the permutations and still arrive at the same profit margins.
 
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Re: F10 @ ppml

murphys33;648141 said:
http://www.onemotoring.com.sg/publi...ost.MainPar.0047.File.tmp/Car_Cost_Update.pdf

The base cost of a F10 highline is about 163k. I think PML maintains a margin of some 70-80k and this appears to be consistently adhered to. So overtrade or outright discount to selling price over list price are plays on psychology. Think we can do all the permutations and still arrive at the same profit margins.

It's not fair to judge this way. Got to BMW UK and configure a similar engine, similar spec'ed car. See how much it costs there and you can relate to the prices here. OMV is just an import cost price.
 
Re: F10 @ ppml

try to spec'd out a 335 or M3 in BMW US, see how much is the cost of the car.
anyway, PML F10 $70k-$80k profit margin "is seems about right" ... isn't it?

detach8;648143 said:
It's not fair to judge this way. Got to BMW UK and configure a similar engine, similar spec'ed car. See how much it costs there and you can relate to the prices here. OMV is just an import cost price.
 
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Re: F10 @ ppml

in business there's always discounts and other things that affect the import price. We can't be sure how PML dealt with their exporters/BMW AG. OMV is just one part of the equation. What is the car REALLY worth?

Why is somebody paying you $xxx a month. Do you have an OMV? Maybe your Masters Degree is the "OMV", but there's more to it... I'm sure you know what I mean.
 
Re: F10 @ ppml

wt_know;648144 said:
try to spec'd out a 335 or M3 in BMW US, see how much is the cost of the car.
anyway, PML F10 $70k-$80k profit margin "is seems about right" ... isn't it?


not that right for me... in any case, the prices of car here in singapore is never right. It's way too high!!!
 
Re: F10 @ ppml

I just configured something similar to the 523i Highline via BMW UK and it was £35K before tax or approx SGD $70K.

The OMV is surely under. But think about it, if the OMV was S$60K instead of S$45K, the price of the car would have been even higher.

Think about it... they have a building, showroom, salesman, service center and free coffee and cakes. These are all business expenses. If you really want it cheap, go PI or self import. But you have your risks.
 
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Re: F10 @ ppml

detach8;648071 said:
Interesting... I never knew that cos I bought my old E90 of the used market. I got called up by PML for "private sale" because I told them I bought this used car and would like to enquire about servicing, so they had me in their computer database.

Looks like we can't look at PML/C&C prices at surface value.

Thanks for sharing!

That's was what I did when I decided to buy my current e90 LCI. I looked at the used car prices in sgcarmart, then made a trip down to PML, told them, cut the chase, what's the final net price of the car? And guess what, it's cheaper than the used car. I bought it for $120K+ while the listed price was $150K+

Only the Japanese and koreans car prices are quite close to what they publish as their profit margin is quite thin and thus not much buffer to play with.

Whatever inflated prices that we are looking now is because of the damn paper COE which I feel bloody disgusted abt it, notwithstanding the low OMV of F10.

Cheers!
 
Re: F10 @ ppml

The price is about there. Got my previous E90 for $120k too, from $150k listed price. COE 14k. The F thing is the OMV is almost the same as my F10 now :wtf: asked my agent he say BMW AG set the value against the low euros, PML cannot do anything... Load of craps la :biggun:

flyboy;648155 said:
That's was what I did when I decided to buy my current e90 LCI. I looked at the used car prices in sgcarmart, then made a trip down to PML, told them, cut the chase, what's the final net price of the car? And guess what, it's cheaper than the used car. I bought it for $120K+ while the listed price was $150K+

Only the Japanese and koreans car prices are quite close to what they publish as their profit margin is quite thin and thus not much buffer to play with.

Whatever inflated prices that we are looking now is because of the damn paper COE which I feel bloody disgusted abt it, notwithstanding the low OMV of F10.

Cheers!
 
Re: F10 @ ppml

detach8;648146 said:
in business there's always discounts and other things that affect the import price. We can't be sure how PML dealt with their exporters/BMW AG. OMV is just one part of the equation. What is the car REALLY worth?

Why is somebody paying you $xxx a month. Do you have an OMV? Maybe your Masters Degree is the "OMV", but there's more to it... I'm sure you know what I mean.

Agree OMV is just part of the equation when you are buying the car but just imagine what the used car salesman will say to you when you are selling it away.... :)
 
Re: F10 @ ppml

IMHO used car dealers are the worst of the lot. That's because they're dealing in a high risk business themselves.

Used cars are DEPRECIATING assets. They may or may not sell. They take up lots of storage space. They may also be accident cars, or cars with traffic offenses in Malaysia, or have serious mechanical problems after the previous owner goofed up trying to mod their car.

In any case, they will tell you all sorts of shit to sell the car and also tell you more shit to buy your car at a price that reduces their risk, i.e. buy at "paper value" or more appropriately, near "tax refund" amount.

I got my old E90 used. It had an accident, probably not too major. STA inspection turns out to be a "B". How I knew was because I checked with PML *after* I bought the car. I mean, what can I do. Just suck it and drive.
 
Re: F10 @ ppml

Centurion9990;648175 said:
The price is about there. Got my previous E90 for $120k too, from $150k listed price. COE 14k. The F thing is the OMV is almost the same as my F10 now :wtf: asked my agent he say BMW AG set the value against the low euros, PML cannot do anything... Load of craps la :biggun:
BMW AsIa is the importer of BMW cars & motorcycles in Sg. Both PML and Munich are distributors. So, only BMW Asia can determine the OMV.
 
Re: F10 @ ppml

They don't determine the OMV per se, it's "declared" based on the import value. They have to work it out with BMW AG.

I do believe it sucks because GBP has been like shit ever since mid 2010.
 
Re: F10 @ ppml

Centurion9990;648175 said:
The price is about there. Got my previous E90 for $120k too, from $150k listed price. COE 14k. The F thing is the OMV is almost the same as my F10 now :wtf: asked my agent he say BMW AG set the value against the low euros, PML cannot do anything... Load of craps la :biggun:

Wts. Low Euro then BMW Asia dunno how to reduce the prices... :screwedu::screwedu:

Even Apple themselves can drop the Macbook prices here due to weak US$.
 

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