Munich OMV...
- Thread starter kcl211
- Start date
wobbles
Well-Known Member
Re: Munich OMV...
+1 what Kenntona said. Even "Free Hold" properties, once gazetted under the land acquisition act, have to LPPL give back to garhmen.
The biggest land owner, the biggest kahuna (sorry, bro Kenn, even longer than your 9" flaccid), the biggest badass = garhmen.
They are da man.
+1 what Kenntona said. Even "Free Hold" properties, once gazetted under the land acquisition act, have to LPPL give back to garhmen.
The biggest land owner, the biggest kahuna (sorry, bro Kenn, even longer than your 9" flaccid), the biggest badass = garhmen.
Re: Munich OMV...
In short, it is a parameter to measure how much you will lose. Salvage value in accounting, so to speak. For the same price, higher OMVs means you will lose less in 10 years, but some (dealers) will tell you you are "better off" as if you are buying an asset.
It serves its purposes if the diferences are huge. Else, if the entire market for the same or similar marques are suffering from the same LOW OMVs, the OMV is just a reflection of demand and supply.
In economics, you became a price taker. Nothing much you can do.
sszone said:
In short, it is a parameter to measure how much you will lose. Salvage value in accounting, so to speak. For the same price, higher OMVs means you will lose less in 10 years, but some (dealers) will tell you you are "better off" as if you are buying an asset.
It serves its purposes if the diferences are huge. Else, if the entire market for the same or similar marques are suffering from the same LOW OMVs, the OMV is just a reflection of demand and supply.
In economics, you became a price taker. Nothing much you can do.
Re: Munich OMV...
Next question
Are Munich and PML really purchasing the cars at the declared OMV prices? Or is there something going on behind the curtain?
A typically specced BMW M3 from UK costs £60,000. Taking away VAT, it's about £50,000. Throw in transportation costs, it is close to S$100,000 landed in Singapore. Perhaps, the cars are being sold to MA/PML at $100,000 but only declared at $80,000 through BMW Asia paperwork? Anybody knows better? In other words, to the dealers the cost of the car remains the same but they pay less tax.
Next question
Are Munich and PML really purchasing the cars at the declared OMV prices? Or is there something going on behind the curtain?
A typically specced BMW M3 from UK costs £60,000. Taking away VAT, it's about £50,000. Throw in transportation costs, it is close to S$100,000 landed in Singapore. Perhaps, the cars are being sold to MA/PML at $100,000 but only declared at $80,000 through BMW Asia paperwork? Anybody knows better? In other words, to the dealers the cost of the car remains the same but they pay less tax.
Re: Munich OMV...
I think it works both ways. With OMV, both the buyer and seller can estimate a car's scrap value and work backwards from year 10 to determine a "fair" price. And if you know roughly how fat a dealer's margin is, you'll be able to negotiate a bit more aggressively.
Otherwise bids and offers will become random numbers.
sszone;786917 said:
I think it works both ways. With OMV, both the buyer and seller can estimate a car's scrap value and work backwards from year 10 to determine a "fair" price. And if you know roughly how fat a dealer's margin is, you'll be able to negotiate a bit more aggressively.
Otherwise bids and offers will become random numbers.
wt_know
Well-Known Member
Re: Munich OMV...
resale not exceeding 5 years (i have not seen anyone who drive the same new car for 10 years)
75% x $100K OMV/ARF = $75K PARF rebate
75% x $80K OMV/ARF = $60K PARF rebate
it's a "fact" that the rebate is different by $15K
i know, one who buy car with $100K OMV not going to die by $15K difference but just my personal view
resale not exceeding 5 years (i have not seen anyone who drive the same new car for 10 years)
75% x $100K OMV/ARF = $75K PARF rebate
75% x $80K OMV/ARF = $60K PARF rebate
it's a "fact" that the rebate is different by $15K
i know, one who buy car with $100K OMV not going to die by $15K difference but just my personal view
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