Quote:
Originally Posted by jamier9
Dead serious!! In Singapore only there is only one BMW authorised dealer with one showroom, so more a less a monopoly.
A good portion of the car price goes to the many government taxes.
However, did some calculations based on that and figured out that the BMW authorised dealer is making an average profit of around US$56000 - US$64000 per BMW car sold regardless of model.
|
What about parallel imports?
The 528 is HKD 380k price, 228k tax = USD49k ex.tax
There is very little margin there, Sime Darby same co. .. why is it so expensive in SG then?
I won't complain about getting ripped off buying BMWs in hk..