4 9 3 0 =DB=B3
I wonder what kind of company Black Helicopter Repair Services is?
Not one I would do biz with based on Gary's postings. Do you own the
company? I hope so because your boss wouldn't want your signature
associated with your comments I am sure.
"Wickeddoll®" wrote in
And it's kind of academic, anyway. The sort of people who buy the most
expensive cars are not concerned about the cost of keeping them.
My brother-in-law is sales manager of a Lexus dealership in Calgary. He
tells me very few buyers finance their purchases. Money is evidently not an
issue with these purchasers.
"Wickeddoll®" wrote in
Those idiots deserve what they get.
The take out leases with minimum down and giant buybacks. And even then
they're looking at a monthly payment of $1000.
Such stupidity, just so they can look cool to their friends and
How do they discount cars that occasionally need to be moved?
High-end products are rarely to never discounted, as the value of the
brand is protected.
For instance, plenty of individually owned high-end BMW's are initially
leased, and not for the reasons you'd think. BMW hides the cash and
discounts in factory sweetened leases, at the end of which owners may or
may not buy the car for cash. These are not bank leases, but directly
Similar ideas are used to help sell things like private aircraft, luxury
real-estate, etc... that aren't moving as well as the seller wants.
Stated prices are NOT lowered, and the item doesn't go "on sale."
Leases of high-end products have to be good enough for the buyers to
capitalize on the opportunity cost of the money and see an overall
advantage in the big picture, vs. the reasons financing deals are sold
on lower-end products. It's also not uncommon in the business world to
"carry paper" to help sell something.
The owner rating for the 2001 Echo on Edmunds is, even after 6 years on the
road, a 9.0. That car was an excellent value and the owners can easily
shrug off any disparaging remarks.
Ditto for the Prius. Several friends and acquaintances own them now and
they're perfectly happy with the comfort, performance, reliablity and value.
B A R R Y wrote in
That's a good question and I don't know the answer. I'll have to ask
next time I talk to him.
He tells me there is no negotiation on price. What is quoted is what is
paid, and nobody dickers. I suppose when you're that high up the food
chain, the cost of a motor vehicle is chump change.
They have a used car (sorry, "pre-owned") department too. It has a mix
of Lexuses, Toyotas and a few other makes.
Yeah, that's what has me curious now. They must eventually wind up with
unsold stock at some point.
Not from a BMW-owned finance company?
Toyota has an independent but wholly owned company called "Toyota Motor
Credit Corporation" (TMCC), which handles leases and loans for Toyota
You've mentioned lots of stuff I never thought of. I've printed this off
and will ask next time I talk to him.
On Fri, 24 Aug 2007 22:42:35 +0000 (UTC), Tegger
Only to people who don't have it.
Trust me, wealthy people, maybe with the exception of some
entertainer-types or lottery winners who came into money easily,
actually do look at the price. The "dickering" on high end items
usually involves the level of service and after sale commitment that
goes with the stated price, creating a value. If the value isn't
there, there's no deal.
It's not about specific price, but perceived value.
Exactly, _the_ BMW finance company.
There you go.
I'm from Florida - there are roaches there big enough to vote. Doesn't
matter how well-off you are, they're in your house *somewhere* - you just
have to keep them at bay.