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The BMW Range
5 Series
E60, E61
What are your thoughts on the parallel imported cars?
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<blockquote data-quote="k3nny" data-source="post: 328241" data-attributes="member: 139"><p>affan66: Point well taken. The Lexus im considering is from the parallel importer! <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /> Which is why its a GS3"5"0 as opposed to the GS300 they sell locally whilst my E60 525i M-sport is from AB so im really on both sides of the fence. Im just trying to see what people's opinions are.</p><p> </p><p>I think in that case then the prices for the CKD/CBU local cars + parallel imports should be regulated to reflect a similar price so that there is no sudden decrease in second hand value or price just because some joke of a parallel importer was unable to get rid of his stock and henceforth underdeclares the duty or backdates the year by 1 year etc etc.</p><p> </p><p>We all know the Lexus GS was launched in 06 globally and yet there are 05 GS350's in our market? hmmm.</p><p> </p><p>I think regardless of whether or not they borrow 95% (and bear in mind, you need to have the credentials to satisfy the financial institutions before they borrow you 95%, which is much harder to get than a 50% loan so it really throws this i borrow more so i have less money theory out of the window), if the laws of the free market works and he is living beyond his means, he will have to sell the car in due time and it will depreciate accordingly in a predictable manner if the market was sans parallel imports. </p><p></p><p>I think its not a matter of how much one borrows or how much one has but its a matter of how much one has to lose just to have the peace of mind of a BMW Malaysia/BMW AG backed warranty.</p><p> </p><p>And as such, those that opt for it are forced to lose SO MUCH due to UNREGULATED parallel imports flooding the market.</p><p> </p><p>If you walked into a VW dealership in Melbourne and said hey, i want to buy a Touareg now and dont declare the duty, just leave it at the port when it arrives, im gonna send it down to Malaysia, they are prohibited from KNOWINGLY doing it.</p><p></p><p>If you buy it, register it and deregister it and ship it out, its your own problem. They do this for a reason. To ensure that cars of certain spec/certain value are destined for certain markets and they are able to ensure that the market position of said cars are not eroded prematurely before the said time.</p><p> </p><p>But with Malaysia and its parallel imports, what the hey.</p></blockquote><p></p>
[QUOTE="k3nny, post: 328241, member: 139"] affan66: Point well taken. The Lexus im considering is from the parallel importer! :) Which is why its a GS3"5"0 as opposed to the GS300 they sell locally whilst my E60 525i M-sport is from AB so im really on both sides of the fence. Im just trying to see what people's opinions are. I think in that case then the prices for the CKD/CBU local cars + parallel imports should be regulated to reflect a similar price so that there is no sudden decrease in second hand value or price just because some joke of a parallel importer was unable to get rid of his stock and henceforth underdeclares the duty or backdates the year by 1 year etc etc. We all know the Lexus GS was launched in 06 globally and yet there are 05 GS350's in our market? hmmm. I think regardless of whether or not they borrow 95% (and bear in mind, you need to have the credentials to satisfy the financial institutions before they borrow you 95%, which is much harder to get than a 50% loan so it really throws this i borrow more so i have less money theory out of the window), if the laws of the free market works and he is living beyond his means, he will have to sell the car in due time and it will depreciate accordingly in a predictable manner if the market was sans parallel imports. I think its not a matter of how much one borrows or how much one has but its a matter of how much one has to lose just to have the peace of mind of a BMW Malaysia/BMW AG backed warranty. And as such, those that opt for it are forced to lose SO MUCH due to UNREGULATED parallel imports flooding the market. If you walked into a VW dealership in Melbourne and said hey, i want to buy a Touareg now and dont declare the duty, just leave it at the port when it arrives, im gonna send it down to Malaysia, they are prohibited from KNOWINGLY doing it. If you buy it, register it and deregister it and ship it out, its your own problem. They do this for a reason. To ensure that cars of certain spec/certain value are destined for certain markets and they are able to ensure that the market position of said cars are not eroded prematurely before the said time. But with Malaysia and its parallel imports, what the hey. [/QUOTE]
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What are your thoughts on the parallel imported cars?
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