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The BMW Range
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E60, E61
What are your thoughts on the parallel imported cars?
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<blockquote data-quote="k3nny" data-source="post: 328296" data-attributes="member: 139"><p>1. Sorry bro. I still cant agree that people are laughing at the prices we pay for our cars. They feel our pain, yes i agree but then again, i doubt they find it anything to laugh about.</p><p> </p><p>2. Im sure its easy to say maintenance and parts are easy and cheap if you look hard enough but saying and finding is a totally different thing right?</p><p> </p><p>Especially when your car is lying in the workshop? I doubt you would find an E60 active steering rack for anything REASONABLE. Dont even start on the gearbox.</p><p> </p><p>3. Hate to say this but chauffeured 5er is quite common. Me is one. I can refer you to another 7 off the top of my head. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p> </p><p>I can also refer you to 5 directors of public listed companies, most Dato' and one Tan Sri who drives his own car. Just doesnt like being driven. His bodyguard is in the passenger seat though so i really cant agree with the chauffeur being appropriate for any discerning businessman.</p><p> </p><p>I will however say that i have a driver because i drink very often and have the tendency to "overdo" it impairing my ability to get home sans driver.</p><p> </p><p>4. I would have to agree and disagree with you on that. I did a study on this actually for one of my final year thesis and even when i was working at CIMB, there was a seminar on income disparities that i attended. </p><p> </p><p>Ultimately, to study the per capita income of australians, which basically takes into consideration ALL Australians, is inappropriate. Especially to determine the ability to purchase a vehicle at any given price as that takes into consideration many different variables such as culture, cost of home ownership, availability of financing etc.</p><p> </p><p>All that aside, by studying your per capita income of Australian's, one will come to understand that there are many reasons why it is much higher than that of Malaysians.</p><p> </p><p>1. Currency is very much stronger (assuming the figures you quoted are in USD?)</p><p>2. Australia is a very very large country with a 21,468,700 2008 estimated population. Safe to assume many of these people "live off the land" especially in NT and WA. Plenty of land for farming and agricultural produce? Relatively cheap to obtain? </p><p> </p><p>3. Malaysia now already has 27,730,000 as of 2007 and not to mention the income disparity between the rich and the poor is very big? I think ultimately many countries have a lower per capita income ie:china?</p><p> </p><p>Go to Shanghai and see if you see many nice cars. Or tell me and ill send you photos from my recent business trip. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p> </p><p>They buy cars with WAY more ease than us malaysians. </p><p> </p><p>5. Yes i have. Funny thing if i havent seeing as im an ex investment banker. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite11" alt=":rolleyes:" title="Roll Eyes :rolleyes:" loading="lazy" data-shortname=":rolleyes:" /></p><p> </p><p>But nonetheless, the laws of the free market and the global economy do not always prevail. Our current credit crunch is one example. The US dollar is another example. Unlimited demand. Manipulation.</p><p> </p><p>Every economy has individual defining characteristics that define it as an individual economy/country on a global level and henceforth our evaluation of said market/economy and to a certain extent, the efficiencies of said economy has to be taken on an individual sense and then on a global sense.</p><p> </p><p>If the economy were truly global and laws of the free market were allowed to prevail, you go tell our government to allow the import of cars DUTYLESS or a set fixed duty of x% for EVERY nation globally. Henceforth vehicles moving from one nation to another cannot enjoy tax setbacks. Only advantages that are specific and unique to that specific market (ie: low mileage, high spec of jap cars) and then ill shut my mouth.</p><p> </p><p>In my view, the economy is not global in an ideal sense. But if you feel otherwise, please feel free to prove me wrong. </p><p> </p><p>6. Lastly, i think you've missed the point and i will repeat again what i posted above.</p><p> </p><p>My intention was to seek opinions on whether or not parallel imports should be allowed in if the cars are already brought in through official channels.</p><p> </p><p>But for argument sake, affluence is once again, something that is very subjective.</p><p> </p><p>You make the assumption that all affluent people are not calculative? That all affluent people look at the depreciation of RM200k as a pshh?</p><p> </p><p>Sad to say people get rich by saving/earning hard and not spending foolishly. Contrary to popular belief if i have to add too.</p><p> </p><p>I can show you a very rich man who has hung onto his W220 S350 because he cant stomach the losses that he will incur selling the car on the second hand market due to the amount of parallel imports for this car available now.</p><p> </p><p>Can you make the assumption that he isnt affluent? I can supply you guaranteed evidence otherwise that he is INDEED VERY affluent although a tad calculative if i must add.</p><p> </p><p>So im sorry if i beg to differ with your opinion that affluent people "dont mind" losing money for nothing and that amount is negligible. I believe even affluent people can be "money smart".</p><p> </p><p>Unless of course they are affluent by means of political connection, governmental assistance yada yada yada that we are all so familiar with and hear so much about. Then maybe the money is as they say "easy come easy go".</p><p> </p><p>Are you aware that Tan Sri Teh Hong Piow (Public Bank) is still holding onto his W220 S320 with plates PBB 3?</p><p> </p><p>Ask him why he doesnt want to change. Or maybe you think he's not affluent enough. Thats why hes riding in a RM150k second hand value S-Class. </p><p> </p><p>If thats the case, i got nothing to say. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p> </p><p>I can give you some more examples though if you want? </p><p> </p><p>Anyhow, i hope someone can give me their opinions on WHY/WHY NOT parallel imports should or shouldnt be allowed in if the car is already sold through official channels. </p><p> </p><p>Thanks anyways for all the input. I've learned alot. Really appreciate it</p><p> </p><p><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="k3nny, post: 328296, member: 139"] 1. Sorry bro. I still cant agree that people are laughing at the prices we pay for our cars. They feel our pain, yes i agree but then again, i doubt they find it anything to laugh about. 2. Im sure its easy to say maintenance and parts are easy and cheap if you look hard enough but saying and finding is a totally different thing right? Especially when your car is lying in the workshop? I doubt you would find an E60 active steering rack for anything REASONABLE. Dont even start on the gearbox. 3. Hate to say this but chauffeured 5er is quite common. Me is one. I can refer you to another 7 off the top of my head. ;) I can also refer you to 5 directors of public listed companies, most Dato' and one Tan Sri who drives his own car. Just doesnt like being driven. His bodyguard is in the passenger seat though so i really cant agree with the chauffeur being appropriate for any discerning businessman. I will however say that i have a driver because i drink very often and have the tendency to "overdo" it impairing my ability to get home sans driver. 4. I would have to agree and disagree with you on that. I did a study on this actually for one of my final year thesis and even when i was working at CIMB, there was a seminar on income disparities that i attended. Ultimately, to study the per capita income of australians, which basically takes into consideration ALL Australians, is inappropriate. Especially to determine the ability to purchase a vehicle at any given price as that takes into consideration many different variables such as culture, cost of home ownership, availability of financing etc. All that aside, by studying your per capita income of Australian's, one will come to understand that there are many reasons why it is much higher than that of Malaysians. 1. Currency is very much stronger (assuming the figures you quoted are in USD?) 2. Australia is a very very large country with a 21,468,700 2008 estimated population. Safe to assume many of these people "live off the land" especially in NT and WA. Plenty of land for farming and agricultural produce? Relatively cheap to obtain? 3. Malaysia now already has 27,730,000 as of 2007 and not to mention the income disparity between the rich and the poor is very big? I think ultimately many countries have a lower per capita income ie:china? Go to Shanghai and see if you see many nice cars. Or tell me and ill send you photos from my recent business trip. ;) They buy cars with WAY more ease than us malaysians. 5. Yes i have. Funny thing if i havent seeing as im an ex investment banker. :rolleyes: But nonetheless, the laws of the free market and the global economy do not always prevail. Our current credit crunch is one example. The US dollar is another example. Unlimited demand. Manipulation. Every economy has individual defining characteristics that define it as an individual economy/country on a global level and henceforth our evaluation of said market/economy and to a certain extent, the efficiencies of said economy has to be taken on an individual sense and then on a global sense. If the economy were truly global and laws of the free market were allowed to prevail, you go tell our government to allow the import of cars DUTYLESS or a set fixed duty of x% for EVERY nation globally. Henceforth vehicles moving from one nation to another cannot enjoy tax setbacks. Only advantages that are specific and unique to that specific market (ie: low mileage, high spec of jap cars) and then ill shut my mouth. In my view, the economy is not global in an ideal sense. But if you feel otherwise, please feel free to prove me wrong. 6. Lastly, i think you've missed the point and i will repeat again what i posted above. My intention was to seek opinions on whether or not parallel imports should be allowed in if the cars are already brought in through official channels. But for argument sake, affluence is once again, something that is very subjective. You make the assumption that all affluent people are not calculative? That all affluent people look at the depreciation of RM200k as a pshh? Sad to say people get rich by saving/earning hard and not spending foolishly. Contrary to popular belief if i have to add too. I can show you a very rich man who has hung onto his W220 S350 because he cant stomach the losses that he will incur selling the car on the second hand market due to the amount of parallel imports for this car available now. Can you make the assumption that he isnt affluent? I can supply you guaranteed evidence otherwise that he is INDEED VERY affluent although a tad calculative if i must add. So im sorry if i beg to differ with your opinion that affluent people "dont mind" losing money for nothing and that amount is negligible. I believe even affluent people can be "money smart". Unless of course they are affluent by means of political connection, governmental assistance yada yada yada that we are all so familiar with and hear so much about. Then maybe the money is as they say "easy come easy go". Are you aware that Tan Sri Teh Hong Piow (Public Bank) is still holding onto his W220 S320 with plates PBB 3? Ask him why he doesnt want to change. Or maybe you think he's not affluent enough. Thats why hes riding in a RM150k second hand value S-Class. If thats the case, i got nothing to say. :) I can give you some more examples though if you want? Anyhow, i hope someone can give me their opinions on WHY/WHY NOT parallel imports should or shouldnt be allowed in if the car is already sold through official channels. Thanks anyways for all the input. I've learned alot. Really appreciate it :) [/QUOTE]
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