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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: 328676" data-attributes="member: 139"><p>1. I dismiss the chauffeur bit as to have one only entails RM800 - RM1000 a month. Very small amount compared to the commitment you make when you buy an E60 or a more expensive car. Henceforth if you can dismiss the E60 as being common and not particularly high status of sorts, then its fair for me to say the chauffeur is even more common and less appealing as it entails a lower financial commitment/burden.</p><p> </p><p>2. Nope. He drives during day time too because i like to nap behind after lunch. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> They put the window blinds in the back of the E60 for a reason. </p><p> </p><p>3. I think what is appropriate is to be able to compare but also to take every market with its individual pros and cons into consideration. To just pluck the per capita income out and relate it to the cost of car ownership in that said country would be inaccurate or would show an inaccurate picture of the car ownerships and the cars that are on the streets in that said country.</p><p></p><p>Dont even want to go into culture where asians parents would buy their kids nice cars while most aussies wont even contemplate the idea, rich or not. Borrowing culture? Prevailing lending rate for HP?</p><p> </p><p>Im not saying that a comparison cannot be made. Im saying to simply use the per capita income of said nation and relating it to the cost of car ownership would be inappropriate. <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>4. I dont think i disputed the fact that China has more millionaires than France or any nation you can quote for that matter. In fact, i never brought it up.</p><p> </p><p>I disputed the fact that a direct comparison between two very different nations would be inaccurate and inappropriate for argument sake.</p><p> </p><p>You confirmed my dispute by subsequently telling me the difference between the Chinese market and the Malaysian market in the same way that i argued that the Australian market and the Malaysian market is very much different and hence a per capita comparison relative to local standards of living and car ownership is not accurate.</p><p> </p><p>5. I have most definitely heard of comparative advantage and as such, how can you then use the per capita income of a nation to relate to its cost of car ownership? </p><p> </p><p>You asked me if ive heard of the global economy or something to that effect. I gave you my views on what the global economy is and if it were to be perfect. </p><p> </p><p>Plus there is nothing there i said that had any relevance to the bailout of chrysler? or AIG? or Fortis? or ANYONe for that matter. </p><p> </p><p>I was merely trying to point out that because the global market is inefficient in its own sense with trade barriers in place, it leaves alot of loopholes open, esp when there are greedy politicians, that will cash in on this and of course these cars come in at a lower tarriff rate or lower taxes.</p><p> </p><p>Of course, power to the consumer with more choices at better prices but that wasnt my argument. Mine was that "arbitrageur" sort of profits can be made in between due to the difference in policies between certain governments and by right, that shouldnt happen and that is not the way the car manufacturers intended it as well.</p><p> </p><p>They control it for a reason.</p><p> </p><p>6. I didnt arrive at the sum RM200k. Im just randomly pulling out a figure from the air. It could be RM2m for all i know. Im just randomly using a figure. I dont have your kind of smarts to figure out the time value of money (TVM) and its relativity to ecomomic condition etc etc. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /></p><p> </p><p>Sure affluent people can afford it. No doubt. That is why they buy the car in the first place.</p><p> </p><p>But my argument was that they feel the pinch. It feels painful to lose more than an expected amount of money on a car. You argued that its inconsequential. I argued that regardless of their affluence, some "affluent" people will feel the pinch, even if they can indeed afford it.</p><p></p><p>You then responded by saying if thats the case, they are not really affluent then are they? And i responded by giving you examples. <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>7. All those and maybe a few women as a part of his "pleasure squad" to make him happy but doesnt change his perception on the value of money and how much he has to lose on the value of his car. <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> </p><p>I hope no one misunderstands. Im not trying to be a snob by saying that there shouldnt be parallel imports in the country. Im just trying to see what everyones opinions are and since everyone supported parallel imports in the first few responses, i might as well go against and see how interesting this debate can get.</p><p> </p><p>My first E60 was from Naza in 2004 but at a crazy price. So yes, i do support parallel imports. Since everyone was FOR parallel imports, i might as well go AGAINST in my arguments or this thread would close at page 1. </p><p> </p><p>Now i've been "enlightened" on many things ranging from the car market, global economic situations, economic theories, per capita incomes and more. Stuff i should know as a part of my occupation but somehow it slipped me i suppose? <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin :D" loading="lazy" data-shortname=":D" /></p><p> </p><p>But thanks to everyone for all their inputs! Really appreciate it. Was a good argument and i hope no hard feelings for any of my comments. Ill put it a quick apology if i offended anyone. <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>Always nice to know what everyone else thinks so we know if we are still on the fence or already off our rockers.</p></blockquote><p></p>
[QUOTE="k3nny, post: 328676, member: 139"] 1. I dismiss the chauffeur bit as to have one only entails RM800 - RM1000 a month. Very small amount compared to the commitment you make when you buy an E60 or a more expensive car. Henceforth if you can dismiss the E60 as being common and not particularly high status of sorts, then its fair for me to say the chauffeur is even more common and less appealing as it entails a lower financial commitment/burden. 2. Nope. He drives during day time too because i like to nap behind after lunch. ;) They put the window blinds in the back of the E60 for a reason. 3. I think what is appropriate is to be able to compare but also to take every market with its individual pros and cons into consideration. To just pluck the per capita income out and relate it to the cost of car ownership in that said country would be inaccurate or would show an inaccurate picture of the car ownerships and the cars that are on the streets in that said country. Dont even want to go into culture where asians parents would buy their kids nice cars while most aussies wont even contemplate the idea, rich or not. Borrowing culture? Prevailing lending rate for HP? Im not saying that a comparison cannot be made. Im saying to simply use the per capita income of said nation and relating it to the cost of car ownership would be inappropriate. ;) 4. I dont think i disputed the fact that China has more millionaires than France or any nation you can quote for that matter. In fact, i never brought it up. I disputed the fact that a direct comparison between two very different nations would be inaccurate and inappropriate for argument sake. You confirmed my dispute by subsequently telling me the difference between the Chinese market and the Malaysian market in the same way that i argued that the Australian market and the Malaysian market is very much different and hence a per capita comparison relative to local standards of living and car ownership is not accurate. 5. I have most definitely heard of comparative advantage and as such, how can you then use the per capita income of a nation to relate to its cost of car ownership? You asked me if ive heard of the global economy or something to that effect. I gave you my views on what the global economy is and if it were to be perfect. Plus there is nothing there i said that had any relevance to the bailout of chrysler? or AIG? or Fortis? or ANYONe for that matter. I was merely trying to point out that because the global market is inefficient in its own sense with trade barriers in place, it leaves alot of loopholes open, esp when there are greedy politicians, that will cash in on this and of course these cars come in at a lower tarriff rate or lower taxes. Of course, power to the consumer with more choices at better prices but that wasnt my argument. Mine was that "arbitrageur" sort of profits can be made in between due to the difference in policies between certain governments and by right, that shouldnt happen and that is not the way the car manufacturers intended it as well. They control it for a reason. 6. I didnt arrive at the sum RM200k. Im just randomly pulling out a figure from the air. It could be RM2m for all i know. Im just randomly using a figure. I dont have your kind of smarts to figure out the time value of money (TVM) and its relativity to ecomomic condition etc etc. :P Sure affluent people can afford it. No doubt. That is why they buy the car in the first place. But my argument was that they feel the pinch. It feels painful to lose more than an expected amount of money on a car. You argued that its inconsequential. I argued that regardless of their affluence, some "affluent" people will feel the pinch, even if they can indeed afford it. You then responded by saying if thats the case, they are not really affluent then are they? And i responded by giving you examples. :) 7. All those and maybe a few women as a part of his "pleasure squad" to make him happy but doesnt change his perception on the value of money and how much he has to lose on the value of his car. ;) I hope no one misunderstands. Im not trying to be a snob by saying that there shouldnt be parallel imports in the country. Im just trying to see what everyones opinions are and since everyone supported parallel imports in the first few responses, i might as well go against and see how interesting this debate can get. My first E60 was from Naza in 2004 but at a crazy price. So yes, i do support parallel imports. Since everyone was FOR parallel imports, i might as well go AGAINST in my arguments or this thread would close at page 1. Now i've been "enlightened" on many things ranging from the car market, global economic situations, economic theories, per capita incomes and more. Stuff i should know as a part of my occupation but somehow it slipped me i suppose? :D But thanks to everyone for all their inputs! Really appreciate it. Was a good argument and i hope no hard feelings for any of my comments. Ill put it a quick apology if i offended anyone. ;) Always nice to know what everyone else thinks so we know if we are still on the fence or already off our rockers. [/QUOTE]
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