If someone bought something for $40k and profit $2k...i tik dun do business lar better go work in office...i tik 7-8k is reasonable. Business=War=Can makan gao gao must makan gao gao(English*Malayu*Hokkien*)Originally posted by Rynax:Hi, was walking around ubi 2nd hand car shop dealers a few days ago and i noticed a car that looked strangely familiar. Upon closer inspection, i noticed it was my uncles old car which he sold for 41k. Out of curiosity i asked for the price and was quoted $48,800. WTF ? The dealers mark up so much ? My dad was thinking of getting a 2nd hand car as a second car... but after finding out abt the7k mark up, we were abit skeptical about getting a 2nd hand car.. so can anyone tell me.. is this incredible profit margin applicable to all companies ? and where can I get a second hand car whereby i wont get ripped off
noob sia. e company no need earn $$? employee no need money? bills? etc.Originally posted by Rynax:Hi, was walking around ubi 2nd hand car shop dealers a few days ago and i noticed a car that looked strangely familiar. Upon closer inspection, i noticed it was my uncles old car which he sold for 41k. Out of curiosity i asked for the price and was quoted $48,800. WTF ? The dealers mark up so much ? My dad was thinking of getting a 2nd hand car as a second car... but after finding out abt the7k mark up, we were abit skeptical about getting a 2nd hand car.. so can anyone tell me.. is this incredible profit margin applicable to all companies ? and where can I get a second hand car whereby i wont get ripped off
Don't be surprise, the official dealer makes more than reseller.Originally posted by Rynax:Hi, was walking around ubi 2nd hand car shop dealers a few days ago and i noticed a car that looked strangely familiar. Upon closer inspection, i noticed it was my uncles old car which he sold for 41k. Out of curiosity i asked for the price and was quoted $48,800. WTF ? The dealers mark up so much ? My dad was thinking of getting a 2nd hand car as a second car... but after finding out abt the7k mark up, we were abit skeptical about getting a 2nd hand car.. so can anyone tell me.. is this incredible profit margin applicable to all companies ? and where can I get a second hand car whereby i wont get ripped off
u must understand their overhead costs, rental of grounds, staff salaries, freebies to sibei niao customers, bills etc etcOriginally posted by Rynax:Thanks for the replies guys. I don't mean I am surprised they are earning money. But 8k markup.... i mean 3k - 5k a car would be a more justifiable amount, no ? It's not like they only sell 1 car a month and call it a month...
really ar?Originally posted by number_09:I have a car dealer friend who works in a car company for many many many years.Quite a Big Reliable Japanese Brand.
Heard that the mark up is at least 10 - 15 times of the original price.
Originally posted by Mitsubishi hater:really ar?
10-15 times??
meaning vios cost price is 5k OMV and below?