Online: ShaunEvoRK, blueystar

The start of no deals...

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  • paulybronco
    paulybronco
    2 months
    Quoting fatbat on 22 Oct 2021 09:23 PMedited: 22 Oct 2021 09:33 PM

    Pros and cons to everything. 


    Lots of buyers like certainty and transparency.  When you go on a website for almost anything, or walk into a supermarket, the price is there for everyone to see and know, and one person doesn’t get a better deal than another.

    Certainty and transparency should hopefully also apply to whatever extras, fees and costs which are advertised differently in different states/territories and sometimes hidden by some
    dealers which hasn’t endeared the industry to some 

    Sorry FB with this model its really bordering on Restrictive Trade Practices act or even the anti monopoly laws.....(
    The Competition and Consumer Act prohibits the acquisition of shares or assets if that acquisition would have the effect or likely effect, of substantially lessening competition in any market for goods or services in Australia.)
    What used to happen was Mercedes/Mazda/ etc would be imported into Australia and then a margin added to the landed cost...eg $12000 plus $3000 profit to the importer total cost to dealer $15000. The importer would discuss RRP (Recomended retail price) and that was the maximum you could sell the car for, before any accessories etc. In this example lets say RRP is $20000...or $5000 profit at full price. Very rarely can you sell a car at RRP...very rare because they customer could wonder down the street and say dealer 1 quoted me $20000 you have my business if you can better it..presto deal done @ $19500 and a set of mats. Next please. Under this new arangement the importer, Mercedes themselves are now going to increase their profit margin on the import side to $5000 but still keeping the RRP @ $20000 and the car owes the dealer $17000 with zero wriggle room due to fixed price arrangements. Even at full price the dealer makes less for exactly the same work/risk/investment. The only way the dealer is going to make any extra from the deal is thru the trade in.....they will try and undervalue your trade in the hope of wholesaling it off for a gain.
    Honda has tried this idea......50% reduction of units sold since implementation. 
    I have read that dealers are pursuing legal action against Mercedes. 

  • fatbat
    fatbat
    2 months
    My opinion is just that and I acknowledge there are pros and cons to everything 

    Any assessment of honda needs to consider that honda was in a downturn in Australia anyway. And all new cars have declined thanks to Covid, supply chains and silicone chip shortages. 
  • paulybronco
    paulybronco
    2 months
    Quoting fatbat on 23 Oct 2021 04:13 AM

    My opinion is just that and I acknowledge there are pros and cons to everything 


    Any assessment of honda needs to consider that honda was in a downturn in Australia anyway. And all new cars have declined thanks to Covid, supply chains and silicone chip shortages. 

    But thats no correct either...
    Australia is on track to return to a million-plus new-car market after May became the second month of 2021 to register more than 100,000 vehicle sales
    The latest official industry figures confirmed 100,809 vehicle registrations last month, the best May result since 2017 when 102,901 cars were sold.
    With 456,894 sales so far in 2021 and average monthly sales of 91,379, the market has the potential to reach 1.1 million units by the end of the year.
    The effects of the latest lockdown in Victoria won’t be known until June’s results, as the restrictions introduced at the end of May didn’t prevent the state from being the second biggest for sales. 

    Top 10 models - May 2021
    TOYOTA HILUX - 4402 - up 25%
    FORD RANGER - 4254 - up 60%
    TOYOTA RAV4 - 4014 - up 71%
    ISUZU D-MAX - 3058 - up 202%
    TOYOTA LANDCRUISER - 2795 - up 122%
    MAZDA CX-5 - 2768 - up 87%
    MITSUBISHI TRITON - 2317 - up 168%
    TOYOTA PRADO - 2214 - up 63%
    TOYOTA COROLLA - 2190 - up 35%
    HYUNDAI i30 - 2127 - up 79%

    Top 10 models - year to date 2021
    TOYOTA HILUX - 22,664 - up 43%
    FORD RANGER - 19,278 - up 47%
    TOYOTA RAV4 - 17,858 - up 38%
    MAZDA CX-5 - 12,272 - up 60%
    TOYOTA COROLLA - 11,644 - up 11%
    MITSUBISHI TRITON - 10,936 - up 59%
    HYUNDAI i30 - 10,808 - up 36%
    ISUZU D-MAX - 10,638 - up 114%
    TOYOTA LANDCRUISER - 10,459 - up 96%
    KIA CERATO - 8045 - up 16%
  • fatbat
    fatbat
    2 months
    Quoting fatbat on 23 Oct 2021 04:13 AM

    My opinion is just that and I acknowledge there are pros and cons to everything 


    Any assessment of honda needs to consider that honda was in a downturn in Australia anyway. And all new cars have declined thanks to Covid, supply chains and silicone chip shortages. 

    Quoting paulybronco on 23 Oct 2021 06:19 AM

    But thats no correct either...

    Australia is on track to return to a million-plus new-car market after May became the second month of 2021 to register more than 100,000 vehicle sales
    The latest official industry figures confirmed 100,809 vehicle registrations last month, the best May result since 2017 when 102,901 cars were sold.
    With 456,894 sales so far in 2021 and average monthly sales of 91,379, the market has the potential to reach 1.1 million units by the end of the year.
    The effects of the latest lockdown in Victoria won’t be known until June’s results, as the restrictions introduced at the end of May didn’t prevent the state from being the second biggest for sales. 

    Top 10 models - May 2021
    TOYOTA HILUX - 4402 - up 25%
    FORD RANGER - 4254 - up 60%
    TOYOTA RAV4 - 4014 - up 71%
    ISUZU D-MAX - 3058 - up 202%
    TOYOTA LANDCRUISER - 2795 - up 122%
    MAZDA CX-5 - 2768 - up 87%
    MITSUBISHI TRITON - 2317 - up 168%
    TOYOTA PRADO - 2214 - up 63%
    TOYOTA COROLLA - 2190 - up 35%
    HYUNDAI i30 - 2127 - up 79%

    Top 10 models - year to date 2021
    TOYOTA HILUX - 22,664 - up 43%
    FORD RANGER - 19,278 - up 47%
    TOYOTA RAV4 - 17,858 - up 38%
    MAZDA CX-5 - 12,272 - up 60%
    TOYOTA COROLLA - 11,644 - up 11%
    MITSUBISHI TRITON - 10,936 - up 59%
    HYUNDAI i30 - 10,808 - up 36%
    ISUZU D-MAX - 10,638 - up 114%
    TOYOTA LANDCRUISER - 10,459 - up 96%
    KIA CERATO - 8045 - up 16%


    Dunno how your data shows I’m “ no correct”. 

    Your quote/data shows vehicle sales in Australia are SET TO RETURN TO SALES from years gone by and compares back to four years ago (2017). So there was a downturn and I can cite many stories and show data to substantiate it but didn’t know it would be necessary given most people already aware. Just like I could show data about Honda’s decline over the previous times BEFORE Honda’s change to fixed price sales. 


    This story shows Honda sales were in significant decline in 2020 (down 33.8%) before their fixed pricing change 


    This story relates to Honda in 2019 and says “Honda Motor Co. said Tuesday its group net profit fell 25.3 percent to ¥455.75 billion ($4.24 billion) in the business year ended in March as the coronavirus pandemic dented global demand and forced a partial halt in production”. 

    The point I’m making is that Honda’s sales decline isn’t just about it’s fixed price change. There are other reasons obviously contributing and have been for some time now. And it’s decline no doubt contributes to it trying different strategies to remain competitive 
  • paulybronco
    paulybronco
    2 months
    Quoting fatbat on 23 Oct 2021 04:13 AM

    My opinion is just that and I acknowledge there are pros and cons to everything 


    Any assessment of honda needs to consider that honda was in a downturn in Australia anyway. And all new cars have declined thanks to Covid, supply chains and silicone chip shortages. 

    Quoting paulybronco on 23 Oct 2021 06:19 AM

    But thats no correct either...

    Australia is on track to return to a million-plus new-car market after May became the second month of 2021 to register more than 100,000 vehicle sales
    The latest official industry figures confirmed 100,809 vehicle registrations last month, the best May result since 2017 when 102,901 cars were sold.
    With 456,894 sales so far in 2021 and average monthly sales of 91,379, the market has the potential to reach 1.1 million units by the end of the year.
    The effects of the latest lockdown in Victoria won’t be known until June’s results, as the restrictions introduced at the end of May didn’t prevent the state from being the second biggest for sales. 

    Top 10 models - May 2021
    TOYOTA HILUX - 4402 - up 25%
    FORD RANGER - 4254 - up 60%
    TOYOTA RAV4 - 4014 - up 71%
    ISUZU D-MAX - 3058 - up 202%
    TOYOTA LANDCRUISER - 2795 - up 122%
    MAZDA CX-5 - 2768 - up 87%
    MITSUBISHI TRITON - 2317 - up 168%
    TOYOTA PRADO - 2214 - up 63%
    TOYOTA COROLLA - 2190 - up 35%
    HYUNDAI i30 - 2127 - up 79%

    Top 10 models - year to date 2021
    TOYOTA HILUX - 22,664 - up 43%
    FORD RANGER - 19,278 - up 47%
    TOYOTA RAV4 - 17,858 - up 38%
    MAZDA CX-5 - 12,272 - up 60%
    TOYOTA COROLLA - 11,644 - up 11%
    MITSUBISHI TRITON - 10,936 - up 59%
    HYUNDAI i30 - 10,808 - up 36%
    ISUZU D-MAX - 10,638 - up 114%
    TOYOTA LANDCRUISER - 10,459 - up 96%
    KIA CERATO - 8045 - up 16%

    Quoting fatbat on 23 Oct 2021 06:55 AMedited: 23 Oct 2021 07:05 AM


    Dunno how your data shows I’m “ no correct”. 

    Your quote/data shows vehicle sales in Australia are SET TO RETURN TO SALES from years gone by and compares back to four years ago (2017). So there was a downturn and I can cite many stories and show data to substantiate it but didn’t know it would be necessary given most people already aware. Just like I could show data about Honda’s decline over the previous times BEFORE Honda’s change to fixed price sales. 


    This story shows Honda sales were in significant decline in 2020 (down 33.8%) before their fixed pricing change 


    This story relates to Honda in 2019 and says “Honda Motor Co. said Tuesday its group net profit fell 25.3 percent to ¥455.75 billion ($4.24 billion) in the business year ended in March as the coronavirus pandemic dented global demand and forced a partial halt in production”. 

    The point I’m making is that Honda’s sales decline isn’t just about it’s fixed price change. There are other reasons obviously contributing and have been for some time now. And it’s decline no doubt contributes to it trying different strategies to remain competitive 

    FB Can i just refresh your memory of your quote......" And all new cars have declined thanks to Covid, supply chains and silicone chip shortages. 
    In my humble submission the use of the word "Up" in the supplied data indicates an increase...not as you infer a decline thanks to Covid.

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