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Habit7 wrote:A Honda sales rep told me that they are trying to make Honda upmarket in Trinidad.
But we can compare our prices with countries that make cars or are a large market for cars. In TT the two biggest purchases anybody will make in their life are a house and a car. A house uses local resources but a car is 100% imported. If we don't tax these expensive imported items it will be a run on our forex. Our prices are comparable to other Caribbean islands.
Joshie23 wrote:Habit7 wrote:A Honda sales rep told me that they are trying to make Honda upmarket in Trinidad.
But we can compare our prices with countries that make cars or are a large market for cars. In TT the two biggest purchases anybody will make in their life are a house and a car. A house uses local resources but a car is 100% imported. If we don't tax these expensive imported items it will be a run on our forex. Our prices are comparable to other Caribbean islands.
That's understood I guess, but it doesn't quite answer 007's question about the reason for the increase in price for a vehicle whose tax regime was untouched for the span of time that he quoted. Hybrid? Sure. I'll believe it. But a non-hybrid? Nah. A 1.5L non-hybrid that saw an increase of $56k over 3.5 years, when again, that tax bracket was unaffected? Double nah.
Habit7 wrote:Joshie23 wrote:Habit7 wrote:A Honda sales rep told me that they are trying to make Honda upmarket in Trinidad.
But we can compare our prices with countries that make cars or are a large market for cars. In TT the two biggest purchases anybody will make in their life are a house and a car. A house uses local resources but a car is 100% imported. If we don't tax these expensive imported items it will be a run on our forex. Our prices are comparable to other Caribbean islands.
That's understood I guess, but it doesn't quite answer 007's question about the reason for the increase in price for a vehicle whose tax regime was untouched for the span of time that he quoted. Hybrid? Sure. I'll believe it. But a non-hybrid? Nah. A 1.5L non-hybrid that saw an increase of $56k over 3.5 years, when again, that tax bracket was unaffected? Double nah.
The 2nd paragraph was to answer feeldavibe
telfer wrote:SLVR1 wrote:Agent007, did you get a call on your '17 CRV for fuel pump replacement? I do not know if it applies to all years but for my 2018 there is a recall on it. I got an appointment for May for the replacement.
There’s a recall??? Have a 2018 serviced last week but no mention of this
carluva wrote:Culturally as well, we believe that we must own a vehicle.
Trini mindset needs to change to where we do not need to own a vehicle. Leasing a vehicle is a perfectly acceptable way of having one's vehicle. When the lease is up, if one chooses to keep the vehicle, so be it, else trade in for an upgrade. At the end of the day, most people are taking out loans so why not pay a smaller fee for a lease?
Habit7 wrote:But even if you are blaming the dealership for the CRV, a brand new RORO CRV isn't much different in price than the dealer.
Habit7 wrote:But even if you are blaming the dealership for the CRV, a brand new RORO CRV isn't much different in price than the dealer.
same thing with BMWGladiator wrote:The other phenomenon that I am noticing in the local car market is the "upscaling" of budget sub compact cars. For example Toyota had the corolla as their budget car, the the yaris came in as a sub compact alternative. Before you know it the yaris price reached the corolla price and corolla is priced even higher.
Another example is with Sterling and those mini benzes.... the C Class price, moderately equipped was $415k about 7 years ago. the new W206 C Class is pegged to start at $500k and the piece of crap A Class sedan and FWD CLA takes the price range of the previous C Class at 400k - 450k
When you demand a reasoning for their crazy pricing increases they blame the access to Forex...
Joshie23 wrote:Habit7 wrote:But even if you are blaming the dealership for the CRV, a brand new RORO CRV isn't much different in price than the dealer.
The thing with RORO/grey market is that when you get a fully loaded vehicle, features cyah done..buttons all over the place for some feature you'll probably never use..locally, fully loaded means you're lucky you're getting A/C. We even threw in some free rubber mats and a tank of fuel so you'll forget all the blank spots that should have buttons as well as the shitty service you'll have to endure to keep your warranty over the next 3-5 years.
It's no justification but..you get what I'm saying.
Edit: also, the CR-V sold by the RORO dealers I checked are seven seaters as opposed to Classic's five, and AWD vs. FWD, amongst other things..
kamakazi wrote:1. It's a monopoly. No real competition from other dealers. Every dealer has exclusive rights to whatever manufacturer they bring
If I recall the toyota had the 86 for 440k new, when massy advertised the brz for 350k toyota reduced their price to 400k.
Public transport also sucks so no real competition from that side either.
2. Consumers keep buying. If the cars don't sell at the prices dealers are calling, something will have to give. They might move it to a rental fleet or prices will come down.
3. Greed... Kind of self explanatory
4. Perceived value/maintaining appearances.
So using the crv; the new model with the smaller displacement should cost less... How does that look when the previous model with the larger displacement engine cost more. How do you tell the person who just bought the outgoing model that the new model could be had for less. So they increase the price because it is new.
5. Selling the Promise of peace of mind.
So some of you had your vehicle recalled by the dealer to carry out maintenance. All the people who bought that same vehicle on the outside, kinda on there own. Is it worth the extra money spent. To some people, yes and they willing to pay the additional cost of that and dealers charge accordingly.
Introductory price is essentially for first adopter/guinea pig. We not sure how the vehicle going to work in our conditions here and while the warranty covers some things... It doesn't cover everything.
So how many dealers serviced airbags during that major takata air bag recall. Sylphy bubbling dashboards also come to mind.
What can I say...They know their market and charge/price accordingly.
Gladiator wrote:The other phenomenon that I am noticing in the local car market is the "upscaling" of budget sub compact cars. For example Toyota had the corolla as their budget car, the the yaris came in as a sub compact alternative. Before you know it the yaris price reached the corolla price and corolla is priced even higher.
Another example is with Sterling and those mini benzes.... the C Class price, moderately equipped was $415k about 7 years ago. the new W206 C Class is pegged to start at $500k and the piece of crap A Class sedan and FWD CLA takes the price range of the previous C Class at 400k - 450k
When you demand a reasoning for their crazy pricing increases they blame the access to Forex...
Joshie23 wrote:Updates for the front page:
Ford
2.2L Ranger:
4x2 Automatic (XLT) - $289,950
4x4 Manual (XLT) - $285,000
4x4 Automatic (XLT) - $310,000
3.2L Ranger:
4x4 Automatic (XLT) - $320,000
(Price of the Limited variant TBD, Wildtrak is now $415,000 iirc )
Toyota
2.4L Hilux:
4x2 Manual (d/c) - $217,000
4x4 Manual (s/c) - $251,000
4x4 Manual (d/c) - $281,000
4x4 Automatic (d/c) - $320,000 - in 2019 this was $279,000
2.8L Hilux:
4x4 Manual (d/c) - $290,000
4x4 Mid-Spec Automatic (d/c) - $332,000 - in 2019 this was $297,000
4x4 Fully Loaded Automatic w/fabric (d/c) - $356,000 in 2019 this was - $ 325,000
4x4 Fully Loaded Automatic w/leather (d/c) - $370,000 in 2019 this was $ 352,000
That 'Lux beautiful though
kamakazi wrote:1. It's a monopoly. No real competition from other dealers. Every dealer has exclusive rights to whatever manufacturer they bring
If I recall the toyota had the 86 for 440k new, when massy advertised the brz for 350k toyota reduced their price to 400k.
Public transport also sucks so no real competition from that side either.
2. Consumers keep buying. If the cars don't sell at the prices dealers are calling, something will have to give. They might move it to a rental fleet or prices will come down.
3. Greed... Kind of self explanatory
4. Perceived value/maintaining appearances.
So using the crv; the new model with the smaller displacement should cost less... How does that look when the previous model with the larger displacement engine cost more. How do you tell the person who just bought the outgoing model that the new model could be had for less. So they increase the price because it is new.
5. Selling the Promise of peace of mind.
So some of you had your vehicle recalled by the dealer to carry out maintenance. All the people who bought that same vehicle on the outside, kinda on there own. Is it worth the extra money spent. To some people, yes and they willing to pay the additional cost of that and dealers charge accordingly.
Introductory price is essentially for first adopter/guinea pig. We not sure how the vehicle going to work in our conditions here and while the warranty covers some things... It doesn't cover everything.
So how many dealers serviced airbags during that major takata air bag recall. Sylphy bubbling dashboards also come to mind.
What can I say...They know their market and charge/price accordingly.
agent007 wrote:Is it true that the new refreshed Hilux we get is not the high output version and that it lacks LED DRLs too?
mitch1980 wrote:Joshie23 wrote:Updates for the front page:
Ford
2.2L Ranger:
4x2 Automatic (XLT) - $289,950
4x4 Manual (XLT) - $285,000
4x4 Automatic (XLT) - $310,000
3.2L Ranger:
4x4 Automatic (XLT) - $320,000
(Price of the Limited variant TBD, Wildtrak is now $415,000 iirc )
Toyota
2.4L Hilux:
4x2 Manual (d/c) - $217,000
4x4 Manual (s/c) - $251,000
4x4 Manual (d/c) - $281,000
4x4 Automatic (d/c) - $320,000 - in 2019 this was $279,000
2.8L Hilux:
4x4 Manual (d/c) - $290,000
4x4 Mid-Spec Automatic (d/c) - $332,000 - in 2019 this was $297,000
4x4 Fully Loaded Automatic w/fabric (d/c) - $356,000 in 2019 this was - $ 325,000
4x4 Fully Loaded Automatic w/leather (d/c) - $370,000 in 2019 this was $ 352,000
That 'Lux beautiful though
the prices of these have risen a lot in 18 months.
the amount being brought in by TTTL is less but all are sold out.
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