Originally posted by Vinsanne:
I booked my Kia Picanto for $49,999 end of May and was told it will come in July. But got this SMS from my sales rep. this morning that, the bid was unsuccessful.
Here's some thinking...
If total price is $49,999 (FIXED)
COE being $28,790++
Car price is about $21,200++ ONLY (original car price in UK)
Will car dealer profit from the COE too? They then make less from the car price right? Higher COE better or lower COE better for buyer? Will they in turn say, they cannot sell the car at $49,999 to us anymore? Will they be increasing the total price (with COE) for the Kia Picanto in the end? Can they do that?
Vincent
Hi Vincent, have u checked in the run up to the COE bidding, what was the amount your dealer bid for you?
If the COE goes up somemore, most car dealers will ask you to top-up...they say better chance to secure the COE.... but the choice is up to you..... they still need to bid in accordance to the contract...
in a way, they try to "scare" you so that they "profit" from the increasing COE.....
Use the tax structure to calculate wat is the cost price of picanto... then u can see wat is the max limit the car dealer can bid for you, but u need the OMV.... did they tell wat is the est. OMV.... we may be able to help.....
