Passenger Car Price in China – Up Or Down?
Posted by admin in Car Prices on June 22, 2011
Although Volkswagen has denied the rumour of “general price hikes in April” for its passenger cars in China, speculations for car price increases in China are still rampant.
Mr Rao Da, Secretary-General of National Passenger Car Information Exchange Association, suggested that car price inflection points may appear this year or the next. Due to rising raw materials and labour costs, it is expected that cost per car may increase by 1500 to 3000 yuan (RMB:USD = 7:1) in 2008. Even for upgraded models, the cost would still increase due to the associated moulding, inspecting and machinery tools. But the fierce competition in China’s auto market has deterred most auto companies from unilateral price hikes.
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Hybrid Car Prices – A Comparison Of Different Models
Posted by admin in Car Prices on June 22, 2011
Retail hybrid car prices as suggested by manufacturers (better known as MSRP) are decided by the car makers and advised to the car dealers to be the base price guide in dealing with public sale. Dealers providing fleet sales to corporate buyers have also the invoice price, or that amount paid by the dealers to the automakers, better used for wholesale purchases being made from the dealers.
While these two serve as guides for the car buyer, prices may increase due to additional costs for non-standard features or add-ons to the vehicles. There are also charges for delivery to move the vehicles to the final destination where buyer is situated. Thereafter, sales taxes, marketing costs, registration costs and other costs may be added by the dealership over and above the MSRP or invoice price.
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Used Car Pricing: The Insanity of Used Car Prices
Posted by admin in Car Prices on June 22, 2011
Used car prices are elusive, despite numerous attempts to harness them. We’ve all heard of Retail, Private Party and Trade-in values. But do these “help” in determining a vehicle’s real value?
When we turn to the web for prices, it gets even more elusive. One web site places a retail value on a car at $18,000. Another puts it at $21,000. What should we believe?