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Offline Wattens

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  • The only wrong decision is Regret

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No hes an Authorized Factory Dealer, he owns a dealership.

Ok well Ateco is still making quite a bit before it gets to your friend, you get it cheaper, but still the importers hands have already had their dibbs in it lol. The dealership/franchise isn't anything different from any other franchise. Unless your friend is Neville Crichton or someone high up in Ateco, we will never know the actual raw landed price.

I can ask Tony Graziani (Used to be Dealer Principal at Italia Motori) as i'll see him tomorrow, he obviously knows the prices and proffits before the fallout 12 months ago
Enjoying Life!!!!



Offline adam01


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Its true that our dollar is where it is because the USD is weak. The US is printing money and so their currency is likely to remain weak for some time to come. Our dollar is sought after because of the yield available here.

Thk u Fastoy

Most pertinent comment - internal interest rates play a major influence on our currency viz/viz global denominations - take note of Tuesdays RBA decision, markets were only betting (excuse pun) 22% chance of upward movement

 



Offline j15


  • Joined: Oct 2006

  • Location: Sydney
actually if we take it back further a couple of years, if the USD didn't fall we would still be worth 50-60 cents/ USD if the USD didn't fall. We owe our buying power to the falling USD not the strengthening AUD, despite what the Gillard government says.

The deliberate devaluing of USD is what got the AUD from .80 to parity, but getting it to .80 in the earlier years (prior GFC) was more due to the higher cash rate and China's/India's voracious appetite for Australian minerals, rather than a weaking USD.



Offline Ferrari Fissatore

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In the end LCT and high vs low turnover determines new car prices.

gees, most of this shit is generally over my head/interest level...


but I've selected that line above as one that stands out.

NO, categorically WRONG WRONG WRONG.

The consumer sets prices, NOTHING/No-one  else.

Things are the price they are because people will pay it.



Offline mhh

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gees, most of this shit is generally over my head/interest level...


but I've selected that line above as one that stands out.

NO, categorically WRONG WRONG WRONG.

The consumer sets prices, NOTHING/No-one  else.

Things are the price they are because people will pay it.

I agree.



Offline Ferrari Fissatore

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  • Joined: Jan 2007

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I agree.

Not sure if I'm flattered or you should be ashamed of yourself!  :cool:



Offline adam01


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The consumer sets prices, NOTHING/No-one  else.

Things are the price they are because people will pay it.

Not always - depends on the market you are in and how many players ie monopolies/oligopolies set prices, consumers tend to be price takers not makers. Imperfect markets, limited choice hence price settings not a true reflection of supply/demand equation

Analogous is the current debate re bankS & interest rate sets






Offline Wattens

  • Free Mustache Rides
  • The only wrong decision is Regret

  • Joined: Jan 2010

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  • Name: Knob Head
gees, most of this shit is generally over my head/interest level...


but I've selected that line above as one that stands out.

NO, categorically WRONG WRONG WRONG.

The consumer sets prices, NOTHING/No-one  else.

Things are the price they are because people will pay it.

No together what we both said is right, but you can not have one without the other, it is assumed people would pay for it, you can not buy a car of that price without a hefty LCT or import/dealer profit margin or it wont even come to the country as everything is taxed and no one would get off their ass to import a new car for someone else to loose money...

In the case with Ferrari is Ateco has a monopoly, they can charge $1mil for a 458, people will still buy it.
Enjoying Life!!!!



Offline mhh

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Not sure if I'm flattered or you should be ashamed of yourself!  :cool:

Clearly one of us has lost it. :D



Offline fastoy


  • Joined: Jun 2010

  • Drives: SLK 55 AMG Mercedes-Benz
Yeah, pretty much my initial point really. The price is set at whaever the market will bear, and now with our dollar above the US dollar, more people may start wondering why we pay twice as much for the same goods.

We are the farmers who, according to the JFK principle; "Flog off our iron ore wholesale, buy it back retail as cars, and pay the freight both ways..."



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