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BMW 520d Irish dealers importing from UK

  • 24-01-2009 04:17PM
    #1
    Closed Accounts Posts: 378 ✭✭


    I spoke to 4 Irish dealers during the week and they are importing all the 520d's they can find in the UK to keep the value artificially high on used 520d's here.

    I have a friend thats works with BMW fleet auctions in the UK and Irish dealers are paying between 18k and 22k stg for 08's, VRT of 6k ish (136gm CO2) (156 tax pa), so they are getting the car in for less than 30k at that worse, look at them all on carzone, from 35k.

    Rip off


«1

Comments

  • Closed Accounts Posts: 298 ✭✭farva


    Maybe I'm misreading you post but your saying that Irish dealers are importing an excess amount of 520ds here to keep the price artificially high here? A massive influx of 520ds will drive the price down here as people have more choice in a competitive market.


  • Closed Accounts Posts: 378 ✭✭LoveDucati2


    No it means that they are getting harder to source in the UK, so it is stopping the imports by ordinary punters to stop driving the price down here. Its not a competitive market. Bmw dealers are making far more on them than the German models they get new.


  • Registered Users, Registered Users 2 Posts: 4,183 ✭✭✭Fey!


    That doesn't really sound right. It would be cheaper for them to slash their prices than to buy in new stock to seel while their old stock continues to depreciate.


  • Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    Ireland is the size of a medium/large city in the UK. To suggest that Irish dealers can import enough cars to affect the pricing of cars in the UK seems funny to me.


  • Registered Users, Registered Users 2 Posts: 23,536 ✭✭✭✭L-M


    Lol i think you have it wrong OP. They're just bringing them in to make money.


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  • Registered Users, Registered Users 2 Posts: 51,877 ✭✭✭✭bazz26


    I spoke to 4 Irish dealers during the week and they are importing all the 520d's they can find in the UK to keep the value artificially high on used 520d's here.

    I have a friend thats works with BMW fleet auctions in the UK and Irish dealers are paying between 18k and 22k stg for 08's, VRT of 6k ish (136gm CO2) (156 tax pa), so they are getting the car in for less than 30k at that worse, look at them all on carzone, from 35k.

    Rip off


    In order to do that they would have to buy thousands of them, ship them here, store them and then do what with them considering the current state of the second hand market?

    And the 320d is the biggest seller for BMW in the UK, in fact the 320d outsells the Ford Mondeo so why are not Irish dealers buying up all of these in the UK too?

    I think OP someone is telling you porkies.


  • Registered Users, Registered Users 2 Posts: 448 ✭✭alpina


    I believe some dealers are in fact importing 520d's (aswell as other models) but I do not know for market saturation? as another poster has said better than me, "if you can't beat'em join'em";)


  • Closed Accounts Posts: 378 ✭✭LoveDucati2


    alpina wrote: »
    I believe some dealers are in fact importing 520d's (aswell as other models) but I do not know for market saturation? as another poster has said better than me, "if you can't beat'em join'em";)

    Sorry I meant fleet sales. They have brought in over 500 of just the 08 520d's, low tax low VRT, it is getting hard to find fleet 08's over there.


  • Closed Accounts Posts: 12,090 ✭✭✭✭Drummerboy08


    What exactly is a "fleet" 520d?!

    The majority of fleet customers put there cars on Contract Hire for VAT reasons, and it is quite complicated and hard to get a pre registered vehicle on CH with a finance house. For that reason, i would suggest there is no incentive to bring in a 520d for fleet purposes.


  • Subscribers Posts: 17,115 ✭✭✭✭copacetic


    he means they are ex-fleet cars in the UK.


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  • Closed Accounts Posts: 12,090 ✭✭✭✭Drummerboy08


    Ah, right, got ya.;)

    But i still dont understand his point. If he cant ffind a fleet 520, why not just buy a normal 520?


  • Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    If they brought in 500 of them to sell at an inflated price they will quickly fine their businesses in receivership :D.


  • Subscribers Posts: 17,115 ✭✭✭✭copacetic


    Ah, right, got ya.;)

    But i still dont understand his point. If he cant ffind a fleet 520, why not just buy a normal 520?

    well there he has lost me, tha average buyer has no access to fleet returns anyway.


  • Registered Users, Registered Users 2 Posts: 286 ✭✭SomeDude


    I'm presuming the ex fleet cars are over 6 months and/or over 6,000 km hence it's an easy way to buy a bulk load of cars and avoid paying Irish VAT on import??


  • Closed Accounts Posts: 18,053 ✭✭✭✭BostonB


    I don't understand any of this.

    Unless the dealers where spinning a yarn to get people thinking theres no point in going to UK, and thus will buy from them.


  • Registered Users, Registered Users 2 Posts: 26,197 ✭✭✭✭Berty


    Whether any of this is true or not it begs the question.

    If I walk into a BMW dealer tomorrow and try to buy a BMW that may have come from the UK. The dealer MUST tell me this information because when I try to insure this car the insurance will ask "has this car been imported?" If I say no, because the dealer did not tell me, then I am making a false insurance statement and could possibly void my insurance.

    If a dealer told me he imported it from the UK then I would say "stuff your dealership, im not paying you the luxury of importing cars, I will go an buy it myself and save a few thousand".


  • Closed Accounts Posts: 18,053 ✭✭✭✭BostonB


    Berty wrote: »
    ...
    If a dealer told me he imported it from the UK then I would say "stuff your dealership, im not paying you the luxury of importing cars, I will go an buy it myself and save a few thousand".

    I'm guessing they would be aiming at people who won't go to the UK, but like the idea of getting a deal of some sort.


  • Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    Berty wrote: »
    If I walk into a BMW dealer tomorrow and try to buy a BMW that may have come from the UK. The dealer MUST tell me this information because when I try to insure this car the insurance will ask "has this car been imported?" If I say no, because the dealer did not tell me, then I am making a false insurance statement and could possibly void my insurance.
    .

    Fair point but I think the reason the was the car imported question comes from insurance companies is that imported Japanese cars have zero in terms of security and so are a massive theft risk.


  • Closed Accounts Posts: 18,053 ✭✭✭✭BostonB


    Tipsy Mac wrote: »
    Fair point but I think the reason the was the car imported question comes from insurance companies is that imported Japanese cars have zero in terms of security and so are a massive theft risk.

    Where are you getting that from? Whats the difference in security between "imported" and non imported Japanese cars.

    It used to be many parts were different thus a repair was more expensive. These days its probably just a means of increasing a premium for no reason.


  • Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    BostonB wrote: »
    Where are you getting that from? Whats the difference in security between "imported" and non imported Japanese cars.

    It used to be many parts were different thus a repair was more expensive. These days its probably just a means of increasing a premium for no reason.

    Japanese 2nd hand cars imported into this country for the vast majority do not have immobilizers fitted as standard, this is due to the fact that in Japan there is almost zero car thefts so they are not required. All Irish/UK cars have immobilizers fitted since about 1997/8, this was due to a law passed to cut down on joyriding.

    If you look at reports of stolen cars that are posted on here they are all either 2nd hand Japanese imports or cars stolen with the owners keys.


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  • Closed Accounts Posts: 378 ✭✭LoveDucati2


    Sorry guys let me be clear.

    You must be a reg. dealer with an account with BMW fleet sales, to buy from the BMW fleet sales auctions.

    The Irish garages are landing these cars for about 25k and retailing them at over 35k euro at the minimum.


  • Registered Users, Registered Users 2 Posts: 12,678 ✭✭✭✭Owen


    The Irish garages are landing these cars for about 25k

    Wrong again. How in God's name can you make an assumption like that without actually viewing these private auctions, and seeing the invoices afterwards?

    Stop saying things as facts if they're not. You spent a week telling us all that a garage buying parts at one price and selling them at another was illegal, only to backpedal when questioned on it. You're doing the same again now.


  • Closed Accounts Posts: 378 ✭✭LoveDucati2


    ned78 wrote: »
    Wrong again. How in God's name can you make an assumption like that without actually viewing these private auctions, and seeing the invoices afterwards?

    Stop saying things as facts if they're not. You spent a week telling us all that a garage buying parts at one price and selling them at another was illegal, only to backpedal when questioned on it. You're doing the same again now.

    Ah Ned the Moderator strikes again, you really need to be moderated mate, where do you get off spouting about things you cannot possibly know.

    You closed the last 2 threads down so don't go quoting them again.

    But if anyone else is interested (sorry if your not )

    he is refering to the fact that I think its illegal that Darragh can charge some poor smhuck €77 of a kickback on a €300 clutch.

    I started a poll and funnily enough the majority of people voted that 25% was to much profit on parts, then it got hi-jacked by the usual loudmouths (including a Mod)



    I have been to these auctions Ned,
    Tipsy Mac wrote: »
    If they brought in 500 of them to sell at an inflated price they will quickly fine their businesses in receivership :D.

    They have been selling them for the last 4 or 5 months here, its just been unreported, like the fact the the government is paying 60% of all Dell redundancies.
    BostonB wrote: »
    I'm guessing they would be aiming at people who won't go to the UK, but like the idea of getting a deal of some sort.

    They are still charging the same Irish price.


  • Registered Users, Registered Users 2 Posts: 4,879 ✭✭✭bennyx_o


    Ah Ned the Moderator strikes again, you really need to be moderated mate, where do you get off spouting about things you cannot possibly know.

    IIRC, Ned works in a BMW/MINI garage, so he should, and more than likely does know what he's talking about. He also has no moderating powers in the Motors section, so couldn't possibly have closed two threads!

    How do you get to the auction? Are you a registered dealer with a BMW fleet sales? You mentioned your friend in the first post, are you sure he's not telling you porkies?


  • Registered Users, Registered Users 2 Posts: 12,678 ✭✭✭✭Owen


    You closed the last 2 threads down so don't go quoting them again.

    I didn't close any threads, I'm not a Moderator of this Forum. If I was, you'd be banned permenantly for constantly lying, and trying to convince people of half truths and slander.
    I have been to these auctions Ned

    Now you are lying. These auctions are carried out online.


  • Registered Users, Registered Users 2 Posts: 120 ✭✭DF1


    Reading an article in the paper today where BMW dealers are now actively sourcing secondhand cars from uk bmw dealers for curtomers. Nothing covert or anything.


  • Registered Users, Registered Users 2 Posts: 286 ✭✭SomeDude


    DF1 wrote: »
    Reading an article in the paper today where BMW dealers are now actively sourcing secondhand cars from uk bmw dealers for curtomers. Nothing covert or anything.

    What paper was this in please?


  • Registered Users, Registered Users 2 Posts: 120 ✭✭DF1


    SomeDude wrote: »
    What paper was this in please?


    It is in the business & money section of the sunday times, first page of this section on bottom left hand corner.


  • Registered Users, Registered Users 2 Posts: 286 ✭✭SomeDude


    DF1 wrote: »
    It is in the business & money section of the sunday times, first page of this section on bottom left hand corner.

    Thanks, must buy a copy. Pity it can't be read online.


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  • Registered Users, Registered Users 2 Posts: 4,879 ✭✭✭bennyx_o


    DF1 wrote: »
    Reading an article in the paper today where BMW dealers are now actively sourcing secondhand cars from uk bmw dealers for curtomers. Nothing covert or anything.

    Theres an ad on the radio for BMW mentioning this, too. Nothing wrong with it, some people don't want the hassle of going to the UK then VRTing it etc


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