How to calculate agent mark-up

[Sonnytay]

Anybody know how we can calculate how much the agent mark-up over the "cost" of new vehicle?

 

Went to the onemotoring website to calculate 'New Vehicle Registration Cost' for a few model I'm interested in, either the figures I input is wrong or seems like the average mark-up is around 15k - 20k per vehicle.

[Potheader]

So much? I guess your figures are wrong..

[Silver_blade]

Have a look at this link.

 

http://www.onemotoring.com.sg/publish/onem...r_Cost_2004.PDF

[Soya]

depending on the model, $15-20k markup is not uncommon. some jap models even hv a markup between $25-$30k.

[Silver_blade]

some jap models even hv a markup between $25-$30k. ....and you still lots of ppl think it is value-for-money

[Soya]

a classic example of cheap and value-for-money not necessarily being the same.

[Sonnytay]

Great Link, Thanks!

 

Going through the list, the mark-up is really about 15-20k for the 2ltr car. Anybody ever tried to bargain with agent using such info?? I guess the success rate wouldn't be high.

[Skoda_Man]

Present day it is like 5K or so after you deduct free servicing and warrenty. Mfg offer only 1 year warrenty while agent offer 3 years, they have to makan the additional 2 years. But then again they have tricks up their sleeves to reduce the cost.

[Silver_blade]

But then again they have tricks up their sleeves to reduce the cost.

Yup. Like telling you, this and that is not under warrenty b'cos it is considered wear and tear item....or this is normal, not a fault.