MINI2 Header Logo

MINI2

Fuel for your MINI obsession

Welcome to MINI2.
You are currently viewing MINI2 as a guest.
Please register by clicking this link or login:
       
Search forums: Show: Advanced: Forums or Members or Tags
Tags: ,

Reply
 
LinkBack Thread Tools Search this Thread Rate Thread
Old Oct 18th, 2006, 05:57 AM   #61
mr.abulia
MINI2 Regular
 
mr.abulia's Avatar
 
Join Date: Jul 2006
Location: Calgary
Local Time: 01:46 PM
Posts: 241
Offline
Quote: Originally Posted by xtremepsionic (original)
Oh we are gullible..

2006 MCS base $20900 USD
2006 MSC Rallye pack $34100 CDN

For BMW's sake, I sure hope they were hedged against the drop in the US dollar. When the prices were originally set, that pricing actually made sense... now I'm honestly wondering why we all aren't buying our cars in the US! Even with the extra duty, it's much, much cheaper than buying them here. But that's what happens when pricing is set at one exchange rate and then everything changes
Canada Male   Reply With Quote
Alt Today
Sponsors

Sponsored Links


Registered members do not see Google Ads posts, they can also post messages, pictures, and classified adverts.
Register your free account today and become a member of MINI2 - MINI Forum
   
Old Oct 18th, 2006, 08:15 AM   #62 (permalink)
faster,Tobias!
Fanatically Enthiusiastic
 
faster,Tobias!'s Avatar
 
Join Date: Sep 2005
Location: Calgary, Alberta
Local Time: 01:46 PM
Posts: 1,165
Offline
Geez. Spend 1/2 your GNP on protecting the free world and what do you get? A dollar that drops faster than a $5 (US) hooker. Wheres the gratitude?
On a less sarcastic note, MINI/BMW are doing any current owner, and themselves, a favour; What would happen to your resale value f they decided to drop the price of a new car $5K? We all know what would happen. The 'phone to MINI HQ lines would be tied up for days by people that paid the higher price!! Manufacturers have to think long term - all it would to take to plunge us into another .60 CDN dollar would be one year of a NDP government. Wait, no, just the prospect of it would work..
Male   Reply With Quote
Old Oct 18th, 2006, 05:15 PM   #63 (permalink)
British SD
Northern Monkey!
 
British SD's Avatar
 
Join Date: Oct 2005
Location: In a Van by da river
Local Time: 01:46 PM
Posts: 367
Offline
Quote: Originally Posted by faster,Tobias! (original)
MINI/BMW are doing current owner, and themselves, a favour; What would happen to your resale value f they decided to drop the price of a new car $5K? We all know what would happen. The 'phone to MINI HQ lines would be tied up for days by people that paid the higher price!! .

Interesting 1970's socialist economics you are including in the discussion. Especially since we both grew up in England and already saw how miserable that turned out 30 years ago. But to answer your question, I myself would appreciate in time the higher purchasing value when I traded in just as I do with Electronics, Fruits and veg, and travel today. Hard to believe MINI Canada thinks its lining its pockets with inflated part costs and vehicles as a favor to me, but anythings possible!
Canada Male View British SD's Chili Red & White 1st Gen MINI Cooper Profile   Reply With Quote
Old Oct 18th, 2006, 06:50 PM   #64 (permalink)
faster,Tobias!
Fanatically Enthiusiastic
 
faster,Tobias!'s Avatar
 
Join Date: Sep 2005
Location: Calgary, Alberta
Local Time: 01:46 PM
Posts: 1,165
Offline
Not sure how you can draw a parallel between reckless Labour economic policy and the fact that if product A hits the market 20% cheaper than last year it instantly devalues items already sold. Electronics are something different; it is almost to the point wherein the product is obsolete by the time you get to the checkout, and thus the resale market is completely different. And I never mentioned parts, though I will point out that the excessive pricing in our market is related to the 'bling bling' stuff, and not the bits to keep the car going. Personally I think the pricing on OEM 'vanity' items is embarassing.
At the end of the day I still have a list of about 60 customers that wanted a MINI but couldn't get the numbers to work for them, but I'd sell them a car should the price drop. However there still wouldn't be enough cars to go around, and therein lies the key, I think, to pricing.
Male   Reply With Quote
Old Oct 18th, 2006, 06:50 PM   #65 (permalink)
xtremepsionic
Vroom!
 
xtremepsionic's Avatar
 
Join Date: Jul 2003
Location: Calgary, Alberta
Local Time: 01:46 PM
Posts: 1,036
Offline
Let's be realistic here, even GM cars are more expensive here than down in the states. For example, Saturn Sky starts at 25195 USD and $31935 CDN.

We're getting ripped off for car purchases, no doubt about it, but MINI's price difference (about a 1.6X difference) is a bit more than most maybe. The fact that we still buy it means 1. We're crazy 2. We're crazy 3. Other people are getting a great bargain.

Canada Male View xtremepsionic's Chili Red & White 1st Gen MINI Cooper Profile   Reply With Quote
Old Oct 18th, 2006, 06:59 PM   #66 (permalink)
bok
BluMeNe
 
bok's Avatar
 
Join Date: Jul 2006
Location: Cowtown
Local Time: 02:46 PM
Posts: 126
Offline
honestly, the prices are what the market will bear /shrug
would i have liked my MINI to be 10 grand cheaper? sure...but then every chump who owns a crappy civic would be considering a MINI instead....elitist? sure but part of the MINI charm is it's uniqueness.

as for the bling being expensive, that ticks me off, but i can always order from the states and find ways around the duty
Canada Male   Reply With Quote
Old Oct 18th, 2006, 08:09 PM   #67 (permalink)
MRC2K6
MINI2 Privilege Member
drive drive drive ...
 
MRC2K6's Avatar
 
Join Date: Aug 2003
Location: Calgary
Local Time: 02:46 PM
Posts: 351
Offline
Quote: Originally Posted by faster,Tobias! (original)
... What would happen to your resale value f they decided to drop the price of a new car $5K? ...

Isn't that what they did to the PT Cruiser last year? Common sense says we would all be mad.

Driving is Everything ... Anything else is just waiting around ...
Canada Male View MRC2K6's Solid Black & Body Color 1st Gen MINI Cooper S Profile   Reply With Quote
Old Oct 18th, 2006, 10:25 PM   #68 (permalink)
mr.abulia
MINI2 Regular
 
mr.abulia's Avatar
 
Join Date: Jul 2006
Location: Calgary
Local Time: 01:46 PM
Posts: 241
Offline
Quote: Originally Posted by faster,Tobias! (original)
Not sure how you can draw a parallel between reckless Labour economic policy and the fact that if product A hits the market 20% cheaper than last year it instantly devalues items already sold. Electronics are something different; it is almost to the point wherein the product is obsolete by the time you get to the checkout, and thus the resale market is completely different. And I never mentioned parts, though I will point out that the excessive pricing in our market is related to the 'bling bling' stuff, and not the bits to keep the car going. Personally I think the pricing on OEM 'vanity' items is embarassing.
At the end of the day I still have a list of about 60 customers that wanted a MINI but couldn't get the numbers to work for them, but I'd sell them a car should the price drop. However there still wouldn't be enough cars to go around, and therein lies the key, I think, to pricing.

The odd thing is that cars are instantly devalued when sold anyway. Just as an example, take the used BMWs on the Crowfoot lot right now: they have a 2003 (I believe) 330i sedan with M package for $42k and change. Beautiful car. 230hp. However, the brand new 328i sedan inside the showroom is the exact same price with the exact same power. Why would anyone buy the older car with older technology? It doesn't make sense... that used car should be of a much lower value than is being charged! The fact is that supply and demand run the market: the BMW dealership is able to charge a new car price for the used car for two reasons: 1, ther is such a demand on the new 3-series sedans that there is a shortage of availability, hence someone may pay a premium for the used vehicle in order to have it instantly. 2, the 330 is a higher cachet than 328, so even though the car is in every way inferior to the new vehicle, someone may find it more attractive simply because it is a higher model number. (Personally I like to think that it is the first reason that will move the car off the lot rather than the second.)

What does this mean for MINI? It means that as long as there is demand for the cars, it does not really matter what the new price of the car is: the used price will be set based on demand for the product. Interestingly, I've noticed a few cars that are starting to drop in price: for example, a 2003 S in Vancouver is going for under $24k now. This could be anomolous, but we should be prepared for the fact that the rosy resale value will not last forever, particularly with the introduction of a new model and the ever-increasing number of MINIs on the road.

I think I'm digressing now... but my point is that the pricing of the car is fair, since it is what the market will bear. And the price of the car in Canada should not be reduced, as our dollar has not gained significantly on the euro... it's just that the US price should be increased as their dollar has nosedived. However, even if the price WAS reduced, teh used car market would still be controlled by supply and demand rather than by the price of the newer item, although naturally that price will affect supply and demand!

That's all for now... I have to go decide how the heck I'm going to get an overpriced blue CP car into my driveway. I know I can get virtually the same car far cheaper in the US, but that's simply not worth the hassle
Canada Male   Reply With Quote
Old Oct 18th, 2006, 10:44 PM   #69 (permalink)
I Am Canadian
MINI2 Regular
 
I Am Canadian's Avatar
 
Join Date: Sep 2002
Location: Alberta's Capital
Local Time: 02:46 PM
Posts: 148
Offline
Quote: Originally Posted by mr.abulia (original)
That's all for now... I have to go decide how the heck I'm going to get an overpriced blue CP car into my driveway. I know I can get virtually the same car far cheaper in the US, but that's simply not worth the hassle

OK! Mr. A., I am officially the little devil on your left shoulder. You can find the angel elsewhere. BUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY IT

Come on and join the club of CP owners. After all, there are only four posters on this board with one.

That is all.

P.S. BUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY ITBUY IT
Canada   Reply With Quote
Old Oct 18th, 2006, 10:58 PM   #70 (permalink)
mark-o
MINI2 4 ME
 
mark-o's Avatar
 
Join Date: Aug 2006
Location: Calgary, AB
Local Time: 02:46 PM
Posts: 295
Offline
Ok people, we have to sell Mr. A's p-car for him... this is getting stupid.

- Mr A. make up an ad for your car and we'll post it online somewhere public (or send me one) and we'll all do what we can to drum up some click-throughs for you.

-M
Canada Male   Reply With Quote
Old Oct 19th, 2006, 12:42 AM   #71 (permalink)
MiniPapa
MINI2 Regular
 
MiniPapa's Avatar
 
Join Date: Apr 2006
Location: Calgary
Local Time: 02:46 PM
Posts: 84
Offline
I can send an ad around my office too, if you like. There's got to be an exec or 2 that are looking for a new ride.
Canada Male   Reply With Quote
Old Oct 19th, 2006, 11:34 AM   #72 (permalink)
British SD
Northern Monkey!
 
British SD's Avatar
 
Join Date: Oct 2005
Location: In a Van by da river
Local Time: 01:46 PM
Posts: 367
Offline
Quote: Originally Posted by mr.abulia (original)

What does this mean for MINI? It means that as long as there is demand for the cars, it does not really matter what the new price of the car is: the used price will be set based on demand for the product

And the price of the car in Canada should not be reduced, as our dollar has not gained significantly on the euro

In a free market, every price is based on supply and demand. My point is simply, I have looked into this and found most MINI parts and OEM upgrades like JCW Packages, Rims and tires etc are now significantly cheaper in the U.S. due to what I expect is primarily currency valuations and high MINI Canada pricing.

MINI Canada are well within their right as is yours and mine to shop elsewhere including the U.S. where so desired. Owners in Vancouver are only 170 miles from a dealer in Tacoma WA or owners in Toronto are 100 miles from a dealer in Buffalo, NY. A tempting roadtrip for them if they are considering significant upgrades like JCW, OEM rims&tires or worse, a used MINI because large $$ can be saved.

I am not sure of your other point since the U.K. is on the £ and not the €? Anyways, what concerns me is the purchasing value of taking a C$ and receiving more value by spending it in the U.S. and at what point do new and old Canadian owners say, screw MINI Canada, I'm importing a MINI/or parts from the U.S.? Something that I know is already going on!

Last edited by British SD : Oct 19th, 2006 at 12:43 PM.
Canada Male View British SD's Chili Red & White 1st Gen MINI Cooper Profile   Reply With Quote
Old Oct 19th, 2006, 06:23 PM   #73 (permalink)
xtremepsionic
Vroom!
 
xtremepsionic's Avatar
 
Join Date: Jul 2003
Location: Calgary, Alberta
Local Time: 01:46 PM
Posts: 1,036
Offline
Quote: Originally Posted by British SD (original)
In a free market, every price is based on supply and demand. My point is simply, I have looked into this and found most MINI parts and OEM upgrades like JCW Packages, Rims and tires etc are now significantly cheaper in the U.S. due to what I expect is primarily currency valuations and high MINI Canada pricing.

MINI Canada are well within their right as is yours and mine to shop elsewhere including the U.S. where so desired. Owners in Vancouver are only 170 miles from a dealer in Tacoma WA or owners in Toronto are 100 miles from a dealer in Buffalo, NY. A tempting roadtrip for them if they are considering significant upgrades like JCW, OEM rims&tires or worse, a used MINI because large $$ can be saved.

I am not sure of your other point since the U.K. is on the £ and not the €? Anyways, what concerns me is the purchasing value of taking a C$ and receiving more value by spending it in the U.S. and at what point do new and old Canadian owners say, screw MINI Canada, I'm importing a MINI/or parts from the U.S.? Something that I know is already going on!

Dude... you typed all that at 4:30am? Get some sleep buddy!


Last edited by xtremepsionic : Oct 20th, 2006 at 07:00 AM.
Canada Male View xtremepsionic's Chili Red & White 1st Gen MINI Cooper Profile   Reply With Quote
Old Oct 20th, 2006, 04:13 AM   #74 (permalink)
mr.abulia
MINI2 Regular
 
mr.abulia's Avatar
 
Join Date: Jul 2006
Location: Calgary
Local Time: 01:46 PM
Posts: 241
Offline
I completely agree with British SD... while currency fluctuations etc. can explain the prices of new cars, and while supply and demand the price of used, the accessory pricing is just plain whack. Only thing I can think of is bulk purchasing power of MINI USA over MINI Canada, but I'm not really buying that as an explanation. There's gotta be a free market explanation for it.

To all those eager to help me sell the C4s: Thank you! I don't have a copy of my ad with me on this trip, but will try to make up a new one tomorrow morning.
Canada Male   Reply With Quote
Old Oct 22nd, 2006, 04:53 PM   #75 (permalink)
heli_guy
Fly Heli's they're fun!
 
heli_guy's Avatar
 
Join Date: Nov 2005
Location: Calgary
Local Time: 01:46 PM
Posts: 177
Offline
Send a message via Skype™ to heli_guy
Obviously the accessory pricing is where it is because they can! As you said market demand. If people will pay those prices for things, and they are making acceptable profit, then that is what the price will be. They assume a certain sales volume, and thus they price it to match that.

I agree the accessories are highway robbery, but unless there is an alternative, they sort of have a monopoly.

As for the pricing of the car, for a LONG time it was much cheaper to buy cars in canada, and the us people were wondering why their's were so high. It is hard for a car company to drop prices rapidly because the dollar rapidly changes. oh well we lose now, but we did win before.

One problem with importing cars from the states is their safety regulations are different, so you may have to make some changes to the car before you are allowed to bring it into canada. (day time running lights for example are not mandatory in the states!)

I guess it is what it is. If we want the car, we gotta pay. Oh well too bad so sad, let's enjoy them.

Boy, this thread got off topic
Canada Male View heli_guy's Nightfire Red & Silver 2nd Gen MINI Cooper Clubman Profile   Reply With Quote
Alt Today
Sponsors

Sponsored Links


Registered members do not see Ads posts, they can also post messages, pictures, and classified adverts.
Register your free account today and become a member of MINI2 - MINI Forum
   
Reply
More is car insurance


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
How much discount on SoHo (Ontario)? MiniM Canada 23 Feb 5th, 2007 06:21 PM
Winter tires for Mini Soho 2006 DocN Canada 20 Feb 1st, 2007 11:41 PM
Is the Chrome line interior a factory option or an accessory option? dave316 Interior & Ice 7 Aug 30th, 2004 04:46 PM
if I order the navigation option, would I still need trip computer option? dualceleron General Discussion 2 Aug 10th, 2002 05:15 PM
Spotted In Soho Nyc CASMini MINI Cooper S 0 Jul 20th, 2002 10:31 PM