Fulcrum29
Honorary Master
My mother in law does vehicle financing, she told me stories, many which will shock some Forumnites.
-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: Will you be subscribing to the new Disney+ R49 streaming package?
New Merc C-Class - SA prices, specs
- Thread starter OrbitalDawn
- Start date
My mother in law does vehicle financing, she told me stories, many which will shock some Forumnites.
At the rate that ZAR vs USD is going, chances are in a few years you'll probably be paying around R400k
for a 2 year old c-class...Most likely the Rand to Dollar exchange...
R400000 now at R11/$ would've costed around R270000 a few years back when it was R7.5/$
Fazda
Honorary Master
GFV will posssibly be one way to do it - I am finally relieved that I will be leaving the motor industry mid year - I don't think sales are going to recover much for a long time.
Exactly - and the economists kept on crying about the Rand being too strong - so now the only people benefitting are the exporters, and the rest of us suffer.
ToxicBunny
Oi! Leave me out of this...
Where you missioning off to Uncle Fazda?
Who will we turn to for motoring support and advice if you are leaving the industry in the lurch?.. Even Subaru Durban will no longer be a potentially trusted dealership.
Who will we turn to for motoring support and advice if you are leaving the industry in the lurch?.. Even Subaru Durban will no longer be a potentially trusted dealership.
Apologies if I'm derping... But wouldn't the Rand to Euro exchange be the more important exchange rate in this case?
Fazda
Honorary Master
Don't worry, I'll still be around spewing out my Pearls of Wisdom!!
Industry says that I have to retire, so that's what I'll be doing...No - Euro actually doesn't come in to it - most of the car industry still goes back to Dollar/ Rand exchange rate when prices are being negotiated - I have no idea why. A huge exception in my case is the fact that Subaru works on Rand/Yen and that is why we have kept our prices static since last March. We finally have to push the prices up slightly on 1 April, but nothing like those based on the Dollar.
satanboy
Psychonaut seven
Dan C
Honorary Master
At the rate that ZAR vs USD is going, chances are in a few years you'll probably be paying around R400k
Hmmm C-Classes are not imported (except for the CLK), thus nothing to do with exchange rates except for the imported parts to build the vehicle (mostly from Germany). But then again an OEM benefits from the higher US exchange rate when exporting (i.e. the higher the dollar goes, the more money SA makes) and can adjust the local market accordingly. The biggest factor here is Ad Valorem taxes, APDP is still new.. not sure what we can expect when Tyre tax comes alongs. (co2 tax is not that bad atm).
Quantum Theory
Executive Member
Is the new C still built in East London? I know a few companies have been thinking of moving elsewhere...
You mean all those Bosch parts and other off the shelf components..?
WaxLyrical
Honorary Master
They dont, the bank does
Quite a few people can afford the R8k monthly payments.
Current c class owners will just upgrade.
GarethC
Well-Known Member
genetic
Honorary Master
ColonelJAck
Senior Member
Not the prettiest back end but a nice front.