V8 Ford Mustangs Going Cheap

[recycled]

I doubt it mate.
As a relative works in ellesmere port, he says in the annual figures, to produce a 1.6 astra from start to finish including manufacturing labour and materials costs £967.15
there are still other charges like auxiliary labour, e.g fees ,dues, unions, cleaners ,indirect labour, managers, bills, e.t.c to be paid but how it retails above £10k is even beyond him

 

[hawk20]

I doubt it mate.
As a relative works in ellesmere port, he says in the annual figures, to produce a 1.6 astra from start to finish including manufacturing labour and materials costs £967.15
there are still other charges like auxiliary labour, e.g fees ,dues, unions, cleaners ,indirect labour, managers, bills, e.t.c to be paid but how it retails above £10k is even beyond him

Tell your relative his figures are way out. Most car makers lose money. Most cars cost more to produce than they sell for but you have to include all costs not just a few selected items.

 

[recycled]

Do they ? i doubt it. the ones who do are in the dustbin.
the ones who want you to think they are, are cleaning out your pockets.
most cost comes from design/testing and development which is not included in the manufacturing cost

 

[Bobby Dazzler]

253,433 units sold in the US in 2007,

Source: http://www.emercedesbenz.com/Jan08/07_Mercedes_Benz_USA_Notes_Record_Sales_In_2007.html

That's 20% of the 1,285,900 units sold worldwide.

In Western Europe 372,400 units were sold for the same period.

Source: http://news.mercedes-benz.co.uk/?p=3453

A quarter of a million cars is a whole heap of metal!!

 

[hawk20]

Do they ? i doubt it. the ones who do are in the dustbin.
the ones who want you to think they are, are cleaning out your pockets

That is just an amazing statement. The accounts of the major companies are all audited by independent auditors, crawled over by finance experts, economists and accountants in all the investment and broking houses, and are watched by shareholders too (which include all the big pension funds). Chrysler lost over a billion dollars in one quarter. GM have lost billions too and so have Ford. Both are genuinely at risk of going bankrupt. Do a google and see what you can find about Fiat, Renault and others over recent years. Mitsubishi. Smart.

Unless you think it is all a great capitalist plot to fool us all the statement that most car makers lose money is true.

 

[recycled]

even the oil companies and banks that make billions in profit still tell you they operate at a loss.
if they are all losing money, and have been for a number of years then who is sustaining the industry? the government? i doubt it.
And so why have ford not gone bankrupt yet, or chrysler or Gm?
i suggest you google manufacturing sites yourself and not the dealers sites at all. you will be surprised

 

[hawk20]

even the oil companies and banks that make billions in profit still tell you they operate at a loss

No they don't. Find me one major oil company that makes a loss and put up a proper link that shows this.
All the major UK banks make profits. Just do a Google and get some facts.

 

[glojo]

Don't forget that the $26K price is list, so the cars are probably pretty heavily discounted from that.
You can ship a car from the US - a couple in a container for maybe £1000 each. There would be UK VAT. Not sure if any import duty, but £16,000 sounds entirely feasible.

I disagree and the price I quoted is EXCLUDING:

Total Base MSRP and Options does not usually include sales or other taxes, tags, registration fees, government fees, smog certificates, emission testing charges, finance charges, and dealer document preparation charges. Pricing and availability varies based on but not limited to Region, Options, Dealer, Make, Model, and Costs. This data is provided for informational purposes only and actual pricing information may only be obtained from your local dealer.
Destination Charge: Cost of transporting the vehicle from the assembly plant to the dealership. Depends on variables (such as weight) related to the type of vehicle. This is a flat fee established by the manufacturer and is not negotiable


The figures quoted by most folks that want to wave the US price differential will usually exclude all the additional costs that these many taxes will impose, plus it will differ from state to state.

Most Americans prefer to walk into a dealer and buy a new car that is on the showroom floor, so there will be wiggle room to negotiate but I strongly disagree with your figures. There is import duty, there is VAT and there are also other costs taxes and I would be very very interested to know where on earth you get the figure of £16,000 for a new Ford Mustang V8 coupe from? To quote Victor...... I do not believe it.

Regards
John

 

[Bobby Dazzler]

Porsche are one of the few that are genuinely profitable.

First-half profit (to 31 Jan 2007) c 1bn Euros, although half of it is thought to come from playing the market, with hedging and other clever stuff.

 

[recycled]

No they don't. Find me one major oil company that makes a loss and put up a proper link that shows this.
All the major UK banks make profits. Just do a Google and get some facts.

I said they tell you they operate at a loss ,not that they make a loss.
we all know they do not.
get some proper facts and do not read my posts with the wrong interpretation.

 

[Bobby Dazzler]

Which banks say they don't make a profit??

 

[hawk20]

I said they tell you they operate at a loss ,not that they make a loss.
we all know they do not.
get some proper facts and do not read my posts with the wrong interpretation.

OK want some facts: try these for starters: -
HSBC make £9.6 billion
http://news.bbc.co.uk/1/hi/business/4303653.stm
http://news.bbc.co.uk/2/hi/business/4305751.stm
http://www.rbs.com/

RBS about £7 billion
http://news.bbc.co.uk/2/hi/business/4293167.stm

Barclays about £4.6 billion
http://news.bbc.co.uk/2/hi/business/4293167.stm

I won’t go on.

 

[BTB 500]

I also don't know offhand of any oil company that says it operates at a loss.

It's true that UK retail forecourts barely break even ... but the companies generally make good money in other sectors (refining, trading, chemicals, shipping, etc.), which more than offsets that.

 

[recycled]

the point is that most bank losses occur in the US which dircetly affect us here on the credit market.
the point i am making if you understand my posts is that although the UK banks are churning out obscene profits, they put up the notion that the profits are not real time (i.e not the right forecasts) so as to make us believe that they are shouldering the burden inthe financial market of the global credit crunch.
its all in the perception of the market

http://money.aol.co.uk/money-news/bank-profits-lower-than-forecast/article/20080227025309990003

http://news.uk.msn.com/Article.aspx?cp-documentid=7647377

http://business.timesonline.co.uk/t...ectors/banking_and_finance/article3234485.ece

You cannot ignore other world markets in a global economy .

As you can see all claim their profits do not come from the UK or at least some of the do.

As my line of work involvesthe EU /most of africa and the US in a global market, you could make billions in vietnam and a few quid in the Eu and the financial figures will state that you are making a loss in the Eu or in europe but in reality you are not. as the statisitics in africa are really not very relevant in some financial fields

 

[recycled]

I also don't know offhand of any oil company that says it operates at a loss.
.

here is one my friend
http://www.roc-oil.co.uk/Public/Ann...year_report_and_results_300807_attachment.pdf

 

[hawk20]

even the oil companies and banks that make billions in profit still tell you they operate at a loss.

Before you move the goalposts right off the field this -above- is what you said. And it was not true. The banks do make profits and they do tell us that they make profits. Huge ones actually.

Here's an article, which many may find interesting, on the effects of the falling dollar on a major European car maker: -
http://www.ft.com/cms/s/0/9e0279f6-eada-11dc-a5f4-0000779fd2ac.html?nclick_check=1

 

[recycled]

No they don't. Find me one major oil company that makes a loss .

You are the one moving goalposts .this is what you said and i have put up a link.
One major oil company. e.t.c

 

[BTB 500]

here is one my friend
http://www.roc-oil.co.uk/Public/Ann...year_report_and_results_300807_attachment.pdf

OK a small Australian oil company I've never heard of. I stand corrected.

 

[recycled]

Before you move the goalposts right off the field this -above- is what you said. And it was not true. The banks do make profits and they do tell us that they make profits. Huge ones actually.

goalposts to move? here are some
banks losses

http://uk.news.yahoo.com/rtrs/20080304/tbs-us-usa-fed-kohn-03c9bed.html

http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=427455&in_page_id=19


http://business.timesonline.co.uk/t...ectors/banking_and_finance/article3436379.ece

http://news.sky.com/skynews/article/0,,30400-1307645,00.html

 

[hawk20]

This company offers 2007 Mustangs with delivery miles for from £16,999
The Internet Car Showroom
Used car dealer in: Hampshire, Hartley Witney
01252 845353
http://www.buyyourcar.co.uk/spec/ford/mustang/code/awb1528125.aspx