[gmzanatta]

Originally Posted by zenmaster

Didn't know BMW increases their prices for certain countries.

Yes for some markets they do. Oddly enough, if you convert our CDN pricing to US dollars, our MSRP is only $47,000 USD.

Most M2 buyers in Canada are being asked to sign a 12-month agreement not to sell in the USA. I politely refused and told them once I buy the car, it is mine and I will do with it as I please.

Further to this, CDN dealerships are not allowed to sell cars to American citizens and vice-versa, nor will they take American cars as trade-ins.

[zenmaster]

Originally Posted by gmzanatta

Yes for some markets they do. Oddly enough, if you convert our CDN pricing to US dollars, our MSRP is only $47,000 USD.

I noticed that too. I just checked a random car MSRP - a Honda Accord has the same price difference. This is about $4500. So prob govt embedded fee.

[Em-Two]

Originally Posted by gmzanatta

Yes for some markets they do. Oddly enough, if you convert our CDN pricing to US dollars, our MSRP is only $47,000 USD.

Most M2 buyers in Canada are being asked to sign a 12-month agreement not to sell in the USA. I politely refused and told them once I buy the car, it is mine and I will do with it as I please.

Further to this, CDN dealerships are not allowed to sell cars to American citizens and vice-versa, nor will they take American cars as trade-ins.

This isn't entirely true. You can import vehicles across the border but it's expensive to do so and often requires additional modification to the bumpers (different impact ratings in Canada and the USA). I imported a vehicle to Canada from the USA a few years back and it ended up costing about 8% of the MSRP once all was said and done. And that was cheap since I owned the vehicle for more than 6 months, if you own it less than 6 months you have to pay local state or provincial taxes where you are importing to on top of the duty. Once the car is imported to your destination country you can sell or do what you want with it.

There are companies that specialize on the import/export across the USA and Canadian border and this is all they do, including delivery to your door. I actually thought about it when the pricing was released for the Canadian M2 when the dollar was only 71 cents US.

[turboadam]

Yeah, taxes make a huge difference (but def not all) to vehicle pricing around the world.

[///M-pressed]

Originally Posted by Bluenose-1er

If Australia and Canada are tied on this M sales list, why are we sitting at 80 M2s and someone noted Australia had 300 allocations (before this latest addition) - was that all for calendar year 2016? Doesn't add up. Though I know the prices are waaaay higher down there, and shipping doesn't really explain all of it.

It's not just shipping, it's more to do with taxes. We have to pay a sales tax of 10%, a Luxury car tax of 33% of the value of the car once it is over the value of $63000AUD which would be the difference between the ex-sales tax price and the $63000 threshold. Then we have to pay something called stamp duty and finally dealer delivery.

I'll add up what it says on my sales contract:
$3995AUD dealer delivery
$8175AUD Sales tax
$8022.30AUD Luxury car tax
$4000AUD Stamp duty

Total= $24192.30AUD (17300USD or 22492CAD)

We get royally screwed here =)

What's it like in Canada?

[gmzanatta]

Originally Posted by Attuale

It's not just shipping, it's more to do with taxes. We have to pay a sales tax of 10%, a Luxury car tax of 33% of the value of the car once it is over the value of $63000AUD which would be the difference between the ex-sales tax price and the $63000 threshold. Then we have to pay something called stamp duty and finally dealer delivery.

I'll add up what it says on my sales contract:
$3995AUD dealer delivery
$8175AUD Sales tax
$8022.30AUD Luxury car tax
$4000AUD Stamp duty

Total= $24192.30AUD (17300USD or 22492CAD)

We get royally screwed here =)

What's it like in Canada?

Our MSRP is usually 15-20% higher than American counterpart and then we pay sales tax on top of that - ranges from 5% in Alberta to 15% in NB and PEI.

What screwed us over is lack of options - in Canada most cars come fully loaded or very close to it and you can't spec individual options most of the time.

For example: the M2 only has one option - the $600 telephony package.

[den525]

Originally Posted by zenmaster

I can't make sense of it. But here's what I found as far as full BMW M cars sold last year (~35,000 worldwide total sales):

MktPos Units  Country       Pop
1      14504  United States 320,090,857
2      4000   Great Britain  64,596,800 
3      3200   Germany        80,688,545
4      xxx    Canada         35,749,600 
4      1000   Australia      24,094,300
5      916    South Africa   54,490,406

Have no idea why Canada and Australia are tied for 4th, but seems they are as Germany is definitely 3rd and South Africa is definitely 5th.

Pretty understandable... per capita Australia outsells everyone. BMW charge more for cars to Australia, win win for everyone.

[Bluenose-2er]

Originally Posted by Attuale

It's not just shipping, it's more to do with taxes. We have to pay a sales tax of 10%, a Luxury car tax of 33% of the value of the car once it is over the value of $63000AUD which would be the difference between the ex-sales tax price and the $63000 threshold. Then we have to pay something called stamp duty and finally dealer delivery.

I'll add up what it says on my sales contract:
$3995AUD dealer delivery
$8175AUD Sales tax
$8022.30AUD Luxury car tax
$4000AUD Stamp duty

Total= $24192.30AUD (17300USD or 22492CAD)

We get royally screwed here =)

What's it like in Canada?

I will immediately stop complaining about our 15% sales tax! Wow!!

Don't have my quote with me at work, but our dealer delivery varies ... typically around $2K CDN. With MSRP at $61K CDN our sales tax here in Nova Scotia is around $10K CDN (includes federal and provincial). Our MSRP is higher than the US, but not as much as exchange rates would dictate.

I think it is about $75K CDN all in to drive away with an M2 (well... plus 12 months of waiting).

Other than watching our governments make stupid decisions with their $10K cut, I guess we really don't have much to complain about.

[///M-pressed]

Originally Posted by Bluenose-1er

I will immediately stop complaining about our 15% sales tax! Wow!!

Don't have my quote with me at work, but our dealer delivery varies ... typically around $2K CDN. With MSRP at $61K CDN our sales tax here in Nova Scotia is around $10K CDN (includes federal and provincial). Our MSRP is higher than the US, but not as much as exchange rates would dictate.

I think it is about $75K CDN all in to drive away with an M2 (well... plus 12 months of waiting).

Other than watching our governments make stupid decisions with their $10K cut, I guess we really don't have much to complain about.

Yes compared to us, you don't have much to complain about =)

[Arcanum-UK]

Originally Posted by den525

Pretty understandable... per capita Australia outsells everyone. BMW charge more for cars to Australia, win win for everyone.

What am I missing? 1,000 M cars in Australia for 24-Million people vs 4,000 M cars in the UK for 65-Million people. Isn't the UK per capita higher?

I was thinking your tax rate was pretty horrible then remembered that VAT and Road-Fund-License in the UK meant I paid £11K/$16K USD in tax which is almost as bad

[den525]

Originally Posted by Arcanum-UK

What am I missing? 1,000 M cars in Australia for 24-Million people vs 4,000 M cars in the UK for 65-Million people. Isn't the UK per capita higher?

I was thinking your tax rate was pretty horrible then remembered that VAT and Road-Fund-License in the UK meant I paid £11K/$16K USD in tax which is almost as bad

1900 allocations for the UK already, don't need more!

As for taxes? Sorry in Australia it's much worse. 10% GST plus stamp duty $45k or more = $1350 plus 5% anything over plus LCT 33% (amount over $68k)...

So rrp is $98k for the M2 $9800 is GST included, plus $4000 stamp duty plus $10500 LCT plus dealer deliver (which is not a tax). Making it $114k driveaway...

However dealers usually offer discounts such a no stamp duty or dealer delivery. However, technically buying a M2 $25k of the $114k is tax which is 22% (which is $18kUSD or £12k).

$25k in tax is only for a relatively cheap car like a M2 under $100k AUD. When you're buying a $200k car, you're paying $41k in LCT alone, plus $20k in GST and $10k in stamp duty...

So BMW in Australia is still making $89k, hence they're still making more per car in Australia than most countries.

[Arcanum-UK]

The UK is, according to BMW comments in the press, getting 450 M2's in 2016. The 1,900 M2's is across the entire production run. Again, that's what BMW are saying. Per-Capita, the UK buys a lot more M cars than Australia so would not be surprising if the UK is prioritised.

Certainly, the Aussie tax rate is worse. However $114K AUD is £57K GBP. I paid £51K GBP all be it for a pretty much fully optioned DCT equipped car. The Americans get a nice price in comparison! Singapore is the place to avoid as they're paying $250K USD for a 3-series!

[zenmaster]

Originally Posted by den525

1900 allocations for the UK already, don't need more!

1900 from 2016-2020.