Why new car price does give enough info
Discussion
Hi all
As you all know, the used car price went up dramatically in recent months due to chip shortage, environmental regulation gets toughen, cheap specs being cut on new cars, supply and demand on the market.
I recently saw https://electrek.co/2021/07/30/tesla-reduces-model... I realise Tesla model 3 base price is 28000 £ while in uk customer pays 43000 pounds. Inevitably, the cheap price is due to Tesla Shanghai factory and government grant, while UK customers might get the Tesla shipped from Shanghai.
I know some car manufacture will breakdown the price to customer like https://www.tesla.com/en_GB/blog/fair-price
$81,070 US price
$3,600 Shipping & handling
$19,000 Customs duties & taxes
$17,700 VAT
$121, 370 Total
so everyone knows what they are actually paying for. However this is not the case in reality.
My question is:
Why providing essential price breakdown on new car is not a standard?
As you all know, the used car price went up dramatically in recent months due to chip shortage, environmental regulation gets toughen, cheap specs being cut on new cars, supply and demand on the market.
I recently saw https://electrek.co/2021/07/30/tesla-reduces-model... I realise Tesla model 3 base price is 28000 £ while in uk customer pays 43000 pounds. Inevitably, the cheap price is due to Tesla Shanghai factory and government grant, while UK customers might get the Tesla shipped from Shanghai.
I know some car manufacture will breakdown the price to customer like https://www.tesla.com/en_GB/blog/fair-price
$81,070 US price
$3,600 Shipping & handling
$19,000 Customs duties & taxes
$17,700 VAT
$121, 370 Total
so everyone knows what they are actually paying for. However this is not the case in reality.
My question is:
Why providing essential price breakdown on new car is not a standard?
You're right, it is not a problem for most of us.
However, I personally think, it is a very good information to have when making a big purchase like buying a new car. So that these information will contribute to final purchase decision. Like it is good to know how much money goes into logistics instead of car quality itself. And more people will support domestic manufactured brands.
However, I personally think, it is a very good information to have when making a big purchase like buying a new car. So that these information will contribute to final purchase decision. Like it is good to know how much money goes into logistics instead of car quality itself. And more people will support domestic manufactured brands.
I'd also agree it is not much of an issue - if it was you'd see adverts saying "Buy a Sunderland built Nissan Juke and save 10% import duty".
I'm sure you can speak to a dealer and get a price breakdown on the taxes.
The main reason is that the UK laws are aimed at making sellers (of any product) display the price with all taxes and fees included whereas the American especially like splitting out the costs, partly for political reasons ("look how much tax you are paying!") and partly because the tax rates are different from state-to-state even city-to-city.
I'm sure you can speak to a dealer and get a price breakdown on the taxes.
The main reason is that the UK laws are aimed at making sellers (of any product) display the price with all taxes and fees included whereas the American especially like splitting out the costs, partly for political reasons ("look how much tax you are paying!") and partly because the tax rates are different from state-to-state even city-to-city.
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