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Old 24th January 2007, 22:36   #11 (permalink)
1Day
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Quote:
Originally Posted by sbasak View Post
Ultimately it's the buyer's choice whether he wants to buy Porsche or not!

I can't blame them - after all they are doing business. 10% profit margin is not something robbery. Our soft drink bottles cost Rs 10 and they made profit of over Rs 6/7 per bottle!
Some branded watches like Gucci, Omega, TagHeuer, Rolex etc. can cost over Rs 1 lakh.

Cars like Porsche, Lambo, Ferrari, Aston etc. are not sold as just cars but like brands (to give buyers I have something you don't feeling) - so they demand more money
BTW porsche usually range from 75-200k max with an avg of about 125k, so you are looking at about 20+% profit margin. But i agree watches have a retail margin of 55% and above that the margin that the manufacturers have is about 10-15%. 1 L for a watch is quite cheap if you ask me, just like cars watches get well into very high price range the most expensive watch is more expensive than the most expensive car. The only diff is there is no customs duty being put on them when sold in india else ppl could easily be wearing a C class or an S class on their hand.

Anyhow I wouldnt include Porsche in the same league as Ferrari or Lambo, they are much smaller and focused manufacturers making about 2500 - 5000 cars anually where as porsche makes well over 70,000 i think. so dont include porsche in the exotics category..
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Last edited by 1Day : 24th January 2007 at 22:37.
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