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Old 29th June 2008, 21:00   #121
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A Honda CR-V which attracts a 120 % duty, so I would have to say yes...

Without the duties, a CR-V 2.0 would sell for around 10 lacs on road price...

And we thought Scorpio was good VFM
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Old 29th June 2008, 22:42   #122
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I competely agree that we are ripped off.

I think that this is mainly because of taxes and the manufacturers attitude. The manufacturers attitude although plays a very small role in prices, but they do overprice products sometimes.
For e.g. a Suzuki SX4 Sport ( i.e. SX4 Sedan in US ) has 2.0 ltr. engine and 7 years/100,000 mile warranty and this range starts at $14,339.
In India this equals to 14339 * 41 = 587,899 rs. Now in India we get 1.6 ltr engine and a lesser warranty.

Last edited by aaggoswami : 29th June 2008 at 22:44.
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Old 16th August 2008, 13:24   #123
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The govt is really mad. With the additional Guzzler Tax, we sure are getting ripped off big time.Excise,Guzzler Tax,Vat on the full amount.Registration charges based on the car price in some cities.!

We pay taxes on taxes and not just the base!
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Old 16th August 2008, 14:09   #124
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Originally Posted by evo View Post
The govt is really mad. With the additional Guzzler Tax, we sure are getting ripped off big time.Excise,Guzzler Tax,Vat on the full amount.Registration charges based on the car price in some cities.!

We pay taxes on taxes and not just the base!
We need to pay registration charges based on car price in All the cities and this is also referred as road tax, the kind of roads we get these days its easy to understand who is eating all that money.
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Old 16th August 2008, 18:34   #125
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I think that is the same all over the world.

UK has road tax, as well as considerable duty on fuel, not to mention the tax on car purchase.

Then comes tolls, congestion charges, high parking charges, even to park outside one's own house --- and mutterings of not being able to expect to continue to use the roads "for free". As if they ever were.
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Old 24th August 2008, 23:55   #126
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Originally Posted by harry10 View Post
We need to pay registration charges based on car price in All the cities and this is also referred as road tax, the kind of roads we get these days its easy to understand who is eating all that money.
I totally agree. I had to pay 278000 as road tax for my BMW 530d and trust me the roads that we have in cochin at present are just really bad. What else can i say .

I agree cars are overpriced in india especially because of all these duty etc etc.

Even hybrid civic is soo expensive because of the duty we have to pay whereas in US they give a subsidy for buying hybrids

thanks
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Old 25th August 2008, 22:23   #127
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Are we being ripped off ? Yes !!

We are being charged more for the same cars, but off late, there have been quite a few incidences on TBHP itself where its clear that the company has decided to take us for granted.

Trying to avoid blame even when it knows that the 'particular' car was defective/damaged/repaired and sold to the customer as new. When confronted, they try to justify themselves.

My question is, would they have had the same attitude if this was the US ... or UK ? I think not. The fear of multi million $$ lawsuits would definitely have an impact on the way they treat their customers.

They may make really good cars, and i guess 1-2 cars can slip by even the stringent QA's, but when brought to notice, should'nt they rectify the mistakes ?
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Old 29th August 2008, 11:23   #128
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Waking this old thread up - I did a small unscientific study on salary medians and the price of a BMW. Indians take 175 months on an average salary to buy a BMW. For Americans, its about 6 months.
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Old 29th August 2008, 11:54   #129
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Waking this old thread up - I did a small unscientific study on salary medians and the price of a BMW. Indians take 175 months on an average salary to buy a BMW. For Americans, its about 6 months.

Attaching the numbers. Don't know why they don't show up in previous post.
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Old 29th August 2008, 15:33   #130
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Have you considered any industry in particular, since the average salary in the States or the UK is certainly not $72,000 / GBP 36,000 p.a.! It would take a good degree and / or 3 - 5 years experience before someone is making 72K / month in the states. A similar profile would be making way more than 20K / month in India.
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Old 29th August 2008, 16:05   #131
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Originally Posted by GTO View Post
Have you considered any industry in particular, since the average salary in the States or the UK is certainly not $72,000 / GBP 36,000 p.a.! It would take a good degree and / or 3 - 5 years experience before someone is making 72K / month in the states. A similar profile would be making way more than 20K / month in India.
you mean per annum don't you?

I think the average salary in the US has taken a huge dip offlate. I would say it is between 45K-55K per annum.
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Old 29th August 2008, 16:32   #132
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I think we should remember two things while doing these comparisons - A. pricing is a strategy. Companies charge what they think customers can pay or are ready to pay and this will vary from country to country, region to region. B. Don't do a straight conversion of the rupee to dollar or pound for these comparisons. That will give a very distorted and misleading picture, particularly for high value items like cars. There is a concept called purchasing power parity which is more important here. PPP in short means what an average British guy can purchase for one pound (not any one fixed item but various average items) in the UK is not quite what an Indian can purchase for Rs 80 (assuming pound to rupee is 1:80).
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Old 29th August 2008, 19:00   #133
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Quote:
Originally Posted by GTO View Post
Have you considered any industry in particular, since the average salary in the States or the UK is certainly not $72,000 / GBP 36,000 p.a.! It would take a good degree and / or 3 - 5 years experience before someone is making 72K / year in the states. A similar profile would be making way more than 20K / month in India.
I took IT industry standards and standard data-bank built by a partner HR company which works with mine.

This salary is of an IT-Admin with 2yrs exp. In India - you can stretch the salary to 30k / month for a city like Pune. The partner company works as an HR offshore outsourcer - but the numbers are highly skewed towards specific geograhy. US numbers are for California - not for Kansas or Texas [Where the salary could be as long as 2-3x Indian Multiple]. Australia - Sydney. Malaysia - KL and UK - London. Move to johor-baru from KL or Singapore could drop the salary by half.

As I said - it was an unscientific study. Feel free to throw in some numbers you might know.
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Old 29th August 2008, 19:39   #134
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a different perspective to the story so far :
- imagine the number of car's that would have been on indian roads, had the cost been cut by half! in a way the high price regulates the vehicle industry...of course the govt makes the most of it...next come the car manufacturers...
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Old 29th August 2008, 20:18   #135
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a different perspective to the story so far :
- imagine the number of car's that would have been on indian roads, had the cost been cut by half! in a way the high price regulates the vehicle industry...of course the govt makes the most of it...next come the car manufacturers...
Or - would've prevented hundreds / thousands of two-wheeler injuries and deaths. How many near ones have you lost to two-wheeler injuries ? It's criminal to not let two-wheeler drivers enough options of owning atleast a car. That's why I love the Nano.

High car price is just a barrier that keeps the less-fortunate away. High per-capita car consumption is inevitable - given the economy. The car price comes out of the national savings. Instead, the Govt should keep infrastructure in pace and focus on providing good mass transit options.

Also, People buying cars doesn't necessarily equate to more cars on the roads [meaning - people driving those cars all the time]. Most affluent Manhattan based New Yorkers own atleast one car - or have the wherewithall to own one - but prefer city Mass-Transit for in-city commute.

Govts keeping you from buying a car by jacking up the price should invest the extra income in good mass transit. It works like that in Singapore. In India, they don't. That's the real rip-off.
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