BMW EGYPT, 530i Model is $120,000 U.S
12-07-2007 | 12:50 AM
#11
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Originally Posted by Sahil' post='503865' date='Dec 7 2007, 01:07 AM
Its the same situation in India too. I recently got the LCI 525d and paid over $110,000 USD , while the 530i cost $ 120,000. Although BMW has an assembly plant here, it feels shitty to pay more than the price of an M5 for a 525d(But the car does come fully loaded with Dakota leather,Xenon lamps,Run Flats,etc) 
And believe it or not, there is a looooong wait list for the 5 series....BMW India had a target of 1000 cars this year being their first, they were well over 1000 cars in 6 months itself (3 series + 5 series) Mercedes is facing stiff competition for the first time...although they are price around the same as BMW , they do not provide half the features that come standard on the BMWs.
And believe it or not, there is a looooong wait list for the 5 series....BMW India had a target of 1000 cars this year being their first, they were well over 1000 cars in 6 months itself (3 series + 5 series) Mercedes is facing stiff competition for the first time...although they are price around the same as BMW , they do not provide half the features that come standard on the BMWs.
But good to read BMW does better than MB(Lot of people's favorite is/was M
12-07-2007 | 12:50 AM
#12
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Originally Posted by Sahil' post='503865' date='Dec 7 2007, 01:07 AM
Its the same situation in India too. I recently got the LCI 525d and paid over $110,000 USD , while the 530i cost $ 120,000. Although BMW has an assembly plant here, it feels shitty to pay more than the price of an M5 for a 525d(But the car does come fully loaded with Dakota leather,Xenon lamps,Run Flats,etc)
And believe it or not, there is a looooong wait list for the 5 series....BMW India had a target of 1000 cars this year being their first, they were well over 1000 cars in 6 months itself (3 series + 5 series) Mercedes is facing stiff competition for the first time...although they are price around the same as BMW , they do not provide half the features that come standard on the BMWs.
And believe it or not, there is a looooong wait list for the 5 series....BMW India had a target of 1000 cars this year being their first, they were well over 1000 cars in 6 months itself (3 series + 5 series) Mercedes is facing stiff competition for the first time...although they are price around the same as BMW , they do not provide half the features that come standard on the BMWs.
But good to read BMW does better than MB(Lot of people's favorite is/was M
12-07-2007 | 12:46 PM
#14
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From: Dubai
My Ride: 2008 E60 520iA Petrol
Originally Posted by aqkhan6us' post='503899' date='Dec 7 2007, 01:50 PM
I do not know how how some people in India can afford over $110,000 USD, IT is a LOT , LOT of rupees.......... when the averagee / Middle class income is around $1000 (It is crazy), correct me if I am wrong..
But good to read BMW does better than MB(Lot of people's favorite is/was M
But good to read BMW does better than MB(Lot of people's favorite is/was M
12-07-2007 | 01:14 PM
#15
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Originally Posted by tas_t_budds' post='504148' date='Dec 7 2007, 03:46 PM
Like any country there are rich and poor....
besides BMW was never designed for the middle-class. It has always been a luxury vehicle....
Toyota, Honda is middle-class
besides BMW was never designed for the middle-class. It has always been a luxury vehicle....
Toyota, Honda is middle-class
You might not have been in India, you do not know.....
I know some people can even afford expensive cars but they drive Honda, Toyota, Nissan, Hyundai and
some people cannot afford expensive cars but they drive BMW/MB/Porshce( leasing, financing and banks)
12-08-2007 | 08:52 AM
#17
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From: Alexandria, EGYPT & Scottsdale Arizona
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Originally Posted by nyceric03' post='504332' date='Dec 8 2007, 09:44 AM
Wouldn't It be a lot cheaper to buy the car elsewhere (U.S. or wherever you want) and then import it? The 550i here in the US starts at $58,500 waaaaaay cheaper! 
12-10-2007 | 05:41 AM
#19
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Originally Posted by tas_t_budds' post='504148' date='Dec 7 2007, 05:46 PM
Like any country there are rich and poor...I don't quite get what your trying to say here ? I hope its not a racist comment.... besides BMW was never designed for the middle-class. It has always been a luxury vehicle.... Toyota, Honda is middle-class
54% of the Indian population has an income level of less than $2000 per year (2007 McKinsey Consulting report), hence it is interesting that basic BMW's are selling for $120,000.
And there are many BMW's that were designed for the "middle class" section of the market. In fact, there are quite a few entry level options as well, such as the 1 Series or basic 3 series. Did you know that BMW sells some very small economy models like the 318i?
A true pure luxury brand would be Bentley, Ferrari, Lamborghini, Bugatti, Rolls Royce...etc. BMW is a great brand but it is not an exclusive "upper class" brand.
12-10-2007 | 01:16 PM
#20
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From: Alexandria, EGYPT & Scottsdale Arizona
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Originally Posted by WindycityBMW' post='504984' date='Dec 10 2007, 09:41 AM
How is that a racist comment? Do you honestly think all countries have the same economic and social demographic structure? This has nothing to do with race, these are basic economic facts.
54% of the Indian population has an income level of less than $2000 per year (2007 McKinsey Consulting report), hence it is interesting that basic BMW's are selling for $120,000.
And there are many BMW's that were designed for the "middle class" section of the market. In fact, there are quite a few entry level options as well, such as the 1 Series or basic 3 series. Did you know that BMW sells some very small economy models like the 318i?
A true pure luxury brand would be Bentley, Ferrari, Lamborghini, Bugatti, Rolls Royce...etc. BMW is a great brand but it is not an exclusive "upper class" brand.
54% of the Indian population has an income level of less than $2000 per year (2007 McKinsey Consulting report), hence it is interesting that basic BMW's are selling for $120,000.
And there are many BMW's that were designed for the "middle class" section of the market. In fact, there are quite a few entry level options as well, such as the 1 Series or basic 3 series. Did you know that BMW sells some very small economy models like the 318i?
A true pure luxury brand would be Bentley, Ferrari, Lamborghini, Bugatti, Rolls Royce...etc. BMW is a great brand but it is not an exclusive "upper class" brand.
eaaaaaaaaaaasy guys!! lol