Coarse Leather on My 550 Sport
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Originally Posted by JSpira' post='479253' date='Oct 8 2007, 03:04 PM
It does bring up an interesting question. I don?t know whether BMW actually pays the MWSt. and gets it refunded or does not have to pay it unless the vehicle fails to be exported. I will find out however and advise.
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My Ride: My ex-ride: EU '08 LCI 520dA. Space Grey, Sport Seats in Black Leather/Fabric Anthracite, Sport Steering Wheel, A/C with Extended Features, Hi-Fi Speakers, Cup Holders, Cruise with Braking function, Folding Rear Seats, Xenons, Park Distance Control.
Originally Posted by pharding' post='479015' date='Oct 8 2007, 06:00 AM
The leather on my 08 550 Sport is quite hard.
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Originally Posted by hinckley' post='479267' date='Oct 8 2007, 03:45 PM
Don't ask too many questions. I don't want anyone to start thinking!! I like BMW's ED program just as it is.
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Hey Paul- It sure sounds like you're more than a little disappointed with the build quality of your new 550, as opposed to the 545 you gave up. Sorry to hear. My lease is up in December and as much as I'd hate to leave the BMW family, I'm looking at other marques for the first time in five years (and 3 different BMW's). My last two were either Trade Assisted or with my most recent car, BMW paid my final 6 lease payments. The name goes on before the quality goes in apparently.
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Originally Posted by JSpira' post='479277' date='Oct 8 2007, 01:18 PM
Answer from BMW NA (manager of euro. delivery) is that BMW does not pay the tax upfront. Only if the car isn?t exported.
There's no requirement for Audi to pay it upfront either. I'm assuming Audi is collecting the MWSt as a refundable deposit which is repaid provided evidence of export is available within the time limits permitted by German and EU law for indirect exports. That's a legitimate position to take from a tax standpoint, but is obviously less customer friendly than the position adopted by BMW.
Edit - yep, here's the text from Audi's website:
Investment and Value Added Tax (VAT)
Customer agrees to purchase vehicle at Audi European Delivery Program price established by a participating Audi Dealer and return vehicle to authorized Audi drop off location within 90-days of delivery date from delivery center in Ingolstadt, Germany. VAT will be refunded by your Audi Dealer immediately following confirmation that the vehicle has been dropped off, within 90-days of delivery date in Ingolstadt. If travel exceeds 90-days, VAT may not be refunded by your Audi Dealer.
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Originally Posted by branie555' post='479435' date='Oct 8 2007, 11:54 PM
Hey Paul- It sure sounds like you're more than a little disappointed with the build quality of your new 550, as opposed to the 545 you gave up. Sorry to hear. My lease is up in December and as much as I'd hate to leave the BMW family, I'm looking at other marques for the first time in five years (and 3 different BMW's). My last two were either Trade Assisted or with my most recent car, BMW paid my final 6 lease payments. The name goes on before the quality goes in apparently.
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Originally Posted by swajames' post='479436' date='Oct 9 2007, 01:29 AM
There's no requirement for Audi to pay it upfront either. I'm assuming Audi is collecting the MWSt as a refundable deposit which is repaid provided evidence of export is available within the time limits permitted by German and EU law for indirect exports. That's a legitimate position to take from a tax standpoint, but is obviously less customer friendly than the position adopted by BMW.
Edit - yep, here's the text from Audi's website:
Investment and Value Added Tax (VAT)
Customer agrees to purchase vehicle at Audi European Delivery Program price established by a participating Audi Dealer and return vehicle to authorized Audi drop off location within 90-days of delivery date from delivery center in Ingolstadt, Germany. VAT will be refunded by your Audi Dealer immediately following confirmation that the vehicle has been dropped off, within 90-days of delivery date in Ingolstadt. If travel exceeds 90-days, VAT may not be refunded by your Audi Dealer.
Edit - yep, here's the text from Audi's website:
Investment and Value Added Tax (VAT)
Customer agrees to purchase vehicle at Audi European Delivery Program price established by a participating Audi Dealer and return vehicle to authorized Audi drop off location within 90-days of delivery date from delivery center in Ingolstadt, Germany. VAT will be refunded by your Audi Dealer immediately following confirmation that the vehicle has been dropped off, within 90-days of delivery date in Ingolstadt. If travel exceeds 90-days, VAT may not be refunded by your Audi Dealer.
There is no reason I can think of for Audi to require a period of only 90 days. Germany requires export within 1 year.
So this is to Audi?s detriment on more than one count (i.e. not only requiring the funds up front but also limiting the time a customer can keep the car in Europe). BMW limits customers to a far more reasonable six months.
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