Price Of New Cars
Sir, —Recently a news item claimed that a Tasman freight Increase, which put £6 (Al 5 dollars) on the landed cost of a built-up car, would mean a £l4 rise in retail price. This explains why the New Zealand buyer pays £l4OO for a car landed here at £6OO, even before the under-the-counter bribe is added. Perhaps the Department of Industries and Commerce can tell us in detail how the 133 1-3 per cent mark-up is apportioned.— Yours, etc., VARIAN J. WILSON.
February 5,1967. [The assistant district officer of the Department of Industries and Commerce (Mr J. H. Stothard) replies: “I am not familiar with the news item to which your correspondent refers, but I would say that the application of sales tax and the usual profit margin to a freight increase of £6 would not result in a rise in the retail price of a motor-car of the proportions suggested by Mr Wilson.”] [Correspondence on this subject, recently closed, is not reopened by the publication of this somewhat delayed reply.—Ed., “The Press.’’]
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Bibliographic details
Press, Volume CVI, Issue 31318, 14 March 1967, Page 16
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177Price Of New Cars Press, Volume CVI, Issue 31318, 14 March 1967, Page 16
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