MY23 Details

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Cornishman
Posts: 166
Joined: Thu Mar 04, 2021 10:49 am

Post by Cornishman » Sat Dec 04, 2021 2:13 pm

Greggspies wrote:
Sat Dec 04, 2021 11:36 am
Retails profits are being hit by the likes of CarWow enabling people to easily shop around for best prices and use that knowledge to negotiate harder with their dealer. Moving sales online means the manufacture becomes the retailer and controls the price. The dealer becomes an agent working on commission. He then provides a showroom display, test drive and service operation, with only trade in values, used car sales and finance left to negotiate with the customer. It's the way ahead...
It doesn't change... I worked as a Volvo GM for Lex at Streatham Hill in the mid 80's during which time the 740 was launched. At the time I joined, the site was selling near on 1000 new cars a year and was loss making. It didn't take long to spot that 750 of those cars were fleet sales to two major leasing companies and a major brewer, and we were making only 0.5% gross profit on each of those and that was eaten up by the costs of delivering them all over the country. Obviously they then didn't come back for service either...

With our inner London location we started to focus on local sales, used cars and service (gross profit on Service was 80%!) and had turned the loss into an equivalent profit inside 18 months.

New car prices were always controlled by the manufacturer (dealer margin in my day was 17.5%, and most cars went out the door about 15%), about the only thing we were working for in sales was "Dealer Achievement Bonus" from Volvo.
Larry

NE Essex
21 XC40 R-Design B4 AWD 8 spd Auto Thunder Grey, Climate Pack, Smartphone Integration, Towbar

qrt31
Posts: 144
Joined: Mon Aug 02, 2021 10:30 am

Post by qrt31 » Sat Dec 04, 2021 2:36 pm

Cornishman wrote:
Sat Dec 04, 2021 2:13 pm
Greggspies wrote:
Sat Dec 04, 2021 11:36 am
Retails profits are being hit by the likes of CarWow enabling people to easily shop around for best prices and use that knowledge to negotiate harder with their dealer. Moving sales online means the manufacture becomes the retailer and controls the price. The dealer becomes an agent working on commission. He then provides a showroom display, test drive and service operation, with only trade in values, used car sales and finance left to negotiate with the customer. It's the way ahead...
It doesn't change... I worked as a Volvo GM for Lex at Streatham Hill in the mid 80's during which time the 740 was launched. At the time I joined, the site was selling near on 1000 new cars a year and was loss making. It didn't take long to spot that 750 of those cars were fleet sales to two major leasing companies and a major brewer, and we were making only 0.5% gross profit on each of those and that was eaten up by the costs of delivering them all over the country. Obviously they then didn't come back for service either...

With our inner London location we started to focus on local sales, used cars and service (gross profit on Service was 80%!) and had turned the loss into an equivalent profit inside 18 months.

New car prices were always controlled by the manufacturer (dealer margin in my day was 17.5%, and most cars went out the door about 15%), about the only thing we were working for in sales was "Dealer Achievement Bonus" from Volvo.
Well, Volvo should be making plenty of profit if most of its sales move to the subscription model, given the very significant premium charged over outright purchase.

Oldie
Posts: 348
Joined: Thu Jul 15, 2021 2:59 pm

Post by Oldie » Sat Dec 04, 2021 2:41 pm

CarWow - from experience CarWow, or the likes, could not match what the dealer could achieve as a whole package

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Moss
Posts: 157
Joined: Wed Apr 29, 2020 8:52 pm
Location: Belgium & France

Post by Moss » Sat Dec 04, 2021 6:42 pm

qrt31 wrote:
Sat Dec 04, 2021 7:13 am
Yes, CbV is Care by Volvo. It is the only way to order a Volvo fully electric vehicle. CbV does offer a subscription service, and it is now clear that Volvo intends for most of their cars to be 'bought'/leased on subscription. However, I bought my car outright with cash because I thought the subscription terms did not make financial sense, and I just prefer actually owning my car. So, I think part of the problem is that Volvo doesn't actually want you to buy a car, but rather wants people on higher income-generating subscriptions, and so have put zero thought or effort into supporting people who actually buy cars. Indeed, the language that they use with me is subscription, even though I am not subscribing to a car.
Thank you for your answer. Much appreciated and interesting.

I just checked : regarding the XC40 full electric model, the situation in Belgium and France seems to be different. But the new C40 can only be ordered online indeed.

chammer
Posts: 2
Joined: Sat Dec 04, 2021 8:47 pm

Post by chammer » Sat Dec 04, 2021 8:49 pm

I’ve got a T3 RDesign auto due next Feb from Santander Consumer Finance.

Does anyone know what’s likely to happen to my order? Thanks.

Macachia
Posts: 10
Joined: Tue Nov 30, 2021 7:12 pm

Post by Macachia » Sun Dec 05, 2021 8:19 am

I’ve got a my22 on order (delivery may 23 2022), would I be better off hoping for a my23 model?
On order 03/2021, delivery September to December 2022
XC-40 Recharge Twin Ultimate in fjord blue

Leodis
Posts: 21
Joined: Tue Nov 30, 2021 6:22 am

Post by Leodis » Sun Dec 05, 2021 8:22 am

chammer wrote:
Sat Dec 04, 2021 8:49 pm
I’ve got a T3 RDesign auto due next Feb from Santander Consumer Finance.

Does anyone know what’s likely to happen to my order? Thanks.
If you have a build date then you will be fine, its those without a build date yet that either will get one or be offered a MY23. I only know because i dragged it out of the dealership, final orders for MY22 was 3rd Dec, then Volvo inform the dealers on the 6th Dec as to who has a slot on MY22 and to contact those without and to change to MY23.
MY23 B3 Plus on order, no del date.

qrt31
Posts: 144
Joined: Mon Aug 02, 2021 10:30 am

Post by qrt31 » Sun Dec 05, 2021 11:12 am

Leodis wrote:
Sun Dec 05, 2021 8:22 am
chammer wrote:
Sat Dec 04, 2021 8:49 pm
I’ve got a T3 RDesign auto due next Feb from Santander Consumer Finance.

Does anyone know what’s likely to happen to my order? Thanks.
If you have a build date then you will be fine, its those without a build date yet that either will get one or be offered a MY23. I only know because i dragged it out of the dealership, final orders for MY22 was 3rd Dec, then Volvo inform the dealers on the 6th Dec as to who has a slot on MY22 and to contact those without and to change to MY23.
Although, as I found out, build dates can change...

ChrisLF
Posts: 307
Joined: Wed Apr 24, 2019 8:21 am
Location: Heart of England

Post by ChrisLF » Tue Dec 07, 2021 10:27 pm

I'm very glad I bought my first Volvo when I did as I got exactly what I wanted and at a reasonable price. I love it but it will probably be my last!
Practical car - Volvo XC40 T4 FWD R-Design in Bursting Blue. Winter & Convenience Packs, Electric Drivers Seat, Front Park Assist, Rear Camera and Tow Bar.

Fun car - Audi TT Roadster manual in Samoa Orange.

akh9de
Posts: 6
Joined: Tue Feb 08, 2022 7:49 pm

Post by akh9de » Tue Feb 08, 2022 8:01 pm

Ordered an xc40 Ultimate single motor - hoping the real world range for MY23 will be more like Polestar 2 long range single motor. Does anyone have any views?
My order is Care by Volvo - "order approved" on the app but no details so expecting September 2022 delivery - any views?
Thanks
XC40 MY21 Red Recharge - loving it, XC40 Single motor MY23 on order 8-)

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