Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make - Car Talk - Nairaland
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| Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by AutoJoshNG: 10:08am On Aug 10, 2018 |
[img]https:///a/img922/728/o1dzne.jpg[/img] Professor Ferdinand Dudenhoffer who is a German professor of economics became inquisitive wanting to know how much profit luxury car brands make on each car they sell. This led to his research which revealed surprising results. At the top of the list is Italian car manufacturer, Ferrari, which makes an astonishing N28.8m ($80,100) on each car. On the contrary, some other car manufactures actually make loses. See the result of Dudenhoffer’s research below: Ferrari: N28.8 million ($80,100) profit per car Porsche N7.1 million ($19,750) Maserati: N2.1 million ($5,800). Volvo: Theirs is a little lower than what Maserati makes Mercedes-Benz, BMW and Audi: N1.26 million ($3,500) Jaguar Land Rover: N334,000 ($929) [img]https:///a/img924/2017/6TBNpk.jpg[/img] Time to see the top losers. Tesla: Loss of N4.6 million (-$12,800) Bentley: Lost about N7.1 million (-$19,750). Seems to be offsetting the profit made on each Porsche as they are both under the same parent company. However, a bit of good news is the fact that number of Porsche manufactured outweighs the number of Bentleys. Companies like Rolls-Royce and Lamborghini run a covert financial system that the public do not have access to. Operating profit (profit before interest and taxes) was considered for the purpose of this research. https://autojosh.com/profit-per-car/ 2 Likes 1 Share |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by eezeribe(m): 10:13am On Aug 10, 2018 |
Good for them. Let me digress a little. The way most Nigerians plan and save towards buying tokunbo/second cars, and be celebrating it... I do wonder what would have been the case if they could afford brand new cars. Some don't even know that brand new cars actually exist... they have taken tokunbo to be the norm... 18 Likes 1 Share |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by MPVGoddess: 10:37am On Aug 10, 2018 |
eezeribe: Wicked soul...Kill joy...but you made sense 3 Likes |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by dulux07(m): 10:51am On Aug 10, 2018 |
eezeribe:It was not gotten for free dude, whether new or tokunbo, they paid a price for it, so they have every right to celebrate it, its no one's biz., Besides all over the world how many people actually buy a brand new car, except for Auto-loan. Nigerians pay in full 54 Likes 2 Shares |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by BadiratT: 7:00am On Aug 14, 2018 |
May God bless us..... See motor |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Aderewah: 7:02am On Aug 14, 2018 |
My own is that the African man define success by buying car and building house. Nollywood is not even helping. 5 Likes |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by MANNABBQGRILLS: 7:04am On Aug 14, 2018 |
Damn it! That is some cool profit! |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by bonechamberlain(m): 7:11am On Aug 14, 2018 |
believe this and you believe anything. 1 Like |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by InTime(m): 7:11am On Aug 14, 2018 |
Wow, Thats Great. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by atilla(m): 7:30am On Aug 14, 2018 |
Autojosh are u sure of the list? Please confirm below Bugatti Veyron – loss of £3,887,051 per unit Source. https://www.autocar.co.uk/car-news/industry/smart-fortwo-and-bugatti-veyron-head-list-top-loss-making-cars |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Samirana360(m): 7:32am On Aug 14, 2018 |
what of innoson ....how much r they making |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by ednut1(m): 7:56am On Aug 14, 2018 |
If Operating profit was used then this research is baseless. As accounting profit is not actual cash most times 1 Like |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by kokomaster3d: 7:56am On Aug 14, 2018 |
Meanwhile some Nigerians will import used cars and add N2.5m Profit on Top. 3 Likes |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by mayorkyzo: 7:57am On Aug 14, 2018 |
dulux07:Tell the illiterate jare, with our financial climate in Nigeria, very few people would be able to afford a brand new car... 6 Likes |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by derrydinny: 8:42am On Aug 14, 2018 |
Aderewah:so how do whites define success? buying private jet? having a house and a car is deemed as success everywhere, do you know how many people are homeless abroad? how many struggle to pay rent and bills? 1 Like |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Aderewah: 9:06am On Aug 14, 2018 |
derrydinny: Wrong. Cars is a default status quote for the average white man. Kids in high school have cars that a 40 year old will do thanksgiving for in Nigeria. Success is defined by your contribution to humanity. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by GlorifiedTunde(m): 9:17am On Aug 14, 2018 |
eezeribe: Oga we can have an arrangement here; why don't you buy me one so I can feel what its like to have a brand new... This is Nigeria bro, we have many physiological needs to take care of since the government is irresponsible. You can imagine having to pay for electricity and water while still generating it myself ..  1 Like 2 Shares |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by SimplePlan34: 9:25am On Aug 14, 2018 |
yea its not by volume. I also know bmw makes far greater profit per car than Mercedes l. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Nobody: 9:33am On Aug 14, 2018 |
SimplePlan34:
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| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by cenaman(m): 9:33am On Aug 14, 2018 |
eezeribe:and you don't even have a tokunbo bicycle. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Day169: 9:51am On Aug 14, 2018 |
..put in another context, one can say that the Ferrari car used here, that belongs to Dino, which he could not have afforded (by legitimate means) says a lot about our people, not only being robbed but raped on a daily basis by those we not only queue to vote for during elections but we even kill one another over, to put in office. That is to say N28 million of our commonwealth was taken away and given to a foreigner who perhaps despises us as a people is a "double tragedy" for us! |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Nobody: 9:54am On Aug 14, 2018 |
Mind you all this nothing.. The reason we are feeling like it's a big deal is because our currency is dead.. Imagine if 12 thousand dollars was actually 12 thousand naira.. Then imagine dangote just lost 12 thousand naira... Would he feel it?? |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by nnokwa042(m): 9:59am On Aug 14, 2018 |
dulux07:New car industry will not last in Nigeria cus Nigerians don't dispose their cars |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Blessed200016: 10:03am On Aug 14, 2018 |
eezeribe:remember ,all those whitemen live on credit cards |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by boyjo: 1:01pm On Aug 14, 2018 |
N28 millionaire profit per car? As in person count N28million+ dash them sake of ordinary Moto?? Hm! Okay o. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Ugosample(m): 2:32pm On Aug 14, 2018 |
Blessed200016: What kind of talk is this bikonu get this straight Whether you are ultra rich, rich, middle class or broke in the West (especially USA) You can't do without a credit score (or let me say your life will not be that smooth without a credit score) That is why they have to use a credit card to boost and maintain their score so not every one using credit card can not afford to pay cash down payment. |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by derrydinny: 3:20pm On Aug 14, 2018 |
Aderewah:wtf? what on earth is this? except the kids have rich parents then it is understandable. .. the rail system is very used and efficient abroad, if people had cars that much, then rail transport won't have so much customers it is easy to get funds to buy a car abroad(if you have a job) but it isn't a status quo for people to Hve cars 1 Like |
| Re: Ferrari Makes N28m Profit Per Car. See How Much Other Luxury Carmakers Make by Blessed200016: 4:07pm On Aug 14, 2018 |
Ugosample:lol..what's the essence of using credit cards then since u can afford cash down paymt. Y owing credit card company |
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