Epacy .. just talking about relative purchasing power parity (PPP) and exchange rates here (i.e. the BIG MAC thinking on relative purchase power as per OECD)

e.g.

Median Household income US (USD) = $55k, X5 35d fully loaded price $80k USD

Median Household income Australia (in USD) = $50k, X5 35d fully loaded price $120k USD





So just suggesting ..on a comparitive basis, that you guys have it VERY good (we have to sacrifice much more of each earned dollar to drive a BMW)


Perhaps another scenario to help explain how good you have it .. if you decided to move to Australia, you'd need to bring around $170k of your USD to buy that blue M3 you have sticking out of the garage .. ouch .. only 5 years ago you would have only needed about $95k USD. So exchange rates play a role as well as other factors such as luxury taxes on cars, volume market discounting, hedging of USD, greedy profit margin dealers in Aus etc etc ..but what's interesting is that prices for BMW cars have remained high here despite an almost doubling of exhange rate based purchase power .. No wonder BMW Australia has been one of the best profit margin performers gloablly .. esp during GFC where our economy just hit a small speed bump whilst US and Europe tanked really badly ...

Well .. at least our Amazon book orders cost half as much now