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      01-29-2012, 08:30 AM   #237
Artemis
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Drives: BMW M2 Competition
Join Date: Jun 2011
Location: Belgium

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Quote:
Originally Posted by gs/e60/1m? View Post
Yes I've seen it also. But who's willing to buy them? We know why most of them wanna get rid off the cars. Sure everything can be sold, but at those prices?
Don't forget that some are leased and unless they're willing to drop their asking price I don't see many buyers (privately owned) showing up. jm2c
I know it's a real mess those new laws and I feel sorry for those left with no other choice than to sell
Dreadful situation indeed: some are locked in by the unexpected new tax legislation re company cars (too expensive to keep the car, no sufficient/immediate funds to privately purchase the company car and no potential buyers willing to take over an expensive leasing contract).

Like the VO our fellow country man Dragon tries to sell (leasing):
"En al kandidaten voor de 1M?
Tja, af en toe tot ze de prijs van het contract horen "

("So, any candidates for your 1M?
Well yeah, from time to time, until they hear the price of the contract "
)
http://www.bimmerboard.be/forum/inde...opic=28318.405

The new tax legislation is hitting hard. Hard words fly through the room on the Belgian Bimmerboard. Some rumored having heard that 80% of the Porsche Belgium orders were cancelled (potential buyers prefer leaving their advance payment, than to take delivery):
http://www.bimmerboard.be/forum/inde...seen#msg834880
http://www.bimmerboard.be/forum/inde...seen#msg842956

Dunno about that figure, but I can imagine that there will be quite some cancellations for expensive company cars. Christian Lambert (sales director of BMW Belux) estimated earlier this month that the new tax legislation will result into 100 million EUR of missed VAT revenue for the State (so-called boomerang effect).
http://www.tijd.be/nieuws/archief/Au...6588-1615.art?

Maybe some will fight the new tax legislation before the Constitutional Court because of the short timing: the legislation came out of the blue late December, got immediately voted and took force from 1 January 2012, without transitional period or so-called grandfather clause (i.e. a legal provision due to which an old rule continues to apply to some existing situations, while a new rule will apply to all future situations). Taking everyone by surprise in a short period of time, without any possibility to adapt: compliant with the principle of legal security and reasonable expectations ("rechtszekerheidsbeginsel" and "vertrouwensbeginsel")?

Anyway, I'm playing for keeps (my 1M ain't no company car).
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