Tuesday, July 13, 2010

What is A.P?


BLAME THIS ON MAMAK MAHATHIR
What is AP?
An ad in UK says:



Toyota Estima Emina 2.4 Latest Edition.
5 Doors, Automatic, MPV, Petrol, 49,000 miles, Pearl White, 02 Reg year 2002, Air Conditioning, Anti-Lock Braking System, Central Locking, Compact Disc Player, 8 Seats, Electric Mirrors, Electric Windows, Adjustable Seat Height, Adjustable Steering Column, Air Bag, Alarm,

£8,595






This car will sell for RM160,000 in KL.
But £1 = RM4.794
£8,595 = RM41,204.
So cheap? Cannot be!

OK. The pound took a dip. Let's use the old old rate of £1= RM7
Then £8,595 = RM60,165
So cheap? Really? Why are we Malaysians paying
RM160,000?

The costing is:
Vehicle CIF ── RM60,000
Duty.Taxes/profit ── RM60,000

The other RM40,000 ? Goes to the notorious AP.

If I sell 1 AP per month, my income is higher than the monthly salary of a CEO of a listed company. More than 1.5 times the annual salary of a fresh graduate.

If I sell 2 APs per month, I am a millionaire by definition: million dollar income.

Why you stupid people want to go to U, struggle for 3-4 years, and get paid less than what He makes with 1-AP?

Now I know why AP extended again and again, and again...

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