Broker question! why?

Gaius · **Reply #15 on:** May 25, 2008, 06:54:07 pm

Quote from: "dktc"

The total costs include the downpayment.

Ok thanks but what about the part where it says "You will be charged 170k for this order". Is that included? Because if its not then the whole cost of the order will exceed the factory price by approx. 150k.

Tiger In Training · **Reply #16 on:** May 25, 2008, 09:39:01 pm

If you buy an aircraft from a broker for 10m at 0%, you pay 3.5m when oder is placed, and 7.5m when delivered. Make sense to you now? 7.5+3.5=10.

Chavaquiah · **Reply #17 on:** May 25, 2008, 09:56:57 pm

:shock:

3.5 + 7.5 = 11

You mean 3.5 + 6.5, right?

Tiger In Training · **Reply #18 on:** May 25, 2008, 10:41:24 pm

Hahaha. I can't believe i did that.

I mean to put 6.5 yeah.

Gaius · **Reply #19 on:** May 26, 2008, 12:43:27 am

Ok I understand the downpayment part. But my question was directed toward the "You will be charged 170k for this order" at the bottom of the example I posted.

If thats not included in the total cost, then really the total cost would be 262k + 170k = 400 ish something.

dktc · **Reply #20 on:** May 26, 2008, 02:07:50 am

The 170k is your final payment. It is 65% of 262k.

Gaius · **Reply #21 on:** May 26, 2008, 02:29:51 am

Ah now I understand I assumed it was 262k for getting the aircraft + 170k for ordering the aircraft (similar to a broker fee)

Thanks for the help.