| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 138250 | 2014-10-29 06:00:00 | Limos for politicians | mzee (3324) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1387063 | 2014-10-29 06:00:00 | I saw this in today's Herald and nearly blew a gasket! "Prime Minister John Key's new Government will soon have new ministerial limousines to replace the existing fleet of 34 BMWs, after just three years." The cost of each vehicle is $90,000 being a total of $3,060,000! Why do they need 34 BMW Limousines? 1 for the Prime Minister 1 for the Governor General 1 for general taxi duty This leaves 33 unemployed very expensive motor cars. If they must have transport why not use normal cars like Toyota Corolla? If that is not good enough they should buy their own, they get paid enough! I am very tired of being ripped off by politicians who think that their droppings don't stink. They forget that they are there to serve the people and should not get any preferential treatment. The late Julius Nyerere when he was President of Tanzania set an example by riding a bicycle to Parliament, and expected all his Ministers to walk or do the same. He also had an economy drive, reduced his salary and that of all the Ministers. |
mzee (3324) | ||
| 1387064 | 2014-10-29 06:17:00 | When Gerry Brownlee attended the transport debate before the election he parked in a loading zone... Meanwhile Julie Anne Genter doesn't own a car by choice. :D |
pcuser42 (130) | ||
| 1387065 | 2014-10-29 06:40:00 | You'll have to live with it National can do no wrong according to most on here. Criticism of JK will get you a public flaying | gary67 (56) | ||
| 1387066 | 2014-10-29 06:45:00 | When Gerry Brownlee attended the transport debate before the election he parked in a loading zone... Meanwhile Julie Anne Genter doesn't own a car by choice. :D Probably an appropriate place for Gerry to park. Rumor goes that the cost to the government for the bmws, is covered or almost covered when resold. Mzee these cars are spread throughout the country, not all just sitting in the beehive basement. |
plod (107) | ||
| 1387067 | 2014-10-29 07:30:00 | You'll have to live with it National can do no wrong according to most on here. Criticism of JK will get you a public flaying Know who got the original batch of BMWs? And yeah, we should totally ferry around foreign officials and other VIPs in Corollas, genius. |
Alex B (15479) | ||
| 1387068 | 2014-10-29 07:34:00 | I saw this in today's Herald and nearly blew a gasket! "Prime Minister John Key's new Government will soon have new ministerial limousines to replace the existing fleet of 34 BMWs, after just three years." The cost of each vehicle is $90,000 being a total of $3,060,000! Why do they need 34 BMW Limousines? 1 for the Prime Minister 1 for the Governor General 1 for general taxi duty This leaves 33 unemployed very expensive motor cars. If they must have transport why not use normal cars like Toyota Corolla? If that is not good enough they should buy their own, they get paid enough! I am very tired of being ripped off by politicians who think that their droppings don't stink. They forget that they are there to serve the people and should not get any preferential treatment. The late Julius Nyerere when he was President of Tanzania set an example by riding a bicycle to Parliament, and expected all his Ministers to walk or do the same. He also had an economy drive, reduced his salary and that of all the Ministers. Chicken feed, Hone Key wants a new flag for $26M. HERE (www.nzherald.co.nz) "Prime Minister John Key is defending the $26 million cost of the two referendums and other costs around the flag change process confirmed earlier today." Naturally I expect to get a fair chunk of that for my own design. :banana |
B.M. (505) | ||
| 1387069 | 2014-10-29 07:49:00 | Rumor goes that the cost to the government for the bmws, is covered or almost covered when resold . Mzee these cars are spread throughout the country, not all just sitting in the beehive basement . I'm fairly certain the deal is an "Operating Lease" where the cars have an agreed residual value at the end of the three year term if they meet contractual criteria of kms used, condition, and adherence to a maintenance program . Bet your bottom dollar these vehicles will all be in top if not pristine condition so the resale risk on the part of BMW will be minimal . In an operating lease, BMW take the risk (or reward) . I assume BMW are the lessor, but no matter, it could well be any other financier . Out of interest, it was Labour who introduced operating leases in the mid 1980's . At the time, there were many Crown Entities who sold their vehicle fleets to external financiers, who then leased them back to the entity . The enticement was the concept of "off balance sheet funding" meaning the ROI - return on investment - was made to look much more rosy . Financial wizardry aside, it does make sound sense . |
WalOne (4202) | ||
| 1387070 | 2014-10-29 08:32:00 | Chicken feed, Hone Key wants a new flag for $26M . HERE ( . nzherald . co . nz/politics/news/article . cfm?c_id=280&objectid=11349998" target="_blank">www . nzherald . co . nz) "Prime Minister John Key is defending the $26 million cost of the two referendums and other costs around the flag change process confirmed earlier today . " Naturally I expect to get a fair chunk of that for my own design . :banana I'm sure one of these designs would be appropriate for NZ under a National Government: |
Terry Porritt (14) | ||
| 1387071 | 2014-10-29 08:37:00 | I'm sure one of these designs would be appropriate for NZ under a National Government: Or this: 6009 |
pcuser42 (130) | ||
| 1387072 | 2014-10-29 08:49:00 | I'm fairly certain the deal is an "Operating Lease" where the cars have an agreed residual value at the end of the three year term if they meet contractual criteria of kms used, condition, and adherence to a maintenance program. Bet your bottom dollar these vehicles will all be in top if not pristine condition so the resale risk on the part of BMW will be minimal. In an operating lease, BMW take the risk (or reward). I assume BMW are the lessor, but no matter, it could well be any other financier. Out of interest, it was Labour who introduced operating leases in the mid 1980's. At the time, there were many Crown Entities who sold their vehicle fleets to external financiers, who then leased them back to the entity. The enticement was the concept of "off balance sheet funding" meaning the ROI - return on investment - was made to look much more rosy. Financial wizardry aside, it does make sound sense. Last lot was on sold by turners |
plod (107) | ||
| 1 2 3 | |||||