Judge describes luxury car theft scam as ‘bizarre’

If you want to set up a criminal scheme then you at least need to have a couple of brain cells to rub together!

The plan was to set up a luxury car and boat hire business – by first stealing them from unsuspecting owners using doctored $20 bank cheques.

Mohamed Hamoud and a co-offender used the fake bank cheques to buy a $23,500 Harley-Davidson motorcycle, a $98,500 Mercedes C63, an $84,000 Mercedes 200S, and a $16,500 jet-ski.

They then advertised their new business on the internet featuring photographs of the stolen items.

Hamoud, who runs a successful earthworks business, pleaded guilty in the County Court to four counts of obtaining property by deception between August and November, in a case judge Michael McInerney described as ‘‘bizarre’’.

The co-offender was placed on a 12-month good behaviour bond and fined $1000 after earlier pleading guilty in the Melbourne Magistrates Court to one count of theft.

‘‘I must say that, given the seriousness of these crimes, I have been somewhat flummoxed … to try and comprehend how, Mr Hamoud, you committed these crimes and what you thought you were going to achieve,’’ Judge McInerney said.

‘‘Sometimes in court, despite one’s experience, one simply cannot provide an answer as to how a person would commit criminality of such a serious nature, and in such an inept manner.

‘‘It is very difficult to understand what was involved and going through Mr Hamoud’s head at this time.’’

The judge said Hamoud had been in the process of buying a house, was engaged to be married, had had a good upbringing, had never been in trouble with the law and was 26 at the time.

‘‘The motive allegedly was financial, both parties, Hamoud and [the co-offender], had decided to start a business,” he said.

‘‘The business was to provide car hire, Mercedes car hire and/or alternatively hire of a boat … The whole scheme was doomed to failure.’’

The first bank cheque the pair used was made out to the co-offender but was purchased by Hamoud ,who gave his name and mobile phone number to the bank teller.

Police told the court the doctored bank cheques were of a very high standard.

‘‘That is the only aspect, it seemed to me, about each of these crimes that did not fit the description of being spectacularly inept,’’ the judge said.

‘‘As soon as detection was made by the bank, which apparently must not have been too difficult, even though this was a very good representation, these deceptions were identified.’’

Hamoud was placed on a four-year community corrections order and fined $5000.

The two Mercedes, the Harley-Davidson and the jet-ski were returned to their owners.

If you want to hire out luxury cars from a trusted, reputable business then check out our website

Source: http://www.theage.com.au/victoria/spectacularly-inept-luxury-car-theft-scam-flummoxes-judge-20140717-ztwhj.html#ixzz37iNs1xIc

BMW to invest $1 Billion in Mexico plant

A few weeks ago we told you about luxury car makers opening up show rooms in poorer countries. Rolls Royce have moved into Cambodia as the market for luxury cars grows. This week we are hearing that BMW have invested a vast amount of money in building a plant in Mexico.

BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country’s growing industrial base and tariff-free access to the US market.

 
BMW outlined plans to build a factory in the central Mexican city of San Luis Potosi, reducing the German company’s dependence on higher-cost plants at home.
 
The plant will begin assembling models in 2019 with an initial workforce of 1,500 and annual production capacity of 150,000 vehicles, the company said.
 
“Mexico is an ideal location for the BMW Group,” production chief Harald Krueger said in a statement. “We are continuing our strategy of ‘production follows the market.'”
 
Germany’s luxury car makers – BMW, Audi and Mercedes-Benz – are expanding overseas as their domestic plants struggle to meet strong demand for new vehicle offerings in the United States and Asia.
 
“With this investment, Mexico is stepping up to premium-level production of global vehicles,” Mexican Economy Minister Ildefonso Guajardo said as the plant was announced.
 
BMW did not reveal what type of vehicle it will build, and a spokeswoman for the company said no decision had been made. But several Mexican and European officials at the presentation said they believed the plant would produce 3 Series cars.
 
“At some point I heard that they were talking about the 3 Series,” Guajardo told reporters after the event. “But I don’t have the official confirmation.”
 
Guajardo added that at least one other big auto investment would be announced this summer but did not elaborate. Reuters reported last month that Kia Motors Corp. plans to break ground soon on a new plant in Mexico.
 
Mexico’s auto sector is gaining critical mass as more global brands open production lines, boosting the supplier network.
 
BMW’s move comes days after Daimler announced new Mercedes production in Mexico with partner Nissan Motor Co. Ltd., which already operates two plants in the country where it had recently increased capacity.
 
“The premium brands are finally realizing that Mexico has the capacity to build signature vehicles,” IHS Automotive analyst Guido Vildozo said.
 
“We are going to see all these plants starting with one or two products at the very beginning, but they will gradually become critical pillars of profitability for the premium manufacturers,” he added.
 
Mexico benefits from tariff-free exports to the United States as well as Europe, while its factories are beyond the reach of the United Auto Workers union, which has been struggling to boost its influence in the US South.
 
BMW’s investment comes amid a domestic industrial cost review that has some German unions worried about their longer-term outlook, as the company reduces reliance on sluggish European markets that still account for 44 percent of sales.
 
The plant also increases BMW’s bet on the United States, which is the world’s largest luxury-car market along with China.
 
In March, BMW announced a $1 billion investment to expand capacity by 50 percent at its plant in Spartanburg, South Carolina, where it builds a range of sport utility vehicles.
Source http://www.gmanetwork.com/news/story/368671/economy/business/bmw-s-1-billion-plant-surfs-mexican-investment-wave

“Batmobile” Mercedes-Benz SLR McLaren bought by Tyga

When one celebrity buys themselves an outrageously expensive and customised luxury car, you can be sure that another will desperately want it!

In the world of the famous and rich, super expensive and stunningly fast cars have become more of the routine than the shocking moments. It’s the case of this murdered-out black Mercedes-Benz SLR McLaren, also nicknamed the “Batmobile” SLR, that was owned for a couple of months by Scott Disick only to be now bought by Tyga.

While normal people save-up for the every-day rides, celebrities keep switching their hundreds of dollars rides between each other and they don’t even realize it.

Reality television celebrity and businessman Scott Disick, better known as Kourtney Kardashian’s spouse, posted a couple of pictures with the black Mercedes-Benz SLR quoting he owns it, a couple of months ago. Soon after it turned out he decided to sell it and now it was just bought by rapper Tyga. Los Angeles-based Calabasas Luxury Motorcars auto shop, the place he bought it from, recently posted an image of the rapper sitting next to it.

After all, this on and off/selling and buying super expensive and luxurious cars it’s not even that rare among famous people. In fact, when you say Scott Disick you think of flamboyant class and exclusive car-collection, about the same words that pop-up when you talk about Tyga’s rides.

Well, it seems Justin Bieber’s close friend decided to buy the “Batmobile” SLR just because it’s sitting pretty in his driveway, right next to his Rolls Royce Ghost, Lambroghini Aventador, Maybach and his other Mercedes, the SLS.

Source http://www.autoevolution.com/news/tyga-gets-scott-disicks-batmobile-slr-83345.html

Luxury cars are looking to overtake pickups in the American market

Buyers in America are more likely to purchase luxury cars over other more traditional brands of choice. Drivers are clamouring for BMWs , Audis, and Infinitis this year, buying plush vehicles at a far faster pace than other cars or even the traditional favourite Ford F-150.

In the first five months of the year, luxury automakers sold almost 66,000 more vehicles in the U.S. than they did a year earlier, an 11 percent increase. Lincoln and Lexus in particular were stomping on the sales pedal. Sales of midsize cars such as the Honda Accord—the biggest segment of the U.S. market—slipped 3.6 percent, while truck sales—another huge chunk of the market—were up 4.6 percent.

Why are so many U.S. buyers springing for an opulent car? A relatively robust stock market helps, as does an improving overall economy. But there’s something far more interesting going on. A lot of Americans aren’t really buying new BMWs and Benzes after all; they’re renting them—or leasing, to be specific.

Leasing now accounts for a bigger share of auto sales than ever, according to Bloomberg Industries analyst Kevin Tynan. Consumers are feeling fairly flush but are still spooked about taking on large amounts of debt, Tynan says. What’s more, resale values are up, so companies are offering better leasing terms, confident that the vehicle will still be worth a tidy sum when the agreement runs its course.

Luxury drivers are more likely to lease than those to choose less pricey vehicles. About half of the Mercedes  sedans rolling off of lots these days are leased, compared with 13 percent of big trucks like the Chevy  Silverado.

For those who want to buy, it’s gotten easier to be a luxury car owner. Mercedes is now selling its CLA for about $30,000. (It doesn’t have the company’s famed rear-wheel drive, but it does have the logo on the hood.) Audi is making a similar play with its new A3, and BMW is shifting down-market as well with its 2 Series. Not surprisingly, aggregate sticker prices for the luxury segment aren’t nearly as high as they were last year.

So the car-buying process now includes a socioeconomic strategy question. Namely, is a starter Mercedes or a run-of-the-mill Lincoln more luxurious than a Mazda  or a Ford Fusion with all the extras? That’s for drivers (and their neighbours) to decide.

Source http://www.businessweek.com/articles/2014-06-23/bmws-and-other-luxury-cars-leave-pickups-in-the-dust

TOP SAFETY PICK+ earned by Mercedes-Benz E-Class

Its always nice to know which luxury cars are not only stylish and fast, but are also the best performing in the safety categories as well.

The 2014 Mercedes-Benz E-Class, a large luxury car, earns the IIHS TOP SAFETY PICK+ award, thanks to a good rating in the challenging small overlap front crash test and a standard front crash prevention system.

The E-Class also earns good ratings in the moderate overlap front, side, roof strength and head restraint evaluations.

Beginning with 2014 models manufactured after January, Mercedes strengthened the foot well area of the occupant compartment to improve protection in small overlap front crashes. These changes apply to the 4-door E-Class models.

In the small overlap test, the driver’s space was maintained well. Injury measures recorded on the driver dummy indicated that lower leg injuries would be possible in a real-world crash of this severity. The dummy’s head was reasonably controlled by the frontal airbag, but it rotated around and hit the vehicle’s A-pillar because the head and torso moved too far forward. The side curtain airbag deployed to protect the head from contact with other side structures. Despite the head contact, risk of significant injuries to the head and chest was low.

The Institute added the small overlap evaluation to its testing line-up in 2012. In the crash, 25 percent of a vehicle’s front end on the driver side strikes a 5-foot-tall rigid barrier at 40 mph. It replicates what happens when the front corner of a vehicle strikes another vehicle or object like a tree or a utility pole.

A standard forward collision warning system, called Collision Prevention Assist, earns the E-Class a basic rating for front crash prevention. When equipped with the optional Pre-Safe Brake system, the E-Class earns a superior rating for front crash prevention.

The E-Class is the fourth large luxury car to earn the Institute’s highest award for 2014. To qualify for TOP SAFETY PICK+, a vehicle must earn a good or acceptable rating for small overlap protection, a good rating in the Institute’s other four tests, and a basic, advanced or superior rating for front crash prevention.

Source http://insurancenewsnet.com/oarticle/2014/06/06/mercedes-benz-e-class-earns-top-safety-pick-a-514589.html#.U5cR-mdOV1s

 

Luxury car growth is never ending in North America

Luxury Car growth world wide is going from strength to strength with some promising figures already emerging for 2014. North America are not alone in their appreciation of luxury and style, but here lets take a look at who is performing well in the States.

U.S. auto sales turned out to have an incredible month of sales in May. The news was good almost universally (except for the VW brand), but the luxury car market just seems to have no end in sight in North America. What we have not done was to break out sales prices and incentives in the luxury market as a whole.

What is obvious is that the luxury market just keeps on chugging higher and higher once you look at the sales data.

Can some of this be attributed to new model launches? In some cases. Still, the numbers just look strong by almost every account. We took a look at North American sales of Porsche, BMW, Audi, Mercedes, Jaguar, and Land Rover for the month of May. Even the used luxury market looked strong when the companies discussed it.

Porsche said that its May sales of 4,609 vehicles was bumped by the mid-May launch of the 2015 Macan S and Macan Turbo (1,263 units). Porsche said that this beats last year’s record sales number by 17.3 percent. It was also the best ever sales month for Porsche in the U.S. Porsche even went on to say that its two-door sports cars and Panamera have continued strong sales performance gains from 2013, and that the demand for Cayenne still outstrips the supply. Porsche even went on to say that its Approved Certified Pre-Owned vehicle sales in May were up 17 percent at 994 units.

Mercedes-Benz said that May was the company’s fifth record sales month Of 2014, with its Mercedes-Benz brand sales up 7.7% to 26,617 units. Total sales were represented as being up over 8% to 29,570 units if you blend the Mercedes-Benz, Sprinter and smart model lines. The group’s top sellers in May were its C-, E- and M-Class model lines, with the E-Class up over 25 percent to 6,168 vehicles. Its high-end flagship S-Class volume of 2,173 was up over 82% from the same month last year.

BMW Group U.S. also posted a record May for its BMW brand, in part from the launch of the BMW i3. BMW and MINI combined sales in May were up over 13% to 35,331 vehicles, but sales of BMW brand vehicles rose by more than 17 percent in May for a total of 29,602 vehicles. The BMW i3 has now officially launched, with its first month’s sales totaling 336 units. BMW Pre-Owned Vehicles also rose by 14 percent to 18,064 vehicles. Management even talked up this summer –

“This will be the summer of BMW with the new M3 and M4 on sale this month and the new X4 and 4 Series Gran Coupe coming in July.”

Audi said that this was its best U.S. May sales in the company’s history, and second-best any-month tally period – with it being the 41st consecutive U.S. sales record. Its sales rose to 16,601 powered both by the new entry-level model, A3, and by the brand’s high-end cars. Diesels accounted for 11.5% to 28.2% of sales.

Jaguar and Land Rover have shown that May sales rose 17 percent, to 5,840 units (according to USA Today) – for the best May unit sales report since 2007. The Range Rover Sport redesign had record May sales of 1,496 units for a gain of 35 percent. Sale of the crossover Range Rover Evoque rose a sharp 59 percent to 1,196 sales. Jaguar sales were up 14% in May, led by its F-series sports car coupe and convertible and by the XK sedan.

Source Is There No End to Luxury Car Sales Growth in America? – 24/7 Wall St. http://247wallst.com/autos/2014/06/03/is-there-no-end-to-luxury-car-sales-growth-in-america/#ixzz33khuqNoI

Bookings have commenced for Mercedes India on upcoming models

We like to keep up to date on the luxury car market across the globe, especially India and China where they take luxury very seriously! Mercedes are making big waves in India at the minute and it doesn’t seem to be relenting any time soon.

Mercedes Benz India has commenced bookings for two of its upcoming models – the new GLA compact luxury SUV as well as the diesel version of the S-class, the S 350 sedan.

The Mercedes GLA compact luxury SUV is based on the front-wheel-drive MFA-platform that also underpins the A- and B-class. The SUV is comparable in size to the Audi Q3 and is expected to go on sale in India around the festive season. Mercedes dealers are currently taking orders for only one variant of the GLA, the GLA 220 CDI diesel. Mercedes Benz had showcased the GLA SUV at the Auto Expo 2014 earlier this year.

The Mercedes GLA 220 CDI is expected to come with a 2143cc diesel motor good for 167bhp. This is the same motor that does duty on the Mercedes A-class hatchback where it is detuned to put out 107bhp. The booking amount for the GLA 220 CDI is Rs 50,000 with deliveries being promised around September-October 2014.

Mercedes Benz has also started taking bookings for the diesel-powered S-class sedan. The S 350 CDI will be manufactured locally and will officially launch on June 5, 2014.

The Mercedes-Benz S 350 CDI will have similar equipment levels as the locally-made S 500, although it will skimp on certain features available on the range-topping version. The Burmester sound system will come without 3D surround system and there’ll be plain leather upholstery instead of nappa. The rear seat will be a bench instead of two individual seats. The S 350 CDI won’t have centre-armrest mounted tables for the rear passengers, nor chilling and heating cupholders. It will get a normal reversing camera instead of the 360-degree unit on the S 500. The Mercedes night-vision package also won’t be on offer on the S 350 CDI.

Mercedes is expected to price the S 350 CDI at around Rs 1.25 crore (estimated, ex-showroom). The Merc S 350 is a fair bit more expensive than direct rivals like the A8 L 3.0 TDI (Rs 1.12 crore), BMW 730Ld (Rs 1.02 crore) and the recently launched, locally assembled Jaguar XJ 3.0 TDI (Rs 92.1 lakh). The premium Mercedes is asking for over rivals can be put down to the fact that the S 350 is a whole generation ahead in terms of tech on offer. The booking amount for the S 350 CDI is Rs 5 lakh with deliveries being promised by end-June or early July.
Source http://www.autocarindia.com/auto-news/mercedes-s-350-cdi-gla-suv-bookings-commence-386483.aspx

Are luxury cars more affordable in todays market?

Do you think you can afford a luxury car? The luxury car market is going from strength to strength even through the recessions we have seen of late. More people are looking to invest in luxury cars, but don’t quite have the budget.

If you’ve been casting envious eyes on those Mercedes and BMWs in the office parking lot, you may be wondering if you could fit a luxury car into your budget. Luxury brands have been reading your mind and indeed have brought out more affordable models. But make sure you calculate all the costs that come with owning a luxury car — not just the purchase price.

You wouldn’t be the only one considering so-called entry-level luxury cars — those with purchase prices often starting under $35,000. Growth in this segment has been a major reason that luxury vehicles have increased their market share in recent years, according to an April report from analysts at the National Auto Dealers Association Used Car Guide. “The data suggests that the growth was due almost exclusively to new buyers entering the market,” not habitual luxury buyers trading down to less expensive models.

One of the entry-level luxury models’ best financial qualities is high resale value. And that leads to a more affordable way to drive a prestige model — by leasing it. The NADA Guide report notes that entry-level luxury cars on average retain 48.8% of their original value after three years, more than other luxury segments.
“The lower the rate of depreciation, the lower the lease payment,” notes NADA analyst Laurence Dixon III. For instance, the Lexus ES currently has a lease deal for $349 a month for two years with $2,999 due at signing.

Whether you get a good lease deal or buy the luxury car, that’s only the beginning of your expenses. As with any car, insurance, fuel maintenance and repair costs still have to be paid. To see the differential in costs, let’s compare an entry-level Mercedes-Benz C250 (selling at an average of about $35,900, according to TrueCar.com) with one of the best-selling midsize sedans, the Toyota Camry XLE, the best-equipped Camry with an average selling price of $23,061.

Here’s a look at comparative costs to own these cars:

Fuel Cost — The Mercedes, like most luxury cars, requires premium gasoline, while the Toyota, like most mainstream brands, uses regular. The current national average for regular is $3.64 a gallon vs. $4 for premium, according to AAA. The Mercedes C250, with a rating of 25 MPG in combined city and highway driving would rack up fuel costs of $2,400 per year, according to fueleconomy.gov. The Toyota, with a 28 MPG combined rating would come in at $1,950. That’s an extra $450 in your gas budget each year.

Insurance — First-time luxury car buyers are sometimes startled at their bill to insure that car. Following our example, InsuranceQuotes.com gives the following comparison for the two cars being insured in Northern California. For an age 40 married man or woman, the monthly insurance bill would be $173 for the Mercedes and $130 a month for the Toyota Camry. That’s more than $500 a year in extra insurance costs. To compare the insurance costs of your current vehicle to cars you might buy, go to Insurancequotes.com and scroll down the right side to the section called Car vs. Car. You can get an estimate using your age and zip code.

Maintenance — Oil changes and other routine maintenance typically cost more at luxury brand dealerships. As a selling point, some luxury brands like BMW offer free maintenance for the first 50,000 miles on a new car. But in our comparison, Mercedes-Benz does not offer a free maintenance program for this model. Toyota, unusually for mainstream brands, does have free maintenance for two years or 25,000 miles, whichever comes first.

Repairs — For repairs that go beyond standard maintenance, luxury dealers are also more expensive. You may be able to cut repair costs by avoiding dealers and going to independent repair shops that specialize, say, in German cars. But double check to see if that still meets the conditions of your warranty.

The comfort, style and prestige of owning a luxury car may in fact outweigh the extra costs for you. Just be sure you have an idea of those costs before you decide to buy or lease.

If you would like to experience a luxury car before going out and buying one, take a look at our website and see what we have to offer

Source http://www.cbsnews.com/news/thinking-of-buying-your-first-luxury-car/

Mercedes-Benz wins more awards in the UK than any other car manufacturer

Mercedes-Benz has yet again been one of the most awarded car manufacturers in the UK. Despite being German, the luxury car manufacturer has a huge fan base in the country and to be honest we can see why.

The Sonder Klasse (Special Class in German) has received more awards in 2014 than we can count with our fingers, with the latest to arrive earlier today.

The Mercedes-Benz S-Class was accompanied by the E-Class, with the two models being named “Best Luxury Car” and “Best Executive Car” respectively at the 2014 Fleet World Honors. 

Praised for the large array of safety systems introduced with its mid-cycle refresh in 2013, the Mercedes-Benz E-Class W212 was also complimented for its range of diesel engines, as we all know how pretty much all fleet cars in the UK are oil-burners. 

“The E-Class got a major facelift last year that included adding a huge amount of clever safety kit as standard and improving quality all round. So it’s now a very different car and it shows in the success it has had in fleet. The hybrid diesel is the best hybrid on the market and the traditional diesels are now extremely competitive too.” said Steve Moody, Editor of Fleet World Magazine, who organized the awards event.

Its larger brother, representing the top of the range when it comes to Mercedes-Benz luxury sedans and usually featuring technologies that will trickle down on other cars in the future, was commended for the smooth blending of luxury, refinement and comfort. 

“The S-Class is ubiquitous, and the new model is only set to make it more so. Mercedes just understands the luxury market perfectly, so you get unmatched levels of refinement comfort and luxury. Its clever new active ride suspension makes a mockery of potholes while options such as Burmester sound system and a whole menu of different types of massage make it the ultimate car in which to work and relax.” said Steve Moody.

In case it wasn’t obvious by now, both the current generations of the Mercedes-Benz S-Class and the E-Class are their segment leaders when it comes to fleets in the United Kingdom, a fact which somewhat explains the number of awards that they are receiving from various British magazines on a monthly basis.

Source http://www.autoevolution.com/news/mercedes-benz-s-class-and-e-class-win-more-awards-in-the-uk-81530.html

Luxury Cars making an appearance in Cannes

It’s not often that you get see a truck load of luxury cars being delivered, but when you are in the luxury car business you get to witness them in all their glory.

There is nothing more eye catching than seeing a Bugatti Veyron being driven off the back of a lorry. Even those with no interest in cars can appreciate the beauty of these luxury vehicles.

With all the cars being delivered in Cannes this week, we thought we would show you what has already been delivered down in the South of France.

I hope you enjoy!

Mayback Mercedes 1

What a wonderful sight to see so many Mercedes Mayback in one place

Mercedes G Wagon coming off

The Mercedes G Wagon being driven off the truck

Mercedes G Wagon in the street

Here it is again. This modified version looks right at home in Cannes

Veyron coming off 1

Last but not least the Bugatti Veyron wowing the crowds as it emerges from the truck.

If you like what you see, why not check out our website and hire out one of our luxury cars.