HWY Posted 26August, 2019 Report Share Posted 26August, 2019 Internet says that from December 2019 it will be legal to import any LHD or RHD car to Australia. This matches USA 25 year rule so it levels the playing field. However, if I understand things correctly, the car is still subject to 10% GST and 33% LCT and then a small certification cost of roughly $1000. So given the current weak AUD currency, and the high prices that many 1990 cars still have due to global demand, once the taxes are added, it probably still does not make economic sense to import? Can you gurus clarify if LCT is applicable as it seems a little hard to find a definitive answer. Pilko 1 Quote Link to comment Share on other sites More sharing options...
Troy997.1 Posted 27August, 2019 Report Share Posted 27August, 2019 https://www.ato.gov.au/Business/Luxury-car-tax/Working-out-the-LCT-amount/Working-out-the-LCT-on-an-import/ Jason A 1 Quote Link to comment Share on other sites More sharing options...
HWY Posted 27August, 2019 Author Report Share Posted 27August, 2019 Thanks very much. All clear Quote Link to comment Share on other sites More sharing options...
Avon Posted 28August, 2019 Report Share Posted 28August, 2019 If you use an import agent, they can 'help' with these sort of calculations. They understand the system very well and their knowledge can make a large difference to how much you end up paying. I used https://www.personalimport.com.au/ and for the ~$400 fee I saved much, much more than that and took away all the worry about getting it wrong (and it can go very wrong if you don't do the import process correctly) HWY 1 Quote Link to comment Share on other sites More sharing options...
HWY Posted 28August, 2019 Author Report Share Posted 28August, 2019 Avon- That's exactly what I am after. Thanks very much. Quote Link to comment Share on other sites More sharing options...
HWY Posted 13October, 2019 Author Report Share Posted 13October, 2019 Appears start date has been pushed back from Dec 2019 to 1 July 2021 thanks to lobbying from the usual industry parties. Quote Link to comment Share on other sites More sharing options...
Coastr Posted 13October, 2019 Report Share Posted 13October, 2019 If that is true (feel lucky I didn't buy a car in anticipation) then it will cover nearly all 993s from day of implementation. Truly stupid stuff. Governments once again protecting the consumer from greater choice and lower prices. Quote Link to comment Share on other sites More sharing options...
HWY Posted 13October, 2019 Author Report Share Posted 13October, 2019 Yep- I already had an order in overseas to be on the lookout for a car to buy since the last I read was that there was no reason to delay the start date and it was just rubber stamping process through Federal Govt. Just thought to check once again, and the news seems to imply at least one year delay. Nuts. Quote Link to comment Share on other sites More sharing options...
rafikdous Posted 14October, 2019 Report Share Posted 14October, 2019 It has been delayed to up to July 2021 https://www.infrastructure.gov.au/vehicles/rvs/index.aspx Quote Link to comment Share on other sites More sharing options...
HWY Posted 14October, 2019 Author Report Share Posted 14October, 2019 Thanks for the website link. It's a wonder anything gets done these days. Big bummer as I wanted vintage to cancel out the plug in hybrid the wife drives. Quote Link to comment Share on other sites More sharing options...
symsy Posted 15October, 2019 Report Share Posted 15October, 2019 On 14/10/2019 at 03:35, Coastr said: If that is true (feel lucky I didn't buy a car in anticipation) then it will cover nearly all 993s from day of implementation. Truly stupid stuff. Governments once again protecting the consumer from greater choice and lower prices. Dutton , Lorbeck and the other Melbourne car lads probably just took the minister to dinner 😆😢 edgy 1 Quote Link to comment Share on other sites More sharing options...
edgy Posted 16October, 2019 Report Share Posted 16October, 2019 So is that safe to say the rolling 30 y.o. rule prevails till such time as the 25 yo (might) get implemented in 2021? Quote Link to comment Share on other sites More sharing options...
rafikdous Posted 16October, 2019 Report Share Posted 16October, 2019 1 hour ago, edgy said: So is that safe to say the rolling 30 y.o. rule prevails till such time as the 25 yo (might) get implemented in 2021? As far as I know there isn't a 30 years rolling rule, its pre '89 regardless of what year we are in now Quote Link to comment Share on other sites More sharing options...
NBTBRV8 Posted 16October, 2019 Report Share Posted 16October, 2019 1 hour ago, rafikdous said: As far as I know there isn't a 30 years rolling rule, its pre '89 regardless of what year we are in now Yes that is right as I understand it. Quote Link to comment Share on other sites More sharing options...
edgy Posted 16October, 2019 Report Share Posted 16October, 2019 2 hours ago, rafikdous said: As far as I know there isn't a 30 years rolling rule, its pre '89 regardless of what year we are in now Hmm well I guess since only this year is equal to 1989 being 30 years, they never really established what would happen beyond, does that mean there’s a grey area then in the 2 years to come? because as far as I knew, if a vehicle was 30+ years, it was far more relaxed criteria, the 1989 was a SEVS thing was it not? Quote Link to comment Share on other sites More sharing options...
t888 Posted 17October, 2019 Report Share Posted 17October, 2019 The pre-1989 option is separate to SEVS. SEVS is basically for things not available in Australia, and made after 1989. The two Porsches on the SEVS list are the Carrera GT and 918 Spyder. https://www.infrastructure.gov.au/vehicles/imports/import_options/pre1989scheme.aspxhttps://www.infrastructure.gov.au/vehicles/sevs/files/SEVS_Eligibility_Criteria.pdf Quote Link to comment Share on other sites More sharing options...
Taffy Posted 17October, 2019 Report Share Posted 17October, 2019 I am looking at doing the personal import thing as going to Scotland for a couple of years. Beyond talking with an engineer (done and it turns out a DB9 needs a lot more mods then a 911) for getting a post 89 car i dont think there is much more i need to worry about. Seems to stack up financially for a number of cars still, even taking into account a value hit in Aus, taxes/import etc if i keep it valued below LCT. So 996 Turbo, 997.1 and some 997.2's seem to work. Wife is on board but must have 4 seats as she wants it to be used for weekends away removing F-Type, Vantage, R8 and a few other options. Have i missed something major with the new rules as i dont see it impacting me? Quote Link to comment Share on other sites More sharing options...
HWY Posted 18October, 2019 Author Report Share Posted 18October, 2019 Good news- the delay does not impact importing 25 year old cars from December. I gained the info talking to several import agents. So this part of the change is still going ahead from this year, assuming the law will be passed. Bold highlights added by me. http://raws.infrastructure.gov.au Changes as a result of the delayed commencement of the Road Vehicle Standards legislation The Australian Government recognises that some stakeholders have been adversely affected by the postponement of the commencement of the Road Vehicle Standards (RVS) legislation. It is not the Government’s intention to unnecessarily disadvantage businesses or individuals as a result of this decision. The Government therefore intends to implement a range of measures to minimise the negative impact of the postponement on affected stakeholders. In essence, this will entail enabling access to specialist, enthusiast and older vehicles (vehicles older than 25 years old) that would been available under the RVS legislation had it commenced. The Government has commenced working with industry representative organisations on the detail of these measures to enable practical implementation from 10 December 2019. More detailed information will be published on this website once this work has been finalised. Vehicles 25 years and older Firstly, applications will be able to be made from 10 December 2019, for older vehicles (vehicles older than 25 years). Under this option, the vehicle must meet the eligibility criteria under rule 36 of the Road Vehicle Standards Rules 2019. 36 Eligibility criterion—older vehicles (1) A road vehicle satisfies the eligibility criterion set out in this section if the Minister is satisfied that: (a) the vehicle is in one of the following vehicle categories: (i) Passenger Car (MA); (ii) Forward control Passenger Vehicle (MB); (iii) Off road Passenger Vehicle (MC); (iv) Moped 2 wheels (LA); (v) Moped 3 wheels (LB); (vi) Motor cycle (LC); (vii) Motor cycle and side car (LD); (viii) Motor tricycle (LE); (ix) Light Goods Vehicle (NA); and (b) the vehicle has a relevant build date that is at least 25 years before the date of the application. Note: Vehicle categories are set out in the Vehicle Standard (Australian Design Rule—Definitions and Categories) 2005. See the definition of vehicle category in section 5. (2) For the purposes of paragraph (1)(b), the relevant build date for a road vehicle is the date that the Minister is satisfied is: (a) the date that assembly of the vehicle was first completed; or (b) if the Minister is satisfied that significant modifications were made to the vehicle after assembly of the vehicle was first completed—the date that the last of the significant modifications were completed. Further information in relation to this option, including how to apply, will be available and published on the Department’s website in mid-November 2019 58 minutes ago, Taffy said: I am looking at doing the personal import thing as going to Scotland for a couple of years. Beyond talking with an engineer (done and it turns out a DB9 needs a lot more mods then a 911) for getting a post 89 car i dont think there is much more i need to worry about. Seems to stack up financially for a number of cars still, even taking into account a value hit in Aus, taxes/import etc if i keep it valued below LCT. So 996 Turbo, 997.1 and some 997.2's seem to work. Wife is on board but must have 4 seats as she wants it to be used for weekends away removing F-Type, Vantage, R8 and a few other options. Have i missed something major with the new rules as i dont see it impacting me? If you live in UK and bring a car back then it is personal import as opposed to the new laws. As long as you owned the car for 12 months and are coming back in one way then you can bring one car is my understanding of the personal import sceme. Go BIG!!! edgy 1 Quote Link to comment Share on other sites More sharing options...
brian in buddina Posted 18October, 2019 Report Share Posted 18October, 2019 On 15 October 2019 at 13:34, symsy said: Dutton , Lorbeck and the other Melbourne car lads probably just took the minister to dinner 😆😢 or hookers & cocaine TwoHeadsTas and symsy 1 1 Quote Link to comment Share on other sites More sharing options...
edgy Posted 18October, 2019 Report Share Posted 18October, 2019 So I'll just say what most of us are thinking.... 964's are now on the menu from Dec 2019 + ?? Taffy 1 Quote Link to comment Share on other sites More sharing options...
HWY Posted 18October, 2019 Author Report Share Posted 18October, 2019 Even early model 993's Quote Link to comment Share on other sites More sharing options...
WGA Posted 28November, 2019 Report Share Posted 28November, 2019 Is anybody able to validate whether the new rolling 25year rule is going to be implemented early December 2019 as the RAWS website states? Quote Link to comment Share on other sites More sharing options...
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