RLR997 Posted 28November, 2021 Report Share Posted 28November, 2021 Hi All, Wondering if the team here can help me with a couple questions on how vehicles under the personal import conditions are valued and what a local valuation for my 2007 997 turbo (tip) with ~120,000kms might be? I bought the car in NZ 2.5 years ago, where I have lived for the last 7 years. I bought the car for $90k NZD and really hoping that’s the price I can quote for the valuation, rather than a local ‘specialist valuer” which I suspect even wholesale will be significantly higher… Anyone have recent experience with this or willing to suggest what a potential wholesale ‘expert valuation’ might be? Quote Link to comment Share on other sites More sharing options...
Yeatesy Posted 28November, 2021 Report Share Posted 28November, 2021 33 minutes ago, RLR997 said: Hi All, Wondering if the team here can help me with a couple questions on how vehicles under the personal import conditions are valued and what a local valuation for my 2007 997 turbo (tip) with ~120,000kms might be? I bought the car in NZ 2.5 years ago, where I have lived for the last 7 years. I bought the car for $90k NZD and really hoping that’s the price I can quote for the valuation, rather than a local ‘specialist valuer” which I suspect even wholesale will be significantly higher… Anyone have recent experience with this or willing to suggest what a potential wholesale ‘expert valuation’ might be? 997.1 Turbo’s have been listed over the last 6 months for between 175 & 195k & they haven’t been selling. If quoting 90k benefits you then I’d run with that but I expect that your car considering that it’s an import & has higher km’s than the cars I mentioned above would still be worth somewhere around 120k wholesale, I hope that helps. I work for a dealership so if you need something in writing I’m happy to help. tomo and RLR997 1 1 Quote Link to comment Share on other sites More sharing options...
smit2100 Posted 28November, 2021 Report Share Posted 28November, 2021 8 hours ago, RLR997 said: Hi All, Wondering if the team here can help me with a couple questions on how vehicles under the personal import conditions are valued and what a local valuation for my 2007 997 turbo (tip) with ~120,000kms might be? I bought the car in NZ 2.5 years ago, where I have lived for the last 7 years. I bought the car for $90k NZD and really hoping that’s the price I can quote for the valuation, rather than a local ‘specialist valuer” which I suspect even wholesale will be significantly higher… Anyone have recent experience with this or willing to suggest what a potential wholesale ‘expert valuation’ might be? Just a view but the masses and all but a handful on here appear to have little respect for redbook and glass guide valuations for 911 turbo's. I have great respect for those values particularly when it comes to supporting valuations and have used them in the past. What is wrong with one of those valuations printed out with a reference date as documentary evidence of an independent valuation. If the masses insist on paying stamps and fbt based on current asking / what they actually paid and think that presents what is worth, me thinks that is an opportunity cost in terms of mod / improved driveability money that got flushed away. ps pretty sure those valuations are for Australian delivered and not unloved dirty imports so room for a discount factor to be applied as I see it to the redbook, glasses printout as an point of debate/ fact if further challenged and your valuation is dinged as being too low Quote Link to comment Share on other sites More sharing options...
symsy Posted 15December, 2021 Report Share Posted 15December, 2021 I know of another car just imported like $10k taxes on a car that is notionally a 130-150k car here .. It just came with a receipt and a letter saying no asbestos and a quick PPI style review and value estimate on some official looking paper from Autofarm in the uk. I think the market value thing is a guessing game.. some dealers have 40% margin in their cars .. I would be taking the bottom of the market and perhaps cutting back 40% and see where that gets you in terms of dollars. If you have owned it what they gonna say, remember you can always say it needs a new turbo and or rebuild.. that's a big dent in value 🤪 Different world but I bought R32 Vspecs in and they were on market at 55-85k , I paid 3k on a 12k buy and no one even blinked an eye. Get your paperwork in order , less is more but have the essentials , keep the story simple and make their journey a really easy one and most importers who have a good reputation are just going through a simple exercise with their favourite customs guy. Most of what I have heard spoken if you dont take the piss and my personal experienced and reality is , most people are fear mongering , bragging and its folklore. Do however get very clear on Asbestos.. and its good to have a letter saying none form the Porsche dudes .. Not Porsche but a good Auto workshop, again most customs dudes dont know who's who in the zoo in the Porsche world.. they just look at the letterhead Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.