Singer pricing

[911virgin]

Has anyone placed an order with zagama in Australia for a singer restoration?

I'm not 100% sure but I've heard the pricing for a Classic Reso is $600k USD.

FOR A TURBO Reso it's $1.9 million USD

And there is one more category which is $800k USD I Think

Does this pricing sound right or way off?

[Jedly]

That’s about right but it’s a huge option list so varies 

classic was about $600 but all slots gone

dls was about $1.9 but long sold out 

turbo study ( the ongoing model) is about $800

 

plus cost of the donor car , plus taxes on the value of the resto work on import .

[911virgin]

Incredible demand for it to be sold out!

The work is done by singer in USA after the Oz car is shipped to USA,then the car has to be shipped back to Oz?

[Jedly]

Yes , you source the donor car ( or with help from zagame ) from here ( though it can be an import and that’s most cost effective way as the pull the thing apart anyway )

 

you in effect send it out to USA for customisation , the big difference to singers demand here was a ruling from ATO that in effect you just paid gst on the value of that work rather than gst and lct on value of the completed car ( big difference )

I was told a few weeks ago that 40+ orders have been placed from Australia now .

personally I have concerns that this is something I’ve seen before in the watch world from Patek Phillipe with their grand complications …. They had a huge secondary market with a big premium and they wanted a share of that market , so they introduced a new replacement model with higher price AND stepped up production … and the market fell flat on it’s face , took them 4-5 years to get it steady again ….