jeffa32 Posted 29September, 2013 Report Share Posted 29September, 2013 Hi All, Living in the UK and starting down the path of buying my first 911. N I will be in the UK for a couple of years and then be returning to Melbourne, hopefully with the 911. I would only buy from Porsche approved dealers as the warranty is recognised globally, which is a big point should i decide to sell back in Australia (I have researched what is required to bring the car back and understand that imports do not command the same prices as Australian delivered cars) Any opinion as to which model? Any colour to avoid? Do the bodykits detract from selling in the future? The Carrera appears to have the greatest price differential vs Australian prices 911's Couple of links to examples for sale Carrera -http://www.autotrader.co.uk/classified/advert/201309108708464/sort/default/usedcars/maximum-age/up_to_2_years_old/body-type/coupe/transmission/automatic/price-to/75000/price-from/50000/maximum-mileage/up_to_20000_miles/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/radius/1501/postcode/rm41bt/page/1?logcode=p Carrera S http://www.autotrader.co.uk/classified/advert/201308258470905/sort/default/usedcars/maximum-age/up_to_2_years_old/body-type/coupe/transmission/automatic/price-to/75000/price-from/50000/maximum-mileage/up_to_20000_miles/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/radius/1501/page/1/postcode/rm41bt?logcode=p Carrera 4S http://www.autotrader.co.uk/classified/advert/201307278020601/sort/default/usedcars/maximum-age/up_to_2_years_old/body-type/coupe/transmission/automatic/price-to/75000/price-from/50000/maximum-mileage/up_to_20000_miles/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/page/1/radius/1501/postcode/rm41bt?logcode=p GTS http://www.autotrader.co.uk/classified/advert/201309218902046/sort/default/usedcars/maximum-age/up_to_2_years_old/body-type/coupe/transmission/automatic/price-to/75000/price-from/50000/maximum-mileage/up_to_20000_miles/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/radius/1501/postcode/rm41bt/page/2?logcode=p Link to comment Share on other sites More sharing options...
nath Posted 29September, 2013 Report Share Posted 29September, 2013 My 3.8 cents. Don't think about re-sale value as from what I've read and seen people buy and tend to keep the cars for a long long time. Best thing is work out the budget, drive a few cars within the budget and then buy the one that gives you the thrill and makes you drool to look at, whether it has a body kit, is a turbo, new or old whichever gets the blood pumping buy it love it and then if you ever decide to sell cross that bridge at that point. All that being said that GTS tickles me in ways my wife wouldn't like.... Link to comment Share on other sites More sharing options...
Hounddub Posted 29September, 2013 Report Share Posted 29September, 2013 Hi Jeffa. If you want to send me a PM I can share with you my learnings of the "process" so far. Im in Singapore and aboutto ship mine on the private import route. David Link to comment Share on other sites More sharing options...
SteamWolf Posted 29September, 2013 Report Share Posted 29September, 2013 Seems to me the prices of SWB stuff is going down, the price of impact bumper cars (particularly G50 87-89 cars) and 993's is climbing and 996/boxster prices are decreasing. Link to comment Share on other sites More sharing options...
edgy Posted 29September, 2013 Report Share Posted 29September, 2013 I'll echo the "buy what you like" comments.. all are nice, that GTS is quite the car too! Only thing about the GTS you may want to read up on is the issue with the street centre locks. good luck with it. Link to comment Share on other sites More sharing options...
Hounddub Posted 30September, 2013 Report Share Posted 30September, 2013 Please remember to consider one very important component of the Private Import Process. The import value is calculated in Australia and if you select a car in the UK which is too "new" you will be exposed to significant luxury car tax liability which will make the importation very expensive. To give you an example, my 2007 4S has had variable wholesale valuations ranging from $75K upwards. Since LCT is calculated on the amount over (approx) $70K the impact on the increase in this value is massive for both import and stamp duty purposes (yes, remember that even after the federal government hammers you for import costs, GST, LCT the state government will then smack you with Stamp duty as well). At a wholesale valuation of $75k my import costs. Get it on the road is circa $20K.....if it is $85k my costs increase by $10K! I'm only suggesting this as a 997.2 GTS will still have a huge book value in Australia and your tax exposure could be ferocious! Link to comment Share on other sites More sharing options...
jeffa32 Posted 30September, 2013 Author Report Share Posted 30September, 2013 I have narrowed my search down to this 997. Not going to break the bank, low mileage, my preferred colour, like the steering wheel (hate the push buttons) nice option list and the aerokit looks good. Approved used vehicle and 3 years old so past the biggest hit for depreciation. Comment? Any crucial options missing? http://www.autotrader.co.uk/classified/advert/201309108722832/sort/pricedesc/usedcars/price-from/35000/maximum-mileage/up_to_20000_miles/price-to/50000/transmission/automatic/maximum-age/up_to_3_years_old/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/postcode/rm41bt/radius/1501/page/1?logcode=p Link to comment Share on other sites More sharing options...
SteamWolf Posted 1October, 2013 Report Share Posted 1October, 2013 Check on the import tax side of things. As a migrating resident you may be able to avoid most of the luxury car and stamp duty type taxes that the rest of us would have to pay, but def check first. Link to comment Share on other sites More sharing options...
nath Posted 1October, 2013 Report Share Posted 1October, 2013 Looks good I agree on the paddles but am trying to live with it for now. What's with launch control on the wheel, ominous... I have narrowed my search down to this 997. Not going to break the bank, low mileage, my preferred colour, like the steering wheel (hate the push buttons) nice option list and the aerokit looks good. Approved used vehicle and 3 years old so past the biggest hit for depreciation. Comment? Any crucial options missing?http://www.autotrader.co.uk/classified/advert/201309108722832/sort/pricedesc/usedcars/price-from/35000/maximum-mileage/up_to_20000_miles/price-to/50000/transmission/automatic/maximum-age/up_to_3_years_old/model/911/make/porsche/onesearchad/used/onesearchad/nearlynew/onesearchad/new/postcode/rm41bt/radius/1501/page/1?logcode=p Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 Check on the import tax side of things. As a migrating resident you may be able to avoid most of the luxury car and stamp duty type taxes that the rest of us would have to pay, but def check first. Nope....still got to pay all that. Link to comment Share on other sites More sharing options...
SteamWolf Posted 1October, 2013 Report Share Posted 1October, 2013 I'm not saying your wrong, but if you have some helpful links, it would be good for anyone contemplating this process. Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 Here's the exact "line-by-line" quote for my car's move to Sydney next month from Singapore. It's based on a import valuation of AUD$75K (which is essentially a 22% discount on redbook from what I can see). Freight from the UK would be similar price. -- shipping costs -- $2,500 ocean freight & export customs $2,200-2,800 customs, quarantine & port fees $3,650 import duty $7,850 GST $8,400 LCT -- road registration costs -- $800 ADR compliance $150 roadworthy requirements $1,442 registration (12 months) $4,000 stamp duty -- other costs -- $50 import approval application $275 Australian Customs vehicle valuation Link to comment Share on other sites More sharing options...
SteamWolf Posted 1October, 2013 Report Share Posted 1October, 2013 Wow that's obscene! How long were you OS/owned the car? I was led to believe a car owned overseas for 3 years or more, or a new migrant bringing their car in was exempt from most of that. Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 Wow that's obscene! How long were you OS/owned the car? I was led to believe a car owned overseas for 3 years or more, or a new migrant bringing their car in was exempt from most of that. The importation of a car by an Australian citizen or "new arrival" resident is made under the Private Importation of Vehicle scheme. The qualification to import under this scheme is that the car must be owned and used by you overseas for more than 12 months whilst residing there. You must prove this with service/ petrol receipts as well as showing employment/ lease termination when you want to ship it. It's very complicated and classic Australian nannying! Most people think that under this scheme you will be exempt from Duty and taxes......but not so, it merely reduces the need to have the car certified and complied. Link to comment Share on other sites More sharing options...
SteamWolf Posted 1October, 2013 Report Share Posted 1October, 2013 Ok thanks, good to have that cleared up! Link to comment Share on other sites More sharing options...
Uncle Posted 1October, 2013 Report Share Posted 1October, 2013 It's very complicated and classic Australian nannying! Yep such a classic case of it . Bring back cracker night and Darwin. Link to comment Share on other sites More sharing options...
Cal Posted 1October, 2013 Report Share Posted 1October, 2013 It's just another tax grab. I read yesterday that compliance costs and total government taxes & charges on building a new home now amount to more than the cost of the land itself. Figures for outer Brisbane on a $453K house and land package. Land = $77500, construction $216000, compliance/tax $120000. So 26% of the cost. In Sydney it's over 30%. What a joke. Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 Totally agree. And lets not forget that if you look carefully at the figures I posted you pay duty, then GST on the duty, then LCT on the duty and GST inclusive price. tax on tax on tax on tax.......and then the state government smashes you for something you already own! Why am i coming home?..... Need a reminder. Link to comment Share on other sites More sharing options...
nath Posted 1October, 2013 Report Share Posted 1October, 2013 They'll also charge gst on the shipping.... Link to comment Share on other sites More sharing options...
jeffa32 Posted 1October, 2013 Author Report Share Posted 1October, 2013 Here's the exact "line-by-line" quote for my car's move to Sydney next month from Singapore. It's based on a import valuation of AUD$75K (which is essentially a 22% discount on redbook from what I can see). Freight from the UK would be similar price. -- shipping costs -- $2,500 ocean freight & export customs $2,200-2,800 customs, quarantine & port fees $3,650 import duty $7,850 GST $8,400 LCT -- road registration costs -- $800 ADR compliance $150 roadworthy requirements $1,442 registration (12 months) $4,000 stamp duty -- other costs -- $50 import approval application $275 Australian Customs vehicle valuation What do you think the book value would be on the 2010 997.2 I posted? Redbook suggests current prices of private price of $129 - 140K and trade in $116 - 127K. Would be keen to understand the calculations used. PM me if you have this data on a spread sheet. It maybe better to look at something a little older to lower the valuation. With depreciation over the next couple of years and a reduction in valuation due to the car being and import it shouldn't get valued anywhere near that. How confident are you that the $75K valuation will be correct? Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 This is the redbook page on my car. http://www.redbook.com.au/cars/research/used/details/2006-porsche-911-997-94171?R=94171&Silo=spec&Vertical=car&Ridx=1&eapi=2 The $75K valuation is spot on as far as I can tell. What's telling is that the variation of wholesale valuations for 997s from 2005 onwards only differs marginally each year. Sign of great demand and resale. Link to comment Share on other sites More sharing options...
jeffa32 Posted 1October, 2013 Author Report Share Posted 1October, 2013 Interesting insight on the values. Link to comment Share on other sites More sharing options...
teknostar Posted 1October, 2013 Report Share Posted 1October, 2013 The importation of a car by an Australian citizen or "new arrival" resident is made under the Private Importation of Vehicle scheme. The qualification to import under this scheme is that the car must be owned and used by you overseas for more than 12 months whilst residing there. You must prove this with service/ petrol receipts as well as showing employment/ lease termination when you want to ship it. It's very complicated and classic Australian nannying! Most people think that under this scheme you will be exempt from Duty and taxes......but not so, it merely reduces the need to have the car certified and complied. I seriously doubt that this scheme removes the requirement to demonstrate that the vehicle meets ADR requirements. All of the research that I have done re importing vehicles through SEVS or RAWS requires cars to meet ADR requirements, and this adds cost to get these items (e.g. child seat restraints added). Link to comment Share on other sites More sharing options...
Hounddub Posted 1October, 2013 Report Share Posted 1October, 2013 No doubt, and if you review the cost schedule I posted earlier you'll see that there is a charge for local compliance....specifically the child harness tether. Link to comment Share on other sites More sharing options...
Cal Posted 1October, 2013 Report Share Posted 1October, 2013 I wouldn't have a whole lot of faith in Redbook values. They can be wildly inaccurate. Link to comment Share on other sites More sharing options...
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