HSV E2 Maloo UK Value?

HSV E2 Maloo UK Value?

Author
Discussion

andrewastley85

Original Poster:

4 posts

86 months

Tuesday 31st January 2017
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Hello All,

I am a long time lurker of piston heads, however finally, I need some help/advice.

I am looking at bringing a HSV E2 VE R8 Maloo 6 Speed (minter) Red, full history with 40,000ks over to UK for a month on a driving holiday. The Maloo is basically stock, does have a Walkingshaw Exhaust and Walkinshaw Growler Style intake which sounds the business. It also has the E3 20 inch genuine HSV staggered Pentagon wheels that the previous owner fitted.

The cost of shipping it back to Australia is about the same price as compliance and import duty (ish).

However not being a very popular car over in the UK, I was trying to work out what it would be worth if sold in the UK. In Australia it's a $40-$45kAUD ask.

The closest thing I have come across in the UK is a VZ Maloo which was advertised for 22,000 pounds with similar k's. But an E2 VE Maloo is worth nearly twice what a VZ Maloo is worth here. There was also a Supercharged VF SSV for 47500 pounds, which here would fetch about the same as the VE E2 R8 Maloo.

What do you guys think would be a fair price in the UK, especially now the VF Maloos are being sold in the UK new as VXRs it will make the Maloo a little less rare I guess.

Any ideas or thoughts on value would be appreciated.

Cheers
Andrew


ARAF

20,759 posts

222 months

Tuesday 31st January 2017
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Somewhere between £23k and £27k would be my guess, once it was registered for the road in the UK - similar in price to the E2 GTS that changed hands last year.

If you don't want the hassle of dealing with the registration then I reckon that will knock £5k off that value.



Edited by ARAF on Tuesday 31st January 12:11

Superhans_

155 posts

91 months

Tuesday 31st January 2017
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I'll buy it if it's a manual

andrewastley85

Original Poster:

4 posts

86 months

Tuesday 31st January 2017
quotequote all
ARAF said:
Somewhere between £23k and £27k would be my guess, once it was registered for the road in the UK - similar in price to the E2 GTS that changed hands last year.

If you don't want the hassle of dealing with the registration then I reckon that will knock £5k off that value.



Edited by ARAF on Tuesday 31st January 12:11
Thanks for the figures ARAF, much appreciated. That's about what this example is worth in Australia. Which might explain why not many get imported to the UK.

andrewastley85

Original Poster:

4 posts

86 months

Tuesday 31st January 2017
quotequote all
Superhans_ said:
I'll buy it if it's a manual
It's a manual and very low k's. Let me know if you are genuinely interested and what sort of money.

There's only 11 manual E2 R8s for sale in Aus at the moment the next lowest kilometre car is double this one. It's hard to find one in good nick here, it's almost a shame they appeal so much as work vehicles. Interiors get neglected and k's racked up all too often. But that's what makes them appeal to the masses.

I guess we'll see what the market does over here as the production comes closer to an end.



ARAF

20,759 posts

222 months

Wednesday 1st February 2017
quotequote all
andrewastley85 said:
Thanks for the figures ARAF, much appreciated. That's about what this example is worth in Australia. Which might explain why not many get imported to the UK.
I think at those figures it would go pretty quickly. I have looked at bringing a later one in myself, but I can't make the figures stack up to what you can get from Vauxhall for a VXR Maloo so have never gone any further.

There's plenty here that would say higher prices are achievable, but it depends how much of your life you want to spend with it in the classifieds. I did think about making a cheeky bid myself (as Mrs Araf doesn't like the GenF lights), but we've got our SSV just how we want it, apart from a bit of paint, so I can't see that happening.

Good luck with whatever you decide. smile

Superhans_

155 posts

91 months

Wednesday 1st February 2017
quotequote all
andrewastley85 said:
It's a manual and very low k's. Let me know if you are genuinely interested and what sort of money.

There's only 11 manual E2 R8s for sale in Aus at the moment the next lowest kilometre car is double this one. It's hard to find one in good nick here, it's almost a shame they appeal so much as work vehicles. Interiors get neglected and k's racked up all too often. But that's what makes them appeal to the masses.

I guess we'll see what the market does over here as the production comes closer to an end.
I prefer the original E series (white or red) with all the optional extras, but would settle for the E2. Price would depend on whether you've got it UK road registered or not. I'm waiting for one to come up for sale but they literally never crop up.

ringram

14,700 posts

247 months

Wednesday 1st February 2017
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Had some work done at WPUK today on the VF and WP said there was a E2 Maloo for sale there. They had a black one and a blue one.
So give them a call and see what the spec is. The guy said the owner had 3 utes from memory, maybe making way for a new one lucky sod.


goldvxr8

2,949 posts

165 months

Thursday 2nd February 2017
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I now I would have it as I missed out on a black one and the one will go well next to my r8

andrewastley85

Original Poster:

4 posts

86 months

Friday 3rd February 2017
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Thanks everyone for the replies. Really do appreciate it.

I'll try and get on to Walkinshaw and get a price put on it properly. That way I'll know whether to go down the import and compliance route, or the bring the beast back to Aus. I've had an E60 M5 since 2009 and started playing with a few other cars like Evos and XJRs over the last few years. Still have them all, but the ute has such an awesome presence on the road.

Strangely enough, since the ute liner is basically brand new, i'm scared to use the ute tray for fear of scratching it. It's the most impractical practical vehicle in the world.

I hope you all have a great weekend.

Cheers
Andrew

ARAF

20,759 posts

222 months

Saturday 4th February 2017
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Of course, if you have to tour in a Maloo then the alternative is to buy one here and then sell it before you return to Oz.

How much is the cost of shipping it each way?

vxr2010

2,554 posts

158 months

Saturday 4th February 2017
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ARAF , if you own a car down under then i thought import duty was different if you prove you owned it for a while ?

preciousmetal

3,369 posts

175 months

Saturday 4th February 2017
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vxr2010 said:
ARAF , if you own a car down under then i thought import duty was different if you prove you owned it for a while ?
I believe you have to own it here when registered for a year before you can sell it if you want to avoid import duty / vat as this Maloo is ex EU so never paid any VAT. Silly rules I know

Ian may no different. But I bought a Ute of a guy who had it new in Australia and had imported it here for 6 months and it was customs restricted for a further 6 months so the duty/vat still had to be paid eek

ARAF

20,759 posts

222 months

Sunday 5th February 2017
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This ^^^^

Also, you have to move your permanent residence from Oz to the UK - and HMRC do check with local authorities.

preciousmetal

3,369 posts

175 months

Monday 6th February 2017
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ARAF said:
Also, you have to move your permanent residence from Oz to the UK - and HMRC do check with local authorities.
That's a new one - Learn something new every day

foibles

65 posts

112 months

Sunday 26th March 2017
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Importing this would be a completely futile exercise.

As a previous poster mentioned - the vehicle must be owned for 6 months in Oz, as well as 12 months in the UK.

In the interim, you also have 6 weeks sailing time (in which time you are without your car in Oz....so what are the impacts and overheads of that?), as well as IVA (or whatever it is called) - preparation work in the UK - so you'd be unable to drive it for probably 2 weeks at least at the UK end (so your month of driving is nearly up).

Your vehicle would therefor be subject to 10% duty (straight market value - possibly what you paid for it - presumably a reduction for amortisation from new) - plus VAT at 20% - which is compounded on the cost of shipping and handling - presumably about 3500AUD presuming RORO.

I don't know what the Aus value of your car is - but assuming it is $40K, you are effectively up for another $4K in duty, $6K in shipping and compliance, and $10K in VAT. Which means you need to get comfortably over $60K AUD to make it worth while...comfortably over. This translates to 36K GBP.....which you must then convert back into AUD when you go home (unless you want a pile of pounds sitting around the house), so kiss goodbye to an extra 1%.

Furthermore....I guess you are presuming that you will certainly sell the car exactly after the time you finish driving, and need to fly home.....otherwise you'll have to leave it with someone, and good luck with that (storage costs, handling costs, their commission, etc).

All in all....I'd say not a detailed plan that you have.

If all you want is a vehicle to drive - then buy and sell one whilst there, or rent one. If what you want is to sell for a profit, you'll need to move there permanently (which does not need to be permanent, but needs to look permanent). As you aren't contemplating this.....it's not workable.

Rent an M4 whilst you are there - a much nicer car.

foibles

65 posts

112 months

Sunday 26th March 2017
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and just quickly - if you were planning on bring it back to Oz - you would still need an import approval.

Sure, it may be your car you are re-importing, but you need an Oz VIA nonetheless. Add $55 to the equation, and around 5 weeks. You will almost certainly need a broker to arrange shipping, handling, port fees, etc - you may also have to undergo an AQIS (Quarantine) inspection on the car - which could add hundreds to the equation.

If what you are really aiming for is to send HSV to the UK to make a profit.....then you'd need to be prepared to own it at least 6 months in Oz, 2 months sailing and at least 12 months in UK - plus costs of compliance, storage, insurance - etc

I would suggest that this is not feasible.


ARAF

20,759 posts

222 months

Sunday 26th March 2017
quotequote all
If you were thinking of taking the car back then you can import it temporarily without paying anything. The car would then stay on Aus plates and insurance while it is in the EC.

Superhans_

155 posts

91 months

Sunday 26th March 2017
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Just to add to this, depending on location in UK & Aus, it takes 8 weeks door to door as long as your container doesn't get chosen for inspection. Last year I exported around 60 vehicles in Aus, and only 1 was held up at customs.

K974

63 posts

132 months

Thursday 30th March 2017
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Superhans_ said:
Just to add to this, depending on location in UK & Aus, it takes 8 weeks door to door as long as your container doesn't get chosen for inspection. Last year I exported around 60 vehicles in Aus, and only 1 was held up at customs.
Were they all holdens? Looking at sending my landcruiser ute back to uk at moment who you recommend for shipping?