Toyota GT86 - rip off in the UK?

[TomV8]

In the UK the GT86 is around £25k basic.

The local Toyota franchise here in Saudi Arabia has just launched the Toyota '86' and the starting price is less than £17k!

http://www.toyota.com.sa/en/modelsprices.asp?model...

Even using a worst case exchange rate (SAR 5.6:1.0 GBP) the price for a basic one is still less than £18,000!

I know there are variations around the world but that's 32% cheaper!

[Krikkit]

What are the sales/import taxes like? Adding VAT to that price already ups it back to realistic levels.

[em177]

TomV8 said:

In the UK the GT86 is around £25k basic.

The local Toyota franchise here in Saudi Arabia has just launched the Toyota '86' and the starting price is less than £17k!

http://www.toyota.com.sa/en/modelsprices.asp?model...

Even using a worst case exchange rate (SAR 5.6:1.0 GBP) the price for a basic one is still less than £18,000!

I know there are variations around the world but that's 32% cheaper!

Will meet you at the docks with £18k cash :P

[Pandaboy]

Try 40000 euro here in Ireland!!

[Hoygo]

The Scion version is 16k in Canada btw.

[Dave Hedgehog]

its about £17k incl sales tax in the US as well

[Captain Muppet]

I expect there to be a booming grey market for all these cheap imported GT86s. Hoorah!

Unless it's because of taxes and stuff in which case it's not really a rip off and there won't be loads of cheap imports.

Edit to add: Also it's too slow, and cost the same as a secondhand M3. There, now all the millions of GT86 threads have the same content.

[Big Fat Fatty]

Isn't the American Scion FR-S around the same price (£16/17k IIRC) as well but comes with some or none of the equipment the UK spec car does?

ETA: Beaten to it.

[TomV8]

Krikkit said:

What are the sales/import taxes like? Adding VAT to that price already ups it back to realistic levels.

Yes but there are import taxes in KSA too, granted no VAT but the dealers hike the prices to compensate (hence the Landcruiser is still a £50k car).

[TomV8]

Wasn't aware that the North American pricing was also very competitive. It's a shame none of these places are both nearby and RHD.

[mannyg]

Comparing prices of an individual car in different coutires is pointless. Differnet markets, differend taxes, LHD/RHD - any comparison will be a waste of time.

If you want to show that the GT86 is overpriced than the easieest way is to compare the price to a similair car in different markets.

E.g.
In Australia - GT86 = 20k vs Mazda 3 MPS = 27k
In the UK - GT86 = 25k vs Mazda 3 MPS = 24k

So yeah, either in Australia the GT86 is ridiculously under-priced or in the UK it is overpriced. Compare with other vehicles in other markets and you get the idea...

[mannyg]

mannyg said:

Comparing prices of an individual car in different coutires is pointless. Differnet markets, differend taxes, LHD/RHD - any comparison will be a waste of time.

If you want to show that the GT86 is overpriced than the easieest way is to compare the price to a similair car in different markets.

E.g.
In Australia - GT86 = 20k vs Mazda 3 MPS = 27k
In the UK - GT86 = 25k vs Mazda 3 MPS = 24k

So yeah, either in Australia the GT86 is ridiculously under-priced or in the UK it is overpriced. Compare with other vehicles in other markets and you get the idea...

Additional - that is for the base spec model, but even the top-of-the-line version GT86 is only 23k. All prices in GBP.

[mat205125]

mannyg said:

Comparing prices of an individual car in different coutires is pointless. Differnet markets, differend taxes, LHD/RHD - any comparison will be a waste of time.

If you want to show that the GT86 is overpriced than the easieest way is to compare the price to a similair car in different markets.

E.g.
In Australia - GT86 = 20k vs Mazda 3 MPS = 27k
In the UK - GT86 = 25k vs Mazda 3 MPS = 24k

So yeah, either in Australia the GT86 is ridiculously under-priced or in the UK it is overpriced. Compare with other vehicles in other markets and you get the idea...

It's the like for like above that illustrates the differential the most.

[Captain Muppet]

mat205125 said:

mannyg said:

Comparing prices of an individual car in different coutires is pointless. Differnet markets, differend taxes, LHD/RHD - any comparison will be a waste of time.

If you want to show that the GT86 is overpriced than the easieest way is to compare the price to a similair car in different markets.

E.g.
In Australia - GT86 = 20k vs Mazda 3 MPS = 27k
In the UK - GT86 = 25k vs Mazda 3 MPS = 24k

So yeah, either in Australia the GT86 is ridiculously under-priced or in the UK it is overpriced. Compare with other vehicles in other markets and you get the idea...

It's the like for like above that illustrates the differential the most.

The Australians are getting seriously ripped off buying that FWD hatchback.

[Munter]

Well this is just depressing. I'd love one. At £16k I'd probably work out how to get a good finance deal on one. But at £25k it's out of reach.

I figure I'll have to wait 3-5 years, and see what they are going for when they fall out of the current finance deals.

[mannyg]

Captain Muppet said:

mat205125 said:

mannyg said:

Comparing prices of an individual car in different coutires is pointless. Differnet markets, differend taxes, LHD/RHD - any comparison will be a waste of time.

If you want to show that the GT86 is overpriced than the easieest way is to compare the price to a similair car in different markets.

E.g.
In Australia - GT86 = 20k vs Mazda 3 MPS = 27k
In the UK - GT86 = 25k vs Mazda 3 MPS = 24k

So yeah, either in Australia the GT86 is ridiculously under-priced or in the UK it is overpriced. Compare with other vehicles in other markets and you get the idea...

It's the like for like above that illustrates the differential the most.

The Australians are getting seriously ripped off buying that FWD hatchback.

You think that's bad? the Mazda MX-5 costs approx 32K! The GT86 is a relative Bargain!

[TomV8]

Munter said:

Well this is just depressing. I'd love one. At £16k I'd probably work out how to get a good finance deal on one. But at £25k it's out of reach.

I figure I'll have to wait 3-5 years, and see what they are going for when they fall out of the current finance deals.

I know what you mean. Even at that price a GT86 out here would be wasted. The roads are all straight and wide, trackday opportunities are few and far between and you would need xray vision to see through all the SUVs in the way.

(Also I'd always be slightly annoyed at the decent mpg when petrol is only 10p a litre for the good stuff!)

[Ved]

And how many people will pay full price for one? If you can't get one with at least £2k off, you're not trying and deserve to pay more.

[DaveH23]

Im sure its been highlighted before that the UK is probably the most motoring friendly countys in the world when you look at overall costs.

[cptsideways]

At 18k I'd place an order today please Mr Toyota