RE: SOTW: BMW Z3 2.8
Discussion
Tyre Smoke said:
The car would have to be sold from new to a business that was VAT registered for the buyer to reclaim the VAT. This usually only applies to vehicles being used SOLELY in connection with the purchasers business and NO SD+P use at all. Then that seller would have to charge VAT when they sold it, and the next purchaser would also need to fulfill this criteria, etc. Hardly likely on a four owner car. Something very dodgy about the +VAT thing.
I agree with your summation though.
My reading of the HMRC page on motor dealers & VAT & used cars suggested that if he paid _ANY_ VAT on the car, then he'd have to charge the full 20%, not just the margin (e.g. if he bought from a 2nd dealer who charged VAT using the margin scheme). Then again, like anything when HMRC is involved, there's a whole ratsnest of complexity and get-outs and get-back-ins and clawbacks and etc.I agree with your summation though.
Do auction houses add VAT to 2nd hand cars when they sell them? Or just VAT on their fees?
Jeez, VAT used to be so simple when C&E ran it. Hand it over to the Revenue and it turns into a standard Revenue pigs ear.
AdeV said:
Do auction houses add VAT to 2nd hand cars when they sell them? Or just VAT on their fees?
Normally on vans unless the VAT had already been paid (i.e. from a non registered seller).On cars it's not normally the case as a business can't claim it so the Revenue have already been paid.
I'm sure VAT bit is just a scam. People are so used to paying VAT and think it applies to everything. It would interesting to see what the dealer would say if the buyer insisted on a proper VAT receipt.
kambites said:
No thanks. No matter how good the engine is, the woeful chassis still dominates these things if you try to drive them hard, in my experience.
I had a new one on a T plate 2.8 on contract hire for 2 years ,well where do i start driving at a fast pace over b roads was like a scary rollercoaster it was awful . plastic back window well say no more .Good to look at , although not to drive on anything apart from a SMOOTH SURFACE
That is cheap, suspiciously cheap so would be very wary, that said if it is actually owned by the seller and is in reasonable order then it is a bargain, these are usually priced, as a minimum for 2 grand, most are three grand plus, chap at work paid over four for a nice 3.0.
There is that about the diff carrier tearing away from the boot floor so I would be checking that out, even so I dont think it is a three grand repair, more like a few hundred, for the averagely handy DIYer with a mig and some time it is repairable, I would assume this one has that issue, if so it ceases to be such a cheap car. There does seem to be a lot of scaremongering about this issue, but when you look at the photos it isnt the end of the world.
I fancy trying one of these and see how it compares to my 944 cab, people generally rate the 944 higher but am sure the BMW does some things better, bit more modern, nicer soundtrack and that bit more modern all round, suspect the scuttle shake may be similar.
There is that about the diff carrier tearing away from the boot floor so I would be checking that out, even so I dont think it is a three grand repair, more like a few hundred, for the averagely handy DIYer with a mig and some time it is repairable, I would assume this one has that issue, if so it ceases to be such a cheap car. There does seem to be a lot of scaremongering about this issue, but when you look at the photos it isnt the end of the world.
I fancy trying one of these and see how it compares to my 944 cab, people generally rate the 944 higher but am sure the BMW does some things better, bit more modern, nicer soundtrack and that bit more modern all round, suspect the scuttle shake may be similar.
MagicalTrevor said:
That was my immediate thought, too. ideal.schmalex said:
I had a T reg 2.8 Z3 many years ago. It was a fantastic car. They were a little primitive inside, only had a single skinned roof up until 2000 and their chassis was a little wobbly. But, aside from that, it was a wonderful, stunning car. The 2.8 suited it perfectly, with a lovely torquey power delivery. It certainly wasn't the most chuckable car in the world, but as a good 2 seater open top cruiser, it fitted the bill perfectly (and I think the body of the 2.8 had flared rear arches)
I agree with this; the Z3 is a lovely cruiser - old fashioned but fun. Looks are subjective, but I consider the Z3 attractive and unusual. Its style has a delicacy and originality that will never win it friends here.If it is on the level, then it is one of the best Sheds for a while. Plenty about it wories me though.
What's not to like about the bonnet forward styling??? Very pretty car in my opinion and its nose is one of its best bits!
The only things I don't like about the Z3 is the image it picked up from the underpowered engines and the dated interior styling.
E30 rear suspension = tail end nostalgia. My E36 wasn't half as much of a hoot to drive as my old E30 (which was even a lowly 1.6i)
Must admit I had no idea they were a bit weird to drive properly though.....
The only things I don't like about the Z3 is the image it picked up from the underpowered engines and the dated interior styling.
E30 rear suspension = tail end nostalgia. My E36 wasn't half as much of a hoot to drive as my old E30 (which was even a lowly 1.6i)
Must admit I had no idea they were a bit weird to drive properly though.....
Edited by Zircon on Friday 7th December 13:03
Boot lid and rear bumper are a very slightly different shade of silver.
Could just be it's metallic silver and they were sprayed at a different angle to the rear wings, or someone reversed it into a lampost, or it's had a rear end shunt. (at an angle hence it didn't take out the rear wings)
I'd definitely be doing a history check and a very careful examination of the boot floor & underneath.
Could just be it's metallic silver and they were sprayed at a different angle to the rear wings, or someone reversed it into a lampost, or it's had a rear end shunt. (at an angle hence it didn't take out the rear wings)
I'd definitely be doing a history check and a very careful examination of the boot floor & underneath.
Why are there loads of comments about the styling of a car, as a determination of whether the car is any good or not, its merely a subjective issue. for me they are a beautifully proportioned sportscar, and especially in 2.8 form with the wide rear. i had one of these, in the same colour combo a few years back, and admittedly it performed better with a few tweaks, such as front strut brace, polybushed suspension, slotted discs and pagid pads, but it was a great car, toured around France in it twice with the missus, did Le Mans in it, packing had to be creative, but it was great fun, wish i had held out as i have just bought a 1.9 for a bit of fun next year and paid more than that.
best shed i have seen for a long time
best shed i have seen for a long time
tty area of Manchester***having +vat on a used car is 90% of the time a scam - ok some cars are VAT qualifying but it's rare, much more common on used vans.
They are just trying to con people in to paying 20% more - unless it was owned previously by a series of businesses and given that it's had 4 owners thats kinda unlikely.
I don't think PH should have a scam as shed of the week.
They are just trying to con people in to paying 20% more - unless it was owned previously by a series of businesses and given that it's had 4 owners thats kinda unlikely.
I don't think PH should have a scam as shed of the week.
andy97 said:
MagicalTrevor said:
That was my immediate thought, too. ideal.£1200 + £3500 for the 'race package' required for the series and you've got an entertaining and capable race car for £5k
MagicalTrevor said:
That, to me at least, is almost the very essence of what motor racing is all about.Deserves support just for being there.
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