Less and less Aston Martins for sale

Less and less Aston Martins for sale

Author
Discussion

WhereamI

6,887 posts

219 months

Sunday 3rd March 2013
quotequote all
If the car was built post 1989 it very hard to get it into Australia. As a personal import you need to own it and use it outside Australia for 12 months before applying to import it, so for anyone actually living there as opposed to ex-pats returning or people immigrating it isn't really an option.

jamesc12

280 posts

205 months

Sunday 3rd March 2013
quotequote all
WhereamI said:
If the car was built post 1989 it very hard to get it into Australia. As a personal import you need to own it and use it outside Australia for 12 months before applying to import it, so for anyone actually living there as opposed to ex-pats returning or people immigrating it isn't really an option.
A friend of mine was a BMW dealer salesman in the Canary Wharf dealership and told me that he had 1 Australian client (amongst others doing similar things) on his books who worked in the area that bought 4 top spec BMWs (most of the time different models, from 1Ms to 750Lis) each and every year, 1 per family member (him, wife, 2 teenage children) then after a year, shipped them over to Australia to double their value and sell them. Not a bad little scheme. He said one year he didn't have time to pick the model or spec so told the dealer to identify the best models/spec to sell in Australia and order them.

I believe Australia did something recently to curb this either by increasing the time of pre-import ownership to 2 years or some other way of discouraging this type of importing.

Edited by jamesc12 on Sunday 3rd March 13:40

MaverickV12

Original Poster:

1,084 posts

140 months

Sunday 3rd March 2013
quotequote all
I can understand people wanting to make money on the Imports and thus choose certain cars, I'm thinking are Astons done for the money making reasons, or for the, "want of having them", in Aussie. Are Astons so rare that Aussies want them to keep?

..... are the Aussies really taking that many of our cars? Having said that with not having many RHD countries, the UK is the only real source.

Neil1300R

5,487 posts

180 months

Sunday 3rd March 2013
quotequote all
WhereamI said:
If the car was built post 1989 it very hard to get it into Australia. As a personal import you need to own it and use it outside Australia for 12 months before applying to import it, so for anyone actually living there as opposed to ex-pats returning or people immigrating it isn't really an option.
The Vanquish is exempt, because of its rarity

MaverickV12

Original Poster:

1,084 posts

140 months

Sunday 3rd March 2013
quotequote all
Are we sure these cars are going to Aussie ?

http://www.pistonheads.com/gassing/topic.asp?t=526...

The above link is 5 years old and was costing Aus$16,000.00 back then not to mention the aggro that goes with it. Are AM's, "that", expensive in Aussie?

jamesc12

280 posts

205 months

Sunday 3rd March 2013
quotequote all
On the most popular "AutoTrader" website in Australia there are currently 19 DB9s for sale,

The cheapest DB9 MY2004 with 40k miles on the clock is £90,000. Plus stamp duty.

A MY2008 DB9, by comparison, is £150,000.

A new DB9 is £310,000.

So yeh, they are pretty damn pricey.

Edited by jamesc12 on Sunday 3rd March 16:42

MaverickV12

Original Poster:

1,084 posts

140 months

Sunday 3rd March 2013
quotequote all
£90k for a first off the production line DB9 ? Are you serious ?

Do you mean Dollars or Australian Dollars?

Surely not £90,000.00 (English Pounds), can you confirm?

WhereamI

6,887 posts

219 months

Sunday 3rd March 2013
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MaverickV12 said:
£90k for a first off the production line DB9 ? Are you serious ?

Do you mean Dollars or Australian Dollars?

Surely not £90,000.00 (English Pounds), can you confirm?
DB9s start at about AUD150,000. Aussie $ and US $ are roughly at parity with each other so divide by about 1.5 to get to sterling.

All cars are expensive in Australia but decent cars are particularly so partly due to luxury car tax.

Don't think that you can just buy a car here and ship it there though, aside from the restrictions on doing that there are a lot of costs and taxes involved. The GST (VAT equivalent), stamp duty and LCT involved alone will be five figure sums on an Aston. Having said that though, if you can ship one there you will make good money on it.

IanV12VR

2,749 posts

157 months

Sunday 3rd March 2013
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kingstanding said:
According to my dealer the reduction in the number of cars is due to people hanging on to them as they've become increasingly more desirable generally and because a lot of cars are being bought by Australians. Economy, exchange rate & RHD being the main factors.
I understood this only affected 'older' cars and the Vanquish had fallen into the category of classic car which saw a different tax treatment when imported. I thought that the Aussies were punitive on nearly new cars that were imported - doesn't a V8V cost something like £180k in Australia?

Jon39

12,935 posts

145 months

Sunday 3rd March 2013
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Refering to the Aston Martin Pre-owned site for Australia, shows just 3 cars for sale.

There is a June 2010 V8V, Sportshift, Mercury Silver. A snip at only Aus$299,900.

(Aus$1.474 to £1) so that equals ~ £203,460 ~ yikes

Anyone fancy emigrating?
Perhaps the British weather is not so bad after all. smile

MaverickV12

Original Poster:

1,084 posts

140 months

Monday 4th March 2013
quotequote all
Jon39 said:
There is a June 2010 V8V, Sportshift, Mercury Silver. A snip at only Aus$299,900.
(Aus$1.474 to £1) so that equals ~ £203,460 ~ yikes
Which one of us is going to phone up Aussie for them to send us the Import forms to be sent to us ...... ?

Anyone know if the same draconian import restrictions apply to parts as well, or just the whole car? smile

WhereamI

6,887 posts

219 months

Monday 4th March 2013
quotequote all
To take a car to Australia that is not pre-89 or otherwise qualifies as a classic you need a number of things.

Firstly you need to own and use the car outside Australia for at least 12 months. They require copies of all the pages of your passport and a detailed account of where you've been.

Then you need to be a permanent resident, so you have to be an Australian citizen or have an appropriate visa to show that you have the right to be in Australia permanently. (457 visas are eligible though)

The car has to be modified to Australian standards (usually that means child seat fixings, their's have a top fastening as well as the ISOFIX at the bottom).

Then you have to ship it there (circa £2k) and then pay a lot of tax and duties.

You can only do it once every five years. (Used to be a limit of one a year).

You do then have the problem that once you've got it there you need to sell it and as a personal import it won't be worth as much as a manufacturer import.


Bravo73

1,858 posts

176 months

Monday 4th March 2013
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MaverickV12 said:
Anyone know if the same draconian import restrictions apply to parts as well, or just the whole car? smile
I seem to recall that it just applies to whole cars, not parts.

So, yes, there are stories circulating of containers full of car and bike parts which get reassembled at the other end.

Jon39

12,935 posts

145 months

Monday 4th March 2013
quotequote all

£200,000 for a Model Year 2009 V8V in Australia, with 104 miles on the clock, does seem ridiculous to British readers.

However, I wonder whether whatever the average Australian income is, would make this figure seem more sensible to citizens there. Could it be that high taxes are imposed for protectionism reasons, to help Holden etc?

Can anyone explain the background, as to why prices of Aston Martins in Australian seem so high?

yeti

10,523 posts

277 months

Monday 4th March 2013
quotequote all
Jon39 said:
Could it be that high taxes are imposed for protectionism reasons, to help Holden etc?

Can anyone explain the background, as to why prices of Aston Martins in Australian seem so high?
Exactly that.

The Vanquish (of a certain age) gets an exemption as it's considered to have absolutely no conceveiable rival in Aus so isn't taking the sales from domestic built cars.

AMDBSNick

7,006 posts

164 months

Monday 4th March 2013
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yeti said:
The Vanquish (of a certain age) gets an exemption as it's considered to have absolutely no conceveiable rival in Aus so isn't taking the sales from domestic built cars.
And it will eventually just break down biggrin

Jon39

12,935 posts

145 months

Monday 4th March 2013
quotequote all

yeti said:
Exactly that.
Wasn't that what USSR tried, in their attempt to make Zil and Lada, world beating cars in the global market place?


Slarti

1,828 posts

156 months

Monday 4th March 2013
quotequote all
You can add one more DB9 Volante for sale once I've got off my posterior to take the pictures and advertise it.

yeti

10,523 posts

277 months

Monday 4th March 2013
quotequote all
Slarti said:
You can add one more DB9 Volante for sale once I've got off my posterior to take the pictures and advertise it.
Had enough? What's next?

cardigankid

8,849 posts

214 months

Monday 4th March 2013
quotequote all
Look at annual production. Look how many are going to China. The days when you could pick up UK spec low mileage Astons cheap are evaporating fast. I wish I had £109,995.

Edited by cardigankid on Monday 4th March 21:03