DB11/BIG MAC INDEX

[Amaus]

Hi all,

Im interested to know how much an Aston Martin costs in each country "on road".

In Australia our duties and taxes on luxury vehicles are insane, so I'm interested to know exactly how much a car costs using apples/apples much like how much a big mac costs in each country in one set currency.

Here is a matrix we can use -




On carsales.com.au theres a brand new 2016 DB11 launch edition for sale for $470,000 AUD

https://www.carsales.com.au/bnc/details/Aston-Mart...

Using the current fx cross rates, that equates to -

USD $351,000 or

GBP $272,000

Hows that look compared to other prices out there?

Matt.

[Shrimpvende]

I think the UK launch edition cars were RRP £179k inclusive of VAT (sales tax) plus an additional £2k for the first years road tax, so you could have had one on the road for GBP £181k - much cheaper than Oz!

[Amaus]

Shrimpvende said:

I think the UK launch edition cars were RRP £179k inclusive of VAT (sales tax) plus an additional £2k for the first years road tax, so you could have had one on the road for GBP £181k - much cheaper than Oz!

Ouch! Talk about getting gauged...If only your weather was as nice...Haha!

[Graze01]

How much is it as a percentage of average house price?
In Australia
http://www.huffingtonpost.com.au/2017/03/20/this-c...

Av house price Australia is $686k - so 68%
Av house price Sydney $865k - so 54%
Av house price Victoria $690 - so 68%
in the UK
https://www.theguardian.com/business/2017/jan/09/u...

Av house price UK 222.5GBP - 81%

not sure what that tells us

maybe our house prices are too high as well as our car prices

Graze

[M5MarkM]

Amaus said:

Ouch! Talk about getting gauged...If only your weather was as nice...Haha!

I know it sucks, we dont even have large forest fires, hundreds of killer spiders or dozens of killer snakes to check in our shoes and beds daily! Very boring!

[JohnG1]

Amaus said:

Hi all,

Im interested to know how much an Aston Martin costs in each country "on road".

In Australia our duties and taxes on luxury vehicles are insane, so I'm interested to know exactly how much a car costs using apples/apples much like how much a big mac costs in each country in one set currency.

Here is a matrix we can use -

Ah, but those BLP composite rates are institutional mid-market , throw on a nasty retail bid/ask spread, just for added realism...

Look at the dealer price ticket for any new car in NSW certainly and you can see the break down of the "off-the-boat" price, LCT, GST, delivery charge, registration and all the other tall-poppy tax items...

I would then compare the off-the-boat price per above with a similar exercise in the UK or any other place.

When I did this for a few different cars (from memory, X5M, AMG C63, RRS5.0S/C, M3) I found that the dealer margins are much higher in Australia than in the UK and the manufacturer price is much higher in Australia.

If I have some time, I will try and dig out my spreadsheet model for this and email it to you...

But bear this in mind - the average NSW dealer runs a massive stock of cars. Pop into BMW on New South Head road, they have around about 300 new and used cars in stock. You don't generally see that in a UK dealer - dealers run a capital light model in the UK. With the local monopoly model for each state capital the dealers are fat and lazy...

I remember one Australian BMW sales guy threw me the keys to a car and said "see you later", couldn't be bothered to go on a test drive with me...

[Amaus]

M5MarkM said:

Amaus said:

Ouch! Talk about getting gauged...If only your weather was as nice...Haha!

I know it sucks, we dont even have large forest fires, hundreds of killer spiders or dozens of killer snakes to check in our shoes and beds daily! Very boring!

Haha!! Or these -

[Amaus]

Graze01 said:

How much is it as a percentage of average house price?
In Australia
http://www.huffingtonpost.com.au/2017/03/20/this-c...

Av house price Australia is $686k - so 68%
Av house price Sydney $865k - so 54%
Av house price Victoria $690 - so 68%
in the UK
https://www.theguardian.com/business/2017/jan/09/u...

Av house price UK 222.5GBP - 81%

not sure what that tells us

maybe our house prices are too high as well as our car prices

Graze

That's for sure! How can we afford all that? Haha!

Matt.

[chatty1234]

Thailand price : THB 22,000,000 or GBP 490,000. They sold 1 so far:

https://www.youtube.com/watch?v=nN4T0JKwgrI