£100k Buying a car, ship it to Oz, sell it for Oz dollars?
May 2nd 2011, 4:59 am
#46
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Joined: Jan 2009
Posts: 1,157
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Bullshit they do care.
Like I said a prospective buyer of an Aston Martin DB9 wouldn't even consider a UK complianced version a legitimate Aston Martin DB9. The books of the car are what give luxury cars their value in Aus and let them hold their value.
People who buy luxury cars are usually quite wealthy and because of their pricetag comapred to the UK. they would rarely entertain the thought of buying a UK complanced version because it won't hold it's value.
As pointed out Insurance is another issue. expect it to be very costly or maybe even uninsurable because once again "the books" Luxury cars have a history and foriegn imports dont have a history.
It's got nothing to do with the car it's all about the books.
People here love cars and like I said do have more money than Brits and if they could turn a profit bringing in imports like that but it's not possible. The OP thinks he's clever but he's about 20 years behind the idea of bringing in cars for profit.
Like I said a prospective buyer of an Aston Martin DB9 wouldn't even consider a UK complianced version a legitimate Aston Martin DB9. The books of the car are what give luxury cars their value in Aus and let them hold their value.
People who buy luxury cars are usually quite wealthy and because of their pricetag comapred to the UK. they would rarely entertain the thought of buying a UK complanced version because it won't hold it's value.
As pointed out Insurance is another issue. expect it to be very costly or maybe even uninsurable because once again "the books" Luxury cars have a history and foriegn imports dont have a history.
It's got nothing to do with the car it's all about the books.
People here love cars and like I said do have more money than Brits and if they could turn a profit bringing in imports like that but it's not possible. The OP thinks he's clever but he's about 20 years behind the idea of bringing in cars for profit.
May 2nd 2011, 5:01 am
#47
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Joined: Jan 2009
Posts: 1,157
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
There is no money to be made just added risk.
There are reasons why people don't do it.
There are reasons why people don't do it.
May 2nd 2011, 5:10 am
#48
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Joined: Aug 2009
Posts: 576
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Bullshit they do care.
Like I said a prospective buyer of an Aston Martin DB9 wouldn't even consider a UK complianced version a legitimate Aston Martin DB9. The books of the car are what give luxury cars their value in Aus and let them hold their value.
People who buy luxury cars are usually quite wealthy and because of their pricetag comapred to the UK. they would rarely entertain the thought of buying a UK complanced version because it won't hold it's value.
As pointed out Insurance is another issue. expect it to be very costly or maybe even uninsurable because once again "the books" Luxury cars have a history and foriegn imports dont have a history.
It's got nothing to do with the car it's all about the books.
People here love cars and like I said do have more money than Brits and if they could turn a profit bringing in imports like that but it's not possible. The OP thinks he's clever but he's about 20 years behind the idea of bringing in cars for profit.
Like I said a prospective buyer of an Aston Martin DB9 wouldn't even consider a UK complianced version a legitimate Aston Martin DB9. The books of the car are what give luxury cars their value in Aus and let them hold their value.
People who buy luxury cars are usually quite wealthy and because of their pricetag comapred to the UK. they would rarely entertain the thought of buying a UK complanced version because it won't hold it's value.
As pointed out Insurance is another issue. expect it to be very costly or maybe even uninsurable because once again "the books" Luxury cars have a history and foriegn imports dont have a history.
It's got nothing to do with the car it's all about the books.
People here love cars and like I said do have more money than Brits and if they could turn a profit bringing in imports like that but it's not possible. The OP thinks he's clever but he's about 20 years behind the idea of bringing in cars for profit.
Also why do you keep saying Australians are more wealthy than Brits when clearly they are not?
Last edited by Fluid36; May 2nd 2011 at 5:15 am.
May 2nd 2011, 5:19 am
#49
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Posts: 1,157
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Actually I have a very clear Idea. I remember toying with the idea of buying a porsche import almost ten years ago. Insurance was going to cost e $18000 so essentially about 30-40k today and that's for one year. Although I suspect that since then it would be much cheaper as insurance in general has become deregulated and more competitive.
People with an imported luxury car will be and laughed at by legit owners.
Anyone who thinks they can make money this way is deluded.
There are elements to selling foreign cars you obviously don't quite understand.
People with an imported luxury car will be and laughed at by legit owners.
Anyone who thinks they can make money this way is deluded.
There are elements to selling foreign cars you obviously don't quite understand.
May 2nd 2011, 5:23 am
#50
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Joined: Jan 2009
Posts: 1,157
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
It's obvious and I'll openly admit I could no way in any shape or form purchase a import and bring it over to make a profit if it's possible.
Perhaps you can if you looked into it. Why haven't you done it and why isn't everyone doing it? because it's a serious risk and the chances of being stuck with a car that's not worth much are high.
Perhaps you can if you looked into it. Why haven't you done it and why isn't everyone doing it? because it's a serious risk and the chances of being stuck with a car that's not worth much are high.
May 2nd 2011, 5:25 am
#51
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Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
If you want to make money - import cocaine.
May 2nd 2011, 5:48 am
#52
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Joined: Aug 2005
Posts: 2,322
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Because no one will purchase a Euro Import with Euro books.
The OP is a clown if he is serious with his plan. Australians have far more money than Brits and if they knew they could make money of importing cars I'm sure they would be doing it.
You can search Euro complianced versions of cars on Carsales. If the OP looks here he'll get a real value of what his potential car is worth in Australia. Anyone who proposes an imported version of a British luxury car to a dealer will be laughed at.
The OP is a clown if he is serious with his plan. Australians have far more money than Brits and if they knew they could make money of importing cars I'm sure they would be doing it.
You can search Euro complianced versions of cars on Carsales. If the OP looks here he'll get a real value of what his potential car is worth in Australia. Anyone who proposes an imported version of a British luxury car to a dealer will be laughed at.
As stated further on in the thread, most people don't do this as it takes a lot of planning over 12 months before you make the move to aus when you are busy with plenty of other stuff usually - that is the only way you can personally import vehicles.
As for a UK import being worth less than 50% of an identical aus model
you're kidding right??Best money to be made in this scenario is prob on a very low km year or so old UK car that has lost around 30% of it's original value...
A BMW stamped with BMW history or an Aston, Ferrari etc all stamped with dealership history would still be a very desirable car to a lot of people as these records can easily be checked/verified these days, what with the invention of the interwebthing and all that
OP - expect around 15% less than an Aus model when selling and you'll be about right i reckon, would obviously depend on the car though and make sure the spec is the same as aus spec as i know BMW are more $$$ here but have less optional extras - more is included as standard.
If the car you bring is different spec levels it will cause you more of the issues that the weebster talks of...
Stu
May 2nd 2011, 6:10 am
#53
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Joined: Aug 2009
Posts: 576
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Actually I have a very clear Idea. I remember toying with the idea of buying a porsche import almost ten years ago. Insurance was going to cost e $18000 so essentially about 30-40k today and that's for one year. Although I suspect that since then it would be much cheaper as insurance in general has become deregulated and more competitive.
People with an imported luxury car will be and laughed at by legit owners.
Anyone who thinks they can make money this way is deluded.
There are elements to selling foreign cars you obviously don't quite understand.
People with an imported luxury car will be and laughed at by legit owners.
Anyone who thinks they can make money this way is deluded.
There are elements to selling foreign cars you obviously don't quite understand.
Like I stated my friend made a lot of unintentional money on an old M3 and is now looking at buying a Gallardo at around 50k GBP. You tell me how much they sell for here and even if all of your ridiculous ideas were true he would still be able to sell it for more than 76k AUD plus import costs and I don't think he would care who was laughing at him or the buyer because he would be laughing all the way to the bank.
I do understand the process very well thanks, you say people will be laughing at the guy with the imported car, even if it this was true, how would they know it was imported?
Do you think cars in Europe don't have books?, if anything the history process in the UK is far superior to Australia, this is the 21st century where people actually communicate between different countries and this sort of thing can be easily verified no problem at all.
You have some ridiculous ideas weebie.
Last edited by Fluid36; May 2nd 2011 at 6:13 am.
May 2nd 2011, 7:00 am
#54
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Joined: Feb 2005
Location: The Gold Coast, QLD
Posts: 443
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Not an expert and in live in backward QLD but any Australian I have spoken to regards Euro Cars with great suspicion.
Yes the wealthy will enjoy their Australian compliance Luxury Euro car that cost twice what it would in Europe.
They are wealthy for a reason and entitled to their little extravagances and probably know exactly what they are doing.
The average Aussie does not want to touch a second hand Euro Car as it is likely to be perceived as unreliable and very expensive to repair.
Ford can not even provide black touch up paint for a friends Euro built Mondeo.
Fluid 36 is no doubt right that something specialist like an M3, Z3,4 or Lotus would find a ready market at a profit if you are clever.
Japanese grey imports are pretty big amongst the younger generation so I don't think that the fact something is an import is that big an issue once the thing is legal over here.
Yes the wealthy will enjoy their Australian compliance Luxury Euro car that cost twice what it would in Europe.
They are wealthy for a reason and entitled to their little extravagances and probably know exactly what they are doing.
The average Aussie does not want to touch a second hand Euro Car as it is likely to be perceived as unreliable and very expensive to repair.
Ford can not even provide black touch up paint for a friends Euro built Mondeo.
Fluid 36 is no doubt right that something specialist like an M3, Z3,4 or Lotus would find a ready market at a profit if you are clever.
Japanese grey imports are pretty big amongst the younger generation so I don't think that the fact something is an import is that big an issue once the thing is legal over here.
Last edited by neil248; May 2nd 2011 at 7:09 am.
May 2nd 2011, 8:56 am
#55
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Joined: Jan 2009
Posts: 1,157
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Ill reply to you again even though other posters already have, the reason why I am is because you obviously fail to read what is posted. YOU HAVE TO OWN THE CAR IN THE UK FOR 12 MONTHS before you can import it, that is why it hasn't been done a lot, and you yourself can't do it.
Like I stated my friend made a lot of unintentional money on an old M3 and is now looking at buying a Gallardo at around 50k GBP. You tell me how much they sell for here and even if all of your ridiculous ideas were true he would still be able to sell it for more than 76k AUD plus import costs and I don't think he would care who was laughing at him or the buyer because he would be laughing all the way to the bank.
I do understand the process very well thanks, you say people will be laughing at the guy with the imported car, even if it this was true, how would they know it was imported?
Do you think cars in Europe don't have books?, if anything the history process in the UK is far superior to Australia, this is the 21st century where people actually communicate between different countries and this sort of thing can be easily verified no problem at all.You have some ridiculous ideas weebie.
Like I stated my friend made a lot of unintentional money on an old M3 and is now looking at buying a Gallardo at around 50k GBP. You tell me how much they sell for here and even if all of your ridiculous ideas were true he would still be able to sell it for more than 76k AUD plus import costs and I don't think he would care who was laughing at him or the buyer because he would be laughing all the way to the bank.
I do understand the process very well thanks, you say people will be laughing at the guy with the imported car, even if it this was true, how would they know it was imported?
Do you think cars in Europe don't have books?, if anything the history process in the UK is far superior to Australia, this is the 21st century where people actually communicate between different countries and this sort of thing can be easily verified no problem at all.You have some ridiculous ideas weebie.
May 2nd 2011, 8:58 am
#56
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Posts: 2,322
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
this is too funnyread up...
May 2nd 2011, 9:05 am
#57
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Joined: Apr 2011
Posts: 280
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Weebie,
I appreciate your comments, we are all entitled to an opinion, but when the process is completed, i will report back and disclose full profits in Aus Dollars.
From experience, i know it has been done before, i know there is serious money to be made, i know there bears risk, but in life you take risks when you get up, he who dares Rodney, you know it makes sense Trig......................
I appreciate your comments, we are all entitled to an opinion, but when the process is completed, i will report back and disclose full profits in Aus Dollars.
From experience, i know it has been done before, i know there is serious money to be made, i know there bears risk, but in life you take risks when you get up, he who dares Rodney, you know it makes sense Trig......................
May 2nd 2011, 9:53 am
#58
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Joined: Feb 2008
Location: Perth from Paisley
Posts: 327
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
My understanding is that the car market in Oz is struggling for sales at the moment, so maybe some research into the market place may help.
The theory in principle is sound although at the end of the day it's supply and demand that will ultimately set your selling price and determine what profit if any you make.
The theory in principle is sound although at the end of the day it's supply and demand that will ultimately set your selling price and determine what profit if any you make.
May 2nd 2011, 10:33 am
#59
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Joined: Mar 2009
Posts: 471
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
i think youre better off importing c63/m3 type vehicles as funding can be easily obtained. the high end vehicles folks will most certainly need finance for and the banks wont lend against grey imports.
as weebie said, if it were so easy and clear cut then every chump would be doing it and making a killing.
if you select the right vehicles and can get it here on a boat cheap enough... you can probably make it work....
as weebie said, if it were so easy and clear cut then every chump would be doing it and making a killing.
if you select the right vehicles and can get it here on a boat cheap enough... you can probably make it work....
May 2nd 2011, 10:45 am
#60
Not allowed opinions.
Joined: Dec 2009
Location: Sydney
Posts: 4,565
Re: £100k Buying a car, ship it to Oz, sell it for Oz dollars?
Weebie,
I appreciate your comments, we are all entitled to an opinion, but when the process is completed, i will report back and disclose full profits in Aus Dollars.
From experience, i know it has been done before, i know there is serious money to be made, i know there bears risk, but in life you take risks when you get up, he who dares Rodney, you know it makes sense Trig......................
I appreciate your comments, we are all entitled to an opinion, but when the process is completed, i will report back and disclose full profits in Aus Dollars.
From experience, i know it has been done before, i know there is serious money to be made, i know there bears risk, but in life you take risks when you get up, he who dares Rodney, you know it makes sense Trig......................