Move earlier than planned - car question
#16
Re: Move earlier than planned - car question
With the UK pound so low (worth 30-40% less), coupled with that fact that used cars lose value quickly in the UK and then the cost (almost up to double) of replacing it in Oz makes it very worthwhile to take it over.
I've done calculations. Import duty is even less now in Oz since the beginning of 2010.
#17
Re: Move earlier than planned - car question
Still worth it?
#19
Re: Move earlier than planned - car question
If you're going on value here to over there then the difference is huge, but have you factored in the cost of shipping and all other associated costs of importing the car? My estimate is just that, an estimate...... but if you're going on the value comparison alone then you're making a mistake I'm afraid.
Unless you own something like a BMW then only then does it make sense financially. For example a 2001 BMW 540i Sport can be bought here for £5000, they're selling in Oz for the equivilent year for $30000.
For the sake of possibly a $1000 - 1500 saving and the hassle of everything involved is such a saving worth it?
Edit: the values I've quoted are just to illustrate that you need to do far more investigation into ALL the costs of shipping a car, not just go on like for like values.
Unless you own something like a BMW then only then does it make sense financially. For example a 2001 BMW 540i Sport can be bought here for £5000, they're selling in Oz for the equivilent year for $30000.
For the sake of possibly a $1000 - 1500 saving and the hassle of everything involved is such a saving worth it?
Edit: the values I've quoted are just to illustrate that you need to do far more investigation into ALL the costs of shipping a car, not just go on like for like values.
Last edited by dave7370; Mar 14th 2010 at 10:48 am.
#20
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,809
Re: Move earlier than planned - car question
Do a search for posts by a guy going by the name of BigApe - he has done a lot of research on the subject, and there's not much he doesn't know......
#21
Re: Move earlier than planned - car question
If you're going on value here to over there then the difference is huge, but have you factored in the cost of shipping and all other associated costs of importing the car? My estimate is just that, an estimate...... but if you're going on the value comparison alone then you're making a mistake I'm afraid.
Unless you own something like a BMW then only then does it make sense financially. For example a 2001 BMW 540i Sport can be bought here for £5000, they're selling in Oz for the equivilent year for $30000.
For the sake of possibly a $1000 - 1500 saving and the hassle of everything involved is such a saving worth it?
Edit: the values I've quoted are just to illustrate that you need to do far more investigation into ALL the costs of shipping a car, not just go on like for like values.
Unless you own something like a BMW then only then does it make sense financially. For example a 2001 BMW 540i Sport can be bought here for £5000, they're selling in Oz for the equivilent year for $30000.
For the sake of possibly a $1000 - 1500 saving and the hassle of everything involved is such a saving worth it?
Edit: the values I've quoted are just to illustrate that you need to do far more investigation into ALL the costs of shipping a car, not just go on like for like values.
#23
Forum Regular
Joined: Jan 2009
Location: London > Brisbane
Posts: 75
Re: Move earlier than planned - car question
With regards importing a car. I brought in my '03 Alfa 156 Sportwagon (1.9JTD) last year. Total costs A$ 6503.33
Given vehicle and ability your $mileage$ may vary.
Biggest hassle is insurance (majors won't touch you).. It's not imposible though and it wasn't more expensive in my case.
Last edited by craig_m67; Mar 14th 2010 at 11:57 am. Reason: edited for link to costs/discussion
#24
Re: Move earlier than planned - car question
The only cost would be the £3500 (if that) to ship to Oz = $5810 not $13800.
If he sold in the UK and got £4500 = $7500. It would still cost another $7500 to buy the $15000 car.
But if he shipped, it would only cost £3500 (I believe way less) = $5800 saving $1700 approx.
#25
Re: Move earlier than planned - car question
Why do you add the £3500 shipping cost onto the selling price in the UK is he's not selling?
The only cost would be the £3500 (if that) to ship to Oz = $5810 not $13800.
If he sold in the UK and got £4500 = $7500. It would still cost another $7500 to buy the $15000 car.
But if he shipped, it would only cost £3500 (I believe way less) = $5800 saving $1700 approx.
The only cost would be the £3500 (if that) to ship to Oz = $5810 not $13800.
If he sold in the UK and got £4500 = $7500. It would still cost another $7500 to buy the $15000 car.
But if he shipped, it would only cost £3500 (I believe way less) = $5800 saving $1700 approx.
Last time I bought a car money was used to buy it...... unless cars are now free and I've missed out.
Edit: I'm not starting an argument but to base the savings to be made on valuations alone is foolish, unless indeed the car was free to begin with.
Last edited by dave7370; Mar 14th 2010 at 12:56 pm.
#26
Re: Move earlier than planned - car question
I added it on as the real total cost needs to include what was paid for the car in the first place, and as I have no idea what the purchase price was of the posters Smart then I used the selling valuation as a guide.
Last time I bought a car money was used to buy it...... unless cars are now free and I've missed out.
Edit: I'm not starting an argument but to base the savings to be made on valuations alone is foolish, unless indeed the car was free to begin with.
Last time I bought a car money was used to buy it...... unless cars are now free and I've missed out.
Edit: I'm not starting an argument but to base the savings to be made on valuations alone is foolish, unless indeed the car was free to begin with.
Why?
Sorry I also don't want to argue either, but the original cost of the car or current value is completely irrelevant to the cost of shipping (except for duty based on it's value).
If you own the car outright (it's yours, you owe nothing on it, nada) why then sell it for less than half price of the equivalent car in Oz and then go an buy the same thing for twice the money in Oz?
Maybe I'm not explaining myself very well.
I think this is why people say it's not worth shipping cars to Oz because the maths is wrong.
e.g. If I own a Rolls Royce originally bought for £100 000 and it's mine and I own nothing on it now and it is now worth only £50 000 after 10 years of ownership. I just got my visa and now I want to ship it to Oz, I don't add the shipping cost of say £5000 onto £50 000 i.e. £55 000 and say that's what it costs me to ship it to Oz.
The only shipping cost is £5000 nothing more, nothing less, irrespective of the value of the car.
I have added a small spreadsheet to try and explain.
Last edited by Alfresco; Mar 14th 2010 at 3:22 pm.
#28
Just Joined
Joined: Nov 2009
Location: Homeless but finally in Qld!
Posts: 24
Re: Move earlier than planned - car question
Could someone please clarify this for me? Could I purchase a car in the UK, say a month before emigrating to Oz, then once the car has been registered to me for 12 months, ship it over?
Many thanks.
Many thanks.
#29
Forum Regular
Joined: Mar 2008
Location: Greenwood Perth WA
Posts: 118
Re: Move earlier than planned - car question
no you cant simply as
#30
Forum Regular
Joined: May 2008
Location: Sydney
Posts: 125
Re: Move earlier than planned - car question
The other consideration is whether your car manufacturer will honour the full warranty.
We discovered to our cost that VW did not honour the third year warranty stating it is only a 2 year warranty in the UK for an "import", despite of course all VW's in the UK are imports!
We discovered to our cost that VW did not honour the third year warranty stating it is only a 2 year warranty in the UK for an "import", despite of course all VW's in the UK are imports!