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Offline Joel


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According to google $135k in 85 was the same as $303k in today's market.



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
According to google $135k in 85 was the same as $303k in today's market.

Wouldn't be for real estate any house at $135k in 1985 would be worth over $1M today.

Here's an example -

Kew
Year   Median
1975   41,075
1980   60,500
1985   127,700
1990   275,500
1995   320,000
2000   470,000
2005   761,000
2010   1,650,000
2015   1,810,000

http://www.domain.com.au/news/victorian-house-prices-how-much-has-yours-grown-20151211-gll03g/



Offline Joel


  • Joined: Oct 2009

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Wouldn't be for real estate any house at $135k in 1985 would be worth over $1M today.

Here's an example -

Kew
Year   Median
1975   41,075
1980   60,500
1985   127,700
1990   275,500
1995   320,000
2000   470,000
2005   761,000
2010   1,650,000
2015   1,810,000

http://www.domain.com.au/news/victorian-house-prices-how-much-has-yours-grown-20151211-gll03g/

Purely based on cash and inflation rate of 2.73%



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
Purely based on cash and inflation rate of 2.73%

http://www.rba.gov.au/calculator/annualDecimal.html

Yes, don't know how it compares with reality, cars are different once again.



Offline Aircon

  • Master Baiter 300kph+ club
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  • Joined: Mar 2007

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  • Location: Melbourne, Australia
  • Name: Peter

Like I said, it was a LOT of money back in 1985 as evidenced by what else you could buy for the same money.
In 1987 I paid $45k for my 308GTB which was all the money and then some at the time.

wasn't a new testarossa around $400k back then? That makes the Countach seem cheap to me.

I love my car. Buy your own



Offline 360c

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wasn't a new testarossa around $400k back then? That makes the Countach seem cheap to me.

Not sure what they were in 1985; but in 1989 they were $300k OTR in Oz after private importation.



Offline Aircon

  • Master Baiter 300kph+ club
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  • Name: Peter
Not sure what they were in 1985; but in 1989 they were $300k OTR in Oz after private importation.

Not if you didn't do tourist delivery, they weren't. I think what your dad and petho did saved $100k.

I love my car. Buy your own



Offline 360c

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Not if you didn't do tourist delivery, they weren't. I think what your dad and petho did saved $100k.

No on two counts.
I ended up doing the importation on my Father's car as he passed away before it cleared customs. The saving was minimal; but the advantage was that you didn't need to fully comply the car with Australian Design Rules. They essentially accepted an English Spec car without any modifications.
Secondly, you could ONLY import a Testarossa via the Tourist delivery scheme. They were never sold as fully ADR compliant cars via the official dealer network here.

The first of that model series that was available from the dealers locally was the 512TR in late 1992.



Offline Aircon

  • Master Baiter 300kph+ club
  • Who said it couldn't be done?

  • Joined: Mar 2007

  • Drives: TBA
  • Location: Melbourne, Australia
  • Name: Peter
No on two counts.
I ended up doing the importation on my Father's car as he passed away before it cleared customs. The saving was minimal; but the advantage was that you didn't need to fully comply the car with Australian Design Rules. They essentially accepted an English Spec car without any modifications.
Secondly, you could ONLY import a Testarossa via the Tourist delivery scheme. They were never sold as fully ADR compliant cars via the official dealer network here.

The first of that model series that was available from the dealers locally was the 512TR in late 1992.

are you sure the savings were minimal?? That's not how I remember it.

Regardless, $300k makes the $100k Countach sound cheap!

I love my car. Buy your own



Offline 360c

  • 300kph+ club
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  • Joined: Apr 2006

  • Drives: Purple People Eater
are you sure the savings were minimal?? That's not how I remember it.

Regardless, $300k makes the $100k Countach sound cheap!

Absolutely positive the savings were minimal, something like a couple of percent. As I said, I had to do the customs clearance on the car myself.
I have the paperwork somewhere; but I can't be fucked looking for it.



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