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Offline The Doctor


  • Joined: Sep 2009

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Import your own and save about $30k,

do you really save 30k??
Hypothetically, you get one from the u.k for 50k, that equals to about $88K AUD, not including time, flights, inspections etc. Costs you maybe $1500.00 to ship over(a big guess), then you have to change cat converter, dash, etc plus about 20k to comply.....you may save 15k, but it would be a major hassle and take about 3-6months..



Offline Ferrari Fissatore

  • Soap Dodger

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  • Location: under its skin
do you really save 30k??
Hypothetically, you get one from the u.k for 50k, that equals to about $88K AUD, not including time, flights, inspections etc. Costs you maybe $1500.00 to ship over(a big guess), then you have to change cat converter, dash, etc plus about 20k to comply.....you may save 15k, but it would be a major hassle and take about 3-6months..

The cars you're looking at do not make 50k GBP. They're more like low 40's.

The most desirable age/colour/history/spec combo cars DO make 50k GBP in the UK though.



Offline Alistair


  • Joined: Dec 2009

  • Drives: RS4, WRX
  • Location: Jerra
I am investigating the importation of a 328/348/355 and am less fussy than a lot of you it seems.  From my studies so far the following applies to an import:

Assume premium cost = 50k pounds = $89k at today's 56p
Transport = $5000 (including insurance, a more realistic estimate than 1500?)
As of Friday, import tariff reduces from 10% to 5%.
GST (10%) on (Tariff (5%) on (Car cost + transport cost) ) = $108,900
Luxury Car Tax (33%) is then payable on the gap over $57,180 = 51,720  = $17,068 Tax

Total landed cost  = $125,967.60  assuming AQIS don't hit you up for a steam clean.

Compliance for a UK car should be reasonably straight forward, my son tells me.  He complied a Japanese car a few years ago and  he reckons a UK car should be easier, particularly a recent model.  Remember, the UK is also a RHD country so no 3-6 month conversion of steering and dash.  ADR's require side intrusion bars in the door, advisory signs inside the fuel filler cap, tyre placards, etc.  Should take days not weeks or months for a UK RHD car.

Alistair

PS. I am looking for a sub 30k pound car.



Offline The Doctor


  • Joined: Sep 2009

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I am investigating the importation of a 328/348/355 and am less fussy than a lot of you it seems.  From my studies so far the following applies to an import:

Assume premium cost = 50k pounds = $89k at today's 56p
Transport = $5000 (including insurance, a more realistic estimate than 1500?)
As of Friday, import tariff reduces from 10% to 5%.
GST (10%) on (Tariff (5%) on (Car cost + transport cost) ) = $108,900
Luxury Car Tax (33%) is then payable on the gap over $57,180 = 51,720  = $17,068 Tax

Total landed cost  = $125,967.60  assuming AQIS don't hit you up for a steam clean.

Compliance for a UK car should be reasonably straight forward, my son tells me.  He complied a Japanese car a few years ago and  he reckons a UK car should be easier, particularly a recent model.  Remember, the UK is also a RHD country so no 3-6 month conversion of steering and dash.  ADR's require side intrusion bars in the door, advisory signs inside the fuel filler cap, tyre placards, etc.  Should take days not weeks or months for a UK RHD car.

Alistair

PS. I am looking for a sub 30k pound car.


The 3 to 6 months i was for the time it takes for it to come to oz by boat, unless you fly it over....that will cost you about 20k, i know that for a fact! but even by plane, it will take more than 3 weeks to get to your door



Offline deangpsx8

  • I Am Legend
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  • Joined: Dec 2007

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  • Location: Don't know I'm Lost
  • Name: Dean
  • www: Intellitrac.com.au
I am investigating the importation of a 328/348/355 and am less fussy than a lot of you it seems.  From my studies so far the following applies to an import:

Assume premium cost = 50k pounds = $89k at today's 56p
Transport = $5000 (including insurance, a more realistic estimate than 1500?)
As of Friday, import tariff reduces from 10% to 5%.
GST (10%) on (Tariff (5%) on (Car cost + transport cost) ) = $108,900
Luxury Car Tax (33%) is then payable on the gap over $57,180 = 51,720  = $17,068 Tax

Total landed cost  = $125,967.60  assuming AQIS don't hit you up for a steam clean.

Compliance for a UK car should be reasonably straight forward, my son tells me.  He complied a Japanese car a few years ago and  he reckons a UK car should be easier, particularly a recent model.  Remember, the UK is also a RHD country so no 3-6 month conversion of steering and dash.  ADR's require side intrusion bars in the door, advisory signs inside the fuel filler cap, tyre placards, etc.  Should take days not weeks or months for a UK RHD car.

Alistair

PS. I am looking for a sub 30k pound car.


Allow another $1500 when it gets here for local container fees
Allow $500 for a glorified steam clean which does more damage than good..especially if water gets into places it shouldn't

Allow $50 for an import certificate which will take 1 month to get. Don't pay any money for the car unless you have this piece of paper,  just in case customs change their mind

Allow for fluctuations in the exchange rate, because customs will charge you all duties and taxes based on the exchange rate on the day of export (not the actual price you paid for the car in Australian dollars on the date of transfer of funds).  Take it from me, as i got reamed an extra  $12K when imported my last car when the exchange rate varied from the time of payment and the time of loading on the ship....which i paid under protest  and am taking Australian Customs to the AAT to fight this stupid legislation from the early 1900's
If the car is POST 88 it cannot be imported unless it is a private personal import, which means you must have purchased and lived with the car overseas for a period of time.  That means the 345 and 355 are out of bounds.

Allow $2K-5K for engineering on a pre 89 car. Plus any servicing and surprises ..such as cam belts which you do not want to take a chance with.

Allow $20- $30K  for compliancing on a post 88 car if you can manage a personal import.
Persistence Beats Resistance



Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin
I am investigating the importation of a 328/348/355 and am

PS. I am looking for a sub 30k pound car.


buy a 348 then. A good one worth having with low km and history is about GBP25k

Spending ONLY that amount on a  UK 328 or 355 will result in major headaches and much expense on serviicng/repairs when you get it here.



Offline Ferrari Fissatore

  • Soap Dodger

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Offline Alistair


  • Joined: Dec 2009

  • Drives: RS4, WRX
  • Location: Jerra
Aside from a personal import which requires 12 months of o/s ownership there is the option of a SEVS/RAWS import.  Modena Imports will compliance a 360 for $23-25k and a 348 (for me) for $15,400.

That would approximate to $153k for a 50,000 pound 360  :eek:

or $72,000 for a 25k 348 (including the $1500 container fee and a $500 steaming).  :thumbsup:

Thanks for the advice ferrarifixer, the 348 is my preference.  In my case I am hoping to include a trip to the UK to visit friends, relatives and ferrari dealers.  I am also assuming the sub-frame introduced in the 348 is what makes it so much easier to service than a 308 and is less complex than a 355 (for that read fewer things to go wrong).



Offline Alistair


  • Joined: Dec 2009

  • Drives: RS4, WRX
  • Location: Jerra
this 328 is a good one... and it's worth over 35k GBP


Approx $82k landed without compliance.  Much less to compliance a pre-89?!
Local ones seem to start at about $100k but have generally done more than 500 miles a year!  Who owns one of these and does 800km a year???  Still being run in, surely.



Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin

  I am also assuming the sub-frame introduced in the 348 is what makes it so much easier to service than a 308 and is less complex than a 355 (for that read fewer things to go wrong).

errr, nope. It's safest to assume they all go wrong at some time or other.

a 308 is easier to service than a 348, as in it takes less time.

 a well looked after 348 is no more expensive to run than a  a 308 though.

In my experience, 355's are one of the most expensive Ferrari to keep running/repairing. Certainly more than a 348 or even 360, and on a par with a 550.

The main servicing cost difference really is in the cambelt change... a 308/328 belt change costs ~$1000, where a 348 belt job is more like ~$2500, a 355 belt job nearer $3k. a 550 belt change is about ~$1300 but the servicing costs are up on the V8 models abit, but not drastically..

If "I" had about 30k GBP to buy a Ferrari I'd buy a glass 308 or a superb 328

or wait until I could afford a 550.



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