Car prices in Australia suck.

sprjenkins · 24-01-2008, 05:43 PM

Was just looking at car prices new in the US and decided that car prices here suck.
-------------------- U.S. -------------------- AUS

2007 Ford Shelby GT500 Coupe -------- $40,930 --------- $200,000!
2008 Ford Shelby GT500 Coupe -------- $42,170 -------- $200,000!
2007 Chevrolet Corvette Coupe LT1 -------- $42,503 ------------
2008 Audi S5 Quattro --------------------- $50,500 --------- $131,900
2007 Audi RS4 Sedan -------- ----- $66,000 --------- $164,500
2006 Maserati Coupe GT -------- --------- $79,900 --------- $248,500
2007 Porsche 911 Carrera S Coupe --------- $81,400 ---------- $224,400
2008 BMW M5 Sedan --------------- $82,900 --------- $231,500
2007 Porsche GT3 Coupe ---------- $106,000 ----- $253,200
2007 Ferrari F430 Coupe ---------- $173,079 --------- $389,000
2007 Ferrari 599 GTB Fiorano Coupe -------- $264,034 ---------- $574,000

I know we don't sell a lot of cars etc but come on, hows that for being ripped off.

Steffo · 24-01-2008, 05:50 PM

Quote:

Originally Posted by sprjenkins

Was just looking at car prices new in the US and decided that car prices here suck.
-------------------- U.S. -------------------- AUS

2007 Ford Shelby GT500 Coupe -------- $40,930 --------- $200,000!
2008 Ford Shelby GT500 Coupe -------- $42,170 -------- $200,000!
2007 Chevrolet Corvette Coupe LT1 -------- $42,503 ------------
2008 Audi S5 Quattro --------------------- $50,500 --------- $131,900
2007 Audi RS4 Sedan -------- ----- $66,000 --------- $164,500
2006 Maserati Coupe GT -------- --------- $79,900 --------- $248,500
2007 Porsche 911 Carrera S Coupe --------- $81,400 ---------- $224,400
2008 BMW M5 Sedan --------------- $82,900 --------- $231,500
2007 Porsche GT3 Coupe ---------- $106,000 ----- $253,200
2007 Ferrari F430 Coupe ---------- $173,079 --------- $389,000
2007 Ferrari 599 GTB Fiorano Coupe -------- $264,034 ---------- $574,000

I know we don't sell a lot of cars etc but come on, hows that for being ripped off.

Its called tax.

In 2003, a mate of my old man's bought a brand new Audi A4 3.0 V6 Multitronic. The dealer who sold it to him had also sold a then brand new Audi RS6 (4.2 V8 Twin Turbo, 331kW 560Nm, AWD) to the Italian ambassador to Australia. Now the RS6 had an on-the-road price of $235,000. The ambassador, being tax exempt, got it for $115,000. That's $120,000 of tax. Or 104.34%.

We are the heaviest taxed nation in the world on cars.

XR Martin · 24-01-2008, 05:53 PM

Quote:

Originally Posted by Steffo

We are the heaviest taxed nation in the world on cars.

No we arnt

Steffo · 24-01-2008, 05:53 PM

Quote:

Originally Posted by XR6 Martin

No we arnt

Care to list higher?

pertuan · 24-01-2008, 05:56 PM

Malaysia and Singapore come to mind.

A Camry goes for about 80k (starting) over in Malaysia.

Homer1 · 25-01-2008, 12:23 PM

Quote:

Originally Posted by pertuan

Malaysia and Singapore come to mind.

A Camry goes for about 80k (starting) over in Malaysia.

Malaysia is ~300% tax on imported cars from what I've heard from my Malay friends.

In Singapore you have to purchase a permit to purchase a car.

pertuan · 26-01-2008, 02:05 PM

Quote:

Originally Posted by Homer1

Malaysia is ~300% tax on imported cars from what I've heard from my Malay friends.

If I remember right, it varies between 100% and 300% depending on what car it is. Luxury cars will have the maximum tax on it.

Nappa · 26-01-2008, 09:31 PM

im in cairo at the moment, majority of the cars here are at least 25yrs old.
When speaking to a local i was interested to hear that even a 30yr old lada crap heap, with 500000kms would sell for the equivelant of $5000 Aust, thats a big ask considering that the average wage is about $2-3000 a year.

Josh_XC · 24-01-2008, 06:00 PM

Yeh im certain Singapore suxs the big one when it comes to tax on cars

**Polyal** · 24-01-2008, 06:08 PM

Quote:

Originally Posted by Josh_XC

Yeh im certain Singapore suxs the big one when it comes to tax on cars

Yeap, and then dont even ask about rego or insurance..LOL

Yellow_Festiva · 24-01-2008, 07:35 PM

Quote:

Originally Posted by Polyal

Yeap, and then dont even ask about rego or insurance..LOL

Spot on, when I was there last I posted some prices.

http://www.fordforums.com.au/showthr...ices+singapore

1.6 Kia Cerato, Au$32,500

1.0 Chevy Matiz, Au$30,200

Mazda 2 SP, Au$40,500

Ford Mondeo, Au$56,000

Mazda 6 SP, Au$59,500

Will be going again Mid march on my way to my next adventure in SE Asia

:

Fairlane · 24-01-2008, 06:01 PM

We might be bad with luxury cars, but we arent too bad with regular fodder and thats what counts. Looks like i found an excuse to use the figures from an old university assignment. These figures are for a base model 4 cylinder Camry- First coloum is average weekly earning, second coloum purchase price and third price amount of weeks it takes for an average worker to afford the car...

UK ₤444 ₤ 12,980 1:29.2
USA US $640 US $20,285 1:31.7
Australia A$ 859 A $27,900 1:32.4
Canada € 600 € 19,803 1:33.0
Germany C$ 773 C $25,600 1:33.1
Sweden SEK 4,650 SEK 248,000 1:53.3

So really we aint to bad, not compared to a country like Sweden where consumption tax bites you in the backside. Euro luxo barges may be dear, but its not really because of tax in this country but due to factors of supply and demand (how many Audi A8's are sold here?), transportation, cost of complying to ADR and RHD. Australia is still one of the few counties where the average person can afford to buy and run what in other countries is an luxury Executive saloon, the average person cant afford to run of 4.0l falcon or even a 4 cylinder Camry in the UK.

Boosh Brus · 24-01-2008, 08:08 PM

Quote:

Originally Posted by Fairlane

Australia is still one of the few counties where the average person can afford to buy and run what in other countries is an luxury Executive saloon, the average person cant afford to run of 4.0l falcon or even a 4 cylinder Camry in the UK.

Thats not entirely true. Did you see the recent world housing affordibility survey?

nommic · 24-01-2008, 06:27 PM

Check this out:

http://aussieexotics.com/2008/01/03/...world#more-409

Ruger · 24-01-2008, 06:31 PM

http://aussieexotics.com/2008/01/03/...ound-the-world

read this and breathe a sigh of relief how lucky you are

900k+ for a 997 gt2 in denmark.

ahahahaha ^^^^^^^^^^^^ he beat me

Steffo · 24-01-2008, 06:54 PM

Quote:

Originally Posted by Ruger

http://aussieexotics.com/2008/01/03/...ound-the-world

read this and breathe a sigh of relief how lucky you are

900k+ for a 997 gt2 in denmark.

ahahahaha ^^^^^^^^^^^^ he beat me

Not very? We're on the very wrong side of the list...

Rock ape · 24-01-2008, 08:16 PM

Yes Mandurah did well Haha

XR06T · 25-01-2008, 06:27 PM

Quote:

Originally Posted by BAGTp001

Yes Mandurah did well Haha

they sure did :\

no incomes in greenfields makes it so unnafordable but hahaha

Fev · 25-01-2008, 08:40 AM

off that website:

Quote:

The Danish price is correct! For track use the car is “only” 1.2M DKr, taxed and registered it is 4.2M DKr, so almost 3M DKr (600.000 AUD) in taxes alone.
Many Danes register their super cars in neighbouring Sweden to avoid the taxes, and many Swedes buy brand new cars and export them from Denmark as the ex tax price is lower in Denmark than the ex-tax prices in Sweden. 25% VAT only is added when registering in Sweden.

in denmark a porsche GT2 997 comes with AU$600,000 in TAXES and you cant even drive on the road legally over there!! although thats if you want to register it

austyphoon · 25-01-2008, 03:20 PM

Quote:

Originally Posted by sprjenkins

Was just looking at car prices new in the US and decided that car prices here suck.
-------------------- U.S. -------------------- AUS

2007 Ford Shelby GT500 Coupe -------- $40,930 --------- $200,000!
2008 Ford Shelby GT500 Coupe -------- $42,170 -------- $200,000!
2007 Chevrolet Corvette Coupe LT1 -------- $42,503 ------------
2008 Audi S5 Quattro --------------------- $50,500 --------- $131,900
2007 Audi RS4 Sedan -------- ----- $66,000 --------- $164,500
2006 Maserati Coupe GT -------- --------- $79,900 --------- $248,500
2007 Porsche 911 Carrera S Coupe --------- $81,400 ---------- $224,400
2008 BMW M5 Sedan --------------- $82,900 --------- $231,500
2007 Porsche GT3 Coupe ---------- $106,000 ----- $253,200
2007 Ferrari F430 Coupe ---------- $173,079 --------- $389,000
2007 Ferrari 599 GTB Fiorano Coupe -------- $264,034 ---------- $574,000

I know we don't sell a lot of cars etc but come on, hows that for being ripped off.

Well the first 3 cars are only made in left-hand drive, so the costs to convert to right-hand drive is very expensive.

Secondly you have listed the American prices in $US and Australian in $AUS. There still is a massive difference ($US66 000 = $AUS75000)

And thirdly, those $US prices don't include sales tax (if i'm not mistaken), i think it differs between states.

Obviously there will still be a difference but it's not the margins you posted.

Steffo · 25-01-2008, 03:39 PM

Quote:

Originally Posted by austyphoon

Obviously there will still be a difference but it's not the margins you posted.

Those margains are quite correct. US RRP vs AU RRP.

austyphoon · 25-01-2008, 05:37 PM

Quote:

Originally Posted by Steffo

Those margains are quite correct. US RRP vs AU RRP.

But why compare prices with two different currencies? The smart thing to do would be to convert them to either $US or $AUS then compare.

I think you'll find the average yearly income is higher in Australia then America, so consumers will still have the same difficulties in affording one.

sprjenkins · 25-01-2008, 06:38 PM

Quote:

Originally Posted by austyphoon

But why compare prices with two different currencies? The smart thing to do would be to convert them to either $US or $AUS then compare.

I think you'll find the average yearly income is higher in Australia then America, so consumers will still have the same difficulties in affording one.

Yeah the average income is lower in the US because of a higher proportion of uneducated citizens and imigrants from south and central america etc, lots of reasons. You'll find however for the educated person the average wage is significantly higher.

I'm sorry I cuoldn't be bothered doing the conversions, the prices are US dollars and correct.

Still however there is a massive gulf in prices due to a huge amount of tax being levied on cars in australia. I mean $75,000 australian for an RS4 is a lot less than $164,000

Steffo · 27-01-2008, 01:35 AM

Quote:

Originally Posted by austyphoon

But why compare prices with two different currencies? The smart thing to do would be to convert them to either $US or $AUS then compare.

I think you'll find the average yearly income is higher in Australia then America, so consumers will still have the same difficulties in affording one.

Ok lets say I'm buying, for arguments sake, a 2008 BMW 335i Sedan.

Australian 335i RRP = $104,500 AU
Australian Male Average Wage = $55,800 AU

So assuming one with an average wage were to try to buy that car, when you add on-road costs and interest, and they payed for literally nothing but the car with their pay it would take them over two years to pay it off.

Now lets say I live in America...

American 335i RRP in Australian Dollars = $46,591.29
American Average Wage in Australian Dollars = $44,137.72

So including on-road costs and what not, if an American average man with an American average wage spent money on nothing but that 335i, he'd have it payed off in a year and a half max.

So please explain to me how in your mind that "evens out," or the difficulties are even remotely similar. Here seeing a 335i is a big wow. There seeing a 550i is "pfft."

flappist · 27-01-2008, 09:49 AM

Quote:

Originally Posted by Steffo

Ok lets say I'm buying, for arguments sake, a 2008 BMW 335i Sedan.

Australian 335i RRP = $104,500 AU
Australian Male Average Wage = $55,800 AU

So assuming one with an average wage were to try to buy that car, when you add on-road costs and interest, and they payed for literally nothing but the car with their pay it would take them over two years to pay it off.

Now lets say I live in America...

American 335i RRP in Australian Dollars = $46,591.29
American Average Wage in Australian Dollars = $44,137.72

So including on-road costs and what not, if an American average man with an American average wage spent money on nothing but that 335i, he'd have it payed off in a year and a half max.

So please explain to me how in your mind that "evens out," or the difficulties are even remotely similar. Here seeing a 335i is a big wow. There seeing a 550i is "pfft."

Now instead of going off like a pork chop with a google addiction lets have a bit of a think why this might be the case.

Hmmmm....

All car manfacturers hate Australia and so they are out to rip us off? Doubtful....
All car manfacturers hate YOU Steffo and as you live here they rips us? Plausable but probably not....
The car market is USA is 50 times larger than Australia and we drive on the other side of the road and have tighter and more specific compliance rules that make developing product and amortising parts/support/admin/distribution etc a lot more expensive? Possibly....
We have enormous distances between places with a very small population yet we expect to have good roads and someone has to pay for that? Maybe?
We have a local manufacturing industry that might employ people and would be a good thing to protect? Hmmmm......

But then again it might all be a conspiracy...........

If a BMW cost the same as a Falcon I suspect there might be a big block of land in Broadmeadows being subdivided and this forum would become a historical monument.

Easy way to fix it though, move to America.

austyphoon · 27-01-2008, 11:19 PM

Quote:

Originally Posted by Steffo

Ok lets say I'm buying, for arguments sake, a 2008 BMW 335i Sedan.

Australian 335i RRP = $104,500 AU
Australian Male Average Wage = $55,800 AU

So assuming one with an average wage were to try to buy that car, when you add on-road costs and interest, and they payed for literally nothing but the car with their pay it would take them over two years to pay it off.

Now lets say I live in America...

American 335i RRP in Australian Dollars = $46,591.29
American Average Wage in Australian Dollars = $44,137.72

So including on-road costs and what not, if an American average man with an American average wage spent money on nothing but that 335i, he'd have it payed off in a year and a half max.

So please explain to me how in your mind that "evens out," or the difficulties are even remotely similar. Here seeing a 335i is a big wow. There seeing a 550i is "pfft."

I think you've missed my point steffo. I never said it evens out, show me where i said that mate? I said the costs are still great but not as much as posted.

The original post was USA prices verse AUS right, now I believe he is implying that the difference is 66,000 --------- $164,500 which is $98500 which isn't the case because the currencies are different and we're missing some details.

Your sums are pure guesses as we don't have enough information to go on. I'm just arguing against the original assumption that these prices aren't fare.

I would say the fact that in the USA BMW could sell 100x the 335i then what AUS could sell which means they can sell more for less. .

flappist · 25-01-2008, 06:31 PM

Quote:

Originally Posted by sprjenkins

Was just looking at car prices new in the US and decided that car prices here suck.
-------------------- U.S. -------------------- AUS

2007 Ford Shelby GT500 Coupe -------- $40,930 --------- $200,000!
2008 Ford Shelby GT500 Coupe -------- $42,170 -------- $200,000!
2007 Chevrolet Corvette Coupe LT1 -------- $42,503 ------------
2008 Audi S5 Quattro --------------------- $50,500 --------- $131,900
2007 Audi RS4 Sedan -------- ----- $66,000 --------- $164,500
2006 Maserati Coupe GT -------- --------- $79,900 --------- $248,500
2007 Porsche 911 Carrera S Coupe --------- $81,400 ---------- $224,400
2008 BMW M5 Sedan --------------- $82,900 --------- $231,500
2007 Porsche GT3 Coupe ---------- $106,000 ----- $253,200
2007 Ferrari F430 Coupe ---------- $173,079 --------- $389,000
2007 Ferrari 599 GTB Fiorano Coupe -------- $264,034 ---------- $574,000

I know we don't sell a lot of cars etc but come on, hows that for being ripped off.

You can buy any of those cars in Australia for about $10k more than the US price.

All YOU have to do is re engineer them to right hand drive and ensure they comply with Australian standards to allow them to be registered.

Of course once you get it registerable you will THEN have to pay the duties and taxes involved.

Make sure you do not convert too many as you will have to start running them into walls etc.

sprjenkins · 25-01-2008, 06:40 PM

Quote:

Originally Posted by flappist

You can buy any of those cars in Australia for about $10k more than the US price.

All YOU have to do is re engineer them to right hand drive and ensure they comply with Australian standards to allow them to be registered.

Of course once you get it registerable you will THEN have to pay the duties and taxes involved.

Make sure you do not convert too many as you will have to start running them into walls etc.

You can't actually do that. You can't import any vehicle that is sold in Australia, don't believe me check out the DOTARS website.

flappist · 25-01-2008, 08:06 PM

Quote:

Originally Posted by sprjenkins

You can't actually do that. You can't import any vehicle that is sold in Australia, don't believe me check out the DOTARS website.

Actually yes you can. It just takes a lot more engineering to make it legal as in rebuild it from the ground up to Australian standards. The vehicle then becomes your "own" model, not what you imported.

What you cant do is just play with it a bit to make a dodgy compliance.

sprjenkins · 28-01-2008, 06:09 PM

Quote:

Originally Posted by flappist

Actually yes you can. It just takes a lot more engineering to make it legal as in rebuild it from the ground up to Australian standards. The vehicle then becomes your "own" model, not what you imported.

What you cant do is just play with it a bit to make a dodgy compliance.

Have a look on the dotars website, any car or derivative of a car that was soold in Australia can't be imported, all but the top three were sold in Australia so you most definatley absolutly can not and most likely never will be able to import them into Australia and ever drive on the road. You can't even do it for racing unless you have an extraordinarily good excuse, price not being one. As I said, do your homework, go on the DOTARS website and don't make stuff up.

It does not matter one iota if you intend to rebuild it from the ground up or not, if it was sold here it must be immediatly shipped back or destroyed