Interesting R35 Australia Update

[sh@un]

did it actually come down in tonights budget?

[SS8_Gohan]

yeah, GT3 is $260K or there abouts (interesting, not much more, if not the same, as a standard 911 Carrera (maybe Carrera S)), GT3 RS is $305K or there abouts - Turbo is about $330k, GT2 is a whopping $420K roughly

[typevu]

Luxury Car Tax upped to 33%! Great...................

[-33-]

Luxury Car Tax upped to 33%! Great...................

Oh come on... you can afford to buy a luxury car, you can afford to pay the extra. At the end of the day, owning a GTR or a 911 turbo isn't some god-given human right. It imposes certain costs on society (fuel consumption, emissions etc) which is what the tax is meant to cover, or at least provide a disincentive. If luxury car tax is increased in order to reduce taxes on those in true need, why not?

[Guest]

The old ruling was you were not liable to pay LCT if it was a private sale but I cant find it in the new Tax Ruling so not sure it is still valid, but now unless you have an ABN you pay all Taxes at time of entry as per below.

Unless I read it wrong they get you at the docks if private import for personal use or the car is less then 2 years old, I am not an accountant so dont quote me but it looks like they found the loophole people had used before.

When is the importation of a luxury car subject to luxury car tax?

If you import a luxury car into Australia, the car will be subject to luxury car tax if: you do not quote your ABN (see ‘Quoting your ABN’ on page 11), and

you enter the car for home consumption (within the meaning of the Customs Act 1901).

Who is liable for luxury car tax?

Any entity that is registered or required to be registered for GST and sells a luxury car may be liable for luxury car tax. This includes retailers, wholesalers and manufacturers of cars and any business that sells a luxury car. Importers, including private buyers who import luxury cars, may also be liable to pay luxury car tax

[sh@un]

...At the end of the day, owning a GTR or a 911 turbo isn't some god-given human right. It imposes certain costs on society (fuel consumption, emissions etc) which is what the tax is meant to cover, or at least provide a disincentive...

What a load of hot wad.

Generally, the more someone pays for a car, the less likely it is to be driven on a regular basis, and therefore has next to no effect on resources/emissions (not that regular use makes a lick of difference, but anyway...)

Where's the disincentive for someone not to use a thumping great 6-Litre, planet-raping, baby seal-clubbing, SS Commodore ($44,990) as a daily driver??

Importers, including private buyers who import luxury cars, may also be liable to pay luxury car tax

the key will be how the 'may' bit is determined (like, more than 1 car per year)...

[Snowman]

The most annoying thing about the LCT threshold IMO is that fact that in the 10 years this has been around the cut-off rate of $57,000 hasn't increased at all. And we all know that the difference between a $57,000 car today compared to 10 years ago is quite large. That cut-off rate IMO should at least be increasing with CPI if nothing else.

Stupid taxes.

[Ant97GTR]

The most annoying thing about the LCT threshold IMO is that fact that in the 10 years this has been around the cut-off rate of $57,000 hasn't increased at all. And we all know that the difference between a $57,000 car today compared to 10 years ago is quite large. That cut-off rate IMO should at least be increasing with CPI if nothing else.

Stupid taxes.

big +1 for that!

I never realized this was the case and it would make perfect sense to do as Snowie suggests. FFS a commo V6 with a few options comes close to the $57k mark and I wouldn't call that a lux car.

Anyway this is off topic and needs a new thread somewhere....

[-33-]

What a load of hot wad.

Generally, the more someone pays for a car, the less likely it is to be driven on a regular basis, and therefore has next to no effect on resources/emissions (not that regular use makes a lick of difference, but anyway...)

Ok, i see your point there, but thats only half the argument. My point that it redistributes some wealth to those who need it is still valid.

Where's the disincentive for someone not to use a thumping great 6-Litre, planet-raping, baby seal-clubbing, SS Commodore ($44,990) as a daily driver??

the key will be how the 'may' bit is determined (like, more than 1 car per year)...

Agree 500%, but unfortunately that's not going to change any time soon due local companies being protected so bloody well by governments... Holden could produce a 35L V8 which runs on newborn babies and the government wouldn't do squat about it. And you can guarantee it would fall just below the luxury tax.

Like i said, i'm not against a luxury tax - but the way the luxury tax is implemented is stupid. Its tailor made to get the locals across the line, and f**k off any import of decent quality.

[Marlin]

The most annoying thing about the LCT threshold IMO is that fact that in the 10 years this has been around the cut-off rate of $57,000 hasn't increased at all. And we all know that the difference between a $57,000 car today compared to 10 years ago is quite large. That cut-off rate IMO should at least be increasing with CPI if nothing else.

Stupid taxes.

Here here!!

[GTS4WD]

YAY!

My 2 favourite words!

Tax + Detune

[sh@un]

Is the price range on the Nissan Japan website for the cars before or after tax? Like, say- you could buy a car from them 'duty free' if the prices were with tax added??

[Guest]

the key will be how the 'may' bit is determined (like, more than 1 car per year)...

"May" means everyone aside from those exempt if car is for use as Handicapped Vehicle.

[sh@un]

well that's a fairly narrow exemption window

[typevu]

ahhh- 33% tax added to the difference above $57K on 400 grand is $113,000. i guess that covers about 5 free cars for aboriginals...

:laughing-smiley-014:

[sh@un]

so would stamp duty be paid on the purchase price in J-land, or on the cumulative total cost after the govt. had bent you over and reamed you with other taxes already? (i think i know the answer though...)

[sh@un]

Well, based on what people have said, and taking the new L.C.T rate after July 1st into account (but using the current exchange rate for Yen), you'd be looking at around $115,000 to 117,000 for a new base-model R35 landed without compliance. Of course you'd then have a car with no warranty, no-one able to work on most of it's systems and no local parts support (as yet).

[Guest]

Well, based on what people have said, and taking the new L.C.T rate after July 1st into account (but using the current exchange rate for Yen), you'd be looking at around $115,000 to 117,000 for a new base-model R35 landed without compliance. Of course you'd then have a car with no warranty, no-one able to work on most of it's systems and no local parts support (as yet).

If you could get one right now with delivery klm's and not from an Auction (as Ex Auction cars are not NEW according to DOTARS) as the waiting list keeps blowing out you would be looking at a lot of money, below is a FOB prices on a car Ex Tokyo delivery klms only from a Registered Japanese Motor Vehicle Dealer with approval to Export New cars, I added 500,000 to jump the que, no need to quote retail pricing as it wont happenunless you want to wait 6 to 8 months.

GT-R Premium Edition: to secure a New Premium Edition people will pay at the moment around JPY9,500,000 FOB is around $96,500, Freight $1,400, Duty $9,790, GST $10,769, LCT $20,280, which equals $138,739..............Plus compliance Minimum of $15,000 (don't argue the price unless you know what the life of model recall expenses will be for the workshop), Plus Stamp Duty............Plus $10,000 in ORC for WA totaling the $163,400 mark.

If a dealer imports the car he does not pay the LCT at the port but when it is calculated on the sale price of $160,000 do your sums as the LCT being added till last you will be owing around $194,000 to drive a new R35 GTR off the show room, now just insure it............

[sh@un]

GT-R Premium Edition: to secure a New Premium Edition people will pay at the moment around JPY9,500,000 FOB is around $96,500, Freight $1,400, Duty $9,790, GST $10,769, LCT $20,280, which equals $138,739..............Plus compliance Minimum of $15,000 (don't argue the price unless you know what the life of model recall expenses will be for the workshop), Plus Stamp Duty............Plus $10,000 in ORC for WA totaling the $163,400 mark.

If a dealer imports the car he does not pay the LCT at the port but when it is calculated on the sale price of $160,000 do your sums as the LCT being added till last you will be owing around $194,000 to drive a new R35 GTR off the show room, now just insure it............

but your $160k sale price already includes LCT as part of the calculation- surely you don't pay LCT on LCT as the end user?

anyway- i forgot to add import duty to my equation (so much for my financial skills), and it doesn't include a 'skip the waiting list' premium: but it's looking more like $123,000 to $125,000 without compliance (which you say will be $15,000) for the base model, which comes to $140,000. if Nissan list them for $150K, what will the ORC's consist of?

[gts-4 dreamer]

I personly hope this thing is over 140 K + , id hate to start seeing 3-4 GTRs a day . It would loose its WOW factor as people with decent money comming through would choose this over the high end HSV model.

... what utter shit...

Some comments;

Many Canadians go to the US to buy cars, so the prices are not that much different

The Pontiac GTO sold for LESS in the US than the equivalent Monaro did here, much less in fact.

The BMW M3 Coupe starts from $56K in the US

http://www.bmwusa.com/Standard/Content/Veh...pe/default.aspx

The BMW M3 Coupe is $157K here. Noting that there are some differences in specifications that account for some of the price difference.

The R35GTR will be considered a "supercar" here, as a result I expect the pricing to be around $140K to $150K for the reasons above.

But (there is always a but), the typical Nissan dealer is pretty low rent in style, that's premises and staff. So they will have the same problem as with the R32GTR, people wanting to spend that sort of money aren't going to like standing in a queue behind someone spending a 10th as much buying/servicing a Tiida. I assume that Nissan will try the 1 selected dealer in each state trick, but even the best Nissan dealer isn't up to selling to and servicing that sort of customer. Whether or not that affects the price remains to be seen.

Cheers

Gary

if they can sell it at 70-80k .. which will most definetly be at profit (obviously) then the only reason they can sell it for DOUBLE the price here is the fact that sufficient people are willing to pay exhorbitant prices for the car. The same reason we (australians) pay more for everything is simple, it hasnt changed in quite some time... WE EXPECT to pay mor for everything... what is industry going to keep thier prices low.... yea that'll ever happen... the perception we will pay more is what the problem is... obviosuly they can produce and deliver tihs vehicle at a decent price... but we will pay double for ideas like these... that we SHOULD be paying more... I have yet to hear any reason why we should.. if they are released over 80k here I dead set hope they fail misserably. I think it's rediculous.... btw I would love to enjoy this vehicle... but money has value to me and i bloody hate this trumped up crappy aus market pricing shiz... seriously.. our market is utter crap with laws designed to protect a few big boys THAT ARENT AUSTRALIAN!!! the whole point was to protect the LOCAL industry... tel me... what local industry... we have assembly plants .. though GM + associated group are using some local designs .. thats it...

exclusivety? go for something exotic that is made out of expensive materials that is so overly engineered its atleast almost worth 1/3 the price and well your brand name means allot to you.. oh wait.. its a nissan... wtf... price it 80-90 and make a killing... it's not like 80-90% of people COULD spend that on a car.. let alone would want to spend it on a 2 door .. or an all out performance oriented vehcile.. even if it does way 3/4 a tonne vehicle....

Why do you lot think it would cost so much more to deliver to aus.. they already do deliver cars to aus reasonably....

the car is by all means legal to drive here.. short of hte red tape for any new model.....

oh wait.. it should be exclusive? like a million other people wont own it too?

there isnt a single reason this car cant be priced similarly to EVERY other country......

rediculous...

aus dealer's charge an extra fortune in markup because no one wants to buy new... because the overly rediculous markups.. cycle of crap.