Motor Mag Gtrvsgt2

[Sammy-qld]

No doubt the spec v is a great car and will obviously be better than a base model 35 but the point i was trying to make is that i my opinion i doubt it would be worth double the price. As i am sure that you could by a base model add a few nice mods and match the performance of the spec v and still have a fair chunk of change left over.

Sammy-qld the point i was making concerning nissns mark up was more to highlight the priceing for the spec v if it were to ever be sold in australia. And i do agree that the cost is mainly due to government rapeing us but as LSX-438 has pointed out the basic price that he paid was $118000.00 that still leaves a substantial mark up for nissan considering the cars basic retail price in japan is 83 000 000.00 yen Approx 110k AUD and i am sure that nissan australia would get a fairly hefty discount on this and surely they would have locked in the price they are paying when negotiating their initial order wich would have been at a much better rate than the current exchange rate, shipping is reasonably cheap as it only costs around 2k AUD for a single car so I would also assume that nissan would also be getting a better rate on the shipping and as GST and DD are left to be paid by the consumer. I would still argue that there is a hefty margin in it for them. wich i suppose is fair enough as they are in the buisness of selling cars to make a profit. Regardless of all this the R35GTR is still the performance bargain of the decade at least for it's initial purchase. now servicing is a whole other story.

True there margins on cars in Australia are always higher. And i'm sure they are marking it up nicely from the exchange rate to boot. hey always put in a large margin to They make sure they won't lose money in the future so put in a hefty margin in the exchange rates for themselfs.

Its funny, you get cars like the Audi R8. Which was retailing a couple of years ago for like US$120,000 when the exchange rate was 95cents on the US dollar. I went to the Audi dealership and asked how much they said base model with no extra's AU$285,000 (with extra's 310,000 or so). I was like "I don't care if you add on $90,000 in luxury tax, stamp duty it doesn't add up to $300,000 compared to the US". He couldn't give me an answer on why with a extremely strong exchange rate prices dont' drop even a little.

Car importers must of made a killing when the exchange rates were 95cents on the dollar.

[Max_ST-R]

Hi all, regarding pricing on GT-R here is a break down of the taxes payable...

GTR std; rrp $155,800, GST component $12,094.68, LCT component $22,758.46. Total tax = $34,853.14, base price of GT-R std = $120,946.85

GTR Premium; rrp $159,800, GST component $12,374.41, LCT component $23,681.54. Total tax = $36,055.95, base price of GT-R Premium = $123,744.06

The GST component I can accept, but the LCT is an envy tax, pure and simple. THEN you get jammed with stamp duty.

To provide an example

$155,800 GTR Std

dealer delivery (lets say) = $5,000

stamp duty @ 5%= $8,040

registration = $620

In total between federal and state government taxes a GT-R buyer will donate roughly $42,893 to Mr Rudd and (in Victoria) Mr Brumby.

Bare this one in mind, without LCT a GTR Std would RRP for $133,042 which is more reasonable.

Just my 2 bits, If our government was serious about getting us out of recession, they should these LCT taxes & more people would buy cars, this would kick start the economy. Sure they miss out X amount of revenue in one area but if people get spending again, the revenue will return in the form of other taxes. Increase in taxes like the LCT are regressive and are dis-incentive for people to spend. It's basic economics..but then again many of our pollies are pretty basic in the brain dept too.

[Sammy-qld]

Thanks for the LCT & GST breakdown, interesting.

Part of life living in Oz is high taxes. Especially now with Rudd in power, those that can afford a GTR get ready for alot more taxes in the future budgets, last budget was nothing compared to the next few years of rich taxes coming our ways.

The employee's are in charge of the govenement for now, burning through cash and ruining the balance sheet of the country. Once the debt's start getting out of control and the govenment starts losing too much money & jobs then the employee's (voters) will vote back in a CEO to run the country again so they can fix the mess.

[Max_ST-R]

Happy to oblige Sammy-QLD. Here is another one for you, on Monday the 'Clarity in Pricing' legislation comes into effect. This was iniated by the ACCC and rubber stamped by our pollies. Like the LCT increase it is causing utter confusion and mayhem among manufacturers/importers in australia.

By Monday, try and find a price ANY price on a manufacturer website in Oz, they are pulling them all in fear of reprisal from the ACCC. This means Joe Bloggs can't even look up the price of a Tiida until manufacturers decide how they will display car pricing (remember statutory charges differ from state to state). Furthermore once we have drive-away, the statutory charges are HIDDEN. So in conclusion we have prices pulled from websites and no breakdown as to which charges come from the dealer and how much stampduty and rego is going to the govt...and they call this CLARITY IN PRICING. All ideology no pragmatism, believe me like the LCT rate increase from 25% to 33% this will just add more confusion to an already fragile industry....

[Sammy-qld]

Happy to oblige Sammy-QLD. Here is another one for you, on Monday the 'Clarity in Pricing' legislation comes into effect. This was iniated by the ACCC and rubber stamped by our pollies. Like the LCT increase it is causing utter confusion and mayhem among manufacturers/importers in australia.

By Monday, try and find a price ANY price on a manufacturer website in Oz, they are pulling them all in fear of reprisal from the ACCC. This means Joe Bloggs can't even look up the price of a Tiida until manufacturers decide how they will display car pricing (remember statutory charges differ from state to state). Furthermore once we have drive-away, the statutory charges are HIDDEN. So in conclusion we have prices pulled from websites and no breakdown as to which charges come from the dealer and how much stampduty and rego is going to the govt...and they call this CLARITY IN PRICING. All ideology no pragmatism, believe me like the LCT rate increase from 25% to 33% this will just add more confusion to an already fragile industry....

Haven't heard of that, sounds like a royal mess though. Sounds like they are trying to hide the fact of how much the car's are being overpriced because of the state & govenment taxes.

I loved how one of Labour's first moves into paraliment was to up LCT from 25% to 33%. Before the economic crises and when they had a 22 Billion surplus ffs. They probably put half that extra money turnwards our new Rudd firewall plan to control our internet for us.

[Max_ST-R]

Haven't heard of that, sounds like a royal mess though. Sounds like they are trying to hide the fact of how much the car's are being overpriced because of the state & govenment taxes.

I loved how one of Labour's first moves into paraliment was to up LCT from 25% to 33%. Before the economic crises and when they had a 22 Billion surplus ffs. They probably put half that extra money turnwards our new Rudd firewall plan to control our internet for us.

...problem is Sammy-QLD there probably wasn't any extra tax revenue becuase sales of luxury cars plummeted by 20% in just one month (in September 2008). Behind the scenes the retro-enacted legislation was an unmitigated disaster & manufacturers voiced their opinions about this, but fell on deaf ears.

Govts should ease thse taxes and encourage people into showrooms, instead Krudd & Co rocks up to question time with a picture of a Rolls Royce Phantom and a 911 screaming at the opposition that these people are getting a 'tax break'. There are probably 15 RR Phantoms sold in a year and a couple of hundred 911's for Gods sake!

[rehab2010]

...problem is Sammy-QLD there probably wasn't any extra tax revenue becuase sales of luxury cars plummeted by 20% in just one month (in September 2008). Behind the scenes the retro-enacted legislation was an unmitigated disaster & manufacturers voiced their opinions about this, but fell on deaf ears.

Govts should ease thse taxes and encourage people into showrooms, instead Krudd & Co rocks up to question time with a picture of a Rolls Royce Phantom and a 911 screaming at the opposition that these people are getting a 'tax break'. There are probably 15 RR Phantoms sold in a year and a couple of hundred 911's for Gods sake!

Tell me about it, and as if we can buy a luxury for 57K - if they said 200K+ then maybe I could understand.

Which ever way this goes we should be presented with a full breakdown of all costs and charges when we look at a particular car:

Car cost from OEM

tax - LCT - stamp duty etc

rego

dealer delivery

cost of all options

Then this would assist when negotiating with a dealer, they should not hide behind some bogus costs etc, and explain all costs as out of their control. 15K or 20K delaer delivery for a GT-R is a perfect example of a BS charge nobody should pay IMHO.

Cheers

Edited May 25, 2009 by rehab2010