A Heads Up for My Australian Friends - Ferrari Life
 
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post #1 of 8 Old 04-30-2014, 08:21 PM Thread Starter
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A Heads Up for My Australian Friends

Today I was at Fast Eddies, a car fabricator in Orange, California. There was a 58 Corvette in very bad shape.He told me he was in the process of making it a right-hand drive car.I asked him why.He told me it was going to Australia. The car was being totally remade with a very nice V-8 engine and a manual transmission. It will be green in color. The car should be shipped by next April.

I just thought you might want to be aware of this.



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post #2 of 8 Old 01-30-2015, 09:41 PM
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Today I was at Fast Eddies, a car fabricator in Orange, California. There was a 58 Corvette in very bad shape.He told me he was in the process of making it a right-hand drive car.I asked him why.He told me it was going to Australia. The car was being totally remade with a very nice V-8 engine and a manual transmission. It will be green in color. The car should be shipped by next April.

I just thought you might want to be aware of this.


Thanks for passing that on I will keep an eye out you may find it has already been bought.
I am surprised the Aussie dollar has dropped significantly against the US so its surprising any one is importing cars.

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post #3 of 8 Old 01-30-2015, 11:45 PM
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Thanks Bart,

US muscle cars are big business here. Usually they are imported here, converted to RHD and then sold for a tidy profit. For example, there is a 2006 Ford GT here for $599,000. The 2014 Shelby GT500s around $180,000, 2013 super snakes $290,000. Add another $20,000 or so for on road costs. I don't know how these prices relate to yours but I would anticipate there is a healthy premium built in.

The good news for us is that factory Mustangs are definitaley coming here and it was announced a fortnight ago that so are the corvettes. This is because our locally made fords and gmhs are stopping production. When these cars arrive these rhd conversion businesses will be toast - well at least for new cars.

David.

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post #4 of 8 Old 01-31-2015, 10:49 AM
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David- Are new car prices expected to rise once Australia loses its indigenous manufacturing capability and all cars are imported?

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post #5 of 8 Old 01-31-2015, 11:56 AM
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Seems like Australia is one tough cookie when it comes to such rules and regulations.

I have virtually zero knowledge, but my sole experience was when I purchased my Abarth, which I imported from Australia. The Abarth being a left hand drive car that got imported into Australia prior must have been a nightmare for the previous owner to deal with the red tape bs. The records seem to prove that. Somehow, he got the government to approve his import.

Compared to Australia, Japan do not seem to care RHD or LHD or middle ? Knowing how this country can be a nightmare, I have no answer to that.

w/ smiles
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post #6 of 8 Old 01-31-2015, 01:33 PM
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Jimmy- The UK is the same way, but they are kind of forced to it because the Continent is so close and there is even a chunnel.

Taz
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post #7 of 8 Old 01-31-2015, 01:55 PM
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Originally Posted by tazandjan View Post
David- Are new car prices expected to rise once Australia loses its indigenous manufacturing capability and all cars are imported?
If anything prices should go south. Imported cars are subject to a high tariff. The rationale for this was that this made our expensive locally made Aussie cars competitively priced for us. Now that there will be no Aussie car industry to support, the tariffs should be removed. Somehow I can't see this government windfall stopping.

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post #8 of 8 Old 02-01-2015, 09:30 PM
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If anything prices should go south. Imported cars are subject to a high tariff. The rationale for this was that this made our expensive locally made Aussie cars competitively priced for us. Now that there will be no Aussie car industry to support, the tariffs should be removed. Somehow I can't see this government windfall stopping.

David.
David I agree, there has been a reduction of some of the 4 wheeled white goods due to the free trade with China but the above LCT threshold its taxes as usual.

Graeme

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