Luxury car prices in Australia

dimka100 · 18-04-2011, 05:27 PM

Did anyone read this article on Drive? WOW what an eye opener, I mean I knew that cars in Australia are overpriced but I did not realise they are overpriced by such a phenomenal amount …

http://news.drive.com.au/drive/motor...415-1dgy7.html

I wonder if people would still buy HSVs and FPVs if the price of new M3s or 911 was 60 – 80K …

||| · 18-04-2011, 05:31 PM

price is a function of demand not cost

SEZ213 · 18-04-2011, 05:40 PM

There's a hell of a lot of 'taxes' in there - the Merc alone had over 100k on it...!

Yellow_Festiva · 18-04-2011, 06:08 PM

I'm in Europe at the moment. While I was in Turin (northern Italy) I couldn't believe how many new Fiat 500's there were on the road. Like 1 in every 15 cars. I asked what the price was for one, as in OZ ther were a costly small car and couldn't believe it when I heard a base model is something like 11,000 Euros.... (under 15 grand AUD) I know it isn't a luxury car but none the less, that is very very low compared to what they go for here.

I bought a car price guide before I left... I'm curious to see what ofher more premium models go for compared to Australia.

But agree with what ||| said. Price is more to do with what the competition costs and the market are willing to pay, not what the item costs to produce and import.

kaniSS · 18-04-2011, 06:16 PM

Quote:

Originally Posted by Sezzy

There's a hell of a lot of 'taxes' in there - the Merc alone had over 100k on it...!

Luxury Car Tax & Stamp duty. Talk about double dipping.

SEZ213 · 18-04-2011, 06:24 PM

Quote:

Originally Posted by kaniSS

Luxury Car Tax & Stamp duty. Talk about double dipping.

Particularly disturbing when you see that Holden devalues by 15k when it's exported.

That's not demand, that's outright greed, especially when a quarter of the sale price goes on taxes...

dimka100 · 18-04-2011, 06:25 PM

I don’t expect things to ever change … but I thought it’s good that sometimes the papers are actually reporting on something to really educate the population rather than the standard political BS.

Ben73 · 18-04-2011, 08:09 PM

Luxury tax is nothing but a scam.
"Oh you can afford a nice car, that means you can afford to give us thousands of dollars for no reason"

How much is Luxury car tax? 30% I have heard. That is just ******** and taking advantage of people who would like a decent car.

lockieoc · 18-04-2011, 09:16 PM

LCT is a joke! The people who can afford these cars are already in the high tax bracket and the government wants more money off them.
Been looking at EVO X's lately $78,000 here, $36,000 in the US, seriously what a joke.
Has anyone noticed that when you look at the high end Euro's on carsales or what have you they never show the before Gov Charges price.. to many people would realise how much of their money is going straight to Canberra.

sanchoXB · 19-04-2011, 04:06 PM

Quote:

Originally Posted by Ben73

Luxury tax is nothing but a scam.
"Oh you can afford a nice car, that means you can afford to give us thousands of dollars for no reason"

How much is Luxury car tax? 30% I have heard. That is just ******** and taking advantage of people who would like a decent car.

Exactly right, if you earn a decent amount you pay more tax, if you want a decent car you pay more tax, if you work 2 jobs you pay more tax. Thats why the Focus RS costs $65k. Thats the problem when you have a greedy government. I'll bet soon that if you buy a V8 you will have to pay extra carbon tax!!

Smoke Pursuit · 19-04-2011, 05:01 PM

They have to pay for their own retirements some how, and also the dole bludgers!! (maybe not for much longer though with Juliaaaaaaa).

xp_ute · 19-04-2011, 05:12 PM

Quote:

Originally Posted by DASH GT

They have to pay for their own retirements some how, and also the dole bludgers!! (maybe not for much longer though with Juliaaaaaaa).

and those stinkin breeders that want the rest of us to pay for half their childcare....

billy302 · 19-04-2011, 05:14 PM

This all started after the second world war.
Manufacturers in Australia would not have survived without import duty on cars.
You would never have bought a Holden when compared to cars made overseas.
Local content and assembly plants here would have closed. There were many cars made overseas that were far better than the local products.
Without import duty of as much as 100% on some cars, Holden and Ford manufacturing plants would have closed long ago.
Today we still have high tariffs on luxury imports so we can still sell inferior cars at a profit.
The Falcon much as we like it, is not a competitor for the equivalent BMW or Mercedes.

93EB_SXR6 · 19-04-2011, 05:18 PM

...the bastards...

JG66ME · 19-04-2011, 05:21 PM

I priced a BMW 330D Coupe. $105000

Same car in the UK is over 50k cheaper.

I will not be getting one.

Ben73 · 19-04-2011, 05:35 PM

Quote:

Originally Posted by sanchoXB

Exactly right, if you earn a decent amount you pay more tax, if you want a decent car you pay more tax, if you work 2 jobs you pay more tax. Thats why the Focus RS costs $65k. Thats the problem when you have a greedy government. I'll bet soon that if you buy a V8 you will have to pay extra carbon tax!!

High income earners already pay more income tax, So why should they have to pay more on products above the standard 10% GST 10% is a lot of tax on $100,000.

One day speeding and other fines will probably be based on your salary tax bracket. Earn more then $100,000 a year, you can pay for your speeding fine plus and extra 50% tax. Would not surprise me at all.