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School me:
The prices they are asking/getting for these cars is insane. What's the deal? |
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Registered
Join Date: May 2004
Location: Lake Cle Elum - Eastern WA.
Posts: 8,417
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Huge rust issues in the UK.....Salt air, damp, and not everyone has a garage...Not many old 911's left w/o importing.
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Bob S. 73.5 911T 1969 911T Coo' pay (one owner) 1960 Mercedes 190SL 1962 XKE Roadster (sold) - 13 motorcycles |
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Get off my lawn!
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Because they are worth it!
I am only slightly prejudiced since I own one. I will let my 85 Carrera go for 75K
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Gon fix it with me hammer
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They drive on the wrong side of the road, thus RHD cars are more limited?
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Stijn Vandamme EX911STARGA73EX92477EX94484EX944S8890MPHPINBALLMACHINEAKAEX987C2007 BIMDIESELBMW116D2019 |
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Fleabit peanut monkey
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Quote:
I do remember that when the pound was pretty strong vs USD (Not twice as expensive but similar to today 1.4-1.5) The new UK 911's were the roughly the "same" price in pounds as the price in dollars in the US. Ouch.
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1981 911SC Targa |
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Mark
Join Date: Sep 2017
Location: Auckland NZ
Posts: 67
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There are many reasons.
Supply and demand. Rust as previously mentioned on original UK cars. Freight Tax Example,, I live in New Zealand. If I buy a $100k USD car out of the States I then have to pay $4k USD to freight it, $1k USD to insure it then when it arrives I pay Customs costs $1k USD and then Import tax of 15% of the total $106k = $16k USD making a total of $122k USD Way of the world,,, death and Taxes. Oh and if I want to make 10% profit the sale price will be $134k USD This is also the reason why you rarely see offshore cars being bought by US purchasers and one of the reason a lot of your US cars are disappearing offshore Mark Last edited by NZVW; 04-12-2018 at 01:41 PM.. |
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Registered
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Value of the dollar vs the pound......
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Gon fix it with me hammer
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Quote:
Most New Porsches are sold in the US Y'all have the PCA, and the dealer network. a New Porsche is cheaper over there then here because of the sales network and the fact that there is more pressure. Maybe not the Caymans as much, but a 911 new, is more expensive in Europe.. the margin must be huge to Porsche so they can take off more in the US in Europe for instance, there is no such thing as Advertisements for Porsche. Never. it's beneath them. There is no big PCA to pressure Porsche into doing anything, each country has it's own clubs but they are not unified like PCA There is no dealer network like in the US, every dealer here, is Porsche owned. Porsche makes sure there are NO discounts I think they surgically alter the sales goons prior to putting them in a showroom. So the bigger volume is in the US it's already cheaper when new. Now the 2nd hand cars get imported, but that's a business. Few of them get bought privately in the US and then shipped over. A lot of them get bought up by cardealers, and brought back here. Obviously they wanna make a buck on top of the import taxes and costs.
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Stijn Vandamme EX911STARGA73EX92477EX94484EX944S8890MPHPINBALLMACHINEAKAEX987C2007 BIMDIESELBMW116D2019 |
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Registered
Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,774
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Maybe I should send my one back to the UK.
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Registered
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Big historic rally car scene in the UK and early 911 are very populat for that branch of motorsport, so prices for those cars have gone crazy just as they have for mark 1 and mark 2 Ford Escorts
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1986 924S bought new. Now used for AutoX and street. Chipped, throttle cam, highflow filter in original airbox/snorkel, 14mm rear sway Hyundai Ioniq hybrid daily driver Vindicator Vulcan V8 spyder, street legal sports racing car (300hp,1400 lbs kerb weight) used for sprints on circuits, and hillclimbs |
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Registered User
Join Date: Mar 2018
Posts: 2
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We see it first hand. 80% of the export is done by businesses/dealers overseas. Rest are private buyers who found their dream car in the US and are having us transport it overseas.
Other cars are in the same boat, as you can see here: https://www.wcshipping.com/blog/top-10-classic-cars-exported-from-the-usa-in-2016 |
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