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Aussies love the 911 so much they pay a US quarter million for one ....

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Old 02-22-2012, 01:10 AM
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Carrera GT
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Default Aussies love the 911 so much they pay a US quarter million for one ....

http://news.drive.com.au/drive/motor...222-1tmsd.html

Price for the 991 S are well north of AUD$250K and the Aussie dollar is about at parity with the USD give or take five cents.

ps.

Another red hot Ferrari ... yep, "smoke 'em if you got 'em" ... this one is FF-flaming expensive ...

http://news.drive.com.au/drive/motor...221-1tkeb.html

Old 02-22-2012, 12:15 PM
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Bill_C4S
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CGT - to be fair ~50% of that sticker price is a donation to the Aussie govt....which does rather like punishing lovers of cool toys.
Old 02-22-2012, 12:45 PM
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pratas
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Samething in HK due to the heavy tax for car.
My 991 order cost me HKD 2,352,396.65. It is around USD303,534.68. More than 50% is tax. Even every option I add need additional 110% tax.
Old 02-22-2012, 12:48 PM
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Originally Posted by Bill_C4S
CGT - to be fair ~50% of that sticker price is a donation to the Aussie govt....which does rather like punishing lovers of cool toys.
Ha! Funny to see the words "government" and "fair" in the same sentence. Though you could call it a 50% tax, it's really a 100% tax in the form of an importa tariff (originally designed to "protect" the local Aussie car makers selling their $10,000 and making some imported brands theoretically less likely to take over the local market.) Of course the governments of western countries have an unbroken record of snatching defeat from the jaws of victory and a relentless devotion to inviting unintended consequences. So the local makers are now extinct and the importers have chiseled out concessions and favors. The higher priced imported had the perceived value of being "better" and the importers carried higher profits while the locals were discounted as "domestic" ... meanwhile, the government took in its absurdly excessive tariffs, so why would they give up easy money for the sake of preserving local manufacturing jobs? The Aussie Government has been duped into letting the US expand their empire war machine onto Australian soil, they've let the corrupt bankers invade the financial borders without a single shot fired in defense of the country. The destruction of the Australian car industry is one of their lesser betrayals.
Old 02-22-2012, 01:37 PM
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Originally Posted by pratas
Samething in HK due to the heavy tax for car.
My 991 order cost me HKD 2,352,396.65. It is around USD303,534.68. More than 50% is tax. Even every option I add need additional 110% tax.
By far the highest income I've experienced was working for a big tech multinational while stationed in Honkers and later in Singers. The costs in both countries were eye-watering. There are pluses and minuses to living in California over the last decade or two, but the price of a great 911 has been one of the silver linings.
Old 02-22-2012, 02:06 PM
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aamersa
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Aussies and Hong Kong folk must have a lot of money to consider buying at that price. I for one would not buy at that price and would instead chose a honda.
Old 02-22-2012, 02:38 PM
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That Ferrari FF bursting into flames in Shanghai China was presented by an Auto reviews website as being a 840,000$ loss for the owner. I sent the website an email questioning that price,because I knew the FF doesn't cost more than 300K. Their answer was that it is not a mistake and actually the difference to 840K represents taxes in China...Wow!
Old 02-22-2012, 11:42 PM
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Originally Posted by aamersa
Aussies and Hong Kong folk must have a lot of money to consider buying at that price. I for one would not buy at that price and would instead chose a honda.
The tax is for every car not just Porsche.
I also bought SLK250 for my wife and Toyota Alphard at the same time and the price all over USD 100,000.00 for each.
Old 02-23-2012, 01:18 AM
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i drive a volkswagen because of these bloody taxes!!!!!
new 991s = > $300k otr with a few options.
Old 02-23-2012, 05:27 AM
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Based on the tax in Hong Kong, the 991 C2 Cab I built (on web) would cost me HK$2,233,925 or US$290K. Should I buy one and enjoy it for about 10 months a year or buy a turbo among other things in the US for just 2 months of pleasure?
Old 02-23-2012, 12:46 PM
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Aren't the two "cheapest" markets for Porsche the US and Russia?
Old 02-24-2012, 12:38 AM
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Originally Posted by Tacet-Conundrum
Aren't the two "cheapest" markets for Porsche the US and Russia?
As you indicate, "cheapest" is a complicated comparison of consumer durables ... if you were to take an average or median income, I'm guessing California is relatively damn cheap in the secondary market, but far from cheap on a first world comparison. Australia is not cheap even before the 100% tax. I have little doubt there are ~stan's around Russia where, relative to the affluent society net worth, well, their apetite for Rolls Royces in personalized cabin trim at half a million pounds suggests cars are "cheap" to them (even if the average income household in Russia still finds potatoes expensive.) Same for China -- the tiny fraction of their "1%" no doubt find a Porsche to be a trivial price tag. Still, the reigning champions of "how much for them, I will take them all" excesses in buying expensive cars as if they were trinkets and baubles must be the oil emirates.

Last edited by Carrera GT; 02-25-2012 at 03:32 PM.
Old 02-25-2012, 11:02 AM
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Look at Netherlands base price for 991S easy $225K with some options.. http://imp.porsche.com/netherlands/
They have sales 20% I think and luxury tax 37% I think. I love Florida 6% sales tax and no income tax..
Old 02-25-2012, 02:28 PM
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Be very glad you live in the US where highend cars like a Porsche are actually within reach of the middle class. As noted previously in this thread, much more extreme class wealth divisions as well as tariffs make Porsche ownership in most foreign countries a luxury only possible for the very rich. What is interesting is the US prices are even less than in Germany and we get a four year warranty to boot - proof of our purchasing power!
However, even considering our "discount", I'm not convinced a Porsche is any real bargain...
Old 02-25-2012, 05:36 PM
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Just saw a beautiful white 991s yesterday-fresh plates. I was admiring it and glanced at the driver, who looked like a teenager. That's how cheap cars are in the US!


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