Brand new Monaro - $31000

Fordmuscle1965 · 06-06-2007, 01:03 AM

Was looking on yankie Ebay, looked in pontiac section and they are selling most brand new 2007 monaro/gto's for only $26995.00 US/$31000.00 AU. How do they manage to sell them for that price when over here they are double that. Transporting them over there must be a not for profit exercise. I know they have a couple more direct competitors but that seems very cheap.

Steffo · 06-06-2007, 01:19 AM

Quote:

Originally Posted by Fordmuscle1965

Was looking on yankie Ebay, looked in pontiac section and they are selling most brand new 2007 monaro/gto's for only $26995.00 US/$31000.00 AU. How do they manage to sell them for that price when over here they are double that. Transporting them over there must be a not for profit exercise. I know they have a couple more direct competitors but that seems very cheap.

It's called tax. Australia is overtaxed for cars. That's the reason a BMW M5 costs $225,000 here and $80,000 in the USA. Or a 911 Turbo is $327,000 here and $122,900 in the USA. We get burned badly by our Government.

ltd · 06-06-2007, 07:37 AM

Quote:

Originally Posted by Steffo

It's called tax. Australia is overtaxed for cars. That's the reason a BMW M5 costs $225,000 here and $80,000 in the USA. Or a 911 Turbo is $327,000 here and $122,900 in the USA. We get burned badly by our Government.

Exactly, and that is also why 4wd have become so popular because they are classified as a commercial vehicle and attract a lower tax (I think it's import duty).

XplosiveR6 · 07-06-2007, 09:37 PM

Quote:

Originally Posted by Steffo

It's called tax. Australia is overtaxed for cars. That's the reason a BMW M5 costs $225,000 here and $80,000 in the USA. Or a 911 Turbo is $327,000 here and $122,900 in the USA. We get burned badly by our Government.

Does America offer you a Medicare plan where you don't have to pay for most medical treatment? Do they offer a Doll when you are unemployed? etc etc you get what you pay for. life isn't just about cars

perrys · 06-06-2007, 01:24 AM

Steffo, what r u talking abt?? GTO is made in Oz, and u r comparing it to Euro imports?

Steffo · 06-06-2007, 01:35 AM

Quote:

Originally Posted by perrys

Steffo, what r u talking abt?? GTO is made in Oz, and u r comparing it to Euro imports?

Because domestic cars get taxed too?

:

Lagom · 10-06-2007, 11:27 PM

Quote:

Originally Posted by Steffo

Because domestic cars get taxed too?

:

10% GST.

Tax doesn't explain the significant difference!

Lagom · 10-06-2007, 11:29 PM

Quote:

Originally Posted by Lagom

10% GST.

Tax doesn't explain the significant difference!

PS, LCT won't explain the Monaro differential either ;)

Steffo · 11-06-2007, 05:15 AM

Quote:

Originally Posted by Lagom

10% GST.

Tax doesn't explain the significant difference!

Every new car in Australia that retails for over $57,009 is subject to Luxury Car Tax. Nothing is exempt.

Lagom · 11-06-2007, 09:52 AM

Quote:

Originally Posted by Steffo

Every new car in Australia that retails for over $57,009 is subject to Luxury Car Tax. Nothing is exempt.

Didn't deny that ;)

The price in the US quoted by the original poster is AUD $31,000.

A CV8 Z Monaro had a RRP of AUD 60,490 back in 2005, which includes $5499.09 of GST.

Want to know how much Luxury Car Tax is in there?

$60490 - LCT Threshold = LCT Taxable Amount
= $60490-$57009
= $3481
less GST
= $3164.55

LCT Amount = LCT Taxable Amount less GST x 25%
=$3164.55 x 25%
=$791.14

I'm sorry, a 10% GST of $5499 and a LCT of $791 do not explain a price differential of $29,490!

perrys · 06-06-2007, 01:26 AM

GM is the king of rebadging n .... DISCOUNTING! So no surprise there, I heard they were even giving $1000 USD discount on a brand new Buick SUV early this year which wasnt even on sale...

exrtnz · 06-06-2007, 01:29 AM

Thats a crazy amount of tax! But it is the same in nz too, governments way of making money from quality cars.

marcosambrose · 06-06-2007, 02:18 AM

Im guessing GM would subsidise Holden for the GTO's because of the higher demand over there for the Monaro/GTO. (Or hoped demand haha)

Tis true, the US does get cheaper cars, but Steffo i believe you missed the point that the M3s in the US are made in the US. We get the German ones...

Im 90% sure im correct on that point, clarification anyone?

Steffo · 06-06-2007, 02:25 AM

Quote:

Originally Posted by marcosambrose

Im guessing GM would subsidise Holden for the GTO's because of the higher demand over there for the Monaro/GTO. (Or hoped demand haha)

Tis true, the US does get cheaper cars, but Steffo i believe you missed the point that the M3s in the US are made in the US. We get the German ones...

Im 90% sure im correct on that point, clarification anyone?

No M or AMG or Audi S-Line (RS4 etc) vehicle is made outside of Germany.

kooky · 06-06-2007, 07:12 AM

Volume of cars as well, when they first exported monaro's to the US they imported 16 or 17,000 of them IIRC, how many sold here in total in that same year?

I doubt it was anywhere near that amount sold in total in aus.....or I could be way off the mark!!

Ghiadude · 06-06-2007, 08:59 AM

m5=$80000 now how many people would buy an aussie car if that were to happen??

Nikked · 06-06-2007, 10:21 AM

Quote:

Originally Posted by tx3dude

m5=$80000 now how many people would buy an aussie car if that were to happen??

Plenty

XF GHIA · 06-06-2007, 11:31 AM

Quote:

Originally Posted by tx3dude

m5=$80000 now how many people would buy an aussie car if that were to happen??

I would only buy an aussie car..

flappist · 06-06-2007, 12:02 PM

Quote:

Originally Posted by tx3dude

m5=$80000 now how many people would buy an aussie car if that were to happen??

A suspect quite a few because a new GT would only be about $30,000 and a Kia about $5000.

But then as there would be no roads you would be far better off with a 4WD.

Steffo · 06-06-2007, 03:50 PM

Quote:

Originally Posted by tx3dude

m5=$80000 now how many people would buy an aussie car if that were to happen??

Plenty, just different people. People buying GT's now would be buying M5's. People buying Camry's now would be buying GT's.

Flouro_Joe · 06-06-2007, 04:18 PM

Quote:

Originally Posted by Steffo

Plenty, just different people. People buying GT's now would be buying M5's. People buying Camry's now would be buying GT's.

But they can barely drive Camry's how would they park a GT?

Wally · 06-06-2007, 05:04 PM

471 miles on the clock means it has been used for something.

buickman · 06-06-2007, 08:26 PM

Quote:

QUOTE=Wally]471 miles on the clock means it has been used for something.

When I was over in the states in March this year there was a couple of Monaro's (GTO'S) for sale that were demos with the 6L mtr under a 1,000 miles on the clock for under $30,000 US. Not a great seller over there but lookes better than most of their domestic cars.

Homer1 · 08-06-2007, 09:24 AM

Quote:

Originally Posted by tx3dude

m5=$80000 now how many people would buy an aussie car if that were to happen??

M5s are $US82000 which is around $98000 AUD. Still less than 1/2 our price!!

Flouro_Joe · 06-06-2007, 12:10 PM

We get RIPPED OFF and I never stop hearing about how Australia is the best place to live, I 'spose it is if you are a politician and get everyhing laid on for life,

Fordmuscle1965 · 06-06-2007, 12:25 PM

heres a link for the car I was Talking about.

http://cgi.ebay.com/ebaymotors/Ponti...QQcmdZViewItem

Flouro_Joe · 06-06-2007, 01:09 PM

Quote:

Originally Posted by Fordmuscle1965

heres a link for the car I was Talking about.

http://cgi.ebay.com/ebaymotors/Ponti...QQcmdZViewItem

I cannot understand why some people have a reserve AND a buy it now price??? What a waste of 10 bucks! (reserve fee)

nommic · 06-06-2007, 12:29 PM

Quote:

Originally Posted by Flouro_Joe

We get RIPPED OFF and I never stop hearing about how Australia is the best place to live, I 'spose it is if you are a politician and get everyhing laid on for life,

I'd rather pay more to live in Australia, than live anywhere in America.

sleekism · 06-06-2007, 12:34 PM

Actually from what I've read the reason the Monaro is cheap in America is that to compete with the bargain priced Mustang GM lost money on the Pontiac GTO and hence Holden lost a lot of money.

I'm pretty sure they had a locked exchange rate for 1 Australian dollar buys 60 US cents so as to save the program from currency fluctuations but since the Australian dollar increased it meant that in reality the Holdens bought over here were subsidising the Pontiac GTO's bought in the US if you can believe it.

But even after all the subsidising the Pontiac GTO just couldn't compete with the Mustang and was a relative flop (see there are some advantages of having a live axle and a V8 shared with SUV's).

Cop that Holden lol lol lol

Bossxr8 · 07-06-2007, 07:13 PM

Quote:

Originally Posted by sleekism

Actually from what I've read the reason the Monaro is cheap in America is that to compete with the bargain priced Mustang GM lost money on the Pontiac GTO and hence Holden lost a lot of money.

I'm pretty sure they had a locked exchange rate for 1 Australian dollar buys 60 US cents so as to save the program from currency fluctuations but since the Australian dollar increased it meant that in reality the Holdens bought over here were subsidising the Pontiac GTO's bought in the US if you can believe it.

But even after all the subsidising the Pontiac GTO just couldn't compete with the Mustang and was a relative flop (see there are some advantages of having a live axle and a V8 shared with SUV's).

Cop that Holden lol lol lol

Bingo. Holden got screwed by the sharp rise in the Aussie dollar before the GTO went on sale. Americans shunned them anyway cause it was an imposter that wasn't worthy of wearing the GTO badge, and they thought it looked way too soft and rounded to be a real muscle car.