The Corvette C7 Z51 Is $277,000 Where I Live

"123456" (ferrari) 10/08/2013 at 02:56 • Filed to: corvette.

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Yes, you read that correctly pal, TWO-HUNDRED-AND-SEVENTY-SEVEN-THOUSAND DOLLARS.

Fuck it. Damn luxury tax is killing us gearheads.

MtrRider Just Wants Doritos > 123456 10/08/2013 at 02:59

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How much does it cost to move to a free country?

And how does that compare to a 911 turbo, or Ferrari F12 Berlinetta or other car with comparable performance?

Anon > 123456 10/08/2013 at 03:07

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Where do you live? The seventh layer of hell?

123456 > Anon 10/08/2013 at 03:13

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I live in the last Communist state, aka Norway.

123456 > MtrRider Just Wants Doritos 10/08/2013 at 03:16

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F12berlinetta: approx $755,000

911 Turbo: approx $420,000

Yes I am moving asap, it's free. In Norway about 70% of your income is spent paying different taxes. Taxes are spent on sending money to corrupt leaders in Africa (one of them just bought a new $60 million business jet) Sponsoring the Hamas (government sent them over $35 million in funds last year), and paying for an over-bureacratised society.

Manuél Ferrari > 123456 10/08/2013 at 03:16

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What is that in US dollars?

Man that is terrible :(

Looks like classic cars is the way to go there (unless your emissions regulations kill that option like they do in Japan)

123456 > Manuél Ferrari 10/08/2013 at 03:20

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Yes, that is in todays USD. The C7 is 1.650.000 NOK. Classic cars are ok, after thirty years they are omitted from the one-time fee that kill great cars in our country. You still have to pay road tax and pay the enormous toll station fees though (almost $10 for getting through Oslo each time each way)

MtrRider Just Wants Doritos > 123456 10/08/2013 at 03:22

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That is insane. Some days I feel like the US is insane with taxes and government (and it is) but that sounds even worse.

123456 > MtrRider Just Wants Doritos 10/08/2013 at 03:25

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The thing is, a high tax level is somewhat okay if the government actually take car of things. In Norway, that isn't the case. Our roads are the worst and slowest in all of Europe. Albania has a higher average traffic speed than Norway. Our health care is horrible, people are dying because the health qeues are so long. The Norwegian student is among the dumbest in Europe. Math and science skills are basically among the worst.

Our police is under budgeted, their cars are so beat up in many areas they don't do police chases because the cars will actually overheat and break down.

Manuél Ferrari > 123456 10/08/2013 at 03:27

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Holy geez. I feel so sorry for you. That is WAY too much money for the new C7! What does the Veyron cost you, a billion dollars? :

Thank goodness you can buy 30 year old cars and not pay the enormous fees. The good news is that now that now you're almost 30 years past the Malaise Era! Soon you'll be able to buy cars from 1984 and 85 without paying the high taxes.

The 911 Turbos started getting pretty quick in the mid 80s :)

duurtlang > MtrRider Just Wants Doritos 10/08/2013 at 03:32

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I understand those prices suck, but keep in mind that you do get a lot in return. Norway scores #1 or near #1 when it comes to GDP per capita (twice as high as US), human development index, crime rate and many other issues. You might gain cheaper cars in another country, but you'll lose a lot too. Grass is always greener on the other side.

MtrRider Just Wants Doritos > 123456 10/08/2013 at 03:32

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That sounds like Detroit. FYI in Detroit the cops won't even respond to murder, theft, robbery in many cases.

Taxes that high on cars (luxury tax, you said?) are never ok. The government should never charge you more than the manufacturer for any product. Americans would riot.

123456 > Manuél Ferrari 10/08/2013 at 03:32

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The base Veyron (the one that came out like ten years ago ) with "just" 1001 hp was $2.2 million. I haven't bothered calculating prices on the newer versions. But you can probably add a million dollars or more to the price that other countries get them for.

MtrRider Just Wants Doritos > duurtlang 10/08/2013 at 03:35

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That should be true, but sounds like it may not be so great. Not to mention, about the GDP thing- if you can afford one of these in America, you're probably doing ok financially. The DGP per capita may be twice as high but the cars are 5.5 times as expensive.

Manuél Ferrari > 123456 10/08/2013 at 03:39

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What's funny is that the markup on the C7 is probably higher than the Veyron (in percentage terms).

123456 > MtrRider Just Wants Doritos 10/08/2013 at 03:45

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I agree, I think a tax level above a quarter of what I earn is unacceptable, hence why I'm moving. When I'm employed, I work for my own life, I don't work for the government. I think a 20% flat tax level is okay.

duurtlang > MtrRider Just Wants Doritos 10/08/2013 at 03:55

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Are all cars 5.5 times as expensive? I live in the Netherlands, and I just looked up the 'old' Corvette ZR1. Even before taxes it's priced over €100k (over $135k, 810k NOK). I imagine it's that expensive because of the tiny niche export market. In the Netherlands this specific car is roughly doubled in price due to gas guzzler taxes and VAT (€218k, $296k, 1766k NOK).

Yet, I could buy a VW Up for €8k after taxes ($11k, 65k NOK). According to the Norwegian VW site it's 'merely' twice as expensive in Norway. Funny language, that Norwegian. I can understand a lot of it just from my knowledge of Dutch, English and German.

MtrRider Just Wants Doritos > duurtlang 10/08/2013 at 04:06

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Well not all cars, only the Corvette C7 which in the US avoids the gas guzzler tax. $135,000 isn't much more than the C6 ZR1 costs here, either, although taxes in America vary by state. On a ZR1 in California you pay 7.75% tax, which is about $8k plus about $1500 for title and registration. The car itself is a little closer to $100k, so the taxes are expensive but not dream-crushing like some European countries. A base C6 coupe costs about $45k, and since they are taxed at the same rate you only pay $3550 to the state and under $700 title and registration. Fuck, now I feel lucky.

123456 > Manuél Ferrari 10/08/2013 at 04:12

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Rumor is VAG spent something like $2.5 billion developing the Veyron. And it's a fact that they lose $6.2 million dollars on each car they sell.

Goshen, formerly Darkcode > 123456 10/08/2013 at 05:29

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Good thing you're not in the European Union, eh?

Aya, Almost Has A Cosmo With Toyota Engine Owned by a BMW. > 123456 10/08/2013 at 06:58

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Nah.

Here in indonesia the Chevy even not bother to selling one in here.

The last corvette sold in here was the C3.

If you want to buy a sport car made by chevrolet in here, you only can buy a camaro for 130k.

123456 > Goshen, formerly Darkcode 10/08/2013 at 08:07

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At this time, yes indeed.

123456 > Aya, Almost Has A Cosmo With Toyota Engine Owned by a BMW. 10/08/2013 at 08:08

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Camaro is more in Norway. There isn't any official importer of Corvette's in Norway. Price listed is import price via import companies.

MouseFitzgerald > 123456 10/08/2013 at 09:20

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What terrible place is that?

123456 > MouseFitzgerald 10/08/2013 at 10:08

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A place called Nor(no)way.

Meatcoma > 123456 10/10/2013 at 13:50

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You send me 200,000 and I will buy 2 and probably the rest may cover for me to ship it to you to drive. I am only trying to help.

123456 > Meatcoma 10/10/2013 at 14:24

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Thanks. Will probably get pulled over within 2,5 minutes due to missing plates though...

OtizzleStarBai > 123456 10/10/2013 at 14:54

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Interesting. One of my closest friends is from Norway and he always has such great things to say about the country. Obviously this is only one factor in a host of others that I think one would consider in judging a country but this one is probably big enough for me!

I hear everyone over there is going nuts for Tesla Model S' - Over here (US) they're like 75k-100k ish? (too lazy to look up exact prices)

What do they go for over there? And do the citizens of Norway typically enjoy higher salaries on average than other countries? (i.e., how are they able to afford so many Tesla's if they're potentially so expensive?)

123456 > OtizzleStarBai 10/11/2013 at 05:31

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There are different people in every country. Your friends likes it here, that's great!

The high salaries in Norway is just a trick for the eye. Because our tax system is high relative to income, Norwegians aren't all filthy rich. Our taxes are so high so much of the income is spent paying tax. So in the there isn't much money left to spare.

Tesla's are selling well because until 2017 they are exempt from taxes (except annual road tax and 25% import VAT), don't have to pay toll charges, get to use the bus lanes and get free parking. A decently equipped Model S 85kWh (not the performance)is about $110,000 last time I checked. The people who mostly buy them are wealthy business individuals who don't want to sit in traffic jams to work (although the bus lane is getting clogged now too and the bus lane usage may be removed much sopner than 2017). In 2017 these treats will go away, and the cars will be worth nothing on the used car market.

OtizzleStarBai > 123456 10/11/2013 at 10:35

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So what you're saying is that if I want a Tesla, wait till 2017 and import one from Norway? :-)