" " (a7rrows)
07/18/2018 at 11:44 • Filed to: None
1
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" " (a7rrows)
07/18/2018 at 11:44 • Filed to: None | 1
| 10 |
So soon. I wonder if it will be at a loss or a profit.
I imagine it will be on the market for a while.
https://www.carsales.com.au/private/details/Rolls-Royce-Silver-Cloud-1958/SSE-AD-5492809/?Cr=4
Takuro Spirit
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07/18/2018 at 11:54 |
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Hmm, he built it for a client in Australia who wanted something to show up his buddies with thier perfect condition Rollers... guess that plan didn’t quite work out. Or he got his lols out of it and wants to move on.
functionoverfashion
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07/18/2018 at 11:54 |
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My favorite part is the automated financing quote at the bottom:
Yours for just $12k/mo for 60 months!
Berang
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07/18/2018 at 11:57 |
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Jokes on him if he put even close to $290,000 into that piece.
HFV has no HFV. But somehow has 2 motorcycles
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07/18/2018 at 12:09 |
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I know icon builds aren’t cheap by half a million seems steep
Oh that in $ AUS, kangaroo dollars are lik like 75 cents USD. That’s still 435,00 USD
CarsofFortLangley - Oppo Forever
> functionoverfashion
07/18/2018 at 12:54 |
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Deal!
Nom De Plume
> HFV has no HFV. But somehow has 2 motorcycles
07/18/2018 at 13:36 |
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Your math doesn’t take into account import taxes over there effectively double the price. Real US dollars is half your estimate or roughly $215K. This is called being underwater on a vehicle.
punkgoose17
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07/18/2018 at 14:22 |
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CP. I saw it no longer has the Rolls engine and stopped the video.
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> Nom De Plume
07/18/2018 at 21:57 |
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That tax would only apply to a brand new vehicle though. As far as I can remember this was already a n Australian car that was shipped to Icon in the US and then shipped back.
N ot a cheap exercise still, but I’d say he’s overcharging it.
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Nom De Plume
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07/18/2018 at 22:50 |
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Your grasp of international tax/import/duty is in need of a thorough makeover. For instance, as a Canadian citizen you cannot bring new or used goods of any value into the country without paying a significant tax based on valuation. I can wholeheartedly assure you an island nation in the middle of nowhere far surpasses your calculated response to how much the owner would need to recoup.
My number was merely a guess based on cost of acquiring vehicle and valuation after ICON coachbuilding expressed in theoretical US dollars. Nobody in the US would pay over $400K. Someone in Australia would expect to based on the factors that lead to it existing on their shores legally.
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> Nom De Plume
07/19/2018 at 00:05 |
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I live here. Don’t attack me by trying to explain Australia as a concept to me, or by using examples that don’t relate to the point I was making. I know what import taxes are.
You wouldn’t pay an import tax a second time because it
already was
an Australian registered, documented car.
If we’re going to be using instances, then: For instance, If I went overseas and bought an expensive watch, I would be legally required to pay duty on reentry. If I bought the same watch here, its duty will have already been paid and I can travel in and out with it as many times as I want, and I will not be taxed.
I can speak less to the situation in the US, but I know that this particular car was not imported for the purpose of being registered and used in the US. Most countries, allow for duty-free use of a car temporarily on its shores. The US is no different. You wouldn’t (for instance) pay an import tax for a day trip across the border into from Canada, would you?
I don’t know what the second part of what you’re saying means. But in any case, the highest cost of this exercise would have been in logistics and not tax. Its asking price is a reflection of the car’s exclusivity and fame, and not the fact that it’s here legally at all.