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nismo83

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Posts posted by nismo83

    50K 2Nd Hand R35's In Japan With $A At Record Highs Against The Yen

    in VR Series - R35 GTR, Juke-R

    Posted

    Actually...the SURPLUS from the Howard years... which so many people seem to go on and on about - do you know HOW this surplus was achieved...?

    Would you believe me if i told you between 70% - 80% of this so called surplus was achieved by selling off Australia's public assets...? including Telstra.

    Have a read of this interesting article: http://www.smh.com.au/opinion/political-news/hey-big-spender-howard-the-king-of-the-loose-purse-strings-20130110-2cj32.html

    And yes I do try to let facts get in the way :)

    gee nismo83 - I don't know why we aren't all listening to you and run the country with your 'qualified facts and figures' - which is based on your school opinion. That sounds like it's directly from the swan playbook.

    Let’s just ignore the elephant that was the surplus and is now deficit shall we, next we’ll be hearing that the increased tax I pay now is actually less, than the Howard government years…

    Back on topic, and as mentioned, there are a lot of influencing factors that affects the price we pay for cars here, but like some have already mentioned, the price of a new GTR is more than what a purchaser should pay.

    50K 2Nd Hand R35's In Japan With $A At Record Highs Against The Yen

    in VR Series - R35 GTR, Juke-R

    Posted

    Any muppet who says the 160k + price is justified if farked in he head

    There is a reason why t hey are called stealerships!

    When the gtr first cam out the yen was 100+ yen .... but they still priced the car on a 50 to one exchange rate

    Pretty sad when used(4 year old cars) gtrs are going for the price of what they should have been new

    Well there are a few things to consider there Fatz. Paying x amount for a GTR here in Aus compared to x amount elsewhere is comparing the proverbial apples with oranges.

    There's been some rather interesting debate recently about the prices we pay for the same goods here in Aus compared with the rest of the world. A local MP Ed Husic here in Sydney has been championing this cause for quite a while now. It does appear for some goods we are paying way too much in Aus....no doubt about that. ie the cost of software. But there are other goods where it seems we are being ripped off but the reality is the prices are rather justified. I'm not sure where the auto industry in this country sits but id say it's somewhere in the middle. Probably leaning more towards the 'justified' end though.

    When looking at the high cost of GTR's in this country - you need to remember:

    Economies of scale. I will give you Australia vs USA as an example here to make things easier.

    Just say for every 1 x Nissan GTR sold in Australia it equates to around 15 GTR's sold in the USA....

    Theoretically - if a dealer in the US sells 15 GTR's per month at a net profit of $10k for each car sold this works out to around $150k total profit made on GTR sales for that month.

    Based on the above profit margins - a Nissan dealer here in Australia will have to make do with $10k per month in net profit for GTR sales. Hence why you would expect the Aussie dealer to jack up their prices to say something like $20k or even $30k profit per vehicle.

    You need to also consider wages here in Australia are generally higher. That means the guy selling you the car in Australia makes more money than his counterpart in America. The salesguys manager would theoretically have a higher salary also. The salesguys managers manager....and so on and so on. Heck... even the person hired to clean the windows of the dealership in Australia is making atleast $16 per hour (minimum wage) compared to the (roughly) $7 his/her counterpart is making over in the USA. You can also conclude the rent being paid by the dealer is generally going to be higher.

    Some of these costs may not seem to be alot - but they all add up.

    So when you think about it.. the high cost of living here in Australia does have something to do with price you pay for a GTR.

    If you prefer to pay $90k or so for a brand spanking new GTR - then by all means move over to the USA. But i also hope you are prepared to take a substantial hit to your pay packet (average median incomes in USA are about half of what they are here in Australia).

    So i think alot of us need to take the emotional aspect of what we pay for "most" goods here in Australia and balance it out with some rational thinking.

    50K 2Nd Hand R35's In Japan With $A At Record Highs Against The Yen

    in VR Series - R35 GTR, Juke-R

    Posted

    "EXACTLY the implications"? Sounds like your crystal ball is much better than mine. As far as sitting in on one of your classes, I couldnt think of anything more boring and rhetorical, especialy considering you firmly believe Dumb and Dumber saved us from a recession.

    'Exactly what the implications would be' were my words. I can pretty much guarantee it would be a futile exercise by the RBA and one which would undermine the rest of the Australian economy. At the moment the Aussie dollar might 'seem' high - but considering the strength of our economy vs the rest of the world the Aussie dollar is probably at a level where you would expect it to be.

    50K 2Nd Hand R35's In Japan With $A At Record Highs Against The Yen

    in VR Series - R35 GTR, Juke-R

    Posted

    Is that you Tony Abbott...?

    Wardski....without being too disrespectful...mate your grasp on basic economics is WOEFUL to say the least.

    I'm not sure what you do for a crust....but it's prob best to leave your Liberal party propaganda at home. Let me guess...you read a few News Ltd 'articles' and believe whats written..?

    Ummm....you're more than welcome to sit in in one of my classes over the next few weeks as i will be discussiong EXACTLY what the implications to the rest of the macro economy would be if we were to devalue the aussie dollar.

    First of all that redhead you refer to....as much as i dislike her personally.... along with who i call Mr Numnuts (our current treasurer)...actually kept us out of what would mostly likely have been a mild recession. Note - i actually detest both the Liberal and Labor parties. But i do prefer to give my students qulaified facts and figures and not just random bullshit coz its just my opinion.

    Secondly as Domino mentioned above stamp duty, LCT and GST do have a major part to play in what we pay for cars like the GTR here. Exchange rate fluctuations also play a role.....but not as bigger role as you may think. Car companys generally "insure" themselves against these by hedging. There are many other factors which are taken into account when setting the australian retail price for a high performance car like the GTR. Actually....this goes for most imported goods into Australia.

    Thirdly there are HUGE structural changes going on in Japan. Rising commodity prices, an aging population which means a shrinking labour market, and a 200%+ debt to GDP ratio are just some of the challenges facing Japan right now. Just because Japan devalue's their currency doesnt mean Australia (nor the rest of the world) will follow.

    The problem with the devaluation of the Yen is that come Election time and the LNP retain power from the red haired muppet, there will be no choice but for the new Government to do the same thing here in order to avoid a full on recession. The preferred basis point for the AUD is around the USD$0.75, and I have no doubt this is where we will be same time 2014.

    While I'm working the magic ball, any devaluation of the Yen will be short lived and offset by the devaluation of the AUD and thus there will be no change in the fully imported jap car market from what we see today.

    Many countries watch what Japan Inc does (including Australia). Japan has already suffered through tougher times than many and they've learnt the hard school of knox way to good economic policy.

    S14 200sx - Urgent Sale

    in For Sale (Private Whole cars only)

    Posted

    sheeeshh...how slow is the market at the moment... had quite a few (low ball) offers... but not really prepared to go below $10k.

    had quite a few different offers of swaps aswell.

    anyway i may broaden my list of cars i may be interested in perhaps swapping.

    my brother is currently in the market to buy a lancer gsr 4wd turbo (93-95 model) or a wrx (98-00 model)....so if anyone has one of these cars and is interested in swapping please let me know wot u have (my brother can have the car and pay me the cash)

    preferably if ur in the sydney area.

    also if u have something else (no utes unless it is a Hilux)....and it is around $10k mark... or below... (we can discuss cash difference)..... then please let me know what u have....and ill see if we can work something out.

    having my brother in the market looking for a car may be beneficial (he is only interested in 4wd turbos though unfortunately for me)

    S14 200sx - Urgent Sale

    in For Sale (Private Whole cars only)

    Posted · Edited by nismo83

    hey guys.....looks like my last post a few days ago went missing with the SAU server maintenance.

    haven't been online for a few weeks as we've just moved house.....so all pm's have now been replied to...and ive added a few pics. i shall have internet access from now on so i will be able to reply to queries/requests alot quicker.

    cheers.

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