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Import Prices, whats the go?

ookami

By ookami,
in General Automotive Discussion

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ookami Experienced

ookami

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Whats the go with import prices atm? Espically GTRs, some of them are cheap as chips and still they seem to be forsale still!! Its crazy. You see R34 GTRs for a low 60grand, i remember just a few years ago they were like 80 grand+. What changed? Did the sudden influx in 15 y.o imports cause this? If so how come so many people ask 25 grand+ for a 15 y.o R32 gtr, yet I've seen R33 GTRs on this forum for as low as the low 30s, yet they still have troubles selling them. What changed in such a short time?

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Tommyk Veteran

Tommyk

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The reason for this -> more imports are coming in to Australia.

As a result, we have plenty of cars, and plenty of sellers. Because of the 15 year rule, we had something like 15-20000 cars come in last year, and that has REALLY affected the market.

A lot of the cheaper vehicles (in terms of the 33 GTR's) are crap, high km/thrashed examples.

You can import a 99 34 GTR for as little as $55k

ookami Experienced

ookami

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yeah but still I kind of feel for some people who paid 60 odd grand for a r33 gtr just 3 years ago and now you would be hard pressed to get high 30s for it unless you'd modified it a fair bit.

My question now is seeing there are so many R32 gtrs on the market right now why do they still ask high 20s low 30s for them? After all most of them are a damn old car now and are showing their age it some ways.

so its the sudden influx in importing that caused this? Is it the 15 year rule? Cause when i imported my R33 just a few months back Compliance were ringing me up asking if my car was ready cause they getting quiet on work.

fresh Rising Star

fresh

Posted
Posted

i think u'll find most people bought the car at the time and have had an awesome time in it since then, aren't really worried about this, times change and so do car prices.......

and i dunno about everyone else but i buy a car with the intent of keeping it for ages, not as a 2-3 yr phase

dangerous_daveo Grand Master

dangerous_daveo

Posted
Posted
something like that, since hte rule was introduced.

 

Figures could be off by a few thousand each way, but you get my point.

 

SEVS cars are quite low volume imports

What, since 15yo rule was introduced? Wasnt it YEARS and YEARS ago? So 20 000cars isnt that many over that space of time. But if it was just last year, yeah, thats a heapo cars.

predator Grand Master

predator

Posted
Posted
ecause of the 15 year rule, we had something like 15-20000 cars come in last year, and that has REALLY affected the market

:bs!: there are not that many new 15 year cars on our roads, come on.. If there was that number they would be everywhere.

I'll be lucky to see any R32 in one given day, never mind a cefiro or any of the others.. it's possible there are a large number commercial vehicles, 4WD or something like that getting around I wouldn't have noticed - but not your general "sports type" import.

and i dunno about everyone else but i buy a car with the intent of keeping it for ages, not as a 2-3 yr phase

You'd probably be the rarity.. I'd say about 90% sell their import within the first 12-18 months of ownership. Some are lucky to see out even 6 months. There are not many "long term" import owners out there, who have owned the same car for more than about 2 years.

Tommyk Veteran

Tommyk

Posted
Posted

predator - I agree with your points about people keeping their imports.

The shortest I kept mine for wouldve been about 3 months. The longest about a year.

You are wrong about not seeing R32's etc around. Keep in mind there are a shitload that are still for sale, many are still at the docks here and in japan. You not only have 89 model skylines, but also 180sx, silvias, and other stuff like older pajero's. vans, porsches, etc. And other stuff that has come in from the states and europe etc, would also be classified under the 15 year rule.

So ultimately, yes, there are a shitload of older cars on our roads now. 15-20000 cars isnt really that much considering there probably would be around 10 million registered cars on our roads ?

NAman Collaborator

NAman

Posted
Posted

I think the prices people are asking for R32 GTR's is a little excessive, 30K+ for a 89 model (with some mods) while you can pick up 92-94 for high 20's. People can no longer expect to get that kinda of money due to rise in supply which is slowly meeting demand.

15 year rule has brought down prices which is a good thing if you are buying but if bad if you selling...

If the 15 year rule was to remain "open" for another 2years we could all get Series 6 RX-7's for 20k and less!!! It would be just like the R32 GTR's massive influx, prices go down and heaps of kick ass rotors going around.

Without the 15 year rule most of us would still be driving (or thinking) VL-T or cordia's and imagine the prices of WRX's or even GSR lancers (GSR's still overpriced in my book).

Shame that the rule will change but at least their will be heaps of parts available, tuning packages and know how out there

My 2 cents

Tommyk

Where can i pick up a R34 GTR for 55k?

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