Author Topic: Florida Finds  (Read 154578 times)

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Offline Shermatt

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Florida Finds
« on: August 20, 2009, 11:23:04 PM »
Just thought I'd share some finds

Drove past this yesterday dropping off Lee's parts for his 69 "Q" code

Its not a mustang but its a very scarce car.

Its a 2 door dato 1600 with a 12A N/A rotor engine with a 5 speed. Never been a big fan of rotars but from memory there worth about $20-$30k back home (dont hold me to that)

Guys asking $5500 and Im pretty sure Im gonna buy it as they hard to find (even in Japan) considering its allready converted with a rotar and 5 speed...the kids back home would love it.

If anyones interested in the chook cooker, drop me an email

Offline Shermatt

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Re: Florida Finds
« Reply #1 on: August 23, 2009, 02:00:58 PM »
1969 GT500 Asking $79,000   Added 1st Sept 2009






Offline jaythefordman

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Re: Florida Finds
« Reply #2 on: August 26, 2009, 06:23:00 PM »
Yeah 2 door datto 510 (1600) would be snapped up pretty quick here due to its rarity, even taking into account the 12a.

Offline Shermatt

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Re: Florida Finds
« Reply #3 on: September 02, 2009, 01:05:13 AM »
1970 Mach1 ProStreet project car. Fully rebuilt and FITTED 460 Big Block...Asking $10,000 (was asking $15 last week)





1970 Gt350 Asking $75,000




1970 Camaro Z28 clone asking $15,900


Offline Frank70

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Re: Florida Finds
« Reply #4 on: September 02, 2009, 07:53:17 AM »
Nice Shelbys Matt.

In a few years I want to bring over an investment grade car - not  ready yet. Out of curiousity, do you pay luxury car tax on those cars or just the usual duty and GST ?

Cheers,
Frank.

Offline Bumblebee

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Re: Florida Finds
« Reply #5 on: September 02, 2009, 11:03:14 AM »
I thought it was just GST for such an old car?  So (purchase price converted from US$ to A$, + all freight charges) x 1.1 for GST = full cost?

Cheers Bee
Cheers Bee

Offline Frank70

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Re: Florida Finds
« Reply #6 on: September 02, 2009, 11:34:37 AM »
Bee,

I thought you pay duty + GST from what I understand.  duty is 15% I thought, but I could be wrong. Then for cars over the luxury threshold (about $57k I think) you have to add the luxury tax as well.

Not sure how all the numbers add up. someone like Matt should have all the details , or there will be a govt website.

Cheers,
Frank.

Offline Bumblebee

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Re: Florida Finds
« Reply #7 on: September 02, 2009, 12:03:23 PM »
I asked a regular importer and reseller of these cars this question about 2 weeks ago and the answer I got (maybe restricted to these sorts of cars only) is what I wrote above (I hope!!!).  I could be wrong and have been many times.;}

Cheers Bee
Cheers Bee

Offline Frank70

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Re: Florida Finds
« Reply #8 on: September 02, 2009, 12:13:11 PM »
Bee,

Sorry, your guy is wrong - you pay duty, GST + LCT where applicable.

All info is here :

http://www.customs.gov.au/site/page.cfm?u=4371#duty

Cheers,
Frank.

Offline Frank70

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Re: Florida Finds
« Reply #9 on: September 02, 2009, 12:21:29 PM »
So on something like those Shelbys the tax is (assuming US $75 K) which is in about
A$ 90k

duty = 10 % = $ 9000

assuming $4k transport costs, then you pay GST on the total : $90k + 9000 + 4000 = $99k , so GST is $9900.

sub total is then $108900 - call it $109K

LCT is the taxed on the diff between $100k and the threshhold - $57k, so $52K.
LCT rate is Diff x 10/11 x 0.33 = 43000 x 10/11 x 0.33 = $15600

therefore your total taxes is $ 9000 + 9900 + 15600 = $ 34500 !!
I hope my maths is OK - I did some rounding here and there.

A lot !!!

Cheers,
Frank.

Offline dalex

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Re: Florida Finds
« Reply #10 on: September 02, 2009, 02:15:57 PM »
Hi Guys,

From the information I have from the  "Guide to the importation of privately owned motor vehicles or motorcycles" you do not pay customs duty on a vehicle over 30 years old. Google the words in " " and you can download the PDF.

The salt in the wound is that I believe you still have cough up state stamp duty for registration.


cheers

Dale

Offline Frank70

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Re: Florida Finds
« Reply #11 on: September 02, 2009, 02:56:19 PM »
Oops !

you are correct - sorry Bee. No import duty for our cars. LCT yes though.

Cheers,
Frank.

Offline McMustang

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Re: Florida Finds
« Reply #12 on: September 02, 2009, 03:13:31 PM »
how much you want for the dato :)

Offline McMustang

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Re: Florida Finds
« Reply #13 on: September 02, 2009, 03:20:15 PM »
the more i think about it the more i want that dato haha hmmmmmmmmmmmm

Offline PNY65

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Re: Florida Finds
« Reply #14 on: September 02, 2009, 06:09:58 PM »
Hi Guys,

While I am a Customs Officer, this isn't my area of expertise, but I did do some research and asked some questions today.

Short Answer? LCT applies to all cars bar a number of exemptions, age not listed as one of them.

Check out page 6/10.
http://intranet.customs.gov.au/goods/importing/reporting-items/documents/import-guide-privately-owned-motor-vehicles.pdf

PASSENGER VEHICLES OF AN AGE OF 30 YEARS OR MORE (vehicles thirty years or more old are subject to GST only):
Customs duty = None
GST = 10%
LCT: May apply. ;]

Call Customs (not me!) for the cost of a Local call 1300 363 263

Hope this clears it up.
Trystan


Offline rattusrex

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Re: Florida Finds
« Reply #15 on: September 06, 2009, 09:01:21 PM »
Whatever, it's still a rip off! LCT on a 30 year old car, what a joke.
Click Image For Larger View

Offline mach70

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Re: Florida Finds
« Reply #16 on: September 06, 2009, 11:02:09 PM »
Hmmmm even new our Mustangs were not "Luxurious" so to be charge a "Luxury Tac" is BS!

:+

Offline Shermatt

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Re: Florida Finds
« Reply #17 on: September 28, 2009, 10:22:32 PM »
Just found this 70 Mach1 351, 4 barrel, factory tach and A/C, auto. Needs body work and front floor pans.

Great project car. Guys asking $7500



Offline mustang-jerry

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Re: Florida Finds
« Reply #18 on: September 30, 2009, 11:08:58 AM »
Hey Matt
;2

Im interested in this one have you got anymore pic's

Thanks jerry

Offline Shermatt

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Re: Florida Finds
« Reply #19 on: October 06, 2009, 12:43:19 AM »
Jeremy, Having problems emailing to hotmail accounts so I thought I would post them for you.

1970 Mach 1 "H" code 351 2v, needs plenty of work by the pics. Needs a new carby as its running very rich






















I think the guy would let the car go cheaper from the look of it. If you could get it for $4-5k it would be a good little project...but thats all it is..a project car.

If your interested, gives a call

Cheers

Matt

Offline mach70

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Re: Florida Finds
« Reply #20 on: October 06, 2009, 01:25:16 AM »
Hello Bog Monster.......:+

Offline Shermatt

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Re: Florida Finds
« Reply #21 on: October 09, 2009, 08:06:37 PM »
65 shelby clone. Rebuilt 289 with a 5 speed asking $16500


Offline Shermatt

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Re: Florida Finds
« Reply #22 on: October 14, 2009, 08:15:36 PM »
The above car "Shelby Clone" is still for sale if anyone is interested




Just advertised last night a 1966 "A" code 4 speed numbers matching with Marti report. rally pac guages and fresh rebuild on 289 (300 miles), new tires, new exhaust with GT trumpets.......
asking $20,900 OBO


Offline Shermatt

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Re: Florida Finds
« Reply #23 on: October 14, 2009, 08:34:13 PM »
1990 Mercedes SL500 Roadster 112k miles $7990USD




Offline rickchampion

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Re: Florida Finds
« Reply #24 on: October 14, 2009, 08:37:10 PM »
dont see ur shelby here for sale dude lol

 

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