Florida Finds

[Shermatt]

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

[Shermatt]

1969 GT500 Asking $79,000   Added 1st Sept 2009

[jaythefordman]

Yeah 2 door datto 510 (1600) would be snapped up pretty quick here due to its rarity, even taking into account the 12a.

[Shermatt]

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

[Frank70]

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.

[Bumblebee]

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

[Frank70]

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.

[Bumblebee]

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

[Frank70]

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.

[Frank70]

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.

[dalex]

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

[Frank70]

Oops !

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

Cheers,
Frank.

[McMustang]

how much you want for the dato :)

[McMustang]

the more i think about it the more i want that dato haha hmmmmmmmmmmmm

[PNY65]

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

[rattusrex]

Whatever, it's still a rip off! LCT on a 30 year old car, what a joke.

[mach70]

Hmmmm even new our Mustangs were not "Luxurious" so to be charge a "Luxury Tac" is BS!

:+

[Shermatt]

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

[mustang-jerry]

Hey Matt
;2

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

Thanks jerry

[Shermatt]

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

[mach70]

Hello Bog Monster.......:+

[Shermatt]

65 shelby clone. Rebuilt 289 with a 5 speed asking $16500

[Shermatt]

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

[Shermatt]

1990 Mercedes SL500 Roadster 112k miles $7990USD

[rickchampion]

dont see ur shelby here for sale dude lol