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Prices in other countries...wow

KBMWRS

KBMWRS

sad
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So a friend in Ireland (Declan logon here will ya) sent me a mess of Brit car magazines. Of course like all auto mags they are full of club's, individual's and show's cars along with adverts for American and European classics.

Well I haven't been converting all the car ads to US$ but one caught my eye.

1968 Ford Mustang Fastback 390CI V8, Manual, Highland green, Power steering......59,950 or $92,533 :ep
 
Wow, that's quite a bit for a fastback. I mean I get that 390 is rare, but crap, thats GT-500 or Bos 302 price here.
 
"KBMWRS" said:
So a friend in Ireland (Declan logon here will ya) sent me a mess of Brit car magazines. Of course like all auto mags they are full of club's, individual's and show's cars along with adverts for American and European classics.

Well I haven't been converting all the car ads to US$ but one caught my eye.

1968 Ford Mustang Fastback 390CI V8, Manual, Highland green, Power steering......59,950 or $92,533 :ep
Click to expand...

Friend in Ireland i hear you say???? A Mustang owner? Where is he from? We are a rare breed over here in Ireland.

That ad for the 68 390 is prob some dreamer....take it with a bucket of salt....

This would be more realistic for this side of the Atlantic...these are even high for the current market.

69 GT350 £48k ($75k)
http://www.pistonheads.com/sales/1423211.htm

67 Conv. £24k ($35k)
http://www.pistonheads.com/sales/1465930.htm
 
Declan lives near Clonmel (sp?)....he has a Highland Green 68 Fastback with Shelby side scoops. Its on the road but like all of us it is still getting improvements.
 
Many years ago I did a bunch of importing and exporting of cars to European countries. The reason was for exactly that - the price difference was very high. The laws were different then also.
These days the shipping is much cheaper in comparable $$$, but like you all probably know it's definately worth being at the car to check it's condition. I think this is what drives the varience in values.
 
"KBMWRS" said:
Declan lives near Clonmel (sp?)....he has a Highland Green 68 Fastback with Shelby side scoops. Its on the road but like all of us it is still getting improvements.
Click to expand...

Clonmel is about 1.5 hours from me. I must look out for him at the summer shows.

How did you meet him?
 
I always liked the Bullitt movie and the car hence my S-Code and in researching I found Wolfgang Kohrn's great website about all things Bullitt. Got to befriending Wolfgang and help out when he needs local SF info concerning Bullitt. Well then he sends guys that plan on visiting SF my name so I can show them around the movie locations in the chase scene. So far I've taken three couples (guys and their wives/friends) from overseas on the tour. Declan was in the process of restoring his fastback and we have kept in touch. Helps that I'm first generation Irish I guess.

One of these years I'll visit the homeland and drop in on you and Delcan. :vic
 
Its not just the exchange rate.
The perspective to use is the local income.
I get the horrors when i see US prices compared to OZ for new cars.
A new Ford/GMH/Toyota family sedan will set you back about 36k AU, but that is 36 weeks pay for the average income earner.
What is the relative comparison in the US?
As far as old cars go the prices here are highway robbery, but are also cheaper than 15 years ago.
If i was to sell Frankenstang today it would be listed at 25K AU (about 21k USD).
I think in the US it would list at 6-8k tops
I just wish i could get the princess into a 2010 Mustang for less than 120k AU, but 5k shipping, 39k RHD conversion cost, 10% GST & luxury car tax wont see that happen soon
 
Owning a mustang here in europe is way more expensive that in the states.Even now when the EURO/DOLLAR exchange rate is in our favor.
Nowedays we pay the dollarprice times 1,5 to have the europrice for each part we buy overseas.
So a gascap listed at $100 , we pay about 150€
Before the crisis it was times 2 , so the gascap would cost us here in Europe about 200€
In 1993 i bought a rotten 67 convertible for 6000€ or $6000 or owedays $9000.
Just to give you an idea.
 
"B67FSTB" said:
Owning a mustang here in europe is way more expensive that in the states.Even now when the EURO/DOLLAR exchange rate is in our favor.
Nowedays we pay the dollarprice times 1,5 to have the europrice for each part we buy overseas.
So a gascap listed at $100 , we pay about 150€
Before the crisis it was times 2 , so the gascap would cost us here in Europe about 200€
In 1993 i bought a rotten 67 convertible for 6000€ or $6000 or owedays $9000.
Just to give you an idea.
Click to expand...

But is that because you bought the car over there, from a buyer who is already out the price of the car, shipping, taxes, etc and is hoping to get all the money back out of it?

Say I lived in another country and I buy a classic stang in the states for 10K, its worth the money, HOWEVER, by the time I get the car transported to the shipping docks, shipped to my home country, pay taxes, fees, etc. I've tacked on another 5k. The value of my 10k car has not increased by 5k, I just have more money sunk into it. Now if I were to try and sell it, I would try and sell it to someone in my country that knows what it would cost to import the car and is willing to pay the premium price of my 10K car.

I'm sure when the owner of nick's E-car realizes what a POS he bought, he will try and resell it in HIS country and add the costs he incurred into the price.
 
"scedd" said:
The cars price is not the worst bit, its the price of parts that kills here.
Click to expand...

That is what i meant.Although you have to pay the price of the car plus shipping plus taxes , the value of the car rises but people over here are willing to pay that.
But when you want parts , prices have to multiple by 1.5 to 2 dpends on the dollar-exchange rate.
Still , i is an expensive hobby out here in Europe or Australia.
I would say that it is more expensive in Australia compare to Europe.
IMHO
 
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