petgre Posted February 13, 2008 Posted February 13, 2008 Sweden: 1 us $ = 6,41 SEK ---------------------------------------------- New car, price with all taxes ---------------------------------------------- New 2007 Subaru Legacy 2.0R Station Business (all extra except navigation, as leather, 4 EAT, 18" wheels etc) - 297 000 sek, approx 46 000 $ This is the total price, including all taxes ---------------------------------------------- Insurance per year, unlimited miles ---------------------------------------------- Insurance approx 624 $ per year, for the first 3 years, then 1200$ per year ---------------------------------------------- Gas cost ---------------------------------------------- 95 octane 12,24 per liter, approx 7,22 $ per us gallon 98 octane 12,54 per liter, approx 7,40 $ per us gallon
Golf4283 Posted February 13, 2008 Posted February 13, 2008 Woof. I paid $30,000 US for my 2008 Legacy 3.0R sedan. I dont know why that's so high over there.
Voytech Posted February 13, 2008 Posted February 13, 2008 I think I'm going to start exporting cars to Europe... their prices are off the wall.
Voytech Posted February 13, 2008 Posted February 13, 2008 Shipping the car costs roughly $1000-$1500. Not sure what the duty is though.
tytek Posted February 13, 2008 Posted February 13, 2008 Shipping the car costs roughly $1000-$1500. Not sure what the duty is though. VAT, duty, and other taxes are roughly 45% of your purchase price here in the states. So, if you buy a car in the US for $20k, it will cost you around $1k-$1.5k for transport (ro-ro or container). You still have to add your duty, and VAT, and additional local taxes which usually add up to around $9k-$10k. You also have to figure in the expense of replacing your DOT approved headlights, taillights, adding rear fogs, etc.. Realistically, after paying all those fees, you can get an equivalent car from the states at about 25-33% less than in Germany, or Poland for that matter. The Scandinavian countries typically charge more in duties and taxes, but their home market car prices are also higher. Some makes are more advantageous to export to Europe, while others are not. Surprisingly, many US brands end up being a lot cheaper if imported privately from the US (Chrysler brands, for example).
Crawdaddy79 Posted February 13, 2008 Posted February 13, 2008 I think I'm going to start exporting cars to Europe... their prices are off the wall. It's the inflation of the dollar more than it is the cost of the cars in those areas. They are used to the dollar being strong, and so are we... So the prices do appear out of balance. In the next few years you should see prices climb pretty high over here so that it properly matches the rest of the globe market. In Canada alone you'll see LGTs for $10k higher than you would here.
tytek Posted February 13, 2008 Posted February 13, 2008 It's the inflation of the dollar more than it is the cost of the cars in those areas. They are used to the dollar being strong, and so are we... So the prices do appear out of balance. In the next few years you should see prices climb pretty high over here so that it properly matches the rest of the globe market. In Canada alone you'll see LGTs for $10k higher than you would here. While it is partially true, these large price discrepancies where also present a few years ago, when the dollar was a lot stronger. The weaker currency only amplified these differences. However, many multinational corporations routinely hedge their currency exchange exposures via futures are other risk reducing financial vehicles. Unfortunately those mainly help during short run swings, and do not offer equal risk reduction for a steady, long run decline... But I do agree with you that manufacturers who import cars into the US will revise their pricing upwards, if the dollar continues to hover this low. Look at Saab or Volvo pricing from '07 and '08 - there are at least $1-2k increases in MSRP for those cars. Same goes for the new STI...
Voytech Posted February 13, 2008 Posted February 13, 2008 AFAIK, in poland at least, they don't take the market value of the car. They will base the VAT, duty etc.. on the invoice price provided by the seller. My friend from work just shipped a '07 Mazda 3 there. Got it for $4500 with some damage (clean title), bought parts to fix it (2k), then shipped everything to Poland (1k). Car is fixed now and someone bought it for $12k. But the price they put on the invoice was the original $4500.
tytek Posted February 13, 2008 Posted February 13, 2008 AFAIK, in poland at least, they don't take the market value of the car. They will base the VAT, duty etc.. on the invoice price provided by the seller. My friend from work just shipped a '07 Mazda 3 there. Got it for $4500 with some damage (clean title), bought parts to fix it (2k), then shipped everything to Poland (1k). Car is fixed now and someone bought it for $12k. But the price they put on the invoice was the original $4500. It is true, but in most cases, if the bill of sale value is artificially low, they will price the car out using an official guide (price book), to ensure accurate (as high as possible) fees.
alain_desforges Posted February 13, 2008 Posted February 13, 2008 A fully equiped '08 Spec B with mud-flaps, auto-dim rear view mirror and extendable arm-rest is just a hair under $50,000 in Canada. My '05 LGT Ltd. was around 43K at the time which is why the previous owner headed down to the States (Rochester NY) to buy his. Even with the duties and all that fun stuff, he managed to get a full set of winter rims and tires, plus a full set of summers and he still saved around 10 grand!!! I think it retailed for $29,000 in the U.S. Insurance is comparable to any 4 cylindre sedan, in the $800-900 range. Gaz prices fluctuate like mad around here but I'll get Sonoco Ultra, which is the highest octane fuel we can get in Ontario (94) from 1.10/litre to 1.20/litre...
petgre Posted February 14, 2008 Author Posted February 14, 2008 Import a Volvo XC90 from US to Sweden: The figures might not be 100 accurate, but I took it from an example in a Swedish newspaper. Purchase in US for 47 000$ = 325 000 SEK Shipping, tax, toll etc ends at 73 000$ approx 470 000 SEK Comparing to buy it in Sweden (new) for 93 000@ approx 598 000 SEK So you can see that there are some extra cost involved when you ship a car to Europe. Of course it differs from country to country, but there are a lot of extra cost! The price in US is almost 50% of the price in Sweden for this example.
rjundi Posted February 14, 2008 Posted February 14, 2008 Vehicles are subsidized by the US Government. Road/environmental impacts come from other resources besides fuel and sales taxes on automobiles. Most European nations charge these impacts/costs to the individual car owner more directly.
Woby Posted February 14, 2008 Posted February 14, 2008 Alain - your price is a bit high as they are offering 7K Cdn cash back on the Spec B. I was able to get one with mud flaps, autodim, and spare mats for 40K tax included just before Christmas.
Viking067 Posted February 14, 2008 Posted February 14, 2008 Just be glad you dont live in Norway then. My car costs 720 000 Norwegian Crowns (nkr) including tax,vat etc.(1$=5,61nkr,-)............. But where i live, Svalbard, we dont pay tax, vat etc. So here it costs 260 000 nkr,-
GTSPECB STI Posted February 15, 2008 Posted February 15, 2008 MY08 Liberty (Legacy) GT Spec B will cost you AUS $55,990 here in Australia US $1 = AUS $0.90
tytek Posted February 15, 2008 Posted February 15, 2008 Just be glad you dont live in Norway then. My car costs 720 000 Norwegian Crowns (nkr) including tax,vat etc.(1$=5,61nkr,-)............. But where i live, Svalbard, we dont pay tax, vat etc. So here it costs 260 000 nkr,- Why don't you have to pay VAT and other taxes? What is the secret about your island? BTW, I love Norway, and if my wife were willing to move, I would move there (or Northern Sweden) in a hart beat. Got lots of great memories from there... what a beautiful part of the world!
Viking067 Posted February 15, 2008 Posted February 15, 2008 Why don't you have to pay VAT and other taxes? What is the secret about your island? BTW, I love Norway, and if my wife were willing to move, I would move there (or Northern Sweden) in a hart beat. Got lots of great memories from there... what a beautiful part of the world! Its all declared in the Svalbard treaty. Taxation Article 8 establishes that collected taxes, dues and fees may only benefit Svalbard. Norway may not exercise its authority to acquire any income other than that which is needed for the administration of Svalbard. In practical terms, this means that income taxes are lower in Svalbard than they are on the mainland; nor does Svalbard have any value-added-tax or any other taxes aimed to augment State revenues. Revenues and expenses from the administration of Svalbard are budgeted separately, in the Svalbard budget. More info http://www.sysselmannen.svalbard.no/eng/show.asp?page=goxpage00000023.html
alain_desforges Posted February 15, 2008 Posted February 15, 2008 Alain - your price is a bit high as they are offering 7K Cdn cash back on the Spec B. I was able to get one with mud flaps, autodim, and spare mats for 40K tax included just before Christmas. True enough, I wasn't taking dealer rebates and insentives into consideration. But if you price it out on the web, subaru.ca, that's what they come out to...
ac328 Posted February 15, 2008 Posted February 15, 2008 True enough, I wasn't taking dealer rebates and insentives into consideration. But if you price it out on the web, subaru.ca, that's what they come out to... Speaking of the SPec B, I was offered one in the Seattle area for USD 32,500 back in December. With tax, and my cost of going down to the US, I figured I my cost would have been about CAD 34k, or about 4k cheaper than what Woby paid (roughly) factoring in no provincial tax here in Alberta. I ended up getting an Outback XT 5MT instead (I know, very different from Spec B) for about CAD 29k all in. My Outback was USD 28,700 with freight but before taxes and other stuff. I figure even with a cash rebate I saved about 5k minimum, or about 15k if you go by MSRP.
ehsnils Posted February 15, 2008 Posted February 15, 2008 Why don't you have to pay VAT and other taxes? What is the secret about your island? Take a look on your earth globe and locate Svalbard first. Then you can figure out that there is a reason... Roughly the difference in latitude between Svalbard and Anchorage is the same as between Anchorage and Seattle.
Woby Posted February 15, 2008 Posted February 15, 2008 ac328 - My Spec B didn't include PST, I am in Alberta also. Not as good as getting one out of the US, but way below what they originally wanted.
ac328 Posted February 15, 2008 Posted February 15, 2008 ac328 - My Spec B didn't include PST, I am in Alberta also. Not as good as getting one out of the US, but way below what they originally wanted. Did you buy in Calgary? If so did you go to Centaur or the other one? I test drove a Spec B at Centaur, the sales guy seemed nice enough but only let me test drive it for 2 mins around the block, then said I could get 4-5% off MSRP at the most, i.e. maybe 43+freight+GST, plus 0.9 financing. This was just before they came out with the cash rebate. So I politely said no thanks! Ended up saying no to the US-spec Spec B because I didn't want the OEM nav system, plus the trunk was too small, but other than that I really liked it.
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