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Thread: Random chat thread

  1. #331

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    Quote Originally Posted by Muckman View Post
    Looking at importing a car from the UK

    Going off the marked price of £61,990 is about $110,980AUD

    $110,980 + 10%GST +$11,098
    Going off a ruff estimate of import charges around $2500
    Making the Luxury Car Tax value at $124,578
    So $124,578 minus the LCT threshold of $71849 X 10 / 11 X 33% making the LCT of $15,818
    So total of $140,3967

    Anything I’m missing here?
    I think I'm "missing" something,.....what make & model car are you considering importing?
    Pickles.

  2. #332
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    RS6??

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  3. #333
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    Its a Lamborghini Gallardo Manual.
    The part I just dont get is calculating the 5% Customs
    Is the 5% calculated on the purchase price? Or is it on the LCT value? Or is it 5% of total value of car + GST + LCT + shipping ?
    Im so confused


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  4. #334
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    Aud$100k for a manual lambo, I'd buy that for a dollar!!! (80's movie reference)

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  5. #335
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    Does this make sense...

    https://www.ato.gov.au/Business/Luxu...n-LCT-applies/

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  6. #336
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    Quote Originally Posted by jnrdavo View Post
    Does this make sense...

    https://www.ato.gov.au/Business/Luxu...n-LCT-applies/

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    Yeh that’s where I got the secret formula from lol
    But it doesn’t really explain as to how they get the “Customs Value” number

    Im assuming the Customs Value is just the 5% on the purchas price only (not including shipping)


    So here it goes

    Purchase price $103389
    Duty 5%$5169

    Custom Value
    103389 + 5169 =$108558

    Shipping and Insurance$3500

    GST 10% of 108558 $10,855

    Luxury Car Tax Value
    108558 + 10855 + 3500 =$122913

    Luxury Car Tax - Threshold
    122913 - 71849 = 51064 x 10 ÷ 11 × 33% =$15319

    Total
    122913 + 15319 = $138232

    Than ya got things like complain in and **** but thats about 5K in total
    Anything Im getting wrong here?


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  7. #337
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    Quote Originally Posted by jnrdavo View Post
    Aud$100k for a manual lambo, I'd buy that for a dollar!!! (80's movie reference)

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    Its actually a robo cop reference lol


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  8. #338
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    Quote Originally Posted by Muckman View Post
    Its actually a robo cop reference lol


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    Spot on!

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  9. #339
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    Quote Originally Posted by Muckman View Post
    Its a Lamborghini Gallardo Manual.
    Sent from my iPad using Tapatalk
    I remember the movie well so I reckon you should skip the Lambo and get this instead (from the movie):

    https://www.hotcars.com/robocops-car...0-sux-details/

    Current:
    2004 A6 C5 Sedan 3.0 V6 Quattro
    1999 A4 B5 Avant 2.4 V6 (Unreg)

    Retired:
    1990 100 Sedan 2.3
    1991 90 Sedan 2.3
    1999 A4 B5 Sedan 2.4 V6
    2005 A6 4F Sedan 3.2 V6 Quattro

  10. #340
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    The 6000 Sux, lovely!!

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