RHD,UK,Aussie,Japan,South Africa,etc, cars for sale. | Page 4 | FerrariChat

RHD,UK,Aussie,Japan,South Africa,etc, cars for sale.

Discussion in '365 GT4 2+2/400/412' started by simon klein, Nov 14, 2015.

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  1. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
    Well, I'm not a great follower of climate change
     
  2. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,573
    Full Name:
    Mike
    Not included, auctions typically show the hammer price, not the "take it home price".

    Also, to arrive at a nice, round 52K "take it home price", the auction price would have had to have been 38 518.50
    + 12.5% buyers premuim = 43 333.31
    + 20 % VAT = 52 000
    Very unlikely the auction ending at 38 518.50 pounds to give a nice round 52K including VAT

    So the "take it home price" would have been around 70,200 gbp,
     
  3. Bill26

    Bill26 Formula Junior

    Jun 19, 2005
    255
    Australia
    Full Name:
    Bill Murdoch
    I am not sure that the estimation of the total selling price is that simple.

    The car was shown as “Unsold” for a few days so it was likely a negotiated sale after the auction and probably involving some horse trading on the commissions.

    A bit of googling suggests that there would be no VAT payable if the seller was a private person or, if a dealer, VAT is only payable on the profit taken in the transaction as it is a U.K. car (but VAT is probably payable on the auction house fees). If it had been imported, VAT is payable on the import price. Maybe a Brit can confirm if this is correct or not.

    If correct, the total will be a lot lower than GBP70,200.

    Regards

    WM


     
  4. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
    Talking down the market, Bill? Don't you have one for sale?
     
  5. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,573
    Full Name:
    Mike
    Hi Bill
    You may be correct, as you say it's not that simple, it appears the VAT depends on the circumstances of the seller
    https://www.gov.uk/government/publications/vat-notice-7182-the-vat-auctioneers-scheme/vat-notice-7182-the-vat-auctioneers-scheme.

    M
     
  6. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
  7. Ewan

    Ewan Karting

    Jul 5, 2015
    222
    Dorset, UK
    Most cars for sale at auction are already VAT paid, so when the hammer falls, you pay just the hammer price, the auctioneers commission, and the VAT on the commission figure. So in this case, if the hammer price was indeed GBP 52k, the total paid by the purchaser would have been just below GBP 60k.

    It is more complicated if the car is a fresh import to the UK for which no VAT has yet been paid, but that is rare.
     
  8. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
    Which needed a bit of work. Thought I could snip it, but it went to auction (in Melb last night) before I could check it out thoroughly, and before I could think up an excuse that my wife would accept.

    I was looking somewhere south of $30K, thought it might get $40K+ at auction - it went for $76K.
     
  9. Noblesse Oblige

    Noblesse Oblige F1 Veteran

    Nov 7, 2011
    6,114
    Three Places
    #84 Noblesse Oblige, Aug 18, 2016
    Last edited: Aug 18, 2016
  10. Ramboy

    Ramboy Formula Junior

    Aug 6, 2009
    766
    Stockholm
    Full Name:
    David Ramm
    How about this project instead...

    The only 400 convertible conversion in Australia, I believe. Converted in the 1980s.

    Damaged 1982 Ferrari 400i Automatic Coupé For Auction in Bridgewater, Hobart, Tasmania ? Manheim Salvage Auctions
     
  11. Arvid

    Arvid Formula Junior
    Silver Subscribed

    May 28, 2012
    668
    Norway
    Full Name:
    Arvid Andersson
  12. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
  13. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
  14. Ramboy

    Ramboy Formula Junior

    Aug 6, 2009
    766
    Stockholm
    Full Name:
    David Ramm
    #89 Ramboy, Aug 19, 2016
    Last edited by a moderator: Sep 7, 2017
    Not sure the link is still live - so here are some pics I downloaded earlier. There were no interior shots unfortunately.

    It didn't look that bad. Wonder what happened to it - and the missing bits.

    Serial number is 17823. Original Aus delivery.
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  15. erwin123

    erwin123 Karting

    Jan 20, 2011
    108
    The Netherlands
    Full Name:
    Erwin
  16. Tassie

    Tassie Formula Junior

    Dec 17, 2009
    349
    Tasmania, Australia
    Full Name:
    Wayne Clark
    This car came from WA.
    Roof blew off at 70kph.
    Interior leak tested by installing water hose and turning the tap on, door seals good but leaks round the hood!
    Won't start or turn over - maybe the engine internals were water tested too! Has the latest in hydrodamped instruments.
    Was purchased as a wedding car and presume it was not a money spinner so now an insurance sale.
    In your price range Ferraridoc, and many more challengers than your current project, but I am sure you are up to it. Nice fat reserve. Expect it to come up for auction a few times before the reserve gets realistic.
    Can't see this as a worthy addition to my garage, sorry fellas.
     
  17. Al Campbell

    Al Campbell Formula Junior
    Owner Silver Subscribed

    Nov 22, 2013
    571
    Australia
    Do you know how much the reserve is?
     
  18. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,070
    Gold Coast, Aust.
    Full Name:
    Patrick
    Thinking of adding a donor to your collection?
     
  19. PAP 348

    PAP 348 Nine Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    99,176
    Mount Isa, Australia
    Full Name:
    Pap
  20. Al Campbell

    Al Campbell Formula Junior
    Owner Silver Subscribed

    Nov 22, 2013
    571
    Australia
    Thinking about it but it will depend what sort of money it goes for.
     
  21. Tassie

    Tassie Formula Junior

    Dec 17, 2009
    349
    Tasmania, Australia
    Full Name:
    Wayne Clark
    Wouldn't listen to anything under $20K and looking for better than $25K.
    I understood the car was purchased for considerably more than that ($40K+) from WA and it had issues then. The lovely wheels gives some indication. As it can't be driven, cost to jump the pond will be significant. $5K for a truck or $2K for trailer.
     
  22. Al Campbell

    Al Campbell Formula Junior
    Owner Silver Subscribed

    Nov 22, 2013
    571
    Australia
    That's a lot more than I'm prepared to go to.
     
  23. Tassie

    Tassie Formula Junior

    Dec 17, 2009
    349
    Tasmania, Australia
    Full Name:
    Wayne Clark
    Yep, I am a spectator too.
     
  24. simon klein

    simon klein Two Time F1 World Champ
    Owner Silver Subscribed

    Feb 25, 2009
    28,802
    North Qld
    Full Name:
    simon klein
    Al,I've just got off the phone to Jordan Roddy(I'm sure he won't mind me posting this as he's joined Fchat),the bloke who won the 365 in Smelbourne.
    He's looking for some bits and may try to contact you,if he hasn't already.
     
  25. PAP 348

    PAP 348 Nine Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    99,176
    Mount Isa, Australia
    Full Name:
    Pap
    Very good! :)

    Curious though, did he say why he purchased this car?

    It's not the kinda car you want to buy as a project car as we are all well aware how hard some of these parts are to find these days.

    And being his first Ferrari too, it's rather unusal. But still great to see a younger chap having a go. :)
     

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