Cost of classic car ownership in France and Italy | FerrariChat

Cost of classic car ownership in France and Italy

Discussion in '308/328' started by kiwiokie, Dec 24, 2021.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. kiwiokie

    kiwiokie Formula 3
    Silver Subscribed

    Aug 19, 2013
    1,539
    Tulsa, OK
    Full Name:
    John McDermott
    I am considering purchasing a property in southern France (Midi Pyrenees/Aquitaine) or northern Italy (Piedmont) for vacations and ultimately for retirement. I would be grateful if some members in those countries could share their thoughts on cost of insurance, registration, inspection and taxes for classic cars? Any other considerations? My cars range from years 1969-1983. Thanks in advance.


    Sent from my iPhone using FerrariChat
     
  2. Ferraripilot

    Ferraripilot F1 World Champ
    Owner Project Master

    May 10, 2006
    17,743
    Atlanta
    Full Name:
    John!

    Midi pyrenees is beautiful area, lots of agriculture. Property and land is affordable so I can't imagine running a classic would be terribly pricey there as it's so rural in most parts. Fuel is of course a lot more there. Check with Aston Lark for insurance.
     
  3. kcsun

    kcsun Rookie

    Jun 29, 2021
    20
    Full Name:
    ken cheek
    I live in the Haute Pyrenees (dept 65) Great place to live, not too many people, well priced property and with a bit of research plenty of properties with fantastic views of the Pyrenees. I have a Triumph TR6 which i imported into France in 2015. It was before brexit so some rules have changed for the english importing into France but from your username i deduce you are from NZ. I was lucky enough to spend a month there on south Island with relatives just before Covid struck in January 2020. Met some great car people there with classics and customs and also met your police force who politely gave me a ticket for speeding - just, but I digress
    Classics in France only have to have a CT (mot/gov test) every 5 years, everyday cars are tested every two years. No road tax to pay, I have a classic car insurance policy with AXA and pay about 250 euro full cover. When you bring a classic into the country it is best to apply to register it through FFVE as it will be then classed as "historic" on the cars log book and you will get the cheaper insurance etc
    https://www.ffve.org

    You will also have to pay a French "expert" valuer to value your car for insurance purposes

    Do not try try to import a late model "supercar" as you will be hit with an eyewatering Taxe Maleuse bill (ask me how I know!!!)

    there are plenty of local classic car clubs you can join once you arrive here (English or French)

    Any other questions please feel free to ask

    kc
     
  4. kcsun

    kcsun Rookie

    Jun 29, 2021
    20
    Full Name:
    ken cheek
    Forgot to say, there will be a small import tax to pay, cars over 15 years old providing the CV fiscal power (not HP) is not too high will be about 400 euro + about 30 euro for a set of plates, and a CT for about 70e. There is an app you can have on your phone to test the cost of importation and also a website, will insert it when I find it. I believe under the new regulations you must have French residency to import a car

    kc
     
  5. Portofino

    Portofino Formula Junior

    Sep 17, 2011
    743
    Yorkshire UK / Switzerland/ Antibes France
    Full Name:
    Portofino
    Northern Italy is rich in the classic car scene…….Obviously!
    Lots of events / rallye s at club level and serious Mila Miglia stuff and lots in between .
    Plenty of artisan support.
    Alps and lakes have a certain attraction .

     
  6. Portofino

    Portofino Formula Junior

    Sep 17, 2011
    743
    Yorkshire UK / Switzerland/ Antibes France
    Full Name:
    Portofino
    Ps the French hate the Brits .Any Eng speaking inc Americans and you will be tarred with the same brush .
    How ever the Italians love Brits and give versa and welcome you with a open heart .

    You don’t see it holidaying in Fr .
     
  7. kiwiokie

    kiwiokie Formula 3
    Silver Subscribed

    Aug 19, 2013
    1,539
    Tulsa, OK
    Full Name:
    John McDermott
    Thanks for the comments thus far. All very helpful. I was born in UK, grew up in NZ, lived in US 20+ years now. Have traveled many times to Europe for work and pleasure. Have encountered the quintessential rude waiter in Paris but have met his counterpart behind the counter of an electronics store in New York. No country has the monopoly on rudeness in my experience. Outside of Paris my interactions with people have always been positive even though my French is little more than everyday greetings and “where is the train station?” The proximity to great driving events and scenery is part of the attraction to the areas I am considering [emoji4]


    Sent from my iPhone using FerrariChat
     
  8. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,080
    FRANCE
    Sorry, but saying that the French hate the brits is stupid, plain and simple: because it's wrong. It might have been true in the past, when few French people spoke or understood a modicum of english, but certainly not true today. So many french regions such as Dordogne, Brittany, etc...have benefited from the money of the british pensioneers, in the form of rehabilitation of old houses, etc...that we feel grateful for them. Perhaps, in some very remote rural places in the country an english-speaking person might be seen as a strange animal, but certainly not in any town or city today. We all have british friends.
    I know, and have witnessed during the last weeks, the traditional play between our governements about the supposed "hereditary opposition", but the truth is that nobody cares anymore.

    To the O.P: should you decide for France (although Italy is very attractive also, probably the nicest country in the world) my only advice would be to carefully think about where you want to settle down.
    Only two thoughts here:
    - Real estate prices have started to rise in the most attractive locations (close to the seas, close to the main train stations, etc...) due to the last two years of lock-down, when many parisians (with their higher salaries) have been attracted towards secondary homes. Conversely, lower real estate price usually mean that you will be in a more remote place, or have a lot of rehabilitation work to finance.
    - in some places in France, especially deep down in the country, remoteness means difficult winters, when you can feel quite lonely and abandoned, unless you were born there. Think about the Winter first, not about the Summer.
    Although I suppose that as far as real estate prices go, the italian Lake region is probably second to none.

    Rgds
     
    sherpa23 and Du_Man like this.
  9. JohnMH

    JohnMH Formula 3

    Jan 28, 2004
    1,776
    Dubai / Bologna
    My wife and I engaged in similar deliberations; we ended up in Italy because keeping assets over a certain amount in France can trigger taxation issues. Not sure of what cars you are considering moving over, but our cars would have definitely put us over the limit. Taxation and registration of a vintage car in Bologna is easy, but you need to have residency and will need to get an Italian driver’s license (I had to take the driving test which was easy, but the theory test was not available in English).

    As a Canadian, many people assume I am American, but everyone is quite nice (and English is pretty widely spoken). Getting help, such as finding an obscure part for your old Italian car, is actually a fun way to spend a day.

    Driving an old Ferrari around Emilia Romagna and Tuscany is also not so bad.
     
    Alcav5 likes this.
  10. bertrand328

    bertrand328 Formula 3

    Jun 1, 2015
    1,599
    France
    Full Name:
    Bertrand
    Do you have such simple ideas about everyone in the world ?
     
  11. 308 milano

    308 milano F1 Veteran

    Jan 15, 2007
    5,293
    Montana
    Full Name:
    Kim
    #11 308 milano, Dec 26, 2021
    Last edited: Dec 26, 2021

    My wife and I have only been to Paris twice and nothing but a positive experience each time. People have been wonderful. Been trying to get back there since March of last year but the pandemic keeps raising havoc with travel plans.

    More I think about this I can’t help but see the parallel and laugh. I’ve been asked a few times how it is to live with Native Americans? My response has been, nothing but positive but you bring an attitude into the community and they will certainly accommodate you and said attitude.
     
    sherpa23 likes this.
  12. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,080
    FRANCE
    Even if it does not look quite possible these days with the new "Omicron" variant, I would be happy to invite you for lunch or dinner next time you come across the Atlantic, if our schedule meet, etc, etc...do not hesitate to let me know. But for the time being, well...it seems quite remote...

    Rgds
     
  13. Edward 96GTS

    Edward 96GTS F1 World Champ
    Silver Subscribed

    Nov 1, 2003
    10,823
    how much is a modest house on Lake Garda? lake front.
     
  14. kiwiokie

    kiwiokie Formula 3
    Silver Subscribed

    Aug 19, 2013
    1,539
    Tulsa, OK
    Full Name:
    John McDermott
  15. 308 milano

    308 milano F1 Veteran

    Jan 15, 2007
    5,293
    Montana
    Full Name:
    Kim


    Would very much enjoy that, thank you! Yes, the way this pandemic is playing out we might be shaking hands when I’m 90.
     
  16. kiwiokie

    kiwiokie Formula 3
    Silver Subscribed

    Aug 19, 2013
    1,539
    Tulsa, OK
    Full Name:
    John McDermott
    Something I forgot to ask- with annual vehicle inspections are there challenges with engine/exhaust modifications, emissions or noise levels for older cars in Italy and France?


    Sent from my iPhone using FerrariChat
     
  17. JohnMH

    JohnMH Formula 3

    Jan 28, 2004
    1,776
    Dubai / Bologna
    My 82 Countach is 'Euro 0' which means it had no catalytic converters when it was sold new in Germany. The original air pump is missing and the silencer is not stock.

    You will need to get a homologation certificate from the manufacturer to prove that your vintage car meets the legal requirements which applied when it was new; in my case Lamborghini stated that my car was made for the EU market.

    In Italy, you will need to join the national historical car club (ASI) through a local classic car club in your local area; the 'expert' of the club will compose a report addressed to the local motor registry office, confirming that the car is a genuine example of its type which is of historical interest.

    Once registered in Italy as a historic car, annual inspections are for safety; if your car meets the emissions requirements as they existed when it was built it should not be an issue.
     
  18. kcsun

    kcsun Rookie

    Jun 29, 2021
    20
    Full Name:
    ken cheek
    In France for cars before 72 the emissions are almost non-existent, after that they are a bit more strict but nothing too unachievable. The key is to find the tester who all the local classic car people use, he is generally more sensible and amenable about the emissions although he does use the computer, some of the readings can be "massaged". He will however be strict on safety type things as the test is every 5 years. The test is only once every 5 years for historic (over 30 years old) so never really an issue. Exhaust mods are not usually worried about
    kc
     
  19. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,080
    FRANCE
    #19 nerofer, Dec 27, 2021
    Last edited: Dec 27, 2021
    Not exactly...

    All cars over 30 years old are not necessarly classified as "historics": you need to apply for a car to be classified as "historic"; if you don't apply, that car, even being more than 30 years old is registered, insured, and controled as any other car, i.e, a technical inspection every two years.
    Both my 328s are now over 30 years old, and neither is registered as "historic", so they have their mandatory technical inspection evey two year. Being "non-catalysed", they are not supposed to comply with today's emission regulations FOR THE TIME BEING, but that might change; when the emissions are checked and analysed, on the technical certificate it is written: "non catalysed car - then the pollution/emission index as actually measured - then: "Acceptable"; and it has been so for the last 15 years, even when the cars (both 1989) were not 30 years old. (I don't see any point in having the cars registered as "historics" because they have always been accepted at the standard technical inspection, so I don't mind having one inspection evey two years instead of one every five years).

    Exhaust mods, I wouldn't bet on today's tolerance during the "contrôle technique" to last for long, as more and more the authorities are pushing for stricter noise control; as soon as the motorcycle problem is checked, it will probably be the automobiles (especially for the big scooters in the cities: most of them have been modified with aftermarket exhausts to make more noise, and the result is that they are now making too much noise, to the point that almost every citizen is complaining about these and their noise, especially during the nights, so the authorities are now much less tolerant: aftermarket exhausts are only a tolerance, the law is that only the stock exhaust as certified by the manufacturer, or any other exhaust equally certified are acceptable; aftermarket exhausts that are not certified are in theory forbidden, and any motorised vehicle controlled above the noise limit for which its engine and exhaust have been certified, must revert to stock equipment at once )

    Engine mods are normally forbidden from an insurance point of view: the car must be fully compliant with its original condition, as it has been certified originally for road use, under that precise definition; if that compliance to the original definition is altered, you must forewarn the insurer and obtain his approval. Most people who modify engines don't, but it means that if the insurer has knowledge of previous modifications that were not disclosed, he is allowed to declare the contract "nul and void". (Remember that the Ferrari 328 for instance, in its days when new, had to be re-certified again by the french department for road safety when the front suspension design was changed in 1988; any car that does not anymore satisfy its original specification in full is not allowed to be driven on open roads and cannot be insured)

    Rgds
     

Share This Page