Joined: 11 Apr 2007 Posts: 1454 Location: Victoria
Posted: Fri Aug 17, 2007 9:25 am Post subject: End of the super cheap Aristo?
Well with exchange rates having died in the arse in the wake of a worldwide shakeup (which is long overdue mind you), the cost of importing an Aristo has risen significantly. From 107yen to the dollar a few weeks ago to 89yen to the dollar today. I say be thankful if you've bought a car in the last couple of months because I don't know if the currency is going to bounce back
Exchange rate was 95 when I got mine, and I got the car for a bargain, and I didn't pay high importing costs thanks to a prominent importing business (looks in ARON's direction) - so I won
Joined: 11 Apr 2007 Posts: 1454 Location: Victoria
Posted: Fri Aug 17, 2007 1:51 pm Post subject:
the ridiculous thing is that the fvckers are all shitting themselves, pulling out of Aussie $$ and putting it into USD! What a joke, it's the USD that's causing the problem in the first place.
Sure it might reduce the number of cars coming in, therefore stopping the aristo from becoming the equivalent of an R33 in the import market (i.e. flooded and common as) but won't it also increase the costs of importing parts (which is not a good thing for current owners)? _________________
Joined: 14 Apr 2007 Posts: 1148 Location: melb, aus.
Posted: Fri Aug 17, 2007 3:52 pm Post subject:
im more concerned about our cars holding their value for at least a few years..
one of the major factors for me when choosing a car is resale value - which is why i chose an aristo in black, with leather, etc.. i.e. one which is more attractive to the future buyers.. however it looks like they will go the way of the soarer and be available for 7 grand locally in no time.
i sold my two prior cars for slightly more than i paid for them, and owned each for about 2 years. i hoped to do the same with the aristo but it aint gonna happen.
Given that most of the aristos are really not that expensive ie under 8-10k Aud the difference is annoying but only really adds under $1.2k or so. Most of the cost is really getting the car over here (bloody girt by sea....thats why). I don't think the extra $500 or so it would cost now would have stopped me from getting it....but happy I got it then
Joined: 07 May 2007 Posts: 147 Location: Forbes NSW Australia
Posted: Fri Aug 17, 2007 8:24 pm Post subject:
Who cares about the exchange rate adding some hundreds of dollars to the the price of an Aristo when local "service providers" are bleeding people for $5000 for compliance ?
Not to mention freight, taxes, service fees etc.
The base price of the vehicle is not the real cost problem. Just like when they advise us to buy a better/dearer vehicle to start with - it is not the big part of the price tag.
Joined: 01 May 2007 Posts: 1399 Location: Kelmscott
Posted: Fri Aug 17, 2007 8:49 pm Post subject:
stevee wrote:
Who cares about the exchange rate adding some hundreds of dollars to the the price of an Aristo when local "service providers" are bleeding people for $5000 for compliance ?
Not to mention freight, taxes, service fees etc.
The base price of the vehicle is not the real cost problem. Just like when they advise us to buy a better/dearer vehicle to start with - it is not the big part of the price tag.
In exchange rate from when i paid for my FOB value to today - the exchange rate change has meant to me a saving of $700 ... now - that to me is a big saving.... irrespective of what i have to pay going forward as the import prices are still gonna stay the same - that $700 is better off in my pocket
yeah the yen rate and USD were in line for a "correction" however if anything ,as someone stated the parts may get more expensive for these beasts, thereby possibly even cheapening the cars. people wont buy cars they cant get parts for, and if they are at a premium depending on the budget, the car will not be bought. times this by 5 or 6 potential buyers who pass up the car the owner then thinks...hmmm drop the price. this times however many aristo owners currently selling there cars and you then get a buyers market...with no buyers. only way to escape is to get a full fruit version that is distinctive and is not a clone car. or one with mods and fully VIPd, pimped. a car like that will have an edge over a sundry specced car which makes it more appealing. that said though, Aristos are very cost effective for what they offer, if any upward changes are made on the current market, it would be justified for such a fine car. for the 12-20k bracket for a car of its nature, nothing compares, not even the far side of a dated carbon copy falcodore. i hope the price stays were they are for now as i am still in the market.
Joined: 27 Jul 2007 Posts: 56 Location: Blue Mountains
Posted: Sun Sep 09, 2007 1:30 am Post subject:
I bought my Aristo in dec 06 from an importer for $13,000. Now when I look at similar Aristos with all the same options etc they are going for around $16,000. I think this is because of a greater awareness of them in the market and therefore greater demand. This means that the importer can charge more for the cars as more people want them.
I think this has more to do with it than just the yen conversion, as thay should be cheaper now to import as the Aussie dollar is worth more yen than it was a year ago.
Anyway that is just my two cents and wieght it how you will.
Gab
Joined: 21 Aug 2007 Posts: 2546 Location: Adelaide
Posted: Mon Sep 10, 2007 1:24 am Post subject:
huh?
That doesnt make sense, the importer really shouldnt have a say about the end price if they are doing their job properly.
If they are more popular at auction in Japan the price will go up. Simple.
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