Guys,
I finance expert I am certainly not, but I just spoke to some of the
wreckers here in Adelaide.
Adelaide Jap just said that the overall effect of the GST would vary - some
things up a bit, others down. But the main factor at the moment is the
exchange rate (Yen/$). Apparently this is really knocking things around,
with the effect being that we will be paying more. (by the way, they have no
HR33 wrecks - got one coming but they don't know when. They have one RB25DET
without turbo or manifold.). Adelaide Jap were never the cheapest guys
around but now it's just silly. They quoted me $4400 for SR20DET frontcuts
(if they had one) and $3410 for a bare engine and trans! I wish I'd have
bought up a few of these babies a few years ago - would have been a good
investment!!
I then spoke to a friend of mine who's in the import/wrecking game. He gave
basically the same story, but with more details. Apparently imported stuff
used to attract an import duty of 22% PLUS sales tax of varying rates (he
quoted 5 - 17.5%), depending on exactly what the item was. Now these are
both gone and they just pay a flat 10%. The net effect should be that bits
to the man on the street would be an average of approx. 3% cheaper -
although this is yet to be tried. Trouble is, the exchange rate blows
everything out of the water. He quoted a previous average exchange rate of
75Yen/AUD, but for their last shipment they only got 60Yen/AUD! Not good. I
just checked an online exchange calculator and the current rate is
63.8Yen/AUD so his figures would seem reasonable. I guess this means all the
yummy cheap 180SX's, Silvias etc. are about to become less competitively
priced too.
'later
PL
-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]] On Behalf Of Chris
Sent: Monday, 3 July 2000 10:46
To: [EMAIL PROTECTED]
Subject: Re: Skyline HR33 wreck
in real life the put everything up
----- Original Message -----
From: jamesf <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, July 03, 2000 3:15 AM
Subject: Re: Skyline HR33 wreck
> I am importing some stuff at the moment ...... second
> hand motor parts... If I had have landed them before July
> they would have incurred 22% Sales Tax on most of it...
> Now after July 1st it's going to incur only 10%
>
> So motors etc from the importers should drop...
> As long as they were paying 22% before.... now should only
> be 10%.
> not sure how it works out in real life....
>
>
>
> Jon Ovington wrote:
>
> > thats what we were all hoping not for. it wold have been good to see
> > import costs cheaper with no gst.anyone know exactly if the cost of
> > import parts has gone up and at what percent?
> > -------------------------------------------------------
> > DatNet - Online Datsun Resource
> > Jon Ovington - [EMAIL PROTECTED]
> > Matt Spiteri - [EMAIL PROTECTED]
> > DatNet - http://www.datnet.org
> >
> > ----- Original Message -----
> > From: Terry & Heather
> > To: [EMAIL PROTECTED]
> > Sent: Sunday, July 02, 2000 9:04 PM
> > Subject: RE: Skyline HR33 wreck
> > I have only seen a R32 fairly complete lately but I was on
> > the Adelaide Japwreck site earlier and noticed the engine
> > prices etc stated they included GST. Looks like our import
> > stuff has gone up a tad?Terry
> >
> > -----Original Message-----
> > From: [EMAIL PROTECTED]
> > [mailto:[EMAIL PROTECTED]]On
> > Behalf Of Richard Clough
> > Sent: Sunday, 2 July 2000 8:15 PM
> > To: Datsun 1600
> > Subject: Skyline HR33 wreck
> >
> > Does anyone have the phone number of a wrecker in
> > Australia that may stock a 1996 or later R33
> > Skyline GTS2.5T?
> >
> >
> >
>
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