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Najib Amanullah (Najib)
Junior Member
Username: Najib

Post Number: 175
Registered: 4-2001
Posted on Monday, August 26, 2002 - 3:35 pm:   

Martin its not that bad. There are probably very few stolen vehicle sold locally. Mostly stolen from Saudi and taken to the less affluent neighbouring countries. Moreover, these kind of cars are only available from the very well established dealers. The biggest problem is service history as the first thing they throw out of the car is the owners manuals ..."What is behind me is not important" attitude.

You see 18 year olds messing around in Porsches and S500's trying to wreck them. That is sad and sometimes, painful 'cause they don't value these expensive and beautiful machines.

Sand can be a problem but generally oil and filters are changed every 5,000 kms. to compensate for that.
Chris A. (Asianbond)
New member
Username: Asianbond

Post Number: 48
Registered: 5-2002
Posted on Monday, August 26, 2002 - 9:29 am:   

Guys, any concern about sand getting into the engine on cars from the Saudi region? I know the army had to take special steps to sandproof their vehicles and copters during desert storm. Heard that very tiny particles of sand always manage to get into the machinery.
Martin (Miami348ts)
Advanced Member
Username: Miami348ts

Post Number: 2669
Registered: 5-2001
Posted on Monday, August 26, 2002 - 8:49 am:   

If you buy a car in Saudi I would look for a known dealer or let them give you the complete VIN and then run a Interpole search for the VIN. Your local police should be helpful.

In Germany< when you apply for a title you have to send them a VIN. They automatically check them. I had the German equivalent of the FBI standing on my doorsteps once because I had sent them a VIN for a stolen Porsche that a friend of mine was trying to import.

Jeff Whitley (Phuket_jeff)
New member
Username: Phuket_jeff

Post Number: 10
Registered: 4-2002
Posted on Sunday, August 25, 2002 - 9:56 pm:   

Thanks everyone for the help.

Funny in that I talk to my friends from the UK and they have always said don't buy from there as there is a lot of tax. However the cars from the UK do look much cheaper than in the U.S.

I'll be in Europe in October so it will be fun to look around and see about getting a carnet and all the obstacles that entails.
J. Grande (Jay)
Member
Username: Jay

Post Number: 525
Registered: 10-2001
Posted on Sunday, August 25, 2002 - 8:00 pm:   

I've heard that Saudi cars are very inexpensive. I guess they get tired of their cars and just buy new ones? Even with scetchy service history, if the price is right, why not?
scott chivers (Spider_scott)
New member
Username: Spider_scott

Post Number: 34
Registered: 3-2002
Posted on Sunday, August 25, 2002 - 7:31 pm:   

also worth a look is www.exchangeandmart.co.uk
scott chivers (Spider_scott)
New member
Username: Spider_scott

Post Number: 33
Registered: 3-2002
Posted on Sunday, August 25, 2002 - 7:19 pm:   

Hi Jeff

It depends if you want a LHD or RHD car as theres quite a difference in price here in the UK. Check out www.autotrader.co.uk to see a listing of most uk cars currently avalible. Italy is the country ive always found cheapest for Ferraris check out http://www.autosupermarket.it
unfortunatly its in Italian which I dont understand ...but its not too hard to work out

hope this helps
Scott
Chris A. (Asianbond)
New member
Username: Asianbond

Post Number: 47
Registered: 5-2002
Posted on Sunday, August 25, 2002 - 10:11 am:   

Even if UK is cheaper, the cars in HK are in majority much better overall condition with lower true mileage and less chance of rust. Some of the used ferraris in HK are truly impressive for its age. The mileage factor is a major for me since I rarely trust odometer readings in most used cars.
Peter (Bubba)
Junior Member
Username: Bubba

Post Number: 176
Registered: 5-2002
Posted on Sunday, August 25, 2002 - 7:24 am:   

Najib, I am also surprised that the UK's prices are so low nowadays. If it weren't for the 60% first time registration tax here in HK, it's worth it to buy from the UK and ship to HK.
Najib Amanullah (Najib)
Junior Member
Username: Najib

Post Number: 172
Registered: 4-2001
Posted on Sunday, August 25, 2002 - 6:26 am:   

Peter I'm surprised the prices have gone the other way. I remember looking at 348's for around 40k pounds in HK whereas they were almost 50k in the UK almost a year back. But then again, it could have been a wrecked or stolen-recovered vehicle.
Peter (Bubba)
Junior Member
Username: Bubba

Post Number: 175
Registered: 5-2002
Posted on Sunday, August 25, 2002 - 6:13 am:   

Clarification:

The more expensive 360 is in Hong Kong.
Exchange rate used is 1:11.87 (pound:HK dollars) (from Yahoo!)
Peter (Bubba)
Junior Member
Username: Bubba

Post Number: 174
Registered: 5-2002
Posted on Sunday, August 25, 2002 - 6:11 am:   

I have to disagree with you on that one, Najib. UK has RHD models that are way cheaper than Hong Kong.

Examples:

1998 550 Maranello with 8000 miles for sale at 80K pounds, whereas, a 1997 550 Maranello with 20K km in Hong Kong sells for over 99K pounds.

2001 360 F1 with 4000 miles for sale at 106K pounds, whereas, a 2000 360 F1 with 3000 km sells for over 135K pounds.

There are more examples. In general, the gap is very big for the newer models between UK and Hong Kong, but very little for older models.
Labib Nassim (Nassim)
New member
Username: Nassim

Post Number: 1
Registered: 8-2002
Posted on Sunday, August 25, 2002 - 3:37 am:   

Jeff, The word "carnege" actually comes from the french word "carnet" - the ownership document. I would agree with Najib about the Gulf. I heard of an American who bought a Mercedes in Saudi and who had it confiscated on entering Germany - it had been stolen. The Germans are good at that sort of thing. I doubt however if the Italians are that well organized. :-)
Najib Amanullah (Najib)
Junior Member
Username: Najib

Post Number: 171
Registered: 4-2001
Posted on Sunday, August 25, 2002 - 2:57 am:   

The cheapest for right hand drive cars by far is Hong Kong. Earlier models...Australia. Left hand drive...Italy ( sometimes if you can get VAT refunded) or Switzerland (though the exchange rate has reversed that in recent months).

I did quite a lot of research before importing my car.

Yes UAE and Saudi Arabia are cheaper but good luck with service history or even ANY history. I live there and looked at several low mileage cars with badly scuffed seats and an interior suggesting they had been clocked.

However, with the servicing problems you are going to face, its probably not worth it.
RANDOLPH MADAMBA (Pogibm)
New member
Username: Pogibm

Post Number: 18
Registered: 8-2002
Posted on Saturday, August 24, 2002 - 11:44 pm:   

Jeff, i would say somewere in europe. My Father lives in the Phillipines close enough were you are,the last ferrari he bought was a 2000 456M 2years ago in Paris for $220,000 out the door plus $1,800 to ship, but like you say in Thailand they want 277% for import tax by the time that car arrived in Manila $213,000 plus 125% in taxes i dont think we can use the word cheapest.
Jeff there are a lot of Ferrari diehards over there in Thailand back in 96 i attended the Ferrari club of Thailand at the Raitaya race track.
Peter (Bubba)
Junior Member
Username: Bubba

Post Number: 173
Registered: 5-2002
Posted on Saturday, August 24, 2002 - 11:43 pm:   

I think UK and Germany are pretty cheap, and probably some of those Persian Gulf countries.

Here is a UK website: http://www.racecar.co.uk/talacrest/index.htm Check out the 98 F355 F1 RHD for less than 52K pounds.

You can also check out the listing in the UK Ferrari Owner's Club: http://www.ferrariownersclub.co.uk/home.asp

Hope this helps! Good luck!
L. Wayne Ausbrooks (Lwausbrooks)
Junior Member
Username: Lwausbrooks

Post Number: 165
Registered: 8-2002
Posted on Saturday, August 24, 2002 - 11:11 pm:   

All I can say, Jeff, is that if I had to go through the hassle of taking my car out of the country every three months, I might be tempted to just say, "Phuket".


(I know it's pronounced "Poo-kett", but i just couldn't help myself!) ;p
Jeff Whitley (Phuket_jeff)
New member
Username: Phuket_jeff

Post Number: 9
Registered: 4-2002
Posted on Saturday, August 24, 2002 - 10:32 pm:   

Any idea of the cheapest country to buy a late model 355 or an early 360? I live in Thailand and I've been looking into buying in another country and then bringing the car into a duty free port in Malaysia. From here it's an easy drive into Thailand. Then as long as I take the car out of Thailand every 3 months, I won't have to pay the crippling 277% tax that is put on all foreign cars registered here.

One other thing I'll need is something called a car ne (carnege') which I guess is some universal paper which shows ownership.

Any advice or websites to point to would be greatly appreciated as I hope to pick up a late model car overseas for the price of an early 348 here.

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