the Ferrari market watch thread | Page 181 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,800
    North Qld
    Full Name:
    simon klein
  2. Birel

    Birel Formula 3

    Sep 12, 2005
    1,953
    Brisbane
    Full Name:
    Andrew Turner
    I'm doubtful about that, I've never heard of any tax that is refundable once paid !
     
  3. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Yep, most certainly! :D:D
     
  4. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,674
    Full Name:
    Mike
    Sure you can, for a start, stamp duty ( it's a tax) on rental properties.

    And regarding cars:

    Source : From http://www.strattonfinance.com.au/car-finance/learn/articles/luxury-car-tax-lct-explained.aspx

    "When does Luxury Car Tax apply?
    From a typical car buyer's point of view, Luxury Car Tax is payable on a vehicle when:
    * The vehicle is purchased from a dealership.
    * The vehicle is less than two years old, as measured from the build date for locally built cars, or the compliance date for imported cars. However, if a vehicle is sold used and LCT has already been paid on the vehicle (e.g. when it was sold new), a credit is applied for any LCT already paid. This means that except in the rare case where a used vehicle is sold for more than its new car value, LCT is effectively only payable on new cars and used demonstrator vehicles less than 2 years old.
    * The vehicle's price (including GST, excluding government charges such as stamp duty, registration & CTP) exceeds the Luxury Car Tax threshold - currently $57,180.00 (including GST)."

    As I understand it, a car in a dealers inventory for more than 2 years is not subject to CGT when sold, or if the CGT has been paid, a credit is applied for any CGT.

    M :)
     
  5. Looney

    Looney F1 Rookie

    Jul 1, 2004
    2,767
    Gold Coast
    Full Name:
    BB
    i didnt realise it was 1:18 LOL
     
  6. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    Saw a 355CH today (actually heard it first). Red/white wheels/no wing in the CBD. Yummy. Cisco's, I'm assuming....but I can't be sure.

    what a car! i should buy one.
     
  7. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    I wish they made a 1/18th scale GT4!! :D:D

    I havent come across one yet. :(:(

    Very nice!! Any pics???? :D:D
     
  8. Looney

    Looney F1 Rookie

    Jul 1, 2004
    2,767
    Gold Coast
    Full Name:
    BB
    nope nobody makes one, not even in the hard to find amalgam low volume number models (i sourced an AM Lagonda for a friend and it cost a bomb, but they only made 37 of them).

    chances are it would be one of the last on the list as i think HW's license expires in 2010, so they'll probably rush to get the 458 done first, and then theres still plenty of other models they havnt done yet like the 348 which would take priority IMO.
     
  9. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Really?? Well, I just heard again that Kyosho arent making Ferrari models anymore. :(:(

    You really think HW's will make a 348?? I doubt it, they will cash in on the newer Ferraris and the 458 coupe/spider for as long as they can! :D:D

    Who is taking over the Ferrari model licence after 2010?? :eek::eek:
     
  10. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Not sure of many cars out there gaining in value over 2 years to be hit with CGT. ;)
     
  11. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #4511 Aircon, Aug 2, 2009
    Last edited by a moderator: Sep 7, 2017
    no...but i've seen one just like it! They DO sound fantastic.
    Image Unavailable, Please Login
     
  12. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    #4512 PAP 348, Aug 2, 2009
    Last edited by a moderator: Sep 7, 2017
  13. Birel

    Birel Formula 3

    Sep 12, 2005
    1,953
    Brisbane
    Full Name:
    Andrew Turner
    Thanks for that.
     
  14. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    I saw one of those OHOS 355 Challenge cars yesterday. Still a pretty car 14 years after the 355 design first showed up.
     
  15. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    #4515 PAP 348, Aug 2, 2009
    Last edited by a moderator: Sep 7, 2017
  16. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    until someone decided it was a good idea to mess with the clean design and put a wing on the back!
     
  17. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    24,033
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.
    The 355 is certainly holding up very well with time... Anyone know why the 'waistline' of cars is getting so high - I doubt I could see out the side windows of the new Italia.
     
  18. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    just guessing, but i would almost put money on it being safety.
     
  19. goober

    goober F1 World Champ

    Nov 15, 2004
    15,895
    Adelaide & Thredbo
    Full Name:
    Buddy Miles

    isnt that a sign of old age.........the pants get higher as age wearies them
     
  20. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
  21. Looney

    Looney F1 Rookie

    Jul 1, 2004
    2,767
    Gold Coast
    Full Name:
    BB
    that is the dream F355, black & tan looks timeless
     
  22. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    46,182
    Full Name:
    Toe Knee
    haha :p
     
  23. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    One of the BEST colour combo's on any Ferrari!! :D:D

    That black/tan 355 is one of my favs! :eek::eek:

    Funny sh*t hey? :p:p
     
  24. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,800
    North Qld
    Full Name:
    simon klein
  25. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Bloody V12 owners!!!! :p:p
     

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