CS Values In Australia sky rocketing!

Hi, Guys. There are curretly only 2 Rosso Scuderia Aussie delivered CS's with low mileage advertised on car sales.com.au.for approx $600 Australian. I offered $500K for one of them and the offer wasn't accepted by the seller. No where else in the world where RHD cars are sold is the price this high for CS's!

 

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Jesus, at that price, could you not come out ahead by importing a US or european CS?

 

We have RHD here in Australia. LHD cars from Europe or US are of no use here. Low mileage, RHD, good CS's in the UK are hovering around 200,000 Pounds mark. With import fees and taxes, and other expenses, it works out to be just a tad cheaper than Australian delivered Cars.

 

I’ve been following CS pricing, and in particular these two cars as I’m in New Zealand. I have no doubt that these cars are being advertised but are very obviously not for “real” sale. Sellers can ask whatever they want when they advertise a car, but the market (international when it comes to the CS) will dictate the selling price- hence if they actually sell. Both these cars seem like beautiful examples but both have been advertised for a long time. There’s no doubt about demand for nice CS’s, so in this instance the reason that they’ve not sold is simply that the price is lot higher than the market is tolerating. Unsold cars advertised at sky-high prices doesn’t mean the values are rocketing [emoji4].


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Hi, I guess you are right. Have you noticed the F355's being advertised are now asking almost twice as much as last year? amazing!

 

Yeah, a high asking price is like a boat anchor in the market. It could sits for months and that car won't move at all. Like it's not for sale anyway.

 

There is a BIG difference in asking and what the cars actually sell for. Granted if there are only two in Australia then prices will be higher than where there are 3.

 

you've just explained why the prices are what they are

 

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Exactly.
[emoji849]


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the shift over the last few years has more to do with the declining AUD making imports less practical and driving up the price of what is already there due to a weak currency rather than an actual increase in value. If the value didn't increase based on the currency weakening, it would create a spread that would encourage people to import UK cars, but like you said that spread has been closed otherwise it would saturate the market and correct the value regardless.