If the EU goes TU will the EU-Fcar market be FUBAR?

Maybe I will be able to spend my left over Lira again.

 

Nope, they will all go to China, or India.

 

Practically, the euro common currency was a dumb idea with such completely disparate economies using it. No chance to realistically devalue one's currency and stay competitive for the weaker members. When Germany gets tired of propping up the whole system and goes back to the DM, there will be some upheaval, especially among bureaucrats in Belgium without a job, but the economies will survive and so will Ferrari.

The EU works, the euro does not, one reason several nations belong to the EU, but kept their own currency. With all the computer power now at hand for instant conversions, the rationale for the eu is just about gone.

Remember, too, that European Ferraris tend to be used more as cars and not garage showpieces, so mileages tend to be higher. There will be gray market cars, and the nearness of the specs between US and ROW cars gets less every year, making conversion easier.

Taz
Terry Phillips

 

I'd love to see a flood of cheap Fcars

I could use a 430 Scud

 

I'm sure someone who knows the costs can figure this out. Just pic a car and plug in the variables.

What are typical shipping costs?

What are typical conversion costs and how do they vary by model?

On a per US Dollar basis how far does the Euro need to fall to make shipping and converting a car a premium to just buying a US car?

Today's Euro spot is 1.1954.

 

I would expect used exotics sold out of the EU to go to Russia or the ME. Places with things of value to drive their wealth, like oil.

It is too big a PITA to import into the US and get a plate to be practical.

 

The Euro will really need to tank before this will occur. What is more realistic is seeing older cars come back after leaving the states in recent years due the the strength of the euro.

With the used Ferrari market here being like it is I don't see a flood of euro models happening.