Importing a car

[zabbo]

So I have been speaking to a buddy of mine who now lives overseas and he is considering bringing his E30 M3 to SA.

If we can manage to get around the SARS/Customs/Import dilemma, what do you think a reasonable selling price would be (ballpark)?

I do not have much information at the moment, other than it has been recently restored, but would like to hear what you think it would be worth here - R250k, R350k, R600k ???

 

[maximus]

dude...it's an E30 M3...so I'd guess it'll be more than the current iS price?

 

[skank]

You can bring it in as a collectors item. LHD might be an issue.
If it is very/completely original, an EVO, you could get upwards of R500k

Other wise what the market dictates.

 

[Psymon69]

250 to 300 I think.

 

[Wes]

Don't you need to hold on to it for a couple of years (in this country) before you can sell it?

 

[Sabretooth tiger]

Don't you need to hold on to it for a couple of years (in this country) before you can sell it?

Yes, two years

 

[UpNcOmiNg!]

+1

 

[///MFanatic]

80k

 

[Wes]

80k

How did you get to that figure? :fencelook:

 

[Julz]

80k

Ha ha,are you saying a very rare E30 M3 costs less then a 325is?

 

[DeoJor]

80k :biglol: I'll take two please!

 

[mo335]

Won't you get more for it if you sell it overseas?? :dunno::dunno:

 

[wikk3d88]

Won't you get more for it if you sell it overseas?? :dunno::dunno:

yup

 

[Clownshoe]

Might also be an issue as it was never sold here. So it will have to go through the SABS checks?

 

[wikk3d88]

Check the ITAC site for the import guidelines for second-hand cars. As it stands, you cannot bring in any LHD cars.

 

[///MFanatic]

80k

How did you get to that figure? :fencelook:

Its what I would be willing to pay for it :rollsmile:

 

[Psymon69]

Won't you get more for it if you sell it overseas?? :dunno::dunno:

I doubt it as they can get it easier and import easier. here the people go nanas for it because its rare and cant get it here

 

[zabbo]

Thanks for the input guys :thumbs:

 

[Jerez]

So here the deal guys
The attached link gives you an idea of the cheapest E30 - Around R160k
A container to ship to SA is around R21k
Then,if your buddy is an ex pat,he wont pay any duty and needs to keep the car in his name for a year before he sells it on.
If hes not,then theres a 100% duty.Which stands you R350k cost.

---

Oh ...and goodluck with SARS...THIEVING BASKETS

 

[scunick]

No LHD imports so will have to be converted to RHD. This has been done a number of times in the UK (not a huge issue just costly).
There was one in very rough shape that went for R180k about 2-3 months ago. It was an evo1 and really needed love.
From experience i can say that you import a car not to resell them. The costs of local work on them make them very unattractive.
Later
Nick