2 Sep 2016

Government to give gifts to super rich. Boys toys are about to get a lot cheaper.


The government is risking consumer protection, road safety and industry jobs to help the super-rich
"Why the government has decided to stick the knife into car dealers who are traditionally supporters of the Liberal Party has everyone scratching their heads. How is saving thousands on a Ferrari going to help swinging voters who can't afford one? This policy is going to hurt the working and middle classes who service and sell luxury cars, because the dealership won't be able to keep everyone on once there is a downturn in sales of factory-imported vehicles".
Industry experts also warn the new law threatens to make Australia a "dumping ground for discounted demonstrator models" from abroad, that may have been repaired after a crash.
The government wants to allow "new" cars with up to 500km on the clock to be imported privately, even though the industry definition of a used car is one that has travelled more than 100km.
Furthermore, the government has warned private individuals would be responsible for seeking their own warranty, service and recall work.
"The government is risking consumer protection, road safety and industry jobs to help the super-rich," said the car industry executive.
Savings for the super rich
Lamborghini Aventador V12
Australian RRP: $795,000
Private import price: $622,790
Saving: $172,210
Porsche 911 Turbo S
Australian RRP: $444,500
Private import price: $342,154
Saving: $102,346
Rolls-Royce Ghost V12
Australian RRP: $595,000
Private import price: $531,548
Saving: $63,452
Mercedes-Benz S600 Maybach
Australian RRP: $448,610
Private import price: $386,828
Saving: $61,782
Ferrari 458GTB
Australian RRP: $469,888
Private import price: $413,387
Saving: $56,501

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