Rennteam 2.0 - EN - Forum - Re: Europeans Go to U.S. Dealers To Buy Cars From - Page1

Jun 12, 2008 11:30:41 PM

Jim_in_Iowa: Pilot; Loc: US; Posts: 336, Gallery; Registered on: May 18, 2005

Europeans Go to U.S. Dealers To Buy Cars From Home

The weak dollar is drawing a new group of Europeans to shop in the U.S. -- for European cars.

More Europeans are turning to the U.S. to buy luxury cars, from Porsche 911s to Volvo 4x4s, and then shipping them back home. The cheap dollar and competitive pricing in the slow U.S. market can yield savings of as much as 30% of the cost of similar models in Europe, even after costs of transporting the cars and complying with different emissions standards.

http://online.wsj.com/article/SB121322618872266061.html?mod=AutosChannelMain_RelatedStories

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Jun 13, 2008 5:40:38 AM

intouch1: Rennteam Master; Loc: Red Sea , Egypt; Posts: 5752, Gallery; Registered on: May 22, 2004; Reply to: Jim_in_Iowa

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

true....and i am currently sourcing an X6 50i from the US.
Its priced at 100k euro in Germany vs 85 k dollars in the US

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Jun 13, 2008 7:42:10 PM

amazon: Rennteam Pro; Loc: Belgium , Belgium; Posts: 2110, Gallery; Registered on: Jul 5, 2004; Reply to: intouch1

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

I really do wonder how it works.

I mean, a US spec car wiil have to be modified.

If you don't, I can't start to think how hard you will have to sell the car, or worst, trade it in.

You'll probably loose the difference on resale. So what's the point?

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Jun 13, 2008 8:32:49 PM

Crash: Rennteam VIP; Loc: Never been to , Antarctica; Posts: 8287, Gallery; Registered on: Oct 17, 2002; Reply to: amazon

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
amazon said:
I really do wonder how it works.

I mean, a US spec car wiil have to be modified.

If you don't, I can't start to think how hard you will have to sell the car, or worst, trade it in.

You'll probably loose the difference on resale. So what's the point?

Considering that a fully-specced Audi S5 costs 35.000 euros in the US, which with shipping, mods and taxes still nets under 50.000 euros, I respectfully disagree. Once the car is out of warranty (usually 2 years), it doesn't matter. Also, the required modifications are relatively miniscule. An S5 with similar options as a US car will run you over 70.000 euros here.

That being said, a possible lack of warranty is potentially worrisome, as I have already had the transmission and computer replaced in the A5.

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Jun 13, 2008 8:49:59 PM

Gladstone: Expert; Loc: Kansas City, MO , United States; Posts: 1813, Gallery; Registered on: Feb 27, 2008; Reply to: Crash

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

I recall years ago when importing a Euro car to the US required heavier bumpers and door reinforcements, etc.
Just curious as to what modifications are needed to import a US spec car into the EU today?
Are the emissions specs even tighter than California?

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Jun 15, 2008 10:16:09 AM

lazydoc: Newbie; Loc: uk; Posts: 3, Gallery; Registered on: Jun 1, 2008; Reply to: Gladstone

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

I have a question. I am looking to export a nearly new 911 from the Us to me here in Europe because the saving are huge. I don't have to pay tax so it works out at half the cost. A C2 would cost me the same a Turbo would in the us.

Anyway here is my question. What if i was to buy a car with European delivery and just not ship the car back?

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Jun 15, 2008 1:34:17 PM

MMD: Rennteam VIP; Loc: usa; Posts: 9652, Gallery; Registered on: Dec 16, 2004; Reply to: lazydoc

Re: Europeans Go to U.S. Dealers To Buy Cars From

That's great! Maybe while the Europeans are here they can break in their new cars by visiting the suburbs and spend money at the numerous garage sales to keep the US economy going.

:

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Jun 15, 2008 2:05:17 PM

Gnil: Rennteam Moderator; Loc: VD, Switzerland , Switzerland; Posts: 14173, Gallery; Registered on: Mar 11, 2005; Reply to: amazon

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
amazon said:
I really do wonder how it works.

I mean, a US spec car wiil have to be modified.

If you don't, I can't start to think how hard you will have to sell the car, or worst, trade it in.

You'll probably loose the difference on resale. So what's the point?

On AutoScout , our 2 nd hand internet car offer, there a quite a few US Porsches to sell. Some brand new.
It is damm worth it !!!!
A friend of mine imported a C4S 996 and ended up paying 40'000 $ only !!!

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Jun 15, 2008 4:12:25 PM

SlvSurfer: Co-Pilot; Loc: MC; Posts: 171, Gallery; Registered on: Jul 19, 2004; Reply to: Gnil

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

I believe its not only the USD that makes it cheap but also the fact that cars in the US depreciate more than they do in Europe. (Except Ferrari)

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Jun 16, 2008 3:16:56 PM

BiTurbo: Rennteam Master; Loc: X , United States; Posts: 3252, Gallery; Registered on: Jan 27, 2006; Reply to: Crash

Re: Europeans Go to U.S. Dealers To Buy Cars From

Quote:
Crash said:
Quote:
amazon said:
I really do wonder how it works.

I mean, a US spec car wiil have to be modified.

If you don't, I can't start to think how hard you will have to sell the car, or worst, trade it in.

You'll probably loose the difference on resale. So what's the point?

Considering that a fully-specced Audi S5 costs 35.000 euros in the US, which with shipping, mods and taxes still nets under 50.000 euros, I respectfully disagree. Once the car is out of warranty (usually 2 years), it doesn't matter. Also, the required modifications are relatively miniscule. An S5 with similar options as a US car will run you over 70.000 euros here.

That being said, a possible lack of warranty is potentially worrisome, as I have already had the transmission and computer replaced in the A5.

And I was thinking of ordering an RS6 V10 TT

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Jun 16, 2008 6:22:59 PM

waiting for PDK: Pilot; Loc: Chicago, IL; Posts: 401, Gallery; Registered on: Apr 23, 2005; Reply to: lazydoc

Re: Europeans Go to U.S. Dealers To Buy Cars From

Quote:
lazydoc said:
What if i was to buy a car with European delivery and just not ship the car back?

lazydoc,

I bought a Volvo and did European delivery a couple of years ago. You sign forms stating you will export the car, there's an escrow to cover your VAT (which is refunded when the car is exported) and a couple of other forms to make sure you can't initially register the car outside the US.

If you don't ship the car back, your US selling dealer is pretty much directly taking a sale from your UK dealer. I'm sure corporate Porsche has already foreseen this and would make it very difficult to do as you propose.

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Jun 17, 2008 10:15:09 AM

lazydoc: Newbie; Loc: uk; Posts: 3, Gallery; Registered on: Jun 1, 2008; Reply to: waiting for PDK

Re: Europeans Go to U.S. Dealers To Buy Cars From

ah ok, I was looking for a used 07 911 anyway. Thanks for the info

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Jun 18, 2008 6:10:31 AM

U Boat Commander: Veteran; Loc: Los Angeles, CA; Posts: 1250, Gallery; Registered on: May 8, 2004; Reply to: lazydoc

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
lazydoc said:Anyway here is my question. What if i was to buy a car with European delivery and just not ship the car back?

Interesting question. Buy the car from a US dealer with factory collection. It seems like all you would have to do is get it titled in your Euro country. There must be a catch.

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Jun 18, 2008 10:16:02 AM

Crash: Rennteam VIP; Loc: Never been to , Antarctica; Posts: 8287, Gallery; Registered on: Oct 17, 2002; Reply to: U Boat Commander

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
U Boat Commander said:
Quote:
lazydoc said:Anyway here is my question. What if i was to buy a car with European delivery and just not ship the car back?

Interesting question. Buy the car from a US dealer with factory collection. It seems like all you would have to do is get it titled in your Euro country. There must be a catch.

Perhaps a clause in the contract? Btw, how do the guys of Armed Forces Europe do it? They keep their cars here for extended periods of time and their warranty seems to be doing just fine

.

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Jun 18, 2008 11:19:36 AM

Porsche-Jeck: Rennteam Master; Loc: Rheinland , Germany; Posts: 4856, Gallery; Registered on: Jun 27, 2005; Reply to: U Boat Commander

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
U Boat Commander said:
It seems like all you would have to do is get it titled in your Euro country. There must be a catch.

Yes, the catch is that you won't get it titled / regulary registered without the required papers (read: customs clearance, Euro Euro Euro for import duty, VAT etc.)

@ Crash: the army boys enjoy a special legal status (similar to diplomats)

as for the warranty: no prob - for example if you buy a Porsche in the US the warranty is valid in Europe as well (though under European terms & conditions)

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Jun 18, 2008 6:56:45 PM

Crash: Rennteam VIP; Loc: Never been to , Antarctica; Posts: 8287, Gallery; Registered on: Oct 17, 2002; Reply to: Porsche-Jeck

Re: Europeans Go to U.S. Dealers To Buy Cars From Home

Quote:
Porsche-Jeck said:
Quote:
U Boat Commander said:
It seems like all you would have to do is get it titled in your Euro country. There must be a catch.

Yes, the catch is that you won't get it titled / regulary registered without the required papers (read: customs clearance, Euro Euro Euro for import duty, VAT etc.)

@ Crash: the army boys enjoy a special legal status (similar to diplomats)

as for the warranty: no prob - for example if you buy a Porsche in the US the warranty is valid in Europe as well (though under European terms & conditions)

So a worldwide warranty applies... Looking at the prices, it wouldn't be such a stupid idea to buy a 911 from the US

.

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Aug 3, 2008 2:04:39 AM

Mad_Al: Newbie; Loc: Italy; Posts: 13, Gallery; Registered on: Sep 11, 2006; Reply to: Crash

Re: Europeans Go to U.S. Dealers To Buy Cars From

Quote:
Crash said:
Quote:
Porsche-Jeck said:
Quote:
U Boat Commander said:
It seems like all you would have to do is get it titled in your Euro country. There must be a catch.

Yes, the catch is that you won't get it titled / regulary registered without the required papers (read: customs clearance, Euro Euro Euro for import duty, VAT etc.)

@ Crash: the army boys enjoy a special legal status (similar to diplomats)

as for the warranty: no prob - for example if you buy a Porsche in the US the warranty is valid in Europe as well (though under European terms & conditions)

So a worldwide warranty applies... Looking at the prices, it wouldn't be such a stupid idea to buy a 911 from the US .

Does this also apply to other german car manufacturers?

@Porsche-Jeck and Intouch1: Got any guides on how to import and get one registered in Germany/Austria? Because getting ripped off as European customer is not acceptable anymore!

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Aug 3, 2008 3:44:39 AM

Ron (Houston): Rennteam Moderator; Loc: Houston, TX , United States; Posts: 8812, Gallery; Registered on: Apr 10, 2002; Reply to: Mad_Al

Re: Europeans Go to U.S. Dealers To Buy Cars From

If anybody is interested in buying a U.S. specs cars let me know, I have a very close and reliable friend that is doing it. He actually sent 2 C63 AMG to Germany last week.

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Aug 4, 2008 10:20:08 AM

Queram: Pilot; Loc: Istanbul , Turkey; Posts: 330, Gallery; Registered on: Jun 27, 2006; Reply to: Ron (Houston)

Re: Europeans Go to U.S. Dealers To Buy Cars From

With the current tax rates here the cars are already quite expensive.

A Carrera will run you upwards of Euro 180000 to Euro 260000(turbo)
X6 35d Euro 150000
E92 M3 Euro 145000- Euro 170000
S5 Euro 120000
TTS Roadster Euro 80000- Euro 90000
M5 Euro 180000
M6 Euro 220000

with these prices I heard about imported US spec GL series Mercede, X6, Porsche Turbos... They are more or less %30-%40 percent cheaper than these prices. I guess if you import it yourself it will be even cheaper. Talk about price savings.

Two things that might cause problems are; the cars most probably will not be covered under warranty which is just 2 years for every car make and model in my country anyways. The speedometer will be in miles. That unit is most probably exchangeble but expansive and may rquire more than just the unit itself. There probably are some more minor things but the question is if the price savings is worth the risk thats been taken? IMO yes it is..:)

Would I do it? I have to say I am compelled with the idea.

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Aug 4, 2008 10:33:51 AM

r8m8: Newbie; Loc: Europe; Posts: 24, Gallery; Registered on: Jun 24, 2008; Reply to: Queram

Re: Europeans Go to U.S. Dealers To Buy Cars From

Does anyone know of any companies that take care of most of the import work for you? I'd like to import a ferrari but I don't want to bother with the details.

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Aug 6, 2008 12:19:49 AM

cc08gt2: Junior; Loc: Texas; Posts: 120, Gallery; Registered on: Apr 23, 2008; Reply to: r8m8

Re: Europeans Go to U.S. Dealers To Buy Cars From

I do know that if a Porsche shows up in Europe or outside the US within 6 months of delivery, the car dealer that ordered the Porsche is scrutinized heavily. If they are at fault or knew of the occurrence, Porsche pulls car allocation drastically and it hurts the dealer greatly.

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Aug 6, 2008 6:56:44 AM

ha: Expert; Loc: Riyadh , Saudi Arabia; Posts: 1695, Gallery; Registered on: Nov 20, 2003; Reply to: cc08gt2

Re: Europeans Go to U.S. Dealers To Buy Cars From

If their sales start to drop they'll turn a blind eye to that policy!

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Aug 7, 2008 4:52:24 AM

U Boat Commander: Veteran; Loc: Los Angeles, CA; Posts: 1250, Gallery; Registered on: May 8, 2004; Reply to: ha

Re: Europeans Go to U.S. Dealers To Buy Cars From

Porsche Fanatic over on Teamspeed bought a slightly used 997S for like $55K here in LA and imported it back to Sweden. It can't be that hard to do.

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Aug 7, 2008 1:31:10 PM

EricAlain: Veteran; Loc: Paris, France , France; Posts: 1037, Gallery; Registered on: Nov 14, 2002; Reply to: U Boat Commander

Re: Europeans Go to U.S. Dealers To Buy Cars From

If you buy a "used" Porsche from a "private" seller, there is no problem at all.
The real problem is to buy a new one from an official Porsche dealer and then export it.
The trick is to have a friend of yours buying a new Porsche at the dealer and then selling it to you a few weeks later.

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Aug 8, 2008 1:50:05 AM

cc08gt2: Junior; Loc: Texas; Posts: 120, Gallery; Registered on: Apr 23, 2008; Reply to: EricAlain

Re: Europeans Go to U.S. Dealers To Buy Cars From

Quote:
EricAlain said:
If you buy a "used" Porsche from a "private" seller, there is no problem at all.
The real problem is to buy a new one from an official Porsche dealer and then export it.
The trick is to have a friend of yours buying a new Porsche at the dealer and then selling it to you a few weeks later.

Now that's a good way to beat the system.

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Aug 8, 2008 8:42:14 AM

BangoO: Pilot; Loc: France , France; Posts: 366, Gallery; Registered on: Apr 22, 2006; Reply to: cc08gt2

Re: Europeans Go to U.S. Dealers To Buy Cars From

So now... what differences are there between a US and a european 997 ?
One would have to change the speedo, but what else ?

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