Mar 12, 2009 12:32:07 PM
- Ron (Houston)
- Rennteam Moderator
- Loc: Houston, TX , United States
- Posts: 8812, Gallery
- Registered on: Apr 10, 2002
Mar 12, 2009 12:32:07 PM
Mar 12, 2009 12:33:45 PM
Mar 12, 2009 1:19:03 PM
Mar 12, 2009 10:54:53 PM
Mar 12, 2009 11:12:05 PM
Why?
German buyers can buy a LHD German spec car from a UK dealer as an export (i.e. without paying 15% UK VAT). They can convert their Euros into British Pounds very, very favourably right now to pay for the deposit and they can EITHER buy an OTC FX Forward (EUR/GBP) trade to lock in the great FX rate OR an OTC FX Option (EUR/GBP) trade (i.e. to hedge the FX risk between the time of placing the order and the time for making payment of the balance of the purchase price). They can then collect the car (using factory collection) from Zuffenhausen thereby preventing any need to collect from the UK dealer. Lastly, they can register the car personally in Germany and pay 19% German sales tax to the German tax authorities.
So simple! And they can save currently in excess of Euros 22860 right now. I know - I have recently done the calculations:
Savings for German buyers on a new GT3 Mk2.html
The UK is a bargain place to buy Porsches right now for buyers from the Eurozone.
Rennteam Moderator - 997S GT Silver/Cocoa, -20mm/LSD, PSE, SportDesign rims, Zuffenhausen collection
Mar 12, 2009 11:24:32 PM
Queram:
A GT3 MKII is more than 220000€ here. I am seriously considering buying a house near a track in Europe and opening an office as well. I like to spend time there anyways.
--
2006 C4S --to be ditched soon..
Suzuki Burgman AN400
I will rent you an apartment 50 km south of Hockenheimring and give you a job in my company .
AM
I posted UK prices a week or so ago on the Panamera board and made the suggestion that Euro buyers may want to consider purchasing in the UK and doing factory collection
According to an article in Autocar the other week, 20% of Porsche GB sales are currently to buyers in other EU countries.