Original Market (US, German, etc) Affect on Early S Values?

[Bob Schaefer]

Hello - I'm curious about board member's perspectives on the current value of early S's based on the market they were originally sold into. Presumably the US was Porsche's largest market back then, as it is today....

I.e. Any difference in value today between a particular early S U.S. model and it's German, French, or whatever market equivalent??

Your thoughts?

[npvpositive]

In Australia the market will pay a premium for an Australian-delivered early 911 . . . or apply a penalty to non-Aussie cars, depending on how you look at it. This is not just a RHD versus LHD issue because there is even a discount applied to cars that were originally delivered in other RHD markets (UK, particularly because of suspicion about rust). From what I've seen the premium/discount is narrowing as early 911 valuations rise. . . high valuations support high freight costs so it is becoming a "global market". 73RS is a good case study, country of origin no longer has much if any impact on value.

[BOYER73S]

In Australia the market will pay a premium for an Australian-delivered early 911 . . . or apply a penalty to non-Aussie cars, depending on how you look at it. This is not just a RHD versus LHD issue because there is even a discount applied to cars that were originally delivered in other RHD markets (UK, particularly because of suspicion about rust). From what I've seen the premium/discount is narrowing as early 911 valuations rise. . . high valuations support high freight costs so it is becoming a "global market". 73RS is a good case study, country of origin no longer has much if any impact on value.

yes and customs getting smarter too with luxury car tax (anything over 57,500 ) has a tax of 33c in the dollar now so cars already here RHD opr LHD will appreciate as it gets harder and more expensive to import one.

[super9064]

Just out of curiosity would there be a re-import tax on a 1968S that was originally purchased by a German citizen, then flipped to a American.

[BOYER73S]

Re import to where, Germany from USA??

[super9064]

Re import to where, Germany from USA??

Yes, back to Germany, or the EU.

[juche_namja]

Re import to where, Germany from USA??

That is kind of funny. A government that doesn't tax or re tax? I'm not a tax expert, but you can bet if they squeeze a euro and or dollar or whatever they will.

[rower]

Just out of curiosity would there be a re-import tax on a 1968S that was originally purchased by a German citizen, then flipped to a American.

Customs duties are frustrating.
I just reimported a car last week from the UK. It was sold to a UK buyer a year plus ago from the US. I then bought it and brought it back. The UK seller was able to reclaim their duty as a temporary display, but I had to pay the US duty to reimport it. It was a bit confusing because ownership technically transferred between two UK entities in the interim there. But the car is happier here. Always a CA car, with documentation going back to the original purchase.

[nickb4]

Would this statement, extracted from the CBP website allow you to reimport the former U.S. car duty free? I'm having a difficult time determining if this implies you can reimport your U.S. car that you once exported duty free or if it implies you can reimport any exported U.S. car duty free

http://www.cbp.gov/xp/cgov/trade/bas...AWordofCaution

•Re-Importing A Previously Exported Vehicle
A vehicle taken from the United States for non-commercial, private use may be returned duty free by proving to CBP that it was previously owned and registered in the United States. This proof may be a state-issued registration card for the automobile or a bill of sale for the car from a U.S. dealer. Repairs or accessories acquired abroad for your vehicle must be declared on your return and may be subject to duty.

[LongRanger]

. . . curious about board member's perspectives . . . Any difference in value today between a particular early S U.S. model and it's German, French, or whatever market equivalent?? . . .

It prolly comes down more to a matter of supply. Not only were there more US cars to begin with --- but they also seem to just do better here in America. When was the last time a decent 911 got pulled out of a barn in Germany? Or France?

But US-market cars also have a reputation for having more restrictions/less performance --- not always deserved . . . and that might factor in for some

Personally? --- I prefer the so-called 'RoW' cars . . . mostly for their aesthetics. I like the non-sealed-beam headlights and their more interesting/colorful turn-signals. Also their novelty --- over half (Ludvigsen writes 70%) of Porsche's production was exported to the US. Plus, given the European climate, more-rigorous annual inspections and higher cost-of-operation? . . . I would expect that the survival-rates for older RoW cars would be pretty low . . .

Lower supply = higher demand . . . IMO