Are we being screwed for new motors

Mailman

Go to www.hyundaiusa.com and look at the prices for the taiburon coupe.

It's sold in the US for $15,999 MSRP so you can expect to get it for about $15,000 when you go into a dealer armed with the dealer invoice price.

Note that this is the 2.0 base unit, not the gutless 1.6 we get here.
Note the 100,000 fluid change intervals and the long, long, long comprehensive warranty

Now remember that the Euro and the Dollar are at parity.

VRT can't be solely responsible for the difference in price between here and there.

Mayshine

Check out www.subaru.com. Over there a WRX costs $23,995, whereas over here it is €42000 ish msrp. Assuming parity betwen € and $ we get a €18000 mark up (75%). Sometimes I really hate this country

dougal

There are varying Sales Taxes on top of the Dealer prices depending on State these can be up to 20% on top of the final price. Remember that here we include the tax in the price and there it is added on at time of sale.

Still you get a better deal over there, especially on high end cars.

seamus

It's a little diffcult to compare car prices between here and America. America - 500 million people. Ireland - 3 million people. First off we can expect to pay more for most things, because of income tax. In the US, a 2.0L engine is small. Because of the insane cheapness of petrol and lack of insurance over there, manufacturers sell more car swith big engines, and so cars with big engines become cheaper (more sales = cheaper product). My bro drove a 3.5L Dodge when he was over there, and was still outmanouvered by plenty of other cars. As well as that, the Americans manufacture many of their own cars, so importers must lower their prices in order to compete (although allegedly American cars suck, so the Japanese don't have much of a struggle on their hands).

We pay high for our cars, simple as that. 2 3-letter abbreviations sum it all up, VRT & VAT.

Mailman

The 1.6 litre car costs €24000 according to motorweb.ie here but costs just €16999 in Belgium according to www.hyundai-motor.be

VRT is 25%
VAT is equal I think

At least the Euro gives us some transparancey.

When I compared the price of a entry level Skoda Superb a few weeks ago there was €7000 difference between here and belgium too.

seamus

That hyundai link is broken.

EDIT:

OK had some facts wrong. 25% is the rate here for a car @ 1.6L
In Belgium, it seems to be waay lower ~ 7c/per cc. Meaning a 1.6L will cost around €112 :eek: to register. There's your problem. Info from http://www.acea.be/acea/20020506PublicationsTaxguideIntro.pdf

Mercury_Tilt

This post has been deleted.

mike65

The prices will proberly get higher than they already are, unless something pretty radical happens -

http://www.boards.ie/vbulletin/showthread.php?s=&threadid=42870

Mike.