Forum Discussion
pauljo
May 28, 2015Explorer
Hi Rod
I have just about finished my research and the conclusion I am coming to is that it is marginally cheaper to buy a vehicle in the US and ship it home for conversion, based on figures I could get off the net:
The price of an Australian 2014 Silverado 3500HD 4WD LTZ Crew Cab with high end diesel and Alison box was around $152,000 registered and on road - I know the price of used cars varies so I tried to get an "average" price from the limited number of adverts available. On top of this I would need to have a hitch mechanism fitted in Australia as most I have seen on the net do not have one fitted
By comparison. if I was to buy in the US and pay taxes, etc I can pick a similar one up, use it for 1-2 years and then bring it back and have it converted (including air brake fitment, shipping, customs, GST and local transport) for about AUD$130,000. I have tried to be conservative with the data so I do not have any surprises
The final kicker was the loss on sale I would make in the US if I had to sell the US vehicle before leaving and then buy a another in Australia. I allowed for a drop in value of 10% for the time I am in the US (about AUD$7,000) - I think I am being conservative given I would more than likely have to sell to a US dealer and not privately as time would be against me.
This came to about a $27,000 savings of importing over selling the US vehicle and buying another in Australia
The other benefit of the "bring it home" approach is I should be able to get exactly what I want in the US - its a far bigger market than back home.
Of course with a smaller trailer then the option of the equivalent in a 2500 Sliverado (can use a car licence where the larger vehicle requires medium rigid licence in Australia) - the savings were about $15,000 for that option which did surprise me - the main difference was that there seemed to be much cheaper 2500's in Australia whereas in the US the prices seemed much closer.
The only thing I was unsure about is whether the US hitch in the Silverado would be acceptable in Australia (I understand the trailer coupling is not) - I intended to buy the best I could in the US. I have left that price of a new hitch out of both options to be conservative.
I realise you were initially not interested in bringing a tow vehicle back home but I thought you may like the information.
It is also an opportunity for others to voice their perspective which may open ideas I did not think of and that would be very handy
Paul
I have just about finished my research and the conclusion I am coming to is that it is marginally cheaper to buy a vehicle in the US and ship it home for conversion, based on figures I could get off the net:
The price of an Australian 2014 Silverado 3500HD 4WD LTZ Crew Cab with high end diesel and Alison box was around $152,000 registered and on road - I know the price of used cars varies so I tried to get an "average" price from the limited number of adverts available. On top of this I would need to have a hitch mechanism fitted in Australia as most I have seen on the net do not have one fitted
By comparison. if I was to buy in the US and pay taxes, etc I can pick a similar one up, use it for 1-2 years and then bring it back and have it converted (including air brake fitment, shipping, customs, GST and local transport) for about AUD$130,000. I have tried to be conservative with the data so I do not have any surprises
The final kicker was the loss on sale I would make in the US if I had to sell the US vehicle before leaving and then buy a another in Australia. I allowed for a drop in value of 10% for the time I am in the US (about AUD$7,000) - I think I am being conservative given I would more than likely have to sell to a US dealer and not privately as time would be against me.
This came to about a $27,000 savings of importing over selling the US vehicle and buying another in Australia
The other benefit of the "bring it home" approach is I should be able to get exactly what I want in the US - its a far bigger market than back home.
Of course with a smaller trailer then the option of the equivalent in a 2500 Sliverado (can use a car licence where the larger vehicle requires medium rigid licence in Australia) - the savings were about $15,000 for that option which did surprise me - the main difference was that there seemed to be much cheaper 2500's in Australia whereas in the US the prices seemed much closer.
The only thing I was unsure about is whether the US hitch in the Silverado would be acceptable in Australia (I understand the trailer coupling is not) - I intended to buy the best I could in the US. I have left that price of a new hitch out of both options to be conservative.
I realise you were initially not interested in bringing a tow vehicle back home but I thought you may like the information.
It is also an opportunity for others to voice their perspective which may open ideas I did not think of and that would be very handy
Paul
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