CGT - any high mileage cars for sale? Why premium for UK?

CGT - any high mileage cars for sale? Why premium for UK?

Author
Discussion

Schnellmann

Original Poster:

1,893 posts

218 months

Thursday 12th December 2013
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Looking on PH classifieds there are not many CGTs for sale and all have not much more than delivery milage.

Assuming that some owners actually drive them, rather than store them as investments....do higher mileage cars actually come up for sale but get sold without being advertised?

Also, when doing a bit of research a few months back it seemed that the cars fell into three price categories: UK cars > European > US. However, I think the technical differences between deliveries to the three markets (especially between UK and Europe) were not significant. Any reason for the price difference? Just because UK cars would presumably have been maintained by Porsche Reading and so a known quantity?

andymc

7,501 posts

221 months

Thursday 12th December 2013
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I would assume the high milers would be keepers as they are getting driven

Ernesto

109 posts

187 months

Thursday 12th December 2013
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All cars are mechanically identical. Age and origin are irrelevant although the US style bumper is not that appealing I agree.

Most imported cars would have been maintained by Porsche Reading anyway.

benny 61

467 posts

198 months

Thursday 12th December 2013
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Can only Porsche Reading service these cars?

SpeedYellow

2,533 posts

241 months

Thursday 12th December 2013
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Yes only Porsche GB for official servicing, last time I was in there they had about 12 cars stored for the owners in the warehouse at the back some of which I'm told have 50k+ miles on them without any issues.

Think Porsche GB would be a good place to ask about cars as they seem to know what's going on with them all. Were cars for sale there that were not advertised anywhere.

will_

6,034 posts

217 months

Thursday 12th December 2013
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I beleive that there is quite a significant cost to change a EU spec car to be UK legal e.g. headlights etc. Can anyone confirm?

Schnellmann

Original Poster:

1,893 posts

218 months

Thursday 12th December 2013
quotequote all
will_ said:
I beleive that there is quite a significant cost to change a EU spec car to be UK legal e.g. headlights etc. Can anyone confirm?
Back in the summer I did think about buying a CGT in Switzerland and bringing it back to the UK with me next year. I spoke with Andy at Reading. I don't recall him saying there was any significant cost or trouble in registering in the UK. Of course, you have to bear in mind that even if it cost (say) £5000 that might by itself be a lot but is not really much when the car costs £300'000, if you see what I mean.

neil-f

1,647 posts

221 months

Thursday 12th December 2013
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CGT won't fit in your garage wink

Schnellmann

Original Poster:

1,893 posts

218 months

Thursday 12th December 2013
quotequote all
neil-f said:
CGT won't fit in your garage wink
CGT will fit perfectly...but the wife's won't fit too! I'll buy her an ice-scraper for Xmas...

isaldiri

21,842 posts

182 months

Thursday 12th December 2013
quotequote all
SpeedYellow said:
Think Porsche GB would be a good place to ask about cars as they seem to know what's going on with them all. Were cars for sale there that were not advertised anywhere.
+1, at least one car stored there changed hands privately that I heard about and was never advertised. Would absolutely not buy any car in the UK if Reading did not give the all clear personally.

thegoose

8,075 posts

224 months

Thursday 12th December 2013
quotequote all
Schnellmann said:
will_ said:
I beleive that there is quite a significant cost to change a EU spec car to be UK legal e.g. headlights etc. Can anyone confirm?
Back in the summer I did think about buying a CGT in Switzerland and bringing it back to the UK with me next year. I spoke with Andy at Reading. I don't recall him saying there was any significant cost or trouble in registering in the UK. Of course, you have to bear in mind that even if it cost (say) £5000 that might by itself be a lot but is not really much when the car costs £300'000, if you see what I mean.
Careful though, you will have to pay 10% duty and then 20% VAT on importing a car from a non-EU country. So a £300,000 car will be £396,000 (plus MOT and anything it needs to pass e.g. headlights, £55 first reg fee and road tax).

Schnellmann

Original Poster:

1,893 posts

218 months

Thursday 12th December 2013
quotequote all
thegoose said:
Careful though, you will have to pay 10% duty and then 20% VAT on importing a car from a non-EU country. So a £300,000 car will be £396,000 (plus MOT and anything it needs to pass e.g. headlights, £55 first reg fee and road tax).
No VAT if you owned it for 6 months prior to importing and keep for at least 12 months after importing.

Guyr

2,440 posts

296 months

Sunday 15th December 2013
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Schnellmann said:
No VAT if you owned it for 6 months prior to importing and keep for at least 12 months after importing.
Provided you were living outside the UK for 12 months and are now moving your main home back to the UK.

gunner

742 posts

244 months

Monday 16th December 2013
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And what's the story with bringing a car over from the continent?I assume if VAT's been paid abroad then it's exempt in the UK?Any idea of conversion costs to UK spec?

thegoose

8,075 posts

224 months

Monday 16th December 2013
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gunner said:
And what's the story with bringing a car over from the continent?I assume if VAT's been paid abroad then it's exempt in the UK?Any idea of conversion costs to UK spec?
For an EU registered car you just need a CoC (EU Certificate of Conformity) & an MOT, then pay the first registration fee of £55, and buy road tax at the same time. How strict the MOT station are about headlamp aim etc is variable.