Will it mean more Mus?
http://www.stuff.co.nz/business/industr ... -used-cars
Thanks to its early dismantling of tariff barriers in the neo-economic push of the 1990s, a massive trade in used Japanese cars to New Zealand began and Kiwi consumers lapped up the bargains on offer.
That lasted until 2004, when Russia made its debut at the Japanese used-car auctions, sparking what has now become a competitive market, with New Zealand among the top six buyer countries. The market tends to attract countries like Japan where drivers stick to the left-hand side of the road.
Now the competitor that New Zealand used-car importers fear the most is Australia, although it has yet to show up on the chart of those snapping up the cars.
It is being tipped to enter the market in the next few years, joining Russia, Myanmar, United Arab Emirates, New Zealand, Chile and South Africa.
Russia is the powerhouse now, although its imports spike and then fall away each year in a seasonal cycle as some of its major ports freeze over, said Turners Auctions chief executive Todd Hunter.
But Australia was likely to also join in as its domestic car manufacture was vanishing with the likes of Ford, Toyota and Holden moving production overseas.
Aussis to start used imports
Re: Aussis to start used imports
We here in Aus set and hope mate.
Re: Aussis to start used imports
This is way overdue in AUS as the 2nd hand car market is overpriced.
I do believe it is still a way off yet and probably will be after 2017 when the final Holdens, Fords and Toyotas cease production.
It's a shame really that manufacturing will cease as even though the commodore, falcon and camry get a beating from the critics they aren't actually bad cars when you look at what you get as a whole.
On the flip side now might be the time to invest in a final model Aussie muscle car and mothball it so as to cash in on it in 15-20 years time as they may be sought after. I believe some of the old GT's and Monaro's from 70's now attract in the $100,000's.
I do believe it is still a way off yet and probably will be after 2017 when the final Holdens, Fords and Toyotas cease production.
It's a shame really that manufacturing will cease as even though the commodore, falcon and camry get a beating from the critics they aren't actually bad cars when you look at what you get as a whole.
On the flip side now might be the time to invest in a final model Aussie muscle car and mothball it so as to cash in on it in 15-20 years time as they may be sought after. I believe some of the old GT's and Monaro's from 70's now attract in the $100,000's.
Re: Aussis to start used imports
Yeah I can't believe the prices some cars go for in Aussie that are only worth $2000 here.
A few years ago I looked at moving over. I owned an AE101 Levin at the time. I could have shipped my entire life over there, sold the Levin and made a profit!!
A few years ago I looked at moving over. I owned an AE101 Levin at the time. I could have shipped my entire life over there, sold the Levin and made a profit!!

