its a sad day for my turbo kit donor car :(

[scyzer]

Originally Posted by Gir

And we can complain when we get a $5 an hour minimum wage.

Fair enough... though, if you're earning minimum wage you wouldn't be looking at these kinds of cars (GTRs, etc.).

But you called it correctly that the majority of them have it harder than us, especially the last few years.

[Gir]

Originally Posted by scyzer

Fair enough... though, if you're earning minimum wage you wouldn't be looking at these kinds of cars (GTRs, etc.).

But you called it correctly that the majority of them have it harder than us, especially the last few years.

Point was, higher minimum wage means higher prices for everything.

The US price discrepancies are due to Aus having a strong inflated currency, which is actually pretty rare.

[rhysmcinerney]

any updates on your claim?

[Devie]

He got a white one IIRC.

[ZZT86]

Some people have no idea how to drive, the rear of the 86 doesn't look too bad considering. P platers shouldn't have the right to drive performance cars & they should be ordered to do multiple advanced driving courses after such incidents to prove they're roadworthy ! I'd be furious.

[trinitron]

Originally Posted by Gir

Point was, higher minimum wage means higher prices for everything.

The US price discrepancies are due to Aus having a strong inflated currency, which is actually pretty rare.

I disagree. Inflation is when money loses value hence causing prices to go up. Australia's dollar is worth equal if not more than USD hence its international buying value in terms of cars should be the same or more than the US.

What you are essentially saying is that a camera in let's say China costs 100 australian dollars and because that 100 dollars is worth a lot to the Chinese people, the price of the camera should be hiked up to 250 dollars when sold in Australia. Which doesn't happen.

Only happens in the Car industry because to simply put it, manufacturers love to fuck over Australia. As well as the government putting 30 or so % tax on luxury cars.

Wikipedia - "In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.[1] When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy."

[OmarGC]

That's a r33 not 34

Sent from my PC36100 using Tapatalk 2

[OmarGC]

Nvm that's a gtt or w/e 34 sry

Sent from my PC36100 using Tapatalk 2

[Gir]

Originally Posted by trinitron

I disagree. Inflation is when money loses value hence causing prices to go up. Australia's dollar is worth equal if not more than USD hence its international buying value in terms of cars should be the same or more than the US.

What you are essentially saying is that a camera in let's say China costs 100 australian dollars and because that 100 dollars is worth a lot to the Chinese people, the price of the camera should be hiked up to 250 dollars when sold in Australia. Which doesn't happen.

Only happens in the Car industry because to simply put it, manufacturers love to fuck over Australia. As well as the government putting 30 or so % tax on luxury cars.

Wikipedia - "In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.[1] When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy."

Except everything is almost twice as expensive here than in the US, not just cars, so this doesn't make any sense. We have an inflated currency, because internally we can't buy as much with a dollar as you could in the US with a US dollar.

Buying power and exchange rate are two very different things. While they are normally linked, they don't have to be.

[70NYD]

We had our dollar slowly rise, but this wasn't reflected by slowly dropping prices, instead everyone went greedy and kept prices up to maximize profits.. This is part of the result now, there is more, I just cbf.. 0%finance from most manufacturers, 1% credit cards from major banks.. Our economy turned to shit.. This is what I was saying a year to 6 months ago here, in the last financial year.. But all the economists on here were saying I was wrong (there are SO many threads) that I just gave up arguing with walls.. But turns out I was right lol. I'm not happy I was right btw, not in this case

[trinitron]

Originally Posted by Gir

Except everything is almost twice as expensive here than in the US, not just cars, so this doesn't make any sense. We have an inflated currency, because internally we can't buy as much with a dollar as you could in the US with a US dollar.

Buying power and exchange rate are two very different things. While they are normally linked, they don't have to be.

Twice as expensive? Go to the Apple Store, after the increase in AUD value they dropped around 50 to 100 dollars off their laptops/imacs around a year ago.

1000 dollar macbook air is not 2000 dollars in Australia?
You are doing the maths wrong.

what else is twice as expensive?
Possibly imported foods, which have to be high due to the high weight low value nature of shipping food.
Buy from Farmer's markets and I assure you, the prices aren't that different compared to America.

It still doesn't explain why cars in Australia have to be priced so high; why not pay the same as the US market if Toyota Japan get the same money back in the end? We are essentially being fucked by the middle man.

[Devie]

We pretty much pay just as much as US do for Apple products (except Mac Pro, as it hasnt been updated since 2008 the price hasnt changed). The main difference is our price has 10% GST included in it, their price is before tax.

TV's, whitegoods, tools, and furniture we get pretty shafted on compared to USD.

[70NYD]

Apple is one of those regulated products that are exceptions. Most small goods that can be shipped for cheap we do not get shafted on due to stores competing as much as possible with overseas sales now (now not 3 years ago)
But larger things that you just wouldn't buy from over seas, as Devie said, and we get shafted on them
Issue is australia has no borders, so everything you bring in is through airports and people just can caryon a fridge, like you would in Europe, where you would drive to another country and buy something cheaper if you wished

[jet86]

Originally Posted by scyzer

You guys can start complaining when you pay $160K AUD for a GTR

I payed 167k for a gtr