Buyer Beware - Sydney Used EP3 Type R

[dodgyimports]

joe @ xtreme motor sports has a pretty solid reputation from what i've seen. I would ask him if you can see the auction sheet (if it came from auction) and de-registration form for the car - i'd be surprised if he couldn't produce them.

[flop101]

joe @ xtreme motor sports has a pretty solid reputation from what i've seen. I would ask him if you can see the auction sheet (if it came from auction) and de-registration form for the car - i'd be surprised if he couldn't produce them.

im not sure if his rep is as good as you think it is.
tried to convince me that no one is allowed to get the facelift ep3s in anymore because compliance for them has been "banned".
After my 15k offer for the 2004 ep3 there was rejected i got on the phone with gavin from IMG and he set the record straight that they are pretty much full of it.

[charliebrown]

LOL 15k is pretty insulting... its advertised for 25k isnt it

gavin gets good cars but farkk they go for around 18

[dodgyimports]

After my 15k offer for the 2004 ep3 there was rejected i got on the phone with gavin from IMG and he set the record straight that they are pretty much full of it.

15k? A decent grade EP3 with circa 60,000 km's goes at auction in Japan for $9,500 thats BEFORE it gets shipped here, taxed to buggery and goes through the compliance process. If you were to try and import one yourself it would cost you approx $18,000 landed and complied.

IF IF IF joe can produce paperwork to verify the kilometers (did you ask him?) then I don't think his asking price is altogether unreasonable. If you're buying from a dealer you should expect to see a margin. Getting an opinion from a dealer about another dealer? LOL

Alternatively you could go and buy one with 60,000kms for $18k from another dealer and believe that he is making 1-2k by doing the compliance himself. Do you really think a 1-2k margin on an imported car would keep a dealer in business?

[EKVTIR-T]

There's one on this forum going for 15.5k

[flop101]

I think you guys are a little confused about what went on (most likely due to how i pieced my comment above earlier).
I offered 15k because i found it quite suspect of them to try and convince me off the bat that no one in Australia can compliance a FL ep3. I asked when that ruling occurred and all i got was umming and erring.
I got on the phone to Gavin from IMG and didnt actually state that i had been to xtreme motor sport, i just asked him that i had been test driving a FL ep3 next to my house (didnt disclose the dealer name) told me that compliancing was no longer available on the FL ep3. I also got him to confirm to me what the situation was about compliancing FL ep3s.
$25k for a 04 ep3 is expensive if you ask me. However im no expert.

[flop101]

[QUOTE=
Alternatively you could go and buy one with 60,000kms for $18k from another dealer and believe that he is making 1-2k by doing the compliance himself. Do you really think a 1-2k margin on an imported car would keep a dealer in business?[/QUOTE]

Im not expert in accounting, however if you had high volume and low margin as opposed to high margin and low volume, it would more or less look the same on your P&L statements.

[charliebrown]

$25k for a 04 ep3 is expensive if you ask me. However im no expert.

bring in a facelift ep3 with 59xxx yourself and see how much it costs... on average they will cost around $22-23000 landed, complied. then add cost of stamp duty and rego on top of that.

xtreme's price includes the stamp duty, and 12 months rego (and warranty?). that's not a bad deal if they can produce auction and dereg papers to confirm the legitimacy of the km

3 cars recently landed and complied
2005/CIVIC TYPE R/2,000cc/57,000km/White/MT/4/$21,700
2005/CIVIC TYPE R C PG/2,000cc/58,000km/White/MT/3.5/$22,300
2004/CIVIC TYPE R C PG/2,000cc/42,000km/White/MT/4.5/$24,700

[mocchi]

lol 15k

[flop101]

bring in a facelift ep3 with 59xxx yourself and see how much it costs... on average they will cost around $22-23000 landed, complied. then add cost of stamp duty and rego on top of that.

xtreme's price includes the stamp duty, and 12 months rego (and warranty?). that's not a bad deal if they can produce auction and dereg papers to confirm the legitimacy of the km



3 cars recently landed and complied
2005/CIVIC TYPE R/2,000cc/57,000km/White/MT/4/$21,700
2005/CIVIC TYPE R C PG/2,000cc/58,000km/White/MT/3.5/$22,300
2004/CIVIC TYPE R C PG/2,000cc/42,000km/White/MT/4.5/$24,700

from which importer?

[Symphorced]

im not sure if his rep is as good as you think it is.
tried to convince me that no one is allowed to get the facelift ep3s in anymore because compliance for them has been "banned".
After my 15k offer for the 2004 ep3 there was rejected i got on the phone with gavin from IMG and he set the record straight that they are pretty much full of it.

Was the offer rejected or laughed at?

[charliebrown]

did you flog his car first?