Collector cars going over seas

[gb70]

I have noticed that a lot of our older collector cars are being sold to countries outside of N. America, quite a bit lately. I am not a "finance guy" but is it because of our weak dollar or? It looks like they are bringing strong money for them too.

[yenkofind]

there is not much happening in the export market at the moment, and it always looks like the cars make strong money over seas but you have to factor in the shipping costs plus tax (a 50s chevy short bed pickup from az to uk $700 to galveston,$2000 to uk ,dock fees of $1000 plus 22% import duty add allthat up plus the value of the truck then add 17.5% tax on everything

[wheelhop]

I noticed a lot of them going to Canada about a year or more ago with the low value of the U.S. dollar vs. Canadian $

[mockingbird812]

Hello Simon and welcome aboard. Whereabouts in AZ are you located?


http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[downunder1]

[ QUOTE ]
I have noticed that a lot of our older collector cars are being sold to countries outside of N. America, quite a bit lately. I am not a "finance guy" but is it because of our weak dollar or? It looks like they are bringing strong money for them too.

[/ QUOTE ]

We have had a lot of cars coming in to New Zealand from the US over the last few years but that has slowed down a lot recently mainly because of the economy and our lousy exchange rate. One US dollar costs us about $1.80 NZ and by the time taxes etc are added a $40K (US) car can cost us about $85K NZ dollars.
We have a very strong American car and muscle car culture down here and the cars are very well looked after.
We have one of our biggest shows of the year this coming weekend.
It is the Kumeu Classic Car and Hot Rod festival, about 50-60,000 visitors are expected over the two days.

John
http://www.yenko.net/ubbthreads/images/graemlins/3gears.gif http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[gb70]

[ QUOTE ]
[ QUOTE ]
I have noticed that a lot of our older collector cars are being sold to countries outside of N. America, quite a bit lately. I am not a "finance guy" but is it because of our weak dollar or? It looks like they are bringing strong money for them too.

[/ QUOTE ]

We have had a lot of cars coming in to New Zealand from the US over the last few years but that has slowed down a lot recently mainly because of the economy and our lousy exchange rate. One US dollar costs us about $1.80 NZ and by the time taxes etc are added a $40K (US) car can cost us about $85K NZ dollars.
We have a very strong American car and muscle car culture down here and the cars are very well looked after.
We have one of our biggest shows of the year this coming weekend.
It is the Kumeu Classic Car and Hot Rod festival, about 50-60,000 visitors are expected over the two days.

John
http://www.yenko.net/ubbthreads/images/graemlins/3gears.gif http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[/ QUOTE ]

That is great. List some pictures later.

[SBR]

I spoke with a classic Corvette dealer and he said that he has sold cars that were going to Dubai.

[downunder1]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I have noticed that a lot of our older collector cars are being sold to countries outside of N. America, quite a bit lately. I am not a "finance guy" but is it because of our weak dollar or? It looks like they are bringing strong money for them too.

[/ QUOTE ]



We have had a lot of cars coming in to New Zealand from the US over the last few years but that has slowed down a lot recently mainly because of the economy and our lousy exchange rate. One US dollar costs us about $1.80 NZ and by the time taxes etc are added a $40K (US) car can cost us about $85K NZ dollars.
We have a very strong American car and muscle car culture down here and the cars are very well looked after.
We have one of our biggest shows of the year this coming weekend.
It is the Kumeu Classic Car and Hot Rod festival, about 50-60,000 visitors are expected over the two days.

John
http://www.yenko.net/ubbthreads/images/graemlins/3gears.gif http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[/ QUOTE ]

That is great. List some pictures later.

[/ QUOTE ]

I will try and remember to take my camera.

[MosportGreen66]

Ask Nils (NEW on this board). He will give you a good idea of the international car market from his area. My 27k mile '70 Camaro went to Norway along with my brother's old '72 Nova SS 350. Nils has some serious muscle but I do not want to say more without his consent.

-Dan

[Tommy]

I have a customer I visit in Paducah, KY that has sold a few cars to a gentleman in Sweden. He sends someone with cash to pay for the car and have it put in a container for shipping. Another customer of mine in hopkinsville recently sold a 35 ford pickup to someone in Germany. The only emails I get from overseas are from some guy that can't type and wants to deposit several million in my bank acct.... http://www.yenko.net/ubbthreads/images/graemlins/confused.gif



Tommy http://www.yenko.net/ubbthreads/images/graemlins/burnout.gif

[NEW]

Hello.

There has been coming quite a few cars over here to Europe the last year. However since August 08, the exchange rate between for example Norwegian Krone, and USD has gone north about 40%.

So having that coming in on you, when you know where it came from, is probably slowing it down for a while. Where the exchange rate is at now, is the average over years, it was very very low, so i think the buying will pick up again.

Most of the cars coming to Northern Europe is regular, normal driver cars. A few low mileage cars and so, but it is far far between LS6s, COPO's, Yenko's, L88s, Hemi's and so.

In Norway, there is quite a big scene on the Mustangs, so there is actually coming in quite a few Shelby's, Boss and so on.

But my point is, for the rarest of them all, i wouldnt worry, the market outside USA is there, but with few, and if they go somewhere, you can always send it back, the market is international, and your cars appeal to people from all around the world.

I have personally brought quite a few cars over here, and have gotten to know quite a few good people here, and there. Which is the fun part.

Nils

[H8tulooze]

They have been shipping cars overseas for years as far as I can remember.

[bluel78]

Australia has been strong in corvettes and muscle cars the last couple of years.

[TDW]

A few years back, the Germans were here buying all the older Harleys they could find. I refused to sell any bikes or parts to them. Looking back now, maybe I was the only fool. The guys that sold out to them got real good money for their stuff. I was stubborn. I didn't want to see all of our old iron gone forever.