Ghibli II Primatist, anyone?

[Nayf]

Post-Brexit VAT makes that £45k a £59k figure before shipping (though I'll happily drive it back, putting myself out and all that...)

1997 GHIBLI REPLICA PRIMATIST V6 SOLD

Find your dream classic car from over 10,000 private adve...

www.carandclassic.co.uk

 

[zagatoes30]

They are an acquired taste especially when seen close up, not that this one could keep up

 

[zagatoes30]

EU import tax makes that £45k a £59k figure before shipping (though I'll happily drive it back, putting myself out and all that...)

1997 GHIBLI REPLICA PRIMATIST V6 SOLD

Find your dream classic car from over 10,000 private adve...

www.carandclassic.co.uk

Looks a brighter blue than the one I have seen

 

[Ewan]

EU import tax makes that £45k a £59k figure before shipping (though I'll happily drive it back, putting myself out and all that...)

1997 GHIBLI REPLICA PRIMATIST V6 SOLD

Find your dream classic car from over 10,000 private adve...

www.carandclassic.co.uk

What import tax? There is no import tax on goods produced in the EU, and this car was built in Italy. So, its £45k, plus a £100 flight out to collect it and a fabulous drive back from Spain.

 

[Nayf]

What import tax? There is no import tax on goods produced in the EU, and this car was built in Italy. So, its £45k, plus a £100 flight out to collect it and a fabulous drive back from Spain.

I was using flippant shorthand, but there's now a 20 per cent VAT charge for getting the car back into the UK if it's less than 30 years old.
There's also duty, too.

Importing vehicles into the UK

Importing vehicles into the UK - register imported vehicles, GB conversion IVA scheme, type approval, vehicle excise duty and VAT

www.gov.uk

More details via TradeClassics.
4.2 Importing Cars Under 30 Years Old – 20% VAT Liability.
As mentioned above – 20% VAT is charged and you’ll need to pay this when the car arrives into the UK.
UK customs have their own exchange rate for calculating VAT and Duty and it’s updated on a monthly basis – use this to work out the latest exchange rate – click here.
VAT is calculated as: $ Invoice + $ Shipping / Customs Exchange Rate + £Duty (if any) * 20% = £VAT
Note: Duty is added to this calculation as it is also subject to VAT too.
4.3 Importing Cars Originally Made in the EU – Any Age – £50 Duty Liability
If the car you’re purchasing was originally made in the EU then this will reduce your total Duty liability from 10% to just £50 admin fee. Again a significant saving if you’re planning to import cars from manufacturers such as Porsche, BMW, Mercedes and Jaguar.*

*This may no longer apply.

More here: https://www.classicandsportscar.com/features/classic-cars-and-brexit-where-are-we-now

 

[azapa]

it looks just wonderful, and what a conversation piece that interior!

 

[gemini]

I wonder why this car have the "japanese" headlights. The primatist was never (officially) imported in Japan (no 2.0l, only 2.8 in Japan).

There is at least one in Japan, but it's a grey import, an european model.
Plenty of nice pictures of the japanese car here, we never have enough pictures of the primatist.

1996年式 マセラティ ギブリ Primatist

1996年式 マセラティ ギブリ Primatist。ビンゴスポーツ公式サイト。在庫車情報をはじめ、最新情報、店舗情報、企業情 報、採用情報など、各種ビンゴスポーツ情報をお届け致します。

www.bingosports.co.jp

Acquired taste for sure, but I wouldn't say no! (but maybe not for 45k£?!)

 

[Ewan]

I could easily be wrong, but my understanding is that if the car was built in the EU (which this was), and VAT was paid on the original sale (within the EU), then it can now be imported to the UK free of any VAT. Maybe a nominal Duty admin fee of £50, but that’s neither here nor there.

VAT would only be due if the car being imported (from the EU) had originally been built outside of the EU, e.g. in Japan, USA, etc.

While I import and export with the EU on a daily basis, I’m not dealing with cars. And it might be that there are different rules involved. But I’d be surprised if VAT was due on this Maserati.

Either way, what a lovely car to own. I’d take this over a Ghibli Cup now.

 

[Nayf]

I could easily be wrong, but my understanding is that if the car was built in the EU (which this was), and VAT was paid on the original sale (within the EU), then it can now be imported to the UK free of any VAT. Maybe a nominal Duty admin fee of £50, but that’s neither here nor there.

VAT would only be due if the car being imported (from the EU) had originally been built outside of the EU, e.g. in Japan, USA, etc.

While I import and export with the EU on a daily basis, I’m not dealing with cars. And it might be that there are different rules involved. But I’d be surprised if VAT was due on this Maserati.

Either way, what a lovely car to own. I’d take this over a Ghibli Cup now.

According to the dealers I spoke with for Magneto, such as Girardo and Fisken, it’s very much the case I’m afraid. It’s a lot less for cars over 30 years.
In cases such as this - where it’s probably the only chance to buy a Primatist this year, it’d simply be the price you’d pay; not as if there are many other options.

The situation with temporary import carnets is rather more corrosive, particularly for non-road legal racing cars, which will harm historic motorsport.

 

[zagatoes30]

According to the dealers I spoke with for Magneto, such as Girardo and Fisken, it’s very much the case I’m afraid. It’s a lot less for cars over 30 years.
In cases such as this - where it’s probably the only chance to buy a Primatist this year, it’d simply be the price you’d pay; not as if there are many other options.

The situation with temporary import carnets is rather more corrosive, particularly for non-road legal racing cars, which will harm historic motorsport.

From what I understand this is similar to the opposite direction, cars coming here from the UK that are under 30 years old are subject to VAT regardless of whether the VAT was originally paid pre Brexit or not. Cars over 30 years old Vat is reduced to 5%. There also is an import duty that is waived if the car is coming from NI and then finally you have VRT and NOX which are registration and clean air taxes which for cars under 30 years old are based on the VRT office assessment of the cars value and it's emissions. As an example a used Giulia QF with a UK cost of high 30s will roughly get the same in tax and duties which is pretty close to buying a new QF from a dealer here.

 

[Ewan]

According to the dealers I spoke with for Magneto, such as Girardo and Fisken, it’s very much the case I’m afraid. It’s a lot less for cars over 30 years.
In cases such as this - where it’s probably the only chance to buy a Primatist this year, it’d simply be the price you’d pay; not as if there are many other options.

The situation with temporary import carnets is rather more corrosive, particularly for non-road legal racing cars, which will harm historic motorsport.

Thanks Nayf - good to know. Every day is a school day!
Though seems a bit unfair. Makes me randomly want to add 20% to the bill for the goods I'm sending out to Italy today to a well known super-yacht builder.

 

[StuartW]

Pre Brexit, I believe if VAT had been paid once in the EU when the car was first sold, you wouldn't have to pay it again - you simply had to declare to HMRC within 30 days of the car being imported, and that was it. This is where I began to run into problems when registering my race car - it had not been declared as an import when it came the UK on 2015, only when I went to register it on 2019. The clever people at mycarimport managed to negotiate this one for me with HMRC.
But now that we are outside of the EU, it appears that yet another complication has presented itself ...

 

[Gandini]

OMG, what a lovely bonkers-beautiful automobile. As I remember some owner putting it, even if it's raining outside, in a Primatist cabin the sun is always shining.

 

[dt95aac]

I could be wrong but I thought the Primatists were based on either ABS or GT Ghiblis.
This has Japanese headlights and the early style gauges and badges so I think it could be a lookalike.