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Thread: Z8 sells for a new record price in Turkey

  1. #1
    Team Z8 zed8's Avatar
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    Z8 sells for a new record price in Turkey

    A friend of mine purchased his 2001 Silver/Black with 22k kms a year ago for 185K Euros. Last week he sold it for 270K Euros.
    Hattat

    AF77768 Topasblau / Schwarz

    PP installed
    Motorsport 20" style 101 wheels
    Eisenmann catback
    Supersprint headers
    CDV removed
    Quaife LSD
    3.64 gearing

  2. #2
    Z8 Ate My Homework! Norcal's Avatar
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    Wow, great for him... And us! Details on the car? Where/how did he sell?

  3. #3
    Team Z8 zed8's Avatar
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    Quote Originally Posted by Norcal View Post
    Wow, great for him... And us! Details on the car? Where/how did he sell?
    It was a private import. Back in 2001 the CEO of Deutsche Bank Turkey brought in his Z8 to Istanbul. After his duty before he returned to Germany he sold it to one of the workers in Deutsche Bank. Last year this guy sold it to my friend.
    After the Z8 purchase he was also planning to buy and import a 507 in to his collection. Now I have no idea if he still thinks of buying 507 after this sale. He has a great interest in MB SL models. He has all the SL models produced till now including the SL Roadster and the Gullwing.
    The new/last owner was searching for a Z8 for a long time. He missed this car last year but he did not pass this time since there are only 9 Z8s here and there is a very little chance to find another one for a sale.
    The car is accident free without performance package.
    The car was on sale online and also it was on the list of a second hand car dealer here in Istanbul. The new owner was a customer of this dealer. So he was informed about this car instantly.
    Hattat

    AF77768 Topasblau / Schwarz

    PP installed
    Motorsport 20" style 101 wheels
    Eisenmann catback
    Supersprint headers
    CDV removed
    Quaife LSD
    3.64 gearing

  4. #4
    Z8 Ate My Homework! Norcal's Avatar
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    Thank you. How much is duty to bring one in?

  5. #5
    Team Z8 zed8's Avatar
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    Quote Originally Posted by Norcal View Post
    Thank you. How much is duty to bring one in?
    Only brand new and with the current model year vehicles are permitted to be imported.
    The duty tariff is shocking.
    1-1599 cc 45%
    1600-1999 cc 90%
    2000- cc 145%

    These are added to the cif value of a car or a motorcycle or an SUV. The tariff for the commercial vehicles is different. Much lower. After the calculation, on the top of the figure 18% vat is added.

    So no body can import 2015 or 2010 or 2000 model year vehicle to Turkey. But anybody can import a car at a minimum age of 30 years with the tariff above. But the vehicle sould not be considere as junk by the authorities in order to get the import permission.
    Foreigners living here with a resident permit may bring in their cars whatever their age is. But they can not sell it to a Turkish citizen.
    Hattat

    AF77768 Topasblau / Schwarz

    PP installed
    Motorsport 20" style 101 wheels
    Eisenmann catback
    Supersprint headers
    CDV removed
    Quaife LSD
    3.64 gearing

  6. #6
    Z8 Ate My Homework! Norcal's Avatar
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    So plenty of Z8s in turkey in another 13 years?

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