2015 Polo GTI, what are you paying?

[tc831]

Great! Now who else in Melbourne has one?

[Johnbu]

Except in the $33K they sell it for there there's $3K of GST, so that really means $30K net. They will most likely have to do a full detail inside and out, bring any service items up to date, provide something for warranty, pay floor plan on it if they have it over month end and pay commission to whoever sells it. Bottom line probably around $1500 profit for the dealer ie; 5% or so margin.



Cheers
Gary

$3k of GST that they pay, but $2,400 of GST they can claim.

Net GST they pay is $600.

[Sydneykid]

$3k of GST that they pay, but $2,400 of GST they can claim.
Net GST they pay is $600.

How do they get a GST credit from a private (not registered for GST) seller?

Cheers
Gary

[Zeke]

How do they get a GST credit from a private (not registered for GST) seller?

Cheers
Gary

How about we get this thread back onto what we are actually paying for this car

[Sydneykid]

How about we get this thread back onto what we are actually paying for this car

Some would argue that what they get for their trade in directly affects what they are actually paying (net) for their new Polo Gti. Which is after all the title of the thread.

Cheers
Gary

[Johnbu]

How do they get a GST credit from a private (not registered for GST) seller?

Cheers
Gary

Second-hand goods credits under GST: when are they available? | Clayton Utz

The second-hand goods credit

This is the problem that the second-hand goods credit was intended to solve. It was intended to give the second-hand goods dealer a hypothetical input tax credit equal to 1/11th of the sale price (or trade in value) of the car sold to the dealer by the individual. Thus, the net tax collected on the sale by the second-hand dealer would only be 1/11th of the dealer's margin (ie. 1/11 x (Sale Proceeds – Trade in value).

The ultimate sale of the goods is critical. The second-hand goods credit can only be claimed when the goods are sold and is limited to the lesser of 1/11th of the trade in value or 1/11th of the sale proceeds.

[Sydneykid]

Second-hand goods credits under GST: when are they available? | Clayton Utz

The second-hand goods credit

This is the problem that the second-hand goods credit was intended to solve. It was intended to give the second-hand goods dealer a hypothetical input tax credit equal to 1/11th of the sale price (or trade in value) of the car sold to the dealer by the individual. Thus, the net tax collected on the sale by the second-hand dealer would only be 1/11th of the dealer's margin (ie. 1/11 x (Sale Proceeds – Trade in value).

The ultimate sale of the goods is critical. The second-hand goods credit can only be claimed when the goods are sold and is limited to the lesser of 1/11th of the trade in value or 1/11th of the sale proceeds.

Thanks for that, I learnt something new today.

Cheers
Gary

[YellowLemon]

Could someone please clarify what the two OPTIONS on the GTI entail? Went for a test drive and noticed some of the Polo GTI don't have the RVC? I thought this was standard on the GTI? Tried trawling the VW website to no avail.

I thought it was:

DA pack
Sat Nav
OPS Parking sensors

Lux pack
Leather seats (are they still sports seats?? or comfortline seats?)
Sunroof
LED headlights

So presumably you can tell DA pack - by the "NAV" button in the dash, top right of the radio (the non-DA have the "SETUP" button there)
and the LUX pack - by sunroof.

[Volks]

Could someone please clarify what the two OPTIONS on the GTI entail? Went for a test drive and noticed some of the Polo GTI don't have the RVC? I thought this was standard on the GTI? Tried trawling the VW website to no avail.

I thought it was:

DA pack
Sat Nav
OPS Parking sensors

Lux pack
Leather seats (are they still sports seats?? or comfortline seats?)
Sunroof
LED headlights

So presumably you can tell DA pack - by the "NAV" button in the dash, top right of the radio (the non-DA have the "SETUP" button there)
and the LUX pack - by sunroof.

Driver assistance package $1700 (MRRP)

• Discover Media audio and satellite navigation system: 6.5"colour touch screen display with smartphone style HMI and proximity sensor, AM/FM radio, CD player and 2 x SD card slot slots for music and navigation data, 2D and 3D (bird’s eye) map views, compatible with MP3, WMA and AAC music files, jpeg image viewer, car menu with convenience and service settings, security coded
• Driver Fatigue Detection system
• Parking distance sensors, front and rear with Optical Parking System (OPS)
• Rear View Camera (RVC) with static guidance line

Luxury Package - $3300 (MRRP)

• Alcantara and leatherette combination seat upholstery with individually heated comfort sport front seats (The GTI sport seats are replaced by comfort sports seats with this upholstery option)
• LED headlights for high and low beam with integrated LED daytime driving lights, automatic self-levelling, headlight cleaning system and low washer fluid warning
• Panoramic glass sunroof, electrically slide and tilt adjustable with integrated wind deflector and sunblind
• Rear registration plate light, LED
• The card holder in dashboard is removed in combination with this option
• Headliner is pearl grey instead of black

[YellowLemon]

Thank you that's awesome! Re the LUX pack: (sorry the local dealer didn't have any LUX pack on site for me to look at)

The GTI sport seats are replaced by comfort sports seats with this upholstery option)

- What does this mean? Totally different seats? Not as bolstered? Man I wish they were recaro like the old school GTI

Headliner is pearl grey instead of black

- Shame I really liked the black headliner in the GTI! It's a bit different and quite stylish....

For me the only good thing in lux pack is the LED headlights.....

/hijacking thread now sorry

Anyone order any more Polo GTIs recently then ?

Once demos go on sale I'm in for a white with DA pack only!!!!

Every one go do more test drives to get the km;s up in demo-sale territory!