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**cainchapman** · 11-20-2005, 02:05 AM

European cars are a lot more expensive in Australia than nearly anywhere else, as they have a luxury car tax on anything imported over about $50,000. So their BMW's have a great residual value.

11-20-2005, 02:05 AM	#13
cainchapman Name: cainchapman Title: Senior Member Status: Offline Join Date: May 2005 Location: Auckland, New Zealand Rate My Car: 130 / 337 Your Ride: 1995 540LE	European cars are a lot more expensive in Australia than nearly anywhere else, as they have a luxury car tax on anything imported over about $50,000. So their BMW's have a great residual value. __________________