Hello John, got a new motor?
For the majority of people the most expensive item they will ever buy in their life is a house. We looked at house prices in Australia the other week.
Then there is the second most expensive item they will ever buy and for some that is a helicopter and for others it is a cruiser. But for the rest of us it is going to be a car. So today I am looking at the price of cars here in Australia compared with the UK.
As usual with my “Cost of Living – Australia” category, the method behind my investigation is purely random (guesswork). I have checked out the prices of five new (in blue) and five used (in red) cars both here in Australia and over in the UK. The results are quite surprising.
The total cost of the 10 Australian cars was $288,365 whereas the cost of the similar specification cars from England was £115,029. Despite today’s exchange rate being a very low 1.93 Aussie dollars to the pound, you could have still bought the Australian cars for a whopping 23% less in England.
Here in Australia those same cars would have cost £149,411, that’s a massive £34,382 dearer than in the UK!
I must emphasise here that specifications will be different but I have tried to match these vehicles as closely as possible. I have checked they all have the same engine size, number of doors and body shape. I drew the line at checking whether the CD player was 25 W per channel or 50.
So it is a rough guide.
The biggest price difference is for the new Saab, but I have stared and stared at the specifications of both and I can’t see anything that warrants such a huge gap. Perhaps the lesson to learn here is to buy your make of car with care. Perhaps some manufacturers have a more supportive export policy to Australia.
My price comparison may not be the most accurate guide you will find but whichever way you look at it there can only be one winner in this particular case. My guide suggests that Australian cars can be as much as 30% more, as an average.
So, without a doubt, the UK has the cheapest cars.