I retired from personal blogging in July 2008.
But you can find me over at http://blog.xero.com.
Andrew K sent me this link to Carport, an importing service for new European cars.
When you travel it’s not hard to see the price differences between cars in various parts of the world. As the NZ dollar has crept up the NZ imported car dealers have not adjusted their pricing. The gap now is so huge that companies like carport are arriving in the market.
An example.
A Porsche 977s in NZ is $230k. Through carport the same car is $158k. That’s less than 70%.
The car companies argue that they keep the price up to protect resale values, but they’ve been creaming it for the past few years.
Great case of the Internet creating a perfect market.
