Need info on a rare(?) 840

Hi Adrian
Go the address http://bmwvin.com and put in the VIN and you get a build sheet

Zitat von Adrian;100880

Ah, sweet. Looks like he's full of crap then.

Yep. I suppose someone could have fitted the 4.6 from an X5 4.6iS but it wasnt done at the factory.

Why are V8 X5's rare in Norway?

8Tech.

Zitat von 8Tech;100881

Why are V8 X5's rare in Norway?

8Tech.

Anything with more than 150hp is rare in Norway.
probably because the tax effectively makes the cars silly expensive.

I think the tax on HP alone is £200 pr HP above 136hp.
Placing a new X5 V8 WAY above £100.000. Fully loaded you are looking at £150.000 I guess.

The most common BMW in Norway is a 520d Touring, reasonably kitted you are talking ~£70.000.

In Norway the import tax is based on HP, Co2 emission and vehicle weight.
Our cars are typically close to 3 times as expensive as in Germany.
hence a 2.0 liter engine is considered big, and anything above 200hp is "a monster".

The 850 was a £200.000 car back in the 90's, hence only 6 were ever sold new here.

When I brought in my 2004 M3 back in 2008, I paid €30.000 for the car in Germany, plus another €55.000 in import tax to Norway. €85.000 for a 4 year old M3.
The new M5 starts at €300.000.

So anything with 8 cylinders or more are very rare.

Adrian

I have the buildsheet and pix of this car ( you should know who to contact )
It's equipped with an 4,4l engine one of two 840 in Norway with this type of engine.

Buildsheet under

915 BODY SKIN CONSERVATION, DELETION

Zitat von Noggie;100884

Anything with more than 150hp is rare in Norway.
probably because the tax effectively makes the cars silly expensive.

When did these levels of taxation first appear in Norway?

If you owned a high HP car prior to the introduction of these levels would you have exemption or in other words do they apply the charges retrospectively?

I had no idea the costs in Norway were so prohibitive, it makes the UK look very reasonable.

Zitat von Nifty50;100900

When did these levels of taxation first appear in Norway?

If you owned a high HP car prior to the introduction of these levels would you have exemption or in other words do they apply the charges retrospectively?

I had no idea the costs in Norway were so prohibitive, it makes the UK look very reasonable.

it's been like that since like forever, they changed it a little around the turn of the millennium.
Before that it was.
-Weight.
-Engine displacement
-HP

The engine displacement component was then replaced with Co2 emission.
The HP component has been slightly reduced in later years, and it really hurt high end cars.
I.e a BMW 3-series came out a lot worse than i.e a VW Golf, the BMW had lower Co2, but higher HP than the Golf.
Last year I think the introduced Nox factor too, but that is very small, like £2 a gram.

Cars have always had a huge luxury tax in Norway.
When a car is 10 years old (spent 10 years in the country) it can be tuned without any tax added.
i.e If you import an 850 in 2012, this will not apply until 2022.
Cars 30 years old or more are only subject to 25% Vat on purchase price, called veteran/classic cars.

This is an example for importing a new M5, that cost €100.000.
I put the data into the Norwegian Toll departments import calculator.
Results came in Norwegian Kroner, so I added the Euro value in brackets.

Value added taxes: 187 500,00 (€24.900, Vat on the purchase price of €100.000)
The motor vehicle tax for this vehicle will be as follows:
Tax on unladen weight: 161 851,70 (€21.500)
Tax on engine rating: 654 175,00 (€87.000)
Tax on CO2: 154 546,00 (€20.500)
Tax on NOx: 22,00 (€3) (not sure about this so I put 1gram/km)
Motor vehicle tax for a corresponding new vehicle: 970 594,70 (€129.055)
Second-hand vehicle deduction (0%): 0,00 (this value is applied to older cars, i.e if the car is 5 years old it will give you a 50% break on the total tax)
Total: 970 595,00 (€129.055)
Vehicle scrap deposit: 1 700,00 (€226)
Totalt taxes: 1 159 795,00 (€154.207)
Total for this vehicle including taxes: 1 909 795,00 (€253.927,40)

So cars are silly expensive over here.

Jesus. I know Norway has some things right but this is just stupid. Those prices are down right robbery!

Zitat von sparklesmcgraw;100923

Jesus. I know Norway has some things right but this is just stupid. Those prices are down right robbery!

The cheapest 850 in the country, a -90 model is for sale for €17.200
most expensive 850 is a -92 at €32.000.
There is a CSi for sale at €66.300.

Feel free to import one, but the import tax alone is over €15.000.

As a side note, the average car in Norway is 11 years old.

Did a search on our cars for sales listings, and here are some examples.

Brand new 328i = €96.000
Brand new 320D = €79.000
2012 9000km 530d X-drive GT M-sport = €146.000
2012 18.000km 525D = €92.000

2012 3000km Ford Mondeo 2.0 SCTI = €77.700
2012 Hyundai i40 1.7D 136hp Demo driven 5000km = €56.500

Egil

Okay, but on the other hand...

It's all relative, salaries may be higher in Norway but if everything is more expensive it doesn't make any difference, your purchasing power remains relatively the same as for the locals in another country. It's only apparent that Norway is "expensive" for people from a country with a lower per capita income level e.g. UK - we would consider paying something like €8 for a coffee as expensive.

Petrol and Cigarette prices can be misleading due to the massive taxation but relative to average income, cigarettes are deliberately expensive in many countries.

I remember from living in Denmark that cars are very expensive. Still, I think even Scandinavia has a way to go yet to catch up with the prices in Singapore

Zitat von Argonaut;100930

It's all relative, salaries may be higher in Norway but if everything is more expensive it doesn't make any difference, your purchasing power remains relatively the same as for the locals in another country. It's only apparent that Norway is "expensive" for people from a country with a lower per capita income level e.g. UK - we would consider paying something like €8 for a coffee as expensive.

Petrol and Cigarette prices can be misleading due to the massive taxation but relative to average income, cigarettes are deliberately expensive in many countries.

I remember from living in Denmark that cars are very expensive. Still, I think even Scandinavia has a way to go yet to catch up with the prices in Singapore

Average industrial worker makes about €46.000 a year. So I guess it's a bit more than many other places.
Also houses are very expensive, the house prices has virtually doubled since 2005, and they also doubled from 98-2004.
Most house owners have a house loan costing them €1700 - 3000 a month.
My brother bought a 50sq.m appartment recently for €300.000, I bought a house for €630.000 at the same time.

Food is a lot cheaper than what it used to be, but I guess it's still expensive to non-Norwegians.
A bread is about €4, a liter of milk €2. Frozen pizza €5.50 and up.
A coffe at a restaurant is about €3-4,50. a 20 pack of cigarettes I think is about €15.
98 fuel is about €1.99/l, 95 €1.86/l

Singapore is not that bad, it's about the same for a few things, but a lot is cheaper.
Food is cheaper, electronics are cheaper, drinks in a bar is 2/3 of Norwegian prices. But yes, the car prices in Singapore is even worse than Norway, however this only applies to entry level cars.
I found that i.e a typical 1.2-2.0 car of any brand was more expensive than Norway, but when you got to the really expensive cars, i.e BMW's M models, they were cheaper than Norway.