Apart from the cost of the vehicle there are a few other things that should be considered prior to ownership. Gearbox There is basically a choice between a manual 6 speed or automatic gearbox. If you select the automatic gearbox you will also get the F! style paddle shifts either side of the steering wheel. These can be used to change the gear up and down as desired. However, if you do not wish to use the F! style paddles you can simply press the A button on the center console to place the vehicle in full automatic. In this mode gear changes will be automatically made as with any other automatic vehicle. Insurance There are a number of different insurance options available: Garaging Aside from the insurance implications mentioned above, it is important to consider where the vehicle will be housed. A dedicated garage is great but allowances need to be made for some of the unique aspects of the 355. Firstly, is there enough space to allow the doors to be opened and closed without risk of damage? Is there enough clearance to get easily in and out of the garage without scraping the car? It is strongly suggested that you check the dimensions of the vehicle, which are available in the specifications of this web site, and ensure the vehicle can be suitably housed there. Warranty There is normally no standard used car warranty provided with second hand luxury cars that exceed the current luxury tax threshold in New South Wales. To quote http://www.fairtrading.nsw.gov.au/Consumers/Motor_vehicles/Warranties.html#Vehicles_excluded_from_secondndashhand_warranty A luxury motor vehicle is a vehicle where the cash price exceeds a prescribed amount. The prescribed amount is the motor vehicle depreciation limit under the Income Tax Assessment Act and is set in the annual Federal Budget. For the purpose of the Motor Dealers Act the figure for the 2010 - 11 financial year was set at $75,375 for fuel-efficient vehicles and $57,466 for other vehicles. Vehicles sold above this price are not covered by a Statutory Warranty or the Motor Dealers Compensation Fund. Registration Stamp Duty NSW Registration stamp duty for the vehicle is based on its sale price and is due on purchase. The following site provides a calculation of the amount due based on the purchase price of vehicle - https://www.apps05.osr.nsw.gov.au/erevenue/calculators/motorsimple.php Towing  If the car needs to be towed you should find a towing eye bolt in the toolkit. This is screwed into the front left of the vehicle (as shown above). Servicing |
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