Let's say you've got half a mill to spend on your next car. It's tough because you're spoilt for choice, you know the minute you drive out of the showroom you've already dropped $100k, and you're paying about double what your mates in the US are for the same car.
Of course if you read the reports from the Federal Chamber of Automotive Industries you'd believe we are getting a great deal on our cars compared to other countries. Other countries such as Britain, not other countries such as the US or Canada.
Cars such as the new Ferrari 488GTB ($470,000 here), the McLaren 650S ($450,000) and the Lamborghini Huracan ($440,000) are only about $80,000 more expensive here, unless you get yourself a wholesaler's licence.
The only car to be out of step is the Porsche 911. Consider this. Right now driving away in a Porsche Turbo will cost you $393,000. In the US? $208,000.
Read about my auction pick for next weekend at The Australian.