Home Blog International Currency OFX takes the sting out of luxury imports

If you’ve got a passion for luxury items, we get it. Vintage cars, private planes, extraordinary estates, we know these are the pleasures derived from a life of hard work and diligence. When you’ve searched the world over for that one exquisite purchase, we help you bring it home as affordably as possible.

For as long as he can remember, Olivier has been a die-hard car lover. Throughout his childhood he was surrounded by other car lovers and frequently attended car shows and various exhibitions.

Olivier obviously knows the vintage car market extremely well. About 5 years ago, that knowledge went up another level and he decided to buy and restore a classic car to use with friends and other car-lovers. He knew it would be expensive to buy in Australia, so he decided to buy overseas and have his brand new Lotus Europa shipped over.

Olivier, Classic Car Enthusiast

“After winning the auction, I simply transferred the funds using OFX. The money was there in two days and the car was mine. The money I saved helped me buy a new pair of wheels too.” Olivier’s dream had come true the day he picked up the car from Sydney Airport customs, that is, until one fateful day four years ago when Olivier was working on his car and it caught fire as a result of a fuel leak. While Olivier spent time repairing the car back to mint condition, he was able to purchase another Lotus and bring in over to Australia in the meantime.

It was this fateful opportunity, and with the money he saved on his transfer, Olivier realised that buying overseas was a potentially lucrative business opportunity.

“Importing my first car was such a success that I’m planning on bringing other classic cars from the UK and selling them in Australia. Of course, I will use OFX for my payments. I can’t think of a better service.”

IMPORTANT: The contents of this blog do not constitute financial advice and are provided for general information purposes only without taking into account the investment objectives, financial situation and particular needs of any particular person. OzForex Limited (trading as OFX) and its affiliated entities make no recommendation as to the merits of any financial strategy or product referred to in the blog. OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this blog.

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