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Old 27-09-2023, 01:42 PM   #1
Rob 351
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Default Re: Whats the current speculation for classic car prices?

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Orange GTF manual sold at auction the other day for 90k plus fees. Had 70k on it but still tidy. The hay days are over for a while.
That is cheap! Lot of k’s though and if I was in the market for one, I personally wouldn’t chase that particular car simply because of it’s high mileage! Therefore I’m back in the 150k plus range for a low mileage (under 10,000 k’s) version.
I have seen 3-4 sell in the last 6 weeks for north of 150k, how long that will last only time will tell but with another interest rate rise looming, it might get a little easier for anyone hoping to acquire one…
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Old 27-09-2023, 02:10 PM   #2
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Default Re: Whats the current speculation for classic car prices?

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That is cheap! Lot of k’s though and if I was in the market for one, I personally wouldn’t chase that particular car simply because of it’s high mileage! Therefore I’m back in the 150k plus range for a low mileage (under 10,000 k’s) version.
I have seen 3-4 sell in the last 6 weeks for north of 150k, how long that will last only time will tell but with another interest rate rise looming, it might get a little easier for anyone hoping to acquire one…

Do you know if they have actually sold though or just basing that on them disapearing off carsales? Given that these cars were all around the 90 - 100k mark, and are coming up for 10 years next birthday, with interests on original purchase (assuming you weren't a cash buyer) plus 10 years of rego / insurance they really have not been that great of an investment, pretty much break even.

I personally would rather drive mine (like my Pursuit back in the day) and would be open to buying one with 60 - 100k on it for the simple fact that its moved.
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Old 27-09-2023, 03:37 PM   #3
Rob 351
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Default Re: Whats the current speculation for classic car prices?

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Do you know if they have actually sold though or just basing that on them disapearing off carsales? Given that these cars were all around the 90 - 100k mark, and are coming up for 10 years next birthday, with interests on original purchase (assuming you weren't a cash buyer) plus 10 years of rego / insurance they really have not been that great of an investment, pretty much break even.

I personally would rather drive mine (like my Pursuit back in the day) and would be open to buying one with 60 - 100k on it for the simple fact that its moved.
Not 100% sure mate but at least 2 were through car dealerships and one was Australian Muscle Car Sales so you’d presume they were sold.
Can’t be sure though..
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Old 27-09-2023, 06:50 PM   #4
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Default Re: Whats the current speculation for classic car prices?



I offered this fella wayyyyy more than this for this car 2 weeks ago. He had it on marketplace for 100+.
Told him cash, ill come down and get it today if its as described.
"Too low" blah blah blah.
Its so hard not to message him now.

I think im going to wait and let some of these non sales sink in to the owners for a while.
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Old 27-09-2023, 07:02 PM   #5
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Default Re: Whats the current speculation for classic car prices?

What if he’s just trying to prove to his Mrs that it’s better to keep the car than sell it? “See? Nobody’s offering what it’s worth!”
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