FGX XR8 Value Holding

[DoreSlamR]

Thinking of purchasing a manual XR8 in the coming months, mainly as a weekender, and mainly to hold onto and look after a piece of Australian motoring history.

What are people’s thoughts on what the value of these cars will do in the coming years?

My budget is under $60,000 and around 50,000kms. As stock as possible

[au2000]

Tbh I think your best bet is to get it for your own enjoyment as a first priority and if the value increases all the better for you.

There are a few FGX's in hibernation I'd suggest as well as a fair few FG's also so that will influence the final value

I met a guy awhile back who has a purple GTP in his garage since new with the 5.4 and has driven it fotlr 1,500 ks cause he wants to get the best possible $ later..
Tbh I don't see he will get the return he thinks but I could be wrong

[b0son]

Take a look at the equivalent vehicles from 20-30 years prior for an indication. I would say they might hold their value rather than appreciate by any great amount.

[FPV0002]

I’ve always thought if you buy something the first priority should be to just enjoy it. Look after it and keep it in the best condition you can. If it holds value then that is a win. If it increases in value then that is a huge bonus. I think these type of cars will hold value, possibly lose a small percentage but unlikely increase by any great amount. If you can buy something, enjoy it for a number of years and then sell it for more or less the same price that’s a huge win IMO.

[smoo]

Any opinions on future desirability between FGX XR8 v FG2 GTP? Both are priced pretty similar.
I’m leaning towards the FPV.
Tougher looking and the FGX will always be associated with Fords half arsed last attempt that could be mistaken for a Mondeo.

[Smoke Pursuit]

For that budget your nearly in Sprint territory.

Sprints are a better proposition simply because they have a build number.

[au2000]

Originally Posted by smoo

Any opinions on future desirability between FGX XR8 v FG2 GTP? Both are priced pretty similar.
I’m leaning towards the FPV.
Tougher looking and the FGX will always be associated with Fords half arsed last attempt that could be mistaken for a Mondeo.

Imo.. a gt is a gt.. simple as that for me

[DFB FGXR6]

Originally Posted by smoo

Any opinions on future desirability between FGX XR8 v FG2 GTP? Both are priced pretty similar.
I’m leaning towards the FPV.
Tougher looking and the FGX will always be associated with Fords half arsed last attempt that could be mistaken for a Mondeo.

If the price is the same, a GT-P is way better proposition. You get 6-piston/4-piston Brembo's instead of 4-piston Brembo front and single piston sliders rear, you get the premium seats, and all the FPV stuff.

To counter that, the FGX XR8 has the firmer R-Spec suspension (which you may or may not like), but you also get the wider rear wheel and tyre. From memory, the you also get an updated powertrain software for the Boss 335 engine.

[DFB FGXR6]

Originally Posted by au2000

Tbh I think your best bet is to get it for your own enjoyment as a first priority and if the value increases all the better for you.

There are a few FGX's in hibernation I'd suggest as well as a fair few FG's also so that will influence the final value

I met a guy awhile back who has a purple GTP in his garage since new with the 5.4 and has driven it fotlr 1,500 ks cause he wants to get the best possible $ later..
Tbh I don't see he will get the return he thinks but I could be wrong

See, unless the guy is young enough to wait several decades, he has wasted his money. Yes, it will be worth big money one day, but when? And will he be able to live that long to see the return and then enjoy it?

I'm in the middle. I bought the car because I wanted the last model (yes, I know there is a Sprint that came after), but its what I wanted, when I wanted. I drive it when I want, how I want, never driven in the rain. It's now 10-years old and has only 7500 km on the clock. At one point it was worth $20k more than what I paid for it, which was nice but never the goal.

Addressing the OP's question, if you are aiming for a return at some point, then I'd be looking clean, original, low km FPV's or the Sprint. If the standard XR8 appeals more to you, I'd track down one in a rarer colour. Something like Aero Blue, Vanish or Emperor.......................

[DoreSlamR]

Originally Posted by au2000

Tbh I think your best bet is to get it for your own enjoyment as a first priority and if the value increases all the better for you.

There are a few FGX's in hibernation I'd suggest as well as a fair few FG's also so that will influence the final value

I met a guy awhile back who has a purple GTP in his garage since new with the 5.4 and has driven it fotlr 1,500 ks cause he wants to get the best possible $ later..
Tbh I don't see he will get the return he thinks but I could be wrong

Definitely intend to drive it and not hide it.

[DoreSlamR]

Originally Posted by Smoke Pursuit

For that budget your nearly in Sprint territory.

Sprints are a better proposition simply because they have a build number.

Sprints seem a little too far out of my budget unfortunately.

Except this one, not sure why it’s so much cheaper.

https://www.carsales.com.au/cars/det...G-AD-24207448/

[willo56]

Originally Posted by smoo

Any opinions on future desirability between FGX XR8 v FG2 GTP? Both are priced pretty similar.
I’m leaning towards the FPV.
Tougher looking and the FGX will always be associated with Fords half arsed last attempt that could be mistaken for a Mondeo.

Historically its usually just been the GT/GS nameplate pair with some one off specials along the way still pulling the numbers long term.. ...

My long term bet would be on a unmodified manual GT-F grocery getter...

To the OP, if you have time and patience i bet you could snag a sprint in the low 60's soon - it just has a little bit more exclusivity than the regular XR8 and will likely hold some value long term as the very last of the Falcon v8's

Originally Posted by DoreSlamR

Sprints seem a little too far out of my budget unfortunately.

Except this one, not sure why it’s so much cheaper.

https://www.carsales.com.au/cars/det...G-AD-24207448/

*edit i was looking at that car too - low K manual Sprint , price looks good - shoot your shot

[frankie86]

Originally Posted by DoreSlamR

Sprints seem a little too far out of my budget unfortunately.

Except this one, not sure why it’s so much cheaper.

https://www.carsales.com.au/cars/det...G-AD-24207448/

A good friend of mine personally saw this car when it was for sale privately by the 2nd owner, I saw the photos he took. It is absolutely trashed

[DoreSlamR]

Originally Posted by frankie86

A good friend of mine personally saw this car when it was for sale privately by the 2nd owner, I saw the photos he took. It is absolutely trashed

The photos hide it well.

That explains the price I guess

[Interceptor]

Hopefully prices plummet with the "investors" losing their shirts.

[PooDog]

Anything with a Miami in it and a manual behind it will hold its value well

[kypez]

If they hold their prices, they're reducing in value. I'd never buy a car as an investment into the future. Property, yes. Cars, nope.

The next gen isn't as invested in cars like Boomers to Gen X, which was probably prime prices. Moving to Millennials, that is changing and the generation after that will have zero history with the Falcon so their values will be average at best IMO, just the last of the millennials buying these cars in the future. Gen Z and Alpha (or whatever they are), will not care for Falcon; they grew up with Mustang as the hero car in Australia.

[b0son]

Disagree. There's a lot of love for BA-FG amongst the late teens. I was thinking of buying a Sprint, garaging it, and giving it to my daughter for her 25th. She'd prefer a BA... FMD :s

[XR Martin]

It's hard to predict what will be desirable in a generation or two. If you look at old pommy crap their value is bugger all in comparison to just about anything of similar vintage.

I think anything manual will be desirable.

Look at what's on the road now and how much of it will be sort after? Anything electric? Doubt it.
Anything SUV? Not likely.
4wds? Some
Hatchbacks? Again not likely, hardly any hero cars anymore.
European? I doubt they'll be anything left on the road as they're far too expensive to keep going after hitting 10yo.

End of the day buy something you want, drive the wheels off it and keep it until you die.

[rare ss]

Originally Posted by b0son

Disagree. There's a lot of love for BA-FG amongst the late teens. I was thinking of buying a Sprint, garaging it, and giving it to my daughter for her 25th. She'd prefer a BA... FMD :s

My boys are very mehh with cars but there's still heaps of kids in school want to skid when I drop them off in one of the FPV's

Can't do that with EV's (yet?)

[kypez]

Originally Posted by rare ss

My boys are very mehh with cars but there's still heaps of kids in school want to skid when I drop them off in one of the FPV's



Can't do that with EV's (yet?)

Can do a burnout very easily in an EV. Just never realised how much I hate the sound of tyres spinning without the accompanying engine note.

https://youtu.be/_F7eEb9F0as?si=_-pfsWMPoUJBde2K

[Citroënbender]

That’s just what the City of Casey needs!

[Crazy Dazz]

I understand the attraction. Such a car is still on my "dreaming" list.

At this point though, I would say broaden your horizons, and buy the car YOU LOVE. The most pristine Falcon available, is now almost a decade old. And wasn't exactly "state of the art" even when new.

I feel that if you go hunting for something that's been parked up, with super low kms, then you'll be paying through the nose. And If you're going to buy a car that's been driven, and needs work, then you might as well open up the field. Pick the one you want.

[fordomatic]

Originally Posted by Crazy Dazz

I understand the attraction. Such a car is still on my "dreaming" list.

At this point though, I would say broaden your horizons, and buy the car YOU LOVE. The most pristine Falcon available, is now almost a decade old. And wasn't exactly "state of the art" even when new.

I feel that if you go hunting for something that's been parked up, with super low kms, then you'll be paying through the nose. And If you're going to buy a car that's been driven, and needs work, then you might as well open up the field. Pick the one you want.

This times 100, buy a car to enjoy, some amazing cars at the budget you are looking at.

Cars are not investments, much better things to invest in than cars. Even though I don't drive mine that much, I enjoy them, on paper they don't "lose" value, but in reality, the money tied up in them loses money every single day, a lot of money. But I wouldn't change that as they bring me happiness.

[roKWiz]

Interesting how this episode of Classic Resto's discuss the come back of big 4 door sedan, young guys are searching for in the US salvage yards.

[DFB FGXR6]

Originally Posted by Crazy Dazz

At this point though, I would say broaden your horizons, and buy the car YOU LOVE. The most pristine Falcon available, is now almost a decade old. And wasn't exactly "state of the art" even when new.

Pick the one you want.

If the car isn't a daily driver, that's part of the appeal in my opinion. When you jump back in a Falcon, even the newest of them, it's actually quite refreshing.

The lack of tech means you aren't distracted, no 14 different throttle/suspension/gearbox settings, no flashing lights to inform the driver to stay awake, no stop-start......................you just get in, turn the key and drive.

As someone with the latest Mustang, it's certainly fun to play around with the endless combinations of drive mode settings, gauge cluster layout, multiple interior lighting colours, steering feel, exhaust modes ect. But team all of that with the stupid ADAS systems, the car is extremely easy to get distracted while driving, and that's not a good thing.

[Fatbob103]

New stuff is never going to have the price increases old stuff had because people have wrapped them up in cotton wool and kept them tucked away.
Vast majority of them are still mint.
Old stuff was used everyday , got carpark dents , stone chipped and thrashed and crashed.
The good ones that survived demanded a premium.
Plus when was the last Falcon with a genuine racing heritage?

[FTE217]

Well that’s subjective re race heritage and race on Sunday buy on Monday died long long ago but I’ll take last modern day Falcons as a weekender anyday.
My manual Sprint 8 suits my heart and needs a plenty as does the T3 never cared what they might be worth one day besides they are staying with my next gen’s for they’ll never forgive me.
They both looked shi t hot in race trim to me.

Wow a ev spins its wheels, wouldn’t buy it regardless.


Sent from my iPhone using Tapatalk

[kypez]

Honestly think the time has come and gone for big money Australian cars. $50k to $100k over maybe for a GTF or GTSR. Sprints aren't really switching hands for as much as I thought they would be.

It's a great time to buy one with prices at their lowest in a while.

The difference between the GTHO and hardtops were that there were much less put away as others have said. Plenty have put away modern FPVs in the hope to cash in. That means you'll get them cheaper.

Get the XR8 and enjoy the car and maybe put a set of Shockworks on it to make the suspension more livable on the road. A decent set of MPS4S tyres and you'll have a 100 smiles a minute.

But do not buy one as an investment in the hope it'll hold or appreciate in value.

[FTE217]

Doreslamer, a good speciman XR8 will be a enjoyable weekender or more.
I'm sure you can find a decent one well worth enjoying a last Falcon and great for keeps or move on once it served your purpose/need.
Enjoyable ownership.