Jump to content


Photo

Classic car bubble


  • Please log in to reply
184 replies to this topic

#141 d3c0y

d3c0y

    The 2000+ club

  • Members
  • PipPipPipPipPipPipPip
  • 2,908 posts
  • Website:http://garagesanmaru.com
  • Location:Brisbane
  • Tagline:Forum Jerk

Posted 10 May 2017 - 06:24 PM

I'm surprised too, however you cast your mind back to when Alex's (Edward Lees) red Fairlady Z sold for $35k, that really kicked this whole thing off for zeds in Australia.

I think auction prices tend to be a bit over the top and people like to make a statement with "record prices" so I don't feel it's an apples vs apples with private sales. Let's be honest the early 80s was the end of anything worth being considered a classic and the Rx7 was the last of the good batch for Japan.

 

Who knows though, maybe we are going to be paying $50k for MA70 supras and Z31s in the future?



#142 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 10 May 2017 - 06:36 PM

Not all cars remain desirable the early series 1 Rx7 has always been a popular car and probably very difficult to find in original shape by now.

I certainly see a lot of 90s cars becoming cult classics. Silvias, Supras, Skylines, rx7s, wrx's, evos etc..

They are all very popular even now, no reason in 30 years they won't bring mega money to my mind. Especially in original shape as so many have been modified extensively.
  • d3c0y likes this

#143 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 10 May 2017 - 10:36 PM

Meet the million-dollar Torana
Classic Holden up for auction in Sydney.
 

http://www.drive.com...509-gw1310.html

 

articleLeadwide-mossgreen-expects-this-c



#144 Agno

Agno

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,329 posts
  • Location:Melbourne

Posted 11 May 2017 - 02:11 PM

$55k for the Series 1 RX-7!

 

https://www.facebook...hc_ref=NEWSFEED

 

*edit can't attach images. (looks like a web server issue :S)

 

Series 1: 55k

Series 2: 37k

Series 3: 27k

 

I am blown away by that, I would have thought a series 1 would get $30k at most.

 

I went and saw these in person and there is absolutely no way any of these cars justified their final selling prices. They were in good condition but nowhere near what I would call immaculate. On top of that I heard somewhere the series 1 was advertised for a while privately for $27k so I bet the owner is feeling pretty good about himself.



#145 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 11 May 2017 - 02:36 PM

A good example of auction fever driving up prices.



#146 Classicman

Classicman

    Advanced Member

  • Members
  • PipPipPip
  • 189 posts
  • Website:http://www.affordableclassics.com.au
  • Location:Canberra
  • Tagline:New Member

Posted 11 May 2017 - 03:55 PM

Thats always the risk with auctions.  If you have a mediocre car, but there are a few buyers in the rook, the prices will rocket.

 

You can have the best car but if the right buyers aren't in the room, you wont get your price.



#147 d3c0y

d3c0y

    The 2000+ club

  • Members
  • PipPipPipPipPipPipPip
  • 2,908 posts
  • Website:http://garagesanmaru.com
  • Location:Brisbane
  • Tagline:Forum Jerk

Posted 11 May 2017 - 05:50 PM

Race car above with history is a whole other ball game...



#148 road rider

road rider

    Advanced Member

  • Members
  • PipPipPip
  • 217 posts
  • Location:Melbourne
  • Tagline:Life is like a bowl of hot soup.You need to be hot to get blown

Posted 11 May 2017 - 06:29 PM

$55k for the Series 1 RX-7!

 

https://www.facebook...hc_ref=NEWSFEED

 

*edit can't attach images. (looks like a web server issue :S)

 

Series 1: 55k

Series 2: 37k

Series 3: 27k

 

I am blown away by that, I would have thought a series 1 would get $30k at most.

 

 

I like RX7's :)  8)

Series One/$55,000
https://www.shannons...SBDF3FF8XMGO9P/

Series Two/$37,000
https://www.shannons...FJE5EF670IEFPF/

Series Three/$27,000
https://www.shannons.../BEEO26VIZ211Z/

 

 

 

::)  ;D Talk about totally missing Gavs post directly above mine! Doh! ::)  ;D



#149 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 17 May 2017 - 08:48 PM

Take a punt fellas on what you think this will bring at auction?

AU Delivered R32 GTR.

 

https://www.motormag...t-r-for-auction

 

I'm going to say $85k.

 

australian-1991-nissan-skyline-r32-gtr-s

 

1 way to distinguish AU delivered cars is via the rear lights, they have the amber turn signals 

australian-1991-nissan-skyline-r32-gtr-s


  • RB26DETT likes this

#150 RB26DETT

RB26DETT

    Advanced Member

  • Members
  • PipPipPip
  • 279 posts
  • Location:Perth, Western Australia

Posted 22 May 2017 - 11:46 PM

Gav you were close, went to 91k

https://www.shannons...9L6FAOD8X733FX/

Would have been good to get the third colour to have one of each colour ADM R32 GTR.

Here are my two.

3.thumb.jpg.1294ed5de7e0237ef5ae040dbfb43c48.jpg FB_IMG_1471491233726.jpg
  • gav240z likes this

#151 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 22 May 2017 - 11:54 PM

Very nice! I recall not long ago an SP RX-7 (FD3S) at Shannon's going for close to $80k. That's why I thought this would go a bit higher. Given their legendary status in Australia etc.. I wish I bought 1 a few years back but I've got enough toys for now. :D Besides I love my FD.

By the way do you know some of the other subtle differences for AUDM BNR32's vs Japanese imports? I tried searching for it before auction and couldn't find much. I just recall the tail lamps being the giveaway.

#152 RB26DETT

RB26DETT

    Advanced Member

  • Members
  • PipPipPip
  • 279 posts
  • Location:Perth, Western Australia

Posted 23 May 2017 - 12:37 AM

There are over 100 differences to the JDM models. The ones that come to mind are. Transmission cooler added to ADM model, speedo changed to 280 km/h, different tail lights to have amber turn signal, roof aerial for radio, different cassette player, different rear bumper number plate surround.

Plenty of other differences, third brake lights, seat belts, sun visor, english decals instead of Japanese etc etc

Attached is a document from Nissan that has all the differences and the part numbers.

Attached File  Nissan Skyline GTR R32 Australian Delivery - 10 page Nissan Document.pdf   133.76KB   25 downloads
  • gav240z likes this

#153 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 25 May 2017 - 03:16 PM

http://oppositelock....r-it-1681424894
 

Back in good'old 2004, I had the opportunity to buy an honest 79 911sc for $11,000 USD. I passed because I hated it. I didn't like the way it drove, the pedals felt stupid, it was dog-shit slow, and the kicker, it was brown over brown. I cursed it's very existence.

 
:P Sorry thought it was worth a share, found it quite funny.
  • d3c0y likes this

#154 260DET

260DET

    The 2000+ club

  • Members
  • PipPipPipPipPipPipPip
  • 2,223 posts
  • Location:Warwick
  • Tagline:Tribal Elder

Posted 01 June 2017 - 08:56 AM

http://oppositelock....r-it-1681424894
 
 
:P Sorry thought it was worth a share, found it quite funny.

 

Wonder what changed from hating to loving?  Anyway, a  hot S30  used to be a sensible and competitive alternative in many ways but given S30 prices now I wonder if that is still the situation.



#155 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 01 June 2017 - 09:24 AM

Wonder what changed from hating to loving?  Anyway, a  hot S30  used to be a sensible and competitive alternative in many ways but given S30 prices now I wonder if that is still the situation.

 

We're herd animals in a way and follow trends, if others want something and are willing to pay obscene gobs of money for something others start to want it also. How else do you explain the rise in Datsun 240K prices for example? I also think certain cars come back to being in vogue again, right now 80s cars are starting a resurgence in general, I think with TV shows like "Stranger Things" bringing back the 80s synth style music etc.. all that retro stuff comes back and with it icons of the era, as to weather or not these trends last is another question?

 

I reckon even the Z31 (300zx's) will make a come back soon, we're already seeing 280zx's go that way, early Mazda RX-7s etc..

 

With regard to the SC 911's I think because all the other early air cooled Porsche's went up in value the next logical way to get in to what the early cars offered was the SC. In the same way that 2 seater S30Z's are rising in value and the 2+2's are starting to uptick also, it's because people want the experience of an early S30Z but maybe cannot afford to get in at the 2 seater entry point.

 

In comparison to a Porsche I still find the S30Z prices reasonable to be honest. But the cost of some S30Z parts is getting up there lately. I just hope Nissan starts to reproduce some items like washer bottles and similar... paying $900 for 1 is insane.


  • George likes this

#156 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 27 June 2017 - 07:24 AM

I am surprised this 66 Porsche 911 failed to exceed 100k.

http://bringatrailer...aign=2017-06-26

Of course it's hard to read a market on 1 result but I also have noticed other markets outside of classic cars cooling lately. Wonder if this trend will persist?

#157 sidedraught

sidedraught

    Member

  • Members
  • PipPip
  • 24 posts
  • Location:central coast NSW
  • Tagline:If it was easy everone would do it.

Posted 27 June 2017 - 08:22 AM

The thing I cant help but notice about that nice Australian delivered R32 is that even though its so iconic and collectible it still hasnt reached what its sticker price was when it was new.



#158 aircobra

aircobra

    Senior Member

  • Members
  • PipPipPipPipPip
  • 692 posts
  • Location:Melbourne
  • Tagline:New Member

Posted 06 July 2017 - 12:34 AM

i'm surprised that ser 1 RX7 are not going anywhere.

they seem to fit the same credentials as the Z - first segment play, 2 seater, have aged reasonably well in apperance, etc.

they were probably pitched at the z buyers who moved off nissan after the various boat anchors like the 280zx got onto the showroom floor( no offence to their owners)

clearly, like the zs, the newer they got, they worse they got.

i know i considered one before i bought my z.. what put me off was the lack of parts support and the thirst of the rotary. although this was when juice was over $1.70 a litre

another factor was that they seemed to be even more trashed then the zs i looked at.

plus, although both cars weighed in at around 1000 kg, the original rotary was only good for 100hp, 50 hp less then the L24

giddy up!



#159 aircobra

aircobra

    Senior Member

  • Members
  • PipPipPipPipPip
  • 692 posts
  • Location:Melbourne
  • Tagline:New Member

Posted 06 July 2017 - 12:51 AM

in terms of investment and time value of money, the only person on the planet who made money on cars was this guy.

the guy who sold his house, all his shares .. and his underpants, went down to his ferrari dealer, bought a 250 GTO in late 60s,

then he drove it around the block a few times, then locked in his garage, he has been living in a caravan park since then.

then pulled it out last year.  then sold it at bonhams for $38m

average house price in syd then - around $6,000, cost of 7 year GTO then - the same

everything else is chicken feed in terms of rate of return

bullshit story, of course, but you get the point



#160 gav240z

gav240z

    Administrator

  • Administrators
  • 12,651 posts
  • Website:http://www.viczcar.com
  • Location:Sydney NSW
  • Tagline:Jack of all trades, master of none.

Posted 06 July 2017 - 01:27 PM

i'm surprised that ser 1 RX7 are not going anywhere.

 

You must have missed the earlier discussion?

https://www.shannons...SBDF3FF8XMGO9P/

 

Sold for $55k

 

1980-mazda-rx7-series-1-coupe.jpg






0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users