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The Pub For General Automotive Related Talk |
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05-02-2016, 11:59 AM | #31 | ||
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Please tell me you have a shed,and don't plan on leaving it in a paddock for 30 years. on blocks of course
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05-02-2016, 12:03 PM | #32 | ||
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What are the chances of getting spares in 25 years for a low production australian car that is somewhat unique by world standards especially with all the electronics in cars these days. Also would the electronics survive long term storage in terms of dust and moisture?
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05-02-2016, 12:28 PM | #33 | |||
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Quote:
Problem is that 100yo cars are simple, mechanical things which can be fixed with simple tools. A 100yo FGX will likely be a non-runner as the plastic will have degraded, electronics failed an no one knows how to fix them (much like early EFI is now). Might as well drive that FGX and enjoy it while it's useful .. then store is as a static display when it becomes all too hard/expensive. |
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05-02-2016, 12:44 PM | #34 | ||
WT GT
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Retarded thread...
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05-02-2016, 12:50 PM | #35 | ||
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what an idiot
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05-02-2016, 12:57 PM | #36 | |||
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This is a large part of the reason why the old iron has a certain collector value, relatively easy to work on and restore..................looking at the way cars are built today, I can not see any long term collectable future for them, let alone a time when it will be viable to restore them. Look after them, drive and enjoy them, then move them on when the time is right, but don't expect to make money out of it because it won't happen, pure and simple. Cheers Mick |
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05-02-2016, 01:12 PM | #37 | ||
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Couple of ways to look at it, you could either:
1) Invest $$$ into buying lots of Falcon parts now and stock them, sell the parts at a premium price to those that run them into the ground and / or mothball them, or 2) Mothball the Falcon and buy parts from person in scenario 1, once parts starts decaying, or 3) Run the Falcon into the ground and buy parts from person in scenario 1, for parts that are broken, or 4) Buy the Falcon, drive it, look after it and live with the fact that inevitably, you will be driving another NON Falcon car thinking how good your old Falcon used to be...
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05-02-2016, 01:25 PM | #38 | ||
Right out sideways
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Not meaning to be picky, but a new Ford has at least 3km on the clock when it comes off the truck from the factory as they test them.
Well that's how it was when I worked there in the BA days
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05-02-2016, 01:52 PM | #39 | |||
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I agree with pretty much everyone here, dumb idea, doesn't appeal to car enthusiasts OR money makers. MAY appeal to museums, but how many museums want your Falcon? |
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05-02-2016, 01:55 PM | #40 | ||
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Somehow I cant see how todays Falcon (or any other standard car) will be considered a desirable classic in 40 years time in the sameway that we look at an XY or XC now.
Trying to avoid saying a cliché, its just todays car don't seem to be timeless anymore.
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05-02-2016, 02:30 PM | #42 | ||
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I think it upsets those that don't have the space or money to do the same
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The Daily Driver : '98 EL Falcon, 5 Speed , 3.45 lsd The Week End Bruiser : FPV BF GT 40th Anniversary, 6 Speed Manual, 6/4 Brembo and lots of Herrod goodies Project 1 : '75 XB GS 351 Ute, Toploader, 9" with 3.5's Project 2 : '74 XB GS Big Block Coupe, Toploader, 9" with 4.11's In Storage : '74 XB GS 351 Fairmont Sedan XB Falcon Owners Group Mike's Man Cave |
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05-02-2016, 02:40 PM | #44 | |||
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Lucky I kept my XB GS Coupe in a shed instead of selling it the wreckers for $500 as he suggested. If only he could see it today....
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The Daily Driver : '98 EL Falcon, 5 Speed , 3.45 lsd The Week End Bruiser : FPV BF GT 40th Anniversary, 6 Speed Manual, 6/4 Brembo and lots of Herrod goodies Project 1 : '75 XB GS 351 Ute, Toploader, 9" with 3.5's Project 2 : '74 XB GS Big Block Coupe, Toploader, 9" with 4.11's In Storage : '74 XB GS 351 Fairmont Sedan XB Falcon Owners Group Mike's Man Cave |
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05-02-2016, 03:02 PM | #45 | ||
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if you bought one today at $40k and didn't touch it you would have to get $100k in 40 years time to get any profit at all, plus you would want a return of more than 5% so you would have to sell it for $600k to make it worth while
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05-02-2016, 03:11 PM | #46 | |||
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Quote:
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05-02-2016, 03:25 PM | #47 | ||
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40 years ago a 351 manual XB cost $4600, calc'd inflation to today and its worth $27000
and an XB GT coupe cost about $6200 and worth $36k today so chances are if you pick the right car you won't lose too much cash but you certainly wouldn't make anything wait 10 years buy an FG-X XR for about $15k and keep it 30 years and you might make some money
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CURRENT RIDES BA GT Mk1 #0009 - Narooma Blue SY Ghia AWD Black VZ LX8 Adventra Holden HX 50th Anniversary AU Saloon Car racecar 1980 GS1000ST - Wes Cooley Rep
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05-02-2016, 03:32 PM | #48 | |||
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If I 'had' to sell tomorrow, I don't think it would hang around long at 40K-45K.
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The Daily Driver : '98 EL Falcon, 5 Speed , 3.45 lsd The Week End Bruiser : FPV BF GT 40th Anniversary, 6 Speed Manual, 6/4 Brembo and lots of Herrod goodies Project 1 : '75 XB GS 351 Ute, Toploader, 9" with 3.5's Project 2 : '74 XB GS Big Block Coupe, Toploader, 9" with 4.11's In Storage : '74 XB GS 351 Fairmont Sedan XB Falcon Owners Group Mike's Man Cave |
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05-02-2016, 03:38 PM | #49 | ||
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Each to their own.
It's real exciting when we see an untouched Phase 3 with low kms, or a XW or XY GT, because there are only a handful of cars like that, literally. I can see in 30 years time the GT national unrestored class will have 500 BF cobras, 40 anniversary, GT R-specs, GT Blacks, GT-Fs lined up with delivery kms on the clock..... You can go buy a ute but there are 100s maybe 1000s of guys mothballing FPVs, some even just XR utes. In 25 years time I'll buy a low km 30 year old GT, there a heaps being stored so it won't be any supply and demand issue. |
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05-02-2016, 03:40 PM | #50 | ||
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05-02-2016, 03:46 PM | #51 | ||
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Does anyone know how many XY GT's were sold?
And rough estimate for how many performance model FGX's may be sold? I think back in the XY GT days people didn't know they would become the classic that they did, but with the last model performance Falcons people are automatically assuming they will be and so there will be many mothballers. I think this will actually prevent them from being as desired as the XY's. |
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05-02-2016, 03:52 PM | #52 | ||
Render unto Caesar
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Meh, never saw the desire to spend a bunch of $$ on a vehicle to only lock it up and never use it. Just to gain extra $$.
Unless these are Ferrari 250 GTOs or even XY GTHOs, they're not going to appreciate much in value if any. Sorry to say there is nothing special about these or the HSVs. They're just modded sedans that have no racing background or anything that would justify a sudden appreciation in value. If they do, bonus, but I seriously doubt. In saying that, whoever buys the car, it is their choice to do what they wish with it. I respect those guys who spend the odd 5mill or so on their 1962 Ferrari GTOs and go race them on the track. They're enjoying their purchase.
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05-02-2016, 03:56 PM | #53 | |||
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05-02-2016, 04:29 PM | #54 | ||
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When I bought my xr8 in March last year another guy bought 2 brand new xr8's one to drive and one to store. All depends how much money you have
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05-02-2016, 04:47 PM | #55 | ||
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05-02-2016, 04:49 PM | #56 | |||
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Every month I get Unique Cars magazine & this bloke has been advertising this car ever since he purchased it. It's still got only delivery mileage & has been kept in an airtight car cocoon. He wants $65k for it & here we are 10-11 years later & he's still got it.... |
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05-02-2016, 04:53 PM | #57 | |||
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BF Cobra owners are the kings of this kind of behavior, most of them will have to be burried with their cars!
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05-02-2016, 05:00 PM | #58 | ||
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05-02-2016, 06:02 PM | #59 | ||
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Please show me where these 36K XB GT Coupes are, I want in on that deal.
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The Daily Driver : '98 EL Falcon, 5 Speed , 3.45 lsd The Week End Bruiser : FPV BF GT 40th Anniversary, 6 Speed Manual, 6/4 Brembo and lots of Herrod goodies Project 1 : '75 XB GS 351 Ute, Toploader, 9" with 3.5's Project 2 : '74 XB GS Big Block Coupe, Toploader, 9" with 4.11's In Storage : '74 XB GS 351 Fairmont Sedan XB Falcon Owners Group Mike's Man Cave |
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05-02-2016, 06:12 PM | #60 | ||
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Am I missing something here?? Who registers their cars when they are stored up?? What interest??
I currently have seven cars in storage, and none are registered, have not paid a cent in interest on any of them and only the tree most valuable ones (40K and over) are insured and insurance on laid up and stored cars is cheap (around $200 per year) , I pay cash for my cars, if you need to get a loan to buy a car you can't really afford the car IMO, I would never get a loan for a depreciating asset these days unless I can offset it on my tax in some way. Also not all people store cars to make money, some just like the cars they have. I wish I kept some of my other cars I had (Mk2 GT Cortina, TE S Pac 250 4 Speed, XB GT, my old 40 Series, my ELXR8 Series 2 5 speed) but no room back then... I also think people who buy a car to 'put away' generally have the $$ to do so, if I had more $$ to spare I would have a bigger shed and more cars I still desire.
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The Daily Driver : '98 EL Falcon, 5 Speed , 3.45 lsd The Week End Bruiser : FPV BF GT 40th Anniversary, 6 Speed Manual, 6/4 Brembo and lots of Herrod goodies Project 1 : '75 XB GS 351 Ute, Toploader, 9" with 3.5's Project 2 : '74 XB GS Big Block Coupe, Toploader, 9" with 4.11's In Storage : '74 XB GS 351 Fairmont Sedan XB Falcon Owners Group Mike's Man Cave Last edited by XB GS 351 Coupe; 05-02-2016 at 06:19 PM. |
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