Classic/collectable/sought after cars to put away now. - Page 3

Barni · 20-06-2015, 07:26 PM

[QUOTE=Express;5419973]This is an article from CarsGuide in 2011 and what is has to say is still pertinent for today’s Aussie market and also reflects the opinions of what many members have already said.

Yes I have read this, thanks.

So has the t3 already moved in price or still depreciating?

XR Martin · 20-06-2015, 07:40 PM

For those wanting to collect something, make sure you stockpile its unique parts also.
My EL was written off just for a busted nosecone and indicator, simply due to lack of parts availability. (I did choose to keep it and will be fixed and back on the road any day now)

This is even a bigger issue with EB/EL GTs and T-series. Even FPV parts a getting hard to source.

Its easier to get parts for my XT than my EL or ED

b2tf · 20-06-2015, 07:55 PM

Quote:

Originally Posted by XR6 Martin

This is even a bigger issue with EB/EL GTs and T-series.

Bloody oath it is...............

GREGL · 22-06-2015, 09:30 PM

Example - I had the opportunity in 1982 to buy my brothers SLR5000 . It was 1 owner mild kms and as left factory for $4000 thereabouts ( 1974 one of the very early ones ). Today $40000 would be a effort to obtain realistically if it was kept in at least the same order . After 33 years $36000 increase, a tad over $1000 a year, even if it was a 80K car you still have to take out all the maintenance and storage which brings you back to lower than bank interest . You seriously gotta love a car to hold onto it for 33 years . As far as utes are concerned those days are past, all the dads drive dual cabs now and the kids won't/don't know what a real ausssie ute is .

Barni · 22-06-2015, 10:57 PM

Quote:

Originally Posted by GREGL

Example - I had the opportunity in 1982 to buy my brothers SLR5000 . It was 1 owner mild kms and as left factory for $4000 thereabouts ( 1974 one of the very early ones ). Today $40000 would be a effort to obtain realistically if it was kept in at least the same order . After 33 years $36000 increase, a tad over $1000 a year, even if it was a 80K car you still have to take out all the maintenance and storage which brings you back to lower than bank interest . You seriously gotta love a car to hold onto it for 33 years . As far as utes are concerned those days are past, all the dads drive dual cabs now and the kids won't/don't know what a real ausssie ute is .

Storage is free. Only costs are insurance and changing fluids etc when required which isn't much. At your rate of $36000 increase I would have made a profit of 5% after insurances and maintenance costs. (Assuming the interest rates stay the same over 30 years). Banks are currently around 2.7% savings. Not sure why people bring this up. It's a speculate investment just as property or shares or any other investment. It's a calculated risk we are willing to take. And we do love cars and we only invest in things we love.

Barni · 22-06-2015, 11:43 PM

Thanks to all for the contributing thoughts and info.
We have come up with a list of cars with your help also, that are speculative to increase over time. They may not be classics but they might be cars people in time will look back and perhaps want one in low km and excellent condition. Feel free to comment on the list.

Vn group A 1989 $35-70grand, 4,000km was at $70k
HSV coupe 4
S2000 $28-35 lower 40,000km
Vh sle not sure. 8-15k guess.
Vn and vp SS 12-15k for low under 100,000km. can't find originals though, all modded usually.
Vp gts$ 26-30 if you can find one under 100,000km
Vs gts 25-30k
Ford t3 ts and maybe Te ?? T3 ts range $35-45 low km under 60,000km.
Ford falcon gt eb2 $30k for around 100,000km.
Xd xr8 sprint $12-18for lower km under 80,000km
Mazda mx5 1989 na1 $13-16k, low km under 40,000
Mazda rx8 2008 models. gt or anniversary model 20-30 grand. 8,000km to 30000max.last of the rotary engines.
Mazda rx7 sp Australian model, only around 100 I think but expensive if you can find one.,over 50k
BMW e46 m3 $35-45 40-70,000km....but so many made so not sure on this, I just love it for personal reasons.
BMW m5 e34 25000km for $56k
Holden Monaro cv8z $45-50 10,000km
Ford ed sprint xr8 10-15 around 100,000km
Ford eb2 gt $24k for 50,000km.
Vn Sv5000 $20-30 for 60-120,000km.

Now which to purchase first hmmmm.

Spurious · 22-06-2015, 11:51 PM

I reckon just keep a falcon, whatever version it might be.
With production stopping soon, can you imagine what the future holds?
A car of any notable breed comes into it's own when they wind up being the last of their kind.

My examples would be...

XU1 Torana & SLR's
HQ's
Brougham
Walkinshaw
XP, XA falcon through to XD's
F100's
Leyland P76
Certain Valiants, especially Chargers, also Centura
Old Skylines have a cult following now too.

Each to his own. If you have the space, put one away. Look what's happened to the GTHO's, legendary & priceless!!!

**Cav** · 23-06-2015, 08:31 AM

Why buy these cars if you are going to store them and not enjoy driving them?

Better to put your money into real estate.

Barni · 23-06-2015, 02:16 PM

Quote:

Originally Posted by Cav

Why buy these cars if you are going to store them and not enjoy driving them?

Better to put your money into real estate.

I have many properties and believe in a diversified portfolio. My financial scenario is not like yours as we are all different, and property would not be a better choice for me at this time.

They will be drivin on the rare occasion, and enjoyment is not just in driving them. Displaying them also has its pleasure.

Barni · 23-06-2015, 02:31 PM

Ok need some help, out of the ed xr8 sprint or the eb2 gt.....which one would you choose and why?

LoudPipes · 23-06-2015, 02:51 PM

Quote:

Originally Posted by Barni

I have many properties and believe in a diversified portfolio. My financial scenario is not like yours as we are all different, and property would not be a better choice for me at this time.

They will be drivin on the rare occasion, and enjoyment is not just in driving them. Displaying them also has its pleasure.

Quote:

Originally Posted by Barni

Ok need some help, out of the ed xr8 sprint or the eb2 gt.....which one would you choose and why?

From reading many of your posts it appears you’re more interested in the financial gain and not really the enjoyment of owning a classic so why not sell some of those properties and forget about the limited appeal Aussie stuff and buy into the real money cars.

Top end cars that are collectable worldwide can make you squillions if you can afford to play.

The sale of a few properties should buy you into the entry level high end.

UKXR8 · 23-06-2015, 02:52 PM

I reckon cars that were initially very popular, sold in massive volume because of it, became very cheap and suffered at the hands of people who didn't care so much and became scrapped are the cars to keep. As many have cited on here late 60's early 70's cars are great examples. A nice fairly low spec but very original XA/XB will cost a lot of money.
So, I think the value on FPVs will stay fairly high. I think the true value is if you can find a really nice mass high production numbers car that is getting trashed in high numbers.

I reckon EF/EL XR6/XR8 and Fairmont Ghias fit this mold. Find a nice one, stick it in the shed and wait...

Barni · 23-06-2015, 03:35 PM

Quote:

Originally Posted by LoudPipes

From reading many of your posts it appears you’re more interested in the financial gain and not really the enjoyment of owning a classic so why not sell some of those properties and forget about the limited appeal Aussie stuff and buy into the real money cars.

Top end cars that are collectable worldwide can make you squillions if you can afford to play.

The sale of a few properties should buy you into the entry level high end.

The financial gain was written in the first post, if you would like to contribute how about posting cars you believe will be sought after instead of giving unprofessional financial advice. Cheers

Barni · 23-06-2015, 03:36 PM

Quote:

Originally Posted by UKXR8

I reckon cars that were initially very popular, sold in massive volume because of it, became very cheap and suffered at the hands of people who didn't care so much and became scrapped are the cars to keep. As many have cited on here late 60's early 70's cars are great examples. A nice fairly low spec but very original XA/XB will cost a lot of money.
So, I think the value on FPVs will stay fairly high. I think the true value is if you can find a really nice mass high production numbers car that is getting trashed in high numbers.

I reckon EF/EL XR6/XR8 and Fairmont Ghias fit this mold. Find a nice one, stick it in the shed and wait...

Very good point. This is why I also thought of the e46 m3. Cheers

whitesoarer · 23-06-2015, 04:17 PM

I'm banking on high km EB Ghia V8s being worth something in the future

LoudPipes · 23-06-2015, 05:08 PM

Quote:

Originally Posted by Barni

The financial gain was written in the first post, if you would like to contribute how about posting cars you believe will be sought after instead of giving unprofessional financial advice. Cheers

Unprofessional my rear end, what are you a child?

That is my advice.

You have definitely shown an interest in profit over the enjoyment of ownership, i.e. getting out and driving them.

Your other tread on car storage is also a testament to that.

Collecting cars is a lucky dip at best and you limit yourself if you only aim for the Aussie product as most don’t end up being worth a great deal and now with savvy collectors around who hoard perfect examples of everything you are already behind the eight ball.

My advice again is to sell some of your properties and purchase high end collectables that have an international appeal.

My brother and a couple of his friends worked on that principal years ago and eventually some of the cars were sold back to Roll Royce and Mercedes.

I drive my XY every sunny day without a care in the world of what it is or will be worth, it's my collectable fun car to enjoy, not a cash cow.

jpblue1000 · 23-06-2015, 06:09 PM

what about something interesting like a Healy 3000 or e type Jag or other 1950's euro.
These have proven to have a following and are climbing in price and are uber cool.

JP

**Polyal** · 23-06-2015, 06:24 PM

While I am still dirty I had to sell it (made logical sense, not financial) my Alfa 105 sold in less than 24hours and full asking price...

Barni · 23-06-2015, 06:42 PM

Quote:

Originally Posted by LoudPipes

Unprofessional my rear end, what are you a child?

That is my advice.

You have definitely shown an interest in profit over the enjoyment of ownership, i.e. getting out and driving them.

Your other tread on car storage is also a testament to that.

Collecting cars is a lucky dip at best and you limit yourself if you only aim for the Aussie product as most don’t end up being worth a great deal and now with savvy collectors around who hoard perfect examples of everything you are already behind the eight ball.

My advice again is to sell some of your properties and purchase high end collectables that have an international appeal.

My brother and a couple of his friends worked on that principal years ago and eventually some of the cars were sold back to Roll Royce and Mercedes.

I drive my XY every sunny day without a care in the world of what it is or will be worth, it's my collectable fun car to enjoy, not a cash cow.

Thank you for your advice, unfortunately it isn't related to the original post. Perhaps you didn't read it so I'll post it one more time incase you missed it somehow.

Hi peeps, my first post here as I needed some advice as this has been a recent discussion topic with some friends. My apologies if this topic has been brought up previously, I did search through 4 hours prior to typing but there is a lot of info to get through.
Our discussion is what car would be put away which has the best potential to perhaps increase in value over the next 15-20 years, whilst enjoying the car on the rare special occasion. This was brought up especially as ford and Holden are closing locally, and we believe nostalgia will kick in when it does down the track.
We have other cars that we drive regularly, and storing money in a bank at around 3% is crap. We have other investments as I know most will say invest in something else, but for the sake of this topic could we agree it has to be cars. We discussed that cars with race pedigree mean something, but other cars do become sought after also if well maintained with low km's. Some cars we brought up are the FPV GT cobra which I love, FPV gt 40th edition, boss 355 r spec, FPV GT-F, HSV coupe gts, coupe 4, cvz8 Monaro...
(I reckon there are to many but it's been mentioned so I'll let you guys decide). Early 911's have increased already, porches 944's? It helps if the cars have depreciated and levelled off just prior to hopefully increasing. We don't have unlimited budgets so cars that most people can afford is what we have spoken about. Anyhow would be great if people could contribute the're thoughts on cars you would buy now if cash is available, on the best possible choices to buy. Appreciate the feedback.

Did you read the lines that state "we don't have unlimited budgets". Did it state only Australian cars? It did state cars that have a chance of appreciating in value, so not sure why you need to bring this up as its the main point of this thread/topic.
Your giving advice to sell properties to buy high end international appeal. This is not the topic, why do you need to give advice that has nothing to do with the original topic? Everyone else understood this but you.
Cars with international appeal is a great idea, but can you suggest some that don't cost the same as (house prices). Many cars in many price ranges can appreciate in value. We are mentioning cars at the lower bracket. Thanks

Barni · 23-06-2015, 06:54 PM

Quote:

Originally Posted by jpblue1000

what about something interesting like a Healy 3000 or e type Jag or other 1950's euro.
These have proven to have a following and are climbing in price and are uber cool.

JP

Don't know much about the Healy, I thought the E type jag has already increased?

pottery beige · 23-06-2015, 06:55 PM

HT Panno ex ambo ftw

BA Supa Pursuit · 23-06-2015, 07:13 PM

I would love a manual VS GTS, hard to find a good one, and out of my budget due to 3 kids and a big mortgage. Before we had kids I went close to buying a walkinshaw for $25k, lol bought a near new VS Clubsport instead!

As I mentioned I have a limited budget, and with an open mind (I like all cars including Ford, Holden, rotary etc), I just found and bought an immaculate low km one owner AU XR8 series one with a mild cam/exhaust/headers for $6k. It's been put away for the future (more for my enjoyment than an investment).

I believe any v8 or turbo falcon or commodore will be more sought after in two years time when production ceases.

If I was buying for investment with a better budget I would defiantly buy vl walkinshaw and modern monaro hsv versions. On the ford side I think the winners would be bf force models and fg f6's.

tranquilized · 23-06-2015, 08:10 PM

I think this thread is a great conversation topic. From what I can tell I think along similar lines to Barni - the idea to buy a car you love to keep in immaculate condition and enjoy a drive on the occasional sunny weekend has obvious appeal to all of us. But choose wisely and that pleasure will cost you very little, possibly even be profitable. Who wants to pour bucket loads of money into a machine that will be worthless when it's all said and done? Sure you'll enjoy owning and driving the thing, but starting with model that is more likely to appreciate does not make one less a car enthusiast, it's just having your cake and eating it too.

As for the XR8 Sprint vs EB GT? I'd go for whichever immaculate low km example came up first. Can't go wrong with either imo

Barni · 23-06-2015, 08:20 PM

Quote:

Originally Posted by BA Supa Pursuit

I would love a manual VS GTS, hard to find a good one, and out of my budget due to 3 kids and a big mortgage. Before we had kids I went close to buying a walkinshaw for $25k, lol bought a near new VS Clubsport instead!

As I mentioned I have a limited budget, and with an open mind (I like all cars including Ford, Holden, rotary etc), I just found and bought an immaculate low km one owner AU XR8 series one with a mild cam/exhaust/headers for $6k. It's been put away for the future (more for my enjoyment than an investment).

I believe any v8 or turbo falcon or commodore will be more sought after in two years time when production ceases.

If I was buying for investment with a better budget I would defiantly buy vl walkinshaw and modern monaro hsv versions. On the ford side I think the winners would be bf force models and fg f6's.

Always liked the AU xr8's. I found a 54,000km VR GTS FOR 24k..super clean but I prefer the vs gts. I love all makes of cars, except those pandas. As we all know picking cars that may appreciate is extremely difficult but choosing cars that you would actually enjoy driving is a must. That way if it doesn't appreciate at least you can enjoy the car along the way.

Barni · 23-06-2015, 08:31 PM

Quote:

Originally Posted by tranquilized

I think this thread is a great conversation topic. From what I can tell I think along similar lines to Barni - the idea to buy a car you love to keep in immaculate condition and enjoy a drive on the occasional sunny weekend has obvious appeal to all of us. But choose wisely and that pleasure will cost you very little, possibly even be profitable. Who wants to pour bucket loads of money into a machine that will be worthless when it's all said and done? Sure you'll enjoy owning and driving the thing, but starting with model that is more likely to appreciate does not make one less a car enthusiast, it's just having your cake and eating it too.

As for the XR8 Sprint vs EB GT? I'd go for whichever immaculate low km example came up first. Can't go wrong with either imo

Totally agree.
This is one I'm currently looking at. Any thoughts on price and condition guys?
And perhaps the owner is on here...just spoke to him. Tassie trip might be coming up.

http://www.carsales.com.au/private/d...-3465674/?Cr=1

jpblue1000 · 23-06-2015, 09:07 PM

Quote:

Originally Posted by Barni

Don't know much about the Healy, I thought the E type jag has already increased?

Ive seen soem 100K healeys proving they are attracting a premium. yes both have already started to appreciate proving thir worth, But given their age and obvious status, rarity and parts availability, size of clubs etc they will continue to grow. Higher starting price point I agree but will hold value, less of a risk, think blue chip investment and a big healy is just so bloody cool.
https://www.google.com.au/search?q=h...q=healey++3000
JP

tranquilized · 23-06-2015, 09:31 PM

Quote:

Originally Posted by Barni

Totally agree.
This is one I'm currently looking at. Any thoughts on price and condition guys?
And perhaps the owner is on here...just spoke to him. Tassie trip might be coming up.

http://www.carsales.com.au/private/d...-3465674/?Cr=1

Looks like a pretty good buy. Wondering what that aftermarket switch is on the dash though, next to the rear demister.

Express · 23-06-2015, 10:25 PM

I’ll say any of the cars already mentioned but to a far lesser degree than people think simply because if you’ve thought of it then so has somebody else.
That Shannons article I posted talks of late model local cars with low production numbers being bought new, insured then locked away without rego.
The future appeal of those cars may be there but the number of good examples will impact on their exclusivity.
The same can be said of many of the performance cars from 1980 to 2010 as the owners now know there is a chance they may be worth something and they are being cotton balled.
In the ‘60s and ‘70s most of us didn’t have the foresight to see cars as collectable and therefore many didn’t survive.
Now being aware of collectability is common for almost anything thing you can think of.

In 1979 there was a complete HQ GTS 4 door drove into the pit of our local trip because the owner didn't want it after he blew the engine.
I climbed into it and removed the GTS dash and left the rest because most of the parts were a dime a dozen.

I have an A9X that I bought for $11k in the early ‘80s and as I had moved to Sydney at the time it has sat in my father’s shed ever since and remains unmolested, un-stolen, undestroyed, unsold or any of the other things that happens to older cars over the years.
The fact I still have it and it’s worth something it just dumb luck.
I also have a few old Holden’s from the ‘70s that I’ve spend money on keeping in good nix that are worth very little in the world of car collecting.
They're probably worth no more than the money I’ve spend on them over the years.

So the few cars that make it to real desirability are few and far between and the rest are not worth the restoration costs and therefore end up being the labours of love of car enthusiasts and not profit makers for the collectors.
So give all the cars you’re thinking of a miss and start looking at cars that no-one wants and a good example is who would have thought 10 years back an old split window Kombi would be worth $100k today?

And because I don't have a crystal ball and can't think of anything unusual my choice would be a white, manual, 308, HZ GTS as no-one is interested in them and because I recently picked one up as a project for $8k.
By the time I finish restoring it, it’ll be worth probably two thirds of what I’ve spent but such is the life of a car enthusiast.

Collecting cars for profit is for mugs or people with deep pockets, for the rest of us ending up with a desirable classic that is actually worth anything is usually nothing more than blind luck.
And I agree with Loudpipes, the real money is in cars that are collected around the world and that is why when I finish with my Euro’s they’ll be going straight to the pool room.
In 30 years’ time I wonder what my neighbour’s with their electric computer driven GPS tracked snooze boxes will think when they hear the snarly bark of a C63 as it wakes up from its slumber.

Another thing, drive them every chance you get and don't cocoon them, what's the point of a classic if you do nothing but look at it.

Barni · 23-06-2015, 11:16 PM

Quote:

Originally Posted by Express

I’ll say any of the cars already mentioned but to a far lesser degree than people think simply because if you’ve thought of it then so has somebody else.
That Shannons article I posted talks of late model local cars with low production numbers being bought new, insured then locked away without rego.
The future appeal of those cars may be there but the number of good examples will impact on their exclusivity.
The same can be said of many of the performance cars from 1980 to 2010 as the owners now know there is a chance they may be worth something and they are being cotton balled.
In the ‘60s and ‘70s most of us didn’t have the foresight to see cars as collectable and therefore many didn’t survive.
Now being aware of collectability is common for almost anything thing you can think of.

In 1979 there was a complete HQ GTS 4 door drove into the pit of our local trip because the owner didn't want it after he blew the engine.
I climbed into it and removed the GTS dash and left the rest because most of the parts were a dime a dozen.

I have an A9X that I bought for $11k in the early ‘80s and as I had moved to Sydney at the time it has sat in my father’s shed ever since and remains unmolested, un-stolen, undestroyed, unsold or any of the other things that happens to older cars over the years.
The fact I still have it and it’s worth something it just dumb luck.
I also have a few old Holden’s from the ‘70s that I’ve spend money on keeping in good nix that are worth very little in the world of car collecting.
They're probably worth no more than the money I’ve spend on them over the years.

So the few cars that make it to real desirability are few and far between and the rest are not worth the restoration costs and therefore end up being the labours of love of car enthusiasts and not profit makers for the collectors.
So give all the cars you’re thinking of a miss and start looking at cars that no-one wants and a good example is who would have thought 10 years back an old split window Kombi would be worth $100k today?

And because I don't have a crystal ball and can't think of anything unusual my choice would be a white, manual, 308, HZ GTS as no-one is interested in them and because I recently picked one up as a project for $8k.
By the time I finish restoring it, it’ll be worth probably two thirds of what I’ve spent but such is the life of a car enthusiast.

Collecting cars for profit is for mugs or people with deep pockets, for the rest of us ending up with a desirable classic that is actually worth anything is usually nothing more than blind luck.
And I agree with Loudpipes, the real money is in cars that are collected around the world and that is why when I finish with my Euro’s they’ll be going straight to the pool room.
In 30 years’ time I wonder what my neighbour’s with their electric computer driven GPS tracked snooze boxes will think when they hear the snarly bark of a C63 as it wakes up from its slumber.

Another thing, drive them every chance you get and don't cocoon them, what's the point of a classic if you do nothing but look at it.

I agree with you have said. I also agree with loudpipes mentioning cars that have worldwide appeal. What we have thought up, others have too. But, these speculative cars that may increase in time have to hit a certain age. As the article says and what most believe is the 30 year mark, or age in general to wipe out most of the others out. Some people can't hold onto their car for that long and choose to sell. But they sell at today's prices being what ever the market value is, what ever the demand is in today's prices. Perfect example is the car I posted on cars sales, be2 gt. I don't know if this will be a collectable in another 20 years but knowing the cars that mean something today surely gives us an indication of what will mean something to us tomorrow?
Another example, i was into the Holden vn's growing up. I recently offered 15k for the cleanest vnss in original form just to have as my everyday cruiser. They sell between 8-12 for clean low km examples. I still haven't found one. It doesn't matter if collectors have stored 200 of those be2 gt's in original form with no km, because there will always be more than 200 people that will want one.....if it's the right car that is. Anyhow they are my thoughts, I could be wrong, I have been many times. And I'm sure I'll be wrong again. I just love cars and appreciate them. And the idea was to share the drive between all of them and keep the km low over the years in tip top condition, cocooning is to protect them as not all will be registered. Even my new car sits in a controlled garage with a cover...it's the OCD I have that makes me do it.

Express · 24-06-2015, 12:07 AM

Quote:

Originally Posted by Barni

It doesn't matter if collectors have stored 200 of those be2 gt's in original form with no km, because there will always be more than 200 people that will want one.....if it's the right car that is.

I’ve been around cars all my life and I do believe it’s easy to over estimate how many people are truly interested in owning a classic which is very different to admiring them.
But more importantly the number of people prepared to pay big money is much, much less.

Most car enthusiasts are not collectors as such, they are into cars and tend to pay modest prices and in many cases less than a new car to have a weekender in their garages.
Some are lucky to have had a car around for years that turns into a red hot desirable and some find a piece of junk and bring it back to life.
How many of the classics from the Ford, Holden and Chrysler stables are worth more than a new performance car?
Not many and I think a lot of people lose sight of that fact and get blinded by the prices of a few like the Phase 3, Cobra, E49, 350 GTS, XU1 & A9X.
Really the market here is too small, just an honest observation.

One of the nicest looking classics near where I live is a Hemi Pacer but in truth I don’t think it’s worth a great deal in monetary value but most likely priceless to the owner.
I know I'd like to own it but I wouldn't pay a great deal for it.

Another thing is in 30 years most people searching for a real classic won’t care that much if it has 10km or 100,000km on the clock so why not get out and drive them.

To take what XR6 Martin said a little further, collect and stockpile unique parts for performance models.
A panel beater friend of mine did that back in the ‘70s and ‘80s and made a killing out of it until his stocks ran dry.

.