Just a interest point, people talk of the bubble bursting with the price of cars, the muscle car peak at approx 2006 and prices going down from there. When do you guys think from when cars where new say mid seventies where the cars hit rock bottom with prices and started to go up in value. I bought a 1972 gts coupe in 1995 for $4,500, which was on the dear side but after talking to him he said it was the only car that he made money on with the $3,800 he payed in 1975 second hand.
My guess would be at the 10 year old mark when many of them had been driven in to the ground and where at the wreak or restore stage and with still an abundance of them around the average driven car was worth nothing..??
Any Ford fans here?? I found this interesting when I heard it. I'm not sure if its true, but I've heard one of the limited edition GT Falcons was the only Australian built car in history to go up in value from the day of release. I think it was the XY GT fase 3 or HO something like that anyway??
1976 HJ XX7 Sandman
Genuine VN SS manual atlas grey
HX LE Coupe project
WB kingswoods went up in value from 1984 till the VG ute was released. A mate of mine bought a new 84 WB and sold it for more than new price in 1988. I paid $10000 for one in 1994. So they held their value for a long time.
Just thinking of the WBs, my dad bought one brand new in 1980 for $7900, my brother road it off in 1990 and the insurance value was $5900, most cars now are half there cost in 5-6 years
Pretty sure a new v8 Kingswood was about$12000 new. Mine got stolen in 96. All up insurance payout was $12500. That covered the Simmons wheels and bullbar and stereo. So agreed value.
A9X's held their value well. I looked to buy either a sedan or hatch in about 1990 and they were about $16k then (sedan was immaculate, hatch was good but needed some minor panel work and paint). They were aorund $10k new.
I rang the original owner of my wb, he said he paid $7900 in 1981and still has the receipt, said its the only car he ever made money on, sold it in 1988 for $12000 with 60,000klm on it, it just clicked over 230, 000klm today and still going strong.
Driver -1981 WB kingswood 253 4 speed
Weekend- AC Cobra replica 302ho(425hp) 4 speed toploader
Project Complete- SLR 5000 LH mock up(next door Neighbors)
never late in a 5.0 litre
I've got the original receipt for my 1984 WB van. It was $11,750.00 with 4.2 V8 and air con. WB's in good condition are holding their value well. I guess it's because that was the end of the real Holdens, and they are pretty well sorted suspension - wise too. I've never driven a van that handled as well as mine does.
Vans.... This is the 2nd time round the block, 40 years later! talk about turning back the clock!
I paid $3740 for my Sandman in March 1974 and was offered $500 more than I paid for it in June that year by the dealer who sold it to me. Eventually sold it to the auctions some years later for $4500.
I was looking into an acquisition recently and trying to justify the hideously high purchase price. It was a Holden V8 ute purchased for $3,800 new. I plugged the purchase year and amount into one of those online inflation calculators and boom... out pops just over $18,000. Pretty sure you couldnt buy a top spec holden v8 ute for even twice the 18K now but now you get more than twice the car with 50x more features and power... maybe it is all relative.
anyways the fella selling wasn't 'making a profit' or his ute hadn't appreciated if he sold for anything below 18K once you factor inflation.
BQZ
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