Muscle Car Prices Rising Again - Stupidity

[HEMI POWER]

This thread is now just getting stupid and that's coming from me.

[Director]

why dont we move on to politics, ETS, right to life, Indigenous affairs, work choices, Pulp mill, nuclear power and Tehran, coal power, illegal immigrant, Iran, Iraq discussions so we can all calm down a bit and remain rational

[4Vman]

Originally Posted by HEMI POWER

This thread is now just getting stupid and that's coming from me.

agree!!

[gcg2503]

I am still coming to terms with the $35000 result for the Nugget Gold ZD Fairlane a few months back!

http://www.shannons.com.au/pages/auc...MFOK42A626AD47

[MO]

Originally Posted by Director

why dont we move on to politics, ETS, right to life, Indigenous affairs, work choices, Pulp mill, nuclear power and Tehran, coal power, illegal immigrant, Iran, Iraq discussions so we can all calm down a bit and remain rational

Get out of here,gee some ppl,where else can a bloke go for a bit of fun and a giggle.

[MO]

Originally Posted by HEMI POWER

This thread is now just getting stupid and that's coming from me.

Well just look at your avatar and soothe your mind.

[MO]

Originally Posted by 4Vman

Leggo! LOL

Damn,didn't think of that one.

[Highway]

hahaha leg wwhat a cracker!!

[Director]

I personally think the desire to own a Aust muscle car is probably nearing its high point, all the stars are aligned, good personal wealth, good jobs, high disposable income but most importantly the demographic of successful 30-50 year olds who posseses this wealth does have the desire to own and be seen in these cars.
I think once we age, interest in these cars will decrease but never diminish, prices will remain steady and then drop but never free fall, in short they will remain valuable in some capacity but to consider then an investment would not be a good move.
My XB will go to my daughter, I have it cause I love it.

[djjase]

Because it is supply and demand if everyone stopped paying those prices then they will come down - simple.

I for one would not pay $10,000 for a rusted coupe that is a rolling shell missing everything and if someone does then thats their choice.

Now people on ebay need to learn that a XB GT guard is not anything different to a XB 500 guard or that a XD wiper motor is not just for ESP

What I don't like is that these prices happened overnight after I sold off about 6 or so cars that were coupes, GT's etc as I had no where to store them - that my loss now some one has my white XP coupe I sold for $4,000 and probably sell it for $20,000 how about the red xb coupe I sold with a blue slip for $8,000 now probably want $25,000 - damn it I needed a bigger shed to store them all in

All I have now is lots of pictures, lots of fond memories and a set of XB GT tags that not even $5k has been able to get them off of me.

[prydey]

Originally Posted by BENT_8

I cant see how i confirmed what he said, at that time top end cars were fetching upwards of 500k, we'll see what happens in the next 12 months.

12-18 months ago people were seeing 80-100k for replicas, today AMCS has pages of replicas for sub 60k with most mint low milage genuine articles sitting un sold at around 100-120k, even less if you prefer the better looking XW.
The same trend that saw these replicas hit those figures has seen them come crashing back to earth.

given that the country has been through a major financial crisis (recession?) over the same period, wouldn't it be natural to expect this to be reflected in car prices?? is that being too logical?

prices may not rebound to what they were (they may in the long term, who could know) but i would imagine they will trend similar to the economy.

[Falcon Coupe]

Originally Posted by BENT_8

Yep, fairly predictable arent i, as predictable as you are in defending them.
Not surprising though, you guys think they're the be all, end all and i dont.

Regardless of what you think im entitled to an opinion, thats what forums are about.

I cant see how i confirmed what he said, at that time top end cars were fetching upwards of 500k, we'll see what happens in the next 12 months.

12-18 months ago people were seeing 80-100k for replicas, today AMCS has pages of replicas for sub 60k with most mint low milage genuine articles sitting un sold at around 100-120k, even less if you prefer the better looking XW.
The same trend that saw these replicas hit those figures has seen them come crashing back to earth.

Well if they're so cheap now why not buy one, it's win/win, you get a classic and save money on tissues and we no longer hear about it.

[irish2]

Originally Posted by Falcon Coupe

Well if they're so cheap now why not buy one, it's win/win, you get a classic and save money on tissues and we no longer hear about it.

He already said muscle cars are a pointless buy. I would like to see what new car puts that smile on your face like an old muscle car. For the record I am 24 and have had an interest in muscle cars since my teens. Lots of my friends do too. If I had the money I would buy an XY GT today! If I wanted to invest I would go with the ASX 200.

[Pinkbits]

Originally Posted by irish2

He already said muscle cars are a pointless buy. I would like to see what new car puts that smile on your face like an old muscle car.

My wifes new T3, nearly as good as driving the coupe!

[GT0132]

Originally Posted by irish2

If I had the money I would buy an XY GT today! If I wanted to invest I would go with the ASX 200.

For a 24 yo you make a lot of sense...Contender for Rudd or Turnbulls job in years to come

[Auslandau]

Originally Posted by Pinkbits

My wifes new T3, nearly as good as driving the coupe!

Nearly ...... and you told me it was yours?

Originally Posted by irish2

He already said muscle cars are a pointless buy. I would like to see what new car puts that smile on your face like an old muscle car. For the record I am 24 and have had an interest in muscle cars since my teens. Lots of my friends do too. If I had the money I would buy an XY GT today! If I wanted to invest I would go with the ASX 200.

Skip the XY and go straight to the XA or B. Better bang for you bucks and a whole lotta fun!!!



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[Falcon Coupe]

Ok, lets get back to the topic or another one will bite the dust.

[BENT_8]

Originally Posted by xy500

BS, you keep sooking on about how you missed out on a ho, and how you want some pooey monaro. You started the thread dont have another bloody cry just because we don't all agree with you, its the FORD forums ffs!

I've never missed out on a HO, never even looked at buying one.
I have owned a Monaro and i didnt start the thread...lol

[metalmania]

Originally Posted by MO

@metalmania,I think it was but I'm not 100% sure.

yeah track red , sold for $820,000 last year

[MO]

Originally Posted by metalmania

yeah track red , sold for $820,000 last year

Yep thats it the price rang the bell.

[schnoods]

Ok heres another point of view.

Now possibly a majorty of these cars are being bought and traded by baby boomers, generally people with more money nowadays that had to miss out previously or enthusiast that enjoy vehicles that age so gracefully.

Now it might seem left of field, but i do think the age demograph has something to do with it too. Have you seen the price of a new caravan? Since more and more "experienced" people are doing things they enjoy, generally everything goes up in price too. I wouldnt believe it until i went caravan shopping with my brother in law (he works away on a gas project) and couldnt believe it.

just my 2c...

[irish2]

Originally Posted by schnoods

Ok heres another point of view.

Now possibly a majorty of these cars are being bought and traded by baby boomers, generally people with more money nowadays that had to miss out previously or enthusiast that enjoy vehicles that age so gracefully.

Now it might seem left of field, but i do think the age demograph has something to do with it too. Have you seen the price of a new caravan? Since more and more "experienced" people are doing things they enjoy, generally everything goes up in price too. I wouldnt believe it until i went caravan shopping with my brother in law (he works away on a gas project) and couldnt believe it.

just my 2c...

Baby boomers would generally be the base demographic for muscle cars. They have worked for a great number of years and are now looking for ways of channelling disposable income. I own a muscle car because I am a tradesman and work many hours. Lots of my friends want to own muscle cars but because of their university starting salaries, (40-50k) they generally buy second hand commodores.

Caravan prices are not driven the same way as muscle car prices. Caravans cost much more now because people basically want a home on wheels. Big TV's, fridges, ovens, and big beds to name a few. I occasionally do gas work in caravans and that work does not come cheap. The cost for a van is the cost for the materials, wages, and a profit margin.

[irish2]

Originally Posted by auslandau

Skip the XY and go straight to the XA or B. Better bang for you bucks and a whole lotta fun!!!

I love the coupes but have always been a big fan of the XY stance.

[4Vman]

Im not sure you can pigeon hole musclecar owners into just the baby-boomer demographic....
The 35-45 age group have probably bee the most agressive and active group in recent years for interest and purchases.

[pottery beige]

Originally Posted by metalmania

yeah track red , sold for $820,000 last year

WTF.. That's alot of coin for an old falcon.. I'd rather grab a BIG shed full off all sort's.. Than just the ONE CAR!!

[Auslandau]

Originally Posted by pottery beige

WTF.. That's alot of coin for an old falcon.. I'd rather grab a BIG shed full off all sort's.. Than just the ONE CAR!!

Dont forget though ... the person who bought this car may have one of everything and wanted this as a pice of a collection



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[Bad Bird]

I know quite a few people in the 18-30 year age bracket that are really getting into the old cars, indeed I think their popularity in this bracket just keeps on increasing.

My only evidence is anecdotal, but it was an interesting observation (to me) at least.

[MO]

Originally Posted by auslandau

Dont forget though ... the person who bought this car may have one of everything and wanted this as a pice of a collection

Exactly,this bloke does have a fair size collection of cars of all makes and models. If my memory is good I think he has something like three sheds to house his collection.

[Lane351]

The Xy is past its used by date bring on the the Xa's

[302 XC]

its not only muscle cars pulling big money,???anyone read about the stocko 1969 HK KINGSWOOD (4 door)that just sold at SHANNONS for $17,000 ????
SIGN OF THE TIMES GOOD CARS COMMAND GOOD MONEY END OF STORY
as for ho selling for $820,000 well if it was mine no matter what the attachment THATS A LOTTA DOSH
I KNOW WE ALL SAY THAT "WONT SELL THAT, KEEP THAT FOREVER ECT ECT",but sometimes things out of our control force us to (IE if you needed money for heart surgery ,lung transplant ect)it has happened to all of us over time (selling our prized possesion), i will not be the first and i certainly wont be last to shed a tear seeing someone else enjoying my BLOOD SWEAT AND TEARS
cars like the PHASE 3 will always comand big money,as there is not many left and every so often theres one less left (wats the last one gunna be worth)