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The Pub For General Automotive Related Talk |
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#1 | ||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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I have been offered a 2003 BA XR6 Turbo for $14,000. The reason its so cheap is the lease on it is nearly up and this bloke wants a BFII.
First of all, how do i get the cash together, and can i drive it? im on my 2nd year of P-plates here in Vic. Pro's Its an XR6 turbo.. Will pull in the chicks i can sell it for 30k, pay off the loan i got to buy it in the first place and have some to spend or buy an NA XR6. its an XR6 Turbo Cons. i dont think i can drive it yet insurance costs hard getting a loan but mum has agreed to go guarantor Risk The real question is Should i do it? and would you do the same?
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EF XR8 - Koni's - Cam and Headwork -3.9s - Ex VIC TMU - 1982 Nissan Patrol - 460 ci Big Block soon - Semi Gloss Black - Dark Tint - 4x 6" Infinity Kappa Perfect Splits - 5" Kappa 2 ways - Kappa 6x9's - 2x12" Kappa perfect subs - 2x4 Channel and 2x Mono Kappa amps- |
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#2 | ||
Regular Member
Join Date: Feb 2005
Posts: 82
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You won't be allowed to drive it in Vic mate, and if you sold it, it would only pull low $20ks but it still isn't a bad profit
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11.79 @120 mph, not bad for a tradesmans ute! |
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#3 | ||
Critical Thinker
Join Date: Jan 2005
Location: Adelaide
Posts: 20,322
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get a racv check done on it first mate. Then work out whether its worth it.
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"the greatest trick the devil pulled, is convincing the world he doesn't exist" 2022 Mazda CX5 GTSP Turbo 2018 Hyundai Santa Fe Highlander 1967 XR FALCON 500 Cars previously owned: 2021 Subaru Outback Sport 2018 Subaru XV-S 2012 Subaru Forester X 2007 Subaru Liberty GT 2001 AU2 75th Anniversary Futura 2001 Subaru GX wagon 1991 EB XR8 1977 XC Fairmont 1990 EA S Pak 1984 XE S Pak 1982 ZJ Fairlane 1983 XE Fairmont 1989 EA Falcon 1984 Datsun Bluebird Wagon 1975 Honda Civic |
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#4 | ||
Regular Member
Join Date: Sep 2006
Posts: 44
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Sounds good, How many Km's, thats the biggest factor affecting price. There are a lot of XR's for sale so it would have to be low km's and remember selling big $$$ cars privately can be hard.
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#5 | |||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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Quote:
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EF XR8 - Koni's - Cam and Headwork -3.9s - Ex VIC TMU - 1982 Nissan Patrol - 460 ci Big Block soon - Semi Gloss Black - Dark Tint - 4x 6" Infinity Kappa Perfect Splits - 5" Kappa 2 ways - Kappa 6x9's - 2x12" Kappa perfect subs - 2x4 Channel and 2x Mono Kappa amps- |
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#6 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Will pull the chicks??? mate, a clean shirt, deodorant, and get the grease from under your finger mails. Then it dont matter what car you are driving.....
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#7 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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Quote:
The average wholesale of a basic 2003 6T auto with 40-50k is a bit over $20k, slightly higher for a manual so he should get a higher trade than $14k. Either it has a zillion kms or he has an ulterior motive but it smells a bit. Be careful. |
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#8 | |||
my other ride is the bus.
Join Date: May 2005
Location: Under a rock.
Posts: 1,367
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smells of **** to me...
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1994 ED Fairmont Ghia (Retired to the shed...) 1999 AU Futura + Lots of Land Rovers Quote:
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#9 | ||
SSuper SSpy
Join Date: Oct 2005
Location: WA
Posts: 607
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yeah, be careful for sure sounds like a deal too good to be true.....if everything is legit i would do it, but make sure its legit
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#10 | ||
Life's a Gas
Join Date: Apr 2005
Location: Sydney
Posts: 2,029
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Get confirmation of the payout from his finance company and make a one cheque payable to them, the other to him for the balance.
Do a REVS check to make sure that only one financier has an interest in the vehicle. And get NRMA/RACQ/whatever to thoroughly check the vehicle. |
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#11 | ||
Moderator
![]() Join Date: Dec 2004
Location: Melbourne
Posts: 1,049
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I bought mine before petrol prices went up and performance car prices went down. 2003 XR6T with a few options cost me mid $30k :( Sounds like a good deal but as the others have said, make sure you get it checked out. How long until your off your P's? If the car is good it might even be worth picking it up and holding onto it if you only have 12 months or less to go or something? Maybe do a few nice little cosmetic mods to it or something while its garaged. Just make usre you resist the temptation to drive it ;)
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#12 | ||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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he has the option of buying it from his company at the end of the lease and said as a favour he will buy it off them and i will pay him the $14,000...
The car is immaculate and has about 55.000k's... and i have till april 14th 2008 and im off my p's so its a while yet...
__________________
EF XR8 - Koni's - Cam and Headwork -3.9s - Ex VIC TMU - 1982 Nissan Patrol - 460 ci Big Block soon - Semi Gloss Black - Dark Tint - 4x 6" Infinity Kappa Perfect Splits - 5" Kappa 2 ways - Kappa 6x9's - 2x12" Kappa perfect subs - 2x4 Channel and 2x Mono Kappa amps- |
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#13 | |||
Life's a Gas
Join Date: Apr 2005
Location: Sydney
Posts: 2,029
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Quote:
If you have to wait a while it would probably be a good idea to sell it, just so there is no temptation to take it on the road.... |
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#14 | ||
Banned
Join Date: Mar 2005
Location: melbourne
Posts: 644
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he should be able to drive it in vic on his p's he's already got his p's so theres no ne of those p plater restrictions when they come in and he can put it in his mums name and go down as 75% driver on insurance so insurance costs sweet f.a. and he can drive it happily.
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#15 | |||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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Quote:
__________________
EF XR8 - Koni's - Cam and Headwork -3.9s - Ex VIC TMU - 1982 Nissan Patrol - 460 ci Big Block soon - Semi Gloss Black - Dark Tint - 4x 6" Infinity Kappa Perfect Splits - 5" Kappa 2 ways - Kappa 6x9's - 2x12" Kappa perfect subs - 2x4 Channel and 2x Mono Kappa amps- |
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#16 | |||
Moderator
![]() Join Date: Dec 2004
Location: Melbourne
Posts: 1,049
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Quote:
How much longer is left on your P's? EDIT: Just saw that you were born in 87 so you still have a couple of years to go on your P's. Damn. Will definately be a worthy pickup though mate. |
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#17 | |||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Quote:
__________________
Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#18 | ||
Back where I belong
Join Date: Jan 2005
Location: Mexico - Victoria
Posts: 947
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Buy it and drive it after removing the turbo badges.....Coppers will leave you along, there is no demerit points for driving the wrong car.
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Regards Craig |
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#19 | |||
Moderator
![]() Join Date: Dec 2004
Location: Melbourne
Posts: 1,049
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Quote:
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#20 | ||
Regular Member
Join Date: Jul 2006
Posts: 62
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I saw a black XR6 Turbo on CarSales.com from Kloster Ford Hamilton (Newcastle) and it looked beautiful in the pics, only $21,000, 86,000kms.
Went in to see it and it had leather seats, premium sound, the whole bit. Only drawback is it was covered, base to apex, in stone chips and scratches. I almost considered forgiving the scratches given it had leather seats which were in perfect condition, but then I noticed rust spots in the sill area between the rear quaterpanels and the bootlid. Car cancer, no way mate. My guess is either you are making this up, or his car has been in a smash and was a repairable write-off or something like that. |
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#21 | |||
PM me if you want
Join Date: Dec 2004
Location: Pk Ranger Modding - QLD 👍
Posts: 7,498
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Quote:
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Owner of first ever car to retrofit BA SSS - the EA2BA Send me a PM if you want to know anything 2010 Ford Ranger PK High Rider (Auto) - 2011 Ford Fiesta (Auto)
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#22 | |||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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Quote:
Read the full story before putting your foot in your mouth.
__________________
EF XR8 - Koni's - Cam and Headwork -3.9s - Ex VIC TMU - 1982 Nissan Patrol - 460 ci Big Block soon - Semi Gloss Black - Dark Tint - 4x 6" Infinity Kappa Perfect Splits - 5" Kappa 2 ways - Kappa 6x9's - 2x12" Kappa perfect subs - 2x4 Channel and 2x Mono Kappa amps- |
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#23 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Sydney
Posts: 1,974
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Quote:
Buy low, sell high.
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1966 Ford Mustang coupe. 347 stroker, PA reverse manual C4, TCE high stall converter, B&M Pro Ratchet, Edelbrock alum heads, Edelbrock intake manifold, MSD ignition, Holley Street HP 750 CFM carb, gilmer drive, wrapped Hooker Super Comp Headers, dual 3" straight through exhaust, Bilstein shocks, custom springs, full poly suspension, American Racing rims, Open Tracker roller spring saddles and shelby drop. Still to go - Holley Sniper EFI with integrated fuel cell. |
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#24 | ||
The Vengeful One
![]() Join Date: Apr 2006
Location: Tazzy
Posts: 12,762
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Easy to answer, YES BUY IT, if its a clean car with resonable ks who wouldnt for that price!!
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#25 | |||
Regular Member
Join Date: Jul 2006
Posts: 62
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Quote:
I did read everything you wrote, but I dont beleive it is the full story. No one knocks 6 to 10+ grand off a car, even for a mate. But if it is legit and theres nothing wrong with it, snatch his hand off. |
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#26 | ||
FF.Com.Au Hardcore
Join Date: Jul 2006
Posts: 760
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I would say this sounds semi reasonable. you would be surprised at some of the good lease arangements you get.
If 14/15k is all that is left on the lease then go for it. just make sure you debadge the turbo part and put it in your mums name. |
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#27 | ||
The Guy You Love To Hate
Join Date: Jan 2005
Location: Vic
Posts: 1,203
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Bummer, youre over the power to weight is about 133/tonne and the limit is 125/tonne.
The cops dont pick on the falcons much, the import guys will cop the brunt of the harrassment, i wouldnt let that stop me from getting a great deal like that. If you dont, let me know so i can pick it up! |
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#28 | ||
Was V6corp
Join Date: Apr 2006
Location: Canberra
Posts: 537
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Mate, if you dont take... Give me his number? :P jk.
go for it ![]()
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Car: 99 AU I Forte Sedan Colour: Blue Engine Mods: K&N Pod in a XR8 Pod Box; Performace fuel pump; 2 1/2" Exhaust Planned Engine Mods: ; Extractors; Tickford CAI; Twin Mufflers; Shift Kit; Hi-Stall; Cam; ECU Flash Bling Mods: Tinted Windows; JVC CD/DVD HU Planned Bling Mods: TS50 Front; High Series bonnet; Rebel Skirts and Rear Bar; SL Springs; Clear Side Indicators; Rear Spolier; Mags |
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#29 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 3,910
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You've got a good mate to give it too you for $14K. My XR8 lease will be up in about 12months with $16K residual. I'll be selling it for as much as I can get to finance the next car. I say take advantage of a great opportunity and buy it!!!
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#30 | ||
Hoon On The Rise
![]() Join Date: Mar 2005
Location: Open Roads with Boost!
Posts: 9,924
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suggest a RACV check mate...
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![]() ![]() FGX-XR8 Manual, BFII E-Gas, '11 GSXR 1000 - Love 'em!
FPV Tickford Club of NSW - www.fpvclub.com |
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