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#1 | ||
Next up?
Join Date: Jul 2013
Location: Melbourne
Posts: 482
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Hello everyone, I just wanted to start this thread off by asking do you think GTF prices will ever drop in the foreseeable future? Like let's say a GTF that's been driven everyday and has a fair amount of KM's on it - will we see price drops? Or do you think they will always stay above the 100k price point. Will the GTF become rare? Or will it end up being like the BF GT special editions that never really took off in pricing.
Also, would or have any of you payed over 100k for a GTF?
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#2 | ||
Miami Pilot
![]() Join Date: Jan 2005
Location: ACT
Posts: 21,704
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The GTF can't become rare - it already is rare being a limited number of 500 in Oz, 50 in NZ, so it can only become rarer by attrition.
Prices of new/near new are likely to stay up around $100k, at least for the foreseeable future, and in 2 or 3 years time, once any that are leased come off lease, you may find a few with 60,000km for sale, but I reckon they wold be snapped up pretty quickly, since by then the falcon will have stopped production. I don't think the FGX XR8 will have any impact on GTF prices, since they are different cars, despite nearly shared mechanicals. The GTF was $77990 RRP plus on roads, so around $85k in most states. Most GTF buyers paid around that, with a few of the later ones going for $100k+.
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#3 | |||
Next up?
Join Date: Jul 2013
Location: Melbourne
Posts: 482
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Quote:
Do you think once all the hype wears off, and the talking point goes away for the GTF the same people posting them on the net for 100k will come to their senses, realise not many are going to pay that much and lower the prices for them?
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#4 | ||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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All depends on what will replace it.
GTF being the last ever made Aussie GT ( falcon ) will always be a sentimental favourite so it will be a very long time before it diminishes as a collectable. Cobra and GT 40th were a bit different because the hype was sustained briefly until the next model GT release. In the case of the GTF , it will depend on the uptake of the Mustang and how it compares for some buyers as a "replacement" There is a lot to consider with many options for mustang coming our way, so it will eventually sway most. Judging by the qty of FPV cars in general on carsales etc , there is a downward trend in the number available as time goes by , so the prices for some of these cars will stabilise over time as there are less examples to negotiate on price on. Just replaced the batteries in my crystal ball - so I reckon...... GTF - mid to high 70k over next 5 years FG Boss 335 - mid to high 30's over next 5 years FG 5.4 - low to mid 20's over next 5 years BF - mid to high teens over next 5 years BA - we may see bad examples below 10k over next 5 years. BF Cobras and GT 40th - anywhere from mid 20's to mid 30k for the nostalgia tragics. |
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#5 | |||
Next up?
Join Date: Jul 2013
Location: Melbourne
Posts: 482
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Quote:
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#6 | |||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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Quote:
GTP and R spec will still command more than that depending on mileage and condition and colour of course. |
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#7 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Posts: 2,276
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Quote:
As petrol gets dearer and petrol engines start to get phased out I can't see them gaining much value, far to easy to replicate too which probably wont help. I'd never spend GTF money on a plastic Ford while you can still buy mint 60-70's GT's for less money though. In a perfect world I'd have a 335 in one of them instead.
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#8 | |||
FF.Com.Au Hardcore
Join Date: Jun 2005
Posts: 5,193
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Quote:
but agree for high km roughies with questionable history that have been f....d with by adding superchargerss, ruined the interior, added aftermarket wheels exhaust, crashed, replaced engines, BF upgrades on BAs, altexzzas, smoked lights, shakers, etc etc.... Good original cars with hold value and probably start to go up soon... Not a GT, but, show me a good low km, original untouched manual BA Typhoon. In 5 years such a car will be almost non existent and my guess they will command a premium price. |
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#9 | |||
FF.Com.Au Hardcore
Join Date: Jun 2009
Posts: 18,991
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Quote:
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#10 | ||
Clevo Mafia Inc.
![]() Join Date: Dec 2004
Location: Melbourne
Posts: 10,496
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Hard to compare them to previous models as they are the last of their kind, never to be superseded by a newer model. They are the end of the family tree something none of the other limited editions will ever be.
No one knows how this will effect resale, only time and the market will tell. |
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#11 | ||
as in chopped
Join Date: Jun 2007
Posts: 1,991
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Forseeable future they will drop gradually.
Past that, you'll have to ask Gen Ys when they in their mid to late 40s. They'll be the ones buying them and determining the value.
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#12 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 22,938
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They will drop. Plenty of them are lease cars for company directors who will do some kms.
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#13 | |||
FF.Com.Au Hardcore
Join Date: Oct 2006
Posts: 1,440
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Quote:
I thought the market spoke yesterday when the auction GTF stalled at 95k and was passed in, that would be the current high water mark for a manual. The biggest problem for the GTF is there is nothing to underpin its value long term except for the fact it's the last Australian built GT and it has a slightly different tune. I seriously doubt many of the guys that have bought one expect to get their brass back in their life time, let alone make a profit. Cheers Mick Last edited by HO 3; 16-11-2014 at 11:33 PM. |
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#14 | |||
FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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Quote:
The car was a black/black manual with about 50kms for those who weren't aware of it.
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#15 | ||
FF.Com.Au Hardcore
Join Date: Dec 2009
Location: Melbourne
Posts: 1,705
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So many people still don't get there are a heap of these cars that will never be for sale because some people bought them for what they mean to them! I'd be surprised if there were too many people looking at these in anything but an investment in fun.
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#16 | |||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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Quote:
In the meantime - with the current pricing - there's a number of BF GT 40th anni GT's that I'd love to snap up if I had the coin. Beautiful cars at reasonable prices finally. |
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#17 | |||
Donating Member
![]() Join Date: Jan 2005
Posts: 5,572
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Quote:
Hope you do get the chance to own one! They are an awesome piece of machinery and won't drive terribly like the GT's of yesteryear (see the top speed run and Bowe about the old GT they took up, stepped across a lane and a half without warning!)
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#18 | ||
Member
Join Date: Aug 2006
Posts: 4,940
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I don't see what's wrong with this thread, GTF resale is an interesting topic- there was much speculation earlier in the year about their potential value both short and long term, now that there are a few floating around it'll be interesting to see how they fare. No need for memes to be posted.
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#19 | |||
N/A BOSS 390+
Join Date: Jan 2005
Posts: 3,648
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Quote:
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#20 | |||
Donating Member
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Quote:
And I've driven those old cars and I tell you they are better suited to live on the wall of my place as a poster or model car. I did not enjoy my experience and it broke my heart as I always dreamt of owing such a car. Truth be told, sometimes the fantasy is better than the real thing. So people like you will keep the old GT prices high and people like me will keep the demand up for newer GT's. There is always a lot of negativity around modern GT's (and I'm not saying you're subscribing to it) but it gets tiring. Should no manufacturer build any car they did in the past cause they will never be what the old car was? Falcon nameplate should have retired in the 80's when it was dominating cause ever since then (bar EF) they have lost ground.
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#21 | |||
FF.Com.Au Hardcore
Join Date: Jun 2009
Posts: 18,991
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Quote:
old stuff says - hey i wanna kill ya Last edited by pottery beige; 17-11-2014 at 11:23 PM. |
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#22 | |||
FF.Com.Au Hardcore
Join Date: Mar 2008
Location: Melbourne
Posts: 10,840
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Quote:
Just curious. |
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#23 | ||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
Posts: 2,103
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The real question is how long will the "investors" be prepared to sit on a car which has cost them $75-80k plus the interest bill per year. It is all well and good to be asking $100-140k, but the car is only worth what a buyer is prepared to pay. This has all the makings of ending in tears. I could put $80k into the stock market and make 25% pa.
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#24 | |||
FF.Com.Au Hardcore
Join Date: Oct 2006
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Cheers Mick |
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#25 | ||
FF.Com.Au Hardcore
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#26 | ||
FF.Com.Au Hardcore
Join Date: May 2010
Posts: 3,339
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The price will always be high for these cars, as the owners will want a high price when selling. You will not see 1 under 100k in the near future IMO.
Also two GTF that I know of have been written off in car accidents so far. |
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#27 | ||
Supercharged Mang-mobile
Join Date: Jul 2005
Location: Behind the wheel
Posts: 1,792
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Not sure on price but I noticed last night on a random look through Byrne Ford Chermside they have one new GT-F sitting in the show room.
Not sure of the colour name off the top of my head but it was black.
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#28 | |||
Donating Member
![]() Join Date: Jan 2005
Posts: 5,572
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Quote:
My point is simple. The thread will become (and has to an extent) about why the GTF isn't as good as GT's of yesteryear rather than the price of the car. Sure a comparison makes sense to assess probable value but the statements never end there. There will always be the extra little jibe at the GTF (and modern GT's). The question was about the price of the car. Not what punters would rather buy.
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#29 | ||
FF.Com.Au Hardcore
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#30 | ||
Miami Pilot
![]() Join Date: Jan 2005
Location: ACT
Posts: 21,704
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Not pointless - the answer is just obvious, so doesn't need an answer. An FG XR6 (just ask responsef6) would give a "per factory spec" HO a good run for it's money, at a fraction of the price. It's not about what car drives better or even how they drive, so what's the point of any comparison with a mechanical dinosaur; admittedly, a very sought after car, and for good reason - but the reason is more to do with race pedigree and the connection to the past than the way it drives now.
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The Hammer: FG GTE | 376rwkw | 1/4 mile 11.793 @ 119.75mph 1.733 60' (4408lb) 1 of 60 FG MK1 335 GTEs (1 of 118 FG Mk 1 & 2 335 GTEs). Mods: Tune, HSD/ShockWorks, black GT335 19” staggered replicas with 245 & 275/35/19 Michelin Pilot sport 5s Daily: BF2 Fairmont Ghia I6 ZF, machine face GT335 19” staggered Replicas with 245s and 275s, Bilsteins & Kings FPV 335 build stats: <click here> Ford Performance Club ACT |
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