Will Monaro's go up in Value?

[JC074]

Will Monaro's Go Up in Value if they stop production in 2006?

Is the obvious answer Yes?

Your thoughts?

JC

[Old Kiwi]

They'll depreciate for about 10 years, level out and then go up slowly. (if petrol is still available :lol: )

Ferrari F40's started going up in value couple years back, and they're coming up to 20 years old!!! (still not upto there new price though)

[Tez82]

off course not mate, there tooo many monaro's on the road for that. It would be different if there was a limited number ie 10... but you ever heard of you average sport cars going up in value ::P:

[OLS108]

off course not mate, there tooo many monaro's on the road for that. It would be different if there was a limited number ie 10... but you ever heard of you average sport cars going up in value ::P:
You make a good Point

[Marco]

They're not likely to go up in value in the short to medium term, but there may be less discounting on the last available new ones.

They're a beautiful car, but they're not really all that rare. In 20 years it might be different.

[MonaroCV8]

I hope they go up in value but I don't think so. It might slow their depreciation a little.

[Nobby]

10-15 years maybe, wait for the numbers to be whittled down by careless driving and old age before they become truely valuable and sort after.

[flappist]

10 to 15 years is the age of a VL turbo.....
The really collectable (read silly priced) Monaros are the HK-HQ (I used to own an orange HG GTS and sold it for $500 :bawl: ). These are almost 40 years old.

I remember seeing Phase 3 GTHOs for sale in the late 70s for $3500. At the time my damn fine superfast HK 161 with power drum brakes cost me $850.

[VRIIClubby]

be at least 30+ years before that happens and thats if they NEVER make another one in the next coupl of years..

[OzJavelin]

off course not mate, there tooo many monaro's on the road for that. It would be different if there was a limited number ie 10... but you ever heard of you average sport cars going up in value ::P:
I tend to disagree. I have always owned "rare" cars (in Australia):
* '68 Impala SS fastback
* '68 Pontiac Safari wagon .. factory RHD
* '69 Phoenix .. one of 400 factory RHD
* '70 Plymouth Fury convertible .. one of 1952 .. last year of C-body mopar convertibles .. probably only one in Australia
* '69 AMC Javelin .. one of about 40 factory RHD

None of these "rare" cars are "expensive". Most people don't want them as older cars. The more expensive, older cars tend to be the popular cars .. people like a winner; eg. Mustang, Falcon GT, Charger, etc .. lots made but high profile.

IMHO I believe Monaro prices will drop for maybe 10-15 years then go up and stay up. They don't have the racing heritage of their older brothers, but they will probably be the last of the "big-bangers". I hope to add one to my collection eventually :)

[NickS]

I hope they go up in value but I don't think so. It might slow their depreciation a little.
I agree ... I would be more than happy if they just held their value better than the usual Holden / HSV, not sure we can expect much more than that in the short / medium term. But then again, who ever thought of their car as an investment !!

[One tonner]

I think the only Monaro’s that will be worth any real money will be limited edition cars such as HSV Coups and alike.
These cars will have to be in mint condition, “original” unmodified and low mileage.
For example I know of two Monaro’s that have been sold recently one was owned by Lindsey Fox a HK 186s GTS sold for 35K. The other was a HG 81837 350 GTS that sold for 86K. Both cars had very low mileage and were in original condition.
A lot of people think that just because a car is old and in good condition its worth something.
In reality is only worth what someone is willing to pay. So it has to be special in the first place
So a run of the mill modern Monaro with 200.000ks on the clock in twenty years may be worth some thing but not much.
But as time goes by and there is less and less around who knows.
Try finding a HK Monaro in half decent condition now for under 10K.
Makes me sick to think I sold HK 81837 327 GTS twelve years ago for 10 grand. :doh:
So go out and buy a limited edition coup don’t drive it or even fit a number plate, leave all the pre delivery stickers and protective tape on it. Stick it in the shed for forty years on blocks then crack her out and sell it. What a waste of a car.

[kryten2001]

I think the only Monaro’s that will be worth any real money will be limited edition cars such as HSV Coups and alike.
These cars will have to be in mint condition, “original” unmodified and low mileage.
For example I know of two Monaro’s that have been sold recently one was owned by Lindsey Fox a HK 186s GTS sold for 35K. The other was a HG 81837 350 GTS that sold for 86K. Both cars had very low mileage and were in original condition.
A lot of people think that just because a car is old and in good condition its worth something.
In reality is only worth what someone is willing to pay. So it has to be special in the first place
So a run of the mill modern Monaro with 200.000ks on the clock in twenty years may be worth some thing but not much.
But as time goes by and there is less and less around who knows.
Try finding a HK Monaro in half decent condition now for under 10K.
Makes me sick to think I sold HK 81837 327 GTS twelve years ago for 10 grand. :doh:
So go out and buy a limited edition coup don’t drive it or even fit a number plate, leave all the pre delivery stickers and protective tape on it. Stick it in the shed for forty years on blocks then crack her out and sell it. What a waste of a car.

Damn, mines up to 245ks in 3 months.....

Still have the stickers and predelivery bumf on it though.

[Dacious]

Like always - the cars worth the most will be:

1. Original paaperwork intact
2. No major damage
3. No major or irreversible mods
4. Low mileage
5. Have original parts, memorabilia and accessories
6. Rarer, higher perfromance versions like the HSV GTS will be worth the most - whether 10% more or 50% more is the question.

That is true for any collectible car.

I believe it won't take ten years for the price to be back where it was for a new car. A new Monaro if there is one then will still cost a heap more. Good HQ SS 4 doors only took ten years to get back to new price - and they were Belmonts with a 253 and fancy wheels and paint. While there's more cars about, there's also more buyers today with more disposable income. And unlike the old H-series cars these ones won't rust out in short order - in fact they appear to be living pretty well, judging by the S1s I see.

The ones that get racerised, riced-out, stolen/stripped, pranged and run into the ground will thin out the herd PDQ.

[LX346]

I remember seeing Phase 3 GTHOs for sale in the late 70s for $3500. At the time my damn fine superfast HK 161 with power drum brakes cost me $850.

Maybe a GT back then but the HO's never dropped value, they were RARE when new and there value may have depreciated for 2-3 years but not for much, they were worth more 5 years later then when new.

[Pickles]

CV8 has always been limited build. Too many to be classed as a "collectable", at present anyway, but in the future, you never know. Even an ordinary hk-hg 6 cyl. Monaro (and there were plenty of them) in good original condition is now worth far more than an equivalent sedan. And of course if a VE Monaro is eventually produced (which I doubt), then that would have a bearing on things as well. But my own opinion is that a good original low mileage monaro CV8 will hold its value well. They are even now, doing far better than HSVs, & sedans, of the same year. If there are no more Monaros built, over time numbers of good CV8s will decline, through normal use & "attrition". So I can see a GOOD CV8 holding its value pretty well for the time being, & not depreciating at the same rate as "ordinary" cars. Cheers, Pickles.