Whats will it be worth

[Angeldust]

I had a VT but regretted buying it about 5 min after I picked it up. Not sure why, just didn't connect with it from a drivers perspective.

Coming from my VR the VT felt heavy to drive and the rounder commodores have never really taken my fancy.

They were a good unit, just not my cup of tea.

funny that, i went the same, but thought the vx ss 100x better then my old VR SS

[Angeldust]

r32 gtr's will be desirable, especially aus delivered ones.

[VXSS346]

Anyone thinking of buying/keeping cars with the intention of making money is delusional. Buy a car that you can afford to enjoy & maybe you get lucky down the track, otherwise you'll be left with something worth bugger all that you never even got to properly enjoy.

Good advice and very true.

However, looking at it the other way, if you're happy with your 12 year old commodore, its well kept, and are willing to fix up things as they get older and have absolutely no interest in a newer car, then you'd be even more stupid to sell it.

It will be cheaper in the long run too, as mentioned before, due to the bottoming out on resale value.
You don't necessarily make money, but you lose less money.

I too am in this category. No desire to sell. Classic car or not, I don't care.

[josh17]

cheers for the advice.
It does not owe me anything, is in top nik, low k's. it just sits there. I now live in a different town and is not needed as a daily driver / toy. I could get better use out of something else ( old 4wd ). I am just worried that if i sell it i will be kicking myself, due it it's condition and having under 100k's on the clock.
AHHHHH

[seedyrom]

Sorry mate, its not a keeper.
"Under 100,000kms" by 2,000 kms. That means you are trying to protect you investment, by not driving it. Don't know what rego is like in WA, but here in NSW, to keep it registered you need a yearly inspection, and CTP .... plus, if it's an investment, you need insurance on it. All that costs bulk dollars each year. Add that to your cost forecasting. Unless you are going to pull rego off it, and have it unregistered, sitting in a garage somewhere. This will then allow it to rot from lack of use. And at the end of the day, it's a VT, with no race heritage.
No one likes hearing the truth when it hurts ... but unless there is something remarkable about the car, it is seriously going to struggle to sell.

You need a good investment *cough*http://www.ls1.com.au/forum/showthre...dney-7-000-ono*cough*

[Marco]

To me it seems like every old Holden model eventually becomes collectible/valuable, it just takes a while. The HQ-Z cars seem to be coming into this sweet spot now (buy a nice one now and profit?) and give it a few years we'll see the same happen to VB-VL Commodores. (Unfortunately it takes about 40 years for this to start happening!)

V8 models etc will always be worth more. Especially if the replacement for the Commodore come 2018 is FWD - then watch the old stuff take off.

[seedyrom]

I think the govt/road bodies/police are doing a fantastic job of ensuring that the next generation wont be interested in cars.

[Drewie]

Good advice and very true.

However, looking at it the other way, if you're happy with your 12 year old commodore, its well kept, and are willing to fix up things as they get older and have absolutely no interest in a newer car, then you'd be even more stupid to sell it.

It will be cheaper in the long run too, as mentioned before, due to the bottoming out on resale value.
You don't necessarily make money, but you lose less money.

I too am in this category. No desire to sell. Classic car or not, I don't care.

Same here, I have had my VX SS from new, 76,000km on the clock and still like new, for what I would get for it I prefer to just keep it. As it gets older you start to see less and less of them.

[super coach]

I love the old cars, as there is that racing heritage or because it was a model that shaped the motor industry in Australia. I currently have two S Paks both in mint showroom condition, thanks to my grandad. A 91VN and a 95 VS, I don’t keep them to make money I keep them cos I truly like them and hope maybe one day they will be loved by all.
In saying that I have the last of the new Generation Monaro’s and hope to get a Series II Monaro as well in the next few weeks. I like how they drive and how they look, I guess most people like the look of them which makes them desirable, but you don’t need the top of the range car of that model to make it a classic or the one everyone wants. Sometimes the ones that are overlooked turn out to be the real stars.
My wish list of cars along with the ones I already own would be 1953 FJ Special Sedan, 1969 HT GTS Monaro, 1970 VF Valiant Hardtop, 1971 LC Torana S.

[RARASV8]

as has been pointed out, EVERY CAR WILL BE COLLECTIBLE if kept long enuff!
around my area alot of the ford boys are cleaning up XA B C Falcons 6 cyl and V8's and a few are doing HQ J X Z's
who would have thought a HQ would be desireable? how many did they make?

Garry

[Jag530G]

r32 gtr's will be desirable, especially aus delivered ones.

Yes, and early WRX's that haven't been abused if there are any that is. Of the more mainstream cars (not Group A's) I would tip VL Calais Turbo or V8 as a standout, unique front, looks good. The Monaro will be but in about 20 years time. I just renewed my insurance on my Monaro 2002 series 1 and Just Cars gave me agreed value of $18,900 and Shannons would only offer $15,000 becasue of the 350,000kms I've done.

Cheers, Matthew

[VYBerlinaV8]

There are 2 separate concepts here: collectibility and value.

An important concept to consider is opportunity cost. Whatever money is sunk into buying and maintaining a car could have been invested. For example, if you bought an immaculate car for $20k, then spent $2k per year for 10 years on servicing, tyres, insurance, rego, petrol, etc, then in that time you have spent $40k. Because of the time value of money, you will have actually spent more like $50k in future dollars, and that doesn't include increases in your holding costs. If you had taken your $20k and invested in a balanced managed shares fund returning 8%, then you added the $2k each year, you would have $75k. So, can you pick a car that costs $20k now that in 10 years will be worth more than $75k? What about if we take a longer time period? Using the same numbers over 20 years instead of 10, your boring old managed fund would be worth $198k. After 25 years it would be worth $307k.

Collecting cars is not a viable investment in my opinion. Collecting cars is about having something you love - just don't do the numbers to see how much it has really cost you!

[josh17]

Everyone has put forward some really good comments.
Stepping aside, foget my original start to this topic. Forget about cars going up in value. forget about invesments.
What does everyone think of the VTII SS.

[VYBerlinaV8]

Everyone has put forward some really good comments.
Stepping aside, foget my original start to this topic. Forget about cars going up in value. forget about invesments.
What does everyone think of the VTII SS.

I think the same of the VT2 SS that I do of every other SS - a great, fun to drive performance sedan at a good price.

[Xjas]

Cars are a bad investment period, if you have a low kays VT SS that is worth (unfortunately) next to nothing but too good to let go of, cancel the rego, strip the car of anything that adds weight but doesnt make it go, turn or stop, add some horespower, slick tyres, brakes and maybe a cage, and turn it into a track day warrior, thrash it till its dead, it will still be worth nothing in the end but you would get a ton of fun out of it that way.