Worth Buying An Old Holden As An Investment?

[amckiwi]

A similar question would be should I invest in a wife
For some its the best investment ever
Others find some or all of the following
Its a growing investment
Upkeep proves more than expected
The investment may be sub prime, it will cost more to get out off than what you have invested
It can get get very messy at trade in or disposal times when estimations of value can be way more than the current market.

Maybe consider leasing or rental options!

They all seem to come with a salary sacrifice but no tax benefit.

[whitels1ss]

A similar question would be should I invest in a wife
For some its the best investment ever
Others find some or all of the following
Its a growing investment
Upkeep proves more than expected
The investment may be sub prime, it will cost more to get out off than what you have invested
It can get get very messy at trade in or disposal times when estimations of value can be way more than the current market.

Maybe consider leasing or rental options!

They all seem to come with a salary sacrifice but no tax benefit.

So true!

[BLACK 346]

Setting nostalgia aside for a second Wonky, when was the last time you drove one of these old shitters? I know we all look at them and think fark I wish I owned one of them, or geez I wish I had not sold my old xxxxx (77 318 4 speed Charger in my case). But in reality, they are slow, uncomfortable, high maintenance dungers with shit brakes and very poor handling. Are you going to go for a drive in your new purchase and straight away wish you were back in your Senator?

[whitels1ss]

Setting nostalgia aside for a second Wonky, when was the last time you drove one of these old shitters? I know we all look at them and think fark I wish I owned one of them, or geez I wish I had not sold my old xxxxx (77 318 4 speed Charger in my case). But in reality, they are slow, uncomfortable, high maintenance dungers with shit brakes and very poor handling. Are you going to go for a drive in your new purchase and straight away wish you were back in your Senator?

Very true Rod.

[BLACK 346]

Very true Rod.

Did you buy that Corvette Ed? lol

Edit: Watching the latest season of Texas Metal at the moment. In Episode 1 they retro mod a 69 Vette, Full custom chassis, LS motor, then slam it on repro 20 inch factory style wheels. It looks magnificent.

[whitels1ss]

Edit: Watching the latest season of Texas Metal at the moment. In Episode 1 they retro mod a 69 Vette, Full custom chassis, LS motor, then slam it on repro 20 inch factory style wheels. It looks magnificent.

Looks cool Rod!

Always liked the side pipes on the old Stingrays!

[Wonky]

Looks cool Rod!

Always liked the side pipes on the old Stingrays!

Must hit on every bump!!! Couldn't tackle many driveways........

[Micks]

aaek.jpg

Reading material for ya Gazza

[duke5700]

My 2c would be a solid no. For two reasons -

It isn't the car you really want, which leads into my second point the on going work and maintenance for cars that don't move a whole lot.

I have a very close friend who inherited the maintenance of 3 old girls. A HD Sedan, HD Wagon and a HR Sedan. The two sedans being trophy winners.. they take a lot of time and effort to keep looking as good as they do.

On another note people forget how much money on insurance, lubcricants and parts they spend over the years. That really eats into long term financial gains.

Buy em if you like em, but I wouldn't speculate.

[whitels1ss]

Registration & insurance on a classic car is not very expensive.
My 1974 C3 Corvette Stingray convertible cost me $174 for 2 years club rego & $201 per year (with multi vehicle policy discount)
for comprehensive, agreed value insurance through Shannons.

[Swordie]

In terms of EH or HR i dont see them as an investment. Buy one if you really like it. There would be other cars with better potential returns.

[Micks]

VB Commies are fetching 30K+ these days amazing!

[C4B]

VB Commies are fetching 30K+ these days amazing!

If you bought one new in the late 70's when the came out you'd have paid more in Rego and insurance over that time. It's great to see cars appreciating in value, but they're still a pretty rubbish investment.

[whitels1ss]

VB Commies are fetching 30K+ these days amazing!

I can't see the value.

[C4B]

I can't see the value.

Are they actually selling for that or just dreamers asking for that?