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R34 Gtt - How Well Will It Hold Its Value?

Lithius
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Lithius Community Regular

Lithius

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Posted

Hey just curious if anyone has any idea on how the value of R34 GTTs will hold up over time (Perhaps based on the price trends of R33s) Nowdays a clean 1998 turbo 2 door example is worth what? $25,000? It seems everyone is having trouble selling them, so they're dropping in value fairly quick i assume. Does anyone have any idea what fairly commonly modified R34 (say exhaust, pfc, intercooler, boost controller etc) would be worth in 3-4 years? I'm just trying to gauge how much I should be offering for one nowdays, and how much I can expect to lose through depreciation. I swear just 6 months ago they were selling for $35,000+

Just an example.

Bink1970's white R34 with a decent amount of mods I think sold for around $26,000-28,000

Coupe-This Grand Master

Coupe-This

Posted
Posted

well think of it this way, atm r34's are only expensive because of the lesser amount in the country, just wait until they do what they did with the r33 and import too many of them, value will drop alot ...

its like any car tho, u dont buy it to get agood resale value, dont worry about what your car will be worth in a few years, buy it, enjoy it ... sell it

Nav2k Community Regular

Nav2k

Posted
Posted

im thinking around 18 to 20k or so in 4 years time.

they weren't 10g's more 6 months ago though:P but around 3 years ago they were around the 30 to 35g mark i think.

basically cars depreciate a lot, if ur concerned about resale values..mercedes and stuff is where its at. having said that, theyre always gonna be more than r33's etc. and it'll seem to settle like s15's have just 5k over s14s, etc.

JUNR34 Community Regular

JUNR34

Posted
Posted

Now days its harder to sell any turbocharged cars not just the GTT due how much fuels cost now days. One thing for sure fuel prices are just going to keep rising thats why people buy economical cars. If you want a R34 get it mate dont worry about how much you're going to sell it for in the future. Trust me you wouldnt be dissappointed if you get one.

Mr Italy! Proficient

Mr Italy!

Posted
Posted

At the current rate the AUS government is reducing import tariffs from 10% to 5% in 2010 (i think). I'm assuming the import tariffs apply to used vehicles, so i guess your cars gonna lose 5% value as soon as 2010 ticks over.

I guess one of the importers could verify that... i just did an essay on the automotive industry but i dunno if the tariffs apply to both new cars and used imports....

satanic Grand Master

satanic

Posted
Posted

I think you guys are forgetting the fact that the R34s were not in production for a very long time and they were the last of the Skyline family...

These two facts alone should add retention value to the car.

Lithius Community Regular

Lithius

Posted
  • Author
Posted

Yeah, I guess I am just getting cold feet about spending that sort of money on something I know is gonna depreciate. I'm sure it'll be a fun car to drive, and it's what I really have my heart set on so I should probably just get over it and buy one heh.

IOWNU Grand Master

IOWNU

Posted
Posted
im thinking around 18 to 20k or so in 4 years time.

they weren't 10g's more 6 months ago though:P but around 3 years ago they were around the 30 to 35g mark i think.

18-20k in 4 years time sounds realistic.

But 3 years ago they were going for at least 40k+, I remember because I was in the market for an R34 back then.

Nowadays you can get them for as low as 25k and the most people are willing to pay is around 32-33k.

The good thing about them is that they were produced in less volume than r33s so will hold their value well....and they aren't cheap enough in Japan for importers to "mass market" yet.

r34_skyline Proficient

r34_skyline

Posted
Posted (edited)
The good thing about them is that they were produced in less volume than r33s so will hold their value well....and they aren't cheap enough in Japan for importers to "mass market" yet.

it will never be mass marketed, theres simply not enough of them to do so. plus world demand for 2nd hand R34 is increasing as we speak.

Edited by r34_skyline
ellie Proficient

ellie

Posted
Posted

What I want to know is, why are S13's with SR20's selling for no less than $15,000 and an R32 skyline in good nick with a superior design can be had for around $8-10,000?

As far as I can see, It's because it's getting much harder to find a good example of an S13 but does that mean that as more and more skylines become drift hacks that a well kept example will shoot up as well?

Personally, I think not!

Dingo Collaborator

Dingo

Posted
Posted

I dont see how the R34 can be called the last of the skyline family considering the G35 Skyline

Infiniti-G35-Coupe-010.jpg

and the newer concept due for release soon

Nissan_GTR_Concept_exrrdrvr34.jpg

The R34 GTT will drop in value yes, but dont worry about te re-sale value of the car, buy it enjoy it.

siddr20 Grand Master

siddr20

Posted
Posted

^^^ 34s were the last of the TRUE skylines!!!!!!

The word-- TRUE is to be noted..

But on the other hand, what you think the prices for s2 33s wil be in 1-3 years time.. Considering that the car is kept in excellent condition with minor mods here and there??

My thoughts would be 15-17k at max most likely which is reasonable considering atm we are paying about 18k. But i wouldnt be expecting to make any money back on mods, unless you strip it back to stock.

As far as 34s go, im sure there prices will drop a little, to about 20k mark in 2 years time for a gd gtt example.

But as ppl are saying, buy the car and enjoy it.

But just the other day i was speaking to some dude, who didnt know much about skylines, and was another car fan. He made a point saying that even though i dont know much about skylines, he is willing to pay about 20-21k for a clean r33 s2 with some mods etc etc.

So there are ppl out there who are willing to pay extra..

So when it comes time to sell, i guess you gotta be patient and just sit for a while. Guess its with any car!!

r34_skyline Proficient

r34_skyline

Posted
Posted
How come there isn't as many R34 as 33? R33 were from 1993-1997 and R34 from 1998-2001 right? So 4 and 3 years of production, shouldn't be that big a difference in the amount made?

r33- mid 1993 to mid 1998

r34- August 1998 to mid 2001

Not many ppl brought R34s compared to R33s.

Only clueless ppl would pay 21grand for a S2 33. the smart ones search and wait.

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