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How much would you pay for this GTR?

druzilla32
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druzilla32 Mentor

druzilla32

Posted
Posted

Hey everyone.

I am currently importing an 89 gtr.

My main goal is to not loose any money when I sell it.

1989

Genuine 118000kms with log books.

timming belt changed etc.

Engine is in great condition.

Exhaust from turbo back

Original panels

apexi pod filters

Adjustable suspension

aftermarket shift knob

Gunmetal grey

r33 gtr wheels

How much would you pay for this car next year?

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https://www.sau.com.au/forums/topic/41001-how-much-would-you-pay-for-this-gtr/
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benm Grand Master

benm

Posted
Posted
How much would you pay for this car next year?
That's very hard to say. Before this year their weren't many/any R32 GTR's under $20k so it's quite hard to workout what the market will be like in 8mths time, i'd say you would be lucky with $17-19k.
lwells Grand Master

lwells

Posted
Posted

Its all about quality. Plenty of clapped out GT-Rs may hit the very low 20s (although I find it hard to believe they will fall substantially into the teens), but I expect quality cars will still be middle to upper 20s, with special examples hitting the 30s.

That's a j-spec car that came through yesterday isn't it? Its a hard way to make money if your not a car dealer so I wouldn't bother doing it unless you actually want the car. That being said, you will probably break even or get close to break even.

LW.

benm Grand Master

benm

Posted
Posted
no way youll buy a 89 gtr for under 20k even in a year. i recon about 20-23. dont forget they are still hard to get now for 25 if your lucky, you may find onr for about that.
So what about the 51 sold (of 91) for <$20k (plus onroad costs) on the www.prestigemotorsport.com.au website of which most have the same (mods) as what 'druzilla' has?
wreckedhead Mentor

wreckedhead

Posted
Posted

i have already seen all the ones sold, but i cant belive your telling me youd buy one of those 89 model gtr's in the condition they are in on the wesite, he should be giving them away for freee. only people who want to get away with saying they own a gtr and not showing it will buy it. sorry dude but you have to admit there all shit for that price.

lwells Grand Master

lwells

Posted
Posted
So what about the 51 sold (of 91) for <$20k (plus onroad costs) on the www.prestigemotorsport.com.au website of which most have the same (mods) as what 'druzilla' has?

Well, for starters, on road costs are substantial. You usually also have to allow for items like car alarms, tires, servicing and maybe a few fixups.

Plus we are talking on the domestic market. Import will always -- well, unless the government does something truely stupid -- be an option, but its rather a big hassle, so I don't expect vast numbers of people to go through the process.

LW.

druzilla32 Mentor

druzilla32

Posted
  • Author
Posted
Its all about quality. Plenty of clapped out GT-Rs may hit the very low 20s (although I find it hard to believe they will fall substantially into the teens), but I expect quality cars will still be middle to upper 20s, with special examples hitting the 30s.

That's a j-spec car that came through yesterday isn't it? Its a hard way to make money if your not a car dealer so I wouldn't bother doing it unless you actually want the car. That being said, you will probably break even or get close to break even.

LW.

yes thats the car..

i thought i would be able to sell it for around 26~27 k? :)

maby importing isnt worth it..

I have already paid J-spec $500 which doesnt get refunded :) :bs!:

benm Grand Master

benm

Posted
Posted
but i cant belive your telling me youd buy one of those 89 model gtr's in the condition they are in on the wesite, he should be giving them away for freee.
The question was "How much do you think it will be worth next year" not "Would you buy an 89GTR from Prestige Motorsport".

Have you seen any pics of druzilla's GTR ?

Have you driven druzillas GTR ?

All we have (in this thread) is a list of modifications to go on which is why I answered 17-19k (everything depreciates, even Porsche's and GTR's ... although slowly). The difference between an average condition GTR and an perfection condition GTR could be $5k.

lwells Grand Master

lwells

Posted
Posted
The difference between an average condition GTR and an perfection condition GTR could be $5k.

I would expect the difference to be more like $5-10k. Good quality cars are hard to find and command a premium. I know for a fact that your are not getting much change out of 1,200,000 Yen for a quality example.

LW.

benm Grand Master

benm

Posted
Posted
I would expect the difference to be more like $5-10k.
Everyone is different... for me their would be 3 categories...

1. "R32 GTR"

2. +5k = "Average R32 GTR"

3. +5k = "Good R32 GTR"

So the #1's are the $20k's, #2's are the $25k's and the #3's are the $30k's (from the Prestige List of 89 models).

Duncan Grand Master

Duncan

Posted
Posted
yes thats the car..

i thought i would be able to sell it for around 26~27 k?  :)

maby importing isnt worth it..

I have already paid J-spec $500 which doesnt get refunded  :)   :bs!:

hang on...you were buying only to import it then sell it to make money....you ask an online forum *after* you pay for it what it would be worth....and then you say its bullsh1t that $500 isn't refundable?

lwells Grand Master

lwells

Posted
Posted
hang on...you were buying only to import it then sell it to make money....you ask an online forum *after* you pay for it what it would be worth....and then you say its bullsh1t that $500 isn't refundable?

^^ I'm with stupid :(

Seriously, you won't be selling that for $27k IMHO. A dealer might be able to manage that since they will provide some warranty, but as a private sale, forget it.

LW.

lwells Grand Master

lwells

Posted
Posted
but then again, what are the 'newer' R32 GTR's worth???  I think you could sell it for mid 20's (as long as it is half decent!)  A GTR, is still a GTR....

Age is basically irrelevant when it comes to the R32 GT-Rs IMHO as nothing basically changed. Again, its all about the quality/condition of a particular example.

LW.

Merli Grand Master

Merli

Posted
Posted
yes thats the car..

i thought i would be able to sell it for around 26~27 k?  :(

maby importing isnt worth it..

I have already paid J-spec $500 which doesnt get refunded  :mad:   :bs!:

:(:D:rant::mad: :mad: :rofl: :rofl:

predator Grand Master

predator

Posted
Posted
yes thats the car..

i thought i would be able to sell it for around 26~27 k?  

maby importing isnt worth it..

If your sole goal is to make money, there is always the risk you'll only get what its worth. And it may take months of stuffing around, buyers wasting your time, blah de ****ing blah. Selling a car is a prick, and every ass wants to "get a deal" and pay less than its worth. And if everybody else knows that you probably got it for like $17-18k they're not going to pay $27k for it when they can import it themselves!

Buyers will buy on condition (and age) and you don't really know that is until it gets here. Could all look good in photos and reports, but the engine could be foobar'ed.. nobody is even going to pay $18k for a GTR with foobar'ed engine unless they've really got grand plans for it. So you just have to wait..

The *only* way it would be worth more, would be if/when the import laws change to restrict 15 year cars. Then as no more can come in you might be able to make a profit.

Maybe you shouldn't be so rash next time....

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