Will The R32 Gtr Become A Japanese Classic In Years To Come? Or Are There Just Too Many Of Them?

[The Bogan]

I believe the 32 GTR has achieved "classic status", it has achieved cult status as well, and classics don't need to be neat, though a clean unmolested one will be worth more than a thrashed out runner.

I doubt the 33, 34 or 35 will be anything like the 32 as being a classic.

The 32 is the godzilla, the others, although nice cars, are not godzilla, here lies the problem, follow the old classic auctions and for sale rags, usually the older original design cars are the most sort after.

And as for collectible, not many concourse cars around, there is some nice examples around, but I donot think I have ever seen a concourse car, I'm sure there is some hidden away in garages around the world but I haven't seen any.

[eightsixboy]

I think that 32 GTR's in good condition are already at a very high value, considering that I've seen an example that was very very clean and completely stock sell for close to 20k, I'd say there already pretty expensive for what they are.

The biggest problem is, as mentioned already, is there isn't really any concourse condition 32 gtr's around in aus, there prob is of the aus delivered ones but not imports.

I dont think there is a big enough demand for clean 32's yet, but maybe in 10 years or so, you'll prob see mint 32 gtr's selling for the same as 34 gtr's.

[D.I.Y. Mik]

Hmm... lots of opinions and guesses.

Think about it though, ive had bikes that drink fuel like a skyline, and cars that are even worse(kingswood v8).

But by the time they are really worth something there will be very little petrol left.

All collectible cars will just be expensive sculptures.

Reality sux sometimes.

Drive them and enjoy them while we can

Edited January 8, 2013 by D.I.Y. Mik

[PN-Mad]

Couple of things, the nismo edition is certainly not the pinicle of the 32 range. While being rarer, it's value is more down the vspec end of things rather then the N1 end.

Secondly there certainly are concours condition cars in Australia, Bobs 32s a jdm and adm are as good as you'll see anywhere I believe. Certainly different to the 2000km car, but they are of the highest standard.

[The Bogan]

Bobs cars are excellent examples, but not concours, concours cars are not driven.

Concours cars live in museums or garages which get trailered to shows.

Disclaimer: I do not in any way take anything away from Bobs cars, they are as smick as 10 smick things, I am amazed at the condition of the cars and all the hard work he has put into having a couple of the best R32 GTR's in Australia, and most likely in the top percent of the world I would assume.

[eightsixboy]

Hmm... lots of opinions and guesses.

Think about it though, ive had bikes that drink fuel like a skyline, and cars that are even worse(kingswood v8).

But by the time they are really worth something there will be very little petrol left.

All collectible cars will just be expensive sculptures.

Reality sux sometimes.

Drive them and enjoy them while we can

Thats a good point actually, who knows if any skyline will be worth anything in 20 years if theres no fuel left.

[The Bogan]

Thats a good point actually, who knows if any skyline will be worth anything in 20 years if theres no fuel left.

100% Ethanol

[PN-Mad]

^^^

Totally agree if you want to take that definition of concours.

I would consider them to be in the best condition one would expect in aust. There may be a adm car that is "concours" however, I doubt aust has any jdm cars in that level because they wouldn't be shipped out of Japan. Adm because someone may have locked one away and not driven it at all.

[The Bogan]

^^^

Totally agree if you want to take that definition of concours.

I would consider them to be in the best condition one would expect in aust. There may be a adm car that is "concours" however, I doubt aust has any jdm cars in that level because they wouldn't be shipped out of Japan. Adm because someone may have locked one away and not driven it at all.

A concours car can be a rebuilt car, the rebuilt car will lose some points but will make it up on build quality, it just needs all original parts like engine/body/tranny match, they will strip the car down to nothing and have it rebuilt to the standard spec that the car was realeased from factory only better quality, I'm talking everything, not your usual show car spec.

In saying that VERY CLEAN low Km cars are sourced.

Sorry for being a bit off topic, get yourself to some concours car/bike shows, they almost make me cry with the detail of everything.

[Anfanee]

Most cars that have a bathurst history have been worth tenfold what they released for new at their peak. The R32 GTR will be a $600-700 thou car at least at their peak. The ADM models will be closer to the 1 mil mark most likely. But you can never tell.

Edit: keep in mind this wont happen for another 15 years or so and 600 thou may not be as much in worth as it is today. This is all as long as the trend stays the way it has been. Look at the phase 3 falcons

Edited January 8, 2013 by Anfanee

[goingforadds]

Hmm... lots of opinions and guesses.

Think about it though, ive had bikes that drink fuel like a skyline, and cars that are even worse(kingswood v8).

But by the time they are really worth something there will be very little petrol left.

All collectible cars will just be expensive sculptures.

Reality sux sometimes.

Drive them and enjoy them while we can

that may be true, but then, consider how many american muscle cars, v8's and high performance european cars roam the streets, it's not about fuel costs, but the enthusiasts value and enjoyment of a car. To most, petrol costs, are just another expense of owning a nice car.

A concours car can be a rebuilt car, the rebuilt car will lose some points but will make it up on build quality, it just needs all original parts like engine/body/tranny match, they will strip the car down to nothing and have it rebuilt to the standard spec that the car was realeased from factory only better quality, I'm talking everything, not your usual show car spec.

In saying that VERY CLEAN low Km cars are sourced.

Sorry for being a bit off topic, get yourself to some concours car/bike shows, they almost make me cry with the detail of everything.

It'll be interesting to see if anyone actually does this later on in life, as so many r32 GTR's have been modified beyond the orignal standards, i.e changing the twins to a single and so forth, considering the costs involved and how japanese imports are viewed as performance cars today, i wonder if our generation will view them with the same perception as our previous generations and restore them to that detail?

It may take some time to get rid of the whole "it's just an import or another skyline stigma?"

Most cars that have a bathurst history have been worth tenfold what they released for new at their peak. The R32 GTR will be a $600-700 thou car at least at their peak. The ADM models will be closer to the 1 mil mark most likely. But you can never tell.

Edit: keep in mind this wont happen for another 15 years or so and 600 thou may not be as much in worth as it is today. This is all as long as the trend stays the way it has been. Look at the phase 3 falcons

the phase 3 is a little different than the r32 skyline, it was exclusively produced for the australian market and for the Touring car championship of the day.

Unfortunately, being a mass produced car, the GTR might be tougher to transcend to that level, i can see it being worth perhaps...$50k - 70k in the future, say a couple of decades lol

[Anfanee]

that may be true, but then, consider how many american muscle cars, v8's and high performance european cars roam the streets, it's not about fuel costs, but the enthusiasts value and enjoyment of a car. To most, petrol costs, are just another expense of owning a nice car.

It'll be interesting to see if anyone actually does this later on in life, as so many r32 GTR's have been modified beyond the orignal standards, i.e changing the twins to a single and so forth, considering the costs involved and how japanese imports are viewed as performance cars today, i wonder if our generation will view them with the same perception as our previous generations and restore them to that detail?

It may take some time to get rid of the whole "it's just an import or another skyline stigma?"

the phase 3 is a little different than the r32 skyline, it was exclusively produced for the australian market and for the Touring car championship of the day.

Unfortunately, being a mass produced car, the GTR might be tougher to transcend to that level, i can see it being worth perhaps...$50k - 70k in the future, say a couple of decades lol

Take into account how many are getting anal f**ked with crashed/blown engine and parted out ETC. They will get rarer and rarer.

Also clean ADM GTRs already go anywhere from 30-60k.

Edited January 8, 2013 by Anfanee

[PN-Mad]

A concours car can be a rebuilt car, the rebuilt car will lose some points but will make it up on build quality, it just needs all original parts like engine/body/tranny match, they will strip the car down to nothing and have it rebuilt to the standard spec that the car was realeased from factory only better quality, I'm talking everything, not your usual show car spec.

In saying that VERY CLEAN low Km cars are sourced.

Sorry for being a bit off topic, get yourself to some concours car/bike shows, they almost make me cry with the detail of everything.

I've been to many over 20 years! Family cars have even had some sucess. Can't say the Japanese cars have a big presence in the concours scene. That's why I don't personally hold jap cars to the same condition standards that a European car would have.

Has anyone actually done a ground up nut and bolt rebuilt of a skyline to competitive concours standards?

[Anfanee]

there is a red ADM skyline.. hang on ill find the link.

The link i had is dead. It's bob red ADM immaculate car. What i would give for it. Also there is a 100% original 32 GTR for sale in japan that has been in a museum. 2000 GENUINE kms. you are talking cassette player and all... its going for 58k....

Edited January 8, 2013 by Anfanee

[The Bogan]

http://en.wikipedia.org/wiki/Bathurst_1000#Early_years

It depends alot on the demographic.

There has been alot of cars with race win history that have only seen moderate acclaim form their victorys.

In Australia its the V8.

England has had some big success with old Cortinas and Escorts, what we think are average old cars the Brits are importing them, alot of our old ones are going or have gone to England where the smart people making some good coin out of it.

My missus was exporting them by the container load for a couple of years.

[goingforadds]

http://en.wikipedia....000#Early_years

It depends alot on the demographic.

There has been alot of cars with race win history that have only seen moderate acclaim form their victorys.

In Australia its the V8.

England has had some big success with old Cortinas and Escorts, what we think are average old cars the Brits are importing them, alot of our old ones are going or have gone to England where the smart people making some good coin out of it.

My missus was exporting them by the container load for a couple of years.

I don't disagree with the v8 claim, but to say that will ring true in say the next few generations is a statement to be seen?

Considering the carby v8's of yester-year are dying out with our parents/ grand-parents generations, perhaps the rise of japanese imports will take their place?

do you feel there'll be a strong allegiance to v8's in this generation and the next? or will it be imports and turbo charged variants like the xr6 turbos?

[Anfanee]

Imports 100% took kids from the 90s. id know rofl. the V8 reign is coming to an end. THE RISE OF THE IMPORT

[eightsixboy]

Most cars that have a bathurst history have been worth tenfold what they released for new at their peak. The R32 GTR will be a $600-700 thou car at least at their peak. The ADM models will be closer to the 1 mil mark most likely. But you can never tell.

Edit: keep in mind this wont happen for another 15 years or so and 600 thou may not be as much in worth as it is today. This is all as long as the trend stays the way it has been. Look at the phase 3 falcons

Dont think a gtr will ever be worth a million bucks, not in the next 50 years anyways.

[Anfanee]

Dont think a gtr will ever be worth a million bucks, not in the next 50 years anyways.

Keep in mind inflation. Those calculations where looking at market growth. in 20 years time a house could be look at like4-5 mil if the market keeps going the way it does. so in todays money it's a shit ton but then its still good but its not crazy.

Edit: unless America keeps fking up its economy. That will drop inflation hence drop the price. It is all apart of the great circle of life.

Edited January 8, 2013 by Anfanee

[GTR-N1]

I've read the OP a few times now + I've read the responses.

A few things have been clanging around my cranium and still, I can't find a solution - at least not in 2013.

The OP talks about "classics" and there's the suggestion of "rarity" or lack of.

What makes a car a "classic"?

* Is it rarity? Well you can own an Edsel and it wouldn't. Then again, you could own one of two Phase IVs and of course it would!

* Is a classic something that transcends the boundaries of a country? An R32 GTR might be in at least 10 countries - maybe more. But would an XU-1 or an SLR5000 be so highly regarded in perhaps 3?

* And then money and value came up in this thread. Would a classic be based on how much a car has appreciated over its off-the-showroom-floor price? After all a Datsun 1600 in original condition is now worth 6x its original.

* The word concours came up. Even some debate about the definition of the word. Does a classic need to be in concours condition? Well if one could resurrect a Chassis 3 Grp A R32 GTR and straighten it out despite metal fatigue here and there plus a coat of paint > fully restored; would it then be a classic?

* Is a classic a car with pedigree? The way a car could become an icon whether it be on a racing track or how it changed R&D of all future cars. Could a Mustang be one of these, even though a R32 GTR has the upper hand by far in the way a car could handle many more roads under all conditions?

* Or could a classic be one of those things that a motoring editor from Fast Fours can project into the future, the way that a 1989 editor from Wheels mag did when he nicknamed the R32 GTR?

* Or is it simply street cred that makes any young fellah want to have one?

I don't know! I'm only guessing - but I suspect a classic to be a bit of all the above: but I don't have a solitary clue about how much each of those points contribute!

All I know is, that not one single point above makes a car a "classic"!