Purchasing a R34 GT-T 5spd with 180,000km. Value?

[neopowered34]

G'day All

Well it's been a while since I've owned a skyline and I'm looking into a R34 GT-T, I sold my last one over 5 years ago at 120xxxkm & the one I have my eye on currently has just under 190ks. My hesitation lies in the possibility of re-selling down the track when it's more likely going to have done 220ks...do you think the R34 will retain value past 200,000km and a market for buyers at that km? I'm not massive into modding etc, would just be something to enjoy owning once again. Cheers, Neo34

[Ben C34]

As time ticks by the ks matter much less of they aren't verified.

Does the car you are looking at have full history to verify the ks? Did your previous car?

 

[neopowered34]

3 hours ago, Ben C34 said:

As time ticks by the ks matter much less of they aren't verified.

Does the car you are looking at have full history to verify the ks? Did your previous car?

 

It has some import papers but nothing else, I'm strongly considering spending the $ and getting a check from Japan if it's going to assist in verifying ks 

[niZmO_Man]

Definitely do a history check. Could have been smashed and fixed, could also be a good condition import, who knows.

[Steve85]

13 hours ago, neopowered34 said:

It has some import papers but nothing else, I'm strongly considering spending the $ and getting a check from Japan if it's going to assist in verifying ks 

For me, it would depend on condition at these kms. 100+ kms on the clock and you know you aren't buying a low km car. 
At that point you should be looking at condition more than anything else. 

You could get a check, but i'm not sure if it would be worth it. If it were me, i'd rather spend the money on a decent mechanical inspection by a Skyline expert (or at least someone familiar with them). 

Regarding your concern around re-sale value, at these price points, I would expect these to hold their value over the next 10 years. However, I would not expect this to appreciate. If you were super keen on buying something that will appreciate, I would suggest looking at a stock, low kms GTT or equivalent.

[GTSBoy]

Condition is the only thing that matters. My car is at 230k km and has had 2 engines, 4 different transmissions, 2 rear subframes, 3 different sized front brake setups, every suspension bush changed at least twice, some as many as 10 times. 3 different radiators, 3 ECUs, etc etc etc.

Some parts of the car are still original.

[neopowered34]

52 minutes ago, Steve85 said:

 

Regarding your concern around re-sale value, at these price points, I would expect these to hold their value over the next 10 years. However, I would not expect this to appreciate. If you were super keen on buying something that will appreciate, I would suggest looking at a stock, low kms GTT or equivalent.

Thanks for the reply and I agree with your projection; I’m specifically wanting something that will at a minimum hold value i.e a bayside blue GT-T or a Stock low km GT-T with factory options. PMd you something for further discussion 

[neopowered34]

1 hour ago, niZmO_Man said:

Definitely do a history check. Could have been smashed and fixed, could also be a good condition import, who knows.

Will do, it’s $95 USD...but a small investment for a 20k + car

[Kinkstaah]

22 hours ago, GTSBoy said:

Condition is the only thing that matters. My car is at 230k km and has had 2 engines, 4 different transmissions, 2 rear subframes, 3 different sized front brake setups, every suspension bush changed at least twice, some as many as 10 times. 3 different radiators, 3 ECUs, etc etc etc.

Some parts of the car are still original.

This is true. 99.9% of Skylines now are some variant of Grandfather's Axe/Ship of Thesus. Condition and kms are nearly completely disconnected nowadays.

Nearly ?

[Dose Pipe Sutututu]

Remove dash, replace with MoTec C1212. tell next buyer no idea of KM.

[neopowered34]

6 hours ago, Dose Pipe Sutututu said:

Remove dash, replace with MoTec C1212. tell next buyer no idea of KM.

I'm after one that's as close to stock as possible, this would probably hurt the value but yes would stop Km going up ?

[KiwiRS4T]

These were sold new in NZ so probably genuine mileage:

https://www.trademe.co.nz/motors/used-cars/nissan/auction-2485856606.htm?rsqid=300b309c06a04f9db08a2252053a2b84-001

[neopowered34]

On 15/01/2020 at 9:02 AM, KiwiRS4T said:

These were sold new in NZ so probably genuine mileage:

https://www.trademe.co.nz/motors/used-cars/nissan/auction-2485856606.htm?rsqid=300b309c06a04f9db08a2252053a2b84-001

Checkout the steering wheel, has paddle shift, may have been a conversion or replacement....

[sin-]

2 hours ago, neopowered34 said:

Checkout the steering wheel, has paddle shift, may have been a conversion or replacement....

VIN is JN1GCER34A0202109 which shows as factory auto, good spotting.