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Old 08-09-2008, 12:20 AM   #1
bennyk351
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Default Old Vs New

In 40 years is a new GT going to be what the old GTs are now.When i go to car shows i go purely for the old school muscle ,whether the be ,Fords,holden,chev,whatever.Lately ive been noticing you walk down the rows of GTs for example youve got Xr,t,w,y,a,b,c,with a heap of brand new GTs thown right in the middle.Now these cars have been bought straight from the showroom, but had to do no work or restorations to make them look good .I dont know what others think about this but I think this is taking away from the guys that have spent 1000s and countless hours to make their car what they are .To me a old car in pristine condition means a lot more the an off the shelf new car .What do you think?
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Old 08-09-2008, 12:27 AM   #2
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No, they wont be.

They arent ground breaking now, they arent king of the hill now either, the cobra has more power yet they arent the stuff legends are made of.

It'll be scary in 20-30 years time to see what is classed as a clessic or muscle car.
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Old 08-09-2008, 07:20 AM   #3
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The new GT's have no racing history. They won't have the same mystique as the GT's of ~35-40 years ago have today. They'll probably be worth some decent coin by then but it won't be anywhere near as good as investment if you stuck a HOEY in your garage under a tarp 35 years ago.
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Old 08-09-2008, 09:21 AM   #4
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Quote:
Originally Posted by bennyk351
Now these cars have been bought straight from the showroom, but had to do no work or restorations to make them look good
I think you'll find that the classic GT's that fetch the highest prices are exactly in this condition!
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Old 08-09-2008, 10:07 AM   #5
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while a new car does not do very much for me, for the reason benny stated. we should appreciate all of them at shows and the like. the reason the old cars have been restored is that no one cared enough about them when they were between 0-20 years old

if someone just throws a lot of money at a dealer to get a new gt, they should still be given credit for looking after it and preparing it well for any display days. it is not hard to see a lot of new cars with scratches and dents, so we should appreciate nice cars no matter what age they are
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Old 08-09-2008, 11:02 AM   #6
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In 40 years time, I suspect most of the plastic on these new cars will be in an awful condition, with no prospect for repair.
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Old 08-09-2008, 11:05 AM   #7
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Quote:
Originally Posted by Rodp
it won't be anywhere near as good as investment if you stuck a HOEY in your garage under a tarp 35 years ago.
Your going to stick me in your garage
:
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Old 08-09-2008, 11:37 AM   #8
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Quote:
Originally Posted by jim_reaper
Your going to stick me in your garage
:
Yes, now get back in there and stop making noise, the neighbours are starting to complain... and do something about the smell!
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Old 08-09-2008, 01:36 PM   #9
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Whether of not current or old school performance cars will be worth anything at all or $zillions in 30 years is an enormous uncertainty.

Will there still be petrol or a completely different fuel system?
Will there be a ban on any vehicle that does not comply with at least euro6 (euro24 being current)?
Will the Phase 3 be thought of by the general public in the same way that the Model T is by us?

Race history? What race? Bathurst? Oh that one that has not been run for 20 years after the track was closed for safety/noise/land rights/greeny/whatever reasons when Harold Scruby became Premier of NSW in 2018? (apparantly everyone who complains a lot in NSW gets a go at being Premier)

What was that last road car to win at Lakeside?
Who won the Castrol 6 hour in 1982?

What car won the first bathurst and how much are these worth now?

The only thing I know for sure is that nothing will be exactly like we think it will be in 30 years.

After all: 35 years ago there were no speed limits in NSW (or NT), no radar, no drink driving laws, no hoon laws, no speed cameras, the road to Cairns was mostly dirt, the road to Darwin was almost all dirt, TV was black and white, there was no FM radio, no credit cards, no mobile phones, no internet, no 24 months interest free, no car loans over 7 years..... etc etc etc.
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Old 08-09-2008, 02:30 PM   #10
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Other than racing pedigree by far the vast majority of todays FPV/HSV's arent limited model runs and so wouldnt be collectible IMO,simply too many about..
When there are more buyers than cars available,prices go up..
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Old 08-09-2008, 07:20 PM   #11
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Maybe ask a ten year old today what car he really wants to own when he grows up
because a lot of ten year old kids in the 60's 70's 80's are the ones now paying the big bucks for the cars they dreamed of when they were kids ..........or its just ego

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Old 08-09-2008, 07:33 PM   #12
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Quote:
Originally Posted by snakeoil
Maybe ask a ten year old today what car he really wants to own when he grows up
because a lot of ten year old kids in the 60's 70's 80's are the ones now paying the big bucks for the cars they dreamed of when they were kids ..........or its just ego

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Old 08-09-2008, 09:13 PM   #13
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Quote:
Originally Posted by nugget378
Other than racing pedigree by far the vast majority of todays FPV/HSV's arent limited model runs and so wouldnt be collectible IMO,simply too many about..
When there are more buyers than cars available,prices go up..
The build numbers of old GT's compared to current ones is pretty similar, I think the BF GT is the only modern GT that outsold the XW GT. Its just 40 years of attrition that has dwindled the numbers down, so i'd imagine the same might happen in 40 years time with the BF's, but I doubt they will have anywhere near the collectability of the old GT's.
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Old 08-09-2008, 09:28 PM   #14
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Quote:
Originally Posted by Bossxr8
The build numbers of old GT's compared to current ones is pretty similar, I think the BF GT is the only modern GT that outsold the XW GT. Its just 40 years of attrition that has dwindled the numbers down, so i'd imagine the same might happen in 40 years time with the BF's, but I doubt they will have anywhere near the collectability of the old GT's.
As Nugget says its the race pedigree that the older cars have that makes them so collectable and desirable. The new generation cars simply dont have it.



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Old 08-09-2008, 10:04 PM   #15
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Quote:
Originally Posted by bennyk351
In 40 years is a new GT going to be what the old GTs are now.When i go to car shows i go purely for the old school muscle ,whether the be ,Fords,holden,chev,whatever.Lately ive been noticing you walk down the rows of GTs for example youve got Xr,t,w,y,a,b,c,with a heap of brand new GTs thown right in the middle.Now these cars have been bought straight from the showroom, but had to do no work or restorations to make them look good .I dont know what others think about this but I think this is taking away from the guys that have spent 1000s and countless hours to make their car what they are .To me a old car in pristine condition means a lot more the an off the shelf new car .What do you think?
:sm_headba
To a large degree I do see your point, there certainly is more mystique to the old school muscle. No I do not believe our ute will be worth much, despite the fact that it was one of a few Pursuit/Super Pursuit in Menace and even less in manual (there was only 7 GT/GT-P in Menace). Reason for this lack of appreciation in value, race history.

I find it rather frustrating to hear that somoe people consider our work getting our "new muscle" ready for shows as no big deal. Most of these older beauties live in pristine garages, under covers, trailered to the event and set on carpet so their feet don't get dirty. Meanwhile mine gets me to work and back all week, gets waxed every 2 weeks, clocks up 25,000km each year and generally has me busting a gut to keep it looking good. On saturday I work from early in the morning until the wee small hours of the next morning before I drive my detailed car to the show, so that I can madly try and clean up the brake dust. Apparently I have just bought mine off the showroom and there are not monstrous amounts of time customising different components.

I know there are many of us out there that regularly spend copious amounts of time on our daily drivers so that they at least are worthy of being parked next to the old school. Not all are straight off the showroom, in fact most are modified to some degree, many with more work in hours than an unrestored XW.

Anway, I will stop my whinge now, but you did ask what I thought!

Cheers
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Old 09-09-2008, 05:44 AM   #16
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If I want to look at new cars I'll go to the dealer ship.

they even let you dirve them there

for shows give me the stuff thats been toiled over and masarged back to perfection over detailed showroom cars
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Old 09-09-2008, 03:39 PM   #17
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maybe they should make the new FPV (5 year?) rare. say 100-200 cars built.
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Old 09-09-2008, 04:34 PM   #18
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The race heritage (winning bathurst) while having some merit is by no means the ultimate reason why old cars are desirable. If that were the case there would huge prices for:

Vauxhall Cresta, first winner
Cortina GT, won 3 times, more than any other Ford model including GTHO.
XL Falcon
Mini Cooper S
Jaguar XJS
Mercedes 220SE
Ford Seirra won twice
Skyline R32 (doof doof doof pshhhht) won twice.

All of these cars have exactly the same racing heritage as the Phase 3 GTHO, LJ XU1, A9X, 350 Monaro etc etc...

THEY ALL WON BATHURST, some several times.

The GTHO won twice, the same number of times as XA GT, L34, A9X, VH commy, Sierra and Skyline.
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Old 09-09-2008, 06:14 PM   #19
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Most of the older bathurst racer models were either very limited runs,HO/E49/A9X etc,or most have rusted in to the ground and gone off to the crushers long ago...
Simply supply and demand..Whether a current model reaches collectible status and worth a great deal of money will depend on the exact same reasons...
During the production days,the cars were raced *as is* off the showroom floor,the same cant be said of the cars during the 80's and later,the same car you bought,raced in exactly the same spec at bathurst,this is why they are so revered and collectible..They are street legal race cars...
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Old 09-09-2008, 06:28 PM   #20
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While race heritage doesn't guarantee collectibility and "value" if you look at which cars have passed their original purchase price (indexed) its a mandatory prerequisite...
I don't know of any Australian production car that's worth more than its original indexed purchase price that doesnt have bathurst race herritage..



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Old 09-09-2008, 06:34 PM   #21
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I personally think that it is not only the racing pedigree, but also that ADR27 made these cars the best things since sliced bread for the better part of two decades after they were built.
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Old 09-09-2008, 06:44 PM   #22
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Quote:
Originally Posted by Bad Bird
I personally think that it is not only the racing pedigree, but also that ADR27 made these cars the best things since sliced bread for the better part of two decades after they were built.
Yuo mean pre ADR27?



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Old 10-09-2008, 08:46 AM   #23
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I mean that due to ADR27, these (pre ADR) cars were better than all the new (post ADR) cars for quite a long while.
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Old 10-09-2008, 09:44 AM   #24
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And still are (if your into highly modifying them) by a long way..
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