How to value Ultimas?
How to value Ultimas?
Author
Discussion

gazzab

Original Poster:

21,638 posts

311 months

Monday 11th July 2005
quotequote all
A friend of mine is sniffing around an Ultima that is built but just needs painting? Apparently it was built a couple of yrs ago but funds have dried up.
How does one determine the value of such a car?
What features/models/variants etc determine price?
eg GTR v sports, engines? etc...?
Thanks
Gary

G Man

4,053 posts

289 months

Monday 11th July 2005
quotequote all
Well a GTR is worth more than a sport its the latest model.

Does it have AP racing factory brakes?
Does it have factory dampers?
Does it have factory speedo or stack system?
Does it have a rear wing ?
Does it have factory seats?
Does it have American speed V8 chevy?

Does it do 0-100-0 in 9.8 secs if it does it is priceless !!!

G Man

stig

11,823 posts

313 months

Monday 11th July 2005
quotequote all
Does it feature woks in the engine bay?

In which case it's worthless

Seriously though, best bet is to keep an eye on the classifieds section to get an idea of the 'going rate'. There are so many things that can affect the value such as non-standard parts, odd configurations etc. that can put people off (or attract them come to that). Post pics and spec here if you like and the collective knowledge should give you a good idea.

As a general rule of thumb, no car is worth as much as the owner thinks it is! Harsh, but fair

>> Edited by stig on Monday 11th July 14:49

gtr-gaz

5,281 posts

275 months

Monday 11th July 2005
quotequote all
gazzab said:
A friend of mine is sniffing around an Ultima that is built but just needs painting? Apparently it was built a couple of yrs ago but funds have dried up.
How does one determine the value of such a car?
What features/models/variants etc determine price?
eg GTR v sports, engines? etc...?
Thanks
Gary


Why does it need painting? The body comes finished in a gel coat

Cost depends on what's left to do and how good is the finish on what's already been done.

Gary

steve_D

13,802 posts

287 months

Monday 11th July 2005
quotequote all
Do we know this car or its builder?

Steve

BogBeast

1,144 posts

292 months

Monday 11th July 2005
quotequote all
gtr-gaz said:

Why does it need painting? The body comes finished in a gel coat

Gary


Could it be a Sports?

gazzab

Original Poster:

21,638 posts

311 months

Tuesday 12th July 2005
quotequote all
I have no idea whose car it is. A friend of mine has found it at a place where it is redy to complete but the owner ran out of cash 3 yrs ago?

gazzab

Original Poster:

21,638 posts

311 months

Monday 18th July 2005
quotequote all
Apparently it is a 'spider' ie a pre can am roofless model. One of very few made. Just needs finishing. It is a 6Ltr 575bhp engine.