Monaro VXR's - are they appreciating?
Discussion
I keep seeing adverts for Ro VXR's on Ebay/Autotrader/PH stating things like "becoming collectable", "future classic" and "starting to appreciate". Do you think this is wishful thinking by sellers, or is there truth in this?
If true, what type of VXR are we talking about? I'm assuming unmodified low mileage ones, or am I wrong?
Be interested in all opinions, especially your expert opinion James / Preciousmetal.
Mike.
If true, what type of VXR are we talking about? I'm assuming unmodified low mileage ones, or am I wrong?
Be interested in all opinions, especially your expert opinion James / Preciousmetal.
Mike.
Lots of factors that can affect this.
If a car is pretty that helps. How rare it is also contributes. Trade view, owners and following, but ultimately if demand for the car grows and the amount available will drop over time price will go up.
I bought mine a year ago as I felt they are a good looking car that makes all they right noises, and at the same time won't depreciate and may appreciate a little so that this could offset the high running costs of using one as a daily driver.
My personal view is that prices are stable for the time being and will start to rise over time hopefully by the time I sell it to buy my next daily.
If a car is pretty that helps. How rare it is also contributes. Trade view, owners and following, but ultimately if demand for the car grows and the amount available will drop over time price will go up.
I bought mine a year ago as I felt they are a good looking car that makes all they right noises, and at the same time won't depreciate and may appreciate a little so that this could offset the high running costs of using one as a daily driver.
My personal view is that prices are stable for the time being and will start to rise over time hopefully by the time I sell it to buy my next daily.
I have the GTO and these things are getting rare. But resale value has not risen even one dollar. And to make matters worse, insurance companies will total rather than repair one of these things. Want parts? This is another issue. So, my GTO remains as my daily driver. Not worth preserving it. Funny how the Triumphs are actually worth some money now. Should have not sold that 1980 TR-7. Should have not sold that 1977 Chrysler 440 either. American iron and luxury at its finest. And with petrol prices down, not too bad to feed.
Many years ago I bought a Lancia Delta Integrale Evo as I had a massive desire for them but sold it after about a year as it was too unreliable to use as often as I was then - bought it for £16k sold it for the same but now I see they are £25 - 35k, if there is a chance that these cars will become future investments as such in terms of classics or rarity then keep them!!
Ade
Ade
There is, or was (I'm not looking, I'll end up wanting another one) Monaro with 3000 miles for £20k... will it sell (or has it)? Who knows; I'm not sure personally on the Classic status. It'd be nice as they are getting very rare. Rare, though, does not mean Classic. The Griffin - it seems - lets it down (I do not subscribe to that thinking) but there are plenty of cars out there with the status that aren't in my mind, Classics, so who can guess?
Not appreciating, just bouncing around a price point. Lots of 'interesting' cars do this, while their more mundane peers end up in the bargain basement before being scrapped. There's a big difference between 'interesting' cars with a small following and true classics, that are merely other forms of investment. Never easy to tell what the market will pick and it will be another ten years before you find out.
Cars like Monaros will hold onto the £5-15K price point for many years to come. Downside is they cost good money to run as a daily. Wrapping one up for Sunday drives is probably the best way forward. Either that or sell up and buy a new shape Mustang.
Cars like Monaros will hold onto the £5-15K price point for many years to come. Downside is they cost good money to run as a daily. Wrapping one up for Sunday drives is probably the best way forward. Either that or sell up and buy a new shape Mustang.
H5V VE said:
R8VXF said:
Vauxhall prejudice means that none of these will be a classic. Rarity will keep the prices from tanking, but not great for an investment.
I think that you have hit the nail on the head there. It is not prestige if it is not German. Total bks Imo, but does mean I get M5 power and size for M3 money.
I don't think they'll earn 'classic' status, I just don't think enough people knew of them or wanted them (Vauxhall badge) when they were new, that there just won't be the demand in the future.
I think rarity and the big manual RWD V8 bit will keep the values about where they are, but much beyond that will be very surprising!
I think rarity and the big manual RWD V8 bit will keep the values about where they are, but much beyond that will be very surprising!
Rest assured in the years to come people will want a Monaro.
Lots of folk want old cars, they always have and always will. It doesn't have to be a £100k hyper car, otherwise why do enthusiasts want a Capri, a Stag, or Beetle?
When your Monaro is 20yrs old it will be even more desirable.The really sad thing is by then I will be in my mid 60's....where does time go?
Lots of folk want old cars, they always have and always will. It doesn't have to be a £100k hyper car, otherwise why do enthusiasts want a Capri, a Stag, or Beetle?
When your Monaro is 20yrs old it will be even more desirable.The really sad thing is by then I will be in my mid 60's....where does time go?
At the end of the day, a large rumbly V8 coupe with a manual clutch is always going to be popular with certain car enthusiasts, and the Monaro's rarity will sustain values. I agree, though, that the badge and the model's relative obscurity is likely to keep a lid on prices.
I hate to say it, but the new Mustang may dent values a little, as it arguably offers a similar package/experience and thereby undermines the previously unique position that the Monaro occupied as a genuine muscle car available in the UK in RHD.
I hate to say it, but the new Mustang may dent values a little, as it arguably offers a similar package/experience and thereby undermines the previously unique position that the Monaro occupied as a genuine muscle car available in the UK in RHD.
The streets here are paved with Mustangs. Tens of thousands of Mustangs. Too common a car here in The States. And don't get me started on the SUV. That is all we see here. Horrible, huge, dangerous SUVs, whose drivers think that they own the roads.
What happened to the car? The plain, normal, rear-wheel-drive car? And poor old Chrysler is owned by Fiat these days. Makes s**t. The Jeep range of models have the poorest ratings you could imagine. Perhaps I'll look for a 1977 Chrysler afterall. That is a real car with a real engine and 5,000 pounds on steel to protect the occupants.
The Monaro is a toy in comparison.
What happened to the car? The plain, normal, rear-wheel-drive car? And poor old Chrysler is owned by Fiat these days. Makes s**t. The Jeep range of models have the poorest ratings you could imagine. Perhaps I'll look for a 1977 Chrysler afterall. That is a real car with a real engine and 5,000 pounds on steel to protect the occupants.
The Monaro is a toy in comparison.
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