Monaro starting to shoot in value?
Discussion
Or just a cracker testing the water? 
5.7 vxr £28,500
Must follow the logic that those currently testing the market with 996 gt2 mk1 for £110-140k are actually selling them. One I've seen is so bare faced confident they have chosen to cut and paste 18 month old photos of a dubious car, which was advertised then for £40k.
The crash may be coming for some of this stuff.
5.7 vxr £28,500
Must follow the logic that those currently testing the market with 996 gt2 mk1 for £110-140k are actually selling them. One I've seen is so bare faced confident they have chosen to cut and paste 18 month old photos of a dubious car, which was advertised then for £40k.
The crash may be coming for some of this stuff.
M11 MFP said:
Or just a cracker testing the water?
5.7 vxr £28,500
Must follow the logic that those currently testing the market with 996 gt2 mk1 for £110-140k are actually selling them. One I've seen is so bare faced confident they have chosen to cut and paste 18 month old photos of a dubious car, which was advertised then for £40k.
The crash may be coming for some of this stuff.
I think your first sentence sums it up 5.7 vxr £28,500
Must follow the logic that those currently testing the market with 996 gt2 mk1 for £110-140k are actually selling them. One I've seen is so bare faced confident they have chosen to cut and paste 18 month old photos of a dubious car, which was advertised then for £40k.
The crash may be coming for some of this stuff.
M11 MFP said:
Must follow the logic that those currently testing the market with 996 gt2 mk1 for £110-140k are actually selling them.
The crash may be coming for some of this stuff.
The market certainly cooled over the winter for sure, that said I've been offered waay more for mine from the dealer I bought it from (ok it is a Clubsport so one of 14 and never had paint) which suggests that the right cars are still trading for very strong money. Most of the 2's advertised have known 'history' as its a very small world.The crash may be coming for some of this stuff.
£28k for that cars 10k too strong at least.
Xpuffin said:
The market certainly cooled over the winter for sure, that said I've been offered waay more for mine from the dealer I bought it from (ok it is a Clubsport so one of 14 and never had paint) which suggests that the right cars are still trading for very strong money. Most of the 2's advertised have known 'history' as its a very small world..
Hello Jez. Perhaps you are right and they will settle at this price level. However, this trebling of value has only happened over the last 18-24 months and appears to be speculator/dealer rather than market driven. A shady medium miles mk1 'comfort' being advertised for £150k is nuts, as is a low miles mk1 for £200k. MkII Gt2, being so rare, are strangely at the same price level, having been a fair bit higher than mk1s formerly.They now have price parity with a good mk1 997 gt2. Would you swap?
It's happening with most things where the stock is slim enough to be dealer/ speculator controlled and financing it is cheap. 599 GTO appear to rise £100k every time one sells and new one is offered. A dealer recently offered a SWB Quattro (rare, but not such a fantastic car really) for £500k. Renovated rs500 sierras, with evidence of any murky past spirited away, offered at 50-80k and more.
M11 MFP said:
Hello Jez. Perhaps you are right and they will settle at this price level. However, this trebling of value has only happened over the last 18-24 months and appears to be speculator/dealer rather than market driven. A shady medium miles mk1 'comfort' being advertised for £150k is nuts, as is a low miles mk1 for £200k. MkII Gt2, being so rare, are strangely at the same price level, having been a fair bit higher than mk1s formerly.
They now have price parity with a good mk1 997 gt2. Would you swap?
It's happening with most things where the stock is slim enough to be dealer/ speculator controlled and financing it is cheap. 599 GTO appear to rise £100k every time one sells and new one is offered. A dealer recently offered a SWB Quattro (rare, but not such a fantastic car really) for £500k. Renovated rs500 sierras, with evidence of any murky past spirited away, offered at 50-80k and more.
Most of the stuff you see advertised is speculation and poor stock. That's the nature of the present market, prices have not topped yet though IMO.They now have price parity with a good mk1 997 gt2. Would you swap?
It's happening with most things where the stock is slim enough to be dealer/ speculator controlled and financing it is cheap. 599 GTO appear to rise £100k every time one sells and new one is offered. A dealer recently offered a SWB Quattro (rare, but not such a fantastic car really) for £500k. Renovated rs500 sierras, with evidence of any murky past spirited away, offered at 50-80k and more.
997gt2 , not for me I'll take a 6 any day.
One to watch is the 12c!!!!! Top tip
80s practical classics is another steady market, as is alternative 60s Italiana.
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