Cars as an investment

Discussion in 'Other Investments' started by spannermonkey, Aug 11, 2014.

  1. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    When you've finished with the El Camino I'll give you an address in Tuscon where you can drop it of for me ;)
    An importer I know has a depot there or I'll be up that way for the gem fair in the next year or 2 :D
    Any more Porsche's that come your way , please tell me first :D pre 1976 ;)
     
  2. rara200284

    rara200284 Member

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    Best of luck. I believe only a true car enthusiast can flip cars around and make good profit. You would know where to go and what cars are hot. I think the average joe would not succeed at all. I know I wouldn't. The market is small but profit margins can be high for those who know what they are doing.

    Good luck!
     
  3. raven

    raven Well-Known Member Silver Stacker

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    Yeah, .......... after you've gone passed and dropped it off at my joint, for delivery ! ;)
    True get away machine .......... think, "enemy of the state" with Gene Hackman !
     
  4. raven

    raven Well-Known Member Silver Stacker

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    Imagine that, 400 kilo bars lining the floor, as you're burning out sideways around the corner of Russell and Collins.

    eh heh, go sons !
     
  5. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Picking a classic car is like picking your nose;

    If you get it wrong you'll end up covered in blood, in hospital, broke from bills and a little brain damaged... and everyone will realise you're an idiot :p
     
  6. Golightly

    Golightly Well-Known Member Silver Stacker

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    I look at my cars as an investment, maybe not when driving them around town in summer but otherwise,

    I have a Toyota HJ47 that was in a mine shed as an ambulance it's whole life, so only 9ks on it when I bought it, also a 60 series that's fitted with every imaginable extra,
    Toyota's hold value better than any car, I regularly have people come up and ask if I would sell, I could at least get back what I paid on them so may as well enjoy that over fiat.
     
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Hire car ? :D
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Here's how it works
    A spray painter mate of mine picked up an original VC Valiant from a paddock from a cowcocky
    $500
    It looked like a POS till he got it home & gave it a good detail , put it up on the hoist , changed all the fluids ]
    fresh petrol & she fired up :cool:
    It didn't need any bodywork at all , just the original patina from sitting in the sun
    Now it's on club plates & my mate will get a RWC for it next week
    Worth ?

































    $8k-$10K

    Good luck trying to find a cowcocky who will let you on his property , let alone sell you the car
    My mates a local & the locals all like him because his a local & know his parents ;)
    The same cowcocky has 2 Valiant chargers & 2 LH/LX Torana's in the same condition :cool:
     
  9. boneyard

    boneyard Well-Known Member Silver Stacker

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    https://plus.google.com/u/0/photos/...6101480152399116882&oid=114030215137472936121

    maybe someone can imbed this link so it works?


    Cars shown are:

    *Combined fuel consumption in accordance with EU 5/ EU6 :
    911 models: 12.4 - 8.2 l/100km; CO2 emission: 289 -191 g/km;
    Cayman models: 9.0 7.9 l/100km, CO2 emission: 211-183 g/km;
    Boxster models: 9.0 7.9 l/100 km; CO2 emission: 211 180 g/km;
    918 Spyder: 3.1-3.0 l/100 km; CO2 emissions; CO2 emissions: 72-70 g/km. Electricity consumption 12.7 kWh/100 km;
    Panamera models: 10.7 3.1 l/100 km, CO2 emission: 249 71 g/km. Electricity consumption: 16.2 kWh/100 km;
    Macan models: 9.2 - 6.1 l/100km, CO2 emission 216 -159 g/km
    Cayenne models 11.5-3.4 l/100 km, CO2 emissions 267-79 g/km. Electricity consumption 20.8 kWh/100 km
    Thanks
     
  10. boneyard

    boneyard Well-Known Member Silver Stacker

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    [​IMG]

    one for Spanner & friends.............
     
  11. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    My painter mate loves telling what they did to veewee's when they were kids on the farm
    Chopping up oval window beetles & turning them into paddock bombs :lol:
     
  12. malachii

    malachii Well-Known Member

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    We own a 1935 Austin 7 Ruby in concourse condition. They guy who owned it before us had it fully restored - every single nut and bolt. Spent over $35 000 on it. Had it shipped to France for a rally and then shipped back to Australia. Before it arrived at the docks he dropped dead and the car sat in a museum for 5 years until we came along and bought it for $11 000.

    8 years later I think it's worth about $11 001 :) - if I can find a buyer. But we've had a lot of fun in it as a family.

    malachii
     
  13. ashleyd123

    ashleyd123 Member

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    nice :)
     
  14. bradsw57

    bradsw57 New Member Silver Stacker

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    Bugger investments. Sometimes, you just gotta have fun. This my fun

    Number 58 of about 230 built. Cost enough that I had to pay luxury car tax on it, and I pick it up on 14 Jan 2015 :D
     
  15. AngloSaxon

    AngloSaxon Active Member

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    I just want one!
     
  16. bradsw57

    bradsw57 New Member Silver Stacker

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    Excellent taste, good sir!
     
  17. boston

    boston Active Member Silver Stacker

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    Just noticed in the upcoming February auction of Shannons, the number of 'no-reserve' lots being offered. Much more than I can recall since I have been monitoring the site.

    Looks as if the bottom is softening in the automobile sector.

    http://www.shannons.com.au/auctions/?id=current
     
  18. FullMetalFever

    FullMetalFever Member

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    I don't suppose your mate would like to try and help me liberate one of those Chargers from the cowcocky? There'd be a nice commission in it for him ;)

    I'd love one as a daily driver ...
     
  19. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Will keep you in the loop
     

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