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Yes Geoff. I was lucky enough to be invited to Park my car next to Ben's on the QLD Monaro Club's display at the Brisbane Hot Rod Show some years back. Coincidentally both of our cars were featured in the second edition of Norm Darwin's Monaro Magic book. I have to agree it is a top car which is what motivated my first comment. Ben did tell me there were still things needed to make it a 100 percenter.....I told him he was being pedantic. I honestly feel he can be the only critic of that car.....I wish I bought it. I think it is better than mine. Cheers. Nick.
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6-hours to go and $172,000 I reckon that engine bay colour might de-value it a bit even though Adelaide 'premium cars' rarely if ever got the premium paint finish. My Acacia Ridge HQ boot and firewall is about the same shade as this.
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Why paint it that colour in the engine bay, that's an insult that would turn me off directly and refuse the car, if someone wanted you to pop the bonnet it would be agony, not to mention people saying why the f did you do that. well it's the only paint I had left.
Is the paint on the outside done in the original type of paint or that new type of crap that's as soft as butter and looks crap on them old cars, as you can see directly it's not the original colour then.
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Holden went all out with the bonnet release cable on those old girls didn't they. Just stick it around the edge will do.
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There is an SP1836 clip missing from the cable,but a bit of flex in the cable is beneficial. That particular vehicle got the Warrigal Black gloss finish from the factory from the photos I've seen. Edited by user Saturday, 22 April 2017 11:50:39 AM(UTC)
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Originally Posted by: gm5735 Actually, maybe not. It was passed in at 255K and then later sold for 312K
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There you go. The online auction page said "Bidding Completed" at $255k. That obviously doesn't mean it's sold.
So, Nick, it seems the more we critique the car, the higher the selling price.
Perhaps we should all band together and offer it as a service to vendors?
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Originally Posted by: castellan Originally Posted by: wbute Rough figures. New 69 Monaro was approximately 4K. A new house 27k (Sydney). Now the Monaro is worth 80 times more at 300K. The house worth 1 million in Sydney has only gone up 40 times its value.
I would look at it in that the average wage was X and todays average wage is X and then you have a clearer point of view to look at. Some of the Monaro owners I know will say that their Monaro is worth X because someone got X for one that is all original in mint condition, well old mate's was a 186S and now it's a 307 with a shabby interior and she is not going to get anywhere near them dollars in fact, but he believes it's worth what the best are getting top dollar for. I have a mate with a VC Brock but he is forking out X for rego and insurance and the Value don't look that good as an investment as what it once was seen to be. One day the arse may fall out of the price of the old Monaro's as the younger gen may look to something other as the bees knees, I have never had a thing for pre EH Holden's XR Falcons or RV1 Valiant's, so I assume the younger gen would have there turning off point generally as well. have heard others talk of the above in regards to one day the younger generations not being as passionate etc in the muscle cars etc of the 70's and so forth, its a valid point and obviously time will tell but personally I think their will always be people out there wanting to own these cars for different reasons perhaps because there father or grandfathers etc owned one or just because they love the cars the same way people want to own anything from bygone eras like older homes etc. Personally I would own any old Holden, HQ and LC Torana are the oldest Holdens I have owed but have always loved the EH and FC and even looked at a FJ FX ute for V8 conversion a couple of years back until I bought a 49 Chev Pickup, I'm 50 years and haven't until the last few years broaden my taste in cars I also own a 37 Dodge pick its not a car like the chev pick up that I grew up with but if your draw to something it doesnt matter what age it is. I am restoring a HQ Sandman and I have thought the same about it will anyone want it say 20-30 years down the track time will tell the market is certainly running hot at the moment I guess it depends if your in it for the money or the enjoyment of owning such a car as the chances are slim if you sold your pride and joy if you would be ever able to afford another again or even find a good example, live in the moment and enjoy I say.
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Originally Posted by: XX7Q Originally Posted by: castellan Originally Posted by: wbute Rough figures. New 69 Monaro was approximately 4K. A new house 27k (Sydney). Now the Monaro is worth 80 times more at 300K. The house worth 1 million in Sydney has only gone up 40 times its value.
I would look at it in that the average wage was X and todays average wage is X and then you have a clearer point of view to look at. Some of the Monaro owners I know will say that their Monaro is worth X because someone got X for one that is all original in mint condition, well old mate's was a 186S and now it's a 307 with a shabby interior and she is not going to get anywhere near them dollars in fact, but he believes it's worth what the best are getting top dollar for. I have a mate with a VC Brock but he is forking out X for rego and insurance and the Value don't look that good as an investment as what it once was seen to be. One day the arse may fall out of the price of the old Monaro's as the younger gen may look to something other as the bees knees, I have never had a thing for pre EH Holden's XR Falcons or RV1 Valiant's, so I assume the younger gen would have there turning off point generally as well. have heard others talk of the above in regards to one day the younger generations not being as passionate etc in the muscle cars etc of the 70's and so forth, its a valid point and obviously time will tell but personally I think their will always be people out there wanting to own these cars for different reasons perhaps because there father or grandfathers etc owned one or just because they love the cars the same way people want to own anything from bygone eras like older homes etc. Personally I would own any old Holden, HQ and LC Torana are the oldest Holdens I have owed but have always loved the EH and FC and even looked at a FJ FX ute for V8 conversion a couple of years back until I bought a 49 Chev Pickup, I'm 50 years and haven't until the last few years broaden my taste in cars I also own a 37 Dodge pick its not a car like the chev pick up that I grew up with but if your draw to something it doesnt matter what age it is. I am restoring a HQ Sandman and I have thought the same about it will anyone want it say 20-30 years down the track time will tell the market is certainly running hot at the moment I guess it depends if your in it for the money or the enjoyment of owning such a car as the chances are slim if you sold your pride and joy if you would be ever able to afford another again or even find a good example, live in the moment and enjoy I say. Generally I was saying as in the big dollars it may not be there, for what we have seen some are willing to pay nowadays, with the top examples. People are looking to cars as an investment is what I am on about. I knew a dude that bought 50 old Mercedes-Bens in the early 1980's as an investment, I don't think they would truly be worth a cracker now as a investment. One bloke I know as 6 Porsche 928's and they have no investment dollar value worth, but driving that sort of car makes any GT-HO or old GTS as just a rubbish car, so one needs the fan fair to get the big money. I don't think that the GTS Monaro's fetch big dollars in South Africa. Sure I met a bloke that said that the owner of a Austin Tasman had spent over $40,000 on it over the years, now that is a Austin land crab has the big 6cyl in it with twin carbys, not to mention the air original scoop that they have on the hood that goes right across feeding air into the beast, much like the Austin 1800 but wider and all.
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That reminds me of Austin 1800 a Land crab sleeper with turbo 6cyl that got around hunting for V8 victims, a bloke I know had a VN commodore V8 auto and got hosed off going up some hills pass Bundaberg by a land crab, he never has forgot that.
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Dose it seem strange to anyone that the bidding stoped at 155000k, and remembering that this car was expected to set a Australian record,then shortly after it sold for 312000 ( 2k above the white one) a long way from 255000? I wonder if the bidders or lookers of the white or platinum cars could see the value difference in Mick and Ben cars or what they are bidding on |
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Originally Posted by: 400bowtie Dose it seem strange to anyone that the bidding stoped at 155000k, and remembering that this car was expected to set a Australian record,then shortly after it sold for 312000 ( 2k above the white one) a long way from 255000? I wonder if the bidders or lookers of the white or platinum cars could see the value difference in Mick and Ben cars or what they are bidding on Yep strange and almost a little suspicious You're right thats a long way from the 255K pass-in price I wonder if Lloyds bought it themselves?
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Don't know if it's because it officially passed in, but it seems to be the only car not to specify a 7.5% buyers premium. It does seem like a strange coimcidence.
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Hi All
Well if nothing else, a great result for the owner. The new owner knows what he wants and (IMHO) is more concerned about getting the right car for himself rather than the money side of matters.
Could be that for him the two cars he bought in the last month are keepers and we might not see them again on the market for a long time.
These cars will now be parked with other nice cars helping to make for a great collection. So hats off to him.
One thing is for sure, the Monaro market is alive and well.
Cheers Nick.
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If i understand the Lloyds auction process correctly their sale pricing is inclusive of GST which inflates the sale price
If the car was sold at 312K the actual sale price would be $283,636.37 with $28,363.63 gifted to the government.
Private sales do not require GST to be added to the sale price and to me will always better value for money for a the purchaser and be a more realistic guide to a car's true value.
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The Monaro market may be alive and well and the auction houses are quick to promote their latest Monaro results. However it proved entirely another thing when l tried to get Shannons to increase the insurance sum on my 327. Is anyone successfully insuring their cars for more than $300k? (with the possible exception of those who are now paying $300 plus) What if you purchased your car years ago for a fraction of the price? Anyone else tried to increase their cover? Edited by user Monday, 24 April 2017 11:02:45 AM(UTC)
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Monaro HK 327 GTS
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Originally Posted by: Monaro23D The Monaro market may be alive and well and the auction houses are quick to promote their latest Monaro results. However it proved entirely another thing when l tried to get Shannons to increase the insurance sum on my 327. Is anyone successfully insuring their cars for more than $300k? (with the possible exception of those who are now paying $300 plus) What if you purchased your car years ago for a fraction of the price? Anyone else tried to increase their cover? They choke at around $250k for a near concours HK327 road car, but then yours is a one off, so that limit shouldn't apply. What does seem to motivate them is the threat of Lumley.
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Originally Posted by: gm5735 Originally Posted by: Monaro23D The Monaro market may be alive and well and the auction houses are quick to promote their latest Monaro results. However it proved entirely another thing when l tried to get Shannons to increase the insurance sum on my 327. Is anyone successfully insuring their cars for more than $300k? (with the possible exception of those who are now paying $300 plus) What if you purchased your car years ago for a fraction of the price? Anyone else tried to increase their cover? They choke at around $250k for a near concours HK327 road car, but then yours is a one off, so that limit shouldn't apply. What does seem to motivate them is the threat of Lumley. Theres a couple of HK's in Adelaide insured for 300K. There wouldn't be any insured for more than that . . . yet
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