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GT4 value

Discussion in 'Australia' started by Hans Onthebrest, Dec 31, 2013.

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  1. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    Was she happy you got rid of her ?? :eek:
     
  2. RPN

    RPN Formula 3

    Jul 4, 2011
    1,097
    #52 RPN, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
  3. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    I had enormous trouble getting rid of parts that could not be freighted. 95% of the parts were exported, the number one markets for my sales were the USA, Germany and Belgium. Very few parts stayed here apart from what I mentioned in my previous message.

    I would have thought items like glass, door skins and decent panels would at least be able to be given away, but they were not. No one was interested, even for free. A bonnet ended up in a friends pool room along with a front 1/4 but the rest went to scrap.

    It was a very odd feeling indeed to cut up a 308 GT/4 and place it in a skip, very sad.

    I have a feeling things would be a little different now, with renewed interest in older cars in general, and people willing to spend money on recommissioning and restoration of the GT/4.
     
  4. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,933
    Melbourne, Australia
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    Carl
    #54 carl888, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
    Actually she was lovely, 19 at the time lol. Anyway, things were back to normal when I decided I needed a hairdressers 308 as well.
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  5. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,933
    Melbourne, Australia
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    Carl
    #55 carl888, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
    Getting a bit off topic now, this was the view from my old workshop in East Melbourne, Syd Ls 355 Berlinetta F1 (First F1 delivery for Australia) and my glass 308 circa 2000.
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  6. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    26,622

    Ladyboys?
     
  7. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
    17,160
    Adelaide, South Aust
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    Steve
    I think it's #31501
     
  8. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    No, sew and grow.
     
  9. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    GV was going to take the chassis from my GT4 but logistics proved too hard and it ended up at the tip along with all the body panels, motor/gbox and diff plus steering box went for $9k , wheels for $1k interior for $2k and the rest to NSW for $2k

    Also funny that I was accused of NOT getting the oil in the gbox changed every year when I was the SEVENTH owner !!

    I was checking the receipts tonight and found that Cants in Brisbane changed the oil every year it went to them for the annual service while I owned it
     
  10. moretti

    moretti Five Time F1 World Champ
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    Nov 1, 2003
    59,757
    Australia
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    John
    Run away :eek:
     
  11. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,933
    Melbourne, Australia
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    Carl
    Should definitely be prefixed by a "0" Steve. I can't see any number on my screen however!
     
  12. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
    17,160
    Adelaide, South Aust
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    Whoops! I must have my scotch-goggles on.

    01501 it is!
     
  13. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    Courtesy Simms i have a copy of its last sales docket and can verify it is 01501

    It's heartbreaking to think that much much better cars than that have gone to the knackers yard while that one floats around burning fingers of all who touch her
     
  14. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #65 Hans Onthebrest, Jan 4, 2014
    Last edited: Jan 4, 2014
    Very sad indeed but you can't store everything . Otherwise you would end up like me with unrestored motorcycles in boxes everywhere , (I knew a guy who owns 72 vintage triumph triples) 8o)

    A very well respected name in Italian motorcycles in sydney was lucky enough to purchase several tonnes of Ducati parts from the factory in the 1980's , the factory was going to scrap them , their value now ? Priceless

    Such is life
     
  15. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
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    That 308 GT/4 with frontal damage was definitely repairable. In fact it crossed my mind to do so. It was a uk car, tourist delivery with its original books and tools. It was going to cost something like $60k to do it properly. But that's over $120k of today's money. The silver 308 GT/4 listed at Cummins for sale presently makes absolutely perfect sense even if it is $100k. It would be impossible to make a scruffy, neglected car that good for the asking price (assuming it is that much!!).

    It is important to not only factor in the opportunity cost of the money when dealing in slow moving parts but also the storage costs which can escalate alarmingly over many years. I hope your Sydney Ducati contact did well from them.

    Perhaps we can all take solace in the fact that some GT/4s have died and in the process have allowed others to live, that otherwise may have been scrapped. It really wasn't that long ago a 250 GTO was donated to a trade school for training purposes becuase it really had no other value.
     
  16. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
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    What sort of idiot would make that sort of allegation?
     
  17. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
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  18. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    Thanks Aircon

    Are those old photos or is that a current 'event' and is it going to auction ?
    Is it stat write off ? Curious what they sell for.

    I would prefer to look at examples with sound body and chassis ,mechanicals are easy for me to do , however I don't mind the thought of accumulating a couple if the price is right and just stack them up on pallet racking so dust has somewhere to hang out. ( until I have time to tidy them up).

    I agree that it's often going to end up cheaper to buy a complete undamaged car with provenance rather than pour money into a deathbed example , or buy the car for 60-80,000 that somebody already spent $100,000 on.

    I work on more sophisticated machinery than these , old school cars 1960 - 1980 are easy to get my head around ,but start talking about late model cars with several computers , 25 sensors throughout the vehicle and 6 km of wiring then i just don't have that much panadol

    Real mechanics are a dying breed , these days a mechanic is a "new parts fitter" with a laptop under his arm and might invoice you $2000 for fixing a $100 problem .
    these older cars in good condition still have appeal. :)
     
  19. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
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  20. wrxmike

    wrxmike Moderator
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    Mar 20, 2004
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    As far as I'm aware , this GT4 is the highest sale in recent times. 90k Euro at the Essen Motor Show ( Germany) in early 2013. Looks very straight, gaps line up nicely.

    GT4 verde germoglio @ Techno Classica__Essen | garage gt4

    Love the colour, real 70's style.

    My parents had laminex kitchen benchtops in that colour .

    M
     
  21. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    26,622

    Beautiful, perfect colour for it. I'd happily have one in Arancio as well
     
  22. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #74 moretti, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
    That's a beautiful GT4 and was what I was hoping mine would end up looking like once I had the mechanicals up to scratch
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  23. FGT3

    FGT3 Karting

    Jan 10, 2012
    119
    No doubt the "Dino" connection will assist values to rise over time and my personal preference is not for perfect cars, rather for track or club based cars like Jim Reark's car. They may be far from perfect in many cases, but the history and stories and lap times count more to me. The honour of saving and using such a machine in anger. A bit like an old fighter plane.
     

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