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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
    #76 moretti, Jan 4, 2014
    I'm pretty sure the gearbox from my car is running in Jim's car
     
  2. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,674
    Full Name:
    Mike
    #77 wrxmike, Jan 4, 2014
    Gee your car looked pretty good! No wonder you miss it.

    Now all I need is the motivation to wake mine from the slumber :)

    M
     
  3. simms

    simms Rookie

    Dec 31, 2013
    10
    Full Name:
    Richo
    #78 simms, Jan 4, 2014
    its more economical to scrap old parts and claim it as a tax write off

    a place where i used to work ( The K' place Hans ) does the same thing with old inventory and writes off 10 - 20 million worth of spare parts EVERY YEAR , the biggest one i oversaw was 36 million AUD from all the dealerships around the country in 2009.

    Its just economics , bean counters study for years at university so they can engage in environmental criminality like that.

    dont let it eat you up inside Hans , just laugh in its face like a man and cry when nobody is looking
     
  4. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #79 Hans Onthebrest, Jan 4, 2014
    which trade school was that Carl ? :)

    LOL

    no doubt long since 'acquired' by a trade school head teacher for a bit of home based research but it would be nice if you could satisfy my curiosity ?
     
  5. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #80 Hans Onthebrest, Jan 4, 2014
    lucky i am only 1/16 scottish but it still makes me cringe , what is the % figure they claim back on tax do you know ?
     
  6. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #81 moretti, Jan 4, 2014
    No rust but a tired motor and carpets, other than that and a bit more cosmetic sorting out and it was a great car.

    It cost me a fortune in the end as I HAD to buy 2 more Ferraris to replace it :)
     
  7. simms

    simms Rookie

    Dec 31, 2013
    10
    Full Name:
    Richo
    #82 simms, Jan 4, 2014
  8. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #83 Aircon, Jan 4, 2014
    Fixed
     
  9. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    #84 carl888, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
    Yes, it's an old warrior and a great track car. Here is #11760 in 2003 a few days before Targa Tasmania that year. First GT/4 to do a sub 2:00 minute at the Island, D'arcy did a 1:58 in it from memory in about 1993??
    Image Unavailable, Please Login
     
  10. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    #85 carl888, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
  11. RPN

    RPN Formula 3

    Jul 4, 2011
    1,097
    #86 RPN, Jan 4, 2014
    Last edited by a moderator: Sep 7, 2017
  12. FGT3

    FGT3 Karting

    Jan 10, 2012
    119
    #87 FGT3, Jan 5, 2014
    Gorgeous in Giallo.
     
  13. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #88 Hans Onthebrest, Jan 5, 2014
    gifted to Victoria High School in South Texas , who then sold it for $ 6500 prior to 1972

    last one sold for $ 54 million ?

    two prior to that 32 mill and 28 mill
     
  14. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    #89 carl888, Jan 5, 2014
    I think Peter missed this but that was his car, hit by a Golf driver on the phone whilst parked outside his parents place, 4 years ago approx. It was an exceptionally nice car, mainly because the original owner had filled every seam with waxoil upon delivery. I recall when the screen came out it was like new. I am sure Peter can fill in the rest.

    Car was Auctioned by the insurance company and sold for something like $19K to someone in Portland I think.

    These cars are easy to maintain, just a bit time consuming, and they tend not to break stuff if looked after. With the exception of some trim items and original sodium filled exhaust valves.


     
  15. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,933
    Melbourne, Australia
    Full Name:
    Carl
    #90 carl888, Jan 5, 2014
    $52M, but who's counting!
     
  16. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #91 Hans Onthebrest, Jan 5, 2014
    thankyou C888

    does anyone know if shannons auction their own "damaged vehicles" or do they go to the traditional pickles / Fowles group etc ?

    I know NRMA does their own but what about the rest ?

    and speaking of insurance , does everyone here find Shannons to be best or have any other insurers come to the table in the last few years that i missed ?
     
  17. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,223
    Sydney
    #92 IanB, Jan 5, 2014
    FFS that story is BS, it was a media invention.
     
    miurasv likes this.
  18. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    26,622
    #93 greg246, Jan 5, 2014

    Well how much did you pay?
     
  19. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,223
    Sydney
    #94 IanB, Jan 5, 2014
    you know the answer - $50K !
     
  20. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #95 Aircon, Jan 5, 2014
    Use your own lines
     
  21. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #96 Hans Onthebrest, Jan 5, 2014
    Last edited by a moderator: Sep 7, 2017
  22. Hans Onthebrest

    Hans Onthebrest Karting

    Dec 30, 2013
    67
    Sydney
    #97 Hans Onthebrest, Jan 6, 2014
    i copied and pasted this from another thread where it was a bit off topic

    in reply to debate on the black GT4 on ebay

    Quote:
    Originally Posted by greg246 View Post
    How much do you think it would take to get that car roadworthy? IMO you could buy a running car for $40k and still be miles in front AND be able to sell it if your personal circumstances change.

    --------
    to buy that car then finish the motor rebuild , cut out the rust , straighten up the bent body so the windscreen will fit , respray it , redo the interior , rebuild the suspension bushes and steering , replace other missing parts could cost $ 22 -26,000 in my estimation for parts and other trades , PLUS 300 hours of my time at $ 120 per hour = $36,000

    if you could get it for $17,000 ( + 24,000 parts and other trades ) , add $ 36,000 worth of my time

    total comes to $ 77,000 for a car that could be worth $ 45 - 55,000 now

    i would prefer to buy "a good one" for 50 - 60K and spend 300 hours enjoying the drive in it instead .

    and it would always have the shadow of its history hanging over its poor little head

    sure there are other vehicles being sold that have had accident damage too , but probably repaired right from scratch

    maybe someone younger who has less cash and more spare time could take on that one , if his time is worth jack then it may be be relatively more profitable

    its been a good educational exercise to research about the model , and what an eye opener reading through the posts by Simms . that and reading down the list of the sellers feedback is a text book example of " ebay horror story "
     
  23. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,792
    North Qld
    Full Name:
    simon klein
    #98 simon klein, Jan 7, 2014
    The black car is also listed on gumtree with 8 photo's
     
  24. RPN

    RPN Formula 3

    Jul 4, 2011
    1,097
    #99 RPN, Jan 13, 2014
    Last edited by a moderator: Sep 7, 2017
  25. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #100 Aircon, Jan 13, 2014
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