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The Pub For General Automotive Related Talk |
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16-04-2017, 09:28 PM | #1 | ||
Regular Member
Join Date: Apr 2013
Posts: 35
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Just trying to establish whether or not prices for the BA XR8 have tanked yet or are they expected to go down in price even further in the future?
The reason I'm asking is that I have someone interested in swapping their 2003 XR8 (automatic) for my '66 VC Valiant Regal, which I'm confident will continue to go up in value. I'd like an XR8 but don't want to end up with a $5-6k car when the Val is worth about $10K as is, which is what this bloke is telling me his XR8 is worth (it has about 157,000kms on it). Thoughts? |
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16-04-2017, 10:42 PM | #2 | ||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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I don't think BA XR8's will be going up in value in the short term ( within 5 - 10 years).
However if you have one in excellent condition and low kilometres in 20 - 30 years from now, when they would be a real novelty on the road like XB, XC's are today, then it may go up in value. The trouble is the cost of keeping it registered and insured for 20 years would be at least $20,000, so would negate any inflation in price. You would make more money selling the car today for $5 - 6,000 and investing that in super or the stock market for 20 years. |
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17-04-2017, 01:01 PM | #3 | ||
Ford Junkie
Join Date: Jun 2006
Location: Canberra...
Posts: 361
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157,000 is good Kms. Best way to gauge it though is look at previous models and see what their prices are doing. BA XR's in general I don't think will be hugely collectible as 3 out of 4 BA's sold seemed to be an XR of some variety. Then again maybe that's what will make them desirable in the future...
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18-04-2017, 02:26 AM | #4 | ||
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Join Date: Feb 2005
Location: Kenthurst
Posts: 40,403
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I know someone that bought one not that long ago for mid-$5K for a similar age XR8 automatic. And similar kays as well. Still needed work to be done on it too.
Keep the Val.
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18-04-2017, 05:18 PM | #5 | ||
Professional Mouse Jockey
Join Date: Nov 2005
Location: SE Vic
Posts: 3,185
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Definitely keep the Val! Not an equal swap with a BA XR8 IMO.
A good condition BA XR8 is probably worth about 10K right now but the prices will keep falling whereas your Val will only go up. Cant predict whether a BA XR8 will be a future collectible but I would be thinking a BA/BF GT (obviously) or FG XR8/GT will be more collectible being they were the last of their kind and more powerful.
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18-04-2017, 05:21 PM | #6 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,590
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You can get a BA GT for $15k, I dont know how people justify $10k+ for any B series XR8.
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18-04-2017, 05:56 PM | #7 | ||
Donating Member
Join Date: Dec 2004
Location: Sydney
Posts: 1,940
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Amen to that. Sold mine in Jan 2013 privately and only managed to get $12,250 for it then, after being listed for several weeks asking $14k. Was immaculate; Blueprint with all the options ticked (18s, sunroof, premium sound, sports leather, tow bar, tints), and only had about 120,000 on it. Still miss it, but would think that the exact same car is only worth $8k at best nowadays, and a povo one worth $5k - $6k.
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My Resume: Current: Alfa Romeo Giulia Quadrifoglio in Vulcano Black MY18 Black WRX STi Spec-R Previous: '16 White FGX XR8 '09 Black FG FPV GT 5th Anniversary '04 Blueprint BA XR8 '97 Mocha Foam EL Fairmont |
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18-04-2017, 06:18 PM | #8 | ||
WT GT
Join Date: Jan 2006
Location: The GSS
Posts: 17,773
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I'll go against the flow - BA XR8 is a great car. But no autos - man-well only. Look for something around 100k kms. Future classic.
I reckon Valiants have had their day. I don't see much hope for future growth. At the end of the day what would you get more enjoyment driving? XR8 hands down. |
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19-04-2017, 07:42 AM | #9 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Location: Wollongong
Posts: 3,115
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if the val is only worth about $10k now its probably not going to increase too much in value, it definateley won't depreciate but it won't go up much more
plus it would be an expensive daily and you won't be able to park it on the street without worrying about someone stealing it the BA XR8 won't depreciate either but probably won't go up any time soon but you can park it safely anywhere but if i had the choice i would keep the val (or buy a BA GT) why not have both??
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19-04-2017, 08:14 AM | #10 | |||
FF.Com.Au Hardcore
Join Date: Nov 2007
Location: Riff
Posts: 12,405
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Quote:
15k BA GT's will be high mileage Roughies, hence why the Low K Gt's are in the 20k region.
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19-04-2017, 12:10 PM | #11 | ||
Donating Member
Join Date: Jun 2007
Location: Checking out soft furnishings....
Posts: 8,849
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I'd take a low k great example BAXR8 over a rough BA GT any day. I've been watching GTs for sale for over a year now. You won't get a clean low Km BA GT under 22k anymore. The upkeep of a rough GT would be very expensive as well. Personally I'd have a AUXR8 series 3 with rebel kit over a BA XR8 though. They are becoming rare now and good examples are fetching good money.
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19-04-2017, 01:00 PM | #12 | |||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,590
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Quote:
Understand there are some average examples, but there are plenty of GT's in the high teens that if you flashed $15k they would take it. Tickford XR8's are a different kettle of fish.
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Last edited by Polyal; 19-04-2017 at 01:10 PM. |
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19-04-2017, 08:20 PM | #14 | ||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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Neither car will make you rich as an investment in the short or long term so stick with the option that gives you the biggest smile.
Life is too short.........
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19-04-2017, 08:30 PM | #15 | ||
FF.Com.Au Hardcore
Join Date: Jun 2009
Posts: 18,989
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keep the val ;)
Last edited by pottery beige; 19-04-2017 at 08:35 PM. |
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22-04-2017, 11:44 PM | #17 | ||
Regular Member
Join Date: Apr 2013
Posts: 35
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Thanks for the replies boys, as one of you stated; why not have both?, I'm keeping the VC and will look until the right XR8 comes up. Yes, I don't like the idea of leaving the Val parked anywhere, way too easy to steal these old cars and too many lowlife pricks willing to do damage. This is the VC. Cheers.
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24-04-2017, 12:36 PM | #19 | ||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 5,110
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Tidy Val...very nice.
The guy wanting to trade for an XR8 knew he was onto something. Keep the Val. |
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24-04-2017, 12:49 PM | #20 | ||
as in chopped
Join Date: Jun 2007
Posts: 1,991
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Keep the Val
BA XR8s are a dime a dozen in comparison
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24-04-2017, 04:24 PM | #21 | ||
FF.Com.Au Hardcore
Join Date: Feb 2013
Location: Perth
Posts: 830
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What are E series or AU XR8s worth? Mint condition with low kms are getting OK money but just run of the mill OK condition ones are cheap as. In 10years you will be in the same boat and the Valiant will get many more looks.
Valiants rock, hang onto the old girl!!! Just like the one my dad had in the 70s but his was red! |
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24-04-2017, 05:08 PM | #22 | ||
Regular Schmuck
Join Date: Dec 2004
Posts: 5,640
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I'd keep the VC. Looks pretty straight and rust free. Always love the front of the late 60's and early 70's Vals. VH Charger was my dream car back in the day.
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