Thread: Not only Defender prices going up?!

Only goes to show what sort of sentimental fools there are out there with far more cash to burn than what the item is worth..

Interestingly, nondescript versions of classic Mercs seem to be reasonably priced and plentiful. Anyone for a W108?

Originally Posted by Tombie

Only goes to show what sort of sentimental fools there are out there with far more cash to burn than what the item is worth..

Not necessarily so, who is placed to say,..."what something is worth"?..I reckon the market decides that.
You know as well as I do, anything is worth "äs much as someone will pay". The trick is to know "what" someone will pay, when it comes to collectables.
And who can tell the future,...Ferraris have been going up "for ever".
I can remember, in the seventies, when in Melbourne, the prime space to see your used car was in the Saturday Age. Anyway there was a Ferrari advertised there for well over 6 months, but it eventually sold.
Subsequently, several years later I was talking to a friend of mine who had several classic cars & I asked him how he could own them. He said, well there was this Ferrari advertised in the Age, (well under $10K) which nobody wanted so I bought it. Very shortly after buying it, He researched its history & found out it was one of only 7 made in RHD,....and it became worth,..a FORTUNE,....got him started very well,...He now owns several Bentleys, Ferraris, & various other exotics,.....and I doubt He'd loose dollars on any of 'ém.
Unfortunately, I've never had the "judgement" to be really successful in my vehicle "transactions",..no matter, I've loved the cars I've owned!...that love not ever being reflected in my bank balance!
All is good, Pickles.

As I said previously still stands...

A car is worth nothing because they made a few - it's just a lump of metal.

Humans add a ridiculous value to it based on:
No one else has one
It was what Dad had
I wanted one as a child
The builder was "unique"

In much the same way a picture of a Can of Soup isn't worth more then the Canvas and Paint used to make it.

Originally Posted by Tombie

As I said previously still stands...

A car is worth nothing because they made a few - it's just a lump of metal.

Humans add a ridiculous value to it based on:
No one else has one
It was what Dad had
I wanted one as a child
The builder was "unique"

In much the same way a picture of a Can of Soup isn't worth more then the Canvas and Paint used to make it.

Thats a bit overly simplistic as true as it may be, its not what happens in real life though. If they made millions of them then they wouldn't hold much value, exclusivity creates demand and demand dictates the value.

Some people think cars are worth more if they are shiny.
Some people think cars are worth more if they are weathered.
I reckon it's personal preference. VE Commodores don't do much for me but a VR/VS commands my interest.

Originally Posted by Tombie

Only goes to show what sort of sentimental fools there are out there with far more cash to burn than what the item is worth..

Funny how it goes.
I had an XA coupe 351, FMX auto, 9 inch blah blah blah. paid $1500 for it in 1986
Burnt fuel at an astounding rate didnt handle despite its suspension mods and so on ... loved it but would never pay the money some are asking for what is essentially wreckage of these things let alone the apparent "good" ones. (ford/Holden pretty much irrelevant)
And the good ones are no different to mine which was "good" at the time,neither are they particular unique

Sentimental value indeed for the most part and only a handful with historical "race" pedigree to justify a premium.
Id like to have it still though, I would sell it in heartbeat and pay off the house.
But if I had all the cash I ever wanted, id probably buy something just for sentimental reasons.
Bah.. now I'm reminiscing my old cars.
What a contradictory post...red wine

Originally Posted by strangy

Funny how it goes.
I had an XA coupe 351, FMX auto, 9 inch blah blah blah. paid $1500 for it in 1986
Burnt fuel at an astounding rate didnt handle despite its suspension mods and so on ... loved it but would never pay the money some are asking for what is essentially wreckage of these things let alone the apparent "good" ones. (ford/Holden pretty much irrelevant)
And the good ones are no different to mine which was "good" at the time,neither are they particular unique

Sentimental value indeed for the most part and only a handful with historical "race" pedigree to justify a premium.
Id like to have it still though, I would sell it in heartbeat and pay off the house.
But if I had all the cash I ever wanted, id probably buy something just for sentimental reasons.
Bah.. now I'm reminiscing my old cars.
What a contradictory post...red wine

Yes, XA Coupes are worth very large dollars these days,...if you can find one,.....which is extremely difficult. Some might say that the Bathurst Edition Cobra Coupe is the ultimate,..one sold last week for $400K...once again,..pretty good appreciation.
Pickles.