Results 1 to 3 of 3

Thread: Auction prices

  1. #1
    4X4V8 Guest

    Auction prices

    I should probably keep this info to myself but you guys have been helpful with letting me know what a fair price is for these things, so here's another recent benchmark.

    I just bid on a 2000 4.0S with 147,000km at the auctions today. Didn't get it, and was surprised how much it went for with no logs or spare key, a coolant leak and sagging suspension,marginal tyres and no rego. Overal presentation was good, (even though a few panels had been repaired and and a great job, either) but it was starting to look knocked about inside. It also has an intermittant book symbol showing up on the climate control and the climate control wouldn't heat. The blower fan relays felt hot to touch and the yellow relay casings had a brown discoluration on the top suggesting overheating. Other stuff like brown engine oil and a cracked drive belt suggesting it hadn't been loved, but being a repo probably said that anyway.

    I spent quite some time chasing its service history - it had some, but it wasn't ideal. It had 3 susp compressors in about that many years.

    Anyway, bidding started at $8k with about 4 bidders and then it was between me and another bloke who looked like a dealer from about $9k on. I lost my nerve at $11k (already $1k more than I intended to pay). It went for $11,100. By the time you got it on the road and fixed the obvious problems it would've been $14.5k. Trying to sell it later with its patchy history would've been hard. It might be a $16k car on the private market today, but it was too much of a risk to save - maybe- $1500. Auctions are not always cheap.

    Still looking, still want to go broke owning a P38A, although am tempted to dip into the Disco II market, there's one going for just over $15k with only 73,000km atm...

  2. #2
    Join Date
    Jan 1970
    Location
    Adelaide Hills - SA
    Posts
    12,486
    Total Downloaded
    0
    Sounds like that other guy did you a favour! Better to start off with a much loved vehicle. Imagine the $$ he is going to have to spend to get it up to scratch - probably more than the $3K you think.

  3. #3
    Join Date
    Jan 1970
    Location
    Warburton, Victoria
    Posts
    4,693
    Total Downloaded
    0
    Your looking in the wrong auctions...
    Big City Auctions are overpriced and wound up by insurance company's
    Melb and Sydney are a joke for auction prices....

    Try places like Townsville and Perth and NT auctions.....
    You can see them online...

    Melb auction not that long ago...
    94 disco V8 auto dual fuel, SE with leather and twin roof.
    Auto fluid was brown and blown head gasket on V8
    $4k.......... about $2k to much

    95 smashed v8 auto disco, not one panel was straight and auto was ok, but engine blown head gasket. $2500

    then you find a sim car at Canberra or adelade for $1k

    Just what i have noticed....

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Search AULRO.com ONLY!
Search All the Web!