$683,650 GTHO Phase 3

Daniel351 · 26-03-2007, 08:13 PM

The GTHO are making the cover of the Herald Sun!

http://www.news.com.au/heraldsun/

More about it,
http://www.news.com.au/heraldsun/sto...17-661,00.html

Supa R00 · 26-03-2007, 08:19 PM

Fair dinkum where will it end? will we see a million dollar baby in the not too distant future?

XR-ENVI · 26-03-2007, 08:20 PM

The most sought after muscle car in Australia!!!! But that price is amazing.
wonder if it comes in pink!!!

Narelle

Ford_V8 · 26-03-2007, 08:20 PM

Holy crap thats an absolute motza. It even managed to upstage brodie holland lol " COLLINGWOOD midfielder Brodie Holland has been fined $2,500 but escaped conviction for settling a late-night dispute over a taxi with his fist. "

JC · 26-03-2007, 08:20 PM

Insane. That is just a waste of good money.

Anyone contemplating anything similar, please PM me for my bank details - the money will be put to far better use.

bob 351 · 26-03-2007, 08:41 PM

Quote:

Originally Posted by JC

Insane. That is just a waste of good money.

Anyone contemplating anything similar, please PM me for my bank details - the money will be put to far better use.

i know it,s a lot of money but some people who have that sort of money consider this as a investment and it is a lifestyle thing

JC · 26-03-2007, 08:43 PM

Quote:

Originally Posted by bob 351

i know it,s a lot of money but some people who have that sort of money consider this as a investment and it is a lifestyle thing

I would encourage those people to become philanthropists and give me the money!

bob 351 · 26-03-2007, 09:01 PM

Quote:

Originally Posted by JC

I would encourage those people to become philanthropists and give me the money!

get in line me first

MITCHAY · 26-03-2007, 08:56 PM

Quote:

Originally Posted by JC

Insane. That is just a waste of good money.

Anyone contemplating anything similar, please PM me for my bank details - the money will be put to far better use.

Or me so I can buy a Lambo or something similar

:

cheap · 26-03-2007, 09:04 PM

I have a theory about these high prices.

Person A owes Person B alot of $$$$'s so instead of paying Person B in cash (and Person B having to declare alot of taxable income).

Person B buys something rare with a value that the "market determines" - something like a Phase III GTHO for $100K, then Person A buys the Phase III from Person B for $200K.

It is only a theory...

robs_ls1 · 26-03-2007, 09:11 PM

Quote:

Originally Posted by cheap

Person A owes Person B alot of $$$$'s so instead of paying Person B in cash (and Person B having to declare alot of taxable income).

Repayments of the loan principal are not assessable income to person B in your example.

Daniel351 · 26-03-2007, 08:21 PM

not to distant future alright! there only 400 thou off

:

36 years on and they are still getting in the paper

:

Bucknaked · 26-03-2007, 08:25 PM

I don't see the value. But each to their own. Obviously someone wants to pay that sort of cash for a car that you would be too scared to drive incase the crooks come looking for it. I wonder what the premiums are worth on a car like that.

atec77 · 27-03-2007, 11:27 AM

Quote:

Originally Posted by Bucknaked

I don't see the value. But each to their own. Obviously someone wants to pay that sort of cash for a car that you would be too scared to drive incase the crooks come looking for it. I wonder what the premiums are worth on a car like that.

I agree , it's silly , I remember the first GT I bought was 4500$ (xy)) makes me wonder what my collection woul dbe worth tidied up ( when I retire maybe) at this rate I would be wealthy , of course it has to top out when the blokes investing cant get the returns .

Bud Bud · 27-03-2007, 04:26 PM

Quote:

Originally Posted by Bucknaked

I don't see the value. But each to their own.

I don't know why some people think this is a waste of money. Some people will pay 5 plus Million for a harbour view while others will pay 4 or 5 times the face value for grand final or concert tickets. Some people still see this as a waste of money as well. It's all relative.

I say if you can afford it why not. Good luck to him! It is not like you can go down to the dealership and order one new.

Off topic, I know people that thought 40-50k was too expensive for a house back in the early to mid 80's. Some of these people are still renting after all these years @ $250-$300 a week today.

I wonder how much a genuine GTHO was valued back then?

GXL078 · 27-03-2007, 05:58 PM

Quote:

Originally Posted by Bud Bud

I wonder how much a genuine GTHO was valued back then?

about $12K according to the literature of the day

**Charliewool** · 27-03-2007, 06:58 PM

Quote:

Originally Posted by xcgxl

about $12K according to the literature of the day

Try around $5300!...
Sorry mate... just read again.. You meant in the 80's?... I was talking NEW

TTNOS8 · 26-03-2007, 08:27 PM

Cheap.....

:nutsycuck

:

XAGSV8 · 26-03-2007, 08:33 PM

People will pay for what they desire. If I had money to burn I would buy one too.

The Herald Sun don't know what they are talking about. The story to me seems more about daily drivers then a Phase 3.

4Vman · 26-03-2007, 08:45 PM

At this rate i think I'll have one forsale very soon...

SP.UTE1 · 26-03-2007, 08:51 PM

Australias first million dollar muscle car comming up very soon. I have heard a rumor that a phase 3 GTHO went to America, from Melbourne, recently for $730K.

HLC · 26-03-2007, 08:57 PM

the fact that reps are even getting up to ridiculous prices is starting to **** me. i'll never get to own one cause they'll be too bloody expensive haha

BLOAN · 26-03-2007, 09:10 PM

Jeez, at this rate we'll see more phase 3's than were actually built in the first place! There are a lot of unscrupulous people out there! Buyer beware!!!!!!!! There are more re-shelled cars out there than people would have you believe!!!!!

rodderz · 26-03-2007, 08:50 PM

I am working for a guy at the moment who knows a guy who either bought this car or another at a similar price, apparently he's keeping it in a garage wrapped in airtight bubble wrap with a vacuum connected to keep out air and temp settings for the room!

Probably a good investment if you can afford it and price keeps rising, but I'de rather drive the thing

Psycho Chicken · 26-03-2007, 08:51 PM

I'd pay that much for a thread about GT prices to be free of people telling everyone what a waste of money it is.

JACK250 · 26-03-2007, 09:04 PM

Hmmm, top of the line Ferrari or a Falcon... Sure I respect these are awesome cars, but in the end it really is a Falcon..

Auslandau · 26-03-2007, 10:46 PM

Quote:

Originally Posted by JACK250

Hmmm, top of the line Ferrari or a Falcon... Sure I respect these are awesome cars, but in the end it really is a Falcon..

$500,000 Ferrari in 2 years time
$500,000 XY PH 111 in 2 years time

Pick the investment?

Sure the Ferrari would be more fun to drive (for the first 15 minutes) but in the end you need a hell of a lot more money to own one.

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**Falcon Coupe** · 26-03-2007, 10:55 PM

Quote:

Originally Posted by auslandau

$500,000 Ferrari in 2 years time
$500,000 XY PH 111 in 2 years time

Pick the investment?

Sure the Ferrari would be more fun to drive (for the first 15 minutes) but in the end you need a hell of a lot more money to own one.

The type of person who buys a $500,000 PH 111 most likely has a couple of Ferrari's in the garage anyway.

xbcool · 27-03-2007, 02:50 AM

Quote:

Originally Posted by Falcon Coupe

The type of person who buys a $500,000 PH 111 most likely has a couple of Ferrari's in the garage anyway.

yep everyone needs a work hack

:

TZENU · 27-03-2007, 08:49 AM

Quote:

Originally Posted by Falcon Coupe

The type of person who buys a $500,000 PH 111 most likely has a couple of Ferrari's in the garage anyway.

exactly... unfortunately your average person cannot spend 500,000 on a car... however someone who has a collection, well thats a different story!