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Old 01-02-2008, 09:28 PM   #1
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Default Falcon GT Brisbane Motor Show
Don't think this has been posted but it appears that the most expensive vehicle at this years Brisbane Show is not some exotic Italian thoroughbred or other European work of art but a 37 year old Falcon.

The XY GT-HO Phase III is being auctioned by Shannons who expect the vehicle will fetch $780,000 when auctioned.
http://www.caradvice.com.au/9825/200...al-motor-show/

We live in interesting times, anyone going ? and if so a couple of pics of that GT would be nice.
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Old 02-02-2008, 09:08 PM   #2
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I wasn't originally going to go, but after seeing that Dick Johnson will be in attendance next Saturday, I'll be there with bells on! I'll definitely be getting pics of the GT though.
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Old 02-02-2008, 09:10 PM   #3
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Im going to head in one night next week. Good excuse to try out the new camera.
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Old 02-02-2008, 09:33 PM   #4
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Old 03-02-2008, 12:28 AM   #5
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Nice photos GTP, thanks for that, will be interesting to see if she is sold, this one must be one of the finest examples left.

Cheers.
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Old 12-02-2008, 08:12 PM   #6
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For those interested it appears the GTHO was passed in at Sunday's Auction.

Just as a side note I see that a 2007 Cobra sold for $92,000, they had a rrp of $65,000, not a bad little profit.
http://www.shannons.com.au/auctions/...1CFX4BB5R7XQ49
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Old 13-02-2008, 02:31 PM   #7
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Frosted Pewter manual phase 3 with history passed in for $700k... I think it's a sign that the collectable car market is starting to 'normalise'
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Old 13-02-2008, 02:48 PM   #8
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Originally Posted by fordAU
Just as a side note I see that a 2007 Cobra sold for $92,000, they had a rrp of $65,000, not a bad little profit.
http://www.shannons.com.au/auctions/...1CFX4BB5R7XQ49
Can't you still buy them new from FPV?
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Old 13-02-2008, 02:50 PM   #9
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Originally Posted by nitrane
Frosted Pewter manual phase 3 with history passed in for $700k... I think it's a sign that the collectable car market is starting to 'normalise'
Should have sold it.
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Old 13-02-2008, 03:05 PM   #10
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Originally Posted by cs123
Can't you still buy them new from FPV?
Yeah there's heaps on Carsales, a family friend was looking for one and located one last week brand new for $70k at a dealership
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Old 13-02-2008, 03:07 PM   #11
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Yeah there's heaps on Carsales, a family friend was looking for one and located one last week brand new for $70k at a dealership
And you would pay $90K for a secondhand one ?????
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Old 13-02-2008, 03:11 PM   #12
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This HO3 has been forsale for yonks.. it passed in at above current market value, just like every other car, they all passed in at above current good market values.. i think greed is getting the better part of people's judgement...



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Old 13-02-2008, 03:11 PM   #13
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Quote:
Originally Posted by cs123
And you would pay $90K for a secondhand one ?????
there are quite alot of people out there with alot of money, without the information/knowledge about the market to get 'best value for money'
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Old 13-02-2008, 03:12 PM   #14
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Quote:
Originally Posted by 4Vman
This car has been forsale for yonks.. it passed in at above current market value, just like every other car, they all passed in at above current good market values.. i think greed is getting the better part of people's judgement...
A good history?
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Old 13-02-2008, 05:28 PM   #15
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Quote:
Originally Posted by 4Vman
.. i think greed is getting the better part of people's judgement...
Yep. Couple that with people with enough knowledge to get them into trouble and a lot of cash and we have the current level of expectation.

What happened to the days when a millionaire was a shrewd businessman?
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Old 13-02-2008, 06:57 PM   #16
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The cashed up carefree buyers are gone, the market is more fickle, and buyers now are enthusiasts who are astute, there are and will be big dollar sales, most of which we wont see or hear about, but the cars will need to stand upto the most comprehensive checks and will need to be perfect examples to fetch these prices, also IMO pristine UNRESTORED cars will be the ones that attract the premium prices in the future, not over restored or tarted up cash cows...



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Old 13-02-2008, 07:00 PM   #17
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Quote:
Originally Posted by nitrane
Yeah there's heaps on Carsales, a family friend was looking for one and located one last week brand new for $70k at a dealership
That car is worth no more than $70k on road. Seriously, I cant think of one good reason why it should appreciate.

Has nothing to do with bathurst, its won nothing, if anything it might resell for a few $k more than the normal GT. Some people huh...
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