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| The Pub For General Automotive Related Talk |
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26-05-2010, 01:31 PM
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Matakana NZ
 
Join Date: Aug 2005
Location: Matakana NZ
Posts: 3,671
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Hope this is not a re post
Taken from NZ Stuff website Link http://www.stuff.co.nz/life-style/37...million-Holden A Cairns car fanatic is being forced to sell his multi-million dollar collection, including Australia’s most expensive car. A multi-million dollar collection of 25 rare Holdens, Fords and Chevrolets will go under the hammer on June 7, apparently to pay off debts. Included in the sale will be a 7.0-litre V8 Monaro concept car that reportedly fetched a whopping AU$920,000 when the owner purchased the car in 2007. It's one of just two HSV HRT 427 Monaro coupes, the owner of which reportedly turned down an offer of AU$3 million (NZ$3.69m) for, according to Queensland newspaper, the Cairns Post. Pickles manager Steve Allen says people should be ready to muscle up and get ready to bid on a piece of automotive history - particularly on the HSV 427. "It's anyone's guess what that's going to make," says Allen, and although he's unable to say what the car could fetch, it's fair to suggest it could well be a profit made on the day. "It's one of only two vehicles that were built, and one, as I understand it, is still with Holden in their coffers somewhere in the factory," says Allen. "In my time, I haven't seen a collection of Australian muscle cars quite like this. [Pickles Auctions] certainly has never had a collection quite like this," says Allen. Some of the other specimens on sale include the first ever 1996 model HSV GTS/R with only 80 kilometres on the clock (Build plate 001), and a 1988 HSV Group A Walkinshaw with just 55,000 km's (Build plate 003). Other rare offerings include: several Monaros, both early HK-HX models and six new-generation Commodore-based models; a 1978 XC Ford Cobra; a 2007 Ford GT Cobra, and a 1956 Chevrolet Belair. "This collection is priceless with some rare cars to be auctioned," says Allen. "For discerning buyers it is an opportunity to own part of Australian motoring history and is already attracting strong interest." The collection belonged to Shawn "Chooka" Ryan, and the cars are up for auction under the instruction of the receivers and managers of Ausco Firestop (NQ) Pty Ltd and Ryan Group Holdings Pty Ltd and other financiers. The Cairns Post claims these two companies are in debt to the tune of AU$10 million, which should give an indication of how much the cars will be on sale at the auction. The auction is to be held at Pickles Auctions Sydney at 4.30 pm on Monday June 7, and the cars can be inspected before the auction on the weekend of June 5 and 6. Online bidding is available for those who can't make it on the day. Less than two weeks ago, a rare Ford Falcon Phase 3 GT HO was passed in at auction for AU$350,000 after it failed to meet its expected sale price of AU$425,000.
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SOLD : BA XR8 4 Speed Auto in Mercury Silver, Bluepower CIA, Full Diffilipo Big Boy Quad System, Tune, 4.11 Diff Gears, FPV Starter Button, FPV GT Rear Spoiler, Tripod Gauges, PWR Trans Cooler. 230 RWKW's. Many thanks to Chris at Bluepower Racing Developments
Hers : F6X build #150 in Ego, Stock as a Rock, untill the warranty runs out, including the extended one. My Work Wagon AU Futura Wagon in Gold. On the Farm : Ford 6600 Tractor |
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26-05-2010, 02:03 PM
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FF.Com.Au Hardcore
Join Date: Mar 2008
Location: Melbourne
Posts: 10,839
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Reposted twice
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26-05-2010, 02:04 PM
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#3 | ||
Join Date: Dec 2004
Posts: 9,292
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Not exactly news considering the have been sitting at www.pickles.com.au for the last 6 weeks or so - and has already been discussed here too.
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01-06-2010, 11:57 AM
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Long live the Falcon GT
Join Date: Feb 2008
Location: Victoria
Posts: 1,630
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How did this auction go - it was yesterday!!!
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01-06-2010, 12:22 PM
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#5 | ||
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FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 4,167
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^^^^No matey, The auction is to be held at Pickles Auctions Sydney at 4.30 pm on Monday June 7, and the cars can be inspected before the auction on the weekend of June 5 and 6. From the story above.
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igodabigblackshinycar and I relented and allowed a BMW into the garage. 
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01-06-2010, 12:32 PM
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#6 | ||
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Long live the Falcon GT
Join Date: Feb 2008
Location: Victoria
Posts: 1,630
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Apologies - i stand corrected...
http://www.pickles.com.au/digitalAss..._7June_web.pdf
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08-06-2010, 02:17 PM
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#7 | ||
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FF.Com.Au Hardcore
Join Date: Jul 2009
Posts: 3,429
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Did anyone here go? Did they all sell? Prices?
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08-06-2010, 03:41 PM
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#8 | ||
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Starter Motor
Join Date: Nov 2007
Posts: 11
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Apparently the 427 Monaro was passed in with a top bid of $295,000.
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08-06-2010, 03:51 PM
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#9 | ||
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FF.Com.Au Hardcore
Join Date: Nov 2006
Posts: 1,280
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Man I would love to have that 427 monaro..... dream car. Shame it cannot be road registered.
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08-06-2010, 04:26 PM
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#10 | |||
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FF.Com.Au Hardcore
Join Date: Nov 2005
Location: Brisbane - Southside
Posts: 970
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Quote:
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2008 FPV GT - Auto, Seduce Red, Leather Interior, Herrod Performance Air Box with K&N Pod Filter. 2018 4WD Everest Trend - Blue Reflex. |
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08-06-2010, 04:42 PM
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#11 | ||
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FF.Com.Au Hardcore
Join Date: Jun 2008
Posts: 1,137
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Not much info out there regarding results, any big sales would be all over the news. Muscle car boom is over.
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08-06-2010, 10:54 PM
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#12 | ||
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FF.Com.Au Hardcore
Join Date: Jul 2009
Posts: 3,429
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I thought it would have been newsworthy enough but havent herd much about it.
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08-06-2010, 11:07 PM
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#13 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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These are some selling prices in no particular order:
VZ Monaro 1405kms $55000 HX LE Monaro $29000 HQ GTS coupe yellow $71000 HJ GTS coupe orange $47000 HT GTS $72000 HK GTS $69000 56 Chevrolet Belair $77000 VL Walkinshaw $80000 BF Cobra sedan $54000 BF Cobra ute $46500 Those prices do not include the buyers premium. I don't think the 427 or the XC Cobra sold.
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He who dies with the most toys is still dead |
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08-06-2010, 11:15 PM
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#14 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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and some more:
VZ GTO red 996kms $76000 VZ GTO yellow $66000 HSV Coupe 4 (AWD) $57500 2002 HSV GTS coupe yellow $53000 2002 HSV GTS coupe red $47000 VS GTS-R $90000
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He who dies with the most toys is still dead |
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08-06-2010, 11:27 PM
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#15 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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And one more:
Corvette ZR1 $55000
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He who dies with the most toys is still dead |
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08-06-2010, 11:38 PM
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#16 | ||
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FF.Com.Au Hardcore
Join Date: Mar 2006
Location: Adelaide
Posts: 574
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just a lazy 1.045 mill
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08-06-2010, 11:52 PM
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#17 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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Now he only has to find another 9 mill and he's out of debt...
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He who dies with the most toys is still dead |
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09-06-2010, 12:15 AM
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#18 | ||
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Regular Member
Join Date: Nov 2008
Posts: 354
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ZR1 for only 55k! and the GTS-R 90k!!!
coupe 4 sold a little low i reckon...only 57k... i reckon it could gotten more...imho |
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09-06-2010, 08:11 AM
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#19 | ||
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FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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Well it is interesting to note what the buyers actually considered collectible there.
Many of those case sold for "Car Yard" prices or even less..... |
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09-06-2010, 10:25 AM
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#20 | ||
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Long live the Falcon GT
Join Date: Feb 2008
Location: Victoria
Posts: 1,630
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The BF Cobra GT and Cobra Ute certainly didn't fetch much...
Though me thinks that FPV marketting got this one out at the right time during the boom and snagged some sales to excited people in the market that were caught up in the moment... Very interesting all the same...
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09-06-2010, 10:29 AM
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#21 | ||
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FF.Com.Au Hardcore
Join Date: Oct 2005
Posts: 1,094
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Im surprised the GTS-R fetched more than the Walkinshaw.
3 years ago most of those cars would have fetched a lot more than what they did. |
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09-06-2010, 11:39 AM
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#22 | |||
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FF.Com.Au Hardcore
Join Date: Nov 2006
Posts: 1,280
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Quote:
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09-06-2010, 07:53 PM
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#23 | ||
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Starter Motor
Join Date: Nov 2007
Posts: 11
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From the Daily tele:
IT'S hard to keep a low profile when you're 213cm tall and a millionaire sports star to boot. But that's just what Australian basketballer Andrew Bogut was doing on Monday night when he turned up to bid at the auction of the most expensive Australian-made car in history. The vehicle in question - a 2002 HRT 427 Coupe - one of only two ever made, sold two years ago for a whopping $920,000. It had no log book, no owner's manual, not even a spare key, and with a top speed of 299km/h it can't be registered in NSW. Not that it mattered much to Bogut, who is based in the US on a five-year, $75 million contract with the Milwaukee Bucks NBA team. The 25-year-old pushed bidding to $305,000, but the car was passed in after it failed to meet reserve. It is understood Bogut, who has said his biggest dream outside basketball was simply "to have a huge car collection", is now negotiating for the prized wheels. The car was one of more than 20 Holdens, Fords and Chevrolets put up for auction by Queensland businessman Shawn "Chooka" Ryan. Two companies with which Mr Ryan was associated have been placed into receivership. HRT 427 Passed In |
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09-06-2010, 07:58 PM
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#24 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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One more:
XE Falcon turbo sold for $16000
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He who dies with the most toys is still dead |
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09-06-2010, 09:57 PM
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#25 | ||
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Petro-sexual
Join Date: Dec 2004
Location: Melbourne
Posts: 4,527
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All I'm thinking while reading this stuff, is that creditors are probably suffering and coming to grips with the fact that they will, most likely, not receive all they are owed from this company.
It's good to see stuff being sold off to recoup the costs though. Its a change from all the other closing business stories where the 'owner' doesnt 'own' anything and its all in family's names, etc. Maybe the story should be on how the business was able to get in to such a bad position in the first place. |
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09-06-2010, 10:42 PM
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#26 | ||
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FF.Com.Au Hardcore
Join Date: Feb 2006
Location: The Nanny State
Posts: 772
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Paying a world record price for a 2 door Commodore seems to have been a pretty good way to send the business belly up.
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He who dies with the most toys is still dead |
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09-06-2010, 10:51 PM
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#27 | ||
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Just another mock-up..
Join Date: Sep 2006
Location: In an AU Fairlane somewhere...
Posts: 9,966
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thats what i was thinking!!!
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Desire isn't driven by the heart, the mind or the wallet. Desire comes from another place. It's created by the smell of burnt fuel under full throttle and the look a car gives you when you're washing it alone at night... see my car here: Built my own TL50!!! [SIGPIC][/SIGPIC]
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10-06-2010, 06:43 AM
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#28 | ||
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FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 4,167
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The vehicle in question - a 2002 HRT 427 Coupe - one of only two ever made, sold two years ago for a whopping $920,000. The 25-year-old pushed bidding to $305,000, but the car was passed in after it failed to meet reserve
$615,000 loss in 2 years  EPIC FAIL
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igodabigblackshinycar and I relented and allowed a BMW into the garage.
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10-06-2010, 07:38 AM
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#29 | |||
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FF.Com.Au Hardcore
Join Date: Oct 2005
Posts: 1,094
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Quote:
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10-06-2010, 08:49 AM
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#30 | |||
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Matakana NZ
Join Date: Aug 2005
Location: Matakana NZ
Posts: 3,671
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Quote:
__________________
SOLD : BA XR8 4 Speed Auto in Mercury Silver, Bluepower CIA, Full Diffilipo Big Boy Quad System, Tune, 4.11 Diff Gears, FPV Starter Button, FPV GT Rear Spoiler, Tripod Gauges, PWR Trans Cooler. 230 RWKW's. Many thanks to Chris at Bluepower Racing Developments
Hers : F6X build #150 in Ego, Stock as a Rock, untill the warranty runs out, including the extended one. My Work Wagon AU Futura Wagon in Gold. On the Farm : Ford 6600 Tractor |
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Australian Muscle Car Sale
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