#417 On Australian M/cars 495k'ms@$260,000

[HSV 088]

I Had Heard About This Cars Years Ago From A Friend Who Had Told Me About A Walkinshaw That Had Been Sitting In The Middle Of Nowhere In A Car Dealership With Those K's..he Never Managed To Find Out Where It Was & If It Was For Sale Back Then..looks Like The Current Owner Was The Lucky Guy,who Now Has Something Special On His Hands Now...but At That Price??...what Do You Guys Think...???are There Any More Walkys Out There With Ultra Low K's That Are Sitting Around Unregistered??>..






Please don't type in capitals - NZ EVLHSV

Link:http://www.australianmusclecarsales.com.au/muscle_view/105941

[NZ EVLHSV]

Hard to say what that car is worth, I guess if there is someone out there who has the spare coin and wants one then it will sell

I know if I won the lotto I would probably pay that much for a brand new walky to put in my games room :D

[sly]

Holy crap.I remember when street commodores did a feature on it while the dealer still owned it. They said they would sell it for $50,000. I remember even back then that was cheap but i was not in the position to buy it.That would have to be the best one out there. The chances of someone having one with less klm is doubtfull.

PS For what its worth someone could buy my car for half of that with change:o:o

[Walky49]

Remember that car in Unique Cars, the dealer had it on there show room floor for 10 years. They advertised it as a new car with a factory warranty and something like 100 kilometers on the clock.
Believe your right Sly, asking price was $50k from memory

[Mondie]

You can ask what you like, but that will never sell at that price !!

[killarava2day]

And never see the road either.

[ILLUSIV]

WOW!

It's a museum piece! Can't be driven on the rd, and engine/driveline would shit itself!

[sly]

You can ask what you like, but that will never sell at that price !!

I agree it probably is high but im sure it will sell for over $200,000.
With monaros and toranas hitting $200,000 and above. Here you have the chance to purchase possibly the best walkinshaw on the planet. In years to come it will probably be one of the few cars to challange HO,s in value. It will definately be a wise investment in years to come.

[Sin]

http://i31.photobucket.com/albums/c377/duracellphoenix/mag.jpg

Yours for 50k 9 years ago ;)

[Walky SS]

Yeah remember reading about that car way back.

Would be hard to drive with only those few kms on it. If I had i would put it in my lounge room instead of the musem - at least get some pleasure by looking at it every day.

To good for the shed!!!!!!!!

[HSV 088]

I agree it probably is high but im sure it will sell for over $200,000.
With monaros and toranas hitting $200,000 and above. Here you have the chance to purchase possibly the best walkinshaw on the planet. In years to come it will probably be one of the few cars to challange HO,s in value. It will definately be a wise investment in years to come.

even at 200k,i think this car will have a hard time selling...i think the car is spectacular in everyway & would be a good investment in years to come,but at 200k plus,is the market ready for this kind of money?...we all know there is no shortage of low km "top end" walkys out there for sale,and other walkys that keep coming out..but how many of the top end walkys at 100k plus have really sold??..let alone 200k plus..just my thoughts...

[ILLUSIV]

Agreed, I doubt it will sell at that price myself.

I remember seeing that article in SC's back in '99. I wish I had the $50k to get it!

That said, $50k with interest since '99, even if it sold for $260k, you would have made much more from property in that time period. So it wouldn't have been a great investment, but it would have been damn nice!

[sly]

even at 200k,i think this car will have a hard time selling...i think the car is spectacular in everyway & would be a good investment in years to come,but at 200k plus,is the market ready for this kind of money?...we all know there is no shortage of low km "top end" walkys out there for sale,and other walkys that keep coming out..but how many of the top end walkys at 100k plus have really sold??..let alone 200k plus..just my thoughts...

No shortage ???? There is still only a handfull on the market and few of those are really low klm ones.I would hardly say there is a abundance to choose from.It would only take a few sales for the current supply to dry up.I think we are just use too seeing no cars on the market.

[HSV 088]

i think that there are a few for sale out there,varying in k'ms too..unique cars had a couple for sale last month,muscle car stables has two popping up at a time frequently, australian muscle cars has them,ebay has them popping up..they are definatley coming out in recent times..what i do still believe is that some of the prices being asked are way to high for the market at the moment...with rate rises & all,people are just not going to pay 100-130k plus for a car that they didnt want to pay 30-60 for 18 months ago...its a big risk i think..but good luck to everyone who has,and who bought them at the right price &, are selling them now to cash in...just my thoughts..

[jim4680]

Yeah I agree, we have all seen muscle car prices rise over the last few years but I think things are starting to slow down now. Car dealerships are continuing to push the sales speel to try and inflate the market further but I haven't seen too many car sales of late!

[killarava2day]

Might retract my comment about prices. I picked my car up today and the bloke down there mentioned that the other Walki he had stored there, to which he kept commenting about just how good it was (whilst standing beside a DB9), sold a few weeks ago. Had under 10 thou on the clock and the owner let it go for 150K. Someone just came up to him and offered the coin and ah, well sold it.

[Walky49]

i think that there are a few for sale out there,varying in k'ms too..unique cars had a couple for sale last month,muscle car stables has two popping up at a time frequently, australian muscle cars has them,ebay has them popping up..they are definatley coming out in recent times..what i do still believe is that some of the prices being asked are way to high for the market at the moment...with rate rises & all,people are just not going to pay 100-130k plus for a car that they didnt want to pay 30-60 for 18 months ago...its a big risk i think..but good luck to everyone who has,and who bought them at the right price &, are selling them now to cash in...just my thoughts..


I think a lot of investers are seeing these cars go up in price and are starting to buy. Everyone, car enthusiasts or not, has seen the price of HO's and A9X's go up and are watching cars like Walkinshaws and Brocks.
Just because there is a few on the market, doesnt mean that you can buy one cheap;)

[sly]

Might retract my comment about prices. I picked my car up today and the bloke down there mentioned that the other Walki he had stored there, to which he kept commenting about just how good it was (whilst standing beside a DB9), sold a few weeks ago. Had under 10 thou on the clock and the owner let it go for 150K. Someone just came up to him and offered the coin and ah, well sold it.

Does he want two :)
Also the auctions lately seem to reflect a higher interest in holdens than fords. Maybe its time fot the monaros and toranas to cath up to the GT,s.

[sly]

i think that there are a few for sale out there,varying in k'ms too..unique cars had a couple for sale last month,muscle car stables has two popping up at a time frequently, australian muscle cars has them,ebay has them popping up..they are definatley coming out in recent times..what i do still believe is that some of the prices being asked are way to high for the market at the moment...with rate rises & all,people are just not going to pay 100-130k plus for a car that they didnt want to pay 30-60 for 18 months ago...its a big risk i think..but good luck to everyone who has,and who bought them at the right price &, are selling them now to cash in...just my thoughts..

Dont forget some of these cars are advertised a few ways like they might be on trading post as well as carsales and somewhere like musclecarstables and ebay. All being the same car.There still is not that many cars available considering there popularity.
I think the key here is GENERALLY speaking walkie owners will believe they are worth the money and those that dont own one will doubt there value.I think theres one thing for certain and that is in ten years the value of these things will be frightening. Sadely only the rich or long time owners will have one . Atleast they will survive and not be trashed thanks to many people like Craig and this site giving them the recognition they deserve.

[HSV 088]

fair call..i think time will tell with these & other muscle cars.anyway,they should be driven a enjoyed & admired for what they are..aussie muscle cars ,and a piece of history..

[walky301]

here here!!!! u seem to be forgetting one thing.... this walky is what u would call brand new there is hardly plentiful supplies sitting in showrooms... this guy can now ask what he likes... the last brock VL GROUP A brand new with only pre delivery kms only in the last mth or so sold for around $200,000 on the aussiemusclecarsales site so their are buyers out there.yeh its a whole lota cash but hey u aint about to stumble upon that car with those kms anywhere soon...its pretty much a one of,hence the asking price..

[HSV 088]

i agree that these cars that are offered with ultra low k's are a one off..yes,they can ask the money for them as a buyer is not going to stumble across a brand new car like that ever again..but,asking the big dollars and getting them is two different things..i know that vl group a apparantly sold for 200k,but how do we know forsure?..did it get 200k??....or is that what we are told???..200k is alot of coin for the vl brock,as is 260k for the 495km walky...if a serious investor wants a good return on his investment,he'd better hope that car doubles or more in the next 5-10 years for the huge price hes paid now,otherwise its not a real good investment then is it??...could have invested elsewhere..i think alot of these prices are driven by the car sites selling them,and the huge comission they stand to make out of the sale...its like they pluck the figure out of the sky and go with it..what if you cant insure your investment for that kind of money beacuse the insurance company thinks its not worth that???...you would have a bit of a problem then...just my thoughts

[NZ EVLHSV]

I don't think people really buy them as investments... there are other ways to make a lot more money

There are a few people out there with a lot of money who would like to have a brand new Walky sitting in there garage. $260,000 is a lot to me, but not some people

[Corsa]

Buying a car like that could only be classified as an investment as you certainly would not be buying it to enjoy using it. Whether the investment makes or loses money for the investor is a totally different story.
Corsa

[sly]

i agree that these cars that are offered with ultra low k's are a one off..yes,they can ask the money for them as a buyer is not going to stumble across a brand new car like that ever again..but,asking the big dollars and getting them is two different things..i know that vl group a apparantly sold for 200k,but how do we know forsure?..did it get 200k??....or is that what we are told???..200k is alot of coin for the vl brock,as is 260k for the 495km walky...if a serious investor wants a good return on his investment,he'd better hope that car doubles or more in the next 5-10 years for the huge price hes paid now,otherwise its not a real good investment then is it??...could have invested elsewhere..i think alot of these prices are driven by the car sites selling them,and the huge comission they stand to make out of the sale...its like they pluck the figure out of the sky and go with it..what if you cant insure your investment for that kind of money beacuse the insurance company thinks its not worth that???...you would have a bit of a problem then...just my thoughts

I dont think the car sites are pushing up prices. Actually there was a artical recently saying that some cars at auctions are selling for less than private sales indicating that private sellers are inflating there prices. These people live and breath cars and know the current market and adjust the sale price accordingly.If they asked inflated prices they would not sell and they would not get there commision. Sure i have seen some high prices but they appear to be selling so that would make then the correct prices.

I will say one thing about cars as investments. Sure there may be better options, Shares,property,Superfunds. But im sure that the people that spend hundreds of thousands on cars already have loads of shares and property and if they have a genuine interest in cars( Which im sure they do to some extent). Well the lucky a## holes have the chance to buy top notch cars and make some money with them as well. Just like the rich buy artwork, antiques etc. They dont put all there eggs in one basket regardless of what is performing better as a investment. If you were rich,sucessfull and a car lover. What would you do.
Its just sad that cars we could once afford are now worth so much that the average joe cant afford them.It would make me angry to know these cars are going to people that dont give a shit about them, I just hope they look after them which im sure they will.

[walky301]

i think its fair to say most average joes have had their chance so to speak at owning one of these icons we can now call them as they have been reasonably idle as far as resale values go in recent years and quite affordable on the 2nd hand market.its really only been with recent events and the changing markets for aussie muscle cars that we have seen this dramatic turn around which i dont think will reverse itself somehow.

[walky301]

Buying a car like that could only be classified as an investment as you certainly would not be buying it to enjoy using it. Whether the investment makes or loses money for the investor is a totally different story.
Corsa

AGREED!!!! i couldnt really see an investor paying upwards of $100,000 for a prime example walky and then letting the wife an kids go do the weekly shopping in it at coles and taking woofy to the vet!!!

[ILLUSIV]

It's still on AMCS... POA now.