GTHO 3 Barn Find Auction

[Captain Stubing]

The car was passed in at $430K.

Unfortunately, the value of these cars is dictated by how much anyone is willing to pay to own one. The guys who had one as a young bloke and wanted to own one again when they were cashed up are probably too old to buy and drive one now.

The cashed up middle aged blokes today are probably looking at different dream cars now.

[Sar4890]

Very brave or the other alternative for passing in at $430k. I think perhaps the halcyon days of million dollar or thereabouts GTHO's maybe gone. Who knows in years to come select E series and B series may ignite the collector urge in future generations based on the same emotions that got the GTHO to its lofty status.

[Ford17]

This always makes for an interesting topic.

Another case was quite interesting:

In February 2008, a GTHO referred to as "The Silver Ghost" reached $730k at auction, and was knocked back.

cm.jpg
http://www.couriermail.com.au/news/q...67c2476b707fcb

Brisbane owners Darren and Sheree Ross said although the bid was a record for the model, it failed to match the value it should in the niche market of classic Australian muscle cars.

"That car is worth every dollar bid here today and then some," Mr Ross said.

Then what appeared to be the exact same car ("The Silver Ghost") was then for sale in 2010 at 'Australian Muscle Car Sales' for $525k

amc.jpg
https://www.australianmusclecarsales...ver-ghost.html

[Mercury Bullet]

Originally Posted by Ford17

This always makes for an interesting topic.

Another case was quite interesting:

In February 2008, a GTHO referred to as "The Silver Ghost" reached $730k at auction, and was knocked back.

Attachment 97556
http://www.couriermail.com.au/news/q...67c2476b707fcb




Then what appeared to be the exact same car ("The Silver Ghost") was then for sale in 2010 at 'Australian Muscle Car Sales' for $525k


Attachment 97557
https://www.australianmusclecarsales...ver-ghost.html

Haha, great way to blow $200k.

I think this bloke might have made the same mistake.

Greedy.

[BENT_8]

Originally Posted by Ford17

This always makes for an interesting topic.

Another case was quite interesting:

In February 2008, a GTHO referred to as "The Silver Ghost" reached $730k at auction, and was knocked back.

Attachment 97556
http://www.couriermail.com.au/news/q...67c2476b707fcb




Then what appeared to be the exact same car ("The Silver Ghost") was then for sale in 2010 at 'Australian Muscle Car Sales' for $525k

Attachment 97557
https://www.australianmusclecarsales...ver-ghost.html

Isn't this the car that popped the bubble, bloke reckoned it would crack the 1 million dollar mark and was all over the media spruiking it, was passed in at 730k and later sold for half of his expectations?

'The castle' came to mind at the time...

[cro142]

Originally Posted by swanny

The car was passed in at $430K.


The cashed up middle aged blokes today are probably looking at different dream cars now.

Yep, this the heart of it.

[GO FURTHER]

I feel collectable car punters are starting to realise it is better to invest in a car with a more global appeal rather than an icon only admired by a limited audience down under for the longer term.

[Ford17]

Originally Posted by Mercury Bullet

Haha, great way to blow $200k.

I think this bloke might have made the same mistake.

Greedy.

I recall an applicable old-school management phrase from back in the day: "Sometimes the first offer is the best one".

[stock1991]

Originally Posted by Ford17

I recall an applicable old-school management phrase from back in the day: "Sometimes the first offer is the best one".

I have also heard it said, "your first loss is your best loss"

[pottery beige]

Originally Posted by XB GS 351 Coupe

Mainly because it is the way we communicate with the world.

Plus it's not grammar, it's using the completely wrong word. grammar is the way in which words are put together to form proper sentences, using the wrong word all together is not grammar, neither is spelling or typos.

There is a difference between a typo and just not knowing basic year four words, one is a mistake the other is ignorance.

The difference is knowing your **** or knowing you're ****.

And why do you always persist on commenting on my posts when they don't concern you or were never directed at you?

I don't have a train set, and really could not give two hoots about a well overpriced XY **** box owned by a dreamer who paid way too much for a car realistically worth 5K max...

[zoesgift]

have it on good authority the nugget car has now sold....to be fully restored I believe

[FairmontGS]

Originally Posted by zoesgift

have it on good authority the nugget car has now sold....to be fully restored I believe

I hope they retain the XB-GT prototype scoops for an authentic restoration

[zoesgift]

yeah so do I as I hear it was factory ordered that way by the original owner

[HO 3]

Originally Posted by zoesgift

have it on good authority the nugget car has now sold....to be fully restored I believe

Amusing, I now here crickets from the informed bench racers that were so keen to pass coment previously.

Cheers Mick

[zoesgift]

here here Mick. the trim in this nugget looks quite good in the pics as does the paint. id be taking the engine out and carefully cleaning engine bay and undercarriage. then the fun of finding parts of unobtainium begins if you were to bring the old girl back to concourse. otherwise stick a hotty in there leave the X numbered block in the corner and enjoy.

[DJR-351]

Originally Posted by zoesgift

h otherwise stick a hotty in there leave the X numbered block in the corner and enjoy.

Done that a couple of times in the past, always remember the questioning looks we used to get with the XWGT fitted with a Bob St Lawrence built 429, never did let on what it was lol, bugger thats a long time ago!

[zoesgift]

I just drive the ph2 around with 12 slots so it just looks like a mundane xwgt until someone recognises the sound of solid lifters

[HO 3]

Originally Posted by zoesgift

I just drive the ph2 around with 12 slots so it just looks like a mundane xwgt until someone recognises the sound of solid lifters

Ha, Ha, Ha........a few weeks ago I drove a Ph3 that had been layed up for maybe 25 years around the block with the wife in the passenger seat. First question from wife, what's that noise? My reply was flat spots in the tyres. They are original aquajet tyres. Next question from wife, what's that light on the dash? My reply the brake fail light darling. Next question from wife, will the brakes work at the end of the street? My reply, we'll find out. Priceless.

Cheers Mick

[BENT_8]

Originally Posted by HO 3

Ha, Ha, Ha........a few weeks ago I drove a Ph3 that had been layed up for maybe 25 years around the block with the wife in the passenger seat. First question from wife, what's that noise? My reply was flat spots in the tyres. They are original aquajet tyres. Next question from wife, what's that light on the dash? My reply the brake fail light darling. Next question from wife, will the brakes work at the end of the street? My reply, we'll find out. Priceless.

Cheers Mick

First thoughts are that it must have smelt terrible to be layed up for 25yrs with the Wife in the passenger seat.
But I once knew a hermit who lived with his mother, she died at the kitchen table and he piled up old news papers on her for years, when they discovered her she was beyond smelling so I assume the old XY was bearable by now........

[HO 3]

Originally Posted by BENT_8

First thoughts are that it must have smelt terrible to be layed up for 25yrs with the Wife in the passenger seat.
But I once knew a hermit who lived with his mother, she died at the kitchen table and he piled up old news papers on her for years, when they discovered her she was beyond smelling so I assume the old XY was bearable by now........

I'm sure there is a village out there somewhere still looking for you sunshine.

Cheers Mick

[Ford17]

Originally Posted by Ford17

This always makes for an interesting topic.

Another case was quite interesting:

In February 2008, a GTHO referred to as "The Silver Ghost" reached $730k at auction, and was knocked back.

Attachment 97556
http://www.couriermail.com.au/news/q...67c2476b707fcb




Then what appeared to be the exact same car ("The Silver Ghost") was then for sale in 2010 at 'Australian Muscle Car Sales' for $525k

Attachment 97557
https://www.australianmusclecarsales...ver-ghost.html

Bit of a bump.

Saw this car is for sale again - "best offer over $650k".

https://www.australianmusclecarsales...-ho-ho-ho.html

[cro142]

Is he dreaming?

What do you think?

[Ford17]

All I can see is these cars seem to fluctuate in value, which seems more to do with demand than supply?

[HO 3]

At the moment good warts and all original parts, unrestored is where the big money is for cars like this............unfortunately many restored cars invariably have too many issues that often hold them back.

Cheers Mick

[HO 3]

Originally Posted by cro142

Is he dreaming?

What do you think?

No not dreaming, just having a red hot go.

Cheers Mick

[roddy1960]

You think the classic old school dream Australian Ford to own , you say out loud
1971 Phase 3 GTHO. From day one three hundred were cars designed to race that anyone with the dosh could buy , register and drive on the public road.
Times were sure different then .
.

[zoesgift]

theres still some good buying to be had out there irrespective of whether I its a gtho or falcon 500 just need to look and not snooze too long

[Chopped]

On the other end of the scale, there is good value with the 90s / early 2000s cars. Just when it seems no one wants them and they aren't worth anything, that's the time to strike.

[au350hp]

There is always somebody prepared to pay your price. Something is only worth what somebody is prepared to pay on the day. Every collectable goes through good & bad periods. In my opinion, a true collectable GT will always hold value & appeal but if I was buying as an investment, I would consider a collectable Ferrari etc over a local product, simply as it is better strategy to buy a car with world wide appeal. I believe there will always be a demand for genuine muscle cars but whether or not the next generations do will be interesting to see. Cars have always held a fascination for man & true classics tend to rise to the top, but whether this includes a 6 cylinder XC Falcon as well as a GT-HO, only time will tell.

[zoesgift]

i think investing has killed the scene for many.....for those that way inclined keep americans cars left hook otherwise you have cooked your goose