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Australias First $1m Car


Adrian6T

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Madness, considering you could build a very accurate replica for under $50k.

Car Value = $30k

Compliance Plate Value = $970k

I prefer cars, personally.

:crybaby:

,.

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Hmmm - 1 GTHO or

A Ferrari 355 for Saturdays, a GT40 for Sundays, an EVO X rally car for fun and a different hot road car for every day of the week.......

With enough left over to buy some other cool stuff to play with when you get bored of the cars .........

Edited by Beaker
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  • No boost, no bottle, just my foot on the throttle!
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Rest assured it will sell for that money.

People are not buying them for anything but investment. Saying it is not worth it is like saying a Picasso is not worth $50mil. It is a $500 frame, some canvas and painted badly by some dead dood.

The Phase4 is the ONLY ONE and would be an awsome investment for $2mil as the other one is a racecar and never went down the production line. The one owned by the dentist is the sole survivor and worth whatever someone will pay for it.

In 1991 I bought a RT charger for $3,000 and sold it 6 weeks later for $9,000 without touching it. It was sold last year fully restored for $90,000 :crybaby:

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Well you think that's pricey, there is a sydney dentist that is a car collector whom owns the only road registered phase 4 GT it's green doesn't have much kms on it he's looking to sell the car for........... wait for........$2 Million......

its spent the last 20 od years bricked up in a garage... hard to get kays on it like that

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its spent the last 20 od years bricked up in a garage... hard to get kays on it like that

The sad thing about these cars now is they get locked away never see the road again....no one gets to see and appreciate them for what they are

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Might be a good investment but whats the point?

A car you dont drive, park it in the garage of the designer house you dont live in.

Spend $30 thou or so on a replica and enjoy building and driving the bastard.

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  • Member For: 22y 2m 3d
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It will sell for an amount similar to what is being asked for it.

As has been pointed out, you are not really buying a car, you are buying an asset with the view to make money. As Zap mentioned, it is like buying art - the worth is far more than the some of its parts.

Its probably going to be a facet of some rich bastards superannuation portfolio along with shares, property and the like - possibly not ever to be used by the buyer.

It shows that there must be some value in Aussie muscle cars - without the demand they wouldn't even dream of asking these types of dollars.

Edited by Ghia
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  • I see red
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Might be a good investment but whats the point?

A car you dont drive, park it in the garage of the designer house you dont live in.

Spend $30 thou or so on a replica and enjoy building and driving the bastard.

Because it's an investment.

The idea is to make money from it.

You might pick up a slightly rough "look alike" for $30K, doubt you'd get a proper "replica" for that. Sure couldn't build one (replica) for that. A so called replica but with a number of unoriginal parts just sold for over $53K on eBay - http://cgi.ebay.com.au/ws/eBayISAPI.dll?Vi...DME:B:WNA:AU:12

Edited by Falchoon
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