When are the 2nd hand prices going to soften then?

When are the 2nd hand prices going to soften then?

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robm3

Original Poster:

4,930 posts

228 months

Tuesday 1st July 2008
quotequote all
All this talk of impending recession, high fuel prices and the like and me eagerly waiting for a nice GTR to drop sub 30K mark as owners rush to offload toys to offset falling house prices etc...

BUT....no, prices are still strong and the cars still rare!

Will the Ultimas see a value drop? (que all owners saying "no way, it's too rare, you get what you pay for etc...")

But seriously, when times start to get tough bargains can be had no?

Anyhow, I'll keep waiting for a nice loaded GTR, preferably Black for circa 28K smile






robm3

Original Poster:

4,930 posts

228 months

Wednesday 2nd July 2008
quotequote all
highflyer said:
So Robin, which Ultima DID you own, ie old shape or new shape ? (sport, spyder or can-am, gtr)
I had a GTR kit that was never finished so I sold it, it was the new shape, lowered floor etc... just realised I'm a 'turn key' man in the end.

As a seperate story I did see a nice Black GTR on PH'er about a year and a half ago that dropped to circa 30K. Stupidly I posted on here if anyone knew any details about and some plonker said he'd seen it and it was rubbish, I was a bigger plonker as I took his word as gospel and didn't bother to see the car. Anyhow someone else brought it, posted how they liked it, then a load of others posted that it was a top car built by some aero engineer, Great!
So I keep looking, just a shame I don't fancy yellow as they seemed to be popping up a bit (the same one I see too).
I do wonder though if the Bear share market, impending recession etc.. will effect prices of all 'Toy's'.

robm3

Original Poster:

4,930 posts

228 months

Friday 11th July 2008
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Bloody hell, thoughts are answered.... Time to make contact methinks.

Just not sure about the wheels but figure the motor will be nice and reliable.

robm3

Original Poster:

4,930 posts

228 months

Tuesday 15th July 2008
quotequote all
andygtt said:
GTRCLIVE said:
andygtt said:
that looks interesting, wonder what the LS5 produces.
LT5 me old mate, and 405bhp 385lbs std.... Thats a nice engine for a Ultima... and a Bargin price...
sorry meant to put LT5.... the point is its a completely different engine to the LS.

still a bargain if all you want is 400 odd bhp.
Spoke to the chap on the weekend, he's interested in P/X my Elise Sport 160 (which in itself is a great little car) and that saves me the hassle of trying to sell it.
The GTR sounds a little tired by the owners admission but hey ho I like to drive em' not polish em'. While the LT5 HP is a little low the torque is nice and high and I've missed that in the Elise.

Was the LT5 the corvette motor that Cosworth set up?



robm3

Original Poster:

4,930 posts

228 months

Friday 25th July 2008
quotequote all
Scotty-Boy said:
Ask and ye shall receive!

NTDWM!

http://www.pistonheads.com/sales/603411.htm
I put my money where my mouth is and brought it.

Get it next Tuesday so watch for many "how do I....."/"Does anyone know a good...." kinda posts from me.

Cheers,

Robin.

PS Trackday pre-booked for 7th August as well, wish me luck!

robm3

Original Poster:

4,930 posts

228 months

Friday 25th July 2008
quotequote all
Graham-P said:
Welldone, shame about the colour though smile Are you going to bring it the factory day next Sunday (Aug 3rd) so we can all have a good look at that engine??
I'd bring it down to the factory but for two things:
1. My son is getting christened on that day and wifey wife would never, ever, forgive me for taking off and missing the after party she's been organising for the last month.
2. And more importantly the car is rather tatty and needs a good amount of TLC, looms tidying etc...

I can report though that the engine is brilliant, revs as well as my E46 M3 CSL did, just seems nicely balanced and feels about as quick as Ted's silver demo car (I think around 500hp yes?).
I guess it has circa 400bhp/400nm but the lads selling it have tinkered a little bit.

Now gotta get rid of the V6 number plate! It's a V8 guddamit man!


robm3

Original Poster:

4,930 posts

228 months

Tuesday 29th July 2008
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Damn, just when I'd brought one too....

http://www.pistonheads.com/sales/637413.htm