Daily Dreaming - what are you looking at?

Daily Dreaming - what are you looking at?

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Pommygranite

Original Poster:

14,268 posts

217 months

Thursday 10th July 2014
quotequote all
Hasbeen said:
Why scrub the tow bar?

Surely horse floats & box trailers deserve a little excitement too.
It looks like the cars 'prairie dogging'.


Bibbs said:
Active Automotive are now doing a $20k drive in, drive out LSA swap.

Think it's about 500kw and they do it to any VE/VF ..
That sounds phenomenal but what else would be required on top? Another $20k together it sensibly workable? Are you then at about $75k?


Pommygranite

Original Poster:

14,268 posts

217 months

Thursday 10th July 2014
quotequote all
I think to own it would be amusing but on the buying/value side of things -

1.The cheapest VE SS in decent nick is what, $20k. Add $20k for the package, then say $10k for the wheels and brakes and you are at $50k for a 7 yr old Commodore. Not a lot for 770bhp but a large chunk for for an older car.

2. If you have the cash, great, but its hard to get a decent finance deal on a 7 yr old car with say a balloon or low apr - therefore I would think you;d need to have $30k available for the mods.

Whats the thinking - would others do it?

But 770bhp would be 'interesting'.

Pommygranite

Original Poster:

14,268 posts

217 months

Friday 11th July 2014
quotequote all
What is it about them you don't like?

Question (which I'm not sure of the answer) but if you wanted a truck load of pwer for say under $70k or something quick, useable and modern what can you get that you can actually finance reasonably well?

For instance an E9# M3 08 is a fine car (I'd rather have than an HSV) or a E60 M5 but its hard to get balloon related finance on cars that old which means you are left needing to stick a chunk of cash in or on expensive per month cost.

Pommygranite

Original Poster:

14,268 posts

217 months

Friday 11th July 2014
quotequote all
Agreed - love the diversity.

I think I'm too tight to do it. Everyone who does it loses fortunes, some have mega issues that need permanently continuously fixing and the end result is a car worth the same/less than when you started burning $50 notes...but I do respect those who do it.


Pommygranite

Original Poster:

14,268 posts

217 months

Sunday 20th July 2014
quotequote all
$50,000 for a 7 year old FPV?



laugh



Ad says 9 sec 1/4 mile...

Ps found a video - nippy...
http://m.youtube.com/watch?v=S6Zbh8zdf0g

Edited by Pommygranite on Sunday 20th July 23:46

Pommygranite

Original Poster:

14,268 posts

217 months

Saturday 2nd August 2014
quotequote all
In a country where good handling is rarely required a love of lots of power, kit and just big engine is surely justifiable?

I mean yes it's pretty much an American Hyundai with a big engine but for some unfathomable reason I have much want for this- I mean at $45k for a 2013 its exceptional value.






Pommygranite

Original Poster:

14,268 posts

217 months

Sunday 3rd August 2014
quotequote all
papahet said:
Looks like a smashed Camry.

If the actual year of the car does not bother you there are some interesting / quirky options out there for under $50k.

http://www.carsales.com.au/private/details/Mercede...

http://www.carsales.com.au/private/details/Audi-RS...

For a really odd choice: http://www.carsales.com.au/private/details/Jaguar-...
laugh couldn't disagree with you there. The age is important due to the financing/depreciation offset requirements.

Still like it smile


Pommygranite

Original Poster:

14,268 posts

217 months

Monday 4th August 2014
quotequote all
papahet said:
Feels like madness to get in to finance and dealing with depreciation and offsets when there is a st load of cars out there for under $25K...even the previous gen Hemi 300C.
Actually it works out well.

For instance if you buy say a car that is over 5 years old for $25k then you are looking at normal financing without balloons (generally) and perhaps a slightly higher interest rate. If you borrow over 4-5 years it wont be worth a huge amount at the end.

If you go for a near new vehicle you can get a good balloon, good rate and a monthly cost pretty much at the same cost as the old car but the real kicker is that you can claim (in my case as its for business use) the depreciation offset against your personal tax bill.

This is why my old Falcon at $700pm Gross Cost to me became an end of year Net cost of about $300pm after tax return - near enough the same cost as the older car if I just financed outright.

Now there is the matter that at the end you have some value left in the older car once the loan is fulfilled but its perhaps offset against the luxury of having a near new car.

Makes a lot of sense once the financials are dealt with.

Pommygranite

Original Poster:

14,268 posts

217 months

Wednesday 6th August 2014
quotequote all
Or...if your car does 20,000kms pa and 16,000 of that was business use then 80% of your usage is deductible.

So if your car service was $100, $80 is deductible (80%) which if your tax rate is 40% means $32 comes back as a rebate (if you've paid full tax on PAYG). Or something like that.

With regards to depreciation, I think 25% of the cars purchase value is deductible in the first year, so if your car was $40k, $10k is deductible and with a 40% tax rate means $4k comes back in your return, which if your car isn't $600 pm finance cost has really only cost $3200 in the first year. Or something like that.

Once a car is older than 3 yrs the depreciation schedule doesn't give a great return, hence many cars getting ditched at 3yrs old and explaining why a new/ish car can be a better financial deal than an older cheaper car.


Pommygranite

Original Poster:

14,268 posts

217 months

Wednesday 6th August 2014
quotequote all
robm3 said:
Talking Finance Deals I see the Lotus Dealer's now have 2% on offer...

Makes me think about this:

http://www.carsales.com.au/bncis/details/Lotus-Exi...

Except I'd definitely lose my licence.


While on that matter and using 'man-logic' to the max, I could just about stretch to this:

http://www.carsales.com.au/private/details/Mclaren...

Assuming he'd take my 2014 Range Rover Vogue as a part/ex that is.
Do it!

Actually what's the RR like? They look fabulous.


Pommygranite

Original Poster:

14,268 posts

217 months

Thursday 7th August 2014
quotequote all
Bibbs said:
Saw a LHD classic 911 yesterday.

Bit tatty round the edges, modern wide tyres, one bucket seat and the rest of the car fill of camping kit.

Nurburgring sticker on the boot.

Looked quite nice and got me thinking.
Now that's living


Pommygranite

Original Poster:

14,268 posts

217 months

Friday 8th August 2014
quotequote all
Colonial said:
Black Honda NSX on the afternoon peak hour freeway commute.
Lovely, just lovely.

Pommygranite

Original Poster:

14,268 posts

217 months

Monday 1st September 2014
quotequote all
PomBstard said:
Whilst I’ve always fancied having an E24 BMW M635CSi, the want for an E28 M5 is magnitudes higher. Don’t try to reason with it, it just is. Checking prices in the UK, it seems GBP20k+ is now the norm, though who can tell, with the ads 4 Star Classics keep out there. Maybe GBP25k is more like it.

Anyway, Classic Throttle Shop have one in stock, of course its in great condition, ad says POA. So I went to have a look, thinking, “GBP20k is probably AU$60k.” It’s a hell of a stretch for me, and I started thinking of all the things I’d willingly give up in order to get to that number.

I won’t be buying it, as $60k is still shy of the asking price, and I just can’t see how to get any more. But, just for the purposes of humouring me, can I ask for some guesses as to the asking price.

As an aside, the dark blue Testarossa they have is simply stunning and worth the trip alone.
$84,950?


Pommygranite

Original Poster:

14,268 posts

217 months

Monday 8th September 2014
quotequote all
So why all the love for the Liberty?

I imagine its like a jap 5 series (and I say that in a good way).

Pommygranite

Original Poster:

14,268 posts

217 months

Monday 8th September 2014
quotequote all
WeirdNeville said:
Pommygranite said:
So why all the love for the Liberty?

I imagine its like a jap 5 series (and I say that in a good way).
Subarus just wear their heart on their sleeve. No smoke and mirrors, just reliable, practical transport. Which makes them sound dull... and they can be... but then one wintery evening they pull you up a sleet covered hill or out of a bend you went into about 20% too hot, and it feels like the car actually cares about you.

Then they do a head gasket.
You had me at...head gasket....


Pommygranite

Original Poster:

14,268 posts

217 months

Friday 12th September 2014
quotequote all
robm3 said:
Oh my that Jag is fabulous. Thats an awesome daily driver. I saw a 'boggo' silver one in an underground car park recently and it was the first time in a long time i've stopped and had a look round a car - stunning. Good choice.

However the weekend car has to be WN's Escort - sublime.



Pommygranite

Original Poster:

14,268 posts

217 months

Friday 12th September 2014
quotequote all
Strangely alluring. For hacking up and down the freeway every day it must be a pretty pleasant place to be.

http://www.carsales.com.au/private/details/Volvo-S...

2007 Volvo S80 V8 - 110k kms, $17k.


What are the thoughts? engine made of chocolate and dynamics from the 70's?





Pommygranite

Original Poster:

14,268 posts

217 months

Friday 12th September 2014
quotequote all
Hitch78 said:
A mate had one in Dubai. The engine is a Yamaha and a peach, drive is dull, seats amazing, stereo good; perfect for the Dubai - Abu Dhabi - Dubai commute he had it for.
So basically perfect for here too!



Pommygranite

Original Poster:

14,268 posts

217 months

Saturday 13th September 2014
quotequote all
Lambchopski said:
Pommygranite said:
However the weekend car has to be WN's Escort - sublime.

Do you know the owner? Will it ever be for sale? redface

Any interior shots or spec list?
WN posted it so not sure - Jon?


Pommygranite

Original Poster:

14,268 posts

217 months

Sunday 12th October 2014
quotequote all
WeirdNeville said:
Currently looking for the UK car still.

GOt a serious hard on for this BMW 335i touring manual.

Everything looks very cheap all of a sudden!

More likely to end up with a 2.5 Turbo Forester though. Ugly as sin, but a Legacy won't fit on our drive and the Mrs likes Foresters.....

'Dreaming' of a Forester. Shoot me now.
If you could get 7 yr old 335's here for $16k you sure wouldn't have a forester! Do it, bet you it's a nicer drive than the forester.