The best-known guides during the period at the end of 2008 and early 2009 made hilarious reading (OK, to me they did). Everything lumpy or exotic fell of a cliff, and then as stocks ran dry and demand rose in January 2009, they rocketed upwards again. The guides were months behind and you mostly had to ignore them.
But the fact is, a car – any car – is only worth what someone is willing to pay for it at the moment they transact. And this is why I often have to count to 100 when I’m trying to strike a deal and my opponent says, “it’s worth more than that.”
I think the cleverest people always buy cars according to this rule. They work out what they would be happy paying. More often than not they are the ones people feel have overpaid for something, and five years later draw large profits having spotted a sleeper before the rest of us.
Where is this going? No idea. Well, rather sadly (and seeing as we're talking about GT-Rs today) it brings me back to an R32 Skyline I was admiring in the classifieds last night. I really must buy one or stop stalking them. Anyways, this one is quite expensive for a 20-year-old Datsun – £11,395.
I’ve been banging on about these for a while now, but the R32 is one of the most significant Japanese performance cars. It created a legacy that has outshone and outlasted the NSX. In fact take a look at the template for modern fast cars and despite Mr Trent’s excellent thesis on how Audi is responsible for the recipe, he was in fact wrong because Nissan was doing it 10 years earlier.
So it’s iconic, it appears to be beautifully modified, it has a power-to-weight ratio that could trouble many a modern, and to my strange aesthetic senses, it looks perfectly Japanese.
Next week: the £27,000 E39 M5, and why it’s good value. That’s a joke, by the way. I think.
NISSAN SKYLINE GT-R (R32)
Engine: 2,568cc 6-cyl turbo
Transmission: 5-speed manual
Power (hp): 280
Torque(lb ft): 271
First registered: 1994
Recorded mileage: 39,091
Price new: N/A
Yours for: £11,395