Ultima Classifieds
Ultima Classifieds
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Discussion

Captain Slog

Original Poster:

375 posts

219 months

Friday 10th January 2014
quotequote all
Anyone seen this in the Ultima Classifieds yet, YUK!

http://www.pistonheads.com/classifieds/used-cars/u...

UltimaCH

3,181 posts

211 months

Friday 10th January 2014
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Why call it an Ultima GTR when it's clearly said to be a Piper GTR!

V8Dom

3,547 posts

224 months

Saturday 11th January 2014
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cheap car.. that will gain value soon.. as there was only 4 made and piper was a very well known tuning company

Captain Slog

Original Poster:

375 posts

219 months

Saturday 11th January 2014
quotequote all
According to their website ( http://www.piperracingcars.co.uk/ ) you can buy one for 28k, thats 4k less than advertised on PH
IMHO it looks pig ugly at any price

sukhjeevan

290 posts

245 months

Saturday 11th January 2014
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barriejames

902 posts

201 months

Saturday 11th January 2014
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It is almost 14 years old and would have cost around 50k to build so about 50% depreciation is excellent over that period

sukhjeevan said:

mt308

438 posts

165 months

Saturday 11th January 2014
quotequote all
barriejames said:
It is almost 14 years old and would have cost around 50k to build so about 50% depreciation is excellent over that period

sukhjeevan said:
Probably cost less than that 10 years ago too...

Steve_D

13,801 posts

280 months

Saturday 11th January 2014
quotequote all
mt308 said:
barriejames said:
It is almost 14 years old and would have cost around 50k to build so about 50% depreciation is excellent over that period

sukhjeevan said:
Probably cost less than that 10 years ago too...
Mine went on the road in 2004.
I built my own engine, used some used parts, and it still cost me £48K.

Steve

sukhjeevan

290 posts

245 months

Monday 13th January 2014
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Steve,

Did building your own engine work out more economical than buying a crate engine?

Steve_D

13,801 posts

280 months

Monday 13th January 2014
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sukhjeevan said:
Steve,

Did building your own engine work out more economical than buying a crate engine?
Yes, but........that does not take into account the hours of research that went into arriving at the final spec.
I did enjoy the process and the end result which turned a few heads on the American SBC forum. Seems my result of 508hp impressed them.

Steve

sukhjeevan

290 posts

245 months

Monday 13th January 2014
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I have plenty of time so might go down the DIY route myself. Any advice would be greatly appreciated. Thanks

mt308

438 posts

165 months

Monday 13th January 2014
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Steve_D said:
mt308 said:
barriejames said:
It is almost 14 years old and would have cost around 50k to build so about 50% depreciation is excellent over that period

sukhjeevan said:
Probably cost less than that 10 years ago too...
Mine went on the road in 2004.
I built my own engine, used some used parts, and it still cost me £48K.

Steve
I didn't word that very well!

What I meant was it probably cost less than twice the current asking price (i.e. less than 50% depreciation)....

Mark

Steve_D

13,801 posts

280 months

Monday 13th January 2014
quotequote all
sukhjeevan said:
I have plenty of time so might go down the DIY route myself. Any advice would be greatly appreciated. Thanks
Visit a forum called chevytalk.org. The main man on there (Grumpyvette) is a mine of info and very supportive. Understanably you will not get much help if you just ask what bits you need to use but put forward your own selection of parts and they will soon tell you where you are going wrong.

Also see if you can get hold of 'Desktop Dyno'. I used this software to design my engine. You input all the engine details including flow of the heads, manifolds, stroke, compression, cam profiles etc etc. My completed engine was just a few horses away from the figure DD produced.

If I did it again I would choose a shorter stroke to get the revs up. Also beware the advise from Chevytalk as they are fixated on torque and long stroke engines. It took a while for them to get their heads around a car with a finshed weight around 2200lbs.

Steve

V8Dom

3,547 posts

224 months

Tuesday 14th January 2014
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what ever route you go, 25k for that car is cheap. ive seen sports at that money but not gtrs.

Age has nothing to do with it.. most cars have only done 15k in mileage so if you have the choice of building and costing 50-65k or buying secondhand this is a massive saving and will deter other to build.

im depressed now :0)

sukhjeevan

290 posts

245 months

Tuesday 14th January 2014
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Possible cheaper to buy this at 25k and transfer over to new chassis ? Save a fortune on new parts and the hassle of sva and its restrictions.

hedgefinder

3,418 posts

192 months

Tuesday 14th January 2014
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yes it is cheap, but thats all I am going to say on the subject of values. People seem to get all upset every time I mention known sales prices..
Its a very limited market, especially at the moment.

barriejames

902 posts

201 months

Tuesday 14th January 2014
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Personally I would, and am still going the new build route, as for some the fun is in the build. I looked at buying a good used one, but only want LS power and those seem to hold value better, I guess because they cost more to build originally

sukhjeevan said:
Possible cheaper to buy this at 25k and transfer over to new chassis ? Save a fortune on new parts and the hassle of sva and its restrictions.

mt308

438 posts

165 months

Tuesday 14th January 2014
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barriejames said:
Personally I would, and am still going the new build route, as for some the fun is in the build. I looked at buying a good used one, but only want LS power and those seem to hold value better, I guess because they cost more to build originally

sukhjeevan said:
Possible cheaper to buy this at 25k and transfer over to new chassis ? Save a fortune on new parts and the hassle of sva and its restrictions.
Could be worse - if you bought pretty much any other car for £45-50k back in 2004 it would be worth a lot less than £25k now...

Storer

5,024 posts

237 months

Tuesday 14th January 2014
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I am well placed to comment on buying a used Ultima GTR and refreshing/modifying it. I did it.

Do not be fooled into thinking it will save you money.

My car had an LS2 and G50-01 and needed a lot of TLC.

By the time I had fitted an LS7 and G50-52 and a few (!) small mods along with a new interior and paint I had spent what it would have cost to build a new car.

The plus point is my car doesn't need cats, or an SVA so I could do almost what I wanted without worrying about some jobsworth looking over my shoulder.

That car is well priced. However, don't buy it thinking you can swap to a new LS for very little cost. Buy it for what it is.

Paul

sukhjeevan

290 posts

245 months

Tuesday 14th January 2014
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Just a thought really. I am going the new build route as its more fun!