GTA Prices are all over the place
Discussion
Hi,
Thought I'd gauge opinion on GTA prices as I'm thinking of putting the 147 up for sale in order to buy something 4WD for a winter trip to Slovakia. Prices have always been volatile, but looking at the ads they’re even more ‘scatter gun’ than usual at the moment.
I know GTAs are quite niche and that some dealers have been trying to push the prices over the past 18 months but on the face of it there are (seemingly) similar cars up for £5k and £10k respectively right now. That’s a big variance...
So I have two questions:
1. Have we reached the stage in the GTA’s lifecycle where it’s sufficiently ‘classic’ for completely standard examples (with no Q2, suspension, exhaust or other upgrades) to command more money that the fettled examples?
2. Which way do we think prices are going to go over the next couple of years? (I’ve got a history of selling cars about 18 months before their value shoots up and would prefer to avoid doing this again !)
And finally – interested to get views on what you think a 30,500 mile unmolested silver 147 GTA might be worth in excellent condition with unmarked bodywork and alloys, FSH (main dealer and specialist), recent brakes, belt, tyres, radiator and front shocks. I’m thinking between £7k and £8k, although not expecting a quick sale...
Cheers
Matt
Thought I'd gauge opinion on GTA prices as I'm thinking of putting the 147 up for sale in order to buy something 4WD for a winter trip to Slovakia. Prices have always been volatile, but looking at the ads they’re even more ‘scatter gun’ than usual at the moment.
I know GTAs are quite niche and that some dealers have been trying to push the prices over the past 18 months but on the face of it there are (seemingly) similar cars up for £5k and £10k respectively right now. That’s a big variance...
So I have two questions:
1. Have we reached the stage in the GTA’s lifecycle where it’s sufficiently ‘classic’ for completely standard examples (with no Q2, suspension, exhaust or other upgrades) to command more money that the fettled examples?
2. Which way do we think prices are going to go over the next couple of years? (I’ve got a history of selling cars about 18 months before their value shoots up and would prefer to avoid doing this again !)
And finally – interested to get views on what you think a 30,500 mile unmolested silver 147 GTA might be worth in excellent condition with unmarked bodywork and alloys, FSH (main dealer and specialist), recent brakes, belt, tyres, radiator and front shocks. I’m thinking between £7k and £8k, although not expecting a quick sale...
Cheers
Matt
Having owned numerous classic Alfas, I would be just as interested in a car with the "right" sensible mods Q2, uprated Brembos, etc as I would be in a completely standard car.
If you were selling the car, I personally don't think you would recoup the costs of any of the mods if that is what you were contemplating.
Value-wise, very well looked after cars will always sell at the higher end of the price range and more importantly, will generally sell much quicker.
re where the prices are going, personally I think the road tax, fuel prices and the general economy are depressing values at the moment and it will be a good while before the GTA prices rise significantly as I can't see these being a good investment in the short to medium term. Long term is a different story as the GTA will hold some value if only for the top rated swansong of the Busso V6 engine.
I would be equally happy to be proved wrong.
When you get to much older Alfas, 80s and earlier where they are likely to have been refurbished/restored, etc then who did the restoration becomes an additional factor. for example, an Alfaholics-prepared giulia will always sell more easily than one prepared by AN Other. When I sold my last Alfetta GTV6, the prospective buyer was not prepared to pay the asking price until he called Alex Jupe who restores these and did all the relevant work on my car - one 20 minute phonecall later, he hauled out the cash.
If you were selling the car, I personally don't think you would recoup the costs of any of the mods if that is what you were contemplating.
Value-wise, very well looked after cars will always sell at the higher end of the price range and more importantly, will generally sell much quicker.
re where the prices are going, personally I think the road tax, fuel prices and the general economy are depressing values at the moment and it will be a good while before the GTA prices rise significantly as I can't see these being a good investment in the short to medium term. Long term is a different story as the GTA will hold some value if only for the top rated swansong of the Busso V6 engine.
I would be equally happy to be proved wrong.
When you get to much older Alfas, 80s and earlier where they are likely to have been refurbished/restored, etc then who did the restoration becomes an additional factor. for example, an Alfaholics-prepared giulia will always sell more easily than one prepared by AN Other. When I sold my last Alfetta GTV6, the prospective buyer was not prepared to pay the asking price until he called Alex Jupe who restores these and did all the relevant work on my car - one 20 minute phonecall later, he hauled out the cash.
Unmolested examples are desirable, however the Q2 is pretty much on everyones wishlist and I only considered cars with one fitted already as it shows the owner was in the know. It's a good £750 to have one fitted at the moment and that is a fair amount to factor into the sale.
The mileage will go in your favour the most. Then the colour, age, if it has 330mm brakes and so on..
The mileage will go in your favour the most. Then the colour, age, if it has 330mm brakes and so on..
crostonian said:
I know it's subjective but I would say Silver was one of the least popular colours for the GTA, 147 and 156.
You're right. I quite like it, although it does give a very different character to the car. My previous GTAs (blue 156 and red 156) were considered more desirable colours. I had a gabbiano blue 156 SW GTA which again wouldn't be most peoples idea of a good colour but with professionally applied darkened rear side windows I thought it looked very good, also had the Le Mans interior with the blue inserts, wish I had some pics of it, drove it to Palermo and back, that was fun!
I wanted to buy 156 GTA in spring 2010.Test drove one,liked it,just couldn't find 8k back then.Even without the Q2 you wouldn't guess that the car was FWD,handled better than a Renaultsport!They stayed more than an year around 7-8k.Now you can find 100k one with FSH for 3k,the best ones double that.
And 156 is the more beautiful,more desirable(some may disagree) and better to drive GTA.The market valuation of these cars is not going to rise in short and medium term.Like it has been said petrol,insurance and recession are pushing the prices down.
And if you are looking for a sports saloon thare are many other great choices for less than 5k,all of them RWD or AWD.The 156 GTA is an incredibly attractive design,but i wouldn't buy one over a M3 Evo,Evo 6 or E 190 Cossworth.
For 8k you can buy modern classics,which are not going to loose much value,if at all:Evo 6 TM,VX220,M3 GT,even TT Sport 240.
Regarding the 147 GTA 8k can already get you into high-mileage Golf R32(without the Recaros,though).I doubt that the 147 will ever become an icon like the Integrale.The V6 is a masterpiece,but the car lacks motorsport history and is FWD.It is also not as outrageous and rare as the Beetle RSI or the Clio V6.
Yes,there are GTAs,selling for up to 10k(!!!),even 147s,but nobody would pay 8k for 40000 miles car,when 6k or less can get you into 60000 miles one.
And 156 is the more beautiful,more desirable(some may disagree) and better to drive GTA.The market valuation of these cars is not going to rise in short and medium term.Like it has been said petrol,insurance and recession are pushing the prices down.
And if you are looking for a sports saloon thare are many other great choices for less than 5k,all of them RWD or AWD.The 156 GTA is an incredibly attractive design,but i wouldn't buy one over a M3 Evo,Evo 6 or E 190 Cossworth.
For 8k you can buy modern classics,which are not going to loose much value,if at all:Evo 6 TM,VX220,M3 GT,even TT Sport 240.
Regarding the 147 GTA 8k can already get you into high-mileage Golf R32(without the Recaros,though).I doubt that the 147 will ever become an icon like the Integrale.The V6 is a masterpiece,but the car lacks motorsport history and is FWD.It is also not as outrageous and rare as the Beetle RSI or the Clio V6.
Yes,there are GTAs,selling for up to 10k(!!!),even 147s,but nobody would pay 8k for 40000 miles car,when 6k or less can get you into 60000 miles one.
Edited by mainaman on Thursday 16th August 17:14
Hi matt, GTA sold?
Not been on here for a while so first read of your thread for me. I get some of the comparisons mentioned earlier but if someone is set on a GTA then that is that!
I have owned three as has my brother, as well as twice this much 164,164, GTV and Spider 3.0s between us. The GTA is a special car with a healthy following - the three that I have owned have been great and easily sold on with a good honest advert.
Once you are well aquainted with the GTA you get to know ( or get drawn into!) the apparent requirements - Personally I enjoy owning a fast capable car but rarely take it to limits, owner/forum use tends to highlight issues that the blissful ignorant past would not. Therefore my last GTA ended up with a Q2, 330 Brembos and much extra lavished care!
I sold all of my GTA's easily and fairly quickly by setting a sensible price and offering a well presented and cared for car. I sold my last 147 GTA around a year ago - BO53 GTA, metallic black, Monte Carlo leather, 32/3k miles, 330's, refurbed wheels, new full service including cambelt, plugs etc - £8k
I get what you say about original examples, I used to think the same way, but the Q2 and 330s are considered basic requirements and are Alfa Romeo parts. The same kind of sensible manufacturer part upgrades are welcomed on many classics.
All the best
Dougie
Not been on here for a while so first read of your thread for me. I get some of the comparisons mentioned earlier but if someone is set on a GTA then that is that!
I have owned three as has my brother, as well as twice this much 164,164, GTV and Spider 3.0s between us. The GTA is a special car with a healthy following - the three that I have owned have been great and easily sold on with a good honest advert.
Once you are well aquainted with the GTA you get to know ( or get drawn into!) the apparent requirements - Personally I enjoy owning a fast capable car but rarely take it to limits, owner/forum use tends to highlight issues that the blissful ignorant past would not. Therefore my last GTA ended up with a Q2, 330 Brembos and much extra lavished care!
I sold all of my GTA's easily and fairly quickly by setting a sensible price and offering a well presented and cared for car. I sold my last 147 GTA around a year ago - BO53 GTA, metallic black, Monte Carlo leather, 32/3k miles, 330's, refurbed wheels, new full service including cambelt, plugs etc - £8k
I get what you say about original examples, I used to think the same way, but the Q2 and 330s are considered basic requirements and are Alfa Romeo parts. The same kind of sensible manufacturer part upgrades are welcomed on many classics.
All the best
Dougie
Hi,
Ahem... No - not only have I convinced myself to hold on to the GTA, but I've also added a delta HF4WD to the stable !
Not sure what the plans are for our trip to Slovakia - may well chop in the family wagon (grande scenic) for something a bit tougher or brave it in the Renault with winter tyres and snow chains!
Ahem... No - not only have I convinced myself to hold on to the GTA, but I've also added a delta HF4WD to the stable !
Not sure what the plans are for our trip to Slovakia - may well chop in the family wagon (grande scenic) for something a bit tougher or brave it in the Renault with winter tyres and snow chains!
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