Price Range
Author
Discussion

highflyer

Original Poster:

1,901 posts

255 months

Friday 2nd October 2009
quotequote all
Just looking in the 'For Sale' section and was wondering why a 2001 referb GTR would be the same price an an 08 car ? ok there is the engine spec to consider but £50K, what does anybody else with experience consider a fair price ? thoughts please.

TuxMan

9,011 posts

267 months

Friday 2nd October 2009
quotequote all
From my own experience a car is only worth what people will pay for it ....no matter what the age or condition , if its the green car you are on about has it not got a carbon body ??

Steve_D

13,802 posts

287 months

Friday 2nd October 2009
quotequote all
Although it may not say so yet but it is sold and for the asking price.
Was talking with its former owner on Tuesday night.

Have to say it is a very nice car and the pictures do not do the colour justice.

Steve

SpeedYellow

2,533 posts

256 months

Friday 2nd October 2009
quotequote all
Well the car is now sold for asking price, so they are worth what they are worth. Everyone who came to see the car fell in love, it was at the top of their budgets but when you factor in the costs of painting, 670HP engine and full spec and the fact it has done 500 odd miles since it was finished, it was hugely cheaper than building one. No one who actually saw the car commented that it wasn't worth the money and was over priced. Until you see a car and really go through the spec I don't see how you can easily compare something like an Ultima from the adverts and a registration date.

Age is a very not important on cars like ultimas, condition, spec, mileage is what matters. Don't forget there are cars out there where the kit was delivered 5 years ago and they are only just being registered, what age does that make it?

spatz

1,783 posts

215 months

Friday 2nd October 2009
quotequote all
still a mircale to me that you do so few miles, must be the wheather ?
Only while doing my test drives I already clocked 400km on the counter and the tires can tell a story too.
And you cannot really drive this car slow, it is really asking for it.

DHGTR

1,196 posts

272 months

Friday 2nd October 2009
quotequote all
who says a 5 year old car is worth 30k, when you have probably spent 50+ on it. if there were none available secondhand for less than 45k then thats what buyers would have to pay if they wanted one.
i think our cars are massively undervalued selling at 25-30-35k.
The factory cars went for 55+. What made them better than a car that you or i built? Yes the factory do a very good job but so do a lot of 'self builders' out there.


DHGTR

1,196 posts

272 months

Friday 2nd October 2009
quotequote all
who says a 5 year old car is worth 30k, when you have probably spent 50+ on it. if there were none available secondhand for less than 45k then thats what buyers would have to pay if they wanted one.
i think our cars are massively undervalued selling at 25-30-35k.
The factory cars went for 55+. What made them better than a car that you or i built? Yes the factory do a very good job but so do a lot of 'self builders' out there.


highflyer

Original Poster:

1,901 posts

255 months

Friday 2nd October 2009
quotequote all
OOP'S idea maybe I put the Can-Am on too cheap then smile

andygtt

8,345 posts

293 months

Saturday 3rd October 2009
quotequote all
Unfortunatelly cars depreciate, and no matter how much we think otherwise an Ultima is no different.

IMO condition and quality of components is more important than age.

Midds

247 posts

267 months

Monday 5th October 2009
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What about the red £50k car at Buckingham High Performance - what's the view on how that is priced?

playa635

67 posts

212 months

Monday 5th October 2009
quotequote all
I have a brand new factory roller fitted with some great options. I live in the USA but have already been offered 225k for my car. It is still not for sale.

playa635

67 posts

212 months

Monday 5th October 2009
quotequote all
I have a brand new factory roller fitted with some great options. I live in the USA but have already been offered 225k for my car. It is still not for sale.

V8Dom

3,547 posts

231 months

Monday 5th October 2009
quotequote all
DHGTR said:
who says a 5 year old car is worth 30k, when you have probably spent 50+ on it. if there were none available secondhand for less than 45k then thats what buyers would have to pay if they wanted one.
i think our cars are massively undervalued selling at 25-30-35k.
The factory cars went for 55+. What made them better than a car that you or i built? Yes the factory do a very good job but so do a lot of 'self builders' out there.
thats interesting my car is a factory built car which i bought secondhand... I have the recepts for it and the original bill of sale of 89k not 55k....

Dom

JoulesCanAm

330 posts

215 months

Monday 5th October 2009
quotequote all
playa635 said:
I have a brand new factory roller fitted with some great options. I live in the USA but have already been offered 225k for my car. It is still not for sale.
Send that guy my way (Reno, NV) as I'm damn sure I'd sell mine for a lot less than $225K and it was professionally built by Brammo with the best of everything.

Julian


DHGTR

1,196 posts

272 months

Monday 5th October 2009
quotequote all
V8Dom said:
DHGTR said:
who says a 5 year old car is worth 30k, when you have probably spent 50+ on it. if there were none available secondhand for less than 45k then thats what buyers would have to pay if they wanted one.
i think our cars are massively undervalued selling at 25-30-35k.
The factory cars went for 55+. What made them better than a car that you or i built? Yes the factory do a very good job but so do a lot of 'self builders' out there.
thats interesting my car is a factory built car which i bought secondhand... I have the recepts for it and the original bill of sale of 89k not 55k....

Dom
The ex factory demos that sold earlier this year..... or was it last year.... memory not so good nowadays.


dave

ditto

614 posts

269 months

Tuesday 6th October 2009
quotequote all
DHGTR said:
memory not so good nowadays.


dave
I wondered why I never got that fiver back I loaned you last year hehe

V8Dom

3,547 posts

231 months

Tuesday 6th October 2009
quotequote all
DHGTR said:
V8Dom said:
DHGTR said:
who says a 5 year old car is worth 30k, when you have probably spent 50+ on it. if there were none available secondhand for less than 45k then thats what buyers would have to pay if they wanted one.
i think our cars are massively undervalued selling at 25-30-35k.
The factory cars went for 55+. What made them better than a car that you or i built? Yes the factory do a very good job but so do a lot of 'self builders' out there.
thats interesting my car is a factory built car which i bought secondhand... I have the recepts for it and the original bill of sale of 89k not 55k....

Dom
The ex factory demos that sold earlier this year..... or was it last year.... memory not so good nowadays.


dave
sorry Dave i thought you were on about new build prices not second hand prices...whistle

Dom

playa635

67 posts

212 months

Friday 9th October 2009
quotequote all
A car is only worth what someone is willing to pay. Some people like Ultimas don't want to wait to hit the track, they have 5-6 nice cars and it is worth it to them to pay a large premium to get what they want right away.
My car is not for sale and that is that. The car is a bargain at 225k. Where else can you get a car with such stunning good looks, is rarer than any Ferrari or Lamborghini and is faster than a Buggati Veyron.
My car is lightweight and everything that I could possibly want in a car. I will laugh at challenges from hopped up Ferrari's or Lambos This alone is worth the price. Imagine pulling away from a performance car costing hundreds of thousands more.
The cockpit is incredibly comfortable for me. I like the fact that only skinny girls will ride with me.
There is a premium to be paid to buy a factory roller but if your work demands a lot of your time than it is the way to go.

playa635

67 posts

212 months

Friday 9th October 2009
quotequote all
A car is only worth what someone is willing to pay. Some people like Ultimas don't want to wait to hit the track, they have 5-6 nice cars and it is worth it to them to pay a large premium to get what they want right away.
My car is not for sale and that is that. The car is a bargain at 225k. Where else can you get a car with such stunning good looks, is rarer than any Ferrari or Lamborghini and is faster than a Buggati Veyron.
My car is lightweight and everything that I could possibly want in a car. I will laugh at challenges from hopped up Ferrari's or Lambos This alone is worth the price. Imagine pulling away from a performance car costing hundreds of thousands more.
The cockpit is incredibly comfortable for me. I like the fact that only skinny girls will ride with me.
There is a premium to be paid to buy a factory roller but if your work demands a lot of your time than it is the way to go.

LuckyP

6,243 posts

254 months

Friday 9th October 2009
quotequote all
playa635 said:
..and is faster than a Buggati Veyron....
[cough, pedant mode on]..erm...quicker...not faster...[cough, pedant mode off] wink