I sold my 2015 VF R8 with 7000km's in June last year (2020) for 65k, I paid 50k for it in Dec '16 from a bloke who needed to unload it quickly. Unbelievable, I made a little profit and had my eye on '17 VF2 LSA Maloo (July 2020) with 3500km's the seller wanted 80k for. I told him he was dreaming and offered him 70k and he wouldn't budge. 80k, he's off his head I thought at the time but in hindsight, I should have bought it and in fact, I probably shouldn't have sold my R8. I had a VR GTS I bought new in '94 and sold in 2006 with 8500km's for 40k to build a race car, wonder what that'd be worth today?
It's not about money or profits, it's about withdrawal symptoms not having a Holden V8 that made me buy my SSVR ute. I guess I've had a Holden V8 since 1978 with an HQ Monaro and 42 years of Holden V8 addiction is a habit I can't easily or willingly kick!
I have a hard time letting my cars go and tend to store them unless someone offers me well over its value.
You’ve done well with your sale.
But I wouldn’t take the past few years as indicative to the long term value of Commodore variants due to the emotion brought on by the closure of the factory followed by the usually high prices of second hand cars currently being experienced during covid.
My brother-in-law who lives in the US recently said to me the same is happening over there, he was in the market for a second hand 6th Gen Camaro and said the prices they are asking are so ridiculous for a car that doesn’t normally hold its value.
When prices do eventually settle a truer indication of the value of what you own will be known.
Those who have limited edition cars and the flasher HSV’s will most likely do well and the rest not so.
Redlines may hold and V8’s in general won’t have their normal painful new car depreciation but will eventually drop as interest wanes.
Owners of wagons and Utes may also be in luck but who knows, it’s all just speculation.
Like you I’ve been buying cars since the 70’s and I’ve only ever bought Holden’s with V8’s and of my cars the only one I would never give up happens to be a 6 cylinder.
My grandfather’s factory original FB Holden Ute that he taught me to drive when I was 10 and left it to me when he died.
It sits in the back of the shed untouched for close to 30 years and as luck may have it, my father was smart enough to talk me out of dropping in a small block in during the 90’s so it has stayed original.
I have cars worth more and I have a close relationship with them all but the FB is the only one I have an unnatural emotional attachment to.
My children have no interest in them and have already indicated my cars will be sold off when I go.
Children, sometimes you have wonder why you have them.
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