Future classic? VT Calais?

[jvt38]

Hi all got a silver s1 vt calais with 192000kms on the clock. It's in decent condition for its age and everything is taken care of by me. I know this car is an ecotec v6 so not as desirable as l67s and the v8s but just wondering since I bought this car around 2 years ago for 4.2k and one of the reasons was to be a investment. I am just wondering if I could keep this car for 15 to even 20 years and hand it down to my kids would it eventually become like the older holdens that are currently high value right now, or would a v6 vt calais never really appreciate

 

[jvt38]

Here is a photo of the car if youre wondering what it looks like

 

[vc commodore]

A crystal ball will hold the answer.

Harsh but true

 

[keith reed]

As vc says crystall ball. However I will do a bit myself. A low k v8 perhaps but I don't see much appreciation for a v6. However we could all (not me for obvious reasons) be driving battery powered cars by then. They could well have sorted out the problems that are associated with them by then.

 

[Immortality]

Who knows, maybe the more fuel efficient models will be popular in the future but it's impossible to say.

If you have the room I can't see a reason to not hold onto it.

 

[Skylarking]

Stuff that was considered junk in the 60’s has slowly become more valuable as the rarity of the upper desirable models dried up

My prediction, worse that can happen is it doesn’t have huge value as a running car but it may have more value breaking it up into spares

But really, who knows what can happen in the future with any certainty. We may get hit by an ELE metiorit making all predictions moot

 

[losh1971]

Keeping it as an investment won't yield any results. If you have to pay rego and insurance then you will likely be losing money.

 

[Skylarking]

^ yep, car = $5k, rego = ~$1k/year + insurance = ~$1k/year => costs of $2k/year => costs of $10k $20k per decade…

& given that inflation roughly doubles cost of stuff every 10 years, your car needs to more than double in value every 10 years just to keep pace….

Case in point, Ford XY GT was < $5k new back in 1970. Using the 10 year doubling theory, you’d see that $5k equal $10k in 1980, $20k in 1990=$20k, $40k in 2000, $80k in 2010 & $160k in 2020.

Well nice standard GT’s are a little more than that today but less examples are less, much less in some cases. But you’d want your to be at the upper end if you had it registered and insured all that time… obviously the special ones like the HO phase 3’s did rather well but who’s to know a little more for the special ones was worth the investment back in the day…

https://www.carsales.com.au/cars/ford/falcon/xy-series/?sort=Price

PS: yes it’s a ford I mentioned on a Holden forum but I’ve always liked the look of that model

 

[VS 5.0]

costs of $2k/year => costs of $10k per decade…

Another faulty calculator ?

 

[jvt38]

Yeah was just curious if it would go up in value didn't purchase solely as an investment cause that would be stupid i purchased it mainly because I love the look of them and I thought it would be a killa cruiser I could keep for the years to come