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Future Classic?

Discussion in 'The Pub' started by Calaber, Sep 3, 2018.

  1. Calaber

    Calaber Nil Bastardo Carborundum

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    If you look at what some "traditional" older Holdens are worth these days, it makes you wonder if any later model Commodores will ever appreciate to similar levels. Ordinary EH and HR Premiers, which were as cheap as a few hundred bucks twenty years ago, are worth ridiculous amounts today.

    It's quite easy to pick up run-down but serviceable VT to VZ models other than SS's, for well under a grand and some Calais models, with the V8, are not much dearer. I've been thinking about getting a V8 Calais, sticking it away in the garage and gradually restoring it with no intention of ever putting it back on the road, but keeping it in registrable condition. It would be a very long-term proposition, my intention being that it be handed on to the grandkids as an inheritance. This means up to thirty year or more retention, completely kept out of the weather, run regularly to prevent deterioration and changing fluids such as coolant and brake fluids at regular intervals based on time. I know some components such as seals will still deteriorate but the idea would be to obtain a stock of them while they are still available and affordable.

    Has anybody else had a similar idea?
     
  2. lowandslow

    lowandslow Well-Known Member

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    The V2 Monaro's would probably appreciate quicker / more chance of appreciation compared to a vt exec.
     
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  3. Reaper

    Reaper Tells it like it is.

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    Generally speaking, the higher you go up the desirability totum pole today, the more it's likely to be worth in years to come.

    IMO, if you like a particular car, go buy a nice one and enjoy it for what it is. If you are wanting it for an investment then go put your money + whatever you would have spent on it each year in some equities for a far more likely (and higher) gain.

    Short of something you manage to get your hands on now for a quick flip and profit, there are a lot of lower risk investments with a higher potential upsides than cars.
     
  4. Calaber

    Calaber Nil Bastardo Carborundum

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    I'm not looking at monetary gain though, well, not for myself at least. I won't be around in thirty years (I hope). I'm looking at saving what could become a classic, buying now at the bottom end of the market, which fits my limited finances, and gradually bringing it up to the best standard I can while parts are still cheap and plentiful. Any financial gain is insignificant to me as I don't intend to be the beneficiary. I'd just like to get in while I can and take as long as it takes, keeping myself busy and enjoying the experience.

    I've done this before with a derelict HT GT'S shell I was given. Over four years I restored it, fitted it with a 350 and Turbo 350 and drove it for a few months before selling it. This time round, it would remain warm and dry and not hit the road. And I'd hang on to it a damned sight longer.
     
  5. losh1971

    losh1971 Well-Known Member

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    I'm thinking of keeping my ute for as long as I can. I have plenty of space so that won't be an issue. I only drive it twice a week and only do about 10k a year as I mostly use the bus. I have thought about getting a donor but at the present parts are plentiful and cheap. I'm fixing mine up and probably won't sell it just keep it. I think most Aussie made Holden's will appreciate in value over time. Be a long time obviously before Commodores are worth anything. But to me it kinda makes sense to spend a couple of 1000 on an older Commodore that now can be bought for $2k. If your total investment is say $5k over 10-15 years, that's a better investment than a $30k late model Commodore that will be worth $2K in 15 years.
    To me the idea of having all the latest gadgets a modern car has is not a big need. I'm happy if I have cruise and aircon. So to have a Calais or Stato perfect plenty enough options to keep someone happy, but that's just my opinion.
     
  6. the_boozer

    the_boozer no more VK

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    If you want to do nothing but leave your grand children some $$ look at landrover discovery they are a loved vehicle anyone that owners must work on often they are worth sfa right now and collect a heap of parts . Lots of landrover lovers around
     
    Last edited: Sep 3, 2018
  7. JMP

    JMP Well-Known Member

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    I think that what we love today will not be relevant to others tomorrow. Most of us grew up around what we call classic cars like Monaros, Torana, Chargers, GTs etc etc and we had appreciation and desire for them which made them collectable to us. Think now about 10 to 15 years time the kids that are growing up now, what will Holden, Ford even Valiant or Chrysler mean to them? Holden will be just another import as will Ford so will they be looked at any different to a Mazda or Toyota? I don't think the kids growing up today will care about todays Commodores, HSVs or even the last Monaros so will there be any value in them to anyone but us? With the direction cars are heading what we call fast today will not be tomorrow so having a 400 plus kilowatt car may actually be somewhat slow and again make todays cars not much of an attraction. I wish I had bought a heap of coupes when I started earning some cash cause they were dirt cheap back in the day but pulling good coin now. Who knows what will happen in the future but I've seen many occasions where people have bought things that were collectable in the time to only see them become not so collectable later on.
     
  8. losh1971

    losh1971 Well-Known Member

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    I agree it is a gamble buying a Holden that is 15-20 years old with the hope it appreciates. But with parts so cheap and in plentiful supply a small outlay now could be worth something in years to come. When EH's could be bought for $500 when I was 16, very few would have thought they could be worth anything now. IMO there is only one way to find out and a $5k outlay over a few years is chicken-feed really in the scheme of things. I mean most smokers would spend $14k or more a year on polluting their lungs for no gain what so ever. I think it's worth the gamble.
     
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  9. Calaber

    Calaber Nil Bastardo Carborundum

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    Perhaps so but I'm definitely not one of them. I've had a love affair with Holdens for nearly 50 years and would like to grab a latish model while they are cheap as retiree's funds have many competing demands. A classic pre-Commie is too difficult to locate and even a pile of rust commands stupid prices. A VT to VZ V8 Calais is a well equipped and relatively rare car that can now be purchased pretty cheaply, particularly if unregistered. That's my target group but I appreciate your suggestion.

    So far as how kids of today might regard these things decades from now it's true that we can't predict what will float their boat but many collectors of today lust after items such as cars which were extinct years before they were born. The Holden brand in thirty years will almost certainly be a distant memory. A car that was representative of what we considered a local luxury model in the early 2000's will attract interest in 2050. Whether it's worth anything really won't worry me.
     
    Last edited: Sep 3, 2018
  10. VS 5.0

    VS 5.0 Well-Known Member

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    If nothing else, here's hoping you pass on the passion to your benefactors.
     
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  11. vc commodore

    vc commodore Well-Known Member

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    Honestly, who knows what the future holds for any particular car....No one knows whether they will be desirable, or not...

    All I can suggest is, if you want to buy one and keep it for the grand kids, go for it.....If they have any decency in them, they will appreciate something you have done for them after your passing. And you can't put a price tag on that sort of thing
     
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  12. Reaper

    Reaper Tells it like it is.

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    Have to agree that the VT-X would be nearing the bottom of the market at that threashold before parts become too hard and there are still enough around that aren't too far gone. Of the Holden badge, it'd be a toss of the coin for Calais or SS although a Calais International VX would be a good thing to have moving forward. I wouldn't waste my time on anything short of the LS1.
     
  13. EYY

    EYY Well-Known Member

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    Any with limited build numbers will be more desirable imo.
     
  14. Reaper

    Reaper Tells it like it is.

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    Trying to think of anything VT (non HSV) with limited builds aside from the Olympic Edition which (from memory) was an Exec with Berlina wheels and an Olympic badge. I somewhat doubt they will ever be desirable.
     
  15. mpower

    mpower Well-Known Member

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    EH and HR are over 50 years old now - and they aren't worth that much topping out around 30-40k.
     
  16. EYY

    EYY Well-Known Member

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    Yeah I’m pretty much only referring to HSV’s. The ss’ are probably just about the only exception to that.
     
  17. c2105026

    c2105026 Active Member

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    A rationale about me getting and keeping the Commodore in my pic (VTII Commodore Olympic ex-fleet) is that its going to be the most affordable, cost effective way for me to get back into an older Holden, after regrettably selling the VB for about 1/2-1/3 of what I'd get now. These days Nice VB-VLs are 10k+, SLEs are 20K and that's about where nice Kingswoods and Toranas start.

    I'm not looking to make money; to me that's irrelevant because - its only relevant if I wanted out of a hobby car for good. Else I'd have to pay an inflated price for something else that's gone up in value. Also the flippers, the speculators.....drive up prices for ordinary working people who really can't afford to pay solid 5 figure amounts for what is ultimately a superfluous toy.

    To me its the story of an older car; its background/history/provenance; that makes it most interesting. If it goes up in value, that'd be nice - but I'm not slitting my wrists if it doesn't. My VTII has more or less a fully documented history, and I've been able to find out a fair bit regarding SOCOG Olympic vehicles and how they were used. To many/most that's not as interesting as a stroked and blown LS1, but to me its utterly fascinating.

    But....with nice VN/VPs sitting at 5-7k for a base model example (when they were 3-4k a couple of years ago), and a delivery mileage VTII Olympic recently making 25k at Auction, AUS14Es time will come. Already nice, original low mileage VT SS have broken 10K.
     
  18. Calaber

    Calaber Nil Bastardo Carborundum

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    The whole idea isn't purely monetary. It's preserving something that (A) I like, (B) is affordable now but won't be in a few years and (C) isn't a very common model even now and will only become rarer. SS's are common, V8 Calais are not. As I've said previously, I'm not looking at financial gain for myself and not even for the grandkids. It's the same as C3P0. Preserving something that I personally think is worth preserving.
     
  19. c2105026

    c2105026 Active Member

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    Arguably, 30-40k is still a lot of money for a 60s classic of that performance category...

    For the same money you can get a good Mustang. Or many other American cars. Or, some interesting European cars....
     
  20. Reaper

    Reaper Tells it like it is.

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    If you are talking HSV then the C4B Calloway VX is the go. Ranks of one of the most desirable HSV's of them all. How they managed to get it thru emissions with factory Mafless tune is beyond me but either way it's head and shoulders above any other VT/VX model. Comes with the appropriate price tag as well mind you.

    For a budget car, the VX International Calais is the go. I loved the blue when they were released but couldn't get one at the time. They have aged very well too and aren't out of reach price wise yet either.
     

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