Gday folks just having trouble trying to work out what a Silver 2004 VY series 2 SS ute/van with HBD stamp is worth. 200,000 kms and Auto. Bit untidy on the inside, mech is perfect. Leather and climate cont, dvd screen. needs paint on bumper and bonnet and a good clean!
I'm thinking its circa $15-17k
thoughts appreciated from those lads who know more about them would be ace
BQZ
That one sounds closer to $15K
But it's a supply and demand kind of thing.
You need to think about how much you need to spend to make into a $20K car. The 200,000 clock is part of the issue.
yeah my concern was that it would never be a $20,000 vehicle. The ones ive seen seem to hang on the market for a while if they are near the 20'sOriginally Posted by Innuendo
BQZ
The ones worth owing sell for $20K and over (high optioned with low Klms). Overpriced ones (mainly V6 poverty packs) hang about listed for sale waiting and wishing.
Better to pay more for a desirable one instead of $15K roughy that needs cash and work thrown at it only to still have a huge number on the clock.
yeah but they arent collectable. at this point they are in the usable category. 200,000 is a drop in the ocean. shouldve done more like 250,000 to 300,000 being a commercial trade type vehicle
BQZ
I think you are talking about values for a car with much lower kms & full tilt front line retail price. $15K-$20K is a lot of $$$ for a VY of any type.
On the Sydney market it would struggle to get half that.
Only last week I passed up a 2004 VY series 2 SS ute with 165,000 km on it for $5,000. It was in reasonable nick, probably needing about $1,000 to bring the body & paint up to scratch. Add the HSV canopy to that (Red Book allows $2K-$3K). I could be on the road for $8K-$9K.
A young bloke that works with us, recently purchased a late 2005 VZ HSV Maloo R8 in immaculate condition with 105,000 km on it. This was a one owner Limited Edition 15th Anniversary model (Only 50 Built) & had later (larger) HSV alloys, bigger exhaust & a MAFless tune. He owned it for $18K. The previous owner had it on the market for over 4 months.
The current used car market is very depressed, so expecting $15K-$17K for a 200,000+ km VY van is a bit keen.
Dr Terry
The current used car market is very depressed, so expecting $15K-$17K for a 200,000+ km VY van is a bit keen.
Dr Terry[/QUOTE]
I agree wholeheartedly with the above statement. Sydney has always had cheap cars. Everyone wants new there. It's not as though these van/utes are growing on trees (i also appreciate ppl aren't 10 deep in the wings either). I just sold the same Vz 06 series 2 Maloo R8 (not ann model) you mentioned over here for $21,000 and it had more miles, plenty more owners, scratches, dents and needed paint to front end (if fussy), needed 1x tyre and new rotors and discs all the way round!
BQZ
Sorry Terry I feel your not really up to speed on on these.
224 HBD official Sandman canopies were released between VY SII to the end of VZ and all carry a HBD CAN marked tag/plate in the engine bay. People who apparently know their Holden's know you can't buy a HBD canopy and you certainly can't get one for 2 to 3K so I have no idea where the Red book value comes from or where they feel you can get one from? OK you can get an AMCAT version new for over $7,000 fitted but these are not exactly the same as the original HBD (even though out of the original mould) the mould has been modified. I suppose it could be a factor of depreciation but that is unrealistic if you can't obtain one the very day it's required. I'm guessing they are talking some other type of bolt on canopy for that money? As for the young blokes HSV Ute you mention $18K plus NEW canopy makes it $25K plus and he would still not have an official one of the 224. Where as on the market recently has been a couple of genuine HSV R8 factory HBD Sandman versions for sale at between $27 and $35K.
I'm with 100% on the high Klms and the asking prices though. But that said the low Klms versions do sell for $20K plus.
Some may class them as a tradies Ute but not most. Not collectible? I beg to differ. These are a limited numbers release with official numbering and own unique characteristics.
Of course the more that were used as tradie pigs and the more that discount them as collectible will only help make them more scarce and desirable into the future.
A "normal" car is expected to gain 20,000Klms per year. Anything over this is classed as excessive Klms. So this one is "as expected" for regular shopping trolley. I have records of asking prices for these over the last 3 years and the Klms showing. Quite a few are under 120,000 with some under 100,000Klms. $15K is about right for this car based on what has been mentioned. Of course Western Australia is a different market. I just missed out on one that I was keen on for just under $20K and my son is selling his and has 2 on the hook at just over $20K (although no sale just yet).
If people think less, then I say go and buy one. You'd be lucky to even find one, let alone secure it for less than $15K.
Talking is not doing!
My point is spend a bit more and get a better car. If you only wanted as a trade pig or shopping trolley then your right 200,000Klms is not going to worry you.
Last edited by Innuendo; 03-03-2014 at 09:38 PM.
I do know my Holdens & yes, I do realise that the HBD canopy cannot be purchased as a separate item & that they are different to the AMCAT, or anything else on the market.
All I am quoting is things as they are ATM in the used car market in Sydney. I still say that $15K-$17K is very very high for a 205,000 km VY SS ute, in this condition, HBD canopy or not.
Red Book is at best a quide, but I use it as a starting point. They have been wrong before & yes, I may be slightly out of touch with these 'vans'.
They compile their figures from actual sales, from car yards & auction house sales across the country. The $2K-$3K figure for the HBD canopy would be the average figure gleaned by comparing VY/VZ utes (without canopy) with the equivalent model with canopy that actual sold.
Those figures might be based on a very small statistical sample, but they a real sales, not what somebody is asking.
If the OP's car was in better condition body & paint-wise & had much lower kms on it, then based on what you say about the rarity of the 224 HBD canopy versions, then yes, a figure somewhere between mine ($8K-$9K) & yours ($15K-$17K) could be achieved.
The golden rule in all used car sales, is that cars are worth what they actually sell for, not what somebody is asking.
Dr Terry
The golden rule in all used car sales, is that cars are worth what they actually sell for, not what somebody is asking.
Dr Terry[/QUOTE]
I had a WB van for sale last year. Got a few genuine offers around $9,000 but I wanted more. So i waited till $10,500 came along. Is it worth $9,000 which is what the bulk of the buyers wanted to pay or the $10,500 which it actually sold for because 1 bloke really wanted it?
asking price and selling price are not often too far away i've found. I wouldnt mind betting that the greater majority of cars sell within 10% of the list price. many people can do adequate homework prior to listing so it's not so much a suck it and see anymore. I bet in Sydney you get lots of private sales where they add $1,000 on top of the trade-in price they were given. Everyone one wins except for the used car dealers in that scenario
BQZ
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