Sandman Values ?

[davegmh]

I would like to get some thoughts across a get your opinions. I havnt been on this site for too long but have noticed that when a sandman is talked about for sale here, some of the more senior members seem to talk them down price wise. Now please don't take this as criticism. It's just my observation. Do we want values to rise or fall? I would think the former. I purchased a van from this site for close to 50k and recently sold it in under a day for my asking price no questions asked. And before it had been paid for I had a bloke from Brisbane want to drive to Toowoomba immediately and pay more on the spot. Now, I have read many times here that no van is worth more than 30-35k. Are we our own worst enemys.?? If a sandman is obviously crap or dodgy fair enough. But when you see a sandman that has a lot of time and money spent on it and looks awesome then should it be talked up a little, not talked down price wise. The current thread on the HJ Sandman Ute has some saying it's not worth the asking price. Why not.? I looks like brand new. There is more buyers out there willing to pay good money for a GOOD Sandman than most on here think. Just my opinion. Cheers.

Ps. Last I heard the bloke from Brisbane was going to Parks to look at a red van.

[mook]

Depends if you are buying or selling or if you have or have not... Very subjective the second hand car market.

[seavan]

I agree with you here. Its an Australian icon that so many people want now that just is not being made anymore. I had this same conversation with people once about Mokes and they laughed at me saying the are not worth the money and will not go up much more in price. Well who is laughing now! It all comes down to supply and demand, if there is no supply and lots of demand, things can only go up and thats with everything. As our good real estate agent friends always say " God stopped making land but he keeps making people". The same applies for the good old Sandman Im afraid!!

[Valencia]

If you want a sandman to look factory full resto $45 to $50k is what you would spend done right
so is it worth buying one already done if you can get one cheaper

[HZSM50]

I have always said"my Sandman is only worth what someone is willing to pay for it". If that is what I want for it, then I will be happy if that time ever comes. People have told me I paid to much for it but I was happy to pay what he wanted. I love my girl and have been happy to spend what it has cost to restore, to the fact the second one will be started next year. If you want to pay 50+k then go for it. No one can tell you how much you will need to spend. I could have bought a Sandman fully restored for about the same price as my has cost, but the one I have I enjoy so much knowing I did it. Just my opinion!

[Vombil]

they are worth what someone is going to pay. willing buyer, willing seller. they draw criticism in terms of value as they are not a model ie like HQ monaro coupe and they are very hard to identify unless built in Brisbane.

I sold one recently needing resto for $25k. Hopefully the bloke joins the forums and shares his experiences. I didn't think it was worth what I got but knew if i waited and found the right buyer i'd get my money.

to me they are not worth much unless the body is great (to start with), they are windowless (factory) and the numbers line up. but that me. it's just my opinion. they are like assholes - everyone has one

[Frosty]

I agree completely with davegmh. Why talk them down over and over? I see Toranas go for very big money that were just options( think I'm in trouble now). And why does the 253 get such a massive rubbishing when it's still fun to drive and makes all the right noises? Many people come to this site because they think they are cool cars and might want one. Shame on you rubbishers. Why can't a Sandman be worth as much as other classic Holdens?

[wbute]

They have another 10 to 15 years and then they will drop in value rapidly. Look at EH Holdens dropping in value these days.
I can't see how restoration cost has any bearing on the value. Demand and supply are the only determining factors on value. It costs the same to restore a HX Kingswood sedan as a HX Sandman. The value of the car is not the same though.
If you are selling them for 50k plus that's great. It's great they are returning the restoration costs.

[hqhzvans]

They have another 10 to 15 years and then they will drop in value rapidly. Look at EH Holdens dropping in value these days.
I can't see how restoration cost has any bearing on the value. Demand and supply are the only determining factors on value. It costs the same to restore a HX Kingswood sedan as a HX Sandman. The value of the car is not the same though.
If you are selling them for 50k plus that's great. It's great they are returning the restoration costs.

I kinda see where your coming from but I think restoration cost does play a part or perhaps more importantly restoration process if a car has been fully restored no expense spared this will determine the value greatly as well as supply and demand but if you overcapitalise which is easy to do say spend 80k on a resto you will probably still only get around 50k for your hard work, people are out there that dont want to do the hard yards or dont have the time but have the money and will pay the premium prices, It will be interesting to see in 10-15 years what they are worth I have heard that thrown around before that the value will drop due to the generation of people wanting them decreasing but why is this not so with older type cars like hot rods or early Chevs etc, and as far I know EH Holdens are still pulling good money from what I see to fine and full restored one you are looking at 40k plus I am not talking stock EH. Will there be a spike one Holden stops local production and will some various models of the Commodore or HSV line also spike in value and demand time will tell. In regards to the GT's and Monaro's that pulled huge dollars those days are long gone and the owners will never recoup there money as there were other factors at play that steam rolled those increase in values. End of the day you will pay what you want for a car if you want it bad enough unless your unrealistic or a tight arse

[HK1837]

I kinda see where your coming from but I think restoration cost does play a part or perhaps more importantly restoration process if a car has been fully restored no expense spared this will determine the value greatly as well as supply and demand but if you overcapitalise which is easy to do say spend 80k on a resto you will probably still only get around 50k for your hard work, people are out there that dont want to do the hard yards or dont have the time but have the money and will pay the premium prices, It will be interesting to see in 10-15 years what they are worth I have heard that thrown around before that the value will drop due to the generation of people wanting them decreasing but why is this not so with older type cars like hot rods or early Chevs etc, and as far I know EH Holdens are still pulling good money from what I see to fine and full restored one you are looking at 40k plus I am not talking stock EH. Will there be a spike one Holden stops local production and will some various models of the Commodore or HSV line also spike in value and demand time will tell. In regards to the GT's and Monaro's that pulled huge dollars those days are long gone and the owners will never recoup there money as there were other factors at play that steam rolled those increase in values. End of the day you will pay what you want for a car if you want it bad enough unless your unrealistic or a tight arse

Pretty well put.

The cost of restoration is one of the main reasons i'm always harping on about ensuring you are spending all those $ on the right car. It costs the same to restore a 6cyl Sandman as a 308 one, and spending twice as much to buy a rust free example can save you half your paint and panel cost. So you are far more likely to see a better return fom a 308 rust free Sandman than from a repaired 6cyl one. Seems like common sense but there are still people out there buying $7000 rust bucket 6cyl or 253 examples when there is far better value in a $15000 solid 308 example. Or even in a $15000 253 example with its original driveline.