Quote Originally Posted by Wally View Post
I purchased a brand new CV8R in 2004 for 50k sold it in 2012 with 16000 k on the clock for 40k. It was untouched as new. It was a beautiful motor vehicle . I bought it because at 45 yrs old I could now afford it and I thought it would increase in value. It took me eight years to realise that the cv8 / cv8r / cv8z are like bum holes and every second bloke has one tucked away in the shed thinking the same thing as me. Hence my opinion is that they probably won't be worth a lot in my lifetime. That's why a paid a lot of $ for a beautifully restored sandman 2weeks ago.
Ah but Sandmans are at peak value now. Cars built in the 90's and 2000's are still too new.
You have not given them long enough to reach what they were worth when they were new.
If you are buying a car to invest or make money you will lose.
If you bought a Sandman new in 1979 and locked it away till now it might be worth $50000. By the time you take inflation into account it has lost you money. It is worth less now than a new SR5 Hilux ute. A poor investment. Plus it will start to decline in value just as cars from previous decades have as the interested people get too old to care about them any more.
Only someone who loves a car keeps it forever.
New Monaros will have their day just as worthless Sandmans of the 80's and 90's are having now. History repeats itself as the song says.