Car Value Question

Mustang Australia

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Offline AussiePhil

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Re: Car Value Question
« Reply #25 on: December 23, 2022, 02:53:02 am »
If you've never buggered anything you've never done anything!
But if you've buggered a lot maybe you're not very good at it!

Two for one is good but four for two is better!

Offline skinner36

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Re: Car Value Question
« Reply #26 on: December 23, 2022, 08:55:25 am »
Ahhh yep, now I know the car you are talking about. Boy they look good

Offline skinner36

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Re: Car Value Question
« Reply #27 on: December 23, 2022, 08:57:06 am »
Hi there,

Yet another pricing question....

Are right hand drive Mustangs worth more than left hand drive?

John

Offline AussiePhil

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Re: Car Value Question
« Reply #28 on: December 23, 2022, 09:14:58 am »
Hey John,
It’s like matching numbers, absolutely unadulterated.
A lot of your modifications to the a purest would be reversed.
But right hand drives done properly are a necessity to some people regarding proper vision and front seat passenger fear!

I’m now not sure that the Wide Violent XY GT I knew about was a GTHO.
Cheers Phil.
« Last Edit: December 23, 2022, 02:47:44 pm by AussiePhil »
If you've never buggered anything you've never done anything!
But if you've buggered a lot maybe you're not very good at it!

Two for one is good but four for two is better!

Offline SMH00N

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Re: Car Value Question
« Reply #29 on: December 23, 2022, 09:51:38 am »
My opinion is to list it in the US as well. With the dollar at ~68 cents, it being LHD and desirable, it might just go back home.
US sites will also give you an idea of their worth, but the car is worth what someone will pay for it. If you do not need to sell, stick a number on it and wait.

Offline skinner36

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Re: Car Value Question
« Reply #30 on: December 23, 2022, 10:05:49 am »
My opinion is to list it in the US as well. With the dollar at ~68 cents, it being LHD and desirable, it might just go back home.
US sites will also give you an idea of their worth, but the car is worth what someone will pay for it. If you do not need to sell, stick a number on it and wait.
Hi Stephen,

I never even thought of that one. I don't need to sell it, and don't really want to but there is no point in it just gathering dust.

Thanks for the ideas

John


Offline fredm666

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Re: Car Value Question
« Reply #31 on: December 23, 2022, 02:40:28 pm »
Hi there,

Yet another pricing question....

Are right hand drive Mustangs worth more than left hand drive?

John
I don't think they are worth more.
Also that depends if the potential buyer prefers LHD or RHD. I personally prefer LHD (mine is) and would consider a RHD Mustang only if the car is perfect in all other aspects and conversion has been done by respectable mechanics.
fred

Offline fredm666

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Re: Car Value Question
« Reply #32 on: December 23, 2022, 02:48:15 pm »
Hey all,
What are the chances, talking about wild violet GT have a look at this.

https://www.9news.com.au/national/unreil-car-collection-uncovered-in-man-cave-worth-over-10-million-goes-up-for-auction-by-lloyds-auctioneers/0b895352-20e4-42d6-8b80-fbb4cd65414d

Cheers Phil.

that is a pretty cool collection...

I would bid on a couple of cars, if I had the money  :lol:
fred

Offline AussiePhil

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Re: Car Value Question
« Reply #33 on: December 23, 2022, 03:11:37 pm »
that is a pretty cool collection...

I would bid on a couple of cars, if I had the money  :lol:
High all,
I thought the Geoghegan Mustang was a clue but the Geoghegan Monaro brings up another name, but the black prefect brings up another, but this bloke wouldn’t? have as many Fords or would they!
I have no idea!

Cheers Phil.
If you've never buggered anything you've never done anything!
But if you've buggered a lot maybe you're not very good at it!

Two for one is good but four for two is better!

Offline skinner36

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Re: Car Value Question
« Reply #34 on: December 24, 2022, 04:05:27 pm »
Hi everyone,

Anyone know what is involved in moving a car from club registration to the normal registration? Also, what is involved in selling a car that is on club plates?

Merry Christmas to all.

John

Offline scollist

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Re: Car Value Question
« Reply #35 on: December 24, 2022, 04:20:43 pm »
Don't bother moving it to full registration unless you have a good reason to.

If the buyer is in Victoria and wants to put it on Club plates it provides no benefit.

There might be a benefit to an interstate buyer, but it would be a lot of effort to go to if not needed.  You would need to get a roadworthy - not a big deal if the car is in good condition, but expect some pickiness from RWC testers. Especially around any oil leaks - bad news if you have to get that fixed, plus any looseness in suspension or steering (which is very very common) would be picked up I would think.

I'm not 100% sure, but you might also be required to pay Stamp Duty on registration. Definitely would be payable by a Victorian buyer once you sell if they want to keep the full registration.  Stamp Duty on $100K is a lot of money (if is sold for greater than $100K the SD is $10.40 per $200 market value - so $5200 minimum!!!).



Online GEOFF289

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Re: Car Value Question
« Reply #36 on: December 24, 2022, 04:25:03 pm »
To put it on full rego, presuming you mean in Victoria, it's effectively a new registration. You'll need a RWC, import papers and have to take it for inspection by Vicroads. As well as the actual rego/TAC charge you'll also have to pay an inspection fee and for the plates themselves.

If you sell it as is the Club Permit is not transferable and you're effectively selling an unregistered vehicle. You have to take the CP plates off and return them Vicroads. It is up to the new owner whether they want to put it on full rego or get a Club Permit themselves. They'll need a RWC for the former and with most clubs, including MOCA, will also need one for a CP. The major upside for the buyer is that they avoid the duty and transfer fee. If you only get your initial guess of $70K for it the duty in Victoria is $2,800. If you get $100K for it the buyer will be up for $4K in duty to transfer full rego. I think its more in some other states. 

I really wouldn't bother putting it on full rego to sell. Selling these cars without full rego is kind of the norm. You don't know what the new owner wants to do or which State they'll be from. Up to you whether you offer a RWC to take some of the risk out of it for the buyer and make it more marketable but again you don't know which State it will be going to and whether a Vic RWC is worth anything.

Offline skinner36

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Re: Car Value Question
« Reply #37 on: December 24, 2022, 04:48:26 pm »
Again, terrific advise, guys.

I will leave it on club plates then but I will get a roadworthy. If the buyer is from another state it will give them a little peace of mid to the car's overall condition. Also it will tell me if there is anything that needs fixing.

Thanks,
John

Offline scollist

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Re: Car Value Question
« Reply #38 on: December 24, 2022, 05:28:15 pm »
P.S. John - is this the car with the tri-carb setup?  If so you can add several thousand just for that.

Offline skinner36

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Re: Car Value Question
« Reply #39 on: December 24, 2022, 06:21:11 pm »
P.S. John - is this the car with the tri-carb setup?  If so you can add several thousand just for that.

No, single 4 barrel

Offline skinner36

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Re: Car Value Question
« Reply #40 on: March 13, 2023, 02:42:07 pm »
Hi everyone,

Since the beginning of January I have been monitoring 65 - 66 Mustangs on Carsales and I have noticed the following.

Currently, there are 21 Mustangs offered for sale.
15 fastbacks
2 coupes
2 convertibles

The fastbacks range in price from 78,000 - 115,000 and 2 have been withdrawn from sale in the past week.
The coupes range in price from 63,000 - 70.000
The convertibles are 89,990 - 92,000

About 5 of these cars have had a price drop while I have been monitoring them.
I haven't seen any 65-66 mustangs sold on the site this year.

I will keep following this but from what I am seeing, with interest rates the way they are, this might not be the best time to sell.

Cheers,

John






Offline Clubman7

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Re: Car Value Question
« Reply #41 on: March 13, 2023, 05:44:01 pm »
Probably most are overpriced for the current economic climate.
There is some room to discount as I think they went up 30% in the last three years.