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$66,666 and $59,000 for these two great Mitsubishi 3000GT/GTO's

by Carsales.com.au | March 23, 2019

 

$66,666 and $59,000 for these two great Mitsubishi 3000GT/GTO's

With the Modern Classic Car era well ingrained now, these two great cars represent great purchases

As we have predicted over the past 10 months, prices of Japanese Supercars have soared, with great cars like the 3000 GT and GTO being carried along in the flow. Whilst the 3000 GT did not benefit from some of the features that the Gen II and Gen III GTO's had, such as the 6 speed Getrag gearbox, they are still fine supercars, with a 3 litre Twin Turbo V6, a great shape, 4WD, 4WS, as well as an aero package. The Gen III's also benefitted from additional power (320 bhp) from the factory, although not too many remain at this figure, with most around 400 bhp obtained by simple tweaks to the 2 wastegate's. Standard cars achieved 0-100 kph in 4.9 secs. As all of our regular readers know, these cars were available last year for a fraction of what they are achieving now. Call us to get in on the next boom cars that our Collector contacts are purchasing right now.

Click here to see this 3000 GTO for $66,666, Build Number 188

Click here to see this 3000 GT for $59,000

SOLD for $833,000 (£450,000). This rusty Bentley shows how strong the Classic Car Industry is.

by BBC NEWS | March 21, 2019

 

SOLD for $833,000 (£450,000). This rusty Bentley shows how strong the Classic Car Industry is.

With Classic Car interest rising daily, this car rose from £260 new, to £450,000, OR 1,900,000%

The car is a 1936 Bentley that was sold last Wednesday by H & H Classics, and despite having seats that were ripped apart and plenty of rust, was actually largely complete.

Click here to read this Article

SOLD for $37,000. This Mini needs a little work.

by MINI OWNERS CLUB | March 20, 2019

 

SOLD for $37,000. This Mini needs a little work.

Some people seemed a little suprised that great Cooper S sold for solid money

As everyone knows, Mini Cooper S's sell for up to £45,000 (AU$83,000) in the United Kingdom, and so the new owner will be well ahead if he finds someone like us to carry out the restoration for him. As with everything, once one pulls the layers from the onion, one begins to understand the value.........This a 1965 car, making it a Mark I, and so that is part of the story.

Click here to read this Article

DOWN $133 Billion. Australia's property downturn is now officially the worst in history.

by MICHAEL JANDA for ABC NEWS | March 19, 2019

 

DOWN $133 Billion. Australia's property downturn is now officially the worst in history.

As we predicted in our News Items and Blogs on July the 15th, 2016, in 2017, July the 23rd, 2018 and November the 27th, 2018), the drop is here !..............with another 25-30% to go, whilst Classic Cars boom, as they always have done.

We sold ALL of our extensive property holdings at the close of 2017, although many did not, hanging on to "the dream". We then purchased significant numbers of Classic and Modern Classic Cars and will now sit back and watch then double and triple in value in the short term. It is that simple when selecting correct cars. Please feel free to join us whenever you like.

Click here to read this Article from yesterday

Classic Cars are THE new investment class for smart Investors, along with jewellery and handbags

by MARK SOLOMONS for THE METRO | March 17, 2019

 

Classic Cars are THE new investment class for smart Investors, along with jewellery and handbags

As property, bank returns and the stock market all DROP month by month, savvy Investors are turning to assets that RISE in value instead.

Yes, now that all the smart Investors understand that there is a global downturn around the corner, it is time to leave the traditional investments behind, and get into the fastest growing new asset classes. Get in now whilst this industry is still relatively new in Australia.

Click here to read this Article

Alfa Romeo sells for $557,000

by R. M. SOTHEBY'S | March 15, 2019

 

Alfa Romeo sells for $557,000

A beautiful 105 series Guilia Sprint GTA sold last month for over half a million dollars

This great car was later upgraded to Stradale spec by Mario Pietriella, after it became a part oif his collection. The Peraluman panels gave a resultant weight of just 740kg, and so the 115 bhp engine propels this car well. There is no substitute for low weight coupled to a modest power plant. 

Click here to see this great car that sold last month for $557,000

SOLD at AU$330,000 for this B12 5.7 litre BMW 8 series

by ANDREW NEWTON for HAGERTY NEWS | March 12, 2019

 

SOLD at AU$330,000 for this B12 5.7 litre BMW 8 series

As the prices of BMW 840's and 850's rise rapidly, this beautiful Lot 123 example did well at last month's Paris Retromobile Auction, despite the 46,000 kms.

As we all know, 1980's and 1990's Modern Classics are gaining traction fast. Just 2 years ago Australian BMW 840's were under $16,000, with 850's at just over $20,000. A quick look at today's Carsales website tells us that the lowest 840 is now $26,500, and the highest 850 is $77,000, with NONE of them being the much sought after CSi variant, which of course was almost never seen in Australia.

It is now just a question of which great car is next to take off. Call us to find out now.

Click here to see this lovely BMW 8 series that sold for $330,000

SOLD !.....at AU$246,00 for this Toyota Supra, an 1100% rise in value across 2 years

 

SOLD !.....at AU$246,00 for this Toyota Supra, an 1100% rise in value across 2 years

Yes, as we always said, Supra Twin Turbo's would reach AU$200,000, and now they have gone WELL PAST that. We were purchasing Supra TT JZA80's for under AU$20,000 2 years ago.

Click here to read our prediction on the 25th of Feb last year

The rise of certain Japanese Modern Classic Cars is HERE NOW. Find out how you can get into this boom, before it is too late, and you say " I was gonna buy a Modern Classic Car". As with all boom cars, they rise and then stop, and another make and model takes over. While some classic Ferrari's and Porsche's are now going backwards, there are new kids on the block.......

As with all of these cars, each one has to be carefully selected by ticking 56 separate boxes, or a similar car could be worthless. Supra's are particularly difficult to get 100% correct.

Click here to see this AU$246,000 Toyota Supra  

1500 % INCREASE in value for the Peugeot 205 Gti 1.9, which sold last weekend for $42,000 (£22,960)

March 10, 2019

 

1500 % INCREASE in value for the Peugeot 205 Gti 1.9, which sold last weekend for $42,000 (£22,960)

This Peugeot 205 Gti 1.9 sold for $42,000 (£22,960) last weekend, a rise of 1500 % since 2016.

As we all know, the 205 Gti prices have been rising and rising for three years now, although NOT this one. It has always been the 'original" 1.6 litre car that has made all the progress, until now. Despite this example being only moderate with regard to mileage and condition, previous ownership was the key here. There is another Peugeot that is just about to take off. Call us to find out which one. We are currently purchasing plenty of them.

Click here to see this great 205 Gti that sold for $42,000

Click here to read the price predictions back in 2016

UAE now taking note of the Classic Car Boom

by THE NATIONAL BUSINESS UAE | March 8, 2019

 

UAE now taking note of the Classic Car Boom

As Axius Holdings and other mainstream Hedge Funds get into Classic Cars, new buildings are popping up to house the acquisitions.

As BNY Mellon Wealth Management in Atlanta has said ""It’s gone from people wanting to have the great contemporary art collection or collecting wine to what we’re seeing now: rich people are going after cars."

Click here to read this Article

Ferrari F50,s, Daytona's, Lancia Stratos's, Delta Integrale's, Countach's sliding in the snow

 

Ferrari F50,s, Daytona's, Lancia Stratos's, Delta Integrale's, Countach's sliding in the snow

St. Moritz was certainly the place to be last weekend, for the International Concours of Elegance (ICE).

Owners of REAL Classic Cars adore driving them in the manner that they were built for...........fast, and sideways.

Click here to read this Great Article

$140,000 for this fine 2 door Range Rover Classic built in 1981, a price that is up 900% on mid 2017

March 3, 2019

 

$140,000 for this fine 2 door Range Rover Classic built in 1981, a price that is up 900% on mid 2017

With values of European Suffix A's and B's (1970-71) at over $240,000 overseas, this wonderful restored Range Rover is a great buy.

Just 18 months ago the highest priced Range Rover Classic on Carsales.com.au was $15,600. Now that figure is $140,000, an increase of 900%. That said, this Range Rover represents excellent value at $140,000, as prices will continue to boom as more fully restored examples trickle onto the market in Australia.

Click here to see this great Range Rover 2 Door for $140,000

Click here to see how you can restore you're Range Rover

Melbourne House Prices fall "The most we've ever seen" says Corelogic's Cameron Kusher

by FRANK CHUNG for NEWS.COM.AU | March 3, 2019

 

Melbourne House Prices fall

Corelogic is Australia's leading Property Price data researcher, and when they say it's bad, that is notrhing in comparison with what is coming (as we have predicted in 2016, 2017, 2018 and now)

We sold all of our Sydney property in 2017, and then invested it onto Modern Classic and Classic Cars. All of our mainstream investors are doing the same, in the mad scramble to get OUT of property investing, where the market will drop another 30% yet.

Property is down 13.2% so far across the 2 major cities, whilst Classic Cars continue their 20 year non-stop rise of 11.8% per annum. Why do you think that there are all these Classic Car Auction centres opening up all over Australia ?. It is an absolute No-Brainer.

Click here to read this Article from 2 days ago

Were the JPS Colours the most alluring ever ?

by JOEL CLARK for PETROLICIOUS | February 25, 2019

 

Were the JPS Colours the most alluring ever ?

There was one era of Formula 1 and road cars that synergised perfectly......

The JPS black and gold era was arguably one of the most stylish ever. This article from back in 2016 unearths why simplicity can often win out.

Click here to read this Article

$148,000 (£79,990) achieved for Ford Escort MkI RS1600 late in 2018

by CLASSIC CAR CURATION MAGAZINE | February 23, 2019

 

$148,000 (£79,990) achieved for Ford Escort MkI RS1600 late in 2018

Yes, just one week after the record price of $131,250 (£70,875) was achieved in November, 2018, this car was sold.

The Ford Escort MKI does have such a major following that prices of great classics like this one will always be rising.

Click here to read this Article

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