Our value predictions the last quarter of 2016 in Australia turned out to be quite accurate. We used our 30 years of experience to accurately predict the value rises throughout the following 3 month period, back on the 30th, September, 2016. Please feel free to refer back to the Blog that we compiled in late September to see the actual figures that we spoke of then.
Our predictions were :
Our September prediction Actual Value 3 Month
for December, 2016 in December, 2016 rise in value
Aston Martin DB7 $140,000 $118,600 $43.600
Datun 240Z $126,000 $98,000 $23,000
Ferrari Testarossa $500,000 $485,400 $25,400
Ferrari 456 $265,000 $205,800 $14,800
Jaguar XJS Convertible $72,000 $70,000 $31,500
Lotus Esprit V8 $165,000 None Available to purchase
Mitsubishi 3000 GTO $50,000 $36,220 $22,220
Nissan R32 GTR $75,000 $75,140 $48,540
Porsche 928 $125,000 $85,000 $47,500
Porsche 944 (2.5) $55,000 $42,800 $20,100
As we have previously stated, these figures are compiled from the Australian Classic Car Valuation Tool, which tracks the adverstised prices across seven (7) different forms of advertising platforms, from websites to the best known magazines and other publications in Australia.
For further information on the valuations, and how the market is moving, please call us on our Freecall Number, which is : 1800 001017. We are now VERY actively involved in the restoration of vehicles to meet the demand of this rapidly rising market, and are out purchasing considerable volumes of cars daily now.
This is an ever-growing market that out-strips real estate by some considerable margin. These cars are scarce, and will NEVER be built again. We can always build more houses.