Isn't it amazing how some cars devalue so greatly, Cars once costing over 100k you can now buy for less than 10! Anyone got some prices to share!
danni_2254,
Jan 18, 7:24pm
Hey vtec, what do you think about the H22A accord-euro's!
vtecintegra,
Jan 18, 7:35pm
They seemed a bit overpriced last time I looked.
Nice to drive though once you get over the steering (which is weird like most other early electric systems)
rovercitroen,
Jan 18, 7:37pm
Plenty of luxury cars - BMW, Jaguar and Mercedes plus Volvo and Saab and Lexus that were over $200k new in the nineties and are now less than $10k, even in excellent condition with good service records. Look at the prices of used Rollers and Bentleys - bargains!
danni_2254,
Jan 18, 7:40pm
I've noticed even some of those jappers were real expencive back in the day, i.e gto, 300zx ect
robotnik,
Jan 18, 7:41pm
Yes it is amazing. I want to buy a Cayenne Turbo and it seems a middle noughties one can be had for under $50K now.
richard198,
Jan 18, 7:42pm
Lovely car! I'm keen on getting an E46 or E39 but I'd be tempted by that one. 100Km + and V8's arerisky with BMWs. (The perceived ongoing cost is a factor!)
thunderbolt,
Jan 18, 7:45pm
Go back further, NZ new Starion turbo and Legend were big $$$ in the mid eighties.
vtecintegra,
Jan 18, 7:50pm
Even a basic Prelude was $$$ new here.
Japanese imports definitely drove prices down.
thunderbolt,
Jan 18, 7:52pm
Yep, you are right.
I remember servicing one that was a private import before the jappas started flooding in, devalued that car massively in a few short years
danni_2254,
Jan 18, 7:54pm
Imagine how cheap they're are gonna be once the Chinese fleet ages and they export all their crap here.
vtecintegra,
Jan 18, 7:57pm
That isn't going to happen for many years - there is still so much demand from within China that they won't be exporting used stuff.
Also the game is different now, back in the early days of Japanese imports anything went - you could import any old worn out POS without any regard for safety, emissions or anything else
foxdonut,
Jan 18, 9:35pm
Car prices here in Australia are still nice and retarded.
BA Falcon, 350k on the dial, 9+ grand.
Want an MR2 SW20 "Bathurst Edition" (Ie, the slowest, worst one ever made)with 250k on the clock! Got 12 grand!
Mitsi GTO (.), over 100k on that heap of shit they called an engine (. ) Yours for a song - 17-20 thousand.
sw20,
Jan 18, 9:54pm
You get that with protectionism. Not whinging about the wages though are you!
richynuts,
Jan 18, 10:07pm
If I remember rightly a mitsubishi cordia turbo were about $35000, honda legend $90000!,toyota cressida$50000! New cars in the early 80's were more expensive than houses.
foxdonut,
Jan 18, 10:18pm
They're not much better when you live in Australia. I'm in Sydney and doing okay, but only because I don't spend my cash on stuff I don't need.
Consider though, renting a room in an old house with 3 others 15 minutes by train out of the CBD is 300 a week.
I'm forced to pay 12% of my income into Super ("Kiwisaver") and that just gets pissed away by some fund manager / sharetrader with no protection for me.
A taxi to my place over the bridge (3k's drive) 30 bucks
Parking in Sydney CBD for the day! Upwards of 150 dollars. Yes -One Hundred and Fifty Dollars in a Wilson building (its more like 180 but I can't remember the exact figure)
You want to buy a house here! A freestanding three bedroom place close enough to make it worth while! Median price 1.25 million. Then you sell it and loose 23% CGT + when you buy you have to pay 17% over 500k in "stamp duty".
it costs 60 bucks to get your kids photo taken with santa in Chatswood mall.
This isn't the land of free money and high living like its made out to be, it hasn't been for years.
sw20,
Jan 18, 10:25pm
Wow. I thought around $25/day in Auckland was bad.
richardmayes,
Jan 18, 10:39pm
My old man bought his near-new Triumph 2000 in the early 1970s for about $3400 IIRC.
In the late 1970s he started thinking he wanted a 2500cc Triumph, but by that time he had a mortgage so that was out of the question. By the late 1970s a Triumph 2500 was about $6,000 new.
In the early 1980s, late 1970s Triumph 2500s that had been $6,000 new were apparently going for $8,000 to $10,000 for a while. Strange times.
[edit: some or all of these figures could be wrong, it was a while ago I heard this tale.]
michael.benn,
Jan 18, 10:44pm
Funny how you can get Mitsibishi GTO's for a couple grand these days. but RX7's (batman ones) are still $13,000+ .
Porsche 944's can be had for under $10,000 . but when they came out they were like $90,000 +
vtecnet,
Jan 18, 10:51pm
I remember buying a 1986 Mitsi Sigma GSR for $1200 about 6 years ago or so, 1 owner car, the original owner paid about 43k brand new, it had the original sales sheet etc.
A few weeks back I bought an E39 528i for $4000, 98,000k,new it was $120k (for nznew) back in 1997.
A year ago I paid $1500 for a 1995 Golf VR6, this was $71k new back in 1995.
Its hard to imagine that car being worth 71k new back then, I couldn't imagine feeling that I got good value for money, 71k in 1995 was over 1/2 an average house in Christchurch probably.
franc123,
Jan 18, 10:56pm
S class Mercedes Benz of the W140 series would have to be up there with the worst of them re depreciation, it seems that $6K easily gets one from the early/mid 90's with 150-250K on it.6 cyl versions can be had for even less.Given the top models were well into the $200K bracket new thats horrific.
GTO = uber-complex maintenance nightmare, and a big heavy car that isn't as fast as its looks suggest.
RX7 = a simple traditional sports car with a highly tuneable rocketship engine.
944 = Once the newness starts peeling/flaking off your Porsche, skirt stops being impressed, and all you're left with is an old Renault coupe.
foxdonut,
Jan 19, 12:17am
"Rocketship" as in those things the Russians were using to get to the moon in the 60's right!
wasser61,
Jan 19, 12:39am
Japanese Imports had no affect on the price of NZ new cars. As technology increased the cost of manufacture decreased.
Since the public registrations are closed, you must have an invite from a current member to be able to register and post in this thread.
Have an account? Login here.