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The Mercury Cars Guide : August 28th 2010
10--- Classifieds 62 300 400 • carsguide.com.au Saturday, August 28, 2010 TOP DOLLAR Classic Auctions WHEEL DEALS used cars Waynes Car Sales WAYNE'S deal of the week is a 2002 Holden Rodeo 4x4 dual cab ute. This one-owner vehicle features a 2.8-litre turbo diesel with a five-speed gearbox, towbar, bulbar, roof racks and canopy. Full service history is available. There is 140,000km on the clock and the price is $16,990. Tilford AT Tilford Used Cars there is an affordable 2007 Hyundai Tucson wagon. This car is packed with features for the great price, including electric windows, cruise control, factory alloys, fog lights and remote central locking. All this in a late model SUV for $15,888 drive away. Simply great value. DJ Quality Used WHEEL Deal for the week at DJs is a selection of 2009 Kia Grand Carnivals. Four to choose from, each with semi-automatic transmission, eight seats, dual sliding doors, air conditioning and the remainder of new car warranty. Drive away at $29,990. Co-Op A 2006 Toyota Landcruiser Prado VX wagon is Co-Op's hot used deal. This 4.0-litre petrol automatic has leather seats, woodgrain finish and its full Toyota service history at $39,990. Motors Glenorchy MOTORS has a 2001 Toyota Tarago eight-seater van at $17,995. Powered by a 2.4-litre four-cylinder engine, it has an auto transmission with power steering and air. Petrol heads bid up big for Aussie classics RARE: This 1985 VK Group A Commodore SS, left, number 362 of only 500 built, was snapped up for $63,500 at this month s auction while a 1946 Plymouth Woody, now with a 327 V8 engine and bodywork partly in ash, achieved $50,000 in Melbourne in May. PHASED OUT: A dark green 1971 Ford Falcon GT HO Phase III 351 V8, fully restored and with only 172,000km on the clock, fetched $331,000 at auction in in Melbourne in May. IN PASSING Who d spend millions on an old car? Many do overseas while old Falcons and Monaros easily get six-figure sums here, reports STUART INNES COLLECTABLE: This Porsche 917, a 1970 Le Mans coupe racer then updated to a Spyder for 1972-73 racing in Europe in the Gulf team and driven by Mike Hailwood and David Hobbs, fetched $4.45 million this month in the US. WHAT'S an '85 Commodore VK worth? One sold this month for $63,500. A Falcon nearly 40 years old? Try $331,000. Highest price paid in Australia is recorded at $920,000, for an HRT 427 Holden Special Vehicles coupe which means a souped- up 2002 Monaro. Yet it's chickenfeed compared with the annual Pebble Beach auctions in the US this month where about 10 cars broke $4 million each, a '59 Ferrari fetching well over $8 million. That Ferrari is a GT250 LWB Spider Competizione. Must be something about those 250s; a 1957 Ferrari 250 Testa Rossa claimed the world's highest price, at auction in Italy last year $16.2 million. At Pebble Beach this month much older cars scored, too: a 1933 Alfa 8C Monza made $7.5 million and a 1938 Talbot-Lago T150 Coupe $5.2 million. It's a different league to Australia where, nevertheless, there is still realistic demand and prices for our favourite muscle cars and classic European marques. ''Australia has fewer collectors and less wealth,'' says Shannons Auctions national auctions manager Christophe Boribon. ''There's not too many out there in Australia looking for $1 million-or-more cars.'' The 427 HRT, one of only two built, was bought by a Monaro fan in Sydney two years ago ''Cars like this don't grow on trees,'' said the Monaro collector in a specialty-dealer's sale. Mr Boribon says that car was offered at auction this year but failed to sell after interest faded about $400,000. In 2007, the media reported an eastern-states buyer paid $750,000 for a 1971 Ford Falcon GT HO Phase III. It is known for certain that $683,750 was paid at auction for another GT HO in 2008. That model Falcon is the lead Aussie muscle car from the heady days of racing at Bathurst. The Phase III took five of the top six places at Bathurst in 1971 with Allan Moffat at the wheel. Now, some can afford to satisfy their dream and have the cash to do so. ''Buyers are predominantly baby boomers,'' says Mr Boribon. ''They are self-made blue- collar workers who own a business or white-collar professionals who have done well. The kids are grown up, they want something to tinker with and the car gives them a social perspective, something to do with their partners and friends.'' A Shannons Auction in May fetched $331,00 for a 1971 Falcon GT HO after a fierce bidding war between floor and phone bids. It started at $260,000 went up in $10k jumps, then $1000 bids in a slugging match, the phone bidder winning. This month's auction found $63,500 for a 1985 VK Commodore Group A SS, one for Brock enthusiasts. Plenty of cars go for $10,000 to $20,000, including '70s exotic sports cars but buyers need to be aware that parts and maintenance and any rehabilitation work might cost a lot more than what they pay for the car. It's not just classic cars that are in demand. Automobilia allows enthusiasts whose garage already is packed with cars to decorate any space left over. A 1.8m tall Dunlop Tyres sign fetched $2220 and a 1940s fuel pump attracted $4300. Someone paid $94,000 to have Victorian numberplate 599 (perhaps to put on their Ferrari?) while early this year $100,000 went for plate 153, once used by a former Victorian Premier. In England, numberplate M1 fetched $796,000 you could buy a new Ferrari 599 and the 599 numberplate. A world record for any Porsche sold at auction was achieved at the Bonhams sales this month at Pebble Beach, $4.45 million for a Porsche 917 racer. Historic race cars sometimes appear in Australia and if it's got pedigree properly authenticated it makes a big difference in the value. A car that had a famous driver or won a famous race will be worth much more than its sister team car, despite being identical. Mr Boribo says Gen X enthusiasts are now buying Mustangs and Camaros because they are fast, low maintenance and parts easy to get.
August 14th 2010
September 11th 2010