Why are 34 GTR's still so expensive??

[32godzilla]

Hi people, after browsing the net for quite sometime especially the Zele International Japanese website (www.zele-international.com), and noting car prices in Japan I'm just wondering why the hell R34 GTR prices are still so high.

The average prices for 34 GTR's are around $53,000-$59,000 and you can pick some up for as little as $45,000.

Now surely it doesn't cost $40,000 to import and comply so what the hell is going on?? Do we just get the cream of the 34's or do importers just make a killing? Am I missing something?

BTW it's strange how well 32 GTR's are holding their value with most going for around $30,000.

[Lepperfish]

If its strange how well 32 GTRs are holding their value, why is it so hard to beleive that the 34 GTR are holding theirs ?

[32godzilla]

34's might be in Australia but not in Japan, that's my point. $30,000 is the going rate for the average 32 GTR in Japan, with the cheapest around the $17,000 mark.

[PranK]

because R32 GTR's are still the fastest and started a legacy with the GTR series of cars, they are and always will be a starting point for high performance jap cars.

i just wish R33 GTR's would hold their value more.

[32godzilla]

Prank, you could always buy an R33 400R, there's one for $82,000 - should hold its value!!

[T0nyGTSt]

Originally posted by PranK

i just wish R33 GTR's would hold their value more.

I think this is all circumstance.

The 32 is devalued as a whole because it is naturally getting old and coming to 15 years.

It'll remain reasonably high value (ie $20-25,000) because we all love it.

The 34 being the last and so overexposed in film and video game, it'll always been quite expensive.

It will be quite some time before a '99 V-Spec becomes $50,000 (I give it at LEAST 5 years).

The 33 is the interim model - one with the plainest styling, least race cred (IMO) and it is clearly the least favourite.

It irks me that they can go for under $35,000...

And the 33 is my favourite. 32 very close behind. 34 long way behind.

T.

[gizmo]

32godzilla - importers are making a killing. How do i know, one of my friend uncle knows an importer really well and got a R34 vspec compiled and landed in aus for $55k. Another friend who knows also a friend who run carizma in melbourne saids they make in the order of 20-40k on them. I reckon if you go and live in japan for a year and bring it back as a personal import, not only will you have a great holiday but you'll come back with a gtr that will definately be cheaper and better than whats on offer here.

[B0BB0]

Isnt it the tax u have to pay on the import, that make the cost high.

i think the % changes based on the car cost, and car over 50K are 25% tax of the purchase price. Hence this is what makes the 34GTR's expencive.

i.e assume u buy one for 60k, then u have to pay 15000k in tax that makes the cost 75k, then u got to factor in compliance, shipping, finding and buying the car etc.

so basically you cant buy a car for 60K and bring it in for 5k.

B0BB0

[kabab]

What about luxury tax ?

[GT-Rmgedon]

because R32 GTR's are still the fastest and started a legacy with the GTR series of cars, they are and always will be a starting point for high performance jap cars.

Does anyone know if the price of the incoming 15yr old GTR's Is gonna affect the price of 92-93 models already in Australia? I suspect maybe not dramatically but i have noticed that there was a general price surge round 6 mnths ago among dealers selling 32 GTR's from around 31-35k to 35-45k for clean 92-93 models. Modded one's fetch higher now. Just wondering how the demand is gonna be affected now that you can import one for around 10k less plus get all the mods u'd want.

The 34 being the last and so overexposed in film and video game, it'll always been quite expensive.

I reckon this is true. Plus the fact that the RB26 has been retired is gonna ensure that the last model GTR's R gonna be collectors items for a long time to come.

In general i'm a little concerned the value of he 32 GTR is gonna suffer a tad in the next five years once 33's and 34's become cheaper and more affordable.

[predator]

Importers dealers generally charge more markup the more the car costs.. well it seems like that anyway.

They know there are plenty of rich #$@$ who will walk into a showroom and smack down $90k on an R34 GTR.. Because time is money to many people who can afford that sort of car..whereas most of us plebs here would do the research and try and import themselves and save that $30k or so.

I think with the modified thing.. if you've got a heavily modified car with internal work, it will fetch more, but seeing as you will still be able to source plenty of 2nd hand parts from Japan and bolt them on - wouldn't imagine that will change much the prices too much.

I think R32 GTR owners are still in the best position in terms of value..they're not going to drop heaps more, and if they're in good condition always going to be something people are after.

89 models might effect it, but if the quality is still questionable - i'd still pay $30k for one that i knew the car was a-okay, rather than spending on $20k on one that is going to need work.