Gtr's Realy Worth $20K?

[Aussie_Delivered_R32_GTR]

I think I've seen those prices before, are they accurate? I always thought GTR's were over the 100k mark (especially considering the 300ZX was 93K?)

If they are accurate, the R34 depreciation rate is amazing. 13 years on and still approx 50K today for a clean, unmolested vspec example in a popular colour.

The ADM R32 GT-R sold for about $110,000.00 plus on road costs. The price I quoted was the Japanese price in Yen then converted at todays exchange rate, purely as a guide. I don't know what the exchange rate was 20 years ago. The 300ZX Automatic in 1996 was $87K so I guess with ORC the $93K figure is accurate however it was 5 years later vs the 1991 ADM GT-R. From memory the Australian dollars was at the bottom of the birdcage in 2000/2001. It was at about $0.47c to the USA Dollar so on the cross rates against the Yen it may well be 50% more than the price I quoted.

You also need to remember that they made about 44,000 R32 GT-R's, 16,422 R33 GT-R's and only 11,300 R34 GT-R's. That has a bit to do with it too....

Cheers,

Bob.

[iwanta34gtr]

Thanks Bob.

Love the pics of your R32 GTR's, they both look extremely clean - and standard.

Fantastic.

[nomnomv8]

I think I've seen those prices before, are they accurate? I always thought GTR's were over the 100k mark (especially considering the 300ZX was 93K?)

If they are accurate, the R34 depreciation rate is amazing. 13 years on and still approx 50K today for a clean, unmolested vspec example in a popular colour.

Not sure on the accuracy of those prices. I remember seeing a receipt of purchase from a Sydney yard dated back to 2003 from memory on a 99' R34 Vspec that the owner payed 100 - 110,000 on.

In terms of depreciation all cars do eventually hit the downward spiral (unless its a rare model ofc) but 50k for a japanese car thats now 12-13 years old is certainly good resell value !

[iwanta34gtr]

Every car you mod is a money pit, i think stock untouched it worth more these days

Thats what I noticed when shopping, with GTR - most likely because there arent many unmodified ones left.

[Aussie_Delivered_R32_GTR]

Thats what I noticed when shopping, with GTR - most likely because there arent many unmodified ones left.

Here are some examples that support that.........

I know that these are dealer prices but one would expect it be realistic based on the mileage.

Some very low kms cars there so the price is understandable. The first two I think reflect something in line with what I own.

Cheers,

Bob.

http://j-spec.com.au/dealer/1994-Nissan-Skyline-7050878.html

http://j-spec.com.au/dealer/1994-Nissan-Skyline-7037446.html

http://j-spec.com.au/dealer/1992-Nissan-Skyline-6999863.html

http://j-spec.com.au/dealer/1993-Nissan-Skyline-6995099.html

http://j-spec.com.au/dealer/1994-Nissan-Skyline-6995096.html

http://j-spec.com.au/dealer/1991-Nissan-Skyline-6957724.html