2009 Gt-R Prices

[1R26DETT]

Been lurking on this forum for a while and I have also been monitoring the prices of 2009 GT-R's. I was wondering when you think the private prices will drop to around the 70-75K mark, recently a car was auctioned by Grays online with a final sales price of $73,500 the car had ~60,000km. There have been a few examples of 85K on carsales however these don't last long or they are JDM 2008 GT-R's.

I know a GT-R is an amazing car and great value for money, I just find it interesting that their depreciation has plateaued or at least the price at which they are advertised. With some of your expertise do you think these cars are likely to fall around the 70K mark around February/March next year? Would the 2015 Model effect the price this much and also with anticipation of the new GT-R result in a similar change.

Feel free to voice your opinions

[turboadam]

I cant see them falling that far for a long time yet. Remember that these were a $170k car.

If you have the cash or the means, do it now. Who knows where you will be in 1 year from now.

2015 model will make absolutely no difference at all. R35 may.

Edited July 23, 2014 by turboadam

[GTR32G]

If R35 prices dropped to 70k, good R34 GTR would need to be selling for under 40k. used car market on performance cars is based on bang for your buck as well. Will be a few years till it gets to that price in my opinion.

[mxfly]

You didn't mention the auction car sold for $73,500 commands another 7% which then takes it close to 80k. Then add all the other bits like rego, possible new tyres, servicing, etc and the cheap selling price now seems a lot more.

[GH05T]

being a performance car out of warranty, The cost can also be in the onwership, especially if you get the wrong one (usually the cheapest)

but yes they are going to hang around that price for a while.

[1R26DETT]

You didn't mention the auction car sold for $73,500 commands another 7% which then takes it close to 80k. Then add all the other bits like rego, possible new tyres, servicing, etc and the cheap selling price now seems a lot more.

The 7% is a fixed fee so that should probably be included in the calculation, but servicing tyres and rego could be an addition to every car bought second hand, however there is always an added risk to buying cars from auctions and arguably you can do a better deal privately with cash in hand.

It's certainly a great car for the price, but its holding value better than an M3 or a C63 or nearly every other car made in that year at that price point. I usually take redbook with a grain of salt however their prices are

Private Price Guide $80,500 - $88,100 Trade In Price Guide $71,800 - $79,400

and for the premium

* Private Price Guide $82,700 - $90,400 * Trade In Price Guide $73,800 - $81,500 * Average Km 50,000 - 90,000

If R35 prices dropped to 70k, good R34 GTR would need to be selling for under 40k. used car market on performance cars is based on bang for your buck as well. Will be a few years till it gets to that price in my opinion.

I guess like with anything to anything the value of the car is what a person is willing to pay for it! I doubt many 15 year old cars can command what the BNR34's do these days, but there is always that bang for buck element with these cars

[GH05T]

Look at 32gtrs or HR31s, basically anything but the 33 is holding very good values.

[mxfly]

The 7% is an addition to the final auction price. I was going to bid on that car myself but finding out the 7% premium put me out.

[mxfly]

It states this on their site.

Buyers Premium

A buyers premium of 7% applies to all lots purchased in this auction.

For example: Successful Bid Price is $100.00 + 7% Buyers Premium = $107.00 Invoice Total

[1R26DETT]

It states this on their site.

Buyers Premium

A buyers premium of 7% applies to all lots purchased in this auction.

For example: Successful Bid Price is $100.00 + 7% Buyers Premium = $107.00 Invoice Total

Yeh but even with the 7% premium we are still looking at 78,645, which is quite a difference from the Private/Dealer prices

[IOWNU]

Auction cars can tend to get a fair bit cheaper.

The trade off being you can't drive the car- that's very risky for an R35.

I imagine prices will hold firm for quite some time, these cars are in demand and production is low.

Edited July 27, 2014 by IOWNU