$400k for an R34 GTR?

[PranK]

 

https://www.caradvice.com.au/885440/rare-nissan-r34-skyline-gt-r-fetches-record-sum-at-auction/

Wow. More craziness in the classic Sports car world.

What do you think this GTR is worth? If you had the money, what would you pay for it?

[The Bogan]

59 minutes ago, PranK said:

 

https://www.caradvice.com.au/885440/rare-nissan-r34-skyline-gt-r-fetches-record-sum-at-auction/

Wow. More craziness in the classic Sports car world.

What do you think this GTR is worth? If you had the money, what would you pay for it?

Is this one of the "rebuilt by NISMO" cars, fully stripped down and rebuilt in Japan?

There was a purple 34 a while ago that some aussie guy had rebuilt there, cost was apparently, alot...

Meh, rich people and their toys

#IwishIwasrich

[BK]

Nah, just one of the M spec NUR versions. The purple GTR your thinking of is probably the V spec performance Z-tune. That's about the only one I'd expect to pull that sort of money, buy hey.

I found a new contender though. Anyone interested in a R32 GTR N1 with 4000km on the clock....? WTF, have a look at this madness.

https://buyee.jp/item/yahoo/auction/v724458753?conversionType=search_suggest

[phelbas]

an nsx not an nsx r just auctioned on bringatrailer for $325k usd

it was a zenardi edition and had perfect history but clearly the time for some JDM classics has arrived.

[joshuaho96]

Actual source here. Grade 4.5B, Nur Sport engine installed by Omori Factory, oil filter relocation, TE37s, aftermarket exhaust, pods, aluminum cooling panel, aftermarket double DIN head unit. So definitely modified, but not to Clubman Racer levels of modified.

[hardsteppa]

The market is clearly telling the japanese auto industry what sort of cars they need to start building...90's classics.

[phelbas]

double din head unit and oil filter relocation! well that explains it

[robbo_rb180]

its madness what they are going for.
Reminds of early 2000's when Oz muscle/classic cars went silly crazy but then had a massive drop after a while. I would like to see where they are ending up and what the owners are doing with them. 
Have a look at what the used Ferrari market is like as the 90's models like the f355 have gone from $80-90K in 2007-2009 and then all of a sudden jumped to $150-200k+ for the manuals. 
Everyone that grew up with them and dreamed about wanting one I think have now got the means to own one so demand is definitely driving the price up along with younger people being influenced by the youtubers/instagram persons

[junkie]

These cars are not being bought by people who actually want them.

They have become part of the investor/flipper market, for people with deep pockets who simply look at potential future profit and nothing else

[phelbas]

1 minute ago, junkie said:

These cars are not being bought by people who actually want them.

They have become part of the investor/flipper market, for people with deep pockets who simply look at potential future profit and nothing else

I don't agree. I think they are also being bought by people with deep pockets AND who have always wanted one. Of course they ALSO suspect (rightly or wrongly) they may hold their value or even appreciate further due to USA, blah blah.

The ones I feel sorry for is the people in the states who are going to be buying the "best skyline they can afford" even $$$ ones they then pay Japan to garage, or store in Canada for now, not realising they've been stuck with a rolled back car, one with rust or worse, or one that will pop the moment they hammer it.

[GTSBoy]

7 minutes ago, phelbas said:

The ones I feel sorry for is the people in the states who are going to be buying the "best skyline they can afford" even $$$ ones they then pay Japan to garage, or store in Canada for now, not realising they've been stuck with a rolled back car, one with rust or worse, or one that will pop the moment they hammer it.

Meh. They live in a country where they can easily buy a Corvette. There's only so much sympathy I can spare for people who want a dirty old Datsun instead.

[The Bogan]

Some of it has to do with dying baby boomers and redistribution of wealth.

At my age (55) I know quite a few people that are now getting inheritances consisting of multiple properties and other large assets.

A couple of my friends are in this boat, mum and dad invested well, and now the kids, who are now in their 40-50's are riding high.

One guy I know well from my youth ended up selling/cashing in all the assets during the settlement and became instant multi millionaire.

He now owns a heap of classic cars and bikes, he basically found the best condition stuff he alway wanted and dropped the cash.

Now his biggest concern in life is needing to buy a bigger house because the current one has run out of places to park up all the stuff he has and the other stuff wants.

Good on him, because you cannot take it with you.

[phelbas]

it doesnt take too many jay leno types around the world to absorb the best r34s that are left.

[GTofuS-T]

1 hour ago, mlr said:

Good on him, because you cannot take it with you.

This is true, stupid boomers should have enjoyed themselves a bit more

[The Bogan]

2 hours ago, GTofuS-T said:

This is true, stupid boomers should have enjoyed themselves a bit more

I only wish I could piss away cash.

I would buy it, daily it for a while, then track it until it broke, then, rebuild it, boost the bejebus out of it, and then, typically, I would crash it...

Then buy another one to rinse and repeat.

[joshuaho96]

5 hours ago, GTSBoy said:

Meh. They live in a country where they can easily buy a Corvette. There's only so much sympathy I can spare for people who want a dirty old Datsun instead.

I know this is hard to believe, but even a dirty old Datsun has better interior than a Corvette: https://youtu.be/kuPxSvKGcGY?t=92

 

 

Edited September 23, 2020 by joshuaho96

[Shoota_77]

Slight segway but hows that quality of the ad for a car they're asking $487000 for ?!!

https://buyee.jp/item/yahoo/auction/p778104436?conversionType=yac_item_bottom_recommend_list

"The pictures speak for themselves"!!

[GTSBoy]

I'm talking new Corvette. Not the old shitboxen. $60k US on one of those or $60k US on some old drift hack from Japan? Easy choice. And that's completely ignoring the other 60 years of awesome cars available in the US.

[joshuaho96]

2 minutes ago, GTSBoy said:

I'm talking new Corvette. Not the old shitboxen. $60k US on one of those or $60k US on some old drift hack from Japan? Easy choice. And that's completely ignoring the other 60 years of awesome cars available in the US.

Yeah, that's fair. But the C8 is ultimately a very different kind of car, DCT-only. I think that's pretty apples and oranges.

[Kinkstaah]

2 hours ago, GTSBoy said:

I'm talking new Corvette. Not the old shitboxen. $60k US on one of those or $60k US on some old drift hack from Japan? Easy choice. And that's completely ignoring the other 60 years of awesome cars available in the US.

While I tend to agree - The reason we like Corvettes is why Americans like Skylines... they don't have them.

I think a C6 Z06 with a 7 liter V8 and a manual is pretty peak car. But over there they're 'common', and a boosty boi R34 is more rare and appealing as a result.