CGT Prices
03-07-2014, 09:30 AM
#136
Burning Brakes
Gentlemen. I have been offered a yellow one with 800 miles on it but the car has been sitting for a long time. It needs new tires, service, seal is leaking and clutch needs replacement. The cost for everything is close to $40K. Can someone give me an idea what the car is worth?
03-07-2014, 09:46 AM
#137
Rennlist Member
With mileage under 1,000 and it being yellow, the car is easily worth $550,000 and maybe more. Subtract the service needed to make it perfect and there you are.
03-07-2014, 09:56 AM
#138
Burning Brakes
I was figuring $500,000 less service cost.... but they have going up a lot so $550,000 could be a real number at this time.
03-07-2014, 11:15 AM
#140
Burning Brakes
They sent me a written estimate showing $38,000 for everything but you are right as the cost could go even higher once they actually start doing the work..... BTW, I can buy a real nice car for $50K!
03-07-2014, 10:02 PM
#142
I've had my yellow '05 CGT for about a year now. Love the car. It had a little over 7k miles when I bought it. About to turn over 10k miles. I'll worry about it's value when I'm about 75 and can't get my 6'4" frame folded up and into the car. Till then it's a keeper.
03-08-2014, 01:03 AM
#143
It will both add up due to more time required than they anticipated and other issues they will most definitely find along the way as they progress. $38k can also buy a pretty nice car!
03-08-2014, 02:54 AM
#144
GT3 player par excellence
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Lifetime Rennlist
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^ well if we are gonna get technical, Leica is a lens maker not a camera maker, wouldn't you say? So all manual focus leica lenses are analogue, and auto focus one aren't. And by that definition, a leica body that is designed to work with a M mount lens is therefore an analogue camera. that'ts of course my opinion.
Also, I think what makes something digital versus analogue comes down more to user experience rather than a sum of parts.
Also, I think what makes something digital versus analogue comes down more to user experience rather than a sum of parts.
Well, not disagreeing with your overall point, etc., maomao011, in cameras (in general), digital versus analog refers solely to the recording medium (CCD/CMOS sensor versus film) -- and this has influenced the development of cameras to a very big degree (bigger lens, smaller cameras) so their look is obviously "digital cameras". And some cameras are now called "retro" which harken back to the design of some of the older film cameras. And, while a big film buff for sometime, I can now very comfortably say that the modern digital cameras far exceed what was made possible by film (although this had a different look for a few reasons). For example, in general, a 35 mm digital camera today can easily rival medium format film.
Therefore, I don't think the use of the terms "analog versus digital" from cameras should really be applied to cars. One could say, for example, that using a Leica M rangefinder is far more involving than a SLR, but that applies to either a film or digital M.
Therefore, I don't think the use of the terms "analog versus digital" from cameras should really be applied to cars. One could say, for example, that using a Leica M rangefinder is far more involving than a SLR, but that applies to either a film or digital M.
35mm is as good as medium format and actaully better. but i prefer the the soft fuzziness of mamiya rather than the sharp focuse of most 35mm SLR or DSLR.
finally the manipulation of negatives (if you can call it that in the digital world). not more dark room, no more carcinogenic developer fluilds,no more red lights, no more shirts covers with brown dots.....
ok, showing my age now...
back to CGT.
03-09-2014, 09:19 PM
#147
Rennlist Member
Indeed. For those wondering, here's the link: http://www.rmauctions.com/lots/lot.cfm?lot_id=1065115
Totally forgot about this one, but now I remember why... Euro-spec car. With enough US-spec cars on the market here in the US, I dropped this one from my radar.
Totally forgot about this one, but now I remember why... Euro-spec car. With enough US-spec cars on the market here in the US, I dropped this one from my radar.
03-09-2014, 10:05 PM
#148
Drifting
Add the 2.5% charge for US buyers places it right a 500k.
Many Ferrari's & Porsche's closed at 20% above the high side was hoping to see mid 5's for the yellow CGT.
Many Ferrari's & Porsche's closed at 20% above the high side was hoping to see mid 5's for the yellow CGT.
03-09-2014, 10:20 PM
#149
Rennlist Member
A Euro-spec low mileage yellow beauty is worth $478.5k.
03-09-2014, 10:52 PM
#150
Drifting
Yes, but remember, that doesn't mean it's a $500k car in a non-auction / private sale. I know some people will have a philosophical argument with me on this, but I don't like to lump in auction fees when stating value of my car(s). Also, most collectible car insurers don't lump those fees in when allowing you to raise the agreed value of your car. Why? Because the seller doesn't get those fees, the auction house does. It's no different from not lumping in taxes/registration into the value of your car.
A Euro-spec low mileage yellow beauty is worth $478.5k.
A Euro-spec low mileage yellow beauty is worth $478.5k.