prices on CGT?
#91
Ncoburn, I found quite the opposite on CGt's including feedback from the techs/mechanics that work on them. Cosmetic condition, I agree, lower miles usually = better example. On the mechanical side, the low mile examples I inspected needed as much of more mechanical attention. Many have never had an engine out. And there are some mechanical issues specific to CGTs that tend to be more problematic in examples that sit.
At the ends of the spectrum, I had a 600mi car that needed $30k and a 12kmi that needed wiper blades.
And, yes, Jimmy is the man when it comes to these cars.
YMMV
At the ends of the spectrum, I had a 600mi car that needed $30k and a 12kmi that needed wiper blades.
And, yes, Jimmy is the man when it comes to these cars.
YMMV
Congrats on your car. Amazing machines.
Nick
#92
Both Nick and Jrtaylor are right, it just totally depends on the specific car, and whether the deal is at a fair number for that car considering the maintenance needs (and, let's be honest, 99% of Carrera GTs that come up for sale privately or publicly have some maintenance needs).
Miles do not tell the full story - it can also depend highly on how the car was stored, where it was stored (climate), whether it has been regularly started, warmed, driven, basic vital fluids changed, etc.
It's possible to have a 1,500-mile car that has been warmed + driven 4 miles every other weekend since new, or it's possible to have a 1,500 mile car that was driven 1,500 miles then stored for 10 years. I won't argue which is necessarily better, but the point is miles do not alone speak to how a car like this has truly lived its life.
Ownership history, maintenance history, and an inspection are the only way to fully determine what you're dealing with.
Miles do not tell the full story - it can also depend highly on how the car was stored, where it was stored (climate), whether it has been regularly started, warmed, driven, basic vital fluids changed, etc.
It's possible to have a 1,500-mile car that has been warmed + driven 4 miles every other weekend since new, or it's possible to have a 1,500 mile car that was driven 1,500 miles then stored for 10 years. I won't argue which is necessarily better, but the point is miles do not alone speak to how a car like this has truly lived its life.
Ownership history, maintenance history, and an inspection are the only way to fully determine what you're dealing with.
#93
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All I know is that as I ponder cars I’d like to buy I really struggle to think of one for $1-2m that I’d prefer over a CGT. Now not every one is made for a CGT. But those who are understand why it’s still so undervalued.
Once you realize that you are buying a multi million dollar value car for significantly less perhaps all these threads abt fear of maintenance costs would dissipate.
Once you realize that you are buying a multi million dollar value car for significantly less perhaps all these threads abt fear of maintenance costs would dissipate.
#94
All I know is that as I ponder cars I’d like to buy I really struggle to think of one for $1-2m that I’d prefer over a CGT. Now not every one is made for a CGT. But those who are understand why it’s still so undervalued.
Once you realize that you are buying a multi million dollar value car for significantly less perhaps all these threads abt fear of maintenance costs would dissipate.
Once you realize that you are buying a multi million dollar value car for significantly less perhaps all these threads abt fear of maintenance costs would dissipate.
#95
Rennlist Member
Yeah, it was the only car in this last dip/sell-off that I thought was worth adding to my small collection. I didn't foresee CGT prices recovering as quickly as they have especially as most of car market continues to soften. But it's a mute point other than entry-point; I'm hoping my kids have to deal with selling this car one day. I don't plan to. I did sell the low-miler and kept the 12kmi example. I'm a driver, not a collector.
#96
Yeah, it was the only car in this last dip/sell-off that I thought was worth adding to my small collection. I didn't foresee CGT prices recovering as quickly as they have especially as most of car market continues to soften. But it's a mute point other than entry-point; I'm hoping my kids have to deal with selling this car one day. I don't plan to. I did sell the low-miler and kept the 12kmi example. I'm a driver, not a collector.
#97
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We serviced the 180 mile car in for service after it was sold to a customer of ours. The car was in great shape mechanically- we took some stuff off it and replaced the original tires, did an annual service, and noted very little patina on the car. It's almost automatic that every CGT will have nicks on the kick plate, the edge of the door, or a chin scrape if it has some miles. Very few perfect cars still exist.
Whatever you buy, make sure the seller is honest. Service records tell a lot of the story on a car - you should see regular intervals of miles and services. It's not just the clutch measurement and the car is good to go.
Lots of these will have imperfections. If it has touch up- I say Yes it has been touched up here and here- when the customer asks why? Oh the guy didn't have a clear bra, or because the 2006 level clear bra adhesive ate the paint when it was taken off etc.
Inspection is very important, but whatever you spend on it- just know if it has been wrecked or not- you cannot "unwreck" a car, but you can respray a chin spoiler or replace a clutch or a leaking seal/gasket.
The cheap black car was originally silver.
Whatever you buy, make sure the seller is honest. Service records tell a lot of the story on a car - you should see regular intervals of miles and services. It's not just the clutch measurement and the car is good to go.
Lots of these will have imperfections. If it has touch up- I say Yes it has been touched up here and here- when the customer asks why? Oh the guy didn't have a clear bra, or because the 2006 level clear bra adhesive ate the paint when it was taken off etc.
Inspection is very important, but whatever you spend on it- just know if it has been wrecked or not- you cannot "unwreck" a car, but you can respray a chin spoiler or replace a clutch or a leaking seal/gasket.
The cheap black car was originally silver.
#98
Rennlist Member
What's wrong with a little repaint CJ? Salomondrin's CGT is repainted and I'm betting he could get all the money out of that one!
Last edited by joejenie; 09-14-2018 at 08:55 PM.
#99
Drifting
It's not about clutch wear - it's about buying the car you think you are buying vs someone claims to be selling.
The less owners the less stories and Salomondrin is a you tuber who talks a lot - don't see any value in his ownership or his re-spray and he doesn't either he states it's never going to be for sale and could care less about depreciation.
Like him or hate him - he's honest which is the premise.
#100
#101
Rennlist Member
I think CJ was saying be honest or have someone who knows CGT's look at the car before buying.
It's not about clutch wear - it's about buying the car you think you are buying vs someone claims to be selling.
The less owners the less stories and Salomondrin is a you tuber who talks a lot - don't see any value in his ownership or his re-spray and he doesn't either he states it's never going to be for sale and could care less about depreciation.
Like him or hate him - he's honest which is the premise.
It's not about clutch wear - it's about buying the car you think you are buying vs someone claims to be selling.
The less owners the less stories and Salomondrin is a you tuber who talks a lot - don't see any value in his ownership or his re-spray and he doesn't either he states it's never going to be for sale and could care less about depreciation.
Like him or hate him - he's honest which is the premise.
#102
#104
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We serviced the 180 mile car in for service after it was sold to a customer of ours. The car was in great shape mechanically- we took some stuff off it and replaced the original tires, did an annual service, and noted very little patina on the car. It's almost automatic that every CGT will have nicks on the kick plate, the edge of the door, or a chin scrape if it has some miles. Very few perfect cars still exist.
Whatever you buy, make sure the seller is honest. Service records tell a lot of the story on a car - you should see regular intervals of miles and services. It's not just the clutch measurement and the car is good to go.
Lots of these will have imperfections. If it has touch up- I say Yes it has been touched up here and here- when the customer asks why? Oh the guy didn't have a clear bra, or because the 2006 level clear bra adhesive ate the paint when it was taken off etc.
Inspection is very important, but whatever you spend on it- just know if it has been wrecked or not- you cannot "unwreck" a car, but you can respray a chin spoiler or replace a clutch or a leaking seal/gasket.
The cheap black car was originally silver.
Whatever you buy, make sure the seller is honest. Service records tell a lot of the story on a car - you should see regular intervals of miles and services. It's not just the clutch measurement and the car is good to go.
Lots of these will have imperfections. If it has touch up- I say Yes it has been touched up here and here- when the customer asks why? Oh the guy didn't have a clear bra, or because the 2006 level clear bra adhesive ate the paint when it was taken off etc.
Inspection is very important, but whatever you spend on it- just know if it has been wrecked or not- you cannot "unwreck" a car, but you can respray a chin spoiler or replace a clutch or a leaking seal/gasket.
The cheap black car was originally silver.
I really don't see many good car
and many cars say they are "serviced up"... well. to me if it has not had at least one engine out, it's not serviced, period. regardless of miles
a little chin scrape and blemish on the rear diffuser, I couldn't care less. I don't usually slow down just b/c there's a bump in the road.
#105
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Originally Posted by joejenie
Sorry, but it was my poor try at a joke. Of course a repaint kills the value. Sorry it didn't come across that way. I love how CJ tells it the way it is. If I buy a CGT (hope to in the next year or so), He will be the first guy I call.
Value on CGT is the driving experience.
We all buy the best cars we can afford. Nobody says "screw this car I can afford, I want to buy this turd bucket instead".
I'm ok with a little respectful patina or respectful rectification.