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Jan 25, 2012 10:59:01 GMT
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Morning all.
Been hankering after a C10 for many years and finally may be in the lucky position to buy one.
I am not getting a minter as they go for silly money but it won’t be a shed either, fully road legal with some excellent mechanical engine mods.
What worries me is that if for any reason I need to free up the cash in the car how easy/difficult she will be to sell on and how much would she be worth....I know it’s down to what someone is willing to pay and that they are very rare in the UK which is a double edged sword I guess?
Don’t get me wrong my plan is to keep the car and over the years fully restore her and not bring it in and expect to sell on for a profit – I’ve wanted one of these for too long to let her go unless I really have too.
Any thoughts or comments appreciated.
Stevo
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VIP
South East
Posts: 8,293
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Jan 25, 2012 11:12:49 GMT
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As unhelpful as this answer may appear, but what you are asking simply cannot be quantified.
There are so many variables that it would be impossible to say how hard the car would be to sell, and how much of a profit/loss you'd expect to see.
You'd have to consider the econimic climate, the market, the final cost the car owes you, the desirability of the model, the list really does go on.
At the base level, I doubt a car such as a C10 is ever going to be worth peanuts, so my advise would be if you are in a position to buy one now, then do so, enjoy it as much as you can, and worry about how to sell it should the unfortunate situation ever occur.
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Last Edit: Jan 25, 2012 11:13:27 GMT by VIP
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Jan 25, 2012 11:21:46 GMT
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As unhelpful as this answer may appear, but what you are asking simply cannot be quantified. Thanks for the reply. Realise there are multiple factors that would effect what she'd sell for, guess it's more about whether there is a market for one int he UK....there are more common (in the UK) classic/retro cars sold for more than the Hako would be worth I guess. Would be about finding the right buyer. As you say not about the re-sell, all about enjoying now. My track record with cars is rubbish....hoping given I have wanted one of these for so long that this would be the one that stays with me into old age!!! Stevo
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Last Edit: Jan 25, 2012 11:26:17 GMT by swaterton
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VIP
South East
Posts: 8,293
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Jan 25, 2012 11:51:16 GMT
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One thing to bear in mind is that other 'higher value' Japanese classics, like the 240Z for example, still seem to regularly change hands for good money, so you can tell there are potential buyers out there.
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shahtz
Part of things
Posts: 241
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Jan 25, 2012 12:04:54 GMT
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I think I know someone who would love one of these to complete his collection (before he buys a large barn to store them!) pm when u ready to sell fella! I will pass on your details to him! ;D ;D ;D ;D
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Last Edit: Jan 25, 2012 12:05:18 GMT by shahtz
datsun 120y saloon 1978 datsun 120y estate 1975 datsun 180b 610 saloon 1973 datsun 160j sss A10 1980 datsun 180b 610 sss 1972 datsun 180b 610 sss 1973 datsun 180b 610 sss 1974 datsun 160j 710 sss 1973 datsun 240c 230 Cedric 1972 datsun b110 1200 coupe 1973 datsun 120y b210 coupe 1973 datsun 710 4 door hatch 1975 datsun b210 coupe 1973 datsun 710 sss coupe 1973 datsun 140z coupe 1973 datsun 510 sss 4door 1971
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s20
Part of things
Posts: 162
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Jan 25, 2012 14:52:55 GMT
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C10-owning Devil's Advocaat here..... I am not getting a minter as they go for silly money but it won’t be a shed either....... .....keep the car and over the years fully restore her.... The trouble is, with C10 prices ( especially those for 2HTs - which is what I presume you are looking for? ) on the up in Japan, and the poor GBP to JPY exchange rate, you'll be paying a LOT for even what I'd personally consider to be a fairly solid but scruffy car. I'm talking about the equivalent of the wrong side of 16k GBP before you've even imported it. Body, trim, brightwork and all sorts of parts unique to the cars are expensive to buy in Japan, and will cost a lot to ship ( and pay duties and taxes on ), so it makes more sense to buy a good car that doesn't need much. You certainly don't want to start getting into a body restoration and/or respray. Please don't kid yourself that you can do it properly on a limited budget or as a rolling restoration. I'm sure lots of people will be encouraging you to pull the trigger, but it's your money, not theirs. Yes, there are certain models of old Japanese cars that change hands for fair money here in the UK ( the 240Z has been mentioned ), but you don't see many importers buying them in Japan and shipping them over here for sale, do you? The reason is that it's just not economically viable with the current exchange rate and prices in Japan. And I'd strongly advise you to buy an Economy ticket to Japan and go to have a look at some of the cars that are for sale with the established classic dealers. There's just no substitute for getting a feel for each individual car with your own eyes, ears, nose, hands and backside. You have to treat each individual car on a case-by-case basis. My C10 was 'valued' ( whatever we agree that means ) at north of 75k GBP in Japan before it came to the UK. Of course it may or may not have actually attained that figure at sale, but my point is that I doubt very much that it would get anywhere near that figure if it were to be sold in the UK. One bright spark has offered me 15k GBP for it at Goodowood ( !!! ), and seemed genuinely offended that I laughed at him. Essentially, he didn't even know what he was looking at. You'd face a similar situation if you imported a 16k GBP car I believe. It would be sad to see it struggle to sell for the same money that it had cost you. Negative Equity is only one aspect of this though. If you genuinely can't live without one, and you can afford to do it, then do it. I don't think I've had any positive equity in ANY car I've ever owned. Good luck, Alan T.
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s20
Part of things
Posts: 162
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Jan 25, 2012 14:55:36 GMT
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I think I know someone who would love one of these to complete his collection.... No offence, but why doesn't he just buy one then?
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Jan 25, 2012 14:59:51 GMT
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^Alan^ - Assuming the car isn't in this country? In as far as my knowledge of this car goes, I don't even know it looks like, but I guess he may have found one in the UK. Either way your last paragraph sums it up well
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Last Edit: Jan 25, 2012 15:00:27 GMT by SamR380
I've got Rovers.
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Jan 25, 2012 15:04:12 GMT
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I have to agree with Alan here. I doubt it would be easy to find a buyer here at the kind of price an imported car will cost. Buying something like that from Japan isn't a rational, market driven choice, you should only do it because you really want one. If there was any kind of real market over here for these cars then someone would have already be on to it long ago.
As for the 240Z, well you can't really make a comparison IMO as they inhabit a different universe to every other old Nissan. You will find Z owners who wouldn't even consider owning another type of Nissan, let alone another Japanese car. Different ball game entirely.
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1962 Datsun Bluebird Estate - 1971 Datsun 510 SSS - 1976 Datsun 710 SSS - 1981 Dodge van - 1985 Nissan Cherry Europe GTi - 1988 Nissan Prairie - 1990 Hyundai Pony Pickup - 1992 Mazda MX5
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Jan 25, 2012 15:05:33 GMT
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^Alan^ - Assuming the car isn't in this country? In as far as my knowledge of this car goes, I don't even know it looks like, but I guess he may have found one in the UK. Either way your last paragraph sums it up well A C10 in the UK? Trust me, Alan would know about it!
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1962 Datsun Bluebird Estate - 1971 Datsun 510 SSS - 1976 Datsun 710 SSS - 1981 Dodge van - 1985 Nissan Cherry Europe GTi - 1988 Nissan Prairie - 1990 Hyundai Pony Pickup - 1992 Mazda MX5
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s20
Part of things
Posts: 162
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Jan 25, 2012 15:09:16 GMT
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....I guess he may have found one in the UK. As far as I'm aware ( the usual caveats apply ) at the time of writing, there are only four C10-series Skylines in the UK: 1 x KGC10 in a sorry state ( rotten and decrepit, unused since privately imported and found to be unroadworthy ). 1x GC10 in good condition, owned by a friend. 1 x KGC10 under restoration / modification, owner is a later Skyline specialist in the North East. 1 x KPGC10 historic race / track car. This one's mine. And that's it for the moment. Lots of talk about people looking for one / buying one / importing one / wanting one, but only four actual cars as far as I am aware at this point in time..... Always room for plenty more!
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Jan 25, 2012 15:11:31 GMT
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Ha, ok I stand humbly corrected!
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I've got Rovers.
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skinnylew
Club Retro Rides Member
Posts: 5,620
Club RR Member Number: 11
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Skyline C10 Hakoskinnylew
@skinnylew
Club Retro Rides Member 11
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Jan 25, 2012 18:04:59 GMT
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C10? if so they are pretty awesome
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bryn
Posted a lot
Posts: 3,913
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Jan 25, 2012 18:16:34 GMT
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Seems like an awesome ambition that must be realised if at all possible.
Some good advice has already been given, so I won't add to it other than to say imagine buying a good Mk1 Escort in this country and exporting it to say Poland, if you came to sell it there the price wouldn't be the same. If a sale was to be made in the future it would make sense to factor in shipping to either the USA or Japan.
Do it for your heart and ignore your head, if you can ;D
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Volvo, Buggy, Discovery and an old tractor.
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Jan 25, 2012 19:34:14 GMT
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This is way out of my league, my classic and Retro cars usually inhabit the £0 - £1500 catagory but I always imagined that if you owned anything outside of the bargin zone then selling up would always be quite a long term process.
My guess would be that the number of like minded enthusiasts out there with the spare funds to buy this kind of car will always be quite restricted, therefore a sale which didn't involve you loosing a lot of money would take a long time to materialise.
That's not to be discouraging in any way, the car is awesome. In fact if I was buying one I would consider the money to be comitted forever because I'd do anything not to see it sold.
Rob
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'55 Austin A30
'71 MGB GT
'72 Datsun 240 shed
'72 Mercedes 240D
'79 Firebird
'86 Austin Maestro Van
'91 Mercedes 250D
'91 BMW e34 535i Sport
'92 Mazda MX-5
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Jan 25, 2012 20:32:01 GMT
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Jan 25, 2012 21:12:00 GMT
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good find! some great info in that thread, i'm reading through it all now. one day i might be able to import a JDM only nissan...
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Jan 25, 2012 21:20:22 GMT
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good find! some great info in that thread, i'm reading through it all now. one day I might be able to import a JDM only nissan... Just remember a GT-R has an S20 engine, any replica that doesn't have one is a body kitted GT, not a GT-R ... I'd have any of them, even a 4Dr would be ace.
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Jan 25, 2012 22:33:40 GMT
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I'd totally love one of these, it's a potential 'gran tourino' get old and keep it forever car (if you've seen the film you'll get what I mean)...
Dream big, but don't let your heart persuade you into one which doesn't quite sum up. Consider all options and be smart.
You'll always find a buyer for something that rare, you just had better not be in a rush to sell as said, people with that kind of expendable cash are also getting rarer!!
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OUTRUN
Part of things
13...
Posts: 620
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1 x KGC10 in a sorry state ( rotten and decrepit, unused since privately imported and found to be unroadworthy ). This one's a real shame! I have pics of it somewhere, as I attempted to enquire about it years back. I do hope it's not still rotting on a driveway. even if the owner doesn't consider it viable to restore.
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I need your help to get back to the year 1985.
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