Market Dead For Used Gtp,s - Page 2

TZENU · 23-11-2007, 09:56 AM

Its the sad truth.. But for all BA 1 & 2 especially the XR6Ts and FPVs! 5 Months ago i sold my XR6T in mint condition with only 22k on it for 28 grand! Talk about shooting yourself in the foot....

And i reckon the release of the orion is going to push prices even further down!

Sam_Boss260 · 23-11-2007, 10:03 AM

Yeah the release of Orion is going to hit us (particulalry BA owners) hard.

I'm looking at upgrading this time next year, and would love an F6 or GT-P, second hand of course.

Had a mate that just bought an new XR8 and takes delivery in 4 weeks time. I don't know why he did that as he is going to cop a flogging when Orion comes out....

Smoke Pursuit · 23-11-2007, 10:08 AM

The other problem is the current XR8 pricing, people can buy a brand new XR8 with the luxury pack for the same price and a six speed box, even tho an XR8 is no where near as special they are a still nice, and you are getting a brand new car with warranty.

**Polyal** · 23-11-2007, 10:09 AM

Is it an auto or manual? Its going to be harder to sell if its an auto unfortunately. Liek others have said, the market moves pretty quickly for such a large asset.

BA - Good but now old and has the "series 1" stigma
BA2 - Improved but still issues
BF - Better NVH, along comes 6SA
BF2 - Much the same as BF, but there will be a select number of 302's so that will hurt further

Be thankful IMO that FPV dont upgrade as much as HSV.

Personally, I could live with a BA2 manual no worries.

ADSXR8 · 23-11-2007, 10:17 AM

Quote:

Originally Posted by thevintage

I have been trying to sell a ba gtp with 28000 km ,herrod full exhaust cold air and 12 monthes rego for 4 monthes.Over that time i have reduced the price by $7000 to $42500 ono.I have recieved a grand total of 5 phone calls,no one has even come to have a look not even a tyre kicker looking for a test drive.What have i got to do move it becides giving it away to dealer or auction house ?

:

Mate, I really dont like putting a value of other people cars, but in my opinion, the price your at now is about the money. Its a great example of a GT-P with low mileage. The only draw side is no warranty. And for a little more, you could get a BF GT with warranty. And the BF range has brembos standard. Having said that, the GT-P seats just cannot be compared.

Selling a car is all about advertising in the right places at the times where people looking are in the market. I am going to sell my Typhoon in the new year as we need wagon, but going down the private sale path I am going to wait until after Christmas. Good luck with the sale.

**Full Noise** · 23-11-2007, 10:21 AM

I sold my BA MK II GT-P twelve months ago for $55,000 and I was pretty happy getting that. It was a six speed manual with leather and was immaculate. It only had 4800 kms on the clock. I understand your frustration. You just need the right person to come along.

Here’s a pic of the old girl.

ADSXR8 · 23-11-2007, 10:22 AM

Quote:

Originally Posted by Polyal

Is it an auto or manual? Its going to be harder to sell if its an auto unfortunately.

I dont believe that at all. The BA mkI and mkII had the same auto. I think it would be harder to sell a BA mkI manual with the 5spd, than a BAII manual with the 6spd.

**Polyal** · 23-11-2007, 10:24 AM

Quote:

Originally Posted by ADSF6

I dont believe that at all. The BA mkI and mkII had the same auto. I think it would be harder to sell a BA mkI manual with the 5spd, than a BAII manual with the 6spd.

OHHHH

That hurts even more, I forgot they got the 5 speed. So it was just the F6 that always got the T56?

ADSXR8 · 23-11-2007, 10:27 AM

Quote:

Originally Posted by Polyal

OHHHH

That hurts even more, I forgot they got the 5 speed. So it was just the F6 that always got the T56?

yes, because the Typhoon models started in the BAII range. I could be wrong, but I don think the 6 spd BOSS comes with the twin plate clutch as the Typhoon either.

thevintage · 23-11-2007, 01:29 PM

Quote:

Originally Posted by blackout

In my perspective if I was in the market, I'd probably try and go later than the BA. I've heard of two people who bought BA GT/GT-P's that were both riddled with issues like diff whine and clunk etc and Ford couldn't even fix it... I'm pretty sure most of that was rectified with Ba Mk2 and BF yeah?

I have been lucky it is a auto,never had any diff problems, only a steering rack replaced under warrenty.

ADSXR8 · 23-11-2007, 01:52 PM

Quote:

Originally Posted by thevintage

I have been lucky it is a auto,never had any diff problems, only a steering rack replaced under warrenty.

Mate, dont worry about stuff like that. I had owned my GT-P since new and other than panel alignment and respray a door/roof, I never had a warranty claim!

Rodp · 23-11-2007, 02:15 PM

Quote:

Originally Posted by Polyal

OHHHH

That hurts even more, I forgot they got the 5 speed. So it was just the F6 that always got the T56?

It's funny. I distinctly remember people (on the last Aus Ford Forums) saying that 5 cogs is enough, who needs 6...! when the BA first came out and was compared to the SS. Now there's a 6 cogger, the remarks are.. ooh, it's only got a 5 speed. :P

FPV70 · 23-11-2007, 03:03 PM

5 or 6 speed, They will sell better than an Auto because Manual represents excitement.
If I look for a new car it will be Manual. I despise Auto because there is not enough control.
Preach about the tip-tronic all you like, it's still NOT a manual.
But thats my 2c

Powdered Toast Man · 23-11-2007, 03:57 PM

Quote:

Originally Posted by Rodp

It's funny. I distinctly remember people (on the last Aus Ford Forums) saying that 5 cogs is enough, who needs 6...! when the BA first came out and was compared to the SS. Now there's a 6 cogger, the remarks are.. ooh, it's only got a 5 speed. :P

I think it's more because the 6 speeder is a better box all round rather than just having another cog. But then I've never driven a 5 or 6 spd BA/BF so I have no idea lol. I only have the lowly 4spd auto

:

But if I was in the market for a GT it would definitely be the 6spd manual I was after.

WASP · 23-11-2007, 04:06 PM

Quote:

Originally Posted by Rodp

It's funny. I distinctly remember people (on the last Aus Ford Forums) saying that 5 cogs is enough, who needs 6...! when the BA first came out and was compared to the SS. Now there's a 6 cogger, the remarks are.. ooh, it's only got a 5 speed. :P

Yes I do remember that conversation now you mention it. I had both gear boxes. An BAXR8 5 speed manual and now a 6 speed manual GT. It's not the extra gear so much, it's more the box itself in terms of it's strengh and shift. Having the extra gear (for me) is just a bonus!

Anyway I think based on this topic it's really should be an auto comparision. The car in question has a 4 speed auto's which are great for modifying cost effectively. Being a used GT-P it's possible that the new owner will want to play a little with it anyway.

YOOT · 23-11-2007, 05:43 PM

Quote:

Originally Posted by thevintage

I have been trying to sell a ba gtp with 28000 km ,herrod full exhaust cold air and 12 monthes rego for 4 monthes.Over that time i have reduced the price by $7000 to $42500 ono.I have recieved a grand total of 5 phone calls,no one has even come to have a look not even a tyre kicker looking for a test drive.What have i got to do move it becides giving it away to dealer or auction house ?

:

Welcome to the fun world of owning a Ford Falcon. The more you pay for it at the dealer the more you will lose when you sell it.

All of Fords premium vehicals are worthless second hand. At one stage the Fairmont Ghia was Australia's fastest depreciating car losing some 45% of its original value after 3 years.

Unfortunately GT/GT-P are just Falcons with addons, which means the price second hand will reflect that. That fact that someone can pay $70K for a Falcon is beyond me. My own boss just bought a Chrysler SRT8 for $75K with all the options and it too will be worthless in 3 years compared to what he paid.

Unfortunately the only cars returning good value are those that are highly desirable or usefull aka 4WDs, Utes, and any thing from Subaru or Toyota LOL!

**TUF_302** · 23-11-2007, 05:59 PM

Why would you wanna sell that?? id love a GT-P in that colour!

4Vman · 23-11-2007, 06:01 PM

Being 4 years old is a problem with allot of lease vehicles coming onto the market at the end of the 4 year/40% residual cycle, 40% of $70K = $28K payout... some people are happy to get their payout figure to trade up, a dealer will pay 28K and resell for 38K without blinking an eye.. Don't be fooled by what cars are advertised for either....
I hate to say it but if it hasnt sold after a month you're asking too much..

banarcus · 23-11-2007, 06:08 PM

You wouldn't be based in the Hunter Valley mate?

sprjenkins · 23-11-2007, 07:28 PM

Yeah I gotta agree, I would also be looking for a 6 speed manual, with leather, brembos, premium sound maybe sat nav. If I wanted an auto i'd buy a fairmont ghia or a statesman or calais

thevintage · 23-11-2007, 08:03 PM

Quote:

Originally Posted by banarcus

You wouldn't be based in the Hunter Valley mate?

Yes mate at Rothbury 15 minutes from Cessnock.

Cooper69S · 23-11-2007, 08:23 PM

Quote:

Originally Posted by merlin

Not to state the obvious but having bought and sold around 20 cars by now it is all based on sharpening that price up. Sure you can sit around waiting forever but how much is your time and sanity worth to you? (Worth few grand to me at least). The most it has ever taken me to sell a car was 1 week - just check carsales see what the others are advertising at and put yours $2K below theirs. Bye bye GT.

this strategy has worked twice for me... chucked on carsales for equivalent to the lowest price available, and on both occasions had the buyer call me within 4 hours of putting it up for sale. made me think i could have waited and made more money but a quick sale saves a lot of time...

banarcus · 23-11-2007, 10:59 PM

I wouldn't mind having a look, only a short drive from where I live. If you dont mind, can you send me a PM?

XRchic · 24-11-2007, 10:10 AM

We would have probably had some interest in buying that if it was a manual. Even the 5 speed manual would have been fine, although the 6 speed manual would be much tougher. The only autos we will buy is perhaps in a Territory.

If it was manual and had no stripes, I reckon it would go quicker. Black is an awesome colour though, love black GTs!!!

Would have been a nice partner to the black XR6!

ltd · 24-11-2007, 10:37 AM

Quote:

Originally Posted by 4Vman

Being 4 years old is a problem with allot of lease vehicles coming onto the market at the end of the 4 year/40% residual cycle, 40% of $70K = $28K payout... some people are happy to get their payout figure to trade up, a dealer will pay 28K and resell for 38K without blinking an eye.. Don't be fooled by what cars are advertised for either....
I hate to say it but if it hasnt sold after a month you're asking too much..

Exactly. These are the sort of magic figures you should be comparing your car to, as it is an economic reality of where cars in this price bracket end up. If you're lucky enough to find the right sort of passionate buyer who doesn't want to haggle, then you'll be able to get more.
I recently sold my AU2 LTD which was 6 years old, (was starting to need work, one too many cars), had 170K on the clock and was stock. Advertised it for 15K, had 2 calls no visits, then out of the blue some guy came down from Queensland to buy it. Said he didn't want to haggle, just wanted me to get him from the airport. He later said he was passionate about LTD's and wanted this one. This was after roughly 4 months on and off the market. The moral of the story is that your car will eventually find the right buyer. I think putting it too much above 40 won't see a buyer, especially since the average national price is 36k to 39.5k for that model. If you put it in at say 40k-42k you should atleast get a nibble.

Additionally the flappist is correct about the model and age; one of the reasons I seldom buy new fords. Auctions such as pickles have seen a lot of business, especially when you can get a 6 month old fairlane with less than 10K on the clock for about 20 thousand less than retail.

Nice car though and good luck.

thevintage · 24-11-2007, 02:56 PM

Taken LTD,S advice and reduced price to $40000 to try and get a few offers.

chich · 24-11-2007, 03:12 PM

Agree with what most people have said so far in the thread.

My suggestion would be to simply trade it on a new car (obviously not telling them you've been trying to shift it for 4 months!). Drive it into Subaru, hand over $10K and drive away in a brand new Liberty GT. Problem solved.

thevintage · 24-11-2007, 03:27 PM

Quote:

Originally Posted by chich

Agree with what most people have said so far in the thread.

My suggestion would be to simply trade it on a new car (obviously not telling them you've been trying to shift it for 4 months!). Drive it into Subaru, hand over $10K and drive away in a brand new Liberty GT. Problem solved.

The problem is i don,t need the car ,have a work vehicle and another family car.That is the reason it has only 28000 km on the clock it does,t get driven enough and the cash could be used somewhere else.

chich · 24-11-2007, 05:24 PM

Quote:

Originally Posted by thevintage

The problem is i don,t need the car ,have a work vehicle and another family car.That is the reason it has only 28000 km on the clock it does,t get driven enough and the cash could be used somewhere else.

Completely understand mate. Not exactly sure of your circumstances but what about updating the other family car -trade the GT-P on a new family car & sell the current one? You've probably already thought about it, but i'm just throwing ideas around..

kooky · 25-11-2007, 02:05 PM

Hmmm, would be a perfect base for a Twin Turbo package......