Unique Autos Brisbane 1980s

[EBSXR6]

From Facebook Group Old School Aussie Fords.
Unique Autos car yard, Brisbane in the 1980’s.
�� sent in by Pares Zimmer
What would these 5 be worth today?

[roKWiz]

If only we knew back then.

The 2 Corvette's would be worth some coin now too. Though nothing like the GT's.

[EBSXR6]

Originally Posted by roKWiz

If only we knew back then.

Primary School in the late 60's, early 70's a classmates father worked at Ford.
Both parents Drove GTs.

[Interceptor]

Originally Posted by roKWiz

If only we knew back then.

Yep..... the only place you'd see that these days would be at a car show

[myrpo]

Originally Posted by roKWiz

If only we knew back then.

The 2 Corvette's would be worth some coin now too. Though nothing like the GT's.

My electrician dam well did the bugger. At 21 he bought a second hand 3 phase HO for $2500 with something like 1900 mile on it, privately off an Accountant.

I have not seen it in the flesh but no reason to expect it to be a story. Seen pics though, its silver with orange stripes. I think. Silver anyway.

Only comes out on special days as you would imagine.

[Citroënbender]

Originally Posted by EBSXR6

What would these 5 15 be worth today?

Edited for accuracy. Each one original and with full provenance.

[jstanovic]

That is pretty cool. Anyone done the sums to keep one of those registered/maintained/stored/etc for the last 50 years? Always wondered if you would be in front after all this time...

[rare ss]

Originally Posted by jstanovic

That is pretty cool. Anyone done the sums to keep one of those registered/maintained/stored/etc for the last 50 years? Always wondered if you would be in front after all this time...

Property is a better investment, but you can't drive a house.. you don't need to pay tax on your car profits though

[roKWiz]

Originally Posted by rare ss

Property is a better investment, but you can't drive a house..

Who told you that ?

[mick taylor]

Originally Posted by jstanovic

That is pretty cool. Anyone done the sums to keep one of those registered/maintained/stored/etc for the last 50 years? Always wondered if you would be in front after all this time...

Not to mention inflation. you have to factor that in as well.
How about X Dollars invested in Super over the years ?

A old Greek here has bought houses over the years around the block and rent them out for cash, as does not like paying Tax at all ! and all of the regulations, so you don't go through the regulations of the Laws. just garbage dumps eye sores and such are everywhere in this town, all owned by very rich people. It must be a Tax dodge.
We have one up the road siting for 3 years with no one in it and 5 others that have 3 of them with people living in them but with no regard at all what soever for the last 20 years.
Just like i have seen what were good cars on farms just rot away to nothing.

[whynot]

Originally Posted by jstanovic

That is pretty cool. Anyone done the sums to keep one of those registered/maintained/stored/etc for the last 50 years? Always wondered if you would be in front after all this time...

Assumed price of a new GTHO Phase 3, manufactured 1971, is approximately $5000.

Using the Reserve Bank of Australia’s inflation calculator, $5000 in 1971 is about $61,350 in 2022 dollars.

Australian All Ordinaries Accumulation Index for the last 50 years is approximately 10.52% compounding. The formula for calculation the return from a $5K investment made in 1971 is

$5000 X (1 + .1052) ^ 50.

Which works out at $743,042 (and would be free of capital gains tax as it would have been grandfathered as a pre CGT investment).

For those who don’t invest in the stock market, an Index fund covers the whole market, good and bad. On the good side of the returns, if I had invested, say, $5K in Microsoft shares in 1986 (their earliest available date), today it would be worth $4.4 billion. Apple shares over a similar time frame would have returned $3.2 billion. A similar investment in Berkshire Hathaway in 1983 would yield $2.5 billion today. The bad side would be an investment in Allan Bond, and suffer a total loss of my investment.

Just as a rule of thumb, the previous two figures illustrate that the opportunity cost for a period of 50 years is, roughly, multiplier of 10 (e.g. roughly $743k/$61K).

Calculating the registration costs is an interesting problem. Technically, the correct way is to find the rego cost for each year, and then calculate forward its Net Present Value into 2023 dollars. However, a short cut that will be a good ball-park figure is to take the present rego cost and multiply it by 50 years. This ignores opportunity costs, but it is close enough. Rego costs around Australia range between $700 to $1200 p.a. for a V8 (between $35k to $60K for the life of the vehicle. Of course, one could have driven the vehicle into storage, and de-registered it.

Cost of storage is an interesting financial problem as well. The storage location needs to be clean, dry, well ventilated, and vermin proof. There also needs to be a reasonable level of physical security, as word of a pristine GTHO stored in a shed will certainly get around and attract the interest of all types of unwanted scum. Ignoring the price of land, and assuming that the cost of a reasonable shed is $20,000 (installed). Using the above rule of thumb, the 50 year opportunity cost of this shed is around $200K.

Hope that helps answer the question.

[roKWiz]

Originally Posted by whynot

Assumed price of a new GTHO Phase 3, manufactured 1971, is approximately $5000.

Using the Reserve Bank of Australia’s inflation calculator, $5000 in 1971 is about $61,350 in 2022 dollars.

Australian All Ordinaries Accumulation Index for the last 50 years is approximately 10.52% compounding. The formula for calculation the return from a $5K investment made in 1971 is

$5000 X (1 + .1052) ^ 50.

Which works out at $743,042 (and would be free of capital gains tax as it would have been grandfathered as a pre CGT investment).

For those who don’t invest in the stock market, an Index fund covers the whole market, good and bad. On the good side of the returns, if I had invested, say, $5K in Microsoft shares in 1986 (their earliest available date), today it would be worth $4.4 billion. Apple shares over a similar time frame would have returned $3.2 billion. A similar investment in Berkshire Hathaway in 1983 would yield $2.5 billion today. The bad side would be an investment in Allan Bond, and suffer a total loss of my investment.

Just as a rule of thumb, the previous two figures illustrate that the opportunity cost for a period of 50 years is, roughly, multiplier of 10 (e.g. roughly $743k/$61K).

Calculating the registration costs is an interesting problem. Technically, the correct way is to find the rego cost for each year, and then calculate forward its Net Present Value into 2023 dollars. However, a short cut that will be a good ball-park figure is to take the present rego cost and multiply it by 50 years. This ignores opportunity costs, but it is close enough. Rego costs around Australia range between $700 to $1200 p.a. for a V8 (between $35k to $60K for the life of the vehicle. Of course, one could have driven the vehicle into storage, and de-registered it.

Cost of storage is an interesting financial problem as well. The storage location needs to be clean, dry, well ventilated, and vermin proof. There also needs to be a reasonable level of physical security, as word of a pristine GTHO stored in a shed will certainly get around and attract the interest of all types of unwanted scum. Ignoring the price of land, and assuming that the cost of a reasonable shed is $20,000 (installed). Using the above rule of thumb, the 50 year opportunity cost of this shed is around $200K.

Hope that helps answer the question.

You didn't figure in the 2 swallows carrying coconuts flying at terminal velocity.

[whynot]

Originally Posted by roKWiz

You didn't figure in the 2 swallows carrying coconuts flying at terminal velocity.

Wot? as to whether they poop on the GTHO or not?

[Mulva]

Originally Posted by roKWiz

You didn't figure in the 2 swallows carrying coconuts flying at terminal velocity.

European Swallows, or African?