GTD40 prices

I see that the UK has the same problem of getting fair value for your finished cars. The car that Paul is trying to sell looks like an outstanding buy and something you could not replicate for less than about 35,000 pounds. It never seizes to amaze me how little people are willing to pay for quality craftsmenship. I quess the market is just to thin for cars like the GT40 and it is hard to find buyers rather than shoppers.

Thanks for your support Bud.
I think the problem is the potential buyer only sees the nuts & bolts of the build & not all the blood sweat & tears (as well as copious amounts of blasphermy) that goes into building these machines. I suppose in some ways I can see their point of view, after all, who goes into a Mercedes dealership & concerns himself with the man hours & heartache Mr Benz put in?
However, ours is a specialist market. Ok you may be able to buy a quality sports car for around £25K but it won't give you all the thrill & arse kicking excitement of owning a replica GT40. After all how many people do you see crawling on their hands & knees in a supermarket car park fondling in awe over a Porsche Boxster?

Horror of horrors! Do you mean that people actually take their GT40s into supermarket carparks?

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Horror of horrors! Do you mean that people actually take their GT40s into supermarket carparks?

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Sure. I went into the Tesco car park, just off the A27 near Chichester on the way to the Festival of Speed this year. When I came back, the car was five deep with droolers.
OK, I only stopped for a pee!

You're a brave man Tony! /ubbthreads/images/graemlins/wink.gif

I've seen a GTD 40 in a Halfords car park in Christchurch - looked good from 5 yards; close-up spidered glassfibre & a distinct & worrying smell of petrol.

The value question is I agree unfair, but complete cars are advertised for £30-35,000 from dealers & projects sell for £12-18,000 on e-bay (apparently).

As I found out when I sold my much loved original M5, a car is worth what someone will pay.

Geoff

Buyers here in the US are the same no concept of what went into makeing the car .

It's not about having no concept of what went into making the
car, but more what the market bears. The hot rodders have the
same problem. My ex-boss just sold his '39 Chevy 4 door for
$54K US, and bought a '39 Ford Coupe for $71K US. The original
asking price for the '39 Ford was $85K US, and probably cost
around $100K US to build. That is common for the hot rod/specialty
car market. Unless you have some limited edition classic, you
are going to lose a lot more than your blood, seat and tears.

Case in point, Rick Merz's GTD. Sold it for $65K US, but
probably had over $120K US in it. 396W, Porsche G50/52 heavily
modified with cooling system and custom half shafts, Webers,
and a whole slew of mods. Completely sorted.

Ian

Yea the market can get real flakey at times . several years ago my 72 Javelin whould of gotten a good price , but the market got flooded with a bunch of them and the prices dropped off alot.