EL GT - To be or not to be a big $ collectible?

[Vesper Martini]

Originally Posted by SCUD

Or I could blow the bank, join the dark side and get something like this:

https://www.carsales.com.au/cars/det...6502218/?Cr=71

You could but its really just a VK SL commodore with a group A kit. with an old 5.0 V8 claiming 117kW

[EFFalcon]

You used to have a tidy VK didnt you?

[Poetic Justice]

Nah, not a VK.

I had a VB (VH bumpers) Commodore with an injected 5 litre for a while.

I miss my EL Ghia 5.0 though - these never seem to come up for sale anymore :(

[Sioso]

EL GT will increase in value, just a question of whether it takes 15yrs or 50yrs.
I had a similar VK to that, 134 pack, 5 speed, 331 stroker, HDT bodykit and a VL Walky interior - it was a great car back then, I don't think I'd hand over $50K for one though.

[xeeclipse]

Originally Posted by Bevsta007

You could but its really just a VK SL commodore with a group A kit. with an old 5.0 V8 claiming 117kW

Where do you start??

Panhard rod,
machperson struts,
Total lack of structural rigidity
Narrow body lays testament to it being one of the most totalled cars in drag racing circles.
Factory engines that lack oil pressure for regular use let alone full blooded track days.

List goes on and on and on... Repco literally re-engineered the whole car for BROCK so he could win. While the spin doctors and marketing gurus brain washed the masses.

[ebv8]

if you want to make money (ie: not lose too much money) buy something at the bottom of its value cycle like a BA GT
$15k will get a decent one, they are great to drive and don't need many mods to be quick
in 10 years they might be worth $30k like the EL GT is now and might have cost you $15k in those years to keep insured and serviced
so you might break even and have fun

definitely no money to be made on cars after inflation, servicing, insurance, repairs

the cars worth big money have race pedigree, as they raced cars straight (almost) out of the showroom, the EL was never a race car but it is odd, original and rare

[Polyal]

Left field, if your a e series lover than a NL FBT might be good value, you could buy two for that price.

[ford71V8]

Originally Posted by Dr Terry

I don't want to nitpick, but they are not really a 'coupe', they are really just a 2dr sedan & a largely unknown one at that.

They don't have the looks or cache of an XM/XP hardtop, an XA/B/C hardtop or Monaro or Charger.

Dr Terry

Ha yes fair call... I was being a bit general there.

And I agree the 2door American cars don't have the same punch as the coupes you listed (XA-C shape in particular, is there anything that beats that shape?) but it still surprises the USA car doesn't have a stronger following...its far from boring or dodgy on the eye.
Personal tastes I guess

[pottery beige]

Originally Posted by xeeclipse

BLUE OVAL GRANGE HERMITAGE 90's edition

Ingredients.

302w
T5Z / BTR 97 LE
5 link 3.45 lsd

(may contain remnants of enaemic smog effected iron)

Rich and sweet on the palate, fruity flavour has a tendency of fading.

T5 would drop its guts any attempt of a GT skid

[arronm]

The only this worse than an EL GT is an EB GT

[.:4:.]

Originally Posted by arronm

The only this worse than an EL GT is an EB GT

Went to primary school with a kid whos dad owned both an eb gt and a darth vader el. They were the special occasion cars back then. His parents dailys were a landcruiser and a lazer in 98. I can see the importance in a low production model like the el gt. I think value stems from that. As for what it does or doesnt do, thats up to the value it has to either the seller or the buyer. So maybe a phase 3 ho isnt the best comparison, but anyways. Will it go faster around a track then say a ba xr8? No. But it has race heritage so they command a lot more for that, and they arent a common sight as not so many were made. Does the darth vader el have race herritage? Not at all. But it was a limited run. So maybe it holds some value. Some time has passed and most el falcons (or atleast a percentage) are no longer on the roads because there are better things out there so they get left to rot. A limited run performance orientated el gt may gain financial traction in the future. Body parts if not in really good shape may pose a future issue.

[Whitey-AMG]

Originally Posted by ebv8

the cars worth big money have race pedigree, as they raced cars straight (almost) out of the showroom, the EL was never a race car but it is odd, original and rare

Pedigree and collectibility and big money......
Not always connected.

XA and XB GT sedans were never raced - right ?
It was their hardrop brethrens that did all the heavy lifting. Yet both XA and XB sedans are fetching decent coin. No homologated race pedigree per se but still very collectible.

Same with GTF and R spec GT’s. B series GT40 and B series Cobra. NIL racing pedigree but still well built race spec cars that have immense collectibility that will sustain a higher level of pricing in relation to other models.
ELGT is somewhere in there. No big money prospect but a nice car with enough factory pedigree to sustain some level of collectibility.

[Falcon SXR8]

I prefer the eb gt myself

[Vesper Martini]

Originally Posted by .:4:.

A limited run performance orientated el gt may gain financial traction in the future. Body parts if not in really good shape may pose a future issue.

Doubtful

[DJM83]

Buy one.
Drive it.
Skid it.
Enjoy it
That's what I'd do.

I like them also.

[ebv8]

Originally Posted by Bluey-GT

Pedigree and collectibility and big money......
Not always connected.

XA and XB GT sedans were never raced - right ?
It was their hardrop brethrens that did all the heavy lifting. Yet both XA and XB sedans are fetching decent coin. No homologated race pedigree per se but still very collectible.

Same with GTF and R spec GT’s. B series GT40 and B series Cobra. NIL racing pedigree but still well built race spec cars that have immense collectibility that will sustain a higher level of pricing in relation to other models.
ELGT is somewhere in there. No big money prospect but a nice car with enough factory pedigree to sustain some level of collectibility.

the XA GT 4 door was the last of the hero cars and still worth good coin, XB's not so much, you would be lucky to get back the cost of a resto

the GT-F, r-spec, B series are might be advertised for good coin but who says they are selling, if you bought a GT-F for $85k new you would need to sell it for $130k to break even in 15 years, add servicing, insurance so thats another $20k over 15 years making a break even figure of $150k
if you kept it 30 years this blows out to $270k...good luck to all those collectors

now if you bought an XY GT PH3 HO for $5000 new and insured it and so-on and sold it for $100k today you would break even and we all know that you could double or triple that so yes they were a good investment

(all inflation rates estimated with RBA inflation calculator so may not be correct)

[EFFalcon]

EL & EB GT's have never really dropped to the level BA/BF GT's have, which says atleast something.

[Polyal]

Originally Posted by EFFalcon

EL & EB GT's have never really dropped to the level BA/BF GT's have, which says atleast something.

Think they were a bit more limited and B Series sold better so thats a bit natural.

I dont know why we are poo poo'ing kw figures of the past. At the time they were handy. Yes the ol'Windsor didnt really get cranking until T3 but 200/220kws still isnt that bad.

And if its a weekender and not a track car it makes little difference anyway.

A really good comment was made before about "investment". If you actually keep a spreadsheet of running costs for these things, all the little repairs you do etc by the time you sell your just happy to break even.

If you make a little then well played, but it wont be much.

Classics are entirely different, for our generation we should have been buying up Japanese Sportscars about 5 years ago.

Will be interesting to see when the baby boomer start selling cars will the market still have the appetite for $500k Aussie classics, im not so sure.

[Bossxr8]

Originally Posted by EFFalcon

EL & EB GT's have never really dropped to the level BA/BF GT's have, which says atleast something.

The EB and EL are much, much lower in numbers built. They only built about 250? of each yet there are probably a couple of thousand BA GT's.

[EFFalcon]

yep.. which impacts pricing throughout their life.
some people clearly see them 'Worth' more then a BA/BF GT, despite being 90kw less.

[xeeclipse]

Originally Posted by EFFalcon

yep.. which impacts pricing throughout their life.
some people clearly see them 'Worth' more then a BA/BF GT, despite being 90kw less.

Eb & EL gt's are ford immortals, what they lack in hp they make up in durability, agility and nostalgia

I'm sure a modular BA-FGX is a great car, but throw a 6.7L windsor under the hood of a EB-AU and watch them run for the hills, even the brilliance of the BARRA turbo would be put on notice.

[futura]

Nothing wrong with an El GT. I have a soft spot for these cars. One day, I will be buying one as my daily driver.

[Venomous1]

Great Car and i'm sure value will hold that 204km car will be worth more if he at least is changing all fluids etc every year.

[FG50T]

I think it has a lot to do with the popularity of the model as whole. The BA-FG will be immortalised in 30 years. The XR6'ts, G6ET's, XR8's etc all have high popularity and the FPV range is the pinnacle of it. Similar to the earlier Falcons. It's backed by a whole lot of nostalgia. Sure the EL has some too but to me it's not on the same level..not by a long shot. Most EL GT's have been practically bubble wrapped from the get go too. They haven't had the exposure or the presence a lot of other Ford have. I'd only have one if I wanted to collect every GT.

[EFFalcon]

E-Series Falcon's were very popular in their time, big sales, lots on the road, ATCC (V8 supercars) relevance.
To *you* it may not be on the same level, but the car enthusiast market is one dictated on emotion aswell, and not everyone is the same.

you use XR6T's and XR8's in your example, and yet you can get *a lot* of these for cheaper then an EL XR8

[Bossxr8]

Originally Posted by EFFalcon

E-Series Falcon's were very popular in their time, big sales, lots on the road, ATCC (V8 supercars) relevance.
To *you* it may not be on the same level, but the car enthusiast market is one dictated on emotion aswell, and not everyone is the same.

you use XR6T's and XR8's in your example, and yet you can get *a lot* of these for cheaper then an EL XR8

Yeah but those cars will be high km crapboxes. Only really good series II 185 kw XR8's will fetch reasonable money. The high km crapboxes will still go for bugger all.

And the EL's have the benefit of time wiping out a lot of them. Any turbo Falcon in good nick and reasonably low km will be worth more than any E series XR except Sprint in 10 years time. They appeal to a much wider market.

I have an immaculate NL V8 and a G6E Turbo 50th Anniversary, and I'd expect the FG will hold much more value over the next 10-20 years. Despite both cars being a similar price when new. I don't know if the NL will ever have the same desirability as a ZA to ZK Fairlane.

[EFFalcon]

thats the point, time matters.
and high km crapbox EL XR8's seem to be worth similar to those high km crapbox XR6T's

Fairlanes are even worse then their SWB counterpart.

[Poetic Justice]

Fair call, I have not seen a good, cheap example of an EL XR8 for some time.

If I was to come across a good clean EL Fairmont Ghia V8, I'd snap it up quickly!

[EFFalcon]

don't blame ya nick, if i didnt already have my EL i'd be looking to do the same.

[Poetic Justice]

I guess it's in the buyer to decide where they see value.

I'd own a C63 sure, but I'd be a little apprehensive about maintaining it.

I've owned and do own turbo car/s, but the emotion inducement of a v8 is unmatchable by anything else.