Tuesday, March 23, 2010 - 04:53 pm, by: Ian Hassall(Yobbo)
Today I sold my 94 V8 Soarer
2 months ago I purchased a 94 V8 GT-L for $2k. I was inspired by the television show "Wheeler Dealers" where Mike Brewer buys a cheap car, and his mechanic Ed China fixes the car, the fixed car is then sold, hopefully for a profit.
I sold the Soarer today for $6700 which I think is a bargain / cracker, and made a $2k profit, ironically I sold it back to the bloke I purchased it from.
Yes I sold it cheap, but I'm glad it went back to the original owner, when I purchased it from him he was down on his luck and had been there for a few years, a few months later hes back on top, so I sold the car for a profit and got a warm fuzzy feeling of doing something nice for someone.
A big THANK YOU to everybody who took the time out to answer my questions over the last few months. I came really close to keeping the Soarer, but with 3 other cars and a caravan I just could not afford it.
So as I no longer have a Soarer, and unless I can pick up another bargain "wheeler dealer" special I will wave you all goodbye, and happy Soaring
Wednesday, March 24, 2010 - 03:25 pm, by: Don Bagnall(Baggs)
Hey Ian, it's been a pleasure having you here Just because you've sold the Soarer dosent mean you have to stop posting stuff or joining in the "Off-Topic" section should you feel the urge..............It's not JUST about the cars mate
Wednesday, March 24, 2010 - 04:08 pm, by: Wes Foster(Freakshow)
For what it's worth. I was the previous owner.
I regretted selling it. More-so at the price that I had to let it go for just to avoid bankruptcy due being involved in an accident outside of work, which cost me my job. And trusted Ian when he said that it owed him as much as he'd sold it to me for. I'm still not in an overly financial state.
But have made sacrifices to get the car back. Even given a previous price considerably lower than what was eventually paid. Because I was the first owner of the car in Australia. I enjoyed it, and know it. Buying just another soarer wouldn't be the same.
I half expected a little money to go towards labour. But I didn't expect $2k worth of labour.
Perhaps I should be a lot less trusting in people in general. But I bought the car back trusting what I was told. Having worked with Ian in the past.
As it is. I've had to order a new set of plugs and leads, easiest done from the states via ebay as nobody locally wants to know about it. There goes close to $300 that I don't have. I'm scouring local wrecking yards today in the hopes I'll find a used exhaust for it.
Even went and got the battery replaced in the key.
Not hugely nice having things like profit at my expense rubbed in my face though. Especially given that Ian knows my situation, as he's recently gone through something similar.
Thursday, March 25, 2010 - 06:17 am, by: Matthew Sharpe(Madmatt)
Firstly, Welcome Wes.
I suggest you take a look at the posts Ian made about the car - from my perspective, reading his posts, he put a lot of time and effort into sourcing and replacing parts and tidying it up - considering it wasn't even running when he got it.
For example he states that the starter motor was not functioning and had to be replaced - do you know what a huge job it is to replace the starter motor on a 1UZ-FE? There's a full days work right there for someone who is familiar with the engine! Could easily take a whole weekend for a newbie! He fixed the ride height, restored the paintwork, windows etc. Loads and loads of work has been done according to Ian.
Now I don't know if he's telling porkies or not, but from what I can tell from here, he sold it to you for at least a thousand less than he could have got for it selling to joe public.
Console yourself with the knowledge that you could probably sell it on at a profit yourself right now without doing anything more to it.
Anyway, sorry for the lecture, and again, welcome.
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