Alfa GT - what is it worth?

[JAM87]

Hi guys,

I hope you don't mind me starting a new topic but this is a question that can only be answered by Alfa specialists who live and breath Alfa.... Looking at a 2010 Alfa GT 100 anniversary option.... The vehicle has only 6,500 kms which suggests it has been a weekend vehicles only. The issue I face is the current owner is looking at close to $39k for the vehicle, I know it's an Alfa, but with all due respect there are a lot of great cars for sale sitting around that price point on carsales. What do you guys believe a car like this is realistically worth? I work within a dealership in the south east of Melbourne, I dare not ask them what they believe it's worth on the trade as I will only offend the current owner....

Really appreciate your help on this one as if you don't mind.

Regards John

[Mika]

As a rule of thumb, cars typically halve in value every four years, given those last models sold for approx $50k, the starting point should be about $25k, given it has done exceptionally low kms and I assume it is in close to immac condition it obviously demands a premium, the question is how much, I would say fair value would be b/w $30-$32k. If it hasn't had a diff upgrade to Q2 then you should factor that in and that's a further $2k.

Good luck with the negotiations

Mika

[JAM87]

Thanks Mika,

Really appreciate your reply.

I think you are on the money.

regards,

John

[Phil Goodwin]

I would add that it should have belts done and metal waterpump at the same time.  The consumables still need replacement irrespective of how little you drive them.  At a $30K buy you still possibly have a Q2, belts and poss service due plus transfer fees and an expectation of some rego life ( say 6 months ) - probably a $35K purchase.
Ultimately the tyres are getting old at 5 years as rubber goes and will turnover quicker than you think. To be fair you amortise the belts and service costs by say 50% so add $3-4K to $30K and you have your cost for the go get great condition car it should be.  So its hard to say you would want to pay more than $30K to purchase but hey if you want the car you might throw money at it. No one is going to buy it at $39K though - that might suggest the seller really doesn't want to part with it. And why would he - I want that car too!
Cheers
Phil G