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Discussion Starter #1
We all know GTR prices have been crazy the past few years. This is another level though! Millennium Jade M-Spec Nur sold on 21 August 2020 for ¥24 030 000!!

The car was a Grade 3.5b and had 60 000km on the clock. Is this a bubble that will pop or will they continue to rise until 2024 and beyond?

Pics attached!
 

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if you look at the inspection photos (from various importers who inspected it)

the car wasnt all that.

seats are very worn (drivers), horrible parking sensors etc. engine bay wasnt perfect (in my view)

silly money, but only achieved in japan via auction.

to think someone is going to pay even half that in the UK or EU is still silly

i have always said this.
 

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They seem to be paying those kind of prices in Australia. On the other hand my insurance gave me a guaranteed value of £100K on my car this year....
 

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I can confirm this. But since GTRs are sourced from Japan this has a flow-on effect for the global R34 GTR market. Everyone's fighting for the same cars....now the Yanks want a piece of the action too and wait til we hit 2024. Drug money.
 

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Discussion Starter #10
I guess what makes it special is the following

  • Rarest Nur variant at 285 examples
  • Special Nur colour, being 1 of 144 M-Spec Nur's in Jade and 1 of 300 total
  • Already legal in US for show and display purposes
Still not in great condition to warrant the price imo. Also a bit scary that Z-Tune's were trading at this price not too long ago.
 

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Who knows what the future holds. Very few traditional places to get a return on your money and (in the UK at least) tax free profits when you sell it on.
If interest rates return then it'll be interesting to see if people are still keen to "park" capital up in motor vehicles that need storage and maintenance rather than in a interest account.

LOTS of capital injected into the world at the moment, while that continues you'll see all sorts of crazy things happening.
 

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At £171k, Will You ever get Your Money back?:oops:
People have been saying that about every classic car :)

I would rather pay £171k for this, than a piece of art - but that's my preference. People out there pay huge money for even less tangible things. Wasn't the most expensive UK numberplate 250k? OIL 1, or 1A or some such plate.
 

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At £171k, Will You ever get Your Money back?:oops:
Maybe yes, maybe not however It depends on the type of money put in the 1st place, even if you get back 150k on 171k, that's not a big loss for unclean money in a way and very often, it's a long term game, look at where the JDM market is in general, nobody could have predicted that.
 

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Maybe yes, maybe not however It depends on the type of money put in the 1st place, even if you get back 150k on 171k, that's not a big loss for unclean money in a way and very often, it's a long term game, look at where the JDM market is in general, nobody could have predicted that.
JDM isn't so different to classic jags, ferrari's and other classics. Try buying a Ford Cosworth now, or a Capri, or Mk2 Escort... all crazy money
 

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I was listening to a podcast the other day and it had a segment saying that at one point you could pick up a McLaren F1 for about £500k at their lowest. If only had the money a foresight to see that one.
 

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I was listening to a podcast the other day and it had a segment saying that at one point you could pick up a McLaren F1 for about £500k at their lowest. If only had the money a foresight to see that one.
Cars are still a poor investment if you are only after big returns. A lot of the major tech companies share prices have risen by thousands of %, so you would have been better off investing in Nvidia, AMD, Microsoft, Zoom, Apple and Amazon than buying that MF1, and with your profits have enough left over for every other supercar you would have wanted, plus a big house in the USA.

The what if mindset is a slippery slope :censored:
 
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