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$55,000 Super FS!

12895 Views 98 Replies 39 Participants Last post by  GiuliaSuper
http://www.carsauto.com/detail.cfm?ID=287746

Wow. I don't think I've ever seen a higher asking price for a Super. I've seen the car in person and it is nice, very very nice, but $55K? Again, I'm forced to think about what else that kind of money could buy.
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Early cars (TIs) had chrome, US-era Supers had stainless. Not sure about earlier or later.

This guy is known for unreal prices, but he seems to get them. He sold a Berlina for $16,000 long before anyone else got that kind of price.

Andrew
Nice super-looks brand new or better but $55K puts you into twin turbo territory. Would also take about 40 years for the collector car market to catch up and make this an investment.
It will be interesting to see what this car actually sells for.
That money could buy three Supers, so why buy just one?
Andrew
I would have to go with a really nice 1965 Giulia SS, a Maserati 3500GT or a down market V12 Ferrari for that money.
55K for a Super

If the car is truly as nice as it looks why not. People pay absurd amounts for other cars... 356 Porsches etc....I will have at least 30k in my Nuova Super by the time the car is complete. I am doing most of the work myself. If I took it to a restoration shop my bill would be at least 55k. A nice, cheap alfa is a great find but these cars are getting very old now and to make one as good as it should be you must go through the entire car and spend what it takes to make it right. Ferraris are fine...I have owed one and a sell them to make a living....BUT THEY ARE NOT ALFAS! I simply cannot afford to take an old Ferrari and make it the way it should be. So I won't do it. I really prefer 750, 101, 105, 115 and 116 Alfas..... I don't know about the others I don't have any 1st hand experience. Don't be afraid of an expensive alfa they are worth it!

David Alexander
Riverside, IL

Alfetta GT w/3.0 race car project
Giulia Nuova Super
GTV6 with a 24 Valve 164QV motor
Even at $55k, the next buyer is saving over $22k... There are people who prefer one exceptional car to several nice ones. They also understand the savings of buying one with everything done, instead of bringing a nice one to this level. Such a buyer will have no problem with this price...

Best regards,
A lot of money, yet even then, probably selling at a loss.
We build cars like this to order. We could'nt possibly do this for less than 40000 euro.
This for a car with EVERYTHING new.
Count with me:
Good base Super to start with, no or minor rust, yet a resto project. I'd say 3500 euro, from italy. (inc transport to over here)
Total bare metal respray, adressing minor dinks and or rust.
Including polishing and cutting of paint afterwards. Metallic. Can I state about 8000 euro? Remember, inside and out, totally.
Makes 11500.
Fresh engine, gearbox, rear axle, driveshaft. Everything new. Head work, pistons and sleeves. Gearbox fresh. including labor can I realistically state about 12K Euro?
makes 23500.
EVERY rubber replaced, windows, doors, rubber mats all over. Headlining, drivetrain rubbers, etc etc. 1000 in parts. Labor? depends on how fast you can work. Ever done a headlining?
I'd say 3K total.
Brakes overhauled, new booster, lines pads, etc. 2500 euros.
makes 27000
Fresh front window, gauges and electrics fresh. hew headlights Carello. new blinker lights. Chrome trim, NOS bumpers etc.
Fresh Koni shocks. Wheels blasted and painted, fresh tires.
Fresh gas tank (available again!!!)
Recored radiator. About 3000 in parts. Include labor to fit (make a new wiring loom and install.. count your hours...)
5000.
makes 32000.
restore completely seats, upholstery, steering wheel, dash top, woodwork, sound isolation. Door cards.
Fit decent sound system that does not intrude on originality. (ie hidden)
about 7000 in parts and labor for fitment. Fluids, oils etc.Have the car professionally waxoyled . 2000.
makes 41000.
I probably forgot a lot of small stuff here, and of course we have to make a profit. So that would ba 50000 euro's if you please.
Do it yourself in a couple of years and save the labor. Whatever. 20000 or so. Still be a 30K Giulia.
We have two that aren't perfect but as close as you can get, one red w/ blue leather, about 18K, and one Azzuro LM , stock base 1300, car's body is really (forgive the word) stunning. Engine nice but original, serviced only, interior 95% , for 15K.
Getting those to that level would be prohibitive to selling them.
We would never do a car like that, unless we had a customer from the start. Too hard to sell because people can't add up.
Seeing that a Beemer 120D with options will set you back close to 40K euro as well, makes this dirt cheap.
Sure, you wouldn't use the Super as you would the beemer, but you could do yourself a base Toyota, AND this kind of Super, and be far the wiser. No depreciation, a joy to behold and to drive and basically SO MUCH MORE FUN, your NEW Super...
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Gentlemen,

Having watched the current fluctuations,in the stock market...and all the losses that people incurred almost 2.5 to 3 %....the past 24 hours....only indicates a very weak dollar...one that has lost its buying power , due to the strengthening of the euro and likewise for the British pound...

In conclusion......todays dollar is really..........50 cents......having said that....a giulia super...restored correctly with all goodies and probably better than factory...is worth the money that he or she is asking for.....and i think the gentleman from the Netherlands seinista...is right....there is NOOO.....DEPRETIATION HERE.....just the opposite.....something you cannot do with a new or modern purchase...which we all know how value is lost ....immidiately when driven out of a showroom...

just my 2 cents...............Haig.
Just because he's got $55,000 into it doesn't mean that's the market value. Happens all the time in SCM, where a car brings half its restoration cost at auction.

Andrew
I agree with the above. Basically, the dollar is worth significantly less than 2 years ago. The car in question may be priced at European (or other) buyers. To understand how expensive this car would seem to say, a German, think of it as a $30,000 spend.
eek::eek::eek:

NO MATTER ABOUT THE VALUE OF $$$$$$$$ !!!!!

Gold plating everything on a old chevy will not make it a 40.000$ vehicle !!!

On the other hand, the remains of a wrecked 6C 1750 GS or a TZ1 will reach sky high values, even if it is only some rusted metal, after all.

14.000 Euro is the top value of the very best Super in Europe. With Higher prices, the car will simply NOT sell as you can buy a decent Porsche 911 for the same money.

The Gallery Brummen

And the pro as Seinista (in Netherland too) don't buy the item they put into the car at the retail catalog price. NEVER ! This is the basic principle of their business.

A few years ago, afriend of mine sold a NOS 1st series Super grill to a professional restoration workshop for 70$. (It was hanging on a wall at home , just for show). The workshop billed the grill...600$ to a customer for a car under restoration, arguing they found the very last one in Italy from the sicilian mafia aka aka aka :p:p, (classical Alfa lies...)

Do you think the car pictured is one of the very best, with the horn button surrounding cracked and the chrom trim under the doors missing,??? (just at a first glance)

Do you think that Europeans are ready to buy things at stupid prices just because the $ is completely (and artificially) underappreciated ??

Anyway 55.000 $ is OK for ... a TI Super !!!

regards
Sébastien
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We have a TI Super in the shop. See the thread..
Think more in terms of 60K EURO...
Serious, of course we would never BUY at these prices. we are a company and must make a profit. We pay large rent etc.
We DO build cars at these prices, for connaisseurs wanting the best.
Really , these prices are OK, not taking into account the US$ etc. I'm just talking europe.
Why is that?
Simple. we have customers who drove a crappy Giulia back in college. You know, a 1500Euro car, rusted, leaky etc. As all Giulias, these are the best and most fun.These people now have a career behind them, drive an A8 or Benz S class. They come along, see what we've got, and think again. They never had sp much fun as back then in their Giulia. Also the memories of their college years etc. the birds they pulled in that ' Lada' ... But they don't have the time for rust, crappy mechanics or whatever. Also, back then they bought what they could get their hands on. Whatever the engine or color.
Now they say, OK, I would want one in grigio Chiaro,red leather, TZ wheels, lowered, hot 2000 engine etc. We say fine and build the thing.
So , this then costs say 35K. Or maybe more.
They could also go out and buy another weekend toy such as a used boxster, a Z4. A Miata. Maybe a TVR. Whatever.
But they connect to the Giulia, count in the economics (space for travel, kids can join in, depreciation, can use in daily drive on nice days etc...) compare the cost to the Boxster or TVR, and hey, presto, a Giulia like this for big money DOES make sense!
Compared to the S class for 200K here, whats 40000 for a toy?
Also, it makes financial sense due to fiscal constaints for running a 'company' car here. Based on new price values. With a giulia new price of maybe 4000 euro back then, over wich to pay tax, or a whopping 200K for the S class, big difference. Hard to explain to a yank how this works...
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I went to see the car in person yesterday and although it is not completely flawless it is very very very close. It is a VERY nice car. For all of you that posted about the economics being wrong, as the posts from Seinista and others say, when has a car that you REALLY want ever been about economics :). I didn't write the check yesterday but I'm seriously thinking about it. If it were a different color I would have bought it on the spot last night.

Owner of the '68 1300 TI from eBay/Fairfield: http://www.alfabb.com/bb/forums/sedan-1963-1974/27579-how-do-you-like-giulia.html
Early cars (TIs) had chrome, US-era Supers had stainless. Not sure about earlier or later.

This guy is known for unreal prices, but he seems to get them. He sold a Berlina for $16,000 long before anyone else got that kind of price.

Andrew

Nice loking car, the higher it sells, the better for the 105/115 market in my opinion. The Berlina, Andrew mentioned above, I restored and sold on e-bay for around 12k, if I remember correctly, to Dawydiak, when he sold it, I think all they did was let the battery go flat in the showroom and loose the books/manuals that I colllected the car.. For $55k this Super should be next to perfect. Starting with the bottom that should be painted, not black undercoat
We each make our own decisions as to value. If this is where good Supers are headed in terms of cost, I'll never be able to buy another.

Andrew
Andrew, this is NOT where good Supers are headed. This is where totally new and perfectly restored cars of ANY brand are headed, as long as there is a market for them. For some that will be a Beetle Cabrio, for others a Hemi Barracuda, and for yet others, a Giulia Super.
People are simply waking up to what a real restoration actually costs, and are willing to pay that money.
Any averagely nice Super will be around the 10K mark for years to come, and a beat up banger which people like you and me can fix up and enjoy for a long time will be around 5 to 6K.
Cars like that will NEVER get restored to that 55K mark. Notice what I said about the base vehicle to start with. Cars like that are becoming more rare. Cars like yours or mine will become more common.
Take it easy! There's more fun to be had....Fun we will have!!!
Rik
Andrew, this is NOT where good Supers are headed. This is where totally new and perfectly restored cars of ANY brand are headed, as long as there is a market for them. For some that will be a Beetle Cabrio, for others a Hemi Barracuda, and for yet others, a Giulia Super.
People are simply waking up to what a real restoration actually costs, and are willing to pay that money.
Any averagely nice Super will be around the 10K mark for years to come, and a beat up banger which people like you and me can fix up and enjoy for a long time will be around 5 to 6K.
Cars like that will NEVER get restored to that 55K mark. Notice what I said about the base vehicle to start with. Cars like that are becoming more rare. Cars like yours or mine will become more common.
Take it easy! There's more fun to be had....Fun we will have!!!
Rik
This is very true... Any car in exceptional condition will command an exceptional car, over other examples that are not in the same condition. I would also note that even at $55k, the owner is loosing a not so insignificant amount, as his receipts for $77k would show. At this price, a new owner is getting the restoration at a nice discount, and the car is free!

Best regards,
You're going to be needing here a person that really likes Super's IMO. Question I have on doing this is why? Within some degree it takes the same amt of money to restore a car whether it be a low end car or a high end car. If I was paying 50K to have a car restored, if it was a low end car I would plan on keeping it forever or having in my mind that resto costs wouldn't be recovered if I sell it. Just because someone spends 50K on a resto doesn't mean that it's a $50K valued car.
Not so.
High end or low end makes one hell of a difference.
Wheter to restore a Mk1 Golf GTI, a Beemer 2002, a Giulia or say a 240Z will all amount to the same.
Doing any high end car, whether a 911, or for this instance, a maserati Indy (not even SO rare or high end: One single example: window rubbers, at around 1000 apiece......) the hours will be the same, except for some extra engine work (multicilinder). Parts are far more expensive...
It's simple, any low end car will never be economically viable to restore.
Even on this indy example, it will (just) work out. Because a restored Indy will do 70K euro's
Any low end car is only restored because someone WANTS it to be. Not because a company sees a profit in it. We see a profit in doing the indy. We would not see so for a Giulia.
So there you are. Even then there are people willing to pay for such cars coming on the market. They are a rarity unto themselves. So they create their own value. in this case 55K$. Which proves that is economically uninteresting as the bills amount to 77K. even at 55 seller is having a hard time shifting. But beleive me it will be sold soon, I think.
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