Are prices turning around

hairy · #1 01-24-2009, 12:34 AM

Is this a good sign, $10,000 and climbing?

http://www.trademe.co.nz/Trade-Me-Mo...-198760917.htm

Is it because under the new rules you can't bring in any more SVXs?

They are going up here, http://www.tradecarview.com/used_car...alcyone%20svx/ as well.

Blacky · #2 01-24-2009, 05:50 AM

edited for double post

Blacky · #3 01-24-2009, 05:56 AM

A New Zealand dollar is only worth $0.53 US. $10,550.00 NZ is $5,600.00 US., a very good price for a car with so few miles. For the first one it's because of the mileage. 59,000 km (36,660 miles) is practically new.
The second one is low mileage also but in Japan they have strict recertification rules and it's expensive to meet the guidlines. That's why there are tons of low mileage JDM engines available for cheap, especially in the USA (west coast).

hairy · #4 01-24-2009, 03:51 PM

Not entirely correct, you can't just look at the exchange rate and apply the price to your local market as a direct comparison. In the NZ market the average SVX price was down to about $3-4 K with some tidy cars down to $1500 (I have even seen a tidy Pearlie with nothing wrong with it go for $800!).
The 1st example is already in NZ and has been advertised several times with no takers and now out of the blue it is topping 10 grand.
The Japanese recertification process is well known down here and we take advantage of it, we take alot of their 2nd hand cars as NZ is also a RHD country (it only costs NZ$1700 for shipping) which has pushed car prices wayyyyyyy down.
I have been watching the 2nd site (a Japanese site) for a while now and have definatly seen an increase in the last six months or so in the asking price for SVXs (up to $14K US).

subbieatnz · #5 01-25-2009, 02:48 AM

Theres something a bit weird about that auction.
When that was listed it had a resrve of 5000 on it....
its up to 10,550.00 and hasnt met reserve on it.
I really would had liked that Green SVX only prob with it that it hasnt got the tan leather so is the base model one?

SURTEESS · #6 02-03-2009, 04:09 PM

It never sold - he was asking double what the base model is worth,,,,,it is relisted with w more realistic price.

subbieatnz · #7 02-03-2009, 06:53 PM

well its relisted at the same starting bid again. I wonder what reserve is?