Have GS prices Crashed?

JSP214

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131
The ad states that it's an "Imported Vehicle", plus the interior is not going to be to everyone's taste. So I assume those two things have contributed to the lower than expected price.

72587
 
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JSP214

Member
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131
Also that car is not really representative of the "average" GS price as the majority of cars on AT are between £20k - £24k.

Prices of the 11 other Gransports on AT at the moment, (to the nearest thousand):
  • x4: £20k - £21k
  • x4: £23k - £24k
  • x2: £24k - £25k
  • x1: £30k
 

alfatwo

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5,517
Also that car is not really representative of the "average" GS price as the majority of cars on AT are between £20k - £24k.

Prices of the 11 other Gransports on AT at the moment, (to the nearest thousand):
  • x4: £20k - £21k
  • x4: £23k - £24k
  • x2: £24k - £25k
  • x1: £30k
Are you only saying this because you own one?

Dave
 

Gp79

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1,393

Andyk

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61,038
There is no doubt prices have opted over the last year. Rare to see one over 30k which they did go up to. Great car but as with most Maserati limited market and old now. Jo public are still scared of older Maseratis as the stigma of reliability and high running costs unfortunately still are in the back of their minds.
 

nigw

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904
I don't think they've crashed, but there aren't many about and it's a specialist market so the pricing of a couple of cars can quickly skew a market, even if people aren't comparing like with like. Even so I think prices look low at the moment, and their rarity means that from the current pricing a good one is likely to be a comparatively safe bet in terms of depreciation. That black one has been for sale on and off for years, so it's unlikely that the reason is just the interior and the fact it's an import. As we all know, at this age some can be a bit neglected, but buyers aren't necessarily aware that some have hidden issues.....frustrating for anyone selling a sorted car!

I'm getting lots of enquiries on mine but it's hard to know which are serious.... it's a car that seems to generate interest and people want to talk about! I'd SORN'd it and was keeping it clean under a cover in the garage ready for sale, but it's too good for that, so re-taxed it yesterday and we're off to the Lake District in it at the weekend!
 
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foibles

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511
4 years ago when i was convincing my gf to buy a gransport, i took the opportunity to record the asking prices of all GS for sale in UK and Australia. Since that time I'd estimate that GS coupe prices have dropped 25% and spyder prices have softened 15%.

Whilst there are few data points to judge from, I'd estimate mcv has actually gone up 25%. These have to be the most collectible production maserati of the 21st century.

Compare that to:

Porsche 928 and 944t up 100%
Toyota Supra up 200% and climbing
R34 GTR up 100% and climbing

I think there's no doubt GS prices have taken a solid fall. In saying that, they're now very good value. I'm not sure they'll rebound any time soon... Whilst they're a lot more bang for buck than many Japanese cars like NSX, Supra, etc... There just isn't the demand.
 

nigw

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Messages
904
4 years ago when i was convincing my gf to buy a gransport, i took the opportunity to record the asking prices of all GS for sale in UK and Australia. Since that time I'd estimate that GS coupe prices have dropped 25% and spyder prices have softened 15%.

Whilst there are few data points to judge from, I'd estimate mcv has actually gone up 25%. These have to be the most collectible production maserati of the 21st century.

Compare that to:

Porsche 928 and 944t up 100%
Toyota Supra up 200% and climbing
R34 GTR up 100% and climbing

I think there's no doubt GS prices have taken a solid fall. In saying that, they're now very good value. I'm not sure they'll rebound any time soon... Whilst they're a lot more bang for buck than many Japanese cars like NSX, Supra, etc... There just isn't the demand.

Interesting numbers on the Gransport, and sound about what I'd expect. I don't think it makes much sense to compare them to cars from a different era though... most 80-90s cars have done very well (my 205 GTI is up around 400% over the same period).

A more realistic comparison is with competitors of the day....a 911 (997) C2 was a direct competitor and a 2007 911 is now worth about the same as a 2007 GS. The AM Vantage was a bit more expensive, and now a 2007 Vantage would probably be around £3-4k more than a 2007 GS.

I've in the past considered an early 997, and the prices dropped quite low though seem to have levelled off recently (or even imcreased slightly). Early ones are at risk of catastrophic engine failure at pretty much any mileage unless they've had a £11-14k rebuild (bore score), which put me off... but I bet they're still generally perceived as a safer bet than a GS.
 
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Ewan

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6,757
Prices have dropped, and I’d say by about 20-25%. You can get a perfectly good GS with circa 60k miles for £20k or less now. And one with half those miles would only be a few thousand more.

2 years ago you had to pay at least £30k for a good car with lowish miles. Look at that Argenta Luna car, owned by a couple of people on here. It’s a lovely example but recently sold for over £10k less than Dicky sold it for maybe 2 years ago.

As for the MCV, at best that might just about have remained static over the last 2 or 3 years. I sold mine back then for circa £60k (from memory) and I’ve not seen one for sale for more than that since then. A safe enough place, in Maser terms, to park some cash, but not currently an increasing asset. A bit like the car I replaced it with, a 2 seat Strad. Both these rare cars are holding their value and fun to drive, and that’s good enough for me from a modern Maser.

The GS is the current Maser bargain and still a lovely car.
 

DaveT

Member
Messages
2,830
I don't think they've crashed, but there aren't many about and it's a specialist market so the pricing of a couple of cars can quickly skew a market, even if people aren't comparing like with like. Even so I think prices look low at the moment, and their rarity means that from the current pricing a good one is likely to be a comparatively safe bet in terms of depreciation. That black one has been for sale on and off for years, so it's unlikely that the reason is just the interior and the fact it's an import. As we all know, at this age some can be a bit neglected, but buyers aren't necessarily aware that some have hidden issues.....frustrating for anyone selling a sorted car!

I'm getting lots of enquiries on mine but it's hard to know which are serious.... it's a car that seems to generate interest and people want to talk about! I'd SORN'd it and was keeping it clean under a cover in the garage ready for sale, but it's too good for that, so re-taxed it yesterday and we're off to the Lake District in it at the weekend!
Yours is a lovely looking car in a rare colour for a GS. Good luck with the sale.
 

BL330

Member
Messages
1,121
4 years ago when i was convincing my gf to buy a gransport, i took the opportunity to record the asking prices of all GS for sale in UK and Australia. Since that time I'd estimate that GS coupe prices have dropped 25% and spyder prices have softened 15%.

Recent Australian entries on car sales have increased prices for very tidy cars. I hope they get their prices.
This one claimed it was sold awaiting finance at $80k https://www.carsales.com.au/cars/details/2006-maserati-gransport-auto/SSE-AD-6672730/?Cr=0
Others around $65k https://www.carsales.com.au/cars/details/2007-maserati-gransport-auto/OAG-AD-18877817/?Cr=3
https://www.carsales.com.au/cars/details/2007-maserati-gransport-auto/OAG-AD-18496275/?Cr=4
 

foibles

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Messages
511
Hi Bruce,

You might know the aussie gs market as well as i do. Very few cars have sold in years. The sydney ferrari dealer sold their aussie delivered red spyder... Magnificent condition... For low 50s, which is why there's zero chance that red coupe would fetch anywhere near what is being claimed. Doesnt stop the seller from claiming it. Not even aus delivered... So I'd reckon it might fetch 50s at best. Otherwise the red spyder would have fetched more than it did. Others to sell include the deep blue with very very low klms... And the greenish blue one that appears each six months... Not sure if its sold. So there is the occasional sale, but its not an energetic market. Believe me, I'm as desirous of gs price increases as you. But compared to the 10 enquiries i field each day for my 4 japanese imports, most euro metal is stuck in a stubborn market at present.

But for a value for money car to rack up some miles in... Nothing comes close. I do note most 997 carrera s are still 20 to 30k more than a gs... Further demonstrating its value
 

StuartW

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9,306
Just looking on Autotrader (like you do) and have noticed prices of GS’s and GT’s falling but saw this late low mileage GS for almost silly money.
Is there something wrong with it that I’ve missed or have prices crashed?

https://www.autotrader.co.uk/classified/advert/202007010726700View attachment 72586

If it's a good car following a prospective buyer's assessment and a PPI, then this is a great deal. An imported vehicle shouldn't put you off after all, all Maserati's are imported - it just wasn't intended for this market but that should not go against it
 

nigw

Member
Messages
904
But for a value for money car to rack up some miles in... Nothing comes close. I do note most 997 carrera s are still 20 to 30k more than a gs... Further demonstrating its value

That must be in Australia only? A 2006-2007 997 C2S is generally £19-22k in the UK, so very comparable with a UK GS of the same age.

With the 997 there's a big jump up around 2009, which is because they addressed the engine issue....these start from 2009/10 and are £28k+. The only other difference is that the 997 generally seem to have more miles on them for their age.
 

JSP214

Member
Messages
131
Do the falling prices of Granturismo’s play a part too?

Perhaps buyers who like the brand and have a £30k - £40k budget, prefer to buy a GT as they’re more current?
 

Strad

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Messages
245
I love GT’s (obviously!) but at current GS prices, I’d buy the GS over a similarly priced GT all day long. Utter bargains now.
 

foibles

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Messages
511
That must be in Australia only? A 2006-2007 997 C2S is generally £19-22k in the UK, so very comparable with a UK GS of the same age.

With the 997 there's a big jump up around 2009, which is because they addressed the engine issue....these start from 2009/10 and are £28k+. The only other difference is that the 997 generally seem to have more miles on them for their age.
Yes, australia only. Due to our restrictive import market, as well as tax treatments, our market is entirely different to yours. Which is why many from the uk, as well as aussie expats, exploit the personal import law which circumvents some of these constraints, and allows you to get a uk car at uk prices and take it to oz... Often 100k aud cheaper than the aussie price.

The GS to 997 is an apt comparison... For years aussies have been able to import GS whilst still in Australia, but we can't import the 997. So when large volumes of GS came into the country about 8 years ago... The market suddenly became flooded.

In fact, it flooded so much that some parts of the market over correct, which was the case with the GS Spyders... They became significantly cheaper in oz.... Than they were in the uk.

Take the Stradale.... Still far and away more expensive here in oz than in the uk. Sadly our good neighbours to the east enjoy much cheaper cars than we do... And the same market distortions occur... I've observed the past 3 years you can buy a strad cheaper in NZ than you could in the UK.