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The Positives and Negatives of Buying at a Classic Car Auction

It’s an automotive enthusiast’s dream. Head to an auction that features a list of classic cars, the type that had you gazing at the poster on the wall for hours. Up for grabs is a Lamborghini Countach, perhaps a Tucker Torpedo, maybe even a classic Ford Model T. Niggling away is a question or two. How good will the car be? Why is it being sold? Let’s have a look at some of the ups and downs of buying such a machine at an auction. One immediate positive is that the prospective buyer MAY be the only person looking for a certain car listed. Sure, this easily can be a negative if everyone’s after a Ford Falcon GTHO with three hundred miles on the odometer but if it’s something like a 1957 Chevrolet Bel Air in reasonable condition, there’s a better chance of not so many eyes being on it. Many classic cars come with paperwork. This describes the history of the car from the day it was sold at a dealership, its service history in detail, any restoration work, and the canny owner will have had this done by specialists. As a result, the car should be in as close to showroom condition as possible and with as little to spend on top of the final purchase price. Reputable auction houses help behind the scenes by doing their best in ensuring a seller is not selling a dud. As an accepted rule, sellers via reputable auction houses are either known to the auction company through previous transactions, have been thoroughly vetted by investigation, or are a known vehicle investor. The classic car family is a solid and tightly knit network. One particular American gent has made a living from buying and restoring classic cars then selling them at auction. This, as a result, has had him build a great network of people to call for advice and for assistance when required. If car XYZ is missing part LMN then a phone call or email generally has someone somewhere saying “yes, I can help”. This results in being able to source a genuine part, just like Rare Spares offers as a service. However not all diamonds are polished. Although a good auction house will inspect the cars being offered for sale, sometimes human error creeps in and a car listed as 100% genuine may have parts that were hastily cobbled together from less than reputable sources to have it ready in time for sale. Thankfully these happenings are as rare as they can be. Cost at an auction is always the big question. Again, most reputable auction houses will be able to price the car to the market value. There will be a reserve, a minimum asking price, but sometimes that can work against buyers that feel the market is asking too much, or, conversely, can see the expected asking price soar way beyond expectations, leaving buyers frustrated with what could be seen as artificially inflating the value and therefore affecting similar vehicles negatively. Having a good knowledge of cars and the industry certainly won’t be seen as a bad thing. Not all rare cars are desirable and not all classic cars are expensive, so being able to research, shop around for the relative sales price of a car being eyed off will assist when you’re ready to buy. That way, at an auction and knowing what you’re prepared to spend will assist especially if there’s a choice of the car you’re aiming to purchase. Finally, an easily overlooked item: what are you, as a new buyer, going to do with the car itself? Some people are in an envious position to be able to store cars in a properly maintained environment and keep them as an investment. However if you’re looking to be a driver of the car, let’s say a Porsche 356 Speedster, what about: parts, fuel, insurance, the actual drivability of the car? Some classic car owners bring them out for car shows, perhaps a drive day at their local race track, and unfortunately too many are driven there and are trucked away with mechanical issues that weren’t obvious when bought. To use that well worn phrase, however, “at the end of the day” it shouldn’t be forgotten that a buyer of a classic car does so because they’ll ultimately wish to be happy, proud, satisfied, with their purchase. After all, that’s what Rare Spares aims for with our range of parts for Australian classic cars.  Let us know your thoughts on what you look for in a classic car and perhaps the good & the bad you’ve experienced at an auction. Keep up to date with our expanding product list at our website and stay in touch via our social media outlets.

Group S At The 2018 Bathurst 12 Hour

The Bathurst 12 Hour as an event continues to grow in both size and stature. After moving away from a production car based race, in a contentious decision at the time, to a GT based program, the success of that decision has been validated. However, man does not live on GT alone so there were a number of support categories including the Group S cars. Under the current regulations, Group S covers a period from the 1940s through to the end of the 1970s. Groups S itself is an umbrella that covers three sub-categories; Group Sa, Sb, and Sc. Sa is for the more elderly cars, starting from early 1941 through to the end of December 1960. It’s this category that appeals to the drivers of British cars such as the MG-A, Sunbeam Alpine, or the “Bugeye” Sprite. Sb cars cover a slightly more compressed timeframe, being January 1961 through to December 31 1969. There’s a vast appeal here to many marques, so Corvette Stingrays, Alfa Romeo GTVs, Porsche 911s, Shelby Cobras, and more will feature. Group Sc rounds off with an inclusion of cars from January 1970 through to December 1977 (although we’ll see cars from 1979 racing) and Porsche stars here with the ever green 911. There’s the occasional De Tomaso Pantera, Datsun 260Z, and Triumph TR6. Naturally, being historic car racing, there’s categories within categories, with engine capacity classes being applied. Group Sa has: Saa, Sab, and Sac, covering up to 1300cc, between 1300cc and 1800cc, and over 1800cc Sb covers a larger range. Sba and Sbb are the same as Group Sa, with Sbc ranging from 1800cc to 3000cc, whilst Sbd is from 3001cc. Sca is slightly different, covering up to 2000cc, then Scb just 2001cc to 2600cc, then Scc 2601cc to 3500cc before finalizing with Scd from 3501cc and up. 2018 has a pretty full calendar for these venerable machines with fourteen race weekends; March 2018 has the annual Philip Island Classic whilst mid April has the inaugural Shannon’s Nationals at the new South Australia Tailem Bend circuit. There’ll be visits to Morgan Park in Queensland, Winton in northern Victoria, and December sees the final round for the year at Sydney Motorsport Park for the fabulous Tasman Revival meeting. The Group S cars are a production based category and the cars themselves do not have to have a specific racing history, unlike the Groups A and C cars which MUST be the original racing car. The www.groupsracing.org.au website says: “Group S cars are not historic racing cars; they are historic production sports cars, modified within the limits of Group S eligibility criteria.”  Group S ran three races at Mt Panorama during the B12 event. Race 1 was Friday February 2 and was shortened to five from the scheduled seven laps. It was a fifty five car field that featured vehicles from all three sub categories with twelve different marques and it was a fifty one car field that finished the five laps. Ian Ross in his 1966 Shelby GT350 managed to beach his classic machine at the Chase in lap one which resulted in a safety car being called out for three laps. Of the fifty one that finished race 1, sixteen were Porsche 911 and one of those, piloted by Geoff Morgan in the Sc class, took the chequered flag. In fact, the first three cars were Scc followed by two Scd. The quickest Sa car was in the Sac category, Zack McAfee in his tidy 1956 Austin Healey. Unfortunately for Morgan race 2 was a fizzer on the final lap as his car’s distributor failed. This handed the win to fellow 911 pilot and Morgan’s good friend, Wayne Seabrook. There was a measure of carnage at the rear of field on the first lap with Colin Goldsmith’s immaculate 1959 Austin Healy being punted by a spinning Steve Constantinidis is his 1972 Corvette. Race three was curtailed to five laps in a time critical finish. Seabrook again took the chequered flag. Doug Barbour in his 911 finished with a flourish by spinning on the final lap and managing to still snare fourth. A sidebar here is just how quick and nimble some of the smaller engine cars were. Race three had Damien Meyer in a 1275cc MG Midget from 1970 finish in thirteenth position, ahead of cars such as a DeTomaso Pantera with its 351 Ford engine and a 928 Porsche with a 4.5L block. That was a great follow up to his 17th in race 1 Did you catch the classic car action at the Bathurst 12 hour? What did you think? Head over to the Rare Spares Facebook page and let us know in the comments section below.

Buyer Beware - Asbestos in Imported Classic Cars

Thinking of importing a much loved car (or motorcycle) from overseas? It might be worth taking a bit of time to weigh up the risks associated with such an investment before pulling the trigger. In 2017 Australian Border Force intercepted roughly 50 cars and motorcycles that contained traces of the potentially toxic substance, asbestos. Among those a host of classics, including a Jaguar E-Type, a Shelby GT350 Mustang, a Rolls Royce and a Bentley S3. While the cost of importing these classic cars in the first place is hardly a cheap affair, the real costs begin to add up once asbestos has been found. In Australia, since 2003 a total ban has been placed on the toxic substance and individual importers face fines of up to $3000 per offence. Removal of the asbestos effected parts is then the sole responsibility of the individual with costs for some reportedly blowing out to north of $20,000! The most common affected areas are brake pads, clutch linings and gaskets on specifically older makes and models of cars and motorcycles, so your new Right Hand Drive converted F150 Raptor is unlikely to face any issues. Imports are chosen at random for in depth asbestos testing, with microscopic analysis performed by an occupational hygienist. Australian Authorities are suggesting a thorough inspection of the vehicle before it leaves its country of origin to ensure nothing makes it through to Australian shores where it is almost certain to catch the attention of customs. So do your research on asbestos and save yourself a heap of time, effort and money before you import a classic car from overseas. Do you have your eye on an international classic? Or do you have your own import horror story to report? Head over to the Rare Spares Facebook page and let us know in the comments section below.

Volkswagen Beetle – The Peoples Car

The Volkswagen Beetle is one of the most instantly recognisable cars in the history of automotive manufacturing, and just as interesting as the silhouette of the iconic bug is the story behind its concept. In this article we will take a quick look at the history of the Beetle and delve into its Australian connection throughout the 50’s, 60’s and 70’s. The origins of the Volkswagen Beetle date back to the early 1930’s when a Fuhrer by the name of Adolf Hitler proclaimed that the automobile, an at the time luxury afforded to only the very rich, should be available to the masses. Hitler specified that the ideal vehicle must be suitable for carrying 2 adults and 3 children at 100 km/h, while consuming no more than 7 litres of fuel every 100 km. Tasked with creating a vehicle to service the needs of the masses was tasked to Ferdinand Porsche. Porsche set about designing and building three prototypes, branded only ‘Volkswagen’ (“The Peoples Car”), the very round, bug-like appearance of the car ensured it was colloquially referred to as the Beetle. Throughout WW2, Porsche developed a number of military spec Beetles that served as the first to leave his Wolfburg factory. With it’s now distinctive rear-mounted air cooled engine, the military spec vehicles were near on indestructible and were even designed to float for a short period of time in case of emergency! By 1945 production was in full swing and the first customer vehicles were spreading throughout the streets of Europe. Armed with a 19kw flat four engine, the early Beetles proved a massive hit with the public and at a price of only 990 Reichsmark, which was similar to the price of a small motorcycle; the Bug was a genuine option for almost all families. Fast forward 8 years and importation of the Beetle commenced into Australia, with assembly of the Peoples Car commencing in Melbourne by 1954. Throughout the 60’s locally manufactured parts and panels were being utilised in Melbourne built Beetles, with work being undertaken at the now HSV owned Clayton manufacturing plant. As we’ve become all too familiar with in recent times, sales of the Beetle eventually began to decline and in 1976 all Australian Volkswagen manufacturing efforts were ceased and the workshop was sold to Nissan Australia. It wasn’t until 1998 that the first major re-design of the beetle took place and a look at the current Beetle finds a significantly different car to what was established way back in the 1930’s. The engine has been moved to the more traditional front mounted layout while power figures have increased with range topping models featuring in the area of 150kw. The unmistakable shape is still present and although not everybody’s cup of tea serves as one of very few modern cars that pay homage to their historical ancestors. Do you own an early model Volkswagen Beetle? Head over to the Rare Spares Facebook page and let us know about it in the comments section below.

Four Incredible Australian Barn Finds

Barn finds are the stuff of any rev-heads dreams, but for most they are just that; a dream. For some however, dreams of uncovering a timeless classic hidden away in a barn or shed have come to fruition, with many not quite understanding the goldmine they possess until the car has long outlived its ‘best-before’ date. In this week’s blog, we’ll take a quick look at four incredible barn finds that have been uncovered across Australia over the last decade. 1956 FJ Special Found in Essendon back in 2010 this beautiful example with original paint bears a proud 43,067 miles on the odometer. A Southern Motors sold car it has it’s original leads, original owner’s manual and receipts still with the car. It was a one owner car and obviously was used very sparingly. It has some light battle scars such as some panel scrapes from a brush with a steel gate and some speckling in the paint but this all only adds to the character of this very original car. It’s current custodian purchased the car from the original owner’s son and continues to maintain it so as to keep it’s history intact. 1968 HK Monaro The original owner of this Monaro had stored it in his shed for the first 24 years of its life, and upon purchase by its current owner it spent a further 25 odd years under wraps. For the first 49 years of this car’s life it had seen very little action, and it wasn’t until the current owner’s brother got in his ear about fixing it up to make a trip to Summernats 2016 that there was any real plans to get this car back on the road. With only a dash of oil and tank of fuel added, the Monaro fired into life and with only a couple more updates this classic Monaro was on its way to Summernats! From then on, despite its exterior appearance, the iconic Monaro has been a picture of perfect reliability, regularly hitting the road for a leisurely cruise. 1977 LX A9X Hatchback Purchased when the collector/owner recognised the investment potential of the A9X in the mid-90’s, the Torana was then stored on blocks under his house and used very sparingly throughout the next 17 years. Back in 2011, the Flamenco Red Torana was found still dormant under the late collector’s house and listed for auction with no reserve. While it was expected the Torana would fetch in the vicinity of $80,000-$120,000, the room was shocked to see bidding rise to an astounding $149,000! With only 99,000 original kilometres, this barn find was described as being in immaculate condition, and likely to be one of the best kept, unrestored A9X’s in the country! The question is what’s she worth now? 1971 XY GTHO Phase 3 This blue oval barn find currently resides in the Gosford Classic Car Museum, it was purchased recently by the museum in the back blocks of WA. It was a one owner vehicle and all travel was notated by the owner in a log book and all receipts also kept. Sold new by Lynas Motors the local Ford dealer, it has not been driven since 1982. It is 1 of only 18 XY GTHO’s produced in the factory Nugget Gold metallic paint. It currently sports a set of Bathurst Globes on it’s feet and has not even been started yet by the museum. A guess at value would lead you to think it would push seven figures but in the current market it is very difficult to say with such a rare well documented example… Do you have a classic car living in your shed? Head over to the Rare Spares Facebook page and let us know all about your classic car!

Another Car in the Wall – The Nick Mason Car Collection

Better known as the drummer from the iconic band Pink Floyd, Nick Mason is also the proud owner of a car collection that would rival that of most around the world. With approximately 300 cars passing through his ownership over the last half a century, Nick Mason is fortunate to have driven every single one of them, and in many cases has hit the track in some of the most iconic vehicles in automotive history. Mason’s collection currently sits at over 40 and features classics such as the Bugatti T35, Porsche 962, Ferrari 213 T3 and Aston Martin LM18. As impressive as these are, there are still a handful of cars in Mason’s possession that surpass these classics. Ferrari 250 GTO Worth potentially north of $40 Million AUD, Mason was able to purchase this masterpiece for 35,000 pounds back in 1977, and admits to feeling a little bit stupid at the time to be spending so much on a car. Little did he know it would go on to become one of the most valuable cars in automotive history! One of only 39 built, this GTO lives a cosy life, however has been used in the past to drop the kids off at school and has even been spotted parked on London Streets!  Maserati ‘Birdcage’ Tipo 61 Owning the lucrative title as possibly Mason’s favourite car, the Tipo 61 earned the nickname of ‘Birdcage’ as a result of its roughly 200 chro-moly steel tubes welded together to form it’s chassis. The ‘Birdcage’ still hits the track, and has cut laps at the famous Goodwood Revival on more than one occasion. McLaren F1 GTR Unfortunately this car hit the headlines for the wrong reasons earlier this year, as Mason lost control of the car during a demonstration at Goodwood resulting in some relatively high speed contact with a tyre wall. Fortunately the damage was not terminal, and the GTR will live to see another day. To give you an idea of how rare this car is; there were only 106 F1’s built, and of those only 28 wore the GTR badge. The GTR was essentially the race going version of the iconic McLaren Supercar and dominated various GT racing series in the mid-late 90’s. Ferrari 512 S A spectacular car, the Ferrari 512 S did a lot of things right, it had oodles of power and looked absolutely fantastic. However, according to Mason, they didn’t quite get the aerodynamics right, which has led to some interesting moments behind the wheel of the prancing horse. Powered by a 5 litre V12 (hence the name 512), this Ferrari led a somewhat disappointing racing life as it had to contend with the all-conquering Porsche 917. Rules were eventually changed to close the loophole which allowed heavy 5 litre cars to race against the lighter 3 litre cars in the early 70’s sports car racing world, thus rendering the 512 S somewhat obsolete on the track.     This spectacular collection is up with the best we’ve ever seen! Do you know of any other celebrities with impressive car collections? Or maybe you have a burgeoning collection of your own? Head over to the Rare Spares Facebook page and let us know in the comments section below.

The $312,000 Monaro

A pristine condition 1970 Holden HT GTS350 Monaro has been sold at Lloyds Auctions on the Gold Coast last month for a whopping $312,000. Eclipsing the previous record of $310,000 set in March, this ‘pride of the fleet’ becomes one of the most valuable Monaro’s ever sold at auction. Features include impeccable Platinum Metallic paint, a mere 119,000km on the odometer, a two speed powerglide automatic transmission and of course a 5.7 litre 350 Chevrolet engine. With the sale of this iconic Australian car, we decided to take a look back at the HT GTS350 Monaro and discuss why it holds a special place in the hearts of Australian motoring enthusiasts. The HT Monaro was introduced in 1969 to much fanfare and whilst the minor design changes including the bonnet scoops and bold bonnet stripes were well received, it was the introduction of the 350 Chevrolet that got the punters excited. Not only was the GTS350 a winner with the public, it left a fair mark on the Australian racing scene as well, where it experienced almost immediate success on the track. In 1969, in its first year under the management of Harry Firth, Holden Dealer Team GTS350 Monaro’s took out the top and third step of the podium at the Hardie Ferodo 500, piloted by Colin Bond/Tony Roberts and Peter Brock/Des West respectively. The Monaro would also go on to take out the 1970 Surfers Paradise 12 hour race driven once again by Bond and Roberts as well as the 1970 Australian Touring Car Championship driven by Norm Beechey. Beechey’s feat was made even more impressive as a result of an 8th place finish at Calder Park, a DNF at Warwick Farm Raceway and a DNS at Symmons Plains. The Monaro would go on to race a further two years in the ATCC before the ‘supercar scare’ of 1972 rendered the Monaro ineligible for the newly developed Group C production class. Whilst the HK GTS327 Monaro was a great car and may have been the first to take up the fight to the GT Falcon, it didn’t quite hit the nail on the head in terms of usability. It was the GTS350 which propelled the Monaro to levels at the very least equal to that of the Falcon GT. Power outputs were comparable between the Holden and Ford marquees whilst acceleration and top speed figures were almost identical. The GTS was a second faster to 50mph, however only a shade faster to 100mph (20.1 to 20.6), ensuring the Holden v Ford rivalry raged on. Significant suspension improvements were made to the GTS350 over the regular GTS models with performance in mind. Stiffer shocks, a heavy duty stabiliser bar and rear radius rods ensured a much sportier ride whilst bearing a significant improvement over the harsh ride of the HK GTS327. The end result was a car suitable for the track whilst also being completely practical for day to day use. Interestingly, the GTS350 in manual guise was the first Holden that could be ordered with rally wheels. The Monaro will forever hold a special place in the hearts of Holden fans, with the iconic coupe representing some of the most iconic designs in Australian automotive history. At Rare Spares, we love to hear your stories of Australian classic cars; do you own an early model Monaro? Or maybe you have your eye on a particular classic? Head over to the Rare Spares Facebook Page and let us know in the comments below.

Vacation Nation - Looking Back at the Humble Holden Vacationer

As Aussie as thongs, meat pies and kangaroo’s, the humble road trip is an Aussie institution. Most of us will remember those drives in the back of the car as the family headed North, South, East or West to that holiday home, camp site or Uncle’s place somewhere up the road. No doubt those fond memories were re-created with the next generation, this time with you in the front seats! With such a treasured pastime as the road trip, Holden were in tune with this fact, and playing to the feelings of freedom and good vibes of those holidays, launched specific ‘Vacationer’ models. This up-spec’d model would appeal to those looking at a special model that could make the long hauls across our vast nation somewhat more comfortable. In 1972 the Holden HQ Kingswood Vacationer model was released. And what a beauty she was. Premium additions like a luxury centre arm rest and door to door carpets, chrome wheel trims and a selection of two-tone colour options, joined the 202 engine and tri-matic automatic gearbox with disc brakes. The Vacationer model made appearances throughout the majority of the subsequent Holden line-up, culminating in the last appearance of the vacationer model in 1995 when Holden released the VS series. At the time of release, the VS Commodore Vacationer was $30,370 which in today’s money is $50,951. What did you get standard for your money when ordering a new Vacationer in 1995? Air conditioning, power door mirrors, remote (keyless) central locking, power steering, power windows all-round, plus the all-important cruise control to gobble up those highway miles. While we don’t think Holden will revive the Vacationer model any time soon, it was an interesting model that for many years was a reflection of the habits of a vacation nation! Were you one of the many children who spent countless hours’ road tripping in the back of a vacationer? Or maybe you still own a Vacationer? Head over to the Rare Spares Facebook page and let us know in the comments section below!

American Hero – Top American Import

When it comes to American muscle cars it’s hard to look past the iconic Ford Mustang and Chevrolet Camaro. Although there are a number of other stateside classics that will go down in history as American greats, it’s the Mustang and Camaro which typify what the scene is all about. In this article we’ll take a look at the two US classics, what made them special and how they were received in Australia. In 1961, Lee Iococca, the Vice President and General Manager of Ford had a vision. This vision was to build a car that could seat 4 adults, have bucket seats, a floor mounted shifter, weigh no more than 2500 pounds, be no longer than 180 inches long and sell for less than $2500. After a few years and a couple of interesting looking prototypes, from this vision the Ford Mustang was born, with the first car rolling off the production line in March 1964. In Australia, the Mustang has gone through periods of great popularity mixed with periods of little interest, mostly as a result of the cost of importing and RHD conversion proving to be a bridge too far for local consumers. However, early Mustangs were a hit from the get go, with up to 200 first generation Mustang’s being imported by Ford Australia in 1965, converted to RHD at their Geelong plant and sold to the public for around $6000. The timeless design was received well by enthusiasts in Australia. Throughout the last 50 years, early year Mustangs have remained a desirable car for Aussie enthusiasts which are reflected in modern day re-sale values. Of course, it would be remiss of us not to mention the current 6th generation Mustang which has proved to be a hit on our shores. The rear-wheel drive 5.0 litre V8 producing 306kw/530Nm is somewhat filling the void that has been left by the departure of the Falcon, providing the public with a high powered substitute for the XR8, albeit in coupe form. On the General Motors front, the main competition to the Mustang over the years has been that provided by the Camaro. The Camaro was born in September 1966 as an answer to the booming popularity of the Mustang. Featuring a long hood, short deck, seating for four and a unitized body construction with a separate front sub frame, the Camaro came with engine options ranging from a 230ci straight six to a 427ci V8. The Camaro was received well in Australia in the beginning, and was successful in Australian motorsports, further thrusting the classic car into stardom. Bob Jane would win both the 1971 and 1972 ATCC at the wheel of a Camaro ZL-1. Much like the Mustang, the Camaro went through a period in which they were less desirable to the Australian public which, unlike the Mustang, has not really recovered in the form of Camaro Australian sales. Unfortunately for Australian motoring enthusiasts, in its current 6th generation guise, there are no formal plans for the Camaro to reach Australian dealership floors. Which generation Mustang’s and Camaro’s are your favourite. Would you like to see the latest Camaro on Australian showroom floors? Head over to the Rare Spares Facebook page and let us know in the comments below.