Jim Thompson
Email
Q
I am considering selling my 2007 VZ Monaro CV8, which has only done 3100 km since I bought it new. What do you think of selling it privately, at a Shannons auction, or at a standard auction house? If I sold it at auction what reserve price should I put on it. Or should I wait for another 12 months hoping the economy improves?
Graham Smith
Ask Smithy
A
I'd be hanging on to it for a while yet, the economy is likely to improve and with it so will the demand for classic cars. Added to that I don't think the VZ Monaro has acquired the true classic status it is likely to acquire over time, even though yours has only a few kays on the clock. It would be worth $40,000-$45,000 right now.
