The cars that don't lose value as soon as you drive away
His father owned an MGA Twin Cam circa 1959 in the 1960s, then switched to an Alfa Romeo 2600 circa 1964, before moving to a Fiat 132 to accommodate his family's needs. It's easy in hindsight to say, 'I should have…' , but Duigan says that purchasing an Alfa Romeo 25 years ago would have meant a significant increase in value over the years.
'An Alfa Romeo then would have cost between $15,000 and $20,000 and would now be worth approximately $75,000. Most new cars that aren't classic generally devalue once you leave the showroom,' he says.
Duigan, from Donington Auctions, which has showrooms in Melbourne and Sydney, says the value of some of these classics obviously comes down to their condition, but also their provenance.
' If a certain car raced at Le Mans or the Mille Miglia (1000 miles in Italian) the value certainly increases,' says Duigan.
While classics from the 1950s through to the '70s are still within reach, other cars such as Ferraris or Aston Martins from the 1960s can easily set you back $500,000.
For those not in this buying echelon, Duigan suggests looking at classics such as the Austin-Healey or a Triumph in the $30,000 to $60,000 range.
But if there's the ability to 'splurge', one could easily spend $5 million on a Lamborghini Miura that was produced between 1966 and 1972. Designed by Marcello Gandini, the vale of this car can also be attributed to the position of the engine, located behind the driver.
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The Age
3 days ago
- The Age
The cars that don't lose value as soon as you drive away
Since auctioneer Damien Duigan was in his teens, he's been following the rise and rise in the value of classic cars. His father owned an MGA Twin Cam circa 1959 in the 1960s, then switched to an Alfa Romeo 2600 circa 1964, before moving to a Fiat 132 to accommodate his family's needs. It's easy in hindsight to say, 'I should have…' , but Duigan says that purchasing an Alfa Romeo 25 years ago would have meant a significant increase in value over the years. 'An Alfa Romeo then would have cost between $15,000 and $20,000 and would now be worth approximately $75,000. Most new cars that aren't classic generally devalue once you leave the showroom,' he says. Duigan, from Donington Auctions, which has showrooms in Melbourne and Sydney, says the value of some of these classics obviously comes down to their condition, but also their provenance. ' If a certain car raced at Le Mans or the Mille Miglia (1000 miles in Italian) the value certainly increases,' says Duigan. While classics from the 1950s through to the '70s are still within reach, other cars such as Ferraris or Aston Martins from the 1960s can easily set you back $500,000. For those not in this buying echelon, Duigan suggests looking at classics such as the Austin-Healey or a Triumph in the $30,000 to $60,000 range. But if there's the ability to 'splurge', one could easily spend $5 million on a Lamborghini Miura that was produced between 1966 and 1972. Designed by Marcello Gandini, the vale of this car can also be attributed to the position of the engine, located behind the driver.
Sydney Morning Herald
3 days ago
- Sydney Morning Herald
The cars that don't lose value as soon as you drive away
Since auctioneer Damien Duigan was in his teens, he's been following the rise and rise in the value of classic cars. His father owned an MGA Twin Cam circa 1959 in the 1960s, then switched to an Alfa Romeo 2600 circa 1964, before moving to a Fiat 132 to accommodate his family's needs. It's easy in hindsight to say, 'I should have…' , but Duigan says that purchasing an Alfa Romeo 25 years ago would have meant a significant increase in value over the years. 'An Alfa Romeo then would have cost between $15,000 and $20,000 and would now be worth approximately $75,000. Most new cars that aren't classic generally devalue once you leave the showroom,' he says. Duigan, from Donington Auctions, which has showrooms in Melbourne and Sydney, says the value of some of these classics obviously comes down to their condition, but also their provenance. ' If a certain car raced at Le Mans or the Mille Miglia (1000 miles in Italian) the value certainly increases,' says Duigan. While classics from the 1950s through to the '70s are still within reach, other cars such as Ferraris or Aston Martins from the 1960s can easily set you back $500,000. For those not in this buying echelon, Duigan suggests looking at classics such as the Austin-Healey or a Triumph in the $30,000 to $60,000 range. But if there's the ability to 'splurge', one could easily spend $5 million on a Lamborghini Miura that was produced between 1966 and 1972. Designed by Marcello Gandini, the vale of this car can also be attributed to the position of the engine, located behind the driver.
The Advertiser
3 days ago
- The Advertiser
New Maserati supercar may bring back the manual gearbox
Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from:
