View Full Version : how much for Your first gen
magna buff
17-06-2015, 12:40 PM
maybe its time to park it in a barn and wait 25 years
June 2015
how much do you think it is worth against others
I have used a TP magna as a search reference and australia wide
if you know of other selling sites please add them
check theses sites -
check the dates of the ads -these sites should be self cleaning I hope (not old ads)
Gumtree must be the most popular place to sell a first gen these days or parts
http://www.gumtree.com.au/s-automotive/tp+magna/k0c9299
a few here-- but watch the date posted
http://australia.trovit.com/cars/tp-magna
first gens listed rarely
http://www.carsales.com.au/cars/results?silo=stock&q=((((Make%7b%3d%7d%5bMitsubishi%5d)%7b%26%7d((Mod el%7b%3d%7d%5bMagna%5d)%7b%26%7d(Series%7b%3d%7d%5 bTP%5d)))%26(((FuelType%3d%5bPetrol%5d)%26(Cylinde rs%3d%5b4%5d))%26(Service%3d%5bCarsales%5d)))%26(E ngineSize%3drange%5b0..2500%5d))&vertical=car&WT.z_srchsrcx=makemodel&sortby=TopDeal&cpw=1
trading post no longer list a first gen magna model ----only second gen
http://www.tradingpost.com.au/Search/Advanced-Result?q=&cat=Automotive/Cars/Cars-For-Sale&page=1&make=Mitsubishi&model=magna&photos=First&filter-sort-by=&filter-location-text=&filter-location-dist=&filter-state=&filter-seller=&minPrice=&maxPrice=&filter-condition=&filter-search-description=&type=&HotlistID=&CustomGender=&CustomAge=&CustomBreed=&MinYear=&MaxYear=&Variant=&Series=&BodyStyle=&Transmission=&FuelType=&DriveType=&kmMin=&kmMax=&DoorNoMin=&DoorNoMax=&SeatNoMin=&SeatNoMax=&FuelCityMin=&FuelCityMax=&EngCCMin=&EngCCMax=&EngCylMin=&EngCylMax=&AncapMin=&AncapMax=&GreenStarMin=&GreenStarMax=&TowBrakeMin=&TowBrakeMax=&PowerKwMin=&PowerKwMax=&VideoOnly=&UserCode=&DeliveryState=
ebay is all parts .a whole first gen is rare
http://www.ebay.com.au/sch/i.html/_W0QQ_sopZ12?_nkw=tp%20magna&_fromfsb=0&_trksid=m270.l1313&clk_rvr_id=850255712801&adpos=1t3&treatment_id=3&crlp=60230876243_2421866&MT_ID=79&device=c&keyword=tp+magna&geo_id=32586&crdt=0
MadMax
17-06-2015, 02:53 PM
I haven't actually seen a first gen on the road for quite a while, and there are none at the wreckers - squished and recycled years ago I imagine.
There are cars in Australia that are worth storing away for decades, and then restoring to factory condition for a big profit sale - Torana SLR 5000, GTHO, some of the performance Valiants for example - but the first gen Magna doesn't qualify. I can't see some old rich guy wanting to relive the heady days of his youth in a TN or TM Magna, for example.
Unless it is special, like the first of a particular model to roll off the production line, most first gens will end up at the scrappers once they develop problems that are uneconomic to repair.
Sad but true.
AQUAR
17-06-2015, 09:27 PM
Why are mitsus so poorly regarded compared to other makes?
The holden torana is not much of a car (we used to have one!) - beats me why its worth a bucket load and appreciating.
Must be a status or nostalgia kind of thing?
That said, the mechanic down the road has a fully restored/renewed/improved torana (it looks fantastic!) and is worth 50K bucks.
There is at least one 1st gen on the road here (Mine!)
And I am keeping my sigma SE (surely that one must be better than a torana).
MadMax
17-06-2015, 09:56 PM
Why are mitsus so poorly regarded compared to other makes?
The holden torana is not much of a car (we used to have one!) - beats me why its worth a bucket load and appreciating.
Must be a status or nostalgia kind of thing?
That said, the mechanic down the road has a fully restored/renewed/improved torana (it looks fantastic!) and is worth 50K bucks.
There is at least one 1st gen on the road here (Mine!)
And I am keeping my sigma SE (surely that one must be better than a torana).
Most Japanese cars of that era are not considered long term investment possibilities, unless they are real or imagined performance machines.
As for the Torana - depends on the model, they ranged from rebadged Vauxhall Viva cars with 1.3L engines to the 5L V8 ones run at Bathurst.
magna buff
18-06-2015, 06:55 AM
wonder if its because its FWD
MadMax
18-06-2015, 08:05 AM
wonder if its because its FWD
Yes, as well as:
Japanese design.
Not powerful.
Not represented in motor sport at any time.
So basically not a "hero" car that can appreciate in value.
Doesn't stop any one individual from liking the car or wanting to keep one on the road for as long as possible though!
I have fond memories of my TP station wagon still.
dennystone 12
18-06-2015, 08:13 AM
I will be keeping my TN GLX , I have too much time on it to give it away
TL Wagon
18-06-2015, 08:23 AM
IUnless it is special, like the first of a particular model to roll off the production line, most first gens will end up at the scrappers once they develop problems that are uneconomic to repair.
Sad but true.
I tend to agree, although you see 70's datsuns starting to increase in value as they get scarce. I still have fond memories of learning to drive in my brothers Datsun 120Y and wouldn't mind taking one for a spin again.
AQUAR
18-06-2015, 10:25 AM
A datsun 120Y - was my first "nice" looking car - kind of a mini KS verada in shape!
Was afraid to drive it at speeds above 80 KM/Hr, as it would "float on the road".
Traded it in for a brand new "real" car - my mitsu sigma se 2.6 manual.
Cost me $10,600 and in todays money would easily buy a $50K - $60K car.
Going to put up a picture of my paint job on the sigma.
Starting to feel Old like MadMax now!
MadMax
18-06-2015, 12:46 PM
A datsun 120Y -
Best old Datsun was the 1600, lightweight and handled really well due to the rear suspension setup. With a 180B engine, some people ran these in rallies.
http://www.otagorally.com/home/images/2009/Day%201/Goldy300.jpg
GoodOldJohno
18-06-2015, 02:28 PM
Why are mitsus so poorly regarded compared to other makes?
Because they didn't race at Bathurst mate, plus Mitsi is a Japanese company at the end of the day.
AQUAR
18-06-2015, 06:56 PM
So its a upward $value attached to "human emotions" rather than practical, sensible, meaningfull, mitsu attributes like better finish, higher quality components, more features, progressive engineering, better bang for the buck etc etc.
Humans can be so fickle - practical when choosing a mitsu for a new car - but silenly hating it because its japanese and isn't going around circles on a race track like a souped up holden.
Who knew!!
Maybe if I drive my sigma on a race track (at 80K's of course!) it will appreciate in value!!!!
Seriously though - that torana I mentioned is worth the $50K because of the enormous effort and cost that went into it, rather than having a holden torana shell.
magna buff
18-06-2015, 09:10 PM
when i have spare time
I will look for any FWD jap cars that have any value today
and why
Jap FWD cars of the time of mitsubishi magna
toyota
nissan
any others ?
TL Wagon
19-06-2015, 07:20 AM
when i have spare time
I will look for any FWD jap cars that have any value today
and why
Jap FWD cars of the time of mitsubishi magna
toyota
nissan
any others ?
Maybe some of the late 80's jap hot hatches, Corolla SX or Honda CRX spring to mind.
MadMax
19-06-2015, 07:31 AM
So its a upward $value attached to "human emotions" rather than practical, sensible, meaningfull, mitsu attributes like better finish, higher quality components, more features, progressive engineering, better bang for the buck etc etc.
Seriously though - that torana I mentioned is worth the $50K because of the enormous effort and cost that went into it, rather than having a holden torana shell.
If you have watched some of the American TV programs that deal with top end car auctions you would notice the bidders for the restored cars are all cashed up older blokes.
Yes, it is 100% emotive, an attempt to fullfill a desire for a car that they couldn't afford in their youth.
As for the Torana, it may be worth $50K to the current owner, but has he put it up for auction?
Unless it is a top end Torana, preferably one that has done some hot laps of Bathurst or other race track in competition, or was/is owned by some motorsport legend, forget that price tag!
Example: http://v8sleuth.com.au/classifieds/?chassis=75
POA. Basically, if you have to ask for the price, you probably can't afford it!
AQUAR
19-06-2015, 10:05 AM
@ madmax
For sure that price hasn't been tested by what others are willing to pay for it.
Its the owner's estimate based on his knowledge of cars done up in that way.
Shannons are willing to insure the car for at least half that value based on just a photograph.
Presume more if they can inspect the car!
GoodOldJohno
19-06-2015, 02:10 PM
So its a upward $value attached to "human emotions" rather than practical, sensible, meaningfull, mitsu attributes like better finish, higher quality components, more features, progressive engineering, better bang for the buck etc etc.
Humans can be so fickle - practical when choosing a mitsu for a new car - but silenly hating it because its japanese and isn't going around circles on a race track like a souped up holden.
Who knew!!
Maybe if I drive my sigma on a race track (at 80K's of course!) it will appreciate in value!!!!
Seriously though - that torana I mentioned is worth the $50K because of the enormous effort and cost that went into it, rather than having a holden torana shell.
Would you honestly rather own a gen 1 Magna over a XB GS Coupe?
MadMax
19-06-2015, 02:20 PM
@ madmax
For sure that price hasn't been tested by what others are willing to pay for it.
Its the owner's estimate based on his knowledge of cars done up in that way.
The value depends entirely on the car's history, how original it is (and not a faker), who owned it before, has it done track work, and the quality of the workmanship. Not to mention Km and original engine, gearbox etc. And interest from buyers. Buyers in this area know their stuff and are exceedingly picky.
But if the owner says it is worth $50K, I'm not going to argue with him. lol
What I'm really trying to say, that if you start with the right car and restore it properly, you can make a big profit. Starting with the wrong car, a Datsun 120Y or a first gen Magna, and you would be wasting your time and money.
coldamus
21-06-2015, 05:42 PM
V3000 for sale on the Gold Coast, Queensland: http://www.ebay.com.au/itm/1989-Mitsubishi-V3000-SE-Excellent-Condition-Classic-Magna-Only-81km-/131535099232?pt=LH_DefaultDomain_15&hash=item1ea01a5560
Looks pretty good. Would love to change the grille to that of a TN or TP just to make it incognito.
magna buff
21-06-2015, 06:07 PM
$ 3000 hmm 81,000 km on the digi dash
the solicitors have done their homework alright
because its been brought over from NZ
looking up these V3000 in NZ they go for about $ 2000
coldamus
21-06-2015, 06:45 PM
Well, the price is "Buy it Now" or "Make Offer" and it seems to be in above average condition. Let a few moths out of your wallet, magna buff. Actually it is a bit expensive once you add rego but has been registered in Australia since 1998, so no compliance hassles to cope with. It would be cheaper and less risky than importing one personally.
magna buff
21-06-2015, 07:46 PM
I sent the link out to people who might want it
.it should go soon
AQUAR
21-06-2015, 09:36 PM
Would you honestly rather own a gen 1 Magna over a XB GS Coupe?
Neither!
I honestly would prefer a more reliable, safer, recent model car of any make.
As others have said "nostalgia" is for those with money to waste, and that ain't me.
If any of my car's become un-economical to own they will be dumped.
If it was a choice, and both were valued at their merit, I'd choose the gen 1 Magna.
I drive a gen 1 magna, its been trouble free and still perfectly fine to drive.
Doubt that an XB GS Coupe without expensive repairs along the way, would fare as well.
But I do appreciate the effort and skill that goes into fixing these kind of car's.
To each their own especially if its a hobby interest.
I look forward to having a ride in that torana - as a passenger!!
dennystone 12
22-06-2015, 04:36 AM
Very nice car, one for the people who like the early mits, that's me. not many like that in NZ, rust is the problem. I think these were built in Aust. and imported to NZ, correct me if I am wrong. The TN or TP wagons were imported into NZ because the first model V3000 didn't come as a wagon
magna buff
22-06-2015, 06:50 AM
yep they should have built more wagons
the V3000 also was a police car how about that !
the V3000 1998 -1992
https://en.wikipedia.org/wiki/Mitsubishi_V3000
magna buff
22-06-2015, 12:26 PM
$800ono or swap for 6x4 or 7x5 trailer
SOLD
magna buff
22-06-2015, 12:37 PM
https://en.wikipedia.org/wiki/Toyota_Camry#V10_.281982.E2.80.931986.29
the toyota camrys 2 ltr
3.2 V10 (1982–1986)
3.3 V20 (1986–1990)
* Nissan pintara are rwd based off the skyline to compete with the magna
two spark plugs per cylinder
https://en.wikipedia.org/?title=Nissan_Pintara
dennystone 12
25-06-2015, 10:13 AM
$800ono or swap for 6x4 or 7x5 trailer
http://www.gumtree.com.au/s-ad/mount-barker/cars-vans-utes/mitsubishi-magna-tp/1081986035
The yellow one looks good, too bad it's not 5 speed EFI
magna buff
08-07-2015, 05:35 PM
complete running wagon with tail gate rust
$450 neg is the first realistic asking price I have seen in years
Sold
dennystone 12
14-07-2015, 04:32 AM
The V3000 still for sale
magna buff
14-07-2015, 01:19 PM
they are still asking 3000 unregistered .....
relisted on ebay
closed unsold
08 aug 2015 didnt sell
not relisted on ebay a third time
I would say its at an auction house-- now the rego ran out
magna buff
15-07-2015, 02:13 PM
auction ...just in reading 2 could become one with work
listing ended
that V3000 seller didnt want to drop $500 for a sale so relisted ..phftt......one front ender and its a write off
Teehee. I've got something that's worthwhile coming guys. ;)
And it's here and on the road for less than a grand. No, it's not my Legnum.
magna buff
08-08-2015, 06:39 AM
its not a wagin
I contacted this seller --
his reply was
gearbox good -clutch master the problem
Sold
hey Gav nice to see you posting in first gens forum
MadMax
08-08-2015, 08:56 AM
they are still asking 3000 unregistered .....
It's amazing what people think the old Mitsu iron is worth, seeing my local car yard has a TW wagon with 180,000 km on it for $2,999 . . . . and it has been there for a while, tempting me. lol
coldamus
08-08-2015, 02:34 PM
Magna buff,
There's a manual trans. wagon for sale in NSW near Newcastle. It is an Executive, so could be either carby or efi though efi is more likely. Seems to have Elante 15" wheels. It's about 250kms from me but I've ruled it out as I can no longer afford rego & ctp insurance on 2 cars.
http://www.gumtree.com.au/s-ad/waratah/cars-vans-utes/1991-mitsubishi-magna-wagon/1086012056
AQUAR
08-08-2015, 03:12 PM
Buffy,
You twisted my brain and now I could not resist to take a peek at that Ebay listing for a $2000 Sigma.
A real bargain for sure --- if it was priced like that 24 years ago!
I have hope that one day I will be joined in the sigma sub forum by another proud sigma owner.
It's a lonely owners group of 1 there!!!!!
Just as well I have a 1st gen and a 2nd gen to keep me from becoming a recluse.
Three roadworthy, drivable cars - one driver - talking about redundancy - and all for a net worth of under $6000 (more you think ????).
One good thing about really old cars, is that comprehensive insurance is cheap cheap (like about $150).
magna buff
09-08-2015, 02:37 AM
kind of why i started this listing
first gens are strictly DIY cars -
with parts supply dwindling - a parts car is well worth having
there is no doubt the prices of
all three generations of magnas value as complete cars are dropping off quickly
but not for their parts costs
yes Aqua I thought of you when I saw that sigma wagon for $2000 as auction - in VIC- ebay = nice
magna buff
16-08-2015, 07:57 PM
tp-elite-wagon- SA $1500
they stripped the paint off the mags
the dent on the rear door is hard to fix
Gone
ACT GLX wagon ==POA
Gone
coldamus
17-08-2015, 06:56 PM
If that Elite wagon was in NSW, I'd make an offer on it. Those are TN mags. They look better than TP mags anyway but I'd want to confirm the car really is a TP.
There's a rather battered manual trans TP GLX on eBay for $160. It is at Mudgee. Almost worth the price just for the 14" SE mags on it.
http://www.ebay.com.au/itm/1989-MITSUBISHI-GLX-MAGNA-/131578597763?hash=item1ea2b21183
dennystone 12
05-09-2015, 05:06 AM
A V3000 for sale on Trade Me, looks good 74,600Km a bid of $1900 at the moment
magna buff
05-09-2015, 05:13 PM
it is ok to put the cars link in your post
found this odd car for $1200 NZ .... now sold
[url]http://www.trademe.co.nz/motors/used-cars/mitsubishi/
what does M O T..really mean .
dennystone 12
06-09-2015, 05:21 AM
Ministry of Transport car, looks quite rough, I see the low mileage one is still there.
coldamus
06-09-2015, 06:13 AM
Here's a wagon for you, Magna Buff. http://www.gumtree.com.au/s-ad/carlton/cars-vans-utes/1990-mitsubishi-magna-wagon/1087829574
It's the best looking one I've seen in NSW for quite a while. He says it smokes sometimes but it probably only needs valve stem seals. The kms are low so engine shouldn't be worn. I'd love it but too many other expenses at the moment.
magna buff
06-09-2015, 06:32 AM
a Carby auto
with SE mags
the black v3000 m o t sold quickly
dennystone 12
06-09-2015, 08:11 AM
Here's a wagon for you, Magna Buff. http://www.gumtree.com.au/s-ad/carlton/cars-vans-utes/1990-mitsubishi-magna-wagon/1087829574
It's the best looking one I've seen in NSW for quite a while. He says it smokes sometimes but it probably only needs valve stem seals. The kms are low so engine shouldn't be worn. I'd love it but too many other expenses at the moment.
Carb or EFI?
coldamus
06-09-2015, 12:40 PM
Carb or EFI?
I can't tell for sure but magna buff said carby, presumably because the advert stated GLX. The rear pic. actually shows an Executive badge. Adverts on Gumtree have some info.filled in by default and the default for "variant" is GLX.
If I remember correctly, glx had carby engine and manual trans as standard but efi and auto were optional at extra cost as were air cond and power steer. Executives came standard as efi with auto trans, aircond, power steer and electric mirrors but carby engine and/or manual trans were optional. I have both a carby executive and efi executive myself. Therefore it could be either but I think efi is more likely. Best way to tell is to get the vin number.
dennystone 12
07-09-2015, 08:20 AM
I thought they may stopped putting carbs on the TP, my TN GLX is EFI 5 Speed
magna buff
17-10-2015, 12:21 PM
only a few GLX caby sedans at "tell him he's dreaming " prices
the castle
https://www.youtube.com/watch?v=dik_wnOE4dk
AQUAR
17-10-2015, 07:17 PM
Best Aussie movie ever!
magna buff
21-11-2015, 04:30 PM
I havent seen a safari close up
its an executive badge really
$175.then dropped to 85 . now $120 for a new old stock headlight
http://www.gumtree.com.au/s-ad/langwarrin/other-parts-accessories/mitzubishi-magna-rh-front-headlight-tm-tn-tp-1991/1093951754
coldamus
21-11-2015, 05:09 PM
I havent seen a safari close up
its an executive badge really
$650 for a running first gen wagon yet.some one else asks . $175.. for a new old stock headlight
I haven't seen one either but they seemed to be popular in Qld. $650 is a good price.
There's a nice TP Elite sedan in Sydney for $1,400 with 6 months rego. http://www.gumtree.com.au/s-ad/yagoona/cars-vans-utes/1990-mitsubishi-magna-elite-lond-rego-may-2016/1093976042
AQUAR
21-11-2015, 06:07 PM
Currently driving my TP station wagon.
You'd have to offer a lot more than $1,400 before I would part with mine.
Drives great and wagon's are very handy to transport larger things.
Very little trouble with it - just water pump, half moon seal oil leak and water leaks around the rear air vents.
Aircon accessory belt is hard to slip onto the pulley due to insufficient clearance in engine bay.
Also has an inappropriate down shift to first gear when stopping (clunks occasionaly!).
Thirsty beast though 7.5 km/l
magna buff
03-01-2016, 05:26 PM
typical wholesaler ..just up the highway from me
an Elante with all the Elante bits stripped off .......asking $750 for it as is
the full body kit and the correct mags were probably sold for profit
cant believe the km reading 93232
now just a exec TP auto sedan
Elante for sale as is
this was carcycles collection of elante
http://www.aussiemagna.com/forums/showthread.php?p=696401#poststop
Magnut
29-03-2016, 07:38 PM
I have a TP Elite with 63,000Km on it. The car I always wanted! Needs a little bit of minor work. So hard to find good parts that aren't a million miles away! Thinking I might have to just get a panel beater to straighten the nose cone, it's not bent too much.
So, there are some of us still around, I drive mine around Canberra, but I keep it as my second car.
magna buff
25-04-2016, 06:12 AM
nice silver respray with digi dash and a manual
one door inners is white paint
http://www.gumtree.com.au/s-ad/seaton/cars-vans-utes/1990-mitsubishi-magna-se-wagon-tp/1109315183
dennystone 12
25-04-2016, 06:28 AM
Not a 1st Gen, aV3000 on Trademe wanting $8500 looks nice but not for that amount
KJ-6G75
25-04-2016, 08:45 AM
nice silver respray with digi dash and a manual
one door inners is white paint
I don't think the inside of that door is white. It looks like the silver reflecting in a different light.
Just checked the number plate and it lists the original colour as silver:
Plate Number: VEO015
Make: MITSUBISHI
Body Type: STATION WAGON
Primary Colour: SILVER
dennystone 12
26-04-2016, 04:17 AM
nice silver respray with digi dash and a manual
one door inners is white paint
http://www.gumtree.com.au/s-ad/seaton/cars-vans-utes/1990-mitsubishi-magna-se-wagon-tp/1109315183
Looks good, like the blue interior And it looks clean. Could be EFI
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