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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Alfa Romeo 156 GTA Sedan
Valuation · Alfa Romeo · 932A · 2002-05

Alfa Romeo 156 GTA Sedan

3.2L NA Busso V6 · 184 kW / 300 Nm · 6sp manual · FWD
CONSIDERRated within the under $30k band · 20 of 46 at this money
Research estimate
$21,000
Must gain each year to break even
+22.1%
The projection does not clear it, and nor does most of the library.
CarQuant score
46/100
Scored against the under $30k band, not the whole library
Evidence grade
Asks only
Advertisements only; an ask is not a transaction
$21,000
$13,796 lowhigh $31,246
Asking prices only, no recorded sale
Australian asking prices near $24,000. 14 international lots, 71% clearing
Measured across this library, a value with no Australian result behind it runs high about seven times in ten, by a median of ten per cent. Read this one as a ceiling rather than a midpoint.

Looking at a 156 GTA for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$21,000
At about 55,000 km. Enter an asking price to compare.

No Australian sale stands behind this value, so treat the figure as indicative.

We will not sell a report on this car. The check above stays free.

Price history

Today $21,000 · modelled median at five years $22,390
Solid line: the value this library has carriedDashed from 2026: modelled · even money $17,870 to $27,048
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($13,796 to $31,246). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

A defensible case with reservations. Scores 46/100, ranking 20 of 46 in the under $30k band. Scarcity is the strongest input, liquidity the weakest.
Running it costs about $6,650 a year (31.7% of value), which is what the economics score measures. All in, including the projected value change, it is $6,680 a year.
The model's five year median is $22,390, a +6.6% move, with the tenth percentile at $13,796.
Value is research, not a measurement. Treat the level as indicative and the structure as the analysis.
Evidence
Asks only0 recorded sales
Off its peak
at peak
Value band
wide
An external source, but no itemised transactions. Indicative only.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$6,680 a year all in, +6.6% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$21,000

Recorded sales

Every recorded observation, and when
2 rows on record
$24k$22k$20k
20262027
the value this record published, year by yearnow $21kasking
Every row, with its price and note (2) ↓
2026ASK$24,000Asking
ASKING. 2002, 150,000km, private VIC. A listing, not a transaction
2026ASK$24,000Asking
ASKING. 2003, 160,000km, private QLD. A listing, not a transaction
0 completed Australian sales of 2 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the under $30k band median
46 cars in band · ink tick marks the median
Ownership economics30% of total
46/100+11
Scarcity25% of total
77/100+36
Demand durability20% of total
46/100-10
Liquidity15% of total
12/100-47
Risk resilience10% of total
22/100-15
Sub-scores run 0-100 before weighting; the weighted total is 46/100. Medians are computed live from the 46 cars currently in the under $30k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
46/100
Baseline78 pts
− 31.7% of value a year to run-32 pts
Sub-score (baseline plus drivers, clamped 0-100)46 pts
Scarcity25% weight
77/100
Baseline55 pts
+ Around 2,973 built worldwide, a small fraction reaching Australia+14 pts
+ The last naturally aspirated Busso V6 in a compact Alfa saloon+8 pts
Sub-score (baseline plus drivers, clamped 0-100)77 pts
Demand durability20% weight
46/100
Baseline40 pts
+ A cult following built on the Busso engine note and the manual gearbox+12 pts
− Sedan body limits appeal against coupes of the same era-6 pts
Sub-score (baseline plus drivers, clamped 0-100)46 pts
Liquidity15% weight
12/100
Baseline20 pts
− No Australian auction record at all-10 pts
+ 71% international clearance across 14 lots+2 pts
Sub-score (baseline plus drivers, clamped 0-100)12 pts
Risk resilience10% weight
22/100
Baseline40 pts
− Timing belt every three to four years, and a costly job when due-10 pts
− Variator, suspension bushes and electrical faults are common, and parts supply is thinning-8 pts
Sub-score (baseline plus drivers, clamped 0-100)22 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 2,500 km a year

Annual cost of access, excl. fuel
$6,650a year
Share of value per year
31.7%
Scheduled servicing$2,20033%
Tyres, annualised$75011%
Registration and CTP$80012%
Insurance$1,30020%
Sinking fund (failure table)$1,60024%
All-in annualised (a different number)
Purchase (model value plus duty)$21,840
Running costs × 5 years$33,250
Median exit, net of selling cost$21,690
All-in annualised over 5 years$6,680/yr
Share of value per year31.8%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
22.1%a year, only to get the money back
This library projects
+1.3%a year
The projection falls 20.8 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$21,000
Stamp duty$840
Running costs x 5 years$33,250
Selling cost at exit, 3.3% of the salescales with price
Sale price needed at +5 years$56,990
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine3.2L NA Busso V6
Power / torque184 kW / 300 Nm
0-100 km/h6.3 s
Transmission6sp manual
DriveFWD
Kerb weight1,410 kg
Built worldwide2,973
Delivered to Australia130
Effective AU survivors100
Australian sales / year12
Typical days on market90 days
Launch price$79,950

What moves the price on this model

Colour hierarchy
Rosso Miro pearlescent+8%
Nuvola blue+5%
Silver0%
Options
Manual over Selespeed+10%
Unmodified 3.2 Busso+6%
Odometer sensitivity±2.2% per 10,000 km vs 55,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$22,390
+6.6% on today
The model's figure. Today it is $21,000.
Even odds it lands between $17,870 and $27,048.
$13,796 lowhigh $31,246
The shaded range is even money and 51% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A stronger five year outlook than 51% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: +$1,390 across five years.
Running costs over the same period: $33,250.
Duty and expected selling costs: $1,540.
Net cost of five years of ownership: $33,400, or $6,680 a year.
The projected value rise offsets part of the running cost. It does not make the car free to own.

The case for and against

The case for

The 3.2 Busso V6 is the last of a celebrated engine family and this is the sharpest saloon it was fitted to, with a manual gearbox and a Q2 limited-slip differential that transforms the front end. Around 2,973 were built and very few reached Australia officially, so a good manual example is genuinely hard to find here.

The case against

Running costs are brutal relative to value at 33.8 per cent of the car a year, dominated by a timing belt service costing several thousand dollars every three to four years. There is no Australian auction record for the model at all, so the value rests on asking prices, and internationally the same car sells for roughly half the Australian level. Parts supply for Busso-specific components is thinning.

Known faults and risks

Risk 1Timing belt and variator service costs
Risk 2Front suspension bush and control arm wear
Risk 3Thinning parts supply for Busso V6 components
Risk 4Selespeed cars are markedly less desirable
Timing belt, water pump and variator$3,800
Front lower control arms$1,200
Q2 differential retrofit if absent$2,600

Similar cars, and what they cost to run

Evidence behind this valueAsks only · 0 recorded sales
Carried value
$21,000
Historical price
2016 · $18,0002026 · $21,000
Asks only
An external source, but no itemised transactions. Indicative only.
Australian evidence

Asking prices only, no auction result. Private sellers were asking $24,900 in Victoria for a 146,000km manual with the Q2 limited-slip differential and full history, and $24,000 in Queensland for a 160,000km Rosso Miro car that had already taken a deposit. A third Victorian car, an Auto Italia class winner, was listed without a published price. Those are asks rather than transactions, and no 156 GTA has come to Australian auction, so this is the weakest grade of evidence in the library.

Read the rest of the evidence notes (2 more)
International context

Fourteen lots and 71 per cent clearing. Eight British sedans sold unconverted between GBP4,760 and GBP9,450, median near GBP7,263. Australia values this car at roughly double the British level, which is the same shape the S2000, Integra Type R and R35 GT-R show between those two markets. One British result at GBP24,467 in July 2023 was 2.9 times its contemporaries and is set aside; nothing else in the record comes near it and the catalogue gives no reason for the gap. No direction is claimed - fourteen lots across eight years cannot support one.

Production and delivery figures are estimates

Alfa Romeo did not publish definitive GTA numbers, and the Australian delivery count is inferred rather than sourced. Several Australian cars are private imports from Britain rather than local deliveries, so the local population is larger than the delivery figure suggests - one of the listings above says so explicitly.

What we will not sell you
We will not price a Alfa Romeo 156 GTA against an advertisement.

No Australian transaction stands behind this value. A spec-adjusted figure built on it would look precise and would not be, so the report is refused instead of sold with a caveat. That goes for this car and 87 others. Everything above is free and stays free.

Read a real listing report
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Alfa Romeo 156 GTA Sedan, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

Free. One address, one model, and no account.