toyota hi lux MK3 the next classic or just a work truck
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An old truck it may be but they are great. We had a petrol one at work that just would not die! Doughnuts in the snow, towing lorries etc. Awesome bit of machinery and never gave a seconds bother until the brake master cylinder gave up the ghost.
Not sure on the values these days but when we sold ours, prices were mental! It was a Cat c, not very tidy and we got £2500 for it. "Upgraded" to a later diesel now(D4D) and it's nowhere near as good. Still good, just not in the same league as our old wreck!
Not sure on the values these days but when we sold ours, prices were mental! It was a Cat c, not very tidy and we got £2500 for it. "Upgraded" to a later diesel now(D4D) and it's nowhere near as good. Still good, just not in the same league as our old wreck!
The strange economics of the UK secondhand car market means that most modern cars now reach a point where their value drops below that of replacement of some major component such as a cat, egr valve, ecu, electronic handbrake, or even a set of tyres and at that point, most cars are scrapped the first time something major goes wrong and don't ever reach the point where age and rarity starts to increase the value again to a point that it is worth repairing them.
There are a few situations where this is avoided:
1)Where the car is 'special' and rare enough to always have a value.
2)Where the car is tough enough not to require any major expenditure during the 'low value' phase.
3)Where the car has an intrinsic value due to it's ongoing functionality that won't drop below a certain level.
4)Where the car is generally owned by the type of owner who has different economic values from the norm and will never throw anything away.
5)Where the car inspires an emotional attachment which overcomes common sense.
Your Hilux ticks several of these boxes so yes, it will probably become a classic. You've possibly inspired me to spend a bit on my old pickup to get keep it going a few years more and hopefully get over that economic hump that may or may not kill it off.
There are a few situations where this is avoided:
1)Where the car is 'special' and rare enough to always have a value.
2)Where the car is tough enough not to require any major expenditure during the 'low value' phase.
3)Where the car has an intrinsic value due to it's ongoing functionality that won't drop below a certain level.
4)Where the car is generally owned by the type of owner who has different economic values from the norm and will never throw anything away.
5)Where the car inspires an emotional attachment which overcomes common sense.
Your Hilux ticks several of these boxes so yes, it will probably become a classic. You've possibly inspired me to spend a bit on my old pickup to get keep it going a few years more and hopefully get over that economic hump that may or may not kill it off.
I have one! It used to belong to my Dad (RIP). Recently stumbled across it at a local 4x4 specialist, so immediately bought it back and gave it a good dose of TLC. Brilliant, brilliant things.
Before...
During...
After
Mechanicals were all fine. Just a brake refurb and replaced plunger and contacts in starter motor (common problem). Oh, and got the classic LCD clock working again. I also replaced the aftermarket stereo with an original AM/FM radio
I'll never part with it.
Before...
During...
After
Mechanicals were all fine. Just a brake refurb and replaced plunger and contacts in starter motor (common problem). Oh, and got the classic LCD clock working again. I also replaced the aftermarket stereo with an original AM/FM radio
I'll never part with it.
Edited by Stig on Thursday 19th May 18:04
leginigel said:
That's in nice condition Stig,do you use it.I live about 5 miles from my yard and love going across county,I pick up logs for my log burner and go down the café but after a new 4x4 it a bit hard to park and even harder on my back,just about right for a classic !!!!
I do indeed. Trip runs, picking up building materials - the usual workhorse stuff really, but it's relatively low miles and hasn't had a massively hard life so far hence the condition.Keeping it that way is more of a challenge though
vanordinaire said:
The strange economics of the UK secondhand car market means that most modern cars now reach a point where their value drops below that of replacement of some major component such as a cat, egr valve, ecu, electronic handbrake, or even a set of tyres and at that point, most cars are scrapped the first time something major goes wrong and don't ever reach the point where age and rarity starts to increase the value again to a point that it is worth repairing them.
There are a few situations where this is avoided:
1)Where the car is 'special' and rare enough to always have a value.
2)Where the car is tough enough not to require any major expenditure during the 'low value' phase.
3)Where the car has an intrinsic value due to it's ongoing functionality that won't drop below a certain level.
4)Where the car is generally owned by the type of owner who has different economic values from the norm and will never throw anything away.
5)Where the car inspires an emotional attachment which overcomes common sense.
Your Hilux ticks several of these boxes so yes, it will probably become a classic. You've possibly inspired me to spend a bit on my old pickup to get keep it going a few years more and hopefully get over that economic hump that may or may not kill it off.
Ref: Land Rover Defender.There are a few situations where this is avoided:
1)Where the car is 'special' and rare enough to always have a value.
2)Where the car is tough enough not to require any major expenditure during the 'low value' phase.
3)Where the car has an intrinsic value due to it's ongoing functionality that won't drop below a certain level.
4)Where the car is generally owned by the type of owner who has different economic values from the norm and will never throw anything away.
5)Where the car inspires an emotional attachment which overcomes common sense.
Your Hilux ticks several of these boxes so yes, it will probably become a classic. You've possibly inspired me to spend a bit on my old pickup to get keep it going a few years more and hopefully get over that economic hump that may or may not kill it off.
Bit crap, but does a job, does it well and gets under your skin in a way that makes you never want to not have one.
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