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Fartgalen

4,388 posts

76 months

[news] 
Tuesday 1st May 2012 quote quote all
I don't think there's be a "YKYWT" where I really have "wanted to" confused

rtz62

367 posts

24 months

[news] 
Tuesday 1st May 2012 quote quote all
To me it would be like marrying a retired pornstar; got the looks, but the important parts are well worn, baggy and saggy, and has had more p&@#%$s in it than a second hand dartboard.

pthelazyjourno

1,253 posts

38 months

[news] 
Tuesday 1st May 2012 quote quote all
rtz62 said:
To me it would be like marrying a retired pornstar; got the looks, but the important parts are well worn, baggy and saggy, and has had more p&@#%$s in it than a second hand dartboard.
What makes a car feel worn, baggy and saggy?

Bushes? Dampers? Steering rack? Ball joints? Bearings? Anti roll bar bushes?

The majority of these things will not get changed on a Ford Mondeo, for instance, unless it fails an MOT for something. So when you drive one at 150,000 miles, it can feel like a shed.

On a car like a Caterham, they get replaced as and when they're needed.

And if all the parts are new, you **cannot** tell that it's done mega mileage.

Unless somebody has bent the chassis, there's nothing to give it away there - you can't suddenly **feel** that a car has high mileage if all the parts have been replaced.

So it's a pointless prejudice.

dingocooke

478 posts

89 months

[news] 
Tuesday 1st May 2012 quote quote all
Perfect buy for somebody who wants a Caterham to race; it has to be quite a sorted bit of kit, and a lot of expensive parts there; nothing a good enthusiast refurb wont sort too; cheap racing? Probably. Road car; a litle more challenging; I'm guessing if it was easy to register caterham would do it and it would be worth more pennies straight off the BAT (pun intended)

k-ink

4,628 posts

48 months

[news] 
Tuesday 1st May 2012 quote quote all
JB! said:
If its worth 6k in bits it's worth 6k whole.
The man speaks some logic! Personally I think north of 6k is fairy land. But what do I know? Afterall some muppet recently paid £35000 for a fivers worth of rusty mini. I guess you only need one mental case.
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J4CKO

7,408 posts

69 months

[news] 
Tuesday 1st May 2012 quote quote all
I think applying road car valuation techniques is not applicable here, potentially a car like this might not have a mileometer, I dont think all competition cars do do they ?

Obviously this has had some serious use but if you didnt know the mileage and were buying on condition and how it drove then thats how you would base your decision.

I am not biggin it up and perhaps ten grand is a bit ambitious but am sure a sensible bid would be considered, cant imagine four grand will come off the asking price though, how much do comparable ones with low miles go for ?

What would you go for a 70k miler needing some components changing or one thats had it all done, assuming this is in tip top condition .

MrMoonyMan

1,871 posts

80 months

[news] 
Tuesday 1st May 2012 quote quote all
As the owner of a two year old Westfield this thread has been quite the eye opener..

Sir_Dave

695 posts

79 months

[news] 
Tuesday 1st May 2012 quote quote all
Personally, when a car gets looked after properly, like this clearly has, mileage isnt so much of an issue.

My track car is a '55 plate clio Trophy with ...


It was however, an utter bargain, which im not sure the Caterham is.




Boonster

35 posts

71 months

[news] 
Tuesday 1st May 2012 quote quote all
Yeah great stuff, people telling you Renaults are not good for high miles, what do they know! Oh by the way your service light is on!

wemorgan

364 posts

47 months

[news] 
Tuesday 1st May 2012 quote quote all
pthelazyjourno said:
Why would you need a completely powertrain overhaul, and why should the seller fund that for you?

According to what's been said in the comments, it's already seen an engine refresh. According to BaT website, it's only a 135bhp K anyway, so it's not actually a frail engine anyway.

Edited by pthelazyjourno on Tuesday 1st May 16:07
It's not about needing the powertrain overhaul the moment the car is bought, but at 150k it's on the cards and thus its value, is dictated by this.

If it is only a standard k-series, then the value is even more diminished. These engines are very cheap second-hand, almost give-away @ 150k mileage.

Maybe the car is worth ~£10k to someone, but the fact there is a debate happening shows it's highly contentious.

ArosaMike

727 posts

80 months

[news] 
Tuesday 1st May 2012 quote quote all
Whilst it is a lot of money for a car with such high mileage, it's very difficult to value it really. You'll really struggle to find any Caterham for under 10k and if you do, it's likely to be 15-20 Years old.

Now if you think about it, considering the serious lack of rust protection on a Caterham chassis...which is the better deal? A 20 year old, Vauxhall engined road car with 20,000 miles on it, or a 6 year old, well maintained track car with 150,000 miles on it? One has likely been driven a few times a year, still has original hubs, bushes, dampers, gearbox oil (!) and has sat in a damp British garage half its life....the other has never been driven on the road, has been left wanting for nothing, has a modern well maintained engine and has had it's gearbox, diff and engine rebuilt on more than one ocassion.

The closest car I can find to BaT 10 is this - A 7,500 mile K-Series car from '06 and it's £5k more. Now I know it's hardly done any miles, but I doubt it's had an engine rebuild, damper rebuild, gearbox rebuild or new anything in that time. Nothing against the seller of that car, I'm sure it is in excellent condition, but it won't have had the mechanical attention that a track car gets.

I'm sure whoever does end up buying it will buy it to use on track. And if that's what it ends up doing, it will be an excellent purchase! Any track Caterham, even with high milage, is still a great car.

Edited by ArosaMike on Tuesday 1st May 18:49

jonnyleroux

1,291 posts

129 months

[news] 
Tuesday 1st May 2012 quote quote all
wemorgan said:
If it is only a standard k-series, then the value is even more diminished. These engines are very cheap second-hand, almost give-away @ 150k mileage.
Just to dispell this particular mistruth. The 135bhp K-series "supersport" engine from the Superlight is a long way from being a straight swap from a Rover 216. It's a ground-up rebuild with forged pistons and Caterham supersport cams. We had to build a similar engine for another of the BaT cats at the tail end of last year and the total bill was the wrong side of £3K.

Jonny
BaT


jbi

5,301 posts

73 months

[news] 
Tuesday 1st May 2012 quote quote all
jonnyleroux said:
wemorgan said:
If it is only a standard k-series, then the value is even more diminished. These engines are very cheap second-hand, almost give-away @ 150k mileage.
Just to dispell this particular mistruth. The 135bhp K-series "supersport" engine from the Superlight is a long way from being a straight swap from a Rover 216. It's a ground-up rebuild with forged pistons and Caterham supersport cams. We had to build a similar engine for another of the BaT cats at the tail end of last year and the total bill was the wrong side of £3K.

Jonny
BaT
so buy a donor motor, swap in the forged parts and throw away the shagged rest of the engine.

Of course this depends upon the individuals mechanical skills.

wemorgan

364 posts

47 months

[news] 
Tuesday 1st May 2012 quote quote all
jonnyleroux said:
Just to dispell this particular mistruth. The 135bhp K-series "supersport" engine from the Superlight is a long way from being a straight swap from a Rover 216. It's a ground-up rebuild with forged pistons and Caterham supersport cams. We had to build a similar engine for another of the BaT cats at the tail end of last year and the total bill was the wrong side of £3K.

Jonny
BaT
Thanks for the clarification - the thread is getting rather fragment and the full details of the car hard to find.

It may sound like I'm back peddling, maybe I am, but suitable replacement engines in the 130-150bhp range are still not difficult to find even if they are not full supersport specification.

The truth being, as mentioned before, any prospective buyer needs to contact you to get the full specification and maintenance records to understand the value of this car.

k-ink

4,628 posts

48 months

[news] 
Tuesday 1st May 2012 quote quote all
Am I missing something? £3000+ for 135bhp engine? There must be so many ultra cheap engines pushing out way more power than this off the shelf? Why waste time tuning up such a low power engine? I'm sure it is nice and light, but still.

jonnyleroux

1,291 posts

129 months

[news] 
Tuesday 1st May 2012 quote quote all
k-ink said:
Am I missing something? £3000+ for 135bhp engine? There must be so many ultra cheap engines pushing out way more power than this off the shelf? Why waste time tuning up such a low power engine? I'm sure it is nice and light, but still.
We've fallen into that seductive trap of sticking a cheap engine into the car before. We're selling a reasonably expensive service here at >£500 per day for the Caterham hire. If we use crap/cheap engines of unknown history/condition, all we do is increase the chance of failure. For £3K we have a known new/good engine which should last 6-12 months without needing a rebuild or giving us any downtime.

The record for a st engine was <50 miles from installation to failure - that was an expensive and annoying exercise for both BaT and the client who'd hired it for those 50 miles.

Jonny
BaT

Reardy Mister

11,041 posts

91 months

[news] 
Tuesday 1st May 2012 quote quote all
Jaysus wept.

What is the 5 pages worth here? Its one car that has what, 5 major areas of importance to worry about? Check them out. If they look/sound/feel ok, lay down what you feel it's worth and see what the seller says.

This is rapidly heading down the path of a witch hunt, which is unwarranted. Jonny shouldnt be defending himself here, he should at MOST be answering geniune enquiries about spec and condition. And if the PH rules as I understand them are to be observed (they're more "guidelines"), that should be done via PM.

So many wannabee Quentin Wilsons who have no intention of buying it anyway. Did BaT even asked for it be broadcast as front page news?



Edited by Reardy Mister on Tuesday 1st May 19:45

jonnyleroux

1,291 posts

129 months

[news] 
Tuesday 1st May 2012 quote quote all
Reardy Mister said:
Did BaT even asked for it be broadcast as front page news?
No - first I knew about the PH article was when we had an email from someone wanting to buy it.

This release has come from the Caterham marketing department who thought a press release was appropriate given the exceptional history of the car. We agreed and thought it would make interesting reading. It is certainly not intended as an advert to sell the car and neither is the car even ready for sale currently.

One thing that's fascinating is the wide range of opinions voiced on here. I personally think new Audis are a horrific waste of money, but I don't go searching on forums to slag off anyone stupid enough to buy one, because I concede there is a market for the car - even if I don't fall into that market.

Jonny
BaT


ArosaMike

727 posts

80 months

[news] 
Tuesday 1st May 2012 quote quote all
Reardy Mister said:
Jaysus wept.

What is the 5 pages worth here? Its one car that has what, 5 major areas of importance to worry about? Check them out. If they look/sound/feel ok, lay down what you feel it's worth and see what the seller says.

This is rapidly heading down the path of a witch hunt, which is unwarranted. Jonny shouldnt be defending himself here, he should at MOST be answering geniune enquiries about spec and condition. And if the PH rules as I understand them are to be observed (they're more "guidelines"), that should be done via PM.

So many wannabee Quentin Wilsons who have no intention of buying it anyway. Did BaT even asked for it be broadcast as front page news?



Edited by Reardy Mister on Tuesday 1st May 19:45
+1

RMac

309 posts

90 months

[news] 
Tuesday 1st May 2012 quote quote all
ArosaMike said:
This would be a really good buy for someone who just wants a reasonably cheap track car. Who cares the chassis's done 150k miles? You can guarantee nothing else has! The engine will have undoubtably been rebuilt many times, as will the gearbox, and things like discs, pads and bearings will have been replaced when required.

It's not exactly like parts are expensive either! A front wheel bearing is £30 for the kit, dics from Caterham are £30 each and you could probably get the whole thing resprayed for a few hundred.

Caterhams are really not like a normal road car when it comes to durability. There's nothing in them to start with, so the only things that wear out are things that can be easily replaced.
It will have ap's which means disc are nearly £300 a pair.
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