RE: Spotted: Ford Sierra RS500 Cosworth

RE: Spotted: Ford Sierra RS500 Cosworth

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Discussion

Baryonyx

18,006 posts

160 months

Tuesday 2nd October 2012
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DanDC5 said:
Why are all old Fords so over-priced? Are blue over 'enthusiasts' really just stupid?
This one is currently very steeply valued. But in general, £40,000 has been a good target for RS500's in decent condition these days. I don't think most Ford enthusiasts are paying that much, but speculators obviously are who will be looking to add them to collections and flog them later for even more. And no-one will ever do the same for a DC5...


And as for the person who mentioned the Monte Carlo in the Cosworth Graveyard...



A sad, sad fate. A colleague of mine currently has a Monte Carlo. He used it as a daily driver for nearly three years. It's off the road now some catastrophic engine trouble, sadly. I wonder what the story behind this graveyard is, it's all very strange.


Great article though, I do love a nice Sierra Cosworth. The Sapphire and the RS 4x4 were the ones I wanted. Came close to buying one last year before deciding it would be wholly impractical and then shelving the idea. But still my favourite car of all time.

Porkie

2,378 posts

242 months

Tuesday 2nd October 2012
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Surely the graveyard is just a foreign specialist RS cosworth breakers yard?

Runs the business from his forest house?

TheShadow

2,650 posts

247 months

Tuesday 2nd October 2012
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Porkie said:
Hello mate smile
Thanks for the input mate, you still fight their corner even though they are now part of your past. Hard things to get out of the blood these shonky old Sierras.


TheShadow

2,650 posts

247 months

Tuesday 2nd October 2012
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Mavican said:
My Dad has had a black RS500 since new and I told him I'd disown him if he got rid of it. He didn't know how much they were worth now anyway until I sent him to the pistonheads classifieds. He passed away recently, and I wouldn't get rid of it even if you paid me 70K because to me it will remind me of him aways.

I still haven't driven it, and yeah it might not be the best drive I'll ever have, but it will mean the most to me.

Just got to find somewhere to store it now.

Sorry to hear of your loss.

Head over to the RS500 owners website when you have the time, a very friendly bunch

http://rs500owners.com/index.php

Best to email Paul the registrar direct as well if you would like to sign up, as he has a lot of spammers trying to join, so has to vet any new members.


and its always good to have a chat with Darren, the Database owners as well - a total RS500 nut and long term enthusiast

http://www.rs500cosworth.com/

Edited by TheShadow on Tuesday 2nd October 17:27

DHE

4,523 posts

191 months

Tuesday 2nd October 2012
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555 Paul said:
There's no connection to the bonkers collection. The guy that owns this RS500 is called Paul and he also owns Y2K RS the white 3 door that was built out of new parts and registered in 2000. He got a lot of stick for that car too laugh
Any links showing Y2K RS?

TheShadow

2,650 posts

247 months

Tuesday 2nd October 2012
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oops -double post

Harry H

3,420 posts

157 months

Tuesday 2nd October 2012
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Not a fan of old Fords myself but there is a huge trend in the market for 80's stuff. Have a nose round some of the bike sites and look at what the sports mopeds and learner 250's (in their day) are going for. There's 30 year old 50cc mopeds going for over £5 grand, Mk1 Guzzi Le Mans for £15k, RD350's for well over £6k.

There's two main reasons for this. The 40-50 year olds are the main people with a bit of spare cash and the money they do have is earning bugger all in the bank.

So why not go and buy your first ever bike or the car in the poster that adorned your bedroom wall. In the back of your mind you know it'll never live up to the memory but you also know it's going to give a better return than having the cash sat in the bank. You can buy with your heart and your head. A bit of a no brainer really.

How long this trend will last who knows. Interest rates going up will halt it as will the youth of the 80's getting too old to drive/ ride. But for now it's going a bit mental.

The trick is to work out the iconic vehicles of the 90's that are todays junk and stick em in a barn some where. Get it wrong and you could end up with just a pile of rubbish. get it right and you could have a very nice nest egg.

I met a chap recently that bought a Laverda Jota for £2k a few years back. Saw the way the market was going and quickly bought another 10. They're easily fetching £15k each now.


Edited by Harry H on Tuesday 2nd October 17:29

s m

23,278 posts

204 months

Tuesday 2nd October 2012
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Robmarriott said:
I might be alone here but even at the 'right' price, I don't see the attraction.
.
Sounds like they're just not for you which is fine. Other people don't 'get' E30 M3s, 964RS' etc etc and can't understand the prices they command - it would be dull if everyone followed the same addiction.

Personally, if I won lottery millions I'd have one of these, an E30 M3 Evolution Sport, a Merc 190 Evolution 2, 964RS, GT2 RS, F40 in my garage long before an Aventador or Veyron or Radical or Mac F1. Probably the era I grew up plus personal preference

onemorelap

691 posts

232 months

Tuesday 2nd October 2012
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It’s the classic car thing moving on to include a further generation to my mind.

For those of us who were bombing round in the 80’s in Golf GTI’s, R5 Turbos, 205 GTI’s and anything else that was deemed worthy of a hot hatch badge, Cosworths and E30 m3’s were the daddies of the day with the BTCC coverage only adding to this reputation.

To me Rouse, Soper , Sytner, Weaver etc were just as big a name as Mansell or Senna at the time.
Additionally there was Jimmy McRae and Russell Brookes going at it on the rally stages.
Anyone remember Marc Duez on the IOM in the Prodrive M3? Epic……..

I really don’t think you can ignore the link between Motorsport and the road car equivalent for cars such as these.
Prices for the right type of road going equivalent Mk1 / Mk2 Escorts went the same way a few years ago when they became a firm feature of historic rallying with the 70’s and early 80’s generation playing at Roger Clark.

Similarly we are starting to see a strong surge in high end historic racing with more and more M3’s / Cosworth surfacing (at last!!) so why would the road car equivalents not start increasing in price similarly??

Motorsport aside twenty ish years later and some from the 80’s generation are in a fortunate enough position to realise that long held ambition from their youth.
It’s an odd thing but the fact that a car that was, by comparison to exotica, mass produced, then over time disappeared in large numbers leaving only a relative few “mint” standard examples has a distinct draw about it.
I suppose it’s an attainable thing. Back in the day an F40 was the dream but the Cosworth / M3 was an attainable dream for the man in the street.
To that end it still is but price is reflective of condition and rarity.

The road car wouldn’t specifically interest me but if I was in a fortunate enough position I wouldn’t baulk at £100k plus to be able to go and play at being Rouse or Soper in a GPA Cosworth or M3.

As a result I can very much see excellent and rarer model Imprezas and Evo’s prices going the same way over the coming years.



Gooly

965 posts

149 months

Tuesday 2nd October 2012
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Rare US muscle (big block barracudas, chargers, etc) go for 100k+ USD, 60s ferraris go for millions, Lancia 037s and other rally legends go for huge amounts, so why does a homologation version of a touring car legend get so much stick? It's priced that way because that's how much it's worth to quite a few people. People criticising why these "old blue ovals" go for so much are akin to people asking why you would go on a website to talk about tin boxes which just get you from a to b, or why would you go for a drive just for the sake of it, why do you spend so much time/money on what is just a transport appliance, or why don't you buy a new diesel s-line audi on finance. If you don't get it, fine, but don't criticse those who do.

It's like walking into the "stupid things non-petrolheads say" thread.

Baryonyx

18,006 posts

160 months

Tuesday 2nd October 2012
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Porkie said:
Surely the graveyard is just a foreign specialist RS cosworth breakers yard?

Runs the business from his forest house?
It doesn't look like many of the cars have been broken though. Sitting there with all bodywork still attached and such. Unless they were stripped for mechanical parts before getting panels became a problem. Now the stuff like a bit of bumper trim or a front splitter can command big money and you wouldn't just leave them to get mossy in a field!

TheShadow

2,650 posts

247 months

Tuesday 2nd October 2012
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Some sound posts now being made, different things float different peoples boats. 80s nostalgia is very big at the moment, whether it be an old bike as mentioned or an F40, they have all had significant rises even during a major recession, no doubt it will level off, but wont ever head backwards.

Stu R

21,410 posts

216 months

Tuesday 2nd October 2012
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Price aside, I still love a good RS500 cloud9

Robmarriott

2,641 posts

159 months

Tuesday 2nd October 2012
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onemorelap said:
The road car wouldn’t specifically interest me but if I was in a fortunate enough position I wouldn’t baulk at £100k plus to be able to go and play at being Rouse or Soper in a GPA Cosworth or M3.
I think that's the rub for me, it's so painfully close to being authentic BTCC car money.

It's a beautiful car, don't get me wrong, and I do see why some people would want one, I just think I'd rather find the extra money and spend the time going over the car with a fine tooth comb looking for 909 part numbers.

7DWM

24 posts

151 months

Tuesday 2nd October 2012
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Anyone remember Marc Duez on the IOM in the Prodrive M3? Epic……..





[/quote]
Was it not Patrick Snijers? Absolutely stunning drive!
http://www.youtube.com/watch?v=-mwh06GwQPI

Pugland53

574 posts

171 months

Tuesday 2nd October 2012
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TheShadow said:
Only just spotted this thread.

Thank you to all the positive people :-)

All a bit academic as the car is now back in storage, and the adverts deleted a few weeks ago as its no longer for sale this year.

When the offer of 62K was made in the summer the asking price was best offer over 75K so quite a difference. I revised it down a month later given the current economic climate, until it went back into storage.

To all the doubters and people who think its ok to call people they dont know fools or idiots here you go :-

http://offer.ebay.co.uk/ws/eBayISAPI.dll?ViewBidsL...

As you can see the ebay muppets had a bid as well. Hope that helps you sleep a bit better now.

I did vet the highest bidder and he was a chap from Aus and proved to me he had the money, he also had to budget on top of the bid price for circa 35% extras to cover import duties, but as I was seeking far more than his best bid I didnt follow it up. The underbidder was also very keen and has since bought another I believe.

In order to value a rare desirable item, first find another equal or better example, and then try to find it cheaper. You wont, the good ones are selling for 50k plus and have been for some time. The best known moonstone example has had an unsolicited offer of 70k rejected. These are all facts gents, not guestimates from internet warriors saying no one pays these kind of sums for old Sierras, when in fact they do.

The cars never really properly been for sale, as I dont need to sell it, lots of people though have asked me whats it worth so I thought I would test the market. Like anything it has a price and that was mine. If you want the best thats what its going to cost you.

Its an appreciating asset that I love owning, and thats what it would have taken for me to part with it.

The RS500s have only followed the trend that most other rare modern classic from the 80s have also gone through.

In the Ford world ask an enthusiast what car they would really like to own and a low miles original condition RS500 in moonstone blue is nearly always mentioned. How many are currently for sale ? none

If they dont float your boat not a problem. I notice though that not one person has actually slated the car or its condition.

If anyone has any genuine questions I am happy to answer them





Edited by TheShadow on Tuesday 2nd October 16:23
Beautiful car, I would certainly buy it if i won the lottery.

The number looks familiar, has the car ever 'lived' in Swansea?




anything fast

983 posts

165 months

Tuesday 2nd October 2012
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So many trolls on here! Every time there is fast ford thread idiots come on here slagging them off..

More fool you! This car may not be wortn 60K plus but bearing in mind its rarity and pedigree it is worth not at all far off that.

If money was no object I would have this in may garage above many an exotic. It is a piece of history, a true Icon. To those who dont understand let me explain. This car turned the BTTC on its head. They actually banned Turbo cars (after it dominated) as the RS500 destroyed the competition. In fact even over 10 years after its death it was was kicking the arse of Nissan Skylines in the Australian Touring car championship (look it up!)

So please stop hating. Just accept there is a rampant devoted fan club of these cars and many people would sell a limb to own such an amazing example. I would bet good money in 20 years time this very car would easily command a 100k +


Baryonyx

18,006 posts

160 months

Tuesday 2nd October 2012
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This is the car that really did turn the touring car on it's head. It made mincemeat of the competition, and I remember cries that the constant Ford on Ford racing at the top of the tables would be boring. It was anything but; the glory days of touring car racing around the world.

I recall it even pasted the E30 M3 in the DTM forcing a rule change from the red-faced Germans to make it less competitive. Without digging out my Cosworth book, can anyone remember that scenario?

anything fast

983 posts

165 months

Tuesday 2nd October 2012
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blade7 said:
I offered someone £19k for a black 500 back in 1990 so £30k for a good one today isn't a huge increase, the guy turned £19k down so I bought a standard 3 door I kept for 13 years. On the original 204 bhp and 205 tyres I wouldn't exactly call them drivers cars, and the laggier 500 was hard work. 20+ years ago the attraction was the extra power it was easy to get from the engine. It was nice to have owned one but a good 944 turbo would run rings round it.
try tuning a 944 Turbo, wind up the boost, foot down, pop bang they think its all over.. it is now!

that was the attraction to the cosworth, even the basic cosworth was good for 300 odd BHP with no issues (other than the tool behind the wheel) just a mild fettle.

Roop

6,012 posts

285 months

Tuesday 2nd October 2012
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blade7 said:
Roop said:
As for comparisons with other cars, this is futile in the majority of cases, save for perhaps equiavlent metal.
If this was in response to my 944 turbo comment the limited edition 944 turbo S was sold in 1988, whilst there were more than 500 I haven't seen any offered for over £20k. £65k for a road going RS500 only makes sense if money is no object or you have an interest in selling one.
No, unrelated. Not seen that post.

Of course it makes sense - to the person that wants a top RS500.