Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

Pacman1978

394 posts

102 months

Monday 26th September 2016
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Thread topic is not something I am at all familiar with. How long has this ludicrous trend been brewing for? emperors new clothes springs to mind! Is the proverbial bubble going to burst anytime soon?

oilspill

649 posts

192 months

Tuesday 27th September 2016
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Pacman1978 said:
Thread topic is not something I am at all familiar with. How long has this ludicrous trend been brewing for? emperors new clothes springs to mind! Is the proverbial bubble going to burst anytime soon?
part of it is the 30 year nostalgia cycle. I cant see many cars in the 90s I or others will be Nostalgic for though . The 80s was an interesting time with bikes and cars, massive progress between the late 70s and early 90s. . Bike design peaked around 1990. and of course we' ended up at the point where manufactures had no choice to jump in on the action with the retro themed cars, but even that's become over saturated now.

Devil2575

13,400 posts

187 months

Tuesday 27th September 2016
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oilspill said:
part of it is the 30 year nostalgia cycle. I cant see many cars in the 90s I or others will be Nostalgic for though . The 80s was an interesting time with bikes and cars, massive progress between the late 70s and early 90s. . Bike design peaked around 1990. and of course we' ended up at the point where manufactures had no choice to jump in on the action with the retro themed cars, but even that's become over saturated now.
I don't know, I've been listening to views from BMW enthusiasts for a lot of years and it was always the E30 that was the pinnacle of 3 series design. Then it becamse the E36 and now I've heard more than once that the E46 was the last proper 3 series and the high point. I suspect in a few years time it will become the E90.

Individual nostalgia seems to be tied to age and what cars were around in your youth.


Jimmy Recard

17,540 posts

178 months

Tuesday 27th September 2016
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oilspill said:
part of it is the 30 year nostalgia cycle. I cant see many cars in the 90s I or others will be Nostalgic for though . The 80s was an interesting time with bikes and cars, massive progress between the late 70s and early 90s. . Bike design peaked around 1990. and of course we' ended up at the point where manufactures had no choice to jump in on the action with the retro themed cars, but even that's become over saturated now.
Yep. A lot of it is people who were kids in the '80s and loved these cars are now part of the generation with money to spend.

It'll happen to 1990s cars too. There was plenty of progress in the '90s too! I think that '90s Toyota Supras are going to hit serious prices at some point - I've no idea where they are at the moment to be honest. Stuff like Escort RS Cosworths aren't exactly cheap. E36 and E46 M3s will get up there I think too. A good, unmodified Evo VI must be a rarity with potential to climb.

Guvernator

13,104 posts

164 months

Tuesday 27th September 2016
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90's cars have already gone up. Try picking up anything from that era which has a modicum of kudos attached it to it for normal money now.

Squirrelofwoe

3,181 posts

175 months

Tuesday 27th September 2016
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MDMA . said:
http://eastlancashireclassics.com/vehicle.php?id=5...

was thinking that's ok for 1575.00

be good drop a red top in ! smile
s m said:
Jimmy Recard said:
I like that Astra and it's rare but for that money? No way in hell
The recent praise as a driver's car and article in EVO magazine has probably prompted them to chance their arm so to speak
I actually thought that low mileage/restored Mk1 Astra GTE didn't seem too bad in the context of some of the stuff in this thread.

The price was at least a lot closer to what I was expecting than for a lot of other stuff posted here- notably the £35k Imprezza & £20k 106,000 E30 mentioned recently! rotate

Still about £10k more than I'd want to pay for one mind hehe

s m

23,164 posts

202 months

Tuesday 27th September 2016
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Squirrelofwoe said:
MDMA . said:
http://eastlancashireclassics.com/vehicle.php?id=5...

was thinking that's ok for 1575.00

be good drop a red top in ! smile
s m said:
Jimmy Recard said:
I like that Astra and it's rare but for that money? No way in hell
The recent praise as a driver's car and article in EVO magazine has probably prompted them to chance their arm so to speak
I actually thought that low mileage/restored Mk1 Astra GTE didn't seem too bad in the context of some of the stuff in this thread.

The price was at least a lot closer to what I was expecting than for a lot of other stuff posted here- notably the £35k Imprezza & £20k 106,000 E30 mentioned recently! rotate

Still about £10k more than I'd want to pay for one mind hehe
It would have to be a genuine redtop for me........plus I'd have to have a fair amount of folding spare

hornetrider

63,161 posts

204 months

Tuesday 27th September 2016
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Jesus titty fking christ. Just browsing the bay of E, as you do. Came across this little beauty...









Now... I'm sure you can find it easily if you look, but guess where the bidding is. 5 hours to go.

swisstoni

16,850 posts

278 months

Tuesday 27th September 2016
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Has it been recovered from a lake?

oilspill

649 posts

192 months

Tuesday 27th September 2016
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Jimmy Recard said:
Yep. A lot of it is people who were kids in the '80s and loved these cars are now part of the generation with money to spend.

It'll happen to 1990s cars too. There was plenty of progress in the '90s too! I think that '90s Toyota Supras are going to hit serious prices at some point - I've no idea where they are at the moment to be honest. Stuff like Escort RS Cosworths aren't exactly cheap. E36 and E46 M3s will get up there I think too. A good, unmodified Evo VI must be a rarity with potential to climb.
I figured a long time ago some of the cheap BMs would still have appeal in the future, also had mates who started moth balling Sierra Cossies well before I could accept they'd increase

but the most surprising are the £50 quid jobs in the early 80s (MK1 Escorts) or the Capris, XR3is, GTEs that you had to give away in the late 90s. Saxo VT's ?

oilspill

649 posts

192 months

Tuesday 27th September 2016
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Jimmy Recard said:
I like that Astra and it's rare but for that money? No way in hell
Anyone know what the restoration costs are for something like that Astra MK1 GTE?

Squirrelofwoe

3,181 posts

175 months

Tuesday 27th September 2016
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hornetrider said:
Now... I'm sure you can find it easily if you look, but guess where the bidding is. 5 hours to go.
yikes

20 mins to go and almost into 5 figures.

Stop the world, I want to get off.

bigkeeko

1,370 posts

142 months

Wednesday 28th September 2016
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How much did the rotten capri go for?

Escy

3,906 posts

148 months

Wednesday 28th September 2016
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Think it was 9600

DaveCWK

1,979 posts

173 months

Wednesday 28th September 2016
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Devil2575 said:
I'm not sure how you can say that given it's incredibly rare. If you want a car like that are you going to find another? 360bhp V12 with a manual box?
A red 850csi went for cicra £10k on eBay not that long ago. I think one with low miles & decent SH/ colour is a £20k car max.

Squirrelofwoe

3,181 posts

175 months

Wednesday 28th September 2016
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bigkeeko said:
How much did the rotten capri go for?
Escy said:
Think it was 9600
yes

The advert was refreshingly detailed and certainly made no secret of just how much work was required;

advert said:
So. The body. The main thing.
This is a honest professional description of just what is needed.
Please read and understand. I don't want this car to sell and the winner to arrive and then pull out as "it's worse than I thought". Syndrome.
Sorry to genuine perspective bidders. But, we all know the story. It happens.
Both front wings. Poss repair offside ( personally would replace ). Nearside. Picture tells the story. Definatley replace.
Near side inner wing, turret. As in pictures this is quite bad. However, lower inner wing area is actually very good. I would use a full top section of inner wing from a donor car to repair this. ( Mark and Darren at escort Tec are the boys to help there ).
Offside inner wing. Turret repair. Wing rail repair.
Headlamp bowls. Poss repairs ( I would replace )
Bonnet. Replace. It's rotten !!
Front panel. In fact it's very good. Been replaced before. Riveted to bottom so easy remove, blast clean and reuse.
Front chassis rails. Very very good. Can't see anything needed.
A-posts. Top section under scuttle where they go. No rust that I can see. Very good. Solid. Lower sections are behind the wings. I can't see them but from my experience usually require repairs or replacement. So maybe allow for this. ( I would )
Front floor to lower bulkhead sections to both sides. Need repairs ( usual )
Front floor stiffeners. Squashed by idiots with jacks !! Usual. Replace. They are available.
Floors. Overall very good and solid. May need a few bits along lower edges ( inner sill flange area )
Forward rear Spring hangers. Need repairs. ( panels are now available from various suppliers )
Outer sills. Appear very good. May need minor repairs to rear areas.
Inner sills. Unsure as have not removed any interior trim.
Rear wheel arches. Will both need full replacement. Repairs will be needed to inner arches ( outer wheel tubs )
Lower rear corners. Appear to be overall very good. Slight corrosion but new arches will take care of this.
Rear chassis legs. Appear solid and in good condition.
Rear lower valance. Rotten. Needs replacing.
Tailgate. Appears solid. Bit scabby. But will go again.
Doors. Very good with minor repair neede to lower rear corner on near side.
Roof......... Rusted behind hard panel. As in picture. Repair ? Yes, but make no mistake. Not an easy job. ( I would replace skin honestly )
Oh and the non-bodywork related stuff...

advert said:
Ok, so it's not on the road. It's got no viscous and no power steering so I can't test drive it.
That said I have been just down the road, turn round and straight back.
The engine runs fine. Good oil pressure. However. It's a bit of a pig to start and takes a while before it revs. It's just flat initially. It has sat around for some eight years untouched I think.
It's all there. All gears work. Brakes work ( although will need realistically a full overhaul )
It's got it's original LSD !
The exhaust as you'd expect is knackered.
The tyres. Look great. Loads of tread. But. They are old.
All the electrics work. Even the heater blower !!!! Both speeds. I'm amazed by this.
The radio. Standard. It works. The electric areal even works !
It's missing the hazard switch. Although all works as I borrowed another I had to test it.

Interior. As you can see in the pics. It's all there and correct. The drivers seat needs a new lower bolster foam.
I spoke to a trim guy and he said it could be re conolised. It's not ripped like most I've seen.
The dash crash top pad. It's shot !! As is the dash facia.
Windscreen is knackered. It's de laminated badly.

One key fits all locks ! In fact. I've only got one key.
No original locking petrol cap I'm afraid.
As I say, I love the advert (if every seller went to this level of detail the world would be a better place), but it really does show where the prices are for these if one with a just-about-running engine and essentially in need of a new shell is almost £10,000! Cripes.

As much as I would love a Brooklands, for me the ultimate Capri would be a mk3 with a V8 (preferably a TVR-sourced RV8). I've never properly looked into what would be involved in creating such a thing- just wistful day-dreaming so far, but are we approaching the point where building one of these (using say a 1.6/2.0 shell) might actually be cheaper than sourcing a half-decent condition Brooklands? scratchchin

Faust66

2,028 posts

164 months

Wednesday 28th September 2016
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The only reason I don't have a Capri 2.8 injection parked outside right now is price.

Decent 2.8s go for about 8k these days, with mint cars fetching a lot more. Don't get me wrong; I love Capris despite all their flaws, but when you look what else you can get for that sort of money it puts it all into perspective.

Brooklands/280 variants have always commanded a premium, but £9600 for a car that needs full restoration? And the bodywork WILL be a lot worse than expected once you start probing a bit. That said, spend 10-15k on restoration and you may well sell it for 30k these days so there is a profit to be made - if you're one of those people.

I was offered a tidy Brookie from a dealer for 3 grand a few years back but turned it down….ah, sweet, sweet hindsight.

Guess I'll just have to stick with my Volvo Amazon for the time being - but I do miss the roar of a cologne V6.

s m

23,164 posts

202 months

Wednesday 28th September 2016
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Friends and me enjoy razzing about in our rubbish old cars, Fords et al

They probably make more sense to most on here at the prices we paid years ago
We're all quite bemused at the recent interest in them - don't think any of us bought expecting to
make any cash - just because we like driving them and modern cars aren't the same ( whether you think that's good or bad )

Pales into insignificance compared to old 911s of the same era - are they 10 times better to drive, can you have 10 times more fun in one? Not in my opinion but we've all got our own view




jamieduff1981

8,022 posts

139 months

Wednesday 28th September 2016
quotequote all
s m said:
Friends and me enjoy razzing about in our rubbish old cars, Fords et al

They probably make more sense to most on here at the prices we paid years ago
We're all quite bemused at the recent interest in them - don't think any of us bought expecting to
make any cash - just because we like driving them and modern cars aren't the same ( whether you think that's good or bad )

Pales into insignificance compared to old 911s of the same era - are they 10 times better to drive, can you have 10 times more fun in one? Not in my opinion but we've all got our own view



That's lovely. I've always wanted a Capri smile

Hainey

4,381 posts

199 months

Wednesday 28th September 2016
quotequote all
jamieduff1981 said:
s m said:
Friends and me enjoy razzing about in our rubbish old cars, Fords et al

They probably make more sense to most on here at the prices we paid years ago
We're all quite bemused at the recent interest in them - don't think any of us bought expecting to
make any cash - just because we like driving them and modern cars aren't the same ( whether you think that's good or bad )

Pales into insignificance compared to old 911s of the same era - are they 10 times better to drive, can you have 10 times more fun in one? Not in my opinion but we've all got our own view



That's lovely. I've always wanted a Capri smile
I was offered a mint low mileage, two owner (father and then son) Brooklands for £300 - the figure sticks in my head as it was the limit to what I could get out the cash machine.

Unfortunately it was 1993 and I said no frown