Real Value of a 350i Convertible
Discussion
Currently have my 350i Convertible up for sale in the usual places and there has been a lot of interest. But I was just wondering what it's real value is.
It has a good chassis and is very presentable, had loads of refurbishment work done and is ready to go. It really needs nothing.
What do you think the current realistic market value is? I know they are not the most sought after but I like them. It is just time for a change!!!
It has a good chassis and is very presentable, had loads of refurbishment work done and is ready to go. It really needs nothing.
What do you think the current realistic market value is? I know they are not the most sought after but I like them. It is just time for a change!!!
I've been wondering for a while whether the onset of 'Historic' status might impact Wedge values, or at least generate more interest in ownership. But I haven't read anything anywhere to confirm that and at least a third of production must now be eligible, maybe even pushing 50%.
Trouble is, there have been an awful lot of cars built since the 1980s, many of which would be perceived to be 'better' in so many ways (by the man in the street, let's say) and can be bought for not a lot of cash.
My car was in the region of £23,000 new, when you could buy a Sierra Cosworth for about £17K. So you really had to want the Wedge.
That is still true now, but the values have switched and I bet you wouldn't get much Cosworth if any for the value of a typical Wedge.
It's an odd thing; you can have too much rarity. I'd venture to suggest that the majority of surviving Tasmin variants still wallow in the sub-£10K bracket, with a total production of about 2500 cars.
Yet the DeLorean, which 'most people' think of as not a very good car, still fetches £50K+ on a production run of over 9000 with probably more survivors than all Wedge production combined. You'd have thought by now the film association would carry less weight, but clearly 'not a very good car' is not reason enough for people not to buy them. If only the same logic applied to the TVRs...
I saw a tidy 350i on Ebay or AutoTrader for about £6250 last week - as well as Tasmin No. 2 which has been garaged for decades!
After 26 years I'd probably think I was doing well if I got my money back for the 390SE (ignoring what's been spent on it); I don't buy cars or bikes with a view to making money. Ultimately though, transport is only worth what someone's prepared to pay for it.
Trouble is, there have been an awful lot of cars built since the 1980s, many of which would be perceived to be 'better' in so many ways (by the man in the street, let's say) and can be bought for not a lot of cash.
My car was in the region of £23,000 new, when you could buy a Sierra Cosworth for about £17K. So you really had to want the Wedge.
That is still true now, but the values have switched and I bet you wouldn't get much Cosworth if any for the value of a typical Wedge.
It's an odd thing; you can have too much rarity. I'd venture to suggest that the majority of surviving Tasmin variants still wallow in the sub-£10K bracket, with a total production of about 2500 cars.
Yet the DeLorean, which 'most people' think of as not a very good car, still fetches £50K+ on a production run of over 9000 with probably more survivors than all Wedge production combined. You'd have thought by now the film association would carry less weight, but clearly 'not a very good car' is not reason enough for people not to buy them. If only the same logic applied to the TVRs...
I saw a tidy 350i on Ebay or AutoTrader for about £6250 last week - as well as Tasmin No. 2 which has been garaged for decades!
After 26 years I'd probably think I was doing well if I got my money back for the 390SE (ignoring what's been spent on it); I don't buy cars or bikes with a view to making money. Ultimately though, transport is only worth what someone's prepared to pay for it.
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