Ford Capri sells for £66k

[Milkyway]

That’s going to take some beating.
Beat the previous record for a Capri by £11K.
(Give or take £125).

https://www.thisismoney.co.uk/money/cars/article-1...

Edited by Milkyway on Sunday 19th June 10:32

[MightyBadger]

Worth every penny, what beauty.

[Milkyway]

Looks like it had good provenance too.
(The auction is on Wheeler Dealer website.. Mike Brewer was there)

Walk around;
https://www.dailymail.co.uk/video/moneycardsloansh...

Edited by Milkyway on Sunday 19th June 10:57

[Wacky Racer]

Silly money, but if someone is prepared to pay it....A rare example.

I had four new Capris between 1976 and 1979, one each year, wish I still had my old 3.0S.

[MightyBadger]

Really do think it’s a fair price for this one.

[the tribester]

and not just a Capri.

[s m]

Wacky Racer said:

Silly money, but if someone is prepared to pay it....A rare example.

I had four new Capris between 1976 and 1979, one each year, wish I still had my old 3.0S.

Not bad at 20k in today’s world for a 6-cylinder manual sports coupe

That RS3100 looks pretty good at 60k compared to some of the stuff going for 10 times more

[GAjon]

Nice piece of history, if it’s what it says it is.

Shame the article couldn’t get the history correct though.
The 3.1 was built to allow Ford to build an engine over 3 litres,. It was little more than a 60 thou over bore.
The race car was 3.4 GA.

The RS3.1s were a sales flop they didn’t sell well .

[mikemike39]

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

[ZX10R NIN]

I feel like that's pretty sensible money for that car.

[Plinth]

mikemike39 said:

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

New price, including all taxes: £2512 (from “Motor” magazine, April 1974)
£19,232 in today’s money (from BoE inflation calculator)

[P. ONeill]

ZX10R NIN said:

I feel like that's pretty sensible money for that car.

I can’t get my head around this at all. It’s a Ford Capri.

But it isn’t my money, if the buyer is happy then who am I to argue.

I get the feeling this bubble is about to burst.

[Milkyway]

Plinth said:

mikemike39 said:

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

New price, including all taxes: £2512 (from “Motor” magazine, April 1974)
£19,232 in today’s money (from BoE inflation calculator)

Good day at the office then
As a comparison... sort of.
I bought my cooking Calibra for 15K in 1990... over 30k today.
So... the Capri would be a bargain @ 19K.

[s m]

Milkyway said:

Plinth said:

mikemike39 said:

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

New price, including all taxes: £2512 (from “Motor” magazine, April 1974)
£19,232 in today’s money (from BoE inflation calculator)

Good day at the office then
As a comparison... sort of.
I bought my cooking Calibra for 15K in 1990... over 30k today.
So... the Capri would be a bargain @ 19K.

Yes, Wacky Racer’s ordinary 3-litre would be 19k now ( inflation’s up ) so doesn’t seem bad for a rumbly V6 cafe-racer.

[ingenieur]

P. ONeill said:

ZX10R NIN said:

I feel like that's pretty sensible money for that car.

I can’t get my head around this at all. It’s a Ford Capri.

But it isn’t my money, if the buyer is happy then who am I to argue.

I get the feeling this bubble is about to burst.

Truth be told, very few classic cars are as well developed or better developed in any way compared to modern counterparts. So that's not where the value is.

The value must be in things that can't be produced in a factory in 2022. So designs that are unsafe and inefficient but more beautiful than ones which are. There's also the nostalgia of owning something you either had or aspired to owning.

As for bubbles, I don't think so. These are assets and while their value might waver a bit from year to year they are going to generally increase in value provided they are kept in good condition and don't have a hundred thousand miles added to the odometer.

[Plinth]

s m said:

Milkyway said:

Plinth said:

mikemike39 said:

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

New price, including all taxes: £2512 (from “Motor” magazine, April 1974)
£19,232 in today’s money (from BoE inflation calculator)

Good day at the office then
As a comparison... sort of.
I bought my cooking Calibra for 15K in 1990... over 30k today.
So... the Capri would be a bargain @ 19K.

Yes, Wacky Racer’s ordinary 3-litre would be 19k now ( inflation’s up ) so doesn’t seem bad for a rumbly V6 cafe-racer.

The Capri did seem to get a bit more expensive over time….

3000GT XLR : £1,427 (Oct 1969) = £16,743

3000S (Mk2) : £2,987 (Nov 1976) = £16,254

3000S (Mk3) : £4,593 (Aug 1978) = £20,269

2.8i : £7,995 (June 1981) = £24,889

Brooklands 280 : £11,999 (May 1987) = £28,029

[s m]

P. ONeill said:

I get the feeling this bubble is about to burst.

It’s been about to burst for the last 15 years according to people on here…

Someone will be right one day

Meanwhile old cars continue to sell for lots of money and people are shocked, amazed and ‘don’t get it??? ‘

[cologne2792]

Plinth said:

s m said:

Milkyway said:

Plinth said:

mikemike39 said:

Just out of curiosity I followed this up and it did indeed sell yesterday 18th June for £74,250 including auction fees

https://www.classiccarauctions.co.uk/cca032-lot-48...

New price, including all taxes: £2512 (from “Motor” magazine, April 1974)
£19,232 in today’s money (from BoE inflation calculator)

Good day at the office then
As a comparison... sort of.
I bought my cooking Calibra for 15K in 1990... over 30k today.
So... the Capri would be a bargain @ 19K.

Yes, Wacky Racer’s ordinary 3-litre would be 19k now ( inflation’s up ) so doesn’t seem bad for a rumbly V6 cafe-racer.

The Capri did seem to get a bit more expensive over time….

3000GT XLR : £1,427 (Oct 1969) = £16,743

3000S (Mk2) : £2,987 (Nov 1976) = £16,254

3000S (Mk3) : £4,593 (Aug 1978) = £20,269

2.8i : £7,995 (June 1981) = £24,889

Brooklands 280 : £11,999 (May 1987) = £28,029

The 280 was a bit of a sales disaster as Ford insisted on selling them for £2,000 more than the Injection Special with only a different colour, a bit more leather and some bendy wheels.
Most people just carried on buying the Special and the 280 only really shifted when Ford knocked £2k off the asking price.

Final Capris were built in December 86 but hung around a long time. The last registered (so far) is a 91 'J' that pops up from time to time.

[DodgyGeezer]

presumably got a 'private plate' on it? Owned since 1972 but it's a P reg

[liner33]

DodgyGeezer said:

presumably got a 'private plate' on it? Owned since 1972 but it's a P reg

Its explained in the article if you read it