Seriously Overpriced Cars

[cmvtec]

Isn't it about time "that" V8 Volvo made a other appearance? Haven't seen it for a while.

[RowntreesCabana]

Pretty much any classic car in the classifieds these days.

[Squirrelofwoe]

s m said:

Chestrockwell said:

The Escort in that advert is probably worth 20 grand max, I haven’t clicked on the advert or anything so I don’t know what mileage it has but whatever it is, 20 grand is what it’s worth, maybe 30 if it’s got super low miles.

Here’s an easy 2 grand for you...

You buy the Escort Cosworth tomorrow “for what it’s worth” - you say £20k?

I’ll give you £22k for it on Sunday - sounds fair?

I’ll come and collect it at the weekend

I'll also take one for £22k please

[s m]

Squirrelofwoe said:

s m said:

Chestrockwell said:

The Escort in that advert is probably worth 20 grand max, I haven’t clicked on the advert or anything so I don’t know what mileage it has but whatever it is, 20 grand is what it’s worth, maybe 30 if it’s got super low miles.

Here’s an easy 2 grand for you...

You buy the Escort Cosworth tomorrow “for what it’s worth” - you say £20k?

I’ll give you £22k for it on Sunday - sounds fair?

I’ll come and collect it at the weekend

I'll also take one for £22k please

I asked first....


He might be able to get you this Delta for the same money instead? Twice the mileage though

Delta

[Chestrockwell]

s m said:

Squirrelofwoe said:

s m said:

Chestrockwell said:

The Escort in that advert is probably worth 20 grand max, I haven’t clicked on the advert or anything so I don’t know what mileage it has but whatever it is, 20 grand is what it’s worth, maybe 30 if it’s got super low miles.

Here’s an easy 2 grand for you...

You buy the Escort Cosworth tomorrow “for what it’s worth” - you say £20k?

I’ll give you £22k for it on Sunday - sounds fair?

I’ll come and collect it at the weekend

I'll also take one for £22k please

I asked first....


He might be able to get you this Delta for the same money instead? Twice the mileage though

Delta

So both of you think it’s worth £91,000 pounds? Come on that’s ridiculous, it’s an old Ford, 2.0 turbo, tone of lag, 200 bhp with an interior that can depress you, it’s not even remotely interesting, it’s a Ford Escort for god sake, even if you bought it for £91,000 (!!), you couldn’t even drive it, it’s all madness to me. Situations like these are subjective, cars, looks and appeal, however with that price, £91,000 for an old Escort, surely it becomes objective.

[Tom _M]

I saw an add for a 1998 Toyota Landcruiser for £6500, and had a look on Autotrader to see where that sat as thought it seemed kinda pricey. Was more surprised to see it wasn't actually too far off the mark. I know they have a reputation for being solid and things, but there's 20+ year old models on there for £5/6 grand. My shed motoring sees me looking at that kind of age of car, but not that kind of money! Why so pricey?

[Fast Bug]

To be fair there's not much Escort in them. I don't like them, nor do I think it's worth £90k. However to suggest it's only worth £20k is silly

[RicksAlfas]

Tom _M said:

I saw an add for a 1998 Toyota Landcruiser for £6500, and had a look on Autotrader to see where that sat as thought it seemed kinda pricey. Was more surprised to see it wasn't actually too far off the mark. I know they have a reputation for being solid and things, but there's 20+ year old models on there for £5/6 grand. My shed motoring sees me looking at that kind of age of car, but not that kind of money! Why so pricey?

The logic is that at 20 years old it's still got loads of life left in it and you are getting a big (many are 7 seaters) reliable car for reasonable money. If you look at the MOT history of some of them I don't think they are as bulletproof as the legend makes out.

[s m]

Chestrockwell said:

So both of you think it’s worth £91,000 pounds? Come on that’s ridiculous, it’s an old Ford, 2.0 turbo, tone of lag, 200 bhp with an interior that can depress you, it’s not even remotely interesting, it’s a Ford Escort for god sake, even if you bought it for £91,000 (!!), you couldn’t even drive it, it’s all madness to me. Situations like these are subjective, cars, looks and appeal, however with that price, £91,000 for an old Escort, surely it becomes objective.

There are lots of cars I don't think are worth the money - most old supercars for example or very old 911s at £250,000. It's irrelevant though as there are just enough buyers that do ...so occasionally one sells at that price or a collection of people bid for a car and 'determine' the value.

Would you pay £250,000 for a Mercedes 190 with a bodykit and 235bhp? I wouldn't. I would pay 15-20k though

Just because one person doesn't 'think' an item is worth the money doesn't mean that there aren't 10 others on the planet who will have a bidding war to buy it.

If the seller is desperate to see it he will lower the price until someone is attracted to buy it. But yes, follow the auctions and ads and you will find people do pay way more for stuff like Escorts, Deltas, Merc 190s, old 911s than you or I would

[Squirrelofwoe]

Chestrockwell said:

s m said:

Squirrelofwoe said:

s m said:

Chestrockwell said:

The Escort in that advert is probably worth 20 grand max, I haven’t clicked on the advert or anything so I don’t know what mileage it has but whatever it is, 20 grand is what it’s worth, maybe 30 if it’s got super low miles.

Here’s an easy 2 grand for you...

You buy the Escort Cosworth tomorrow “for what it’s worth” - you say £20k?

I’ll give you £22k for it on Sunday - sounds fair?

I’ll come and collect it at the weekend

I'll also take one for £22k please

I asked first....


He might be able to get you this Delta for the same money instead? Twice the mileage though

Delta

So both of you think it’s worth £91,000 pounds? Come on that’s ridiculous, it’s an old Ford, 2.0 turbo, tone of lag, 200 bhp with an interior that can depress you, it’s not even remotely interesting, it’s a Ford Escort for god sake, even if you bought it for £91,000 (!!), you couldn’t even drive it, it’s all madness to me. Situations like these are subjective, cars, looks and appeal, however with that price, £91,000 for an old Escort, surely it becomes objective.

In truth I've never been as much of a fan of the Escort as I am it's predecessors- I'd far rather a 3-door Sierra Cosworth

But as ever, something is worth what people are willing to pay. As a mode of transport it clearly isn't worth £90k more than a 1.6 Zetec escort of the same vintage, but that isn't how prices work for these kind of things.

On another scale, what kind of 'value' would you put on a Ferrari 250 GTO? To someone with no clue about it's history etc, viewed purely as a car to enjoy driving, it certainly wouldn't be £50M. £1M? Heck even £100,000 seems steep based on that criteria.

To some they are incredibly desirable objects, whose value transcends way beyond the sum of their material parts. In the same way that people who spend thousands on a piece of expensive artwork to decorate the walls of their house (IMO loonies) probably don't complain about the price relative to a roll of Homebase wallpaper...

[aaron_2000]

Squirrelofwoe said:

Chestrockwell said:

s m said:

Squirrelofwoe said:

s m said:

Chestrockwell said:

The Escort in that advert is probably worth 20 grand max, I haven’t clicked on the advert or anything so I don’t know what mileage it has but whatever it is, 20 grand is what it’s worth, maybe 30 if it’s got super low miles.

Here’s an easy 2 grand for you...

You buy the Escort Cosworth tomorrow “for what it’s worth” - you say £20k?

I’ll give you £22k for it on Sunday - sounds fair?

I’ll come and collect it at the weekend

I'll also take one for £22k please

I asked first....


He might be able to get you this Delta for the same money instead? Twice the mileage though

Delta

So both of you think it’s worth £91,000 pounds? Come on that’s ridiculous, it’s an old Ford, 2.0 turbo, tone of lag, 200 bhp with an interior that can depress you, it’s not even remotely interesting, it’s a Ford Escort for god sake, even if you bought it for £91,000 (!!), you couldn’t even drive it, it’s all madness to me. Situations like these are subjective, cars, looks and appeal, however with that price, £91,000 for an old Escort, surely it becomes objective.

In truth I've never been as much of a fan of the Escort as I am it's predecessors- I'd far rather a 3-door Sierra Cosworth

But as ever, something is worth what people are willing to pay. As a mode of transport it clearly isn't worth £90k more than a 1.6 Zetec escort of the same vintage, but that isn't how prices work for these kind of things.

On another scale, what kind of 'value' would you put on a Ferrari 250 GTO? To someone with no clue about it's history etc, viewed purely as a car to enjoy driving, it certainly wouldn't be £50M. £1M? Heck even £100,000 seems steep based on that criteria.

To some they are incredibly desirable objects, whose value transcends way beyond the sum of their material parts. In the same way that people who spend thousands on a piece of expensive artwork to decorate the walls of their house (IMO loonies) probably don't complain about the price relative to a roll of Homebase wallpaper...

I was gonna reply, but you and s m have put it perfectly.

[TommoAE86]

FIREBIRDC9 said:

I found yet another overpriced 200SX to go with the one i found before!

https://www.carandclassic.co.uk/car/C1068184

Is the 200SX really special enough to be worth 15k?




Even more daft when you a realise an R33 GTR isn't much more than that.

Edited by FIREBIRDC9 on Thursday 3rd January 23:46

I wouldn't want to buy one of the £20k GT-R's tbh, however I still agree with you. A R33 GTS-T is £7-£10k currently which would be a much better place to put my hard earned.

[Fermit and Sexy Sarah]

At least £10k overpriced, with the added negatives of having a Mansory kit, and LHD

https://www.autotrader.co.uk/classified/advert/201...

[krisdelta]

Fermit and Sexy Sarah said:

At least £10k overpriced, with the added negatives of having a Mansory kit, and LHD

https://www.autotrader.co.uk/classified/advert/201...

...and watermarked pictures from another dealer and not even in the country. Tough to value though, reasonable mileage, the Mansory kit is completely marmite - but might look the business being drifted around Leeds on a Friday night...

[Fermit and Sexy Sarah]

krisdelta said:

might look the business being drifted around Leeds on a Friday night...

If the viewer were 17. To me it looks like Nigel Havers in an Adidas track-suit.

[Chestrockwell]

Fermit and Sexy Sarah said:

At least £10k overpriced, with the added negatives of having a Mansory kit, and LHD

https://www.autotrader.co.uk/classified/advert/201...

Aston Martin really are pretty aren’t they, I mean, any body kit on any car could ruin it but I still think that Aston looks nice, take off the exhaust, remove that wrap, give it a nice paint job with the original rear lights and I still think it looks good.

40k? I don’t know a lot about Aston prices but I’m surprised you think it’s worth 10k less, sure it’s LHD but it’s still an Aston

[Fermit and Sexy Sarah]

Chestrockwell said:

Fermit and Sexy Sarah said:

At least £10k overpriced, with the added negatives of having a Mansory kit, and LHD

https://www.autotrader.co.uk/classified/advert/201...

Aston Martin really are pretty aren’t they, I mean, any body kit on any car could ruin it but I still think that Aston looks nice, take off the exhaust, remove that wrap, give it a nice paint job with the original rear lights and I still think it looks good.

40k? I don’t know a lot about Aston prices but I’m surprised you think it’s worth 10k less, sure it’s LHD but it’s still an Aston

6000 miles less, without all of the tat on it, and with the steering wheel on the correct side -

https://www.autotrader.co.uk/classified/advert/201...

Edit, just seen that one is a 2006 example, so this -

https://www.autotrader.co.uk/classified/advert/201...

Edited by Fermit and Sexy Sarah on Tuesday 8th January 12:28

[stugolf]

Hashtaggggg said:

BrettMRC said:

daydotz said:

Over priced & badly modified
http://www.autotrader.co.uk/classified/advert/2018...

£27k on the engine.....pull the other one!

18k on an exhaust

4k on carpets intrigued me more, when they just look like any other carpets

[epom]

stugolf said:

Hashtaggggg said:

BrettMRC said:

daydotz said:

Over priced & badly modified
http://www.autotrader.co.uk/classified/advert/2018...

£27k on the engine.....pull the other one!

18k on an exhaust

4k on carpets intrigued me more, when they just look like any other carpets

Do they match the curtain airbags ?

[Shnozz]

Fermit and Sexy Sarah said:

Chestrockwell said:

Fermit and Sexy Sarah said:

At least £10k overpriced, with the added negatives of having a Mansory kit, and LHD

https://www.autotrader.co.uk/classified/advert/201...

Aston Martin really are pretty aren’t they, I mean, any body kit on any car could ruin it but I still think that Aston looks nice, take off the exhaust, remove that wrap, give it a nice paint job with the original rear lights and I still think it looks good.

40k? I don’t know a lot about Aston prices but I’m surprised you think it’s worth 10k less, sure it’s LHD but it’s still an Aston

6000 miles less, without all of the tat on it, and with the steering wheel on the correct side -

https://www.autotrader.co.uk/classified/advert/201...

Edit, just seen that one is a 2006 example, so this -

https://www.autotrader.co.uk/classified/advert/201...

Edited by Fermit and Sexy Sarah on Tuesday 8th January 12:28

Not sure it qualifies as “seriously” overpriced mind. Sure, the body kit is an acquired taste, but it’s not a million miles adrift on price and if anyone is blind enough to think the body kit ‘adds’ to the car...

Wheel being on the left mind in fact add value at the minute with Sterling having taken such a massive battering. Would make this a v cheap Aston on the continent.