Seriously Overpriced Cars

Seriously Overpriced Cars

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Discussion

LetsTryAgain

2,904 posts

75 months

Sunday 26th July 2020
quotequote all
Does everyone know what Diana stands for?

Died
In
A
Nasty
Accident

CRA1G

6,589 posts

197 months

Sunday 26th July 2020
quotequote all
LetsTryAgain said:
Does everyone know what Diana stands for?

Died
In
A
Nasty
Accident
Accident....? hehe

Cledus Snow

2,093 posts

190 months

Sunday 26th July 2020
quotequote all
s m said:
Car_Nut said:
Very nice, maybe the best around, but £40k for a Mk1 Golf GTI? https://www.carandclassic.co.uk/car/C1241533.

Probably one day that will be the going rate, but not yet..
They’re at about 27k for the best at the moment
I don't think £40k is unreasonable for that if normal MK1 GTIs go for £27k. 1979 was the first year of RHD GTIs and it's done 17000 miles and is original and unrestored.

Cledus Snow

2,093 posts

190 months

Sunday 26th July 2020
quotequote all
Car_Nut said:
mike74 said:
Car_Nut said:
Very nice, maybe the best around, but £40k for a Mk1 Golf GTI? https://www.carandclassic.co.uk/car/C1241533.

Probably one day that will be the going rate, but not yet..
I don't really see why ''one day'' it would be worth that... surely 80's and 90's hot hatches are now at their peak desirability in terms of the generation who these cars mean anything to and can afford to pay the already insane bubble prices, I don't think in 10 or 20 years times there'll be millennials lusting after mk1 golfs, 205's etc
How come that Mk 1 Mini Cooper Ss are worth more than that then, having accelerated sharply in value over recent years? As I have said before, classic cars that are regarded as icons do not follow the same rules as the end of the market that is driven by nostalgia, for reasons that I am not going to repeat yet again. The Mk1 GTI is a nailed on icon that speculators will invest in, to sit unused in air conditioned storage.
Mk1 Mini cooper Ss are valuable as they're in demand for historic racing.

A1VDY

3,575 posts

129 months

Sunday 26th July 2020
quotequote all
Cledus Snow said:
Car_Nut said:
mike74 said:
Car_Nut said:
Very nice, maybe the best around, but £40k for a Mk1 Golf GTI? https://www.carandclassic.co.uk/car/C1241533.

Probably one day that will be the going rate, but not yet..
I don't really see why ''one day'' it would be worth that... surely 80's and 90's hot hatches are now at their peak desirability in terms of the generation who these cars mean anything to and can afford to pay the already insane bubble prices, I don't think in 10 or 20 years times there'll be millennials lusting after mk1 golfs, 205's etc
How come that Mk 1 Mini Cooper Ss are worth more than that then, having accelerated sharply in value over recent years? As I have said before, classic cars that are regarded as icons do not follow the same rules as the end of the market that is driven by nostalgia, for reasons that I am not going to repeat yet again. The Mk1 GTI is a nailed on icon that speculators will invest in, to sit unused in air conditioned storage.
Mk1 Mini cooper Ss are valuable as they're in demand for historic racing.
Theres more Mk1 Coopers now than ever produced in the first place. Most are reshelled with very dodgy ID..

LetsTryAgain

2,904 posts

75 months

Monday 27th July 2020
quotequote all
A1VDY said:
Theres more Mk1 Coopers now than ever produced in the first place
Is this a matter of fact?
(Not disputing, I genuinely don’t know either way but it’d be interesting if it was the case).

waynecyclist

8,992 posts

116 months

Monday 27th July 2020
quotequote all
LetsTryAgain said:
A1VDY said:
Theres more Mk1 Coopers now than ever produced in the first place
Is this a matter of fact?
(Not disputing, I genuinely don’t know either way but it’d be interesting if it was the case).
I have heard the same in regards to the Lotus Cortina mk1, always wondered if it was true.

Limpet

6,354 posts

163 months

Monday 27th July 2020
quotequote all
waynecyclist said:
LetsTryAgain said:
A1VDY said:
Theres more Mk1 Coopers now than ever produced in the first place
Is this a matter of fact?
(Not disputing, I genuinely don’t know either way but it’d be interesting if it was the case).
I have heard the same in regards to the Lotus Cortina mk1, always wondered if it was true.
I think the same is true for any model of car that has gone up significantly in value, as the work and expense needed to produce something that can pass for mint and original becomes worthwhile.

Take the Sierra Cosworth. 20 years ago, you'd struggle to find one that didn't have a chequered history, often involving being stolen and recovered at least once, bad modifications, or being built out of several other cars. Yet, today, every example that comes up for sale seems to be advertised as "mint and original". A good friend of mine bought a Sapphire in the early 00s, and it took him 8 months to find a car that wasn't a major project, or that didn't have a colourful history behind it.

I guess if you can sell a car for £30+k, spending £15k on a quality restoration of a tired old dog is a good investment, and I'm sure the end result is, in most cases, a decent car. I just always take the claims of being original and unmolested with a pinch of salt when I honestly don't believe there were as many examples of them years ago.

Edited by Limpet on Monday 27th July 10:40

glazbagun

14,300 posts

199 months

Monday 27th July 2020
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That is an expensive datsun! Did the rest all rust away? 😅

aaron_2000

5,407 posts

85 months

Monday 27th July 2020
quotequote all
waynecyclist said:
LetsTryAgain said:
A1VDY said:
Theres more Mk1 Coopers now than ever produced in the first place
Is this a matter of fact?
(Not disputing, I genuinely don’t know either way but it’d be interesting if it was the case).
I have heard the same in regards to the Lotus Cortina mk1, always wondered if it was true.
I think it is true with the Cortina

A1VDY

3,575 posts

129 months

Monday 27th July 2020
quotequote all
LetsTryAgain said:
A1VDY said:
Theres more Mk1 Coopers now than ever produced in the first place
Is this a matter of fact?
(Not disputing, I genuinely don’t know either way but it’d be interesting if it was the case).
To be honest, it's something I was told a couple of years ago from someone doing the club register. They offer a service to check out any potential purchase and more often than not most turn out to be non genuine cars.
Many years ago I bought Colin Chapmans Mk1 Lotus Cortina and at the time these were pretty hard to come by as most had rotted out or were worth very little. Now theyre everywhere, most being either 1200/1500 deluxe/super models or gt's 'converted'..


Jimmy Recard

17,540 posts

181 months

Monday 27th July 2020
quotequote all
s m said:
ReaperCushions said:
Have we had the $15k (and counting) Vauxhall Omega yet?

https://bringatrailer.com/listing/2001-cadillac-ca...


Ok ok, it’s the Caddy V8 version.. but still.. those interior plastics.
$15k for a 7 litre V8 4-door super saloon with a LSD and 6 speed box seems pretty appealing though

How much do those go for normally?
I don't like the wing vents or the steering wheel, but that is ace!

A1VDY

3,575 posts

129 months

Monday 27th July 2020
quotequote all
Jimmy Recard said:
s m said:
ReaperCushions said:
Have we had the $15k (and counting) Vauxhall Omega yet?

https://bringatrailer.com/listing/2001-cadillac-ca...


Ok ok, it’s the Caddy V8 version.. but still.. those interior plastics.
$15k for a 7 litre V8 4-door super saloon with a LSD and 6 speed box seems pretty appealing though

How much do those go for normally?
I don't like the wing vents or the steering wheel, but that is ace!
Fits in with the thread of overpriced but looks pretty immaculate. £3-£4k would be more realistic though..

Jimmy Recard

17,540 posts

181 months

Monday 27th July 2020
quotequote all
A1VDY said:
Fits in with the thread of overpriced but looks pretty immaculate. £3-£4k would be more realistic though..
It's an auction - that's what people are choosing to pay so I don't think it can be overpriced

Fun Bus

17,911 posts

220 months

Monday 27th July 2020
quotequote all
It sold for $26k. Or £20k.

Jimmy Recard

17,540 posts

181 months

Monday 27th July 2020
quotequote all
Fun Bus said:
It sold for $26k. Or £20k.
That's certainly more than I'd pay for it, but obviously someone chose to pay that so it's not overpriced

s m

23,306 posts

205 months

Monday 27th July 2020
quotequote all
Jimmy Recard said:
Fun Bus said:
It sold for $26k. Or £20k.
That's certainly more than I'd pay for it, but obviously someone chose to pay that so it's not overpriced
I thought it was a bit too cheap at $15k

Someone else thought so too by the look of it

DJ Jonatron

22 posts

80 months

Thursday 30th July 2020
quotequote all
There is a 2000 W210 E320 CDI listed for sale on Car and Classic has 55 thousand miles with a genuine AMG bodykit apparently, and 1 owner from new.

Here is the link.
https://www.carandclassic.co.uk/car/C1236517

He listed this car for sale around two years ago for 17995 with the fancy wheels, Now has it listed on Car and Classic for 13995 WITHOUT the 'only produced custom wheels in the world' -It would come with the standard AMG monoblocks If this is the case, why would he want to sell the car with them?

What bothers me is the fact that throughout the WHOLE 20 years, looking at the MOT history, there is not ONE single MOT advisory. That I find very suspicious of a 20 year old car, ESPECIALLY the W210 E Class. If you know you know. He doesn't even use it to be honest.
This guy has definitely used the same MOT garage over the years, by bribing them or something.

What also bothers me much is how it's not even a FULL spec E320 CDI, which If it was, i'd understand a little bit, but it's not!

It costs more than an average priced ACTUAL E55 AMG which is a MUCH more special car. - If you know you know.
You would buy this car spending at least 13k for people to look and think, WOW, that's a really clean E55 when in reality, It's a 3.2L turbo diesel engine.

The seller really seems to have a stick up his ass or something, and thinks that we are in like 2008 or something.

Judging by his description of the advert he seems like a very stuck up and greedy person, and his description kind of deters people from buying:

'Please keep your opinions about the car and the price to yourself!' - He knows it's grossly overpriced.

'If your genuinely interested in the car il be more than happy to answer your questions.' - How would he know if i'm genuinely interested in the car? And he should answer people's questions even in they are not 100% interested.

Please no time wasters, only contact me if your genuinely interested in the car and have the funds to purchase. - People asking more questions about your grossly overpriced cars is not time wasting my guy.

I just don't understand this. Why spend an overpriced amount of money on something that only looks like the E55 AMG, When you can buy an W210 E55 AMG for like 4,5,7, or at most 10k and that's a car that seems to be going up in value apparently according to these sellers. But If they are going up in value why sell now?








Edited by DJ Jonatron on Thursday 30th July 17:17

LetsTryAgain

2,904 posts

75 months

Thursday 30th July 2020
quotequote all
DJ Jonatron said:
There is a 2000 W210 E320 CDI listed for sale on Car and Classic has 55 thousand miles with a genuine AMG bodykit apparently.

What bothers me is the fact that throughout the WHOLE 20 years, looking at the MOT history, there is not ONE single MOT advisory. That I find very suspicious of a 20 year old car, ESPECIALLY the W210 E Class. If you know you know. He doesn't even use it to be honest.
This guy has definitely used the same MOT garage over the years, by bribing them or something.
That which can be asserted without evidence, can be dismissed without evidence.

Fun Bus

17,911 posts

220 months

Thursday 30th July 2020
quotequote all
DJ Jonatron said:
There is a 2000 W210 E320 CDI listed for sale on Car and Classic has 55 thousand miles with a genuine AMG bodykit apparently, and 1 owner from new.

He listed this car for sale around two years ago for 17995 with the fancy wheels, Now has it listed on Car and Classic for 13995 WITHOUT the 'only produced custom wheels in the world' -It would come with the standard AMG monoblocks If this is the case, why would he want to sell the car with them?

What bothers me is the fact that throughout the WHOLE 20 years, looking at the MOT history, there is not ONE single MOT advisory. That I find very suspicious of a 20 year old car, ESPECIALLY the W210 E Class. If you know you know. He doesn't even use it to be honest.
This guy has definitely used the same MOT garage over the years, by bribing them or something.

What also bothers me much is how it's not even a FULL spec E320 CDI, which If it was, i'd understand a little bit, but it's not!

It costs more than an average priced ACTUAL E55 AMG which is a MUCH more special car. - If you know you know.
You would buy this car spending at least 13k for people to look and think, WOW, that's a really clean E55 when in reality, It's a 3.2L turbo diesel engine.

The seller really seems to have a stick up his ass or something, and thinks that we are in like 2008 or something.

Judging by his description of the advert he seems like a very stuck up and greedy person, and his description kind of deters people from buying:

'Please keep your opinions about the car and the price to yourself!' - He knows it's grossly overpriced.

'If your genuinely interested in the car il be more than happy to answer your questions.' - How would he know if i'm genuinely interested in the car? And he should answer people's questions even in they are not 100% interested.

Please no time wasters, only contact me if your genuinely interested in the car and have the funds to purchase. - People asking more questions about your grossly overpriced cars is not time wasting my guy.

I just don't understand this. Why spend an overpriced amount of money on something that only looks like the E55 AMG, When you can buy an W210 E55 AMG for like 4,5,7, or at most 10k and that's a car that seems to be going up in value apparently according to these sellers. But If they are going up in value why sell now?






I’m sure that the owner is an active member on here.