V8S in Classifieds for 20K ?

V8S in Classifieds for 20K ?

Author
Discussion

rustoni

Original Poster:

325 posts

273 months

Thursday 16th January 2003
quotequote all
Anyone know anything about the L reg V8S in the classifieds for 20k. The advert says that the car only has 7,000 miles on the clock. Anyone know anything about this car as i assume it's in concourse (sp?) condition....shame no pictures are provided.

Just Curious..Ian

shnozz

27,496 posts

272 months

Thursday 16th January 2003
quotequote all
how much was a V8S in its final years brand new?

and any idea how much the V6S was in its last year ?(1993? - and yes i have seen the M reg one in the bible!)

Podie

46,630 posts

276 months

Thursday 16th January 2003
quotequote all
I thought the S sold for £12,995... which was about the same as a Golf GTi at the time...

HarryW

15,151 posts

270 months

Thursday 16th January 2003
quotequote all
Seems like good value to me

Harry

:anythingtoimprovetheresalevavlueofV8Ssmustbegood:

M@H

11,296 posts

273 months

Thursday 16th January 2003
quotequote all
If its one of the last two made I guess its got a lot in common with the Chim, probably got the same engine as mine I suppose..


Matt.

pete_w

646 posts

264 months

Thursday 16th January 2003
quotequote all

Podie said: I thought the S sold for £12,995... which was about the same as a Golf GTi at the time...


hmmmm.....on the original bill of sale for my 1990 S2 the price was £18k and something (inc VAT)

Edited to add that it makes it about £30k in todays money



>> Edited by pete_w on Thursday 16th January 13:33

rustoni

Original Poster:

325 posts

273 months

Thursday 16th January 2003
quotequote all
Mines Pictured in the bible, does that make it worth any more ?

markbigears

2,274 posts

270 months

Thursday 16th January 2003
quotequote all
on my original bill of sale my 1991 S3C was just over 23 Thousand. Iv emailed the bloke for piccies and history etc. mark

shpub

8,507 posts

273 months

Thursday 16th January 2003
quotequote all

rustoni said: Mines Pictured in the bible, does that make it worth any more ?


As the bible is already priceless... no

trackdemon

12,193 posts

262 months

Thursday 16th January 2003
quotequote all

Anyone know anything about the L reg V8S in the classifieds for 20k. The advert says that the car only has 7,000 miles on the clock. Anyone know anything about this car as i assume it's in concourse (sp?) condition....shame no pictures are provided.

Just Curious..Ian


An S V8. £20k? Jesus. Touch pricy isn't it?

markbigears

2,274 posts

270 months

Thursday 16th January 2003
quotequote all
the email i got back says the price is firm......
me thinks hes going to keep hold of that baby.

tvrgaas

1,460 posts

271 months

Thursday 16th January 2003
quotequote all

Podie said: I thought the S sold for £12,995... which was about the same as a Golf GTi at the time...
Yes I think the S1 was that, but inflation and higher specs (electric windows!) meant it rose. Found two old Autocars:-
April 90 S2 £16,645, S2c (sic) £18,995, also a Speed 8 and the 450SEAC was £37499!
Sept 91 S3 £18,084 S3c 19,923 and V8S £23,595
3.9 Griff listed at £22,247 and 450SE at £30,140.
Speed 8 still listed in both 3.9 and 4.3 versions.

Off course you'd need to add any extras, to these.

Paceracing

729 posts

267 months

Thursday 16th January 2003
quotequote all
V8S for £20K?
Can't see me reaching for the cheque book for this one even if it has only done 7000 miles.
There is only so much the car is worth and £20K is way over the top IMO.
There are plenty of very clean V8S's out there for 50% of that price which are perfectly good cars. Infact you could restore an old nail V8S for less than that.
Good luck selling it though, maybe a collector will buy it.

Jas.

Podie

46,630 posts

276 months

Friday 17th January 2003
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Jas,

You say that... but how much has the S cost so far...?

PetrolTed

34,428 posts

304 months

Friday 17th January 2003
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Does seem high. Like you say, plenty of top notch cars that have been regularly used for much better money.

Low teens would be a more realistic price.

jvaughan

6,025 posts

284 months

Friday 17th January 2003
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My Mate Martin Gilbert Paid £24k for his 1994 M Plated V8Sc in 1996. That was for Numer 23 of the final 24 made. ( i believe number 24 was actually written off )
M404 VBS is currently undergoing approval for import into Holland as its owner now lives there.

shnozz

27,496 posts

272 months

Friday 17th January 2003
quotequote all
personally I would be slightly worried bout buying a 10yr old car with 7k on the clock. certainly wouldnt pay a large premium for it. Doesnt inspire me that it has been used very regularly......

Having said that, if it has been run regularly and serviced etc regularly (which I dont doubt) then its a chance for someone to basically buy a new V8S that hasnt been available for a number of years.

Paceracing

729 posts

267 months

Friday 17th January 2003
quotequote all

Podie said: Jas,

You say that... but how much has the S cost so far...?


Podie,

You could probably restore on old V8S to A1 condition for about £15K including buying the car for about £6K-£7K. (18 months ago I was offered one in similar condition to my S2 at that time including being red with black interior which was at that time up for around £6.5K. The car had full tax & mot but needed an engine rebuild as it had very low oil pressure. I think that spending about £8k on that car would see it with a shiny rebuilt engine and a fresh coat of paint. The interior was immaculate as was the chassis. If I did it myself I think it would have cost about £4K. If you wanted it to be concours it would probably swallow up around £15K including the cost of buying the car if you were prepared to do some work yourself).

Jas.

Podie

46,630 posts

276 months

Friday 17th January 2003
quotequote all
OK... I stand corrected, and will crawl back into my hole, under the rock.

How's your S coming on BTW? Getting there?

Looking forward to the summer though... fed up of getting wet at the mo... then perhaps I should put the roof on?! Naaah...

Paceracing

729 posts

267 months

Friday 17th January 2003
quotequote all

Podie said: OK... I stand corrected, and will crawl back into my hole, under the rock.

How's your S coming on BTW? Getting there?



Hi Podie,

I am just going by how much I predict my rebuild will cost, but I could be miles out. It would be interesting to hear from anyone who has already completed a restoration as to how accurate my prediction is.

As regards my S2, the rebuild has slowed down a bit really. I need to get my finger out, but whenever I look at the car I just think, "how the fcuk am I going to get this lot back together again?" Anyway, the switches have gone off to LeeBee to be converted into shiny ones and I plan to pull the engine and 'box out at the end of this month now that the body is off.

Jas.