Mondeo ST220, will it ever be "future classic"?!
Discussion
Bit of a dilemma this one so please don't take the piss! (why am I bothering posting on here then you may ask?!). Long story short, I have a factory fresh Mondeo ST220 that has done a mere 6900 miles, it has every factory option and is the saloon rather than hatch back. My other car, an old Mk1 Mondeo V6 is getting a bit long in the tooth now, it's been part of the family and reached my target of 20 years! On Saturday though it's water pump sized, thankfully not far from home and just as I parked up. I've fitted a new pump & belt and it's back to working (that was a fun job-NOT!).
The dilemma is, the Mk1 needs 4 new tyres in the next month, it will probably have something else break sooner or later (done 152k miles)so I think in the next 12-18 months it will be scrap
Now, do I then use the ST (that has never been used as circumstances changed pretty much 12 months after I purchased it-arrgh!!)) knowing full well with kids etc it won't be factory fresh for long, the tax is also a killer at £485 PA, fuel bill not too bothered about, it's actually better on fuel than the old Mk1 unless you thrash it!
Or do I stick it in the garage & store it for 10 years hoping one day to recover some £££? Old Fords seem to be worth something but I think that is mainly RS models? (& buy a cheap small economical family transporting s
tbox in the mean time)
WBAC offered £7200 for it, to be frank for that amount of money I'd rather keep it & use it, going by that private I'd be looking at £8000 - £9000? which again is not enough for me to sell it.
Thoughts people?
The dilemma is, the Mk1 needs 4 new tyres in the next month, it will probably have something else break sooner or later (done 152k miles)so I think in the next 12-18 months it will be scrap
Now, do I then use the ST (that has never been used as circumstances changed pretty much 12 months after I purchased it-arrgh!!)) knowing full well with kids etc it won't be factory fresh for long, the tax is also a killer at £485 PA, fuel bill not too bothered about, it's actually better on fuel than the old Mk1 unless you thrash it!
Or do I stick it in the garage & store it for 10 years hoping one day to recover some £££? Old Fords seem to be worth something but I think that is mainly RS models? (& buy a cheap small economical family transporting s
tbox in the mean time)WBAC offered £7200 for it, to be frank for that amount of money I'd rather keep it & use it, going by that private I'd be looking at £8000 - £9000? which again is not enough for me to sell it.
Thoughts people?
I think when you look at what's happened with Escorts, Cortinas, Capris, Granadas etc over the years then yes, I think the ST220 will certainly become a 'classic.' The desirability of the old Fords doesn't just apply to the RS & upmarket models either - even an Escort 1.1 Popular seems fair game now. I reckon yours is a 'keeper' Dave. 
CS Garth said:
Ford's Heritage Dept may be interested in it. Of course they might not.
That's a interesting point, I just found this & see a Mondeo ST200 in the pictures! https://www.carthrottle.com/post/fords-heritage-co...
any idea how this place works? I mean surely the owners were paid half decent money, the Escort Cosworth's there look mint & we all know what kind of money they are fetching! Or are the cars there warranty buy backs?!
Having had one of the "rare" touring ST200s for 14 years and 200k+ miles it never occurred to me that it would become a classic...
As mentioned above by others it never held the RS or Cosie aspirational desirability.
The ST220 likewise it was neither special or rare enough to make it a classic.
IMHO - Ford devalued the ST brand by adding it to diesels,and then further across the model ranges... So rather than concentrating on a limited number of ST models every other car seems to sport the badge as it's become a marketing tool...
Personally I'd use it, if for nothing else to stop it rotting away
As mentioned above by others it never held the RS or Cosie aspirational desirability.
The ST220 likewise it was neither special or rare enough to make it a classic.
IMHO - Ford devalued the ST brand by adding it to diesels,and then further across the model ranges... So rather than concentrating on a limited number of ST models every other car seems to sport the badge as it's become a marketing tool...
Personally I'd use it, if for nothing else to stop it rotting away
Edited by Seesure on Monday 4th April 11:01
who says it wont be a classic? I bet the same people said the XR3i would never be a classic, or a bog standard Mk1 Escort. Both are rising nicely in value, as is the XR4i and XR2 which sold in huge numbers and was never even close to being class leading against the 205GTI. However, it may take another 15-20 years to realise its classic potential, which is maybe not good news!!
Dave_ST220 said:
That's a interesting point, I just found this & see a Mondeo ST200 in the pictures!
https://www.carthrottle.com/post/fords-heritage-co...
any idea how this place works? I mean surely the owners were paid half decent money, the Escort Cosworth's there look mint & we all know what kind of money they are fetching! Or are the cars there warranty buy backs?!
Looks as though that particular car was in daily use for a good few years up until some time in 2010/11 and then either donated or bought by the museum - At that age and mileage it would have only been worth pennies anyway...https://www.carthrottle.com/post/fords-heritage-co...
any idea how this place works? I mean surely the owners were paid half decent money, the Escort Cosworth's there look mint & we all know what kind of money they are fetching! Or are the cars there warranty buy backs?!
_dobbo_ said:
If you are storing it, do you plan on keeping it taxed, serviced, MOT'd and insured? If so, I'd imagine the cost of this for 10 years would outstrip any possible increase in value?
Don't be silly, he'd SORN it - you can still insure a car that is SORNED. Don't see why would need to keep servicing a car that isn't being used. Give it the full service before storing it or empty all fluids first.I remember looking at Sapphire cosworths when they were £7k for a decent one and XR4x4s when a grand would get you your pick.
Try looking for a bog standard Sierra now at a reasonable price let alone a decent one.
Fords always seem to do ok as classics however not sure that this will ever increase to much more than it is worth today unless you play the super long game.
Try looking for a bog standard Sierra now at a reasonable price let alone a decent one.
Fords always seem to do ok as classics however not sure that this will ever increase to much more than it is worth today unless you play the super long game.
Joeguard1990 said:
Don't be silly, he'd SORN it - you can still insure a car that is SORNED. Don't see why would need to keep servicing a car that isn't being used. Give it the full service before storing it or empty all fluids first.
Fair enough but for the first few years you're insuring a depreciating car, so it's probably losing you say, £500 a year minimum.At some point the depreciation stops and it starts appreciating, but you're still insuring it, so offsetting any increase.
How much does it have to appreciate to recover your losses over that period, and will it?
I speak from having owned a 205 1.9 GTI for 10 years. I sold it for a decent amount more than I paid, but way, way less than I spent during that period keeping it nice. The prices on 205 GTIs are insane now, but I still don't think I'd have made a profit had I kept it. Will ST220 prices do what 205GTIs have?
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