RE: ?100K Escort RS2000!
Thursday 16th November 2017
It's not often that auction results raise an eyebrow nowadays, leave alone elicit expletives from all who see them. But then that was before the £100,000 Ford Escort...
Escort Cossie? £90K...Yes, Silverstone Auctions sold a Mk2 Escort RS2000 for £97,875 at its Classic Motor Show sale. It looks like perhaps the best Escort RS2000 in the world, having recorded just 927 miles since 1980, but that really does sound incredible.
On its way to £50,000!Want more? Course you do. How does £43,875 for a Mk2 Focus RS sound? With a few more pounds in your pocket - alright, £47,250 to be precise - this Capri Brooklands would have been in reach. And for the real connoisseurs, a 6,000-mile RS500 sold for £112,500. That's just crazy, isn't it?
£100K Escort RS2000!
And you thought the fast Ford silliness had subsided...
Escort Cossie? £90K...
That's just the start, not only for Escorts, but for fast Fords in general. This Series 1 RS Turbo went for £44,438, a Cosworth made £91K (!) and the hammer fell at £22,500 for a 1989 XR3i cab. Blimey.
On its way to £50,000!
We could go on, but you get the point: certain cars are still very much in demand at auction houses around the world. And while we could point you to Chris Hoy's Ferrari 458, a TVR Tina prototype or a Lamborghini Diablo SE30, this really is all about the Fords. Wait until you get to the XR2...
See the full lot list here.
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Discussion
An old colleague of mine had an XR3i cab just like that, only white - it had about 12k miles on it at the time and he always said "it'll be worth a fortune one day" I thought he was mad, but this was 2005ish and they were all but worthless then.
He could made a tidy profit if he sold it now I guess, but then he's had to suffer the shame of driving a white convertible XR3i for 20 years or whatever so I guess he's due something.
He could made a tidy profit if he sold it now I guess, but then he's had to suffer the shame of driving a white convertible XR3i for 20 years or whatever so I guess he's due something.
Are any of the above worth the money? For me the answer is yes because they found a buyer, the guy that bought the Escort wanted it.
Is an E63/M5/RS6 worth over £100,000 for some people it's yes others it's a no it's subjective there are old Porsches that are no more capable than the Escort that sell for more money.
If I had the money I'd drop some large numbers on a Monte Carlo Cosworth.
Is an E63/M5/RS6 worth over £100,000 for some people it's yes others it's a no it's subjective there are old Porsches that are no more capable than the Escort that sell for more money.
If I had the money I'd drop some large numbers on a Monte Carlo Cosworth.
ZX10R NIN said:
Are any of the above worth the money? For me the answer is yes because they found a buyer, the guy that bought the Escort wanted it.
Is an E63/M5/RS6 worth over £100,000 for some people it's yes others it's a no it's subjective there are old Porsches that are no more capable than the Escort that sell for more money.
If I had the money I'd drop some large numbers on a Monte Carlo Cosworth.
People like to get in a froth though over car prices, especially old stuff they don't like.Is an E63/M5/RS6 worth over £100,000 for some people it's yes others it's a no it's subjective there are old Porsches that are no more capable than the Escort that sell for more money.
If I had the money I'd drop some large numbers on a Monte Carlo Cosworth.
Personally I wouldn't pay 1.7 million for that Singer ..... But it was obviously what the buyer wanted so all is good
Unfortunately it's another sign of the times and shows just how crazy the classic/enthusiast car market has become. And it shows no signs of abating.
Personally I am totally priced out of the market for not just most things that interest me, but also stuff I've had in the past now. I currently have a low mileage, 300 bhp+, substantially modified 9-5 Aero in lovely nick that is up for sale. It's a head over heart decision. The more I see prices of stuff I think what on earth will I do in the future if I want to get something for fun? For what the Saab cost, is worth and what it gives me personally I reckon I should probably be better keeping it.
Fast Ford prices do seem particularly eyebrow raising but as mentioned earlier, if the numbers came up a nice Sierra Cossie would be tempting to add to my inevitable collection...............
Personally I am totally priced out of the market for not just most things that interest me, but also stuff I've had in the past now. I currently have a low mileage, 300 bhp+, substantially modified 9-5 Aero in lovely nick that is up for sale. It's a head over heart decision. The more I see prices of stuff I think what on earth will I do in the future if I want to get something for fun? For what the Saab cost, is worth and what it gives me personally I reckon I should probably be better keeping it.
Fast Ford prices do seem particularly eyebrow raising but as mentioned earlier, if the numbers came up a nice Sierra Cossie would be tempting to add to my inevitable collection...............
Dont get it, old Escort with a Transit engine for 100 grand ?
They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
And XR3i cabrios were pretty ropey at the time, but as a cultural icon, can sort of see that if it is box fresh.
They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
And XR3i cabrios were pretty ropey at the time, but as a cultural icon, can sort of see that if it is box fresh.
J4CKO said:
Dont get it, old Escort with a Transit engine for 100 grand ?
They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
Not really a Transit engine is it ?They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
Named Pinto because it started off in that American POS.
I'm opposite to you anyway ,had an RS2000 MK2 ,not a very good one ,sold it in August ,bought a Scirocco GTI MK1,didn"t like it ,
sold it in less than a few months and was back in a much better RS2000 MK2 by December.
Still a ludicrous price for this one at 100K.
I have to say for a number of years I've not been keen on new cars, mainly for the usual reasons, they all look the Same, too complicated and too expensive.
However ive always like cars from the 60s, 70s and 80s....especially fast Fords, it would appear I can't afford one of those either!.........
However ive always like cars from the 60s, 70s and 80s....especially fast Fords, it would appear I can't afford one of those either!.........
This is powered by two kinds of madness - firstly there are people of a certain age who were around in the period (say, 1980-1985ish) and either were too young/too poor or whatever to buy the cars then. These people are the ones a few of which now have some money and want the car of their (old) dreams.
The second level of stupidity is thinking these are good investments, and that next year they can enjoy them as an appreciating asset that will go up in value and be easy to sell for more. Which is wrong, this is a transitional fad and most wont. Sure, a few will keep their value - like the super low mileage cars, but most will be quite hard to get any meaningful return on.
Of course, if the people buying these are doing it for nostalgia, then they may not care.
The second level of stupidity is thinking these are good investments, and that next year they can enjoy them as an appreciating asset that will go up in value and be easy to sell for more. Which is wrong, this is a transitional fad and most wont. Sure, a few will keep their value - like the super low mileage cars, but most will be quite hard to get any meaningful return on.
Of course, if the people buying these are doing it for nostalgia, then they may not care.
lucido grigio said:
J4CKO said:
Dont get it, old Escort with a Transit engine for 100 grand ?
They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
Not really a Transit engine is it ?They were great than the sum of their parts but jesus, drove one back in the day when I had a Mk1 Golf GTI and it felt old and a bit disappointing then, never mind spending 100 grand on one.
Nice piece of history but just cant get as excited as some over them.
Named Pinto because it started off in that American POS.
I'm opposite to you anyway ,had an RS2000 MK2 ,not a very good one ,sold it in August ,bought a Scirocco GTI MK1,didn"t like it ,
sold it in less than a few months and was back in a much better RS2000 MK2 by December.
Still a ludicrous price for this one at 100K.
2 litre Pinto got fitted to the Transit van, but think I am bit sore still as had a 944 S2 and got told it had a van engine on so many occasions
Viper has a pickup truck engine for balance.
I cant get my head round how weird car prices are, I picked up a really quite decent Mk1 TT for just over two grand.
JMF894 said:
Unfortunately it's another sign of the times and shows just how crazy the classic/enthusiast car market has become. And it shows no signs of abating.
I honestly don't believe many of those cars have been bought by enthusiasts who wanted one when they were younger.I suspect most of those cars are going to end up sat in pretty garages or punted on for 25% more in a few months.
If I remember correctly, the escort mk1 only had 12 key patterns - ie if you had the key to yours, you had a 1 in 12 chance of driving off in someone else’s.
Not sure that’s what I would look for in a £100k car, though it’ll probably see its days in an air conditioned bunker rather than actually being driven...
Not sure that’s what I would look for in a £100k car, though it’ll probably see its days in an air conditioned bunker rather than actually being driven...
DrSteveBrule said:
£22k for an XR3 cabrio... what a joke. At least a charity is benefitting.
The Escort Cabrio had a list price of £12,337 back in 1989.Allowing for inflation, that is equivalent now to £30,350.
Beautifully restored (5 grand on body prep and paint, so we are told) and all proceeds for charity – I don’t think that was expensive at £22,500.
The other Cabrio (one owner, 11,000 miles) made £16,000 – effectively just over half its new price.
Seems pretty cheap to me.
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