Seriously Overpriced Cars

[mikiec]

Somewhat over £1000000 ($2mil NZD) for a Jensen SV8, dealer doing a good troll job.
https://www.trademe.co.nz/motors/cars/other/auctio...

[WCZ]

£300k and we are super busy at the moment but we'll start it one day when we can be arsed

[anonymous-user]

itcaptainslow said:

PRND said:

Now, I love Alfa 156s. But even I am baulking at ten thousand pounds for a 4-owner 2001 Y-reg 156 1.8 Twin Spark
with 88k miles. Yes, £10k!

But here's the best bit, apparently it's had, wait for it...£21,000 spent on 'restoring' it. To paraphrase the cop in Gone in 60 seconds "who the hell pays to restore a Y-reg 156 1.8?"

https://www.veloces.co.uk/used-alfa-romeo-156-new-...

TBF, you could eat your dinner of that engine..

If that were a V6 I’d be mightily tempted!

As would I, and that's my point, if you're going to do it - and spend that big - why not the 2.5 (or even the GTA). It can't have sentimental value..it's being sold!

[johnnyBv8]

Jimmy Recard said:

It makes sense to me. You can choose the spec and check build from start to finish.

And as said, if this firm is any good, they will have a long order book. I'd rather wait and have a good one than get a bad one quickly

But why would you ever start with something as ropey as that, with "20 years missing". The lack of provenance and number of replacement parts it will need mean it will never approximate anything original and never be hugely desirable.

As a benchmark, Eagle currently has a one owner 1 series roadster on their website with 76k miles, full provenance and various upgrades.... for £235k. It’s even ready now, not in in indeterminate number of years. Not a flat floor (but it looks like it’s a long time since the eBay one had any kind of floor ). Even when Eagle completely rebuild their cars, they start from solid bases (I've been to their workshops).

£300k to rebuild a piece of scrap on a "when we get round to it" basis makes it entirely worthy of this thread.

[AlexNJ89]

Less of an accusation and more of a question to get second opinions:

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

2009 BMW 335i, £15,500?

[ChocolateFrog]

AlexNJ89 said:

Less of an accusation and more of a question to get second opinions:

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

2009 BMW 335i, £15,500?

Ropey ones are under 4k and decent ones 8k so it looks expensive to me.

[AlexNJ89]

ChocolateFrog said:

Ropey ones are under 4k and decent ones 8k so it looks expensive to me.

That's what I thought, it's also remapped. Which to me doesn't add value at all because even the best ones will limit the life of the engine.

[Zippee]

2013 RR Evoque for 40k??? https://www.pistonheads.com/classifieds/used-cars/...

[stugolf]

aaron_2000 said:

stugolf said:

C70R said:

aaron_2000 said:

C70R said:

stugolf said:

C70R said:

Terzo123 said:

C70R said:

May I present this:
https://www.ebay.co.uk/itm/323772065762

In my view, it's about double it's real price.
- Rusty wings and bootlid
- Needs paintwork
- Has an oil leak
- Has unspecified brake fault
- Wheels kerbed to death
- Horrible grey interior
- Almost no desirable options
- Auto

But because it hasn't done many miles (70k), seller seems to think it's worth almost twice what I sold my better 105k car for (with fewer faults). That's going to be around for a while.

Really? Seriously overpriced?

You could probably buy it for under 2k.

If he was wanting 10k, that would be seriously over priced.

It's about double what it's worth. That's seriously overpriced.

You're talking rubbish, its a 2k car, you wont find many better cruisers for the money, all items reasonably ok to sort, with 70k miles I think the price seems about right

The leather isn't the right colour for the exterior colour but looks in very good condition

Maybe you sold yours too cheap

Thank you for the aggression. Much appreciated.

Having sold two of these in the past couple of years, I don't think I'm in a bad place to comment on the state of the market.

My first, which was significantly better than this in almost every way, other than 20k miles, sold for £1800.
My second, which was slightly better than this but with 30k more miles, sold for £1300.

Both were well-prepared, long MOTs, clear adverts, plenty of photos etc..

Price would make sense if it was a manual, everyone in the owners club seems to find them for much cheaper than that one, and in much better condition too.

Indeed.

But apparently everyone in this thread is an expert, despite never buying or selling one.

I have just purchased another one Readers Rides https://www.pistonheads.com/gassing/topic.asp?h=0&... so reckon I'm in a good place to comment, I had one 5 years ago a E46 330i bought for 2.2k with 90k miles sold for 2.2k with 105k miles, was in great condition but did have rusty rear arches

I think you are selling too cheap, there are none on Trader for £1,300 regardless of mileage and condition, I think you need to work on your sales patter

Because AutoTrader is where all the bargains are. Never bought off AutoTrader, never sold on there either. Couldn;t give my 330d away on FB, got £1k for it, 130k facelift, Stage 1, Tony Banks, M3 alloys, rust free. If AutoTrader was the indicator of market prices then a good chunk of my cars wouldn't be hated so heavily by me. According to everyone on the owner club, the E46 is pushing on worthless. Have you not thought you just overpaid for yours? I know countless people who paid less than £1k for manual 330i and 330d's that aren't hyper mileage.

Well, looks like this 330 sold for pretty much what he was after maybe? I have sold mine, for nearly twice this, contrary to belief maybe nice e46's aren't worth peanuts after all

[ucb]

https://www.h-jburgoyne.co.uk/used-saab-9-3-falkir...


Errr, no thanks....

[SD_1]

ucb said:

https://www.h-jburgoyne.co.uk/used-saab-9-3-falkir...


Errr, no thanks....

Good god, there is ambitious and then there is that! Surely that must be more expensive than it was when it was brand new? And it's not even a bloody Aero!

st aftermarket alloys too. Wonder what the story behind that is? Unsold dealer stock due to the colour and 3 doors and sat rotting for years?

Edited by SD_1 on Friday 7th June 22:28

[Tyre Smoke]

I like 3 door 9-3 Saabs. But even so, it is just a Vectra in a skirt and high heels.

Never going to be a classic.

[WCZ]

stugolf said:

Well, looks like this 330 sold for pretty much what he was after maybe? I have sold mine, for nearly twice this, contrary to belief maybe nice e46's aren't worth peanuts after all

the car was never "seriously overpriced" anyway!

[Jeenyus161]

£90k Defender 90, anyone?

https://www.bramley.com/carsales/details/Land-Rove...

£1k/inch - seems reasonable....

[oilslick]

Jeenyus161 said:

£90k Defender 90, anyone?

https://www.bramley.com/carsales/details/Land-Rove...

£1k/inch - seems reasonable....

Was expecting one of those awful innit bruv Kahn conversions!

[TCS1]

I love this but when a £15k C43 with the same mileage was strong money this is another level.

https://www.carandclassic.co.uk/car/C1123060

[Oxford1971]

TCS1 said:

I love this but when a £15k C43 with the same mileage was strong money this is another level.

https://www.carandclassic.co.uk/car/C1123060

Seller is operating on the flawed logic that every ridiculous option chosen when it was new 23 years ago, translates into extra worth when it is second hand.

[aaron_2000]

Jeenyus161 said:

£90k Defender 90, anyone?

https://www.bramley.com/carsales/details/Land-Rove...

£1k/inch - seems reasonable....

Seems reasonable almost for a US/Canadian spec car with those miles. They go for silly money over there.

anonymous said:

[redacted]

As usual, ask a collector if they'd want a modified one for £25k.

[The Moose]

aaron_2000 said:

Seems reasonable almost for a US/Canadian spec car with those miles. They go for silly money over there.

Why is that? What's so special about the Canadian spec?

[Fermit and Sexy Sarah]

I know the Charles Spencer King was a very desirable model, but are they REALLY worth 64 big ones nowadays?

https://www.classiccarsforsale.co.uk/land+rover/ra...