Seriously Overpriced Cars

[swisstoni]

crankedup said:

FIREBIRDC9 said:

crankedup said:

Spot on! I enjoyed vintage stuff for about twenty years but noticed how little interest was shown in them by younger people at the shows. Eventually noticed that most show goers walked on past to droll over Ford Escorts and the like. Simply no interest in pre war.
I have an old program from a 1974 show which lists about thirty Edwardian cars, sixty vintage and
a hundred or so post war cars on display, all driven to the show by the owners. How times change perception and interest.

I expect one day that prices on Pre war cars will tank and average pre war cars like the Austin 7 for example will be hard to give away because the interest isn't there anymore.

Agreed, and I feel those days are not far off unfortunately. The A7 are a brilliant little car though that defies the market place, great clubs, great spares back up and above all affordable. Top end stuff is already dropping in asking prices, nice cars of middle market seem to be sticking on the market unless priced ‘to sell’, I know of several cars been on market for two to three years.
I now enjoy a modern classic but do miss my old vintage stuff tbh, but I do not wish to be holding stuff that’s going to the museum.

I hope they never reach some nightmare curiosity status.
For most of my life I’ve been an ignoramus of vintage stuff. Only in later years have I begun to appreciate them.

[aaron_2000]

crankedup said:

FIREBIRDC9 said:

crankedup said:

Spot on! I enjoyed vintage stuff for about twenty years but noticed how little interest was shown in them by younger people at the shows. Eventually noticed that most show goers walked on past to droll over Ford Escorts and the like. Simply no interest in pre war.
I have an old program from a 1974 show which lists about thirty Edwardian cars, sixty vintage and
a hundred or so post war cars on display, all driven to the show by the owners. How times change perception and interest.

I expect one day that prices on Pre war cars will tank and average pre war cars like the Austin 7 for example will be hard to give away because the interest isn't there anymore.

Agreed, and I feel those days are not far off unfortunately. The A7 are a brilliant little car though that defies the market place, great clubs, great spares back up and above all affordable. Top end stuff is already dropping in asking prices, nice cars of middle market seem to be sticking on the market unless priced ‘to sell’, I know of several cars been on market for two to three years.
I now enjoy a modern classic but do miss my old vintage stuff tbh, but I do not wish to be holding stuff that’s going to the museum.

What'd you think will happen at the lower end of the market? Do you think we'll ever see Sapphire Cosworths sell for under £10k again?

[crankedup]

aaron_2000 said:

crankedup said:

FIREBIRDC9 said:

crankedup said:

Spot on! I enjoyed vintage stuff for about twenty years but noticed how little interest was shown in them by younger people at the shows. Eventually noticed that most show goers walked on past to droll over Ford Escorts and the like. Simply no interest in pre war.
I have an old program from a 1974 show which lists about thirty Edwardian cars, sixty vintage and
a hundred or so post war cars on display, all driven to the show by the owners. How times change perception and interest.

I expect one day that prices on Pre war cars will tank and average pre war cars like the Austin 7 for example will be hard to give away because the interest isn't there anymore.

Agreed, and I feel those days are not far off unfortunately. The A7 are a brilliant little car though that defies the market place, great clubs, great spares back up and above all affordable. Top end stuff is already dropping in asking prices, nice cars of middle market seem to be sticking on the market unless priced ‘to sell’, I know of several cars been on market for two to three years.
I now enjoy a modern classic but do miss my old vintage stuff tbh, but I do not wish to be holding stuff that’s going to the museum.

What'd you think will happen at the lower end of the market? Do you think we'll ever see Sapphire Cosworths sell for under £10k again?

Based upon what has happened in the past, yes I do see that happening.The question is when, a gradual decline as enthusiasts become thinner on the ground and young generations arrive who have zero association and thus interest in the cars. The only cars, in my opinion, that will hold value are the top end with race pedigree, prestige cars that were boasting new revolutionary technology or style at the date of original sales. Examples can be found in the Bentley’s of the 1930’s with racing pedigree, exclusivity and prestige, not to mention quality of build. Another example is the Ford RS 200 with radical style and performance. Those are the attributes that ensure high value. Again just my opinion, others may and likely will disagree.
The Sapphire cossie is a mighty good car, but it was built for the masses to enjoy, it succeeded back in the day and still does! But for me not a long term investment, and nor should it be, brilliant car to love and drive though.

[CYMR0]

aaron_2000 said:

What'd you think will happen at the lower end of the market? Do you think we'll ever see Sapphire Cosworths sell for under £10k again?

Yes, but probably not until the generation that has an association with them has disappeared. They were made from 87-92, and would have made an impression on people born from about 65-85. Some of us will be pottering around for at least another 30 or 40 years.

I know it was a different time, but no one really talks about Standard Vanguards and Ford Consuls of the 50s, even the "nicer" ones. 30 years ago, they were the mainstay of the classic scene but now very few people have any emotional attachment to them.

By that time, everything will be electric and petrol will have a curiosity value. So they'll still be worth something as long as they're legal to own and drive, but no one will be restoring them. Hopefully they'll be driven so little that their environmental impact will be negligible and therefore they won't be banned.

[uncleluck]

crankedup said:

I could be off the mark here, not for the first time, but I reckon the big ticket cars go to investors and not always enthusiasts like in here. Those with enough cash to invest and forget about what it is they have purchased, not all of course. Need more Chris Evans around to invest into the car and prolong the cars life maybe.

You say that but generally savvy investors aren’t looking at £100k sierras. Maybe a lottery winner that wants one.

IMO car investing is about forgetting the past misses and concentrating on what you can currently buy at the bottom. Everyone does the whole “I wish I hadn’t sold that” but I’ve always said there will be a similar car today and you could invest in that if you really want to make some money and have a cool car.

I’ve had various people ask me over the years and I tried to get a mate to buy an R34 GTR back in the day but he didn’t trust I would be right.

There’s a few cars about today that will be a lot of money in the future and people will be saying “wish I’d bought xyz when they were cheap”

Another friend of mine has a big collection of cars as investments and on paper he’s done very well over the last 20 years but the last thing he’d be buying is £100k sierras or 22bs, got to be buying them when they were £10k-£20k. I know that sounds obvious after the event but my point is he’s a serious investor and wouldn’t dream of buying these type of heavily inflated cars.

The only real shame is they don’t make decent cars anymore, all the modern stuff has a disposable feel about it. Unless it’s a supercar every normal hot hatch or performance car is full of fake vents, plastic engine covers, plastic rocker covers, sliding callipers with badges on them to make them look like decent brakes etc.

There’s no future for a golf R with its disposable self... half a dozen control modules all soldered up with lead free solder that’ll crack and be junk and plastic everywhere.

Everything just feels so superficial to me these days and just lacks proper substance.

[Mr Peel]

MikeyC said:

schmalex said:

Fermit and Sexy Sarah said:

20 big ones for a 31 year old Mini. Yes, it has just 12 miles, but £20k?!

https://www.thesun.co.uk/motors/11030376/rare-mini...

I’d give £20k for that in a heartbeat to be honest

It got to £14K so: 'NOT SOLD'

Charming old thing but I'd want something more unusual for that ££: I guessed it would be a 30 LE before clicking. Quite a few people bought these and tucked them away. Many thought the end of production was close in 1990. Also these were by some way the most attractive limited edition produced up to that point.

Also it's the usual thing of would you drive it now?

[s m]

aaron_2000 said:

crankedup said:

FIREBIRDC9 said:

crankedup said:

Spot on! I enjoyed vintage stuff for about twenty years but noticed how little interest was shown in them by younger people at the shows. Eventually noticed that most show goers walked on past to droll over Ford Escorts and the like. Simply no interest in pre war.
I have an old program from a 1974 show which lists about thirty Edwardian cars, sixty vintage and
a hundred or so post war cars on display, all driven to the show by the owners. How times change perception and interest.

I expect one day that prices on Pre war cars will tank and average pre war cars like the Austin 7 for example will be hard to give away because the interest isn't there anymore.

Agreed, and I feel those days are not far off unfortunately. The A7 are a brilliant little car though that defies the market place, great clubs, great spares back up and above all affordable. Top end stuff is already dropping in asking prices, nice cars of middle market seem to be sticking on the market unless priced ‘to sell’, I know of several cars been on market for two to three years.
I now enjoy a modern classic but do miss my old vintage stuff tbh, but I do not wish to be holding stuff that’s going to the museum.

What'd you think will happen at the lower end of the market? Do you think we'll ever see Sapphire Cosworths sell for under £10k again?

I’ve seen a few sell recently for under £10k
They won’t be as new condition with unmarked interiors and 60k mile examples though - which is what people often really want. Will be a useable car however, suitable for someone that doesn’t mind getting their hands dirty and bring up to scratch over a couple of years

[aaron_2000]

XR2, probably been round the clock once. The white lettering on the mismatched budget tyres just screams Max Power classifieds. I do kinda like it though, not for £8k or £13k whichever it is

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

[glazbagun]

aaron_2000 said:

XR2, probably been round the clock once. The white lettering on the mismatched budget tyres just screams Max Power classifieds. I do kinda like it though, not for £8k or £13k whichever it is

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

Disgusting. I want it.

[Deep Thought]

£16,950 for a 2004 Boxster anyone?

Granted, low miles, but it still feels like £8,000 too much for one.

Oh and i've you're going to ask a +£8,000 premium for a car, maybe take two minutes and do up a set up pics without someone in them that you have to blank out? Must have taken longer to do that than would have taken fresh pics....





https://www.autotrader.co.uk/classified/advert/202...

[monzaxjr]

£7k for this heap of shíte. Wahahahahaha.

https://www.autotrader.co.uk/classified/advert/202...

[MJ85]

monzaxjr said:

£7k for this heap of shíte. Wahahahahaha.

https://www.autotrader.co.uk/classified/advert/202...

Wow. Really tried hard with the photos.

[LarJammer]

When most NSX's are 40-50k, this guy thinks his is worth 80k. Loving the table full of aftermarket tat that hes fitted.

https://www.autotrader.co.uk/classified/advert/202...

[dudleybloke]

Bargain!!


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

[Driver101]

LarJammer said:

When most NSX's are 40-50k, this guy thinks his is worth 80k. Loving the table full of aftermarket tat that hes fitted.

https://www.autotrader.co.uk/classified/advert/202...

He misses it is the originality that makes the car valuable. Those mods devalue it.

[Slow]

Driver101 said:

LarJammer said:

When most NSX's are 40-50k, this guy thinks his is worth 80k. Loving the table full of aftermarket tat that hes fitted.

https://www.autotrader.co.uk/classified/advert/202...

He misses it is the originality that makes the car valuable. Those mods devalue it.

I think "professionally revived to the tune of circa 37k, with no stone unturned" is the only thing going for it if it has had a proper rebuild.

[monzaxjr]

This does look rather nice but £15k? Not a chance.

https://www.carandclassic.co.uk/car/C1210219

[essdaytwelve]

6 grand for a Montego that needs completely repainting

https://www.ebay.co.uk/itm/Rover-Montego-Only-25-0...

[Fermit and Sexy Sarah]

LarJammer said:

When most NSX's are 40-50k, this guy thinks his is worth 80k. Loving the table full of aftermarket tat that hes fitted.

https://www.autotrader.co.uk/classified/advert/202...

One for the badly modified thread too. And 'co-designed by Ayrton Senna', rubbish! Ayrton drove it a few times and gave feedback at best. The way some go on about Ayrtons involvement in the NSX you'd think he screwed the bloody things together!

[krisdelta]

essdaytwelve said:

6 grand for a Montego that needs completely repainting

https://www.ebay.co.uk/itm/Rover-Montego-Only-25-0...

And photo's printed on A4 paper, folded then scanned as eBay pics - I wonder how out of date the pics are?