Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

Mr. Magoo

686 posts

191 months

Tuesday 23rd December 2014
quotequote all
Herd mentality puts pressure on parts as much as purchase price. Find something you like driving and the look of that no-one else talks about in the pub....

I can think of at least 5 marques that are fun, good looking cars, can keep up with modern traffic, are under 10K and well supported by clubs.

Of course with the means you can be a sheep and ship a boot load on a 70's 911.

Skylinecrazy

13,800 posts

157 months

Tuesday 23rd December 2014
quotequote all
jamieduff1981 said:
Neith said:
Have to agree about R34 GTRs and S15 Silvias. I own the latter but there's no way it's worth 6k more than a S14a! Brilliant car but yes, overpriced.

R34 GTRs are just stupid, 3 times more expensive than a R33 GTR? Assuming it's due to it being the last Skyline GTR as the R35 isn't technically a Skyline.
The R34 GTR also got a lot of glamour points from starring in 2 Fast 2 Furious.

1967/68 shape Fastback Mustangs are hugely sought after for the same reason of having starred in Bullitt and Gone in 60 Seconds.

Any particular model which starred in a popular film will be more sought after that objectively similar cars which didn't star in popular films.
R32s and 33s will be going up over the next few years...

Although no idea wtf this guy is smoking.

http://www.pistonheads.com/classifieds/used-cars/n...

Edited by Skylinecrazy on Tuesday 23 December 12:23

Rude-boy

22,225 posts

196 months

Tuesday 23rd December 2014
quotequote all
Mr. Magoo said:
I can think of at least 5 marques that are fun, good looking cars, can keep up with modern traffic, are under 10K and well supported by clubs.

There are some seriously silly cheap Chimeras about that would be an utter hoot. Parts not that hard to get hold of if you have an internet connection and a good specialist in your phone book. Even tinkered with the idea of buying one for tracking and possibly the odd pot hunting clubbie but have run out of parking space frown


Mr. Magoo

686 posts

191 months

Tuesday 23rd December 2014
quotequote all
Rude-boy said:
There are some seriously silly cheap Chimeras about that would be an utter hoot. Parts not that hard to get hold of if you have an internet connection and a good specialist in your phone book. Even tinkered with the idea of buying one for tracking and possibly the odd pot hunting clubbie but have run out of parking space frown
Certainly in my top 5. Also offerings from Lotus, Austin, Saab, Peugeot, Citroen, Renault, Jag, BMW....

Rude-boy

22,225 posts

196 months

Tuesday 23rd December 2014
quotequote all
Mr. Magoo said:
Certainly in my top 5. Also offerings from Lotus, Austin, Saab, Peugeot, Citroen, Renault, Jag, BMW....
Now I am a car man, and I hear what you are saying but...

There are three makes up there that have some lovely old metal out there but which even mechanics I know wouldn't touch with yours, let alone theirs hehe

Now an old V12 XJS would be a most beautiful way to go bankrupt whilst driving to and from the motor factors with parts for the Esprit. biggrin

I'm loving the leftfield thoughts of SAABs though. (off to the classifieds to see what a Carlson or Aero fetches these days) smile

Mr. Magoo

686 posts

191 months

Tuesday 23rd December 2014
quotequote all
let me put it this way....you could have one mint 993 turbo or:

1 x 92 Lotus Elan SE
1 x Saab 900 Turbo cabriolet
1 x Jag XJ6
1 x DS
1 x Peugeot 504 Cabriolet
1 x Renault Alpine

.........all well spannered and running nicely. Because I always had a he'll of a problem in front of the pic n mix as a kid I would chose the latter option for my (rather large) garage.

Geesus

118 posts

76 months

Tuesday 23rd December 2014
quotequote all
Mr. Magoo said:
let me put it this way....you could have one mint 993 turbo or:

1 x 92 Lotus Elan SE
1 x Saab 900 Turbo cabriolet
1 x Jag XJ6
1 x DS
1 x Peugeot 504 Cabriolet
1 x Renault Alpine

.........all well spannered and running nicely. Because I always had a he'll of a problem in front of the pic n mix as a kid I would chose the latter option for my (rather large) garage.
And I'd still prefer the 993.

Negative Creep

22,773 posts

190 months

Tuesday 23rd December 2014
quotequote all
Escy said:
Negative Creep said:
AE86 Corollas. I'm sure they're great to drive, but at the end of the day it's still just a mildly quick Corolla
I've got one, think they can justify the money they go for. They aren't that expensive really, usually about 6-8k. When you consider they are early to mid 80's, they are the same sort of money as their contemporaries and a lot better to drive than most. A Series 1 Escort RS Turbo is about the same money, MK1 Golf GTI's aren't far behind, a nice E30 325i sport is the same sort money.

The AE86 flew up in price quickly around 2007 but the market has been stagnant since, maybe even dipping slightly while similar cars have now appreciated to the same sort of levels. Back then they were expensive, now they are about right.
Have to be honest I haven't checked the market in years, but there certainly was a time when everyone wanted an Initial D spec car so they were going for crazy money

Liquid Tuna

1,384 posts

119 months

Saturday 27th December 2014
quotequote all
Skylinecrazy said:
R32s and 33s will be going up over the next few years...

Although no idea wtf this guy is smoking.

http://www.pistonheads.com/classifieds/used-cars/n...

Edited by Skylinecrazy on Tuesday 23 December 12:23
That's insane! He states £110,000 spent on it!!? If that's the case and it was all spent by the same person (presumably the seller), he needs medication or something. I don't know enough about these cars to comment any further really, but how much do people reckon it's really worth?

RacingBlue

1,336 posts

127 months

Saturday 27th December 2014
quotequote all
This Racing Puma

http://www.pistonheads.com/classifieds/used-cars/f...

Come to think of it, most stuff at this dealer actually.

CMYKguru

Original Poster:

3,017 posts

138 months

Monday 12th January 2015
quotequote all
RacingBlue said:
This Racing Puma

http://www.pistonheads.com/classifieds/used-cars/f...

Come to think of it, most stuff at this dealer actually.
Thats at least £5k over what they would normally be.

Paul O

2,091 posts

146 months

Monday 12th January 2015
quotequote all
CMYKguru said:
RacingBlue said:
This Racing Puma

http://www.pistonheads.com/classifieds/used-cars/f...

Come to think of it, most stuff at this dealer actually.
Thats at least £5k over what they would normally be.
His Cosworths are also laughably overpriced.

cocopop

1,298 posts

168 months

Monday 12th January 2015
quotequote all
Liquid Tuna said:
Skylinecrazy said:
R32s and 33s will be going up over the next few years...

Although no idea wtf this guy is smoking.

http://www.pistonheads.com/classifieds/used-cars/n...

Edited by Skylinecrazy on Tuesday 23 December 12:23
That's insane! He states £110,000 spent on it!!? If that's the case and it was all spent by the same person (presumably the seller), he needs medication or something. I don't know enough about these cars to comment any further really, but how much do people reckon it's really worth?
RIPs are an extremely well regarded tuning company from New Zealand. I believe that's one of their demo cars.

It'll sell for that sort of money, probably to Europe.

daytona111r

515 posts

167 months

Monday 12th January 2015
quotequote all
CMYKguru said:
Dalto123 said:
i've read these handle like a shopping trolley
have you never gone sideways around supermarket isles??

I very much doubt they are that much fun.

Strawman

6,463 posts

170 months

Monday 12th January 2015
quotequote all
TheProfessor said:
St John Smythe said:
briang9 said:
1878 said:
Everything at 4 star in Hampshire?
yep, seems a good betthumbup
It's amazing how that business works. Those guys must be laughing all the way to the bank. You could buy any car from there and probably struggle to sell it for even half the price on the private market!
Are they running an S.O.R business I wonder, and their percentage puts a hefty price tag on their stock???
Most (or all) their stock is sale or return. Not uncommon in classic car sales though. Owner gets bored of a car but doesn't have to sell it, so leaves it with a dealer at an agreed minimum return. Knows the car is now insured and looked after.

Atmospheric

5,214 posts

171 months

Thursday 15th January 2015
quotequote all
Would you buy a tarted-up Escort XR3i for 9k?

http://www.carandclassic.co.uk/car/C521673

Me neither.

pilchard8

268 posts

126 months

Thursday 15th January 2015
quotequote all
Facelift manual mk4 Supra, just had to buy an auto as the manual was £13-14k whereas an auto was about £8-9k

Looked at old advert a year earlier and manual was only about 8k, prices are rising quick.

Atmospheric

5,214 posts

171 months

Tuesday 20th January 2015
quotequote all
I think this is where you see 4Star is a rip-off:

Renault 5 GTT Raider for £13,995 - http://www.4starclassics.com/renault-5-gt-turbo-ra...

Renault 5 GTT Raider for £3995 on C & C -

http://www.carandclassic.co.uk/car/C571896

There's not 10ks worth of difference.


Edited by Atmospheric on Tuesday 20th January 09:04

TheJimi

19,114 posts

206 months

Tuesday 20th January 2015
quotequote all
Haven't 4Star been on the go for while?

If they weren't shifting stuff, they'd (or at least you'd think) be reviewing their business model and taking a different tack.

Still pathetcally overpriced, mind.

Atmospheric

5,214 posts

171 months

Tuesday 20th January 2015
quotequote all
TheJimi said:
Haven't 4Star been on the go for while?

If they weren't shifting stuff, they'd (or at least you'd think) be reviewing their business model and taking a different tack.

Still pathetcally overpriced, mind.
Its priced as high as they think they can get away with. Fair enough they may be selling - but not as fast as they would like I imagine. They're market only opens up when there are no private examples for sale.

Whats off putting is that they are known to present the cars on linglongs and other cheap tyres, unsuitable for the vehicle.