Seriously Overpriced Cars

Seriously Overpriced Cars

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Discussion

AdeTuono

7,254 posts

227 months

Tuesday 10th November 2020
quotequote all
There are some real rich pickings amongst the American car section of eBay these days. Hot on the heels of the £140,000 F150 pickup from Clive sutton is this...

https://www.ebay.co.uk/itm/1964-FORD-FALCON-SPRINT...

Mark_Blanchard

754 posts

255 months

Tuesday 10th November 2020
quotequote all
I agree. The American car market has gone crazy and Mustang prices are unreal. I sold my 69 Mach 1 this summer as I thought I'd sell while prices were high.

Here's a load of parts for lots of money. And it's not a rare car as the ad states.

https://www.ebay.co.uk/itm/1969-Ford-Mustang-Fastb...

Whatapex

52 posts

79 months

Tuesday 10th November 2020
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waynecyclist said:
StuTheGrouch said:
BrettMRC said:
Genuine Barn Find said:
W00DY said:
Make a nice pair with this £15k Omega



https://www.carandclassic.co.uk/car/C1255247
dartboard pricing....
WTAF.

Extra zero Shirley?
People have obviously been messaging this seller. Price now has "as stated", making it clear that it isn't a typo. Also confirms the seller is mental.
Madness, knock a zero off and you would be close £1500, cannot see it being worth anymore
Now down to only £11.500 and taking offers.Must be a line of people outside his door with such a bargain...

AdeTuono

7,254 posts

227 months

Tuesday 10th November 2020
quotequote all
Whatapex said:
Now down to only £11.500 and taking offers.Must be a line of people outside his door with such a bargain...
£9500 now. At that rate of reduction, wait until tea-time and it might be down to what it's actually worth. Can't be more than £2500, surely?


AdeTuono

7,254 posts

227 months

Tuesday 10th November 2020
quotequote all
Mark_Blanchard said:
I agree. The American car market has gone crazy and Mustang prices are unreal. I sold my 69 Mach 1 this summer as I thought I'd sell while prices were high.

Here's a load of parts for lots of money. And it's not a rare car as the ad states.

https://www.ebay.co.uk/itm/1969-Ford-Mustang-Fastb...
Your '69 is the car I'd have above anything else. Takes me back to when I saw my first brand new Mach 1 in a garage in Cornwall on holiday. I was 9 years old. Dad said he was going to buy it; I didn't realise he was joking and I was devastated when we drove all the way home in our Vauxhall Victor.

I've given up looking at '69's now. I refuse to pay the prices being asked. They're rarely sold by enthusiasts, just dealers out to make a quick killing. I'm lucky enough to have had a few Mustangs/Camaros/Corvettes, so I've scratched the itch. But if one came up at a sensible price I'd buy it. And keep it.

Mark_Blanchard

754 posts

255 months

Tuesday 10th November 2020
quotequote all
AdeTuono said:
Your '69 is the car I'd have above anything else. Takes me back to when I saw my first brand new Mach 1 in a garage in Cornwall on holiday. I was 9 years old. Dad said he was going to buy it; I didn't realise he was joking and I was devastated when we drove all the way home in our Vauxhall Victor.

I've given up looking at '69's now. I refuse to pay the prices being asked. They're rarely sold by enthusiasts, just dealers out to make a quick killing. I'm lucky enough to have had a few Mustangs/Camaros/Corvettes, so I've scratched the itch. But if one came up at a sensible price I'd buy it. And keep it.
Prices will come down again. Nothing stays the same for ever. I'm sure you'll be behind the wheel of a 69 some day.

Uncle boshy

263 posts

69 months

Wednesday 11th November 2020
quotequote all
I’m quite partial to an old MG but maybe not this one

https://www.carandclassic.co.uk/car/C1127249


Car_Nut

599 posts

88 months

Wednesday 11th November 2020
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Uncle boshy said:
I’m quite partial to an old MG but maybe not this one

https://www.carandclassic.co.uk/car/C1127249
hehe Must be a typo surely?

Justin Case

2,195 posts

134 months

Wednesday 11th November 2020
quotequote all
Car_Nut said:
Uncle boshy said:
I’m quite partial to an old MG but maybe not this one

https://www.carandclassic.co.uk/car/C1127249
hehe Must be a typo surely?
Possibly, but cave finds do attract a premium laugh

PhantomPH

4,043 posts

225 months

Thursday 12th November 2020
quotequote all
Justin Case said:
Car_Nut said:
Uncle boshy said:
I’m quite partial to an old MG but maybe not this one

https://www.carandclassic.co.uk/car/C1127249
hehe Must be a typo surely?
Possibly, but cave finds do attract a premium laugh
Ha ha!

I suspect the advertiser was going for £1400.00 but the decimal point has been missed out.

chungasarnies

155 posts

125 months

Friday 13th November 2020
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https://www.autotrader.co.uk/car-details/202009193...

28 grand for a 10 owner 16 year old M3??

Fun Bus

17,911 posts

218 months

Friday 13th November 2020
quotequote all
Failed it's MOT in January:

"Nearside Rear Vehicle structure is fractured and structural rigidity is significantly reduced sub frame mount (6.1.1 (a) (i))"

JakeT

5,428 posts

120 months

Friday 13th November 2020
quotequote all
Fun Bus said:
Failed it's MOT in January:

"Nearside Rear Vehicle structure is fractured and structural rigidity is significantly reduced sub frame mount (6.1.1 (a) (i))"
Oof. Classic E46 M3. laugh


I don't get why some owners say their car only goes out in the dry, but when there's been 9 owners before, they probably haven't been quite so fastidious in not smoking, eating, or driving it in the wet.

robinessex

11,059 posts

181 months

Friday 13th November 2020
quotequote all
Fun Bus said:
Failed it's MOT in January:

"Nearside Rear Vehicle structure is fractured and structural rigidity is significantly reduced sub frame mount (6.1.1 (a) (i))"
Failed MOT on 22 January 2020 as above, yet DVLA have it recorded as MOT'd to 2 January 2021 !!

waynecyclist

8,796 posts

114 months

Sunday 15th November 2020
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DJFish

5,921 posts

263 months

Sunday 15th November 2020
quotequote all
Mark-C said:
LetsTryAgain said:
DJFish said:
Also consider the effect on value should a previous owner’s reputation be called into question...
Which has been found to be completely false, IIRC.
Presumption of innocence (which we no longer have) is a vital part of any free society.
Woah - I'm missing something here - what is Tarquin Smethwick alleged to have done?
Absolutely nothing as far as I’m aware, and I wasn’t suggesting otherwise.
What I was pointing out was that any increase in value due to a previous owner’s status is dependent on their continuing good reputation.
Values may go down as well as up.

Unless it’s Hitler, I bet his old limo is worth a few bob.

aaron_2000

5,407 posts

83 months

Sunday 15th November 2020
quotequote all
waynecyclist said:
Not a huge spec, god awful looking head unit, and that horrible Mercedes tractor engine. MOT is clean and I bet someone will probably unknowingly overpay for it, but I certainly wouldn't

oilslick

903 posts

186 months

Sunday 15th November 2020
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Pommy said:
Is this regarded as seriously overpriced?

https://www.pistonheads.com/buy/listing/10941324?c...
There's a significant white background tax, but as more and more MK1's rot away, rust-free examples are appreciating in value.

Howard-

4,952 posts

202 months

Monday 16th November 2020
quotequote all
Car_Nut said:
trickywoo said:
waynecyclist said:
W00DY said:
A "future classic" 5 door Megane 1.6.



https://www.ebay.co.uk/itm/1999-future-classic-Ren...

Ad said:
Oil = 5-30 Castrol Edge,
Coolant = Renault Orange,
Brakes = Motul RBF,
Gearbox Elf Tranself NFP,
Power Steering = Penrite PAS
Washer fluid = Tesco.
rofl
Worth about £500
Missed off the 4 X budget tyres just below the Tesco washer fluid.

Reads like a joke but I don’t think it is.
Think that this is “find another” territory again. Wouldn’t spend £3k of my money on it, but do not think that it is overpriced - must be either unique or very close to unique. With older ordinary cars becoming increasingly chic, if this is kept in this condition, it will be worth more than this in 5 years time & much more in 10 years time.
It absolutely is overpriced.

I used to have one of these. There really is nothing remarkable about them or anything "classic" about them to warrant any additional value over the book price. A boggo 90s hatchback like this is not worth £3k of anyone's money. That same money can get any number of newer cars which are better in every single way.

There is a vintage "craze" at the moment. I know this car isn't "vintage" but your point about its value in 5 and 10 years' time proves my point, that people seem to be happy to pay well over the odds for some old [insert hobby/interest/market here] crap just because it's old.

It's the same with hifi - ancient low end 1980s amplifier with spring clip speaker terminals that you can easily lift with one hand? £150 please. Vintage init mate.

And things like old furniture on facebook - £100 for an ugly old 1960s side table. Behave, that's fire wood.

1999 Renault Megane for £3k? Come off it.

CellarDoor

875 posts

88 months

Monday 16th November 2020
quotequote all

Does a 14 year old Jaguar with 60k miles qualify as seriously overpriced at £29,950?

https://www.jagwestlondon.co.uk/vehicle-details.ph...