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Seriously?Views : 829347 Replies : 6287Users Viewing This Thread : 4x4, don kalmar union, ITSv40, Laird Scooby, Lucien, Moomoo, Othen |
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Apr 26th, 2021, 12:31 | #631 | |
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We also saw that car from Bude sell for only a grand last week, and it was about the same quality (maybe a bit better). Anyone serious about buying a 1980s 240 will have noticed that. I can't help thinking that if the seller had started off in the £2,000 to £2,500 price range the car would have been sold by now. Instead he/she tried double that and has now almost exhausted the small market's patience. We see this all the time though - there are lots of middling to good cars being offered at £6,000 to £11,500 that never sell. Ho hum.
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Apr 27th, 2021, 05:17 | #632 | |||
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Whilst ostensibly a nice car, it looks like the rather silly modifications (lowered suspension, bling wheels and lower profile tyres) have seriously detracted from this car's value. It may well also be the case that £6,000 is just too much for a middling 244, even if it is qualified as an historic car. I think both are true: if the owner had not bothered with the modifications and kept the car as a good original car it would sell much easier; it is true also that the car isn't cheap (as the seller claims) and £4,000 to £4,500 would be a sensible price. The best course of action for the seller would probably be to return the suspension and wheels to standard, sell those parts (I suppose they might be worth something like £600-£800) and re-advertise the car at a more sensible price in the light of this failed attempt at a sale. I rather suspect that will not happen though: we will probably see this one for some months yet. In this thread we are always happy to celebrate cars that sell well (like the Bude car that made just over a grand), but most of the time we end up lamenting sales that don't happen because the owners think their cars are worth much more than they really are. :-(
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... another lovely day in paradise. Last edited by Othen; Apr 27th, 2021 at 05:20. |
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Apr 27th, 2021, 05:47 | #633 |
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What Price for a Rust Bucket?
This is an interesting one: a rust bucket that probably should become a source of spares, but it is a 1983 car, so I'm wondering whether someone may take a chance on it as it's close to becoming MoT and tax exempt?
https://www.ebay.co.uk/itm/174740991...cAAOSw1ChggDOV To its credit, the car does have a MoT certificate (4 month's worth), but the last test shows lots of corrosion problems that will need fixing before the next: body work starting to corrode in places Nearside Seat belt anchorage prescribed area is corroded but not considered excessive outer sill (7.1.1 (a) (i)) Offside Seat belt anchorage prescribed area is corroded but not considered excessive outer sill (7.1.1 (a) (i)) Nearside Rear Seat belt anchorage prescribed area is corroded but not considered excessive inner wing (7.1.1 (a) (i)) Offside Rear Seat belt anchorage prescribed area is corroded but not considered excessive inner wing (7.1.1 (a) (i)) Offside Seat belt anchorage prescribed area is corroded but not considered excessive floor pan (7.1.1 (a) (i)) Nearside Seat belt anchorage prescribed area is corroded but not considered excessive floor pan (7.1.1 (a) (i)) ... so, the car is as rough as a badgers arse and will need serious surgery this year, but what is its value? So far no bids at the opening price (£750) - watch this space :-)
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... another lovely day in paradise. Last edited by Othen; Apr 27th, 2021 at 05:51. Reason: Spelling error. |
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Apr 27th, 2021, 10:38 | #634 |
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Found these two today, very different end of the spectrums!
https://www.ebay.co.uk/itm/303958916...e5f5%7Ciid%3A1 https://www.ebay.co.uk/itm/324589962...e5f5%7Ciid%3A1 I dont know the rarity of these ones, but look very cool with the interior.
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Apr 27th, 2021, 11:16 | #635 | |
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I have no idea whether the asking price for either car is reasonable - my gut feeling is both are much too high, which is borne out by the time they have been for sale - although there is probably an absolutely tiny market for cars like this. I suppose the question is could the second car be made as good as the first for less than £19,000. If all it needs is a good respray that would only be about £4,000 - which implies the first car is grossly overpriced (although that doesn't mean the second car is reasonably priced at all). The second car is LHD, I have no idea whether that would be a significant factor, but even if it is I doubt it would be £15,000 worth :-)
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... another lovely day in paradise. Last edited by Othen; Apr 27th, 2021 at 11:23. |
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Apr 27th, 2021, 11:28 | #636 | |
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The expensive one will probably sell for that eventually because they are so rare and it has a good deal of provenance. Not so sure about the USA import car though, it wants £3k+++ of respray to get it looking like it should, not sure if it's camera angle, light conditions or what but the vinyl roof looks excessively shiny, almost as if someone has sprayed a vinyl roof on it so will want that looking at too. Another grand or two. Unless someone is buying it specifically to go touring in Europe, the LHD is a drawback, it could be converted but then it wouldn't be original and many people don't like driving LHD in the UK for obvious reasons. There are also many who don't care and generally (from my experience) they are already paying over the odds for insurance due to many accidents..................... The big drawback for me on both cars is the B27 engine, much more fragile than the later B280 engine not to mention rougher, thirstier and less powerful.
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Apr 27th, 2021, 11:36 | #637 | |
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I'm always dubious about people valuing cars (or other machines) highly just because of their rarity. It is hard for me to imagine what sort of person would have a spare £23,000 plus the inclination to get this one for a collection and not drive it. It takes all sorts though, and not all people are tightwads like I am.
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Apr 27th, 2021, 12:24 | #638 | |
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Someone with more money than sense will buy it just because they can then keep it in a climate controlled garage (just because they can) then sell it in years to come, probably for a much higher price, just because they can.
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Apr 27th, 2021, 12:39 | #639 | |
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I'm struggling to see why anyone would pay that much to keep a car in storage in the hope of selling it for much more in years to come. I'm just a simple soldier :-)
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Apr 27th, 2021, 13:27 | #640 |
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I think it's all to do with the chat in the 19th hole Alan, some merchant banker or similar will be extolling the virtues of classic car ownership and how he keeps his 1979 Volvo 262C in climate controlled comfort and onlu uses it on high days and holidays so that in years to come it will be worth so much more because it will be one of a kind.
What he doesn't add is that the person who buys it 3 decades later to reflate his retirement fund will also be one of a kind but by then will be extolling the virtues of when cars actually had engines and could travel for thousands of miles with simple refills of petrol at conveniently placed stations along their routes instead of having to plug the thing in overnight to get a 90 mile range.
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