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850 T-5R what's it worth

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Old Nov 13th, 2019, 11:01   #11
Shinsplintz 101
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Quote:
Originally Posted by shepcobain View Post
The poor guy will think it's worth £3k now. Based on description, I can see how you came to that valuation. However, looking at the eBay listing, I personally wouldn't pay more than £1200 for it.
The days of half decent £1200 Rs is over. They hit the bottom of their depreciation curve about 2yrs ago, plateaued and are now on the bounce. Its a brave new world. Embrace it.

They are never going to go for silly money like the ford retro scene, but they are going to climb in value - which is needed to ensute the marque suvives in the longer term. Nobody in their right mind is going to sink thousands into restoring a car thats is worth pennies.it has to make financial sense. No matter how much you love them. Otherwise sit in you back garden burning tenners. It'll be more cheaper & less aggravating!
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Old Nov 13th, 2019, 11:48   #12
Bob Meadows
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I would agree in principle:~ But I’m always surprised when I see the likes of Ford escort basic models going for very rich prices- plus many other basic cars. I have a 240 owned for approx. 3 years and I know that it couldn’t be purchased for a lower price now- my first car purchased for £55:00 in the early seventies (still have it) has moved way ahead in terms of value.
The V70 is 20 odd years old now but it is a one owner- under 65,000 miles- all the documented service history you could wish for, this one will take some time to get my money back but I don’t buy classic cars for making money- Far better advantages to be had! Get the best you can and enjoy the ride you may or may not get the monetary value back.
Bob.
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Old Nov 17th, 2019, 04:39   #13
Mkengineering
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I think hes sold this car for 3k. Not too bad me thinks
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850t5 est, t-5r, turbo, turbo 1994


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