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gresham flyer

Joined: 06 Sep 2008 Posts: 1435
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Posted: Wed Sep 21, 2011 9:01 am Post subject: Are Classic Vehicle Prices ..Overcooking.!!! |
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I have just seen an ordinary Rover P6 3500 on Ebay for £20,000.
A Morris Minor van ..... £14,000.
Fiat car £35,000.
Another trick at the moment is for the seller to say...The number plate is worth £1500.00 and then I want £2500.00 for the car,and oop`s sorry but the car has no Mot.
Are these sellers trying to set new benchmarks for prices or just optimistic.
I think there are too many sat at home whealer dealers out there trying to cash in on our hobby... an example....a genuine enthusiast and now too old to drive his car and which he had owned for over 20 years,sold it to who he thought was a genuine enthusiast for £1,000.
Two days later I was offered the same car for £3,500.
The seller had not even cleaned it or put it through an Mot...lazy sod.!!!
Have you noticed how people do not present their vehicles for sale properly.
If I have ever sold anything we have scrubbed and polished the vehicle until it gleams,and also mended all the non working items.
What have you seen when viewing vehicles for sale.
Gresham |
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baconsdozen

Joined: 03 Dec 2007 Posts: 1119 Location: Under the car.
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Posted: Wed Sep 21, 2011 11:11 am Post subject: |
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Its not only cars,people now find some obscure car part hiding in grandads garage and want fortunes for it where a few years back it would have gone in the bin or down the boot sale for 50p.
The bubble will eventually burst looking at ebay the number of old bits that get an outing at silly prices every time there's a free listing week end is pretty much the same, wek in week out.No one bought the sun visor retraining screw for a 1911 Clyno super sport new in box for £45,50 plus £10 post the fourty times its been listed so far but the owner lives in hopes that one day some one will. _________________ Thirty years selling imperial hand tools for old machinery(Now happily retired). |
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Rick Site Admin

Joined: 27 Apr 2005 Posts: 22780 Location: UK
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Posted: Wed Sep 21, 2011 1:16 pm Post subject: Re: Are Classic Vehicle Prices ..Overcooking.!!! |
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gresham flyer wrote: | I have just seen an ordinary Rover P6 3500 on Ebay for £20,000.
...
Gresham |
He/she can't be in a rush to sell then knock off a zero and the price would be about right, no? Being a manual V8 would that make it a 3500S?
As for bumping up prices to take into account the value of the reg. no. I think that's been going on for donkeys, even without MOT.
The A70 pickup for £23,900 has been on there for a while, who'd buy that other than perhaps a business looking for a promotional tool?
R _________________ Rick - Admin
Home:https://www.oldclassiccar.co.uk
Videos:https://www.youtube.com/user/oldclassiccarRJ/videos
OCC & classic car merchandise (Austin, Ford ++):
https://www.redbubble.com/people/OldClassicCar/shop |
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alan 869

Joined: 07 Mar 2011 Posts: 388 Location: Linköping Sweden
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Posted: Wed Sep 21, 2011 3:27 pm Post subject: |
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People will always try and buy cheap to sell for double. It´s been done for thousands of years Only thing you can do it stick to your guns and don´t go over what you think is the limit, even if it is something you really want.
I have a lot of old swedish -Motor- mags. Picked them up for pennies. There is one though I haven´t got. It has an article about the Earls Court Show in the autumn of 1956. They focused a lot of attention on -the new caravans- There is about 3 sides on british vans including a couple of photos. I have a very bad copy. One of the photos shows the Willerby Vogue with a caption about it being -an easter egg- It´s the only referance to the Vogue I have seen in swedish. There is a guy on an auction site here who has a copy. £8 + 4 quid postage. Even though I would really like the copy, 4 pounds per side is a bit much for me. Europe is in decline so there are thousands out there trying to make a cheap buck..... |
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hampshire
Joined: 14 Apr 2008 Posts: 35 Location: birmingham
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Posted: Wed Sep 21, 2011 7:46 pm Post subject: |
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Just seen a Ford 100e Popular for £25000 ono in this weeks Classic Car Buyer.I don't know what they think the nearest offer will be,about £23000 less than the asking price I should think. Although maybe it's a misprint |
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D4B

Joined: 28 Dec 2010 Posts: 2083 Location: Hampshire UK
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RobMoore
Joined: 16 Jan 2011 Posts: 105 Location: Peterlee
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Posted: Thu Sep 22, 2011 8:58 pm Post subject: |
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The selling a car based on the value of the plate is often lunacy at best.
Last year I saw a minor being sold with a reasonable reg number, the guy wanted over 2k for the car based on the plate value of 2k. there was easily over 2ks worth of work required on the car to get it an MOT, required for removing the reg.
Ebay is generaly full of idiots for the most parts and not a place I would sell a car without being thorough in what I was doing. _________________
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gresham flyer

Joined: 06 Sep 2008 Posts: 1435
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Posted: Thu Sep 22, 2011 11:08 pm Post subject: |
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I contacted a chap this evening about a car he had for sale.He also offered another car that was completly rotten but with a plate that he said was worth £4,000.
You either have to change the identities of the cars (ring it)to transfer the plate or it is worthless on a rotten hulk.
Mind you that is another scam...buy a rusted out Austin A35 with a good plate and put it on another A35 that is mechanically sound with a good body the same colour.
This has been going on for years.
Gresham |
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Roger-hatchy

Joined: 07 Dec 2007 Posts: 2135 Location: Tiptree, Essex
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Posted: Fri Sep 23, 2011 7:10 am Post subject: |
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gresham flyer wrote: |
Mind you that is another scam...buy a rusted out Austin A35 with a good plate and put it on another A35 that is mechanically sound with a good body the same colour.
This has been going on for years.
Gresham |
Some don't even go as far as that, you see VIN plate, V5 and number plates for sale.
New someone in the 70's had three willy's jeeps all road worthy, if one needed work etc., never saw more then one number plate.
Roger |
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lowdrag
Joined: 10 Apr 2009 Posts: 1600 Location: Le Mans
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Posted: Sun Sep 25, 2011 10:29 am Post subject: |
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If you think those prices are mindboggling, just look at this which was sold at auction a couple of months back:-
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Minxy
Joined: 22 Sep 2010 Posts: 273 Location: West Northants
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Posted: Thu Sep 29, 2011 11:21 am Post subject: |
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Was just discussing this very subject last weekend at a car met and yes prices are rocketing at the moment and apparently it always happens during a recession – don’t know why.
A case of point is in a Minx like mine but a couple of years older that sold at auction in the summer for 6.5k that in itself was surprising as the general value was in the region of 4k. That same car then appeared in a dealers with new roof for 12k – and sold
http://www.carandclassic.co.uk/user/ccts1277/45/
Thats a potential increase in value of 8k this year. |
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smiffy220

Joined: 22 Nov 2010 Posts: 329 Location: Southminster, Essex
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Posted: Thu Sep 29, 2011 1:19 pm Post subject: |
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Minxy wrote: | Was just discussing this very subject last weekend at a car met and yes prices are rocketing at the moment and apparently it always happens during a recession – don’t know why.
A case of point is in a Minx like mine but a couple of years older that sold at auction in the summer for 6.5k that in itself was surprising as the general value was in the region of 4k. That same car then appeared in a dealers with new roof for 12k – and sold
http://www.carandclassic.co.uk/user/ccts1277/45/
Thats a potential increase in value of 8k this year. |
I guess if people are hard up, they think to sell an assett and make as much money as they can on it, hence why there are lots of cars going up for sale, but prices are shooting up. Doesn't say whether many are actually selling I guess. _________________ Born to rally, forced to work!
1980 Opel Manta 2.0 SR Berlinetta
1934 Morris Cowley Four (my late fathers) |
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smiffy220

Joined: 22 Nov 2010 Posts: 329 Location: Southminster, Essex
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Posted: Thu Sep 29, 2011 7:57 pm Post subject: |
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I'm hoping the price on this ad is just a typo, otherwise I missed something somewhere along the line:-
http://www.carandclassic.co.uk/car/C245878 _________________ Born to rally, forced to work!
1980 Opel Manta 2.0 SR Berlinetta
1934 Morris Cowley Four (my late fathers) |
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ukdave2002
Joined: 23 Nov 2007 Posts: 4231 Location: South Cheshire
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Fluffle-Valve

Joined: 30 Dec 2009 Posts: 521 Location: At my computer in a bungalow in Duston, Northampton.
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