Classic cars forum & vehicle restoration.
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Bezospace
Joined: 06 Jan 2020 Posts: 1
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Posted: Tue Jan 07, 2020 11:50 am Post subject: Price estimation-Raise up |
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Do you know how to estimate for example the raise of the value of citroen 2cv or mg [for example bought from ebay for 1000 pound] ??
Much love :>
Keep the thigns together . |
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Rick Site Admin
Joined: 27 Apr 2005 Posts: 22447 Location: UK
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peter scott
Joined: 18 Dec 2007 Posts: 7119 Location: Edinburgh
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Posted: Tue Jan 07, 2020 1:33 pm Post subject: Re: Price estimation-Raise up |
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Bezospace wrote: |
Much love :>
Keep the thigns together . |
Now is that thighs or things?
Peter _________________ http://www.nostalgiatech.co.uk
1939 SS Jaguar 2 1/2 litre saloon |
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mikeC
Joined: 31 Jul 2009 Posts: 1775 Location: Market Warsop, Nottinghamshire
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Posted: Tue Jan 07, 2020 4:37 pm Post subject: |
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In my view the prices of most run-of-the-mill classic cars have stagnated over the last few years, and many prices have fallen. Cars of the 1930s and 1950s are definitely fetching less than a year or two ago, 1960s and 1970s cars seem to have not moved significantly. Only cars of the late 1980s and 1990s seem to be on the move upwards, and then only slowly. _________________ in the garage: 1938 Talbot Ten Airline
Recently departed: 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
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Rick Site Admin
Joined: 27 Apr 2005 Posts: 22447 Location: UK
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Rootes75
Joined: 30 Apr 2013 Posts: 3819 Location: The Somerset Levels
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Posted: Tue Jan 07, 2020 7:35 pm Post subject: |
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Or is that more down to the popularity of cars of the 80's and 90's being those of the younger classic owners cars of rheir youth etc? _________________ Various Rootes Vehicles. |
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Ray White
Joined: 02 Dec 2014 Posts: 6319 Location: Derby
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Posted: Tue Jan 07, 2020 9:23 pm Post subject: |
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Selling any car privately for a profit these days is not that easy... and a classic car - being in a limited market - is a slow moving deal.
Anyone who thinks dealing in classic cars is an easy route to mega bucks has probably been watching too many episodes of 'wheeler dealers'.
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Penman
Joined: 23 Nov 2007 Posts: 4759 Location: Swindon, Wilts.
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Posted: Tue Jan 07, 2020 9:51 pm Post subject: |
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Hi
Thjere is a parallel with Money For Nothing they get the items and re-purpose them and make a profit to give back to the item donor, but I think they only take out the costs of materials. I'm sure they don't take anything for labour; possibly they do on the items the specialists do but certainly not on the ones the presenters do. _________________ Bristols should always come in pairs.
Any 2 from:-
Straight 6
V8 V10 |
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MikeEdwards
Joined: 25 May 2011 Posts: 2471 Location: South Cheshire
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Posted: Wed Jan 08, 2020 10:35 am Post subject: |
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Rootes75 wrote: | Or is that more down to the popularity of cars of the 80's and 90's being those of the younger classic owners cars of rheir youth etc? |
I think some of it is down to age - the people who lusted after 80s and 90s cars in their youth - or had scrappy versions of them - are perhaps now getting to a point in their lives where they can afford to get a better version of them to keep, or re-live their youth. |
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Bitumen Boy
Joined: 26 Jan 2012 Posts: 1735 Location: Above the snow line in old Monmouthshire
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Posted: Wed Jan 08, 2020 1:23 pm Post subject: |
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Penman wrote: | Hi
Thjere is a parallel with Money For Nothing they get the items and re-purpose them and make a profit to give back to the item donor, but I think they only take out the costs of materials. I'm sure they don't take anything for labour; possibly they do on the items the specialists do but certainly not on the ones the presenters do. |
They don't take anything for fuel or driving time either, I don't even have a TV these days but used to see the shows fairly often. I lost count of the number of times they made a "profit" by taking something from, say, Manchester to Brighton (via somewhere else) and simply glossed over the long journey between the two.
Another show I used to like was the "classic road trip" ones - for obvious reasons - which seemed a bit more realistic, but even then they ignored the cost of getting from A to B to C etc etc, and the practicalities of transporting bulky furniture in a classic (there must have been a van following them around), not to mention the hotel bills they must have been racking up. On the plus side, they did show the breakdowns! I hope nobody's given up their day job thinking they can make a living doing stuff like this... |
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Ray White
Joined: 02 Dec 2014 Posts: 6319 Location: Derby
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Posted: Wed Jan 08, 2020 1:42 pm Post subject: |
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If you seriously want to make money from selling cars I believe you need to be a licensed dealer or it is against the law.
Perhaps someone could confirm? |
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petelang
Joined: 21 May 2009 Posts: 444 Location: Nottingham
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Posted: Wed Jan 08, 2020 2:00 pm Post subject: |
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How about this for a mark up.
I had been trying to sell on my 2002 Daimler X308 XJ V8 for best part of a year. Listed eBay twice, got dismal offers after several months.
Put it on Car and Classic, 300 + viewings, two people rang up about it, one offered 1200 when sale price was listed 3k, second bloke came to view, offered 2k, I was prepared to go down to 2200 by then.
So re-listed again after it sitting outside for another 2 months.
Tried a swap site, was offered a mini and a watch!
Couple of weeks ago I get an Asian lad call, very interested, can he come and view.
Offered me just 1550.
I figured if it sat outside much longer it would be worth diddeley so very reluctantly accepted it.
A week later, it's on eBay at £7995.
He's done nothing to it except photograph it outside the local stately pile, maybe it's his stately pile, I don't know.
Re-listed a week later less £500, so now at £7495.
I'm still trying to find my missing fingers....
I give up! Perhaps I'd have had more luck swapping it for a Camel? |
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Rootes75
Joined: 30 Apr 2013 Posts: 3819 Location: The Somerset Levels
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Posted: Wed Jan 08, 2020 2:06 pm Post subject: |
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I have just sold my 1978 Karrier Bantam truck, I chose not to list it at all on ebay because for me that's full of scammers and tyre kickers, I also did not want to see it be sold on a week later or stripped for parts.
I listed the lorry on carandclassisc and I had loads of interest, some tyre kickers yes but not many, the chap I have sold her to has a lovely collection already and I can see examples of their restoration work. I set a realistic price and what I would come down to, we made an agreement that keeps both parties happy and I am glad she is going to a good home. _________________ Various Rootes Vehicles. |
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Ray White
Joined: 02 Dec 2014 Posts: 6319 Location: Derby
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Posted: Wed Jan 08, 2020 2:09 pm Post subject: |
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What I have noticed about classic car dealers is that they are prepared to play a long game. I know one chap who has been in the business for many years and he always follows the auctions. He won't buy a car unless he can be confident in selling it for at least twice what it cost him. It might take a few months but if it is the right car at the right time it will sell. |
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norustplease
Joined: 11 Apr 2011 Posts: 779 Location: Lancashire
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Posted: Thu Jan 09, 2020 10:57 am Post subject: |
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There is a lot of wishful thinking on classic car sales websites, and few of them actually seem to publish the actual price achieved (possibly only Ebay).
From my experience editing the Traction Owners Club magazine which has a classifieds section, a car has to be in exceptionally good condition to obtain the top price, any problems, or work required, and prices seem to tumble quite significantly.
I wonder how many cars on, for example, the Car and Classic website actually get anywhere near their initial asking price. Some sit there for months and months before they disappear, and it is often never clear whether they sell or are simply withdrawn. _________________ 1953 Citroen Traction
1964 Volvo PV544
1957 Austin A55 Mk 1
Boring Tucson SUV |
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