Cars for sale and future trends???

[clubsport]

Just an observation, but there seem to be quite a few good quality cars for sale in recent weeks.

Obviously prices of Escort RS cars have performed well over the last few years.

I wondered, if the number of cars reflected, current fuel and economy concerns or maybe even a short term top in the price of these cars?

For example, when the housing market turned in the early 90's the classic car market temporarily stayed buoyant, until it sharply reverted leading to quite a few cars for sale at a considerable discount to the fortunes spent on their restoration. Deja Vu ?

Not just specilaist Escort RS/Mexico, there do appear to be a fair number of recently appreciated cars on offer out there, e.g you could pick up a reaonable '87 Sierra Cosworth for the price of a very good RS2K.

I would expect the ultra rare examples such as RS 16/1800 to hold in for the most part, but for the slightly more main stream RS versions have we seen the peak in demand and higher prices for now?

[Chesney]

think we have, they will drop slightly for a while then pick up again. I certainly would not sell mine now unless i was absolutely desperate for the cash.

[clubsport]

With respect and I hope it doesn't come to it, but in such cases where someone is desperate for the cash.....there tends not to be any real buyers for such specialist high days and holidays, hobby cars.
All I am trying to say, if it gets bad (I don't think it will) who can you sell to?

Having owned a fair few classic/interesting cars over the years including a '72 mexico and '80 RS2K, what I have found is that the very best examples command a premium and some of the lesser examples are actually over valued in that they are dragged up in price hanging on to the coat tails of the cream.
This is all very well in an up market.
However in difficult (recessionary?) times, the cost of restoration cannot be recovered and this can actually make the lesser cars expensive as the better cars come down, actually representing value, obvioulsy cash is king in such a scenario.

[bortaf]

Just an observation, but there seem to be quite a few good quality cars for sale in recent weeks.

Obviously prices of Escort RS cars have performed well over the last few years.

I wondered, if the number of cars reflected, current fuel and economy concerns or maybe even a short term top in the price of these cars?

For example, when the housing market turned in the early 90's the classic car market temporarily stayed buoyant, until it sharply reverted leading to quite a few cars for sale at a considerable discount to the fortunes spent on their restoration. Deja Vu ?

Not just specilaist Escort RS/Mexico, there do appear to be a fair number of recently appreciated cars on offer out there, e.g you could pick up a reaonable '87 Sierra Cosworth for the price of a very good RS2K.

I would expect the ultra rare examples such as RS 16/1800 to hold in for the most part, but for the slightly more main stream RS versions have we seen the peak in demand and higher prices for now?

I've noted the same trend with cortinas, top end stuff is falling slightly due in no small part to the increased amout actually for sale while the lower end "daily" cars have dropped conciderably, if fact i've asked a very similar question last week on a cortina forum.
I think there's more than a few 80s/90s E type owners out there having a deja vu moment

[Banishit]

its all backing off no matter what marque

it could only be sustained for so long with cars prices trebling in 3-4 years how much can you sensibly ask for a 30 year old Ford and parts more so, some people have made a very healthy profit while its lasted, but as a whole the bubble has burst imo

they have now got to and past a good new car

[Paulk RS1800]

Top quality cars will still get top money over here.

I was offered a fortune recently for the 1800 and several tempting offers recently for my mk1 RS2000. I still have them.

[ModenaRS2]

There will always be buyers for good quality cars.

The market is steady at the moment but it will not crash IMO.

Most cars that are sold, are sold to buy another car, I think

[clubsport]

I was offered a fortune recently for the 1800 and several tempting offers recently for my mk1 RS2000. I still have them.

As I posted, the rarer and even rarer, excellent condition examples of these cars are unlikely to be affected, I was referring to the more mainstream RS examples which have appreciated in value on the back of such cars.

Amongst my cars I have a rare 911, which has done incredibly well, as much as I would love to sell it for the potential financial gain (human nature?) I know it may take me years to find another and where will the market be pricing them then?...hence it stays!

I had the idea to buy a mk2 RS 2k earlier in the year, I looked at a couple and couldn't believe how average they were, (I know 28 years old etc...) the sellers were adamant the cars were such a fine investment etc...

As I am more interested in a usable rather than out and out show car, personally I will hold out for now....no rush, but it is an itch that needs to be scratched..as it were.

[Dave1800BDA]

I was offered a fortune recently for the 1800 and several tempting offers recently for my mk1 RS2000. I still have them.

18 sold last month for 12k, the new owner didnt have a clue what it was and the old owner...a member for many years just wanted it gone, shell just done to show standards, engine rebuilt, just needs finishing, bargain.

had a stupid bid on mine at ford fair,

[Martin]

18 sold last month for 12k, the new owner didnt have a clue what it was and the old owner...a member for many years just wanted it gone, shell just done to show standards, engine rebuilt, just needs finishing, bargain.

had a stupid bid on mine at ford fair,

Wish I'd known about one that Dave

[spellersarc]

if any onee....

can take advantage of this point in time where every one is feeling the pinch,then good luck and get as many as you can buy,the price on these cars has dipped but time will cure that !when every one gets used to all the rises in fuel ,tax etc etc. and they will ! the price of them will stay strong,and a message to any one buying one dont sit on the fence too long or you will miss out..

[clubsport]

Spellersarc, all very well, over time,,,but apart from the ultra rare examples, the point being there are a lot of mainstream RS available for sale now in varying states of condition,, these have increased in value considerably in the last 4 years.

Another factor is obviously house prices and demographics. Everyone on their 30-40's who either previously owned or lusted over an RS escort could easily afford the £5-10k+ to own such a car...that scenario has changed for some.

As for the demographic, these cars certainly appeal to a certain age group, despite the rwd lightweight purity that cannot be found in newer cars.

Personally I think there will be quite a few average hobby cars of various marques coming to market in the next 6 months to a year,,,,as ever quality will prevail.

[lee bishop]

had a stupid bid on mine at ford fair,

i can make a stupid bid right now if you want dave


£4.89p

[paul spence]

i can make a stupid bid right now if you want dave


£4.89p

for a pop+,you mad

[Mk2grp4]

for a pop+,you mad

Sounds a bit too much if you ask me