owners club car/bike valuations

[jimmer]

Very emotive subject. Many of these restored cars have had a lot of time and money spent on them and will never recoup the cost. If all you worry about is the value of your car its a shame as these cars were made to be enjoyed.
Twenty five years ago you could pick up a nice Mexico for under a grand. That was for a genuine car not an 1100, 1300 reshell with decals and a forged log book like many of the dodgy mexicos,Rs1800'S AND RS2'S on the market now. Saying that many cars were dressed up Sports another pretender like the Harrier.

[Mexicomark]

Just to add a bit more to my earlier post.
The insurance companies aren't asleep either.
Twice so far this year I have had separate insurance companies asking me how I reached a particular figure when valuing a car, as they could not find any similar examples for sale to compare prices.
I then talk them through the particular vehicle & why I have, or in some cases haven't valued a car at a particular figure.

In both cases the company have then agreed the value for the vehicles in question.
So comments such as registrars putting high values on vehicles for their own ends is absolute bo11ocks.
It's the supply & demand factor that dictates prices of vehicles & parts.
Who would have valued a front grill at £700 or £895 as we've seen recently.

[steven f]

the insurance companys dont object to the valuation of the car when you are paying the premium they only object when they have to pay you

i have some classic bikes that are worth xxxx but would fetch double that if i broke them for spares but curious if a restored rs would fetch more in bits

we all know it costs more to do a car than to buy a restored car so how do you work out the value of an unrestored car ???

[taffr]

don't forget the "time of year" factor too, demand for cars this time of year is lower than lets say april/may, this too effects prices and goes back to the supply and demand arguement, but when a good well known car restored or unrestored comes up for sale they don't hang around long and usually gets the asking price

[Mexicomark]

the insurance companys dont object to the valuation of the car when you are paying the premium they only object when they have to pay you

i have some classic bikes that are worth xxxx but would fetch double that if i broke them for spares but curious if a restored rs would fetch more in bits

we all know it costs more to do a car than to buy a restored car so how do you work out the value of an unrestored car ???

I use the same principle for for any vehicle I value.
Unrestored cars it's a case of bodyshell condition, It's one of the most expensive parts to repair. Also what condition are the hard to find original items in. Seats, centre consoles & in the case of Twin Cams is the air box assembly there, If it is, is it complete, the same goes for the heater plenum drain.
The price will vary from car to car, does it have competition history..?? Who prepared it when it was new.?
It all effects the value. Well it does with the cars I come across on a regular basis.

[graham John]

Very emotive subject. Many of these restored cars have had a lot of time and money spent on them and will never recoup the cost. If all you worry about is the value of your car its a shame as these cars were made to be enjoyed.
Twenty five years ago you could pick up a nice Mexico for under a grand. That was for a genuine car not an 1100, 1300 reshell with decals and a forged log book like many of the dodgy mexicos,Rs1800'S AND RS2'S on the market now. Saying that many cars were dressed up Sports another pretender like the Harrier.

agreed,
i have spent a fortune on my restoration, fully in the knowledge that i will never get the money spent back, but i done it as a hobby / fun thing, and will get loads of fun out of it when i start rallying it again.

at the end of the day its MY hobby and fun thing

do people buy fishing gear/Golf Clubs etc, not use it for years and then hope to sell it on for a profit ?


cheeRS

[steven f]

Very emotive subject. Many of these restored cars have had a lot of time and money spent on them and will never recoup the cost. If all you worry about is the value of your car its a shame as these cars were made to be enjoyed.
Twenty five years ago you could pick up a nice Mexico for under a grand. That was for a genuine car not an 1100, 1300 reshell with decals and a forged log book like many of the dodgy mexicos,Rs1800'S AND RS2'S on the market now. Saying that many cars were dressed up Sports another pretender like the Harrier.

seems to have been a lot of logbooks with and without shells for sale on ebay recently so how do you know that you are buying a genuine one i have looked on this site and its very helpful as i dont want to be buying a ringer click on the buyers guide at the top of the page

http://www.rs2.co.uk/home.htm

[Mexicomark]

seems to have been a lot of logbooks with and without shells for sale on ebay recently so how do you know that you are buying a genuine one i have looked on this site and its very helpful as i dont want to be buying a ringer click on the buyers guide at the top of the page

http://www.rs2.co.uk/home.htm

It's like any car, if you are unsure or it doesn't seem to tally up, walk away.
If you see a car you like, try talking to the Mk1 RS2000 registrar of the AVO owners club.
He may know the car, if he does you will get an unbiased opinion & honest description.
If you really like the look of a certain car, but are still unsure, get someone who knows the cars to have a look for you.

Otherwise if you are out looking at a car & want any pointers to verify it's genuine... give me a call 07774 277471 & I'll quite happily talk you through what are the harder bits to replicate properly.