A classic investment idea

[rwdrs]

Oh dear, still as people can't afford houses and no doubt people with a fair wedge and afraid of the stock market have driven up the Escort prices.

Nowadays 15-20 K for a MkII is "normal, here's why... Classics




...still it was the same at the beginning of the 90's; 20K for Mk I Lotus Cortina, that came to an abrupt end too...

[jimmer]

Its the never ending boom and bust. Same as the eighties and probably long before then! Its the same with Gold prices. It will all fall flat ! Nothing ever changes!

[mk1gaz]

All the 20K standard cars may drop in value but the 20K modded ones won't as they have expensive parts on them . So an Escort with 10 grands worth of parts under the bonnet will always hold it's value better than one with a stock cheapo power plant in a price crash .

[alancdavis]

Is this why they get stolen and then hid away for years until the dust settles

[mk1gaz]

The dust never settles , all the stolen ones get spotted even 10 years later . Take photos of all welding work and holes drilled in the shell etc etc and that's like a finger print for later .