advertisement


New Ford Escort Mk 2 for sale shortly.

Lister Bell are the people making a high-end Stratos Kit (LB Stratos)

There is a review from Autocar somewhere on Youtube, and they LOVE it, as indeed, do I. Very, very desirable, but again probably 60K so you have to really, really want one.

I really, really want one, but would have to look at it a retirement project to keep me off the streets.
 
Rcook said:
IIRC it was a Lancia Stratos replica with an Alfa Romeo V6 engine, apparently the body panels are interchangeable with the original. It wasn't the electrics that let it down, if memory serves the brakes jammed on....
Click to expand...

I remember that one too, yes that was one of Jerry’s Stratos replicas. (Hawk cars)

The integrale was this one...

 
I am baffled....there seems to be some massive prices on just about everything, across a lot of cars. Where are all these people that can afford them?
 
stevec67 said:
It's a more interesting investment than stocks and shares, for your pension.
Click to expand...
It's beginning to feel like the property market in 2007, though. Actually, much worse. Everything is at the you-must-be-an-idiot-to-buy-at-that-price level.
 
richgilb said:
It's beginning to feel like the property market in 2007, though. Actually, much worse. Everything is at the you-must-be-an-idiot-to-buy-at-that-price level.
Click to expand...
Absolutely. We've been here before, there was a classic car price crash in about 1992. Things like E types, and you have to remember that these were only 20 or 25 years old at the time, were the price of a decent house. Then they halved.
 
stevec67 said:
Absolutely. We've been here before, there was a classic car price crash in about 1992. Things like E types, and you have to remember that these were only 20 or 25 years old at the time, were the price of a decent house. Then they halved.
Click to expand...
Did they? Halving this time wont be enough, though, needs to be two thirds or even three quarters.
 
Trouble is rare cars are only going to get rarer so price crashes at this point are highly unlikely. They aren't making any new ones so there's no reason for an original, mint road going Group B homologation model to suddenly drop by 3/4 of it's value.
 
richgilb said:
Did they? Halving this time wont be enough, though, needs to be two thirds or even three quarters.
Click to expand...
Don't worry they more than halved in the 90's so this bubble, like every other bubble, will burst at some point. There is also a demographic effect with automobiles and as more and more young people don't drive, the desire for these things will fall away; a bit like two channel audio!
 
Snufkin said:
Don't worry they more than halved in the 90's so this bubble, like every other bubble, will burst at some point. There is also a demographic effect with automobiles and as more and more young people don't drive, the desire for these things will fall away; a bit like two channel audio!
Click to expand...
Not sure about that, the need to drive exists outside of London, all my sons peer group have passed their tests.
 
I think the late 80's early nineties crash in the classic car market happened in a completely different climate to what we have now.

I was earning my money in that exact field at the time and witnessed it first hand, before resuming with my engineering company when the bubble burst.

I think the likes of E Types were incredibly over priced for the time and people knew it, it was the guys who had 40 or 50 of these (and similar) in stock at the time that were crucified by it. Those prices were in reality higher than what they are now,

As for now it's a different business, the classic car market is nothing like what it was and has spread massively in the in between years.

We had maybe 2 National classic shows a year and a few exclusive auctions and nothing like the exposure and interest the market has now thanks to the internet and social media. It is also now not just exclusive for a certain small minority, it is enjoyed and participated in by millions world wide.

Also the days of high savings rates and expensive mortgages are over, I believe for good, and people who come in to money, probably people who are first to inherit in a family wonder what to do with that money..........buy 100k of premium bonds for him/her and their spouse or maybe buy a classic and enjoy the vibrant social scene that can come with it.....if you want it.

I think the market is big enough to survive with ease, if it were to crash it'd have well done so by now.
 
richgilb said:
bargain
Click to expand...

For me, the prettiest Group B car, and based on the prettiest hot hatch ever. Saw one on the road just once, a few in rallying, and a handful in rallycross. I’d have one in an instant if I could fit in it, as well as afford it. (Sat in a Delta S4 once, couldn’t get my toes to touch the pedals, ffs)

I struggle to understand Escort RS Turbos going for £30-65k, and those awful Capris doing £15-30k easily. But I suppose the clever people are buying the right Renault Sports etc and sitting on them.

I’ve vern lucky with my 50th birthday watch, and it costs less to run! If it’s ever worth my remaining mortgage, it’ll be gone.
 
I think you mean Escort Cosworths Tony but I agree with your thoughts on that particular car, as you say they baffle me at the moment where they are rocketing for a 90's motor and not the best looking Mark of Escort there's been.

I disagree on the Capri thoughts though, I rate them highly and would love to find an original 3000E or GT hiding somewhere:D

As for the Renault, bugger I can't find it now but a Turbo2 hit the market last week at eye watering £££s.

Yes, that is the trick though and what everyone is double guessing.....what is the next thing to join the classic ranks and explode in price.
 
@kennyh

Nope, RS Turbo.



And one sold at Kings Lynn auctions about two years ago for £64k, although that was the earlier model.

Capris were a horrid drive for me. But that’s not the driving force behind these prices!
 
You must log in or register to reply here.


advertisement


Back
Top