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Apr 6th, 2021, 11:11 | #491 | |
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https://www.ebay.co.uk/itm/1989-Volv...53.m1438.l2649... but then that one is £9,000, and has been for sale forever - if not longer). Not a car for me - I prefer the RB approach (and it saves 2-3 grand).
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... another lovely day in paradise. Last edited by Othen; Apr 6th, 2021 at 11:18. Reason: Grammar. |
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Apr 6th, 2021, 12:34 | #492 | |
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Likely to take a long time to sell at that price regardless...................
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Apr 6th, 2021, 12:43 | #493 | |
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... it will take a very long time to sell a 30 year old 240 with 200,000 miles at £9,000! :-)
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Apr 6th, 2021, 13:14 | #494 | |
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Mercenary git, aren't i! Joking aside though, it's not the done thing and ultimately just makes the seller look bad.
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Apr 6th, 2021, 20:45 | #495 | |
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Apr 6th, 2021, 23:45 | #496 |
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Doesn't surprise me Alan, if it's a genuine Thor Limited Edition then it's worth a fair whack and also desirable to those in the know.
Hopefully we'll see it reappear on here sometime soon!
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Apr 7th, 2021, 05:53 | #497 | |
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I think what one may conclude is that historic vehicle status is worth rather more than I had previously estimated; I'd thought 30-50% extra, but now I think it is more, probably 50-100%. I see this with other cars as well, not just 240s.
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Apr 7th, 2021, 09:35 | #498 | |
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I'm not sure historic status is such a big thing on the value, certainly an uplift but i'd suggest somewhere in the region of 40-80% bearing in mind the values of almost all pre-2000 vehicles has been on a steady rise for some time now. I suspect that may be Kung Flu related where people can no longer afford PCP cars and are going for the next best thing, one likely to go up in value rather than cost them money each month to have sat on the drive.
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Apr 7th, 2021, 10:25 | #499 | |
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I offer only armchair evidence from eBay, Car and Classic and so on that suggests ordinary cooking 240s that are post historic still make ordinary cooking money - like the red estate ('time capsule' car) that the owner placed a shill bid on a few weeks ago. That car still hasn't attracted a bid at £1450 with 2 days of the current auction to go. Other (armchair) evidence is the body of overpriced (in my humble opinion) cars that never sell, they just keep getting advertised in different places. Examples would be the blue 1988 GLT at £6,000 and the red 1989 estate at £9,000. To me these are just well used 30 year old cars that are too inefficient to be used as commuters and so should be worth £1,500 to £2,500. The restored red 1989 estate is probably worth a bit more, but I really do wonder at the efficacy of fully restoring a car that is only 30 years old. Where I have changed my mind in the past few weeks that I have been watching the market is historic cars. The lure of tax and MoT exemption is greater than I had appreciated, and so those cars almost invariably sell quickly and for more that I'd have thought. Even the nasty brown car might sell one day when it reaches 41 years old (although I still think anyone that paid £3,000 for such a rough car would be a fool). I suppose I should not have surprised myself so much with this discovery, it was after all one of the reasons I bought the RB. In my eyes there is something quite cool in having a 40 year old car that is modern enough to drive every day (all be it not efficient enough to use as a commuter) sitting on the drive that I don't have to pay the government any more tax on. By the same token: if I find that attractive then I suspect others would if I ever offered the RB for sale, and hence it would command a much higher price than a non-historic car. I think if the black Thor car had been a 1988 model (I know, that would not be possible with a Thor model) it would have struggled to make £1,500 as a non-runner - but qualifying as an historic car meant it cruised to nearly £4,000. As you might tell Dave, I've got a lot of time on my hands: I've been off sick for a couple of days (I think I poisoned myself with something from the fridge - probably some sausages that were quite a long way past their best). Chatting about Volvo 240 cars helps pass the time as I wait for my body to fix itself :-(. Alan
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... another lovely day in paradise. Last edited by Othen; Apr 7th, 2021 at 11:02. Reason: Grammar. |
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Apr 7th, 2021, 10:53 | #500 |
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I thought or knew the black car would sell.
It benefited from a coming together of several aspects. It ticked boxes of what I would most prefer to buy. If I had space and time. Various buyers having different criteria is an important aspect of supply and demand, sales and purchases, and prices. Stephen .
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