Price guide of 240

[Stephen Edwin]

My previous post was following on the rust point(s) made before I posted.

I haven't fully taken on board the condition of this car. I haven't, grasped, if this would be a trade sale or a true personal sale. And I am not anyway going to guess at price.

I would point out that only one actual money paying buyer is needed to achieve a sale. One buyer might be willing to pay more for a car that has been altered but they can live with the alterations. Another buyer might want immaculate presentation or want a purist approach and pay a lot. etc. etc.

Another buyer might prefer a car that has had ok maintenance &c. and has not been noticeably updated and they might pay hopefully sensible.

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P.S. Worst case scenario I remember having seen. The car had been modified or updated to be a hybrid between two 240 specifications. Sold slowly. Sold again quickly for half that price. Ouch.


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[rustytoba]

Hi,

Id say that what you have is a very honest example, it even has what looks like the original equipment radio cassette.

Arch rust nowhere near as bad as that section near the mud flap but that seems to be the front wing overlap and if your lucky it may not have effected the sill at all.

You could rust convert the rusty bits just to show you still care.

As for price it's just like art cars only make silly money if there are people out there to pay it.

Its a nearly the end of the line white estate with blue trim but original and in decent enough condition and still road legal that will always be worth something id aim for a price that would deter scavengers but not genuine buyers certainly at least £800.

I hope this helps if not encourages my own 240 cost me every spare penny I had when I needed a car but I doubt if find another these days for £240.10

Scott

[Stephen Edwin]

Rusty is right, and eloquent. And for the right buyer and depending on the dreaded estate rear end rust, if there's no problems, £1200 to £1500.


I said I would not guess at price. Sorry. But. If the car is sound, then the right buyer will see a fundamentally sound car to keep for the future.


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[volvo always]

In August 2018 I sold my 1989 240 GLT Auto estate for £500.

Needed a quick sale and my car was a workhorse with various issues. Dirty, Non working heater fan, rusty arches. Mileage 240k. Mot around3-4 months left. Drove well.

New owner had done a good job of replacement rear lights, rebuilt drivers seat, new headlamp reflectors, tidy up of arches. A thorough clean of interior and exterior plus other niggles.
It was lovely to see my old car at the car show and must of cost quite a bit in new parts!

Sold not long after for £1,200 on Ebay with a fresh mot. Was hoping new owner would of got more for him.
It looked great!

The new buyer got a good car.

For real high prices then low mileage and one owner and no issues to get good prices.

James.

[eternal optimist]

Originally Posted by volvo always

......For real high prices then low mileage and one owner and no issues to get good prices....

Exactly. Few owners - and never having had any serious body repairs - it’s all about originality and provenance if you want to get big bucks for the car.

[volvo always]

Originally Posted by eternal optimist

Exactly. Few owners - and never having had any serious body repairs - it’s all about originality and provenance if you want to get big bucks for the car.

Yep.

You need a rust free, low owner/miles garage lived all it's life 240. Plus good history

James.

[Othen]

OP - would I be right in thinking you are in the motor trade?

As you will know then, it will be difficult to sell anything during this lock down. If you want to sell it tomorrow it will be a £400 car, if you can wait until the restrictions are lifted, people get back to work and have some money to buy 27 year old cars that do 25 MPG in their pockets then it will be worth more, maybe £800. If you want to do the work to get it into nice condition (it looks like some welding and of course then some paint) it is probably a £2,000 car, but it might cost you a grand to get there.

...I sort of have a feeling you know all of this already :-)

Alan

PS. If you can afford to keep it another 13 years then the price will go up quite considerably when it becomes tax and MoT exempt.

[mentepazza]

If you have no rush just put on it a silly price, UK is full of fool.
They ll buy it just because the price is silly.
There will always be a first time classic buyer.
I was there myself and bought a 240 bucket of very well hidden rust.
240 reputation is much more than reality.
There is plenty of 240in the same condition as yours. Now with more experience I wouldn’t buy one like that unless it less than 800.
Just DIY job to put it back on the road as it should, it’s time consuming and money. Just a few to mention I have noticed myself over the Years driving and owning a few 240: unbalanced brakes, usually 2 or more calliper to replace, them you’ll change disks and pads as well ( unless new). Abs pump not working.
Steering rack play, they all do it soon or later.
In that condition probably shocks need replacing. Let’s not talk about timing belt end engine...you ll basically spend a fortune to put it back together.
In my experience it worth only if you do it on a car that in the end is gonna worth the money and your time as well because we are all passionate but at some point we get bored and we want to sell our toys. And at that point you want to make as much as possible.
I rather pay 2 Or 3 grand for a 1993 240 well looked after than restoring one.

[240bus]

Morning all and thank you for the responses.

Looking through all the advice it looks like in my position it will be best to clean it up and then see what the market offers. I don’t have the ability to do any of the bodywork and realise for a decent repair it will be costly at a body shop.

I would have kept this but usual old story of time and space makes me realise I would be better putting the funds of this towards a toy that might not be in need of the bodywork.

Thank you for the guidance

[Othen]

Originally Posted by 240bus

Morning all and thank you for the responses.

Looking through all the advice it looks like in my position it will be best to clean it up and then see what the market offers. I don’t have the ability to do any of the bodywork and realise for a decent repair it will be costly at a body shop.

I would have kept this but usual old story of time and space makes me realise I would be better putting the funds of this towards a toy that might not be in need of the bodywork.

Thank you for the guidance

Good fortune.