Seriously?

[Moomoo]

Originally Posted by 360beast

It needs the windscreen removing for rust repairs and plenty of rust elsewhere on it never mind to make it immaculate it would need a full respray, what an absolute joker.

I was looking at the yellow V8 240 again earlier, is it just me or does the scuttle in the engine bay appear to have had several patches welded in to it? I can't see properly on a phone.

Looks like it!

[nickbw898]

My Dad used more oil than gas in his Ford Falcon travelling from Waga Wags to Perth! It's the Kangeroos that take you out.

[kiloran]

Originally Posted by 360beast

It needs the windscreen removing for rust repairs and plenty of rust elsewhere on it never mind to make it immaculate it would need a full respray, what an absolute joker.

Looks like it really needs a complete strip, dip, paint, and rebuild. And then what's the point? LHD, not on original engine. It's just a rusty old Volvo, they're not yet that rare to be worth saving.
The only way he's going to get that money for it is someone's grandad had one just like it and they've got fond memories of popping to Blackpool for ice cream and donkey rides in it.

[foggyjames]

Well it's a 242...that means it's in a whole different league compared with any 244/245...but it's still vastly overpriced now, IMO.

cheers

James

[Dippydog]

Price guide in this months Practical Classics magazine give prices for 244/245[from '74-'79]as £5250 dealer,£3650 cond.1,£1750 cond.2 and £750 cond.3 while 240['78-'93 are £6250,£4500,£2000 and £750 respectivvely.

[Laird Scooby]

Having watched the price guide in PC for many years now, i've come to the conclusion it really only is a guide and not even a close approximation to most prices. Not only that but there are many model designations they get wrong, many performance and/or economy figures that are completely wrong and for many cars, the prices are either way too over-optimistic or vastly undervalued.

With this in mind, i think the values offered by Alan and the premium for a Historic class car are more in keeping with the real values of the 240 series at present. As always there will be anomalies that don't quite fit the prices given, to that end the word guide is very much the operative word. Much like the fuel gauge in your car - it is a gauge, not an instrument. An instrument will be fairly accurate by definition, a gauge is is a gauge - a guide to the approximate contents of the tank.

Short version of the above, Alans guide is closer to the real world than the PC guide!

[Dippydog]

I agree LS it is but a guide not a definitive price-in the case of the 2xx cars for instance they lump the estate and saloon in the same category.From a personal perspective I put no premium on "historic" status[granted there are many that do]and I'd certainly never buy a car without a proper MoT on it for much more than scrap price.

[Laird Scooby]

Originally Posted by Dippydog

I agree LS it is but a guide not a definitive price-in the case of the 2xx cars for instance they lump the estate and saloon in the same category.From a personal perspective I put no premium on "historic" status[granted there are many that do]and I'd certainly never buy a car without a proper MoT on it for much more than scrap price.

That was exactly my point, they are only guides but some are closer to the real world than others. Usually there is a premium for the estates as well, most people are willing to pay a premium for Historic status and a recent MoT pass is always useful when buying a car, even an allegedly MoT exempt car.

For long term owners that do their own maintenance, using the self certification thing for the MoT when the car is 40+ years old is fine although i'd still suggest the occasional MoT as not all problems can be seen or picked up unless on the MoT ramp but for someone selling a car, it's virtually a necessity as the buyer doesn't know the seller from Adam (or Eve!) and while Adam (or Eve) might be a proficient mechanic and have maintained the car meticulously, there is no comeback on any defects and the new owner will be liable if stopped by the police for a defect. If that new owner has taken the sellers word that the car is faultless and therefore up to MoT standard and is using it as such then the new owner is liable for any faults present on the vehicle. At least with a recent MoT, those faults shouldn't be there as they should have been found during the test.

Some sellers seem to view MoT Exemption as carte blanche to sell dangerous cars so it's very much a case of caviat emptor and if i was looking to buy a 40+ year old car, i would still want a recent, valid MoT certificate.

That said, i believe the premium that Historic class vehicles attract is to offset the VED that isn't payable on Historic cars.

[Stephen Edwin]

Originally Posted by Laird Scooby

.... i believe the premium that Historic class vehicles attract is to offset the VED that isn't payable on Historic cars.

I suspect that guess is a significant factor and that some buyers may well be paying more for historic status vehicles, currently but possibly not long term. Someone has posted in the forum mentioning that vehicle taxation must be subject to review in the well known current political and fiscal situation.

*****

re MOT. A 40 or more year old car without a searchable record of independent objective inspections is a 40 or more year old car without a searchable record of independent objective inspections. Someone has posted in the forum that owners of historic status vehicles would be wise to obtain regular inspections.
.... MOT being the usually recognised inspection, as often cited re cars featured in this thread.


******

Stephen


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[Stephen Edwin]

Originally Posted by Dippydog

... I'd certainly never buy a car without a proper MoT on it for much more than scrap price.

Yes.

er .... I wouldn't put it quite like that, but, I would ........ be exceedingly cautious .....

I suspect a number of buyers or their other halves likewise deploy let the buyer beware. Is there really a current historic status premium being paid consistently across all sales? I am not convinced.

Stephen

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