Seriously?

[Wagon Sailor]

I think Bob 1967 is talking about Euros, not pounds. Even so, it's still £1.87 ish.





Oh for the wistful reminiscence of fuelling my first car at 6/8 a gallon!

[Bob 1967]

total tax : 51% on petrol and 45% on Diesel .
Excise duty +Vat(23%)+ Nora (2%).

[BicycleBoy]

33,000 mile one owner 145..... very pretty, but £18,500!
https://www.carandclassic.com/car/C1474809
A similar red one didn"t sell for £15k down south a while ago, gotta think there's an upper limit to even the best examples of a model, and these are way over what a 145 is worth, even the best.

What's the absolute upper limit a (historic or otherwise) 240 would be worth, (cooking models only, so excluding Series A replicas)? I know there's plenty of unsold £7-12k adverts about, but who would realistically go North of, say five or six grand...?

[Steve 940]

Ah I saw that one yesterday, and did splutter the cornflakes on the price!

My immediate gut reaction was that its way overpriced.

But then again, if you were wanting a 145 (as I am leaning towards) how much would it cost to get an average one to that condition??? Always assuming it's really as good as it looks in the flesh as it were.

I'm pretty certain the age of people that would want a 145 would probably be in the 50-60 year age range probably for 'sentimental' reasons, we had one as a kid etc. but then aren't all car purchases sentimental? This age demographic will in all possibility have a pension pot that they can perhaps dip into.

If I was selling its worth a punt, but as a buyer, of course you want to pay as little as possible. I suppose it comes down to the usual, it's only worth what someone is willing to pay??

No I'm not willing by the way😀

Cheers
Steve

[Othen]

Originally Posted by BicycleBoy

33,000 mile one owner 145..... very pretty, but £18,500!
https://www.carandclassic.com/car/C1474809
A similar red one didn"t sell for £15k down south a while ago, gotta think there's an upper limit to even the best examples of a model, and these are way over what a 145 is worth, even the best.

What's the absolute upper limit a (historic or otherwise) 240 would be worth, (cooking models only, so excluding Series A replicas)? I know there's plenty of unsold £7-12k adverts about, but who would realistically go North of, say five or six grand...?

Here is something I wrote about 2 years ago, but I think is still useful:

a. Rough cars (anything with barn find in the title, cars needing welding to the sills or rear arches, MoT failures): make less than £1000.

b. Middling cars: 1981 and later cars with 100-200,000 miles, a bit of history (maybe the past decade, the stuff before that is just for interest), a long MoT and no obvious welding or repairs needed: make £1,500 to £3,000.

c. Very good cars: 1981 and later cars with less than 100,000 miles, full history, long MoT and in really good condition make £3,000 to £4,500.

d. Historic cars (1980 and older) will generally make 50-100% more than the above categories.

The above is just my observation of the market, it will not stop people hawking around rough cars for £3,000, mediocre cars for £ 6,000 or very good cars for silly money I don't think they often achieve.

Even though this is 2 years old I still don’t think it is far wrong; perhaps we have seen the odd very good car make over £5,000.

I’d say from experience then that non-historic registered 240s top out at £6,000 - it doesn’t make any difference how good they are, they never sell at more than that. Historic cars are a little different, they make more, but how much more? From my experience with the RB (top of the middling cars or lower part of the very good cars), I’d say the historic factor is worth 50%. That implies very good 244s and 245s will top out at £9,000 - but they would have to be immaculate to achieve that.

We have not really seen 200 series sold prices increase much in the past 3 years, and I rather suspect they may go down a bit if people feel the pinch this coming winter. The £10,000ish 1990ish cars we see advertised now are the same ones being offered this time last year, but it doesn’t stop folk (mainly dealers) hawking them at that price.

I hope that is helpful.

[Othen]

Originally Posted by Steve 940

Ah I saw that one yesterday, and did splutter the cornflakes on the price!

My immediate gut reaction was that its way overpriced.

But then again, if you were wanting a 145 (as I am leaning towards) how much would it cost to get an average one to that condition??? Always assuming it's really as good as it looks in the flesh as it were.

I'm pretty certain the age of people that would want a 145 would probably be in the 50-60 year age range probably for 'sentimental' reasons, we had one as a kid etc. but then aren't all car purchases sentimental? This age demographic will in all possibility have a pension pot that they can perhaps dip into.

If I was selling its worth a punt, but as a buyer, of course you want to pay as little as possible. I suppose it comes down to the usual, it's only worth what someone is willing to pay??

No I'm not willing by the way😀

Cheers
Steve

Good points Steve, we’ll made.

This is (like everything) just about supply and demand. 140s have never had a cult following (except amongst geography teachers) so demand will always be a bit low. The supply side is fairly static: it will increase with the odd barn find coming into the market, and decrease with cars being stolen, catching fire and so on. For 140s supply and demand are fairly well balanced so prices don’t change all that much. Eventually demand may decrease (as it has for pre-war cars) as the generation interested in them for the nostalgia die off (or stop driving).

:-)

[Steve 940]

Ye Gods, its dangerous this 'just browsing' malarkey.

Thought the 145 was pricey, I know off brand Volvo, so apologies, but £70k for a Rover P5b.....

https://www.ebay.co.uk/itm/155115865...QAAOSwllZix~Iq

I recall this one I'm sure having its full rebuild being documented a few years ago in Classic and Sportscar magazine, reg no was I think linked to owners company name???

Anyway, makes one think.....

Cheers
Steve

[BicycleBoy]

Yeah well, chariot of HRH & Maggie, was never going to be cheap...

Satisfy yourself with a 3500 P6, unless your Aristocratic family are willing to help out... My neighbour was tarting this up for the vendor a few weeks ago paint a little bubbly in places but we talked him out of a two-tone respray...
https://www.ebay.co.uk/itm/155097914788
Lovely interior. And a tenth of the P5b.

[BicycleBoy]

Indeed, according to this rag, you could get Maggie's actual P5 for only £45k...
https://www.thisismoney.co.uk/money/...-sell-45k.html
Go down a f***ing treat at the local Conservative Club, if that's your thing.

Get yer beans out:
https://www.silverstoneauctions.com/...isterial-steed

[Othen]

Originally Posted by BicycleBoy

Indeed, according to this rag, you could get Maggie's actual P5 for only £45k...
https://www.thisismoney.co.uk/money/...-sell-45k.html
Go down a f***ing treat at the local Conservative Club, if that's your thing.

Get yer beans out:
https://www.silverstoneauctions.com/...isterial-steed

That would be incredibly cool: Baroness Thatcher's Rover - but what would be even cooler would be Sir Denis Thatcher's Ford Cortina (the one he bought after being told his old Rolls was too conspicuous).

:-)