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Seriously?Views : 842700 Replies : 6340Users Viewing This Thread : Laird Scooby, Steve 940 |
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Apr 19th, 2022, 11:11 | #1621 | |
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I wonder whether that Volvo 240 estate came as a result of one? :-)
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Apr 19th, 2022, 12:14 | #1622 |
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I think the 245 was the house clearance Alan!
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Apr 21st, 2022, 07:27 | #1623 |
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I just looked at that 245 ad again Dave, and I wonder whether it is worth anything more than scrap or spares (and lots of those are missing). Sometimes it is probably best to let go.
:-( Alan
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Apr 21st, 2022, 11:23 | #1624 |
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Someone with more enthusiasm than realism might take it on as a very brave (or stupid) restoration.........................
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Apr 21st, 2022, 12:00 | #1625 | |
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If 240s become really rare (perhaps like Amazons are now) in 15-20 years time the numbers may make sense then. :-( Alan
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... another lovely day in paradise. Last edited by Othen; Apr 21st, 2022 at 12:03. |
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Apr 21st, 2022, 13:22 | #1626 | ||
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The real values are yet to climb to the stratospheric levels of the Amazon and (although not quite there yet) the 140 series. The 240s time will come no doubt, as will the 740 too but for now, the values of both are currently climbing out of the doldrums, the 240 is a few years ahead of the 740 for the simple reason it was made earlier so has a head start. However, someone may view that 240 simply as being "an old Volvo and therefore valuable" and sink wads of £££££ into it in the belief they would at least double their investment. Maybe with an Amazon or a 140, you could buy it for say £500, do all the work yourself to weld it, refresh the bodywork, respray it, interior, engine and other restorative works and it would be worth somewhere in the region of £6-8k. By doing all that work themselves, taking into account the parts/materials used they might make £1-2k profit but more likely just break even. With a 240, at the present time, they'd struggle to even break even. With a 740, you'd be waiting several years to come before break even would happen. Maybe if the buyer/restorer wants to use it for 10 years give or take then they could potentially sell at a huge profit and having had the use of it for that time as well, amortise the purchase and restoration costs over that period giving them 100% profit when they sold. Perhaps i'm viewing it from a different perspective to you and others, some undoubtedly will view it as "It's a Volvo, it must be saved if at all possible", others will view it more basically as in not financially viable to do anything other than scrap/spares mule it now and i'm sure there are others who have a totally different vista of the entire shooting match!
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Apr 21st, 2022, 15:11 | #1627 | |
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https://www.ebay.co.uk/itm/125254141...MAAOSwQJdiVHSF ... there are more 140s left, so okay ones are on sale at £4,750: https://www.ebay.co.uk/itm/154937198...EAAOSwE4FiTsAv There are loads of 240s remaining, so rough ones can be had for under a grand an pretty good running and riding ones for £3,700: https://www.ebay.co.uk/itm/203911132...oAAOSwq9liVSZO There are shed loads of 740s still around, so neat and tidy motor cars can be picked up for £1,550 or so: https://www.ebay.co.uk/itm/194984883...IAAOSwgiZiXFpZ The examples were just a few I found from today's eBay Dave. There is always be people trying to hawk 240s for 10 grand, 740s for £7,000 and Amazons at 25 thousand, but the ones I found in a minute or two are pretty indicative. I like 240s because they are so accessible. The RB is the perfect example, I bought it quite cheaply, have spent a bit of money and a huge amount of time on it, the motor car is very well sorted now and is worth much more than I paid for it. I still would not be retiring to live on a yacht in Monaco if I sold it though :-). Alan
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Apr 21st, 2022, 18:01 | #1628 |
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The example of a745 you highlighted is a bit of a peach, good job I’ve nowhere to put it!
I had D616TFR, its twin, loved it It’ll be a great entry to Volvo ownership for someone. £2750ish?🤔 Last edited by Moomoo; Apr 21st, 2022 at 20:13. |
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Apr 21st, 2022, 20:45 | #1629 | |
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Alan
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... another lovely day in paradise. Last edited by Othen; Apr 21st, 2022 at 20:56. |
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Apr 21st, 2022, 21:11 | #1630 | |
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I’d buy it!👍 |
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