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Author Topic: For the Love of Cars - up for auction at Coys  (Read 4980 times)

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Field Marshal Dr. Opti

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Re: For the Love of Cars - up for auction at Coys
« Reply #15 on: 01 June 2014, 22:56:53 »

The only car with a 'real world' price was the Staaaaagggg. :y :y

The Escort Mexico was simply a MK1 Escort with a 1600 Cortina lump in it.

How does that make it worth £20,000? :o :o :o :o


Well, a Mexico is actually a twin-cam with a 1600 Cortina engine, and so uses a lot of bits that weren't on ordinary Escorts. RS2000s are more of a decent spec Escort with a Cortina engine.

And the price? A mate has just sold one of his mk1s, that he took off the road 23 years ago and started fitting a Starion engine and gearbox to. It looks quite tidy from the outside, but has the tunnel cut out, and a couple of crudely fitted floorpans(I can own up to that, the first time I'd done that sort of work). He got £4700 for it, so a good, genuine £20k Mexico with a fresh Harris engine doesn't seem too outrageous to me.

But how does that justify a £20,000 price tag? :( :(.
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Mr.OmegaMan

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Re: For the Love of Cars - up for auction at Coys
« Reply #16 on: 01 June 2014, 23:18:08 »

The only car with a 'real world' price was the Staaaaagggg. :y :y

The Escort Mexico was simply a MK1 Escort with a 1600 Cortina lump in it.

How does that make it worth £20,000? :o :o :o :o

The car variety ::) ;D

Wow, So many possibilities and a Ford Escort for 20k wouldn't be one of them.. a VXR8 comes to mind though.. But if it has to be a classic it's an easy choice Lotus Carlton  :y
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Re: For the Love of Cars - up for auction at Coys
« Reply #17 on: 02 June 2014, 06:00:13 »

The only car with a 'real world' price was the Staaaaagggg. :y :y

The Escort Mexico was simply a MK1 Escort with a 1600 Cortina lump in it.

How does that make it worth £20,000? :o :o :o :o


Well, a Mexico is actually a twin-cam with a 1600 Cortina engine, and so uses a lot of bits that weren't on ordinary Escorts. RS2000s are more of a decent spec Escort with a Cortina engine.

And the price? A mate has just sold one of his mk1s, that he took off the road 23 years ago and started fitting a Starion engine and gearbox to. It looks quite tidy from the outside, but has the tunnel cut out, and a couple of crudely fitted floorpans(I can own up to that, the first time I'd done that sort of work). He got £4700 for it, so a good, genuine £20k Mexico with a fresh Harris engine doesn't seem too outrageous to me.

But how does that justify a £20,000 price tag? :( :(.

That's about right. A mate had his Mexico burned out on the M1 and the insurance company offered him 21k cash or 20k plus the remains of the car. Don't forget, a Mexico is no ordinary mk1 Escort - there is very little changed from the actual rally car that it inherits its name from. They're quite special. Also, classic Ford prices are generally much higher than most other marques in the same class.
« Last Edit: 02 June 2014, 06:04:11 by humbucker »
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Re: For the Love of Cars - up for auction at Coys
« Reply #18 on: 02 June 2014, 12:25:00 »

Indeed, if the Escort had the BDA twin cam engine, or one of its' successors in the series, then £20K for the engine alone probably wouldn't be considered outrageous by some if it was freshly rebuilt.   :o
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Re: For the Love of Cars - up for auction at Coys
« Reply #19 on: 02 June 2014, 17:47:40 »

Why were they so pleased they didn't take the cash offer of £37k before the auction for the delorean (hideous) when the hammer price was £40k which after commission and vat was surely less than the pre-auction cash offer.
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Re: For the Love of Cars - up for auction at Coys
« Reply #20 on: 02 June 2014, 19:08:34 »

Why were they so pleased they didn't take the cash offer of £37k before the auction for the delorean (hideous) when the hammer price was £40k which after commission and vat was surely less than the pre-auction cash offer.

£40k for a loose collection of stainless, plastic and self tappers? :o

That is bonkers. ;)
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Re: For the Love of Cars - up for auction at Coys
« Reply #21 on: 02 June 2014, 19:15:22 »

Why were they so pleased they didn't take the cash offer of £37k before the auction for the delorean (hideous) when the hammer price was £40k which after commission and vat was surely less than the pre-auction cash offer.

£40k for a loose collection of stainless, plastic and self tappers? :o

That is bonkers. ;)
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Re: For the Love of Cars - up for auction at Coys
« Reply #22 on: 02 June 2014, 19:32:05 »

With the UK £375bn on QE and the US with over $3tn all this money has to go somewhere, which is why there are bubbles forming in London property, UK, US shares and many collectables. With US tapering already leading to gradual market corrections and China heading for a possible dept induced hard landing, I'm sure many collectors are going to be nursing losses in the not too distant future. ??? ??? ???
« Last Edit: 02 June 2014, 19:33:47 by Rods2 »
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Re: For the Love of Cars - up for auction at Coys
« Reply #23 on: 02 June 2014, 22:29:24 »

Must have a hunt through my gagage - probably got enough spares to build an early Cooper S - certainly need a bodyshell though :) :)
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Re: For the Love of Cars - up for auction at Coys
« Reply #24 on: 02 June 2014, 22:36:11 »

Why were they so pleased they didn't take the cash offer of £37k before the auction for the delorean (hideous) when the hammer price was £40k which after commission and vat was surely less than the pre-auction cash offer.

My thoughts exactly...... :y :y
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Re: For the Love of Cars - up for auction at Coys
« Reply #25 on: 02 June 2014, 22:38:35 »

With the UK £375bn on QE and the US with over $3tn all this money has to go somewhere, which is why there are bubbles forming in London property, UK, US shares and many collectables. With US tapering already leading to gradual market corrections and China heading for a possible dept induced hard landing, I'm sure many collectors are going to be nursing losses in the not too distant future. ??? ??? ???

Same happened in the early 90's classic car prices fell through the floor.............. ::) ::)
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aaronjb

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Re: For the Love of Cars - up for auction at Coys
« Reply #26 on: 03 June 2014, 13:20:52 »

I have to go against the grain and say I quite enjoyed this series.. I'm impressed how much they sold for, too, though I wonder how many of the buyers were found by the production company!

So, who wants to hunt down a knackered Mexico with me and sell it on for a huge profit? Or a DeLorean.. ok maybe not the latter, I'd be too tempted to keep it (I know, I know, it's a woeful car but..)


Did anyone notice the Dax trailer outside when Phil wotsit was draped over the Mini in the workshop?  Apparently Dax are entering into some partnership with Evanta cars (run by Ant, the other one on the show) to produce replicas of some form..
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Kevin Wood

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Re: For the Love of Cars - up for auction at Coys
« Reply #27 on: 03 June 2014, 14:10:24 »

Anything remotely Escort Mk 1/2 shaped costs a ruddy fortune these days, unfortunately. Even if the only thing that hasn't rotted away is the log book!

The trick is to pick the classics of tomorrow. I suppose a De Lorean would have been a good bet at one time. I wonder if you could fit a X30XE in place of that godawful French donk? ::)
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aaronjb

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Re: For the Love of Cars - up for auction at Coys
« Reply #28 on: 03 June 2014, 14:16:58 »

Ah but if you did something like that... it would probably have lost its value ;)

It seems LS swaps have been done, though: http://ls1delorean.blogspot.co.uk/

How that doesn't tear the geriatric chassis apart, I don't know ;D
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Re: For the Love of Cars - up for auction at Coys
« Reply #29 on: 03 June 2014, 15:22:01 »

Ah but if you did something like that... it would probably have lost its value ;)

It seems LS swaps have been done, though: http://ls1delorean.blogspot.co.uk/

How that doesn't tear the geriatric chassis apart, I don't know ;D

It's a Colin Chapman chassis. 5 BHP more and it'll fall apart horribly!
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