Cosworth RS500

https://www.thesun.co.uk/motors/27948441/ford-cosworth-stored-conditions-sells/

Blimey 350k :o

Your next problem is do you drive it or just look at it for the next 40 years :?

For the selling price I would have at least wanted delivery mileage :)

Tim.
 
And there was me thinking that bubble had burst!

I know of KGF in Peterborough. Biggest bunch of sharks you are ever likely to meet IMO. :(
 
Imagine paying 20k in 1987 and realising 330k profit today, not a bad return :) but I guess as an owner you never really had any enjoyment from it :cry:

I wander what profit KGF made.

Tim.
 
One went in an auction last year for £592,000.

I don't understand the value people see in old fast Fords.

With the way log books and VIN for old Fords are traded the likelihood of buying a genuine car can't be that high.
 
Beerman said:
One went in an auction last year for £592,000.

I don't understand the value people see in old fast Fords.

With the way log books and VIN for old Fords are traded the likelihood of buying a genuine car can't be that high.

I guess it's simply the rarity, most were bought to be used or raced and have simply fallen by the wayside or languishing in a garage in a pile of rust.

I would have thought a car fetching that sort of money has the provenance to back it up.

Chap I know has an Escort Cosworth 4x4 Lux with 23k on the clock. Sits in the garage all polished up and never sees the light of day. One sold last year with 25k on the clock for £75000.

Tim.
 
330k profit less storage costs and maintenance to keep it in mint condition for 37 years... not the most incredible return over such a long period.

If you'd put that 20k into Amazon shares just 20 years ago you'd have nearly 2 million by now...
 
tiglon said:
330k profit less storage costs and maintenance to keep it in mint condition for 37 years... not the most incredible return over such a long period.

If you'd put that 20k into Amazon shares just 20 years ago you'd have nearly 2 million by now...

Shares are a bit dull though :lol:

Tim.
 
Beerman said:
I don't understand the value people see in old fast Fords.
It's all about nostalgia for people of my age (mid-late 50s). These were the cars teenagers and 20-somethings wanted but couldn't afford. Now they have a few quid in the bank and want to re-live their youth.

I had a Mk1 (111) RS Turbo Escort when I was young (the 'proper' white one). They are still fetching silly money if you can find a good one. I would love to have one again, just for nostalgia, but not for £50k plus.

The figures these cars are going for are mental. Problem is in 20 years time when 'my' generation are too old or dead, the values will plummet IMO. Look at the market for early 20th century veteran cars, now. They are worthless, generally, as the generation who loved them are gone and they are not relevant to the next generations.
 
Pondrew said:
Beerman said:
I don't understand the value people see in old fast Fords.
It's all about nostalgia for people of my age (mid-late 50s). These were the cars teenagers and 20-somethings wanted but couldn't afford. Now they have a few quid in the bank and want to re-live their youth.

I had a Mk1 (111) RS Turbo Escort when I was young (the 'proper' white one). They are still fetching silly money if you can find a good one. I would love to have one again, just for nostalgia, but not for £50k plus.

The figures these cars are going for are mental. Problem is in 20 years time when 'my' generation are too old or dead, the values will plummet IMO. Look at the market for early 20th century veteran cars, now. They are worthless, generally, as the generation who loved them are gone and they are not relevant to the next generations.

Exactly that. When my generation reaches their 50's the Saxo VTS will be worth £50k :rofl:
 
TitanTim said:
tiglon said:
330k profit less storage costs and maintenance to keep it in mint condition for 37 years... not the most incredible return over such a long period.

If you'd put that 20k into Amazon shares just 20 years ago you'd have nearly 2 million by now...

Shares are a bit dull though :lol:

Tim.

Haha true, but so is a car if you never drive it!
 
Beerman said:
One went in an auction last year for £592,000.

I don't understand the value people see in old fast Fords.

With the way log books and VIN for old Fords are traded the likelihood of buying a genuine car can't be that high.

Thing is RS 500’s are easier to spot if they’re genuine as pretty much any other car Beerman, a quick look at the battery tray and injectors is all it takes to make you walk or talk on it, so many other areas point to originality too, and with the rarity and expense of parts you don’t see copies that really get the head scratching. There’s a guy called Paul Linfoot in North Yorkshire who is probably the worlds most knowledgeable guy on RS 500’s and anyone that can afford one can afford to pay him a day to look at a car if a potential owner isn’t 100% confident themselves, so it’s very very difficult, nigh on impossible to fob a standard cossie off as a 500.
 
I had a MK2 Escort RS2000 and a couple of 2.8 Injection Capris back in the 80s, so was definitely a bit of a Fast Ford fan.

I always wanted an RS500 in Moonstone but by the time I could nearly afford one in the 90s they were uninsurable. :(

Some years later a mate organised a track day on the Silverstone GP circuit and took 5 cars along including a Sapphire Cosworth in Moonstone that I found really disappointing. It was hard to keep it "on song" with terrible turbo lag, and then after a couple of laps it blew it's head gasket!

His XR4i might not have been as quick but was just so much better to drive.

I've since reached the conclusion that 80s cars were fine in the 80s but I really wouldn't want one now, which is just as well as that RS500 sold for more than I paid for my house in 2022! :o
 
Pondrew said:
Beerman said:
I don't understand the value people see in old fast Fords.
It's all about nostalgia for people of my age (mid-late 50s). These were the cars teenagers and 20-somethings wanted but couldn't afford. Now they have a few quid in the bank and want to re-live their youth.

I had a Mk1 (111) RS Turbo Escort when I was young (the 'proper' white one). They are still fetching silly money if you can find a good one. I would love to have one again, just for nostalgia, but not for £50k plus.

The figures these cars are going for are mental. Problem is in 20 years time when 'my' generation are too old or dead, the values will plummet IMO. Look at the market for early 20th century veteran cars, now. They are worthless, generally, as the generation who loved them are gone and they are not relevant to the next generations.
I had a "proper" white one too Pondy! :D
 
Stevo1987 said:
I had a "proper" white one too Pondy!
:thumbsup: :thumbsup:
Mine was C88 MEG (original number plate from DVLA). Last time I saw it was parked on road on a really horrible estate with flat tyres. That was at least 25 years ago, though.
 
My mate I mentioned above was an insurance salvage buyer and had a stolen/recovered "proper" white one too. Well for about a month until it got nicked while he was in the pub!
 
Back
Top Bottom