With buyer's and sellers fees I reckon at least £30k.TitanTim said:I wander what profit KGF made.
Pondrew said:With buyer's and sellers fees I reckon at least £30k.TitanTim said:I wander what profit KGF made.
They do find some cracking cars, admittedly.
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.
Dav the wheel nut said:That’s cheap compared to someIMG_5307.jpeg
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...
Ah but the dividends can afford you to pay £350,000 for a Sierra!TitanTim said:Shares are a bit dull though
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.Beerman said:I don't understand the value people see in old fast Fords.
Pondrew said: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.Beerman said:I don't understand the value people see in old fast Fords.
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.
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.
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 had a "proper" white one too Pondy!Pondrew said: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.Beerman said:I don't understand the value people see in old fast Fords.
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.
Stevo1987 said:I had a "proper" white one too Pondy!