Posted By: Anonymous
How desirable is your Coupe? - 13/02/2016 06:42
This is a discussion, I am not thinking I am right or correct, just some thoughts put out there in Coupe land.
There's a trend with Coupe's these days. The ones that are coming up on eBay and the like ... are all needing work. Many descriptions will be fluffed up, using the "soon to be classic' or 'investment for the future' line.... Very few, are honest and even less will have an owner who realises just what work needs doing.
Most cases will be; "I know whats wrong, a mechanic told me, I enquired about the costs; sod that, I'll pass it on"
Trouble is, I feel, is that most these sellers whom have the cars realise that the 'real life' costs to get it any where near a condition that would be of interest to a collector or make them some money from someone seeking a mint example amount into the thousands.
From my experience I would say that this will encroach into the 5000+ mark for most all of them. Take it from someone who knows, and members with great examples; do some maths on what you have spent...
This leaves a situation where you can be honest like the guy on eBay now, or play the 'future' classic line and try and get as much as you possibly can, knowing 'most likely' that you simply cannot afford to pay out for what needs doing.
It also leaves a situation where the real cost for a great coupe does amount to £4-16,000. There are no short cuts. I feel there really are no bargains anymore. Sure you can buy a £800.00 coupe, but see above!
We could also see ourselves as a little lucky at the moment, as values for Coupes (standard) seem to be higher abroad than in the UK presently.
So, back to the thread ... maybe for sellers, it's a case of 'get what I can' and pass the issues on and hope that someone thinks out there in bidding land that "this car will make me a lot of money one day" I'll bid it.
Where does this leave buyers? Well, you either pay for a well cared for car, buy a cheap one and pay the costs to get it where you want it (with most men this will be mint) or hope and pray there is someone selling a coupe who does not really understand what they have and it's been looked after.
The issues these cars have are costly these days. There is no escaping! A neglected car is a neglected car.
I feel we are seeing cars coming online for sale that have been bought, the real costs have been realised, and are now being passed on again, or they've been sitting somewhere, the costs to get it back to scratch are a lot, and owners are seeing that Coupes could well be a classic - Insert £ signs in eyes .... If they were any good the seller would keep, wouldn't they?
No, I really think that the costs to get things back together are known. And they cannot afford to do this or have no real desire to do so.
Whatever happened to genuine reason for sale
It is more important these days for the 'buyer' to be very aware of what the real costs are involved in getting a coupe up to scratch. There are NO bargains!
So, if you want a good one, you must pay or be prepared to pay to restore. One way or the other .... for a good coupe, you will pay!
There also seems to be confusion. Many people wondering, what have I got, what's it's desirability???
There is no 'which' is better coupe presently. You see all sorts of things on the net. Is my 1995 16V worth tens of thousands - No it isn't, is my 20V N/A worth more than a 16V, is my Turbo Plus or LE worth more than a standard Turbo?
The latter of that lot s probably true. For the others, presently, there are no rules and there are no fixed values.
Value comes when someone understands the history, significance of a car model, understands the value of the condition the car is in and appreciates how little work (or how much) that said car needs actually doing to make it mint.
What people sometimes forget is the hassle of doing cars up, it's not just buying parts, it's the fitting, the selection of the right part, organising shipping, sourcing, getting the car to a mechanic, hidden costs upon fitting the part(s). It all ads up and it can be a real ball ache! I think we all agree to this. We don't add any value to this.
Modified cars, most likely, will not attain high values. If you were in the market to buy a Ford RS Turbo, and there were two for sale. Which would you buy, the one with a good history, having been restored to near standard condition or the one that has been modified to hell with a nice body kit, revamped engine and top spec interior (not standard). You'd buy the first one ..... Unless you were looking to buy and not expect any value back in the future.
So now we see we 'maybe' have two kinds of buyer "the one who wants to collect and use it for shows etc., the Garage Queens or the one who wants a Wolf in sheep's clothing and a fun car to use.
The unfortunate situation we have now is as Brilly said in another post, it's 'everyday' coupes that are for sale. The ones that survived pretty well, not the best, not the worst. All needing work! Those coupe's that have never really seen much love, been left on the roadside and problems are now becoming more frequent. Time to off load.
When was the last time you saw a really nice example, well cared for, and had all the work done advertised? Hard to recall isn't it! Really, its tough to see a advert for a great coupe with everything done!
For me, the interesting thing is that Coupes (the really good ones) can be sold without being advertising nationally..... But, the fact remains, that there are fewer and fewer decent examples about.
If your looking for a good coupe these days, you need to think differently about where to get one.
So, this leads us to .... which is desirable, they all are is the answer. But for a collector, which may be hold the most value?
My thoughts, (I reiterate, my thoughts) are like this ... the following cars will command value.
Very desirable
Turbo Plus and LE
Very early 16V (model introduction)
16V Turbo
Desirable
VT6
Probably desirable
Low mileage and mint well looked after 20V N/A or VIS
Mint standard 20VT coupes will also have value and maybe a market for mint standard examples that have some modification for power and everyday use. If all the major work has been carried out.
However, if and when values really rocket. They may do, but may not also. Any coupe in any condition will then command a high price. We are not at this stage yet. We are at the 'get what I can for this future classic' stage....
Thoughts guys?
There's a trend with Coupe's these days. The ones that are coming up on eBay and the like ... are all needing work. Many descriptions will be fluffed up, using the "soon to be classic' or 'investment for the future' line.... Very few, are honest and even less will have an owner who realises just what work needs doing.
Most cases will be; "I know whats wrong, a mechanic told me, I enquired about the costs; sod that, I'll pass it on"
Trouble is, I feel, is that most these sellers whom have the cars realise that the 'real life' costs to get it any where near a condition that would be of interest to a collector or make them some money from someone seeking a mint example amount into the thousands.
From my experience I would say that this will encroach into the 5000+ mark for most all of them. Take it from someone who knows, and members with great examples; do some maths on what you have spent...
This leaves a situation where you can be honest like the guy on eBay now, or play the 'future' classic line and try and get as much as you possibly can, knowing 'most likely' that you simply cannot afford to pay out for what needs doing.
It also leaves a situation where the real cost for a great coupe does amount to £4-16,000. There are no short cuts. I feel there really are no bargains anymore. Sure you can buy a £800.00 coupe, but see above!
We could also see ourselves as a little lucky at the moment, as values for Coupes (standard) seem to be higher abroad than in the UK presently.
So, back to the thread ... maybe for sellers, it's a case of 'get what I can' and pass the issues on and hope that someone thinks out there in bidding land that "this car will make me a lot of money one day" I'll bid it.
Where does this leave buyers? Well, you either pay for a well cared for car, buy a cheap one and pay the costs to get it where you want it (with most men this will be mint) or hope and pray there is someone selling a coupe who does not really understand what they have and it's been looked after.
The issues these cars have are costly these days. There is no escaping! A neglected car is a neglected car.
I feel we are seeing cars coming online for sale that have been bought, the real costs have been realised, and are now being passed on again, or they've been sitting somewhere, the costs to get it back to scratch are a lot, and owners are seeing that Coupes could well be a classic - Insert £ signs in eyes .... If they were any good the seller would keep, wouldn't they?
No, I really think that the costs to get things back together are known. And they cannot afford to do this or have no real desire to do so.
Whatever happened to genuine reason for sale
It is more important these days for the 'buyer' to be very aware of what the real costs are involved in getting a coupe up to scratch. There are NO bargains!
So, if you want a good one, you must pay or be prepared to pay to restore. One way or the other .... for a good coupe, you will pay!
There also seems to be confusion. Many people wondering, what have I got, what's it's desirability???
There is no 'which' is better coupe presently. You see all sorts of things on the net. Is my 1995 16V worth tens of thousands - No it isn't, is my 20V N/A worth more than a 16V, is my Turbo Plus or LE worth more than a standard Turbo?
The latter of that lot s probably true. For the others, presently, there are no rules and there are no fixed values.
Value comes when someone understands the history, significance of a car model, understands the value of the condition the car is in and appreciates how little work (or how much) that said car needs actually doing to make it mint.
What people sometimes forget is the hassle of doing cars up, it's not just buying parts, it's the fitting, the selection of the right part, organising shipping, sourcing, getting the car to a mechanic, hidden costs upon fitting the part(s). It all ads up and it can be a real ball ache! I think we all agree to this. We don't add any value to this.
Modified cars, most likely, will not attain high values. If you were in the market to buy a Ford RS Turbo, and there were two for sale. Which would you buy, the one with a good history, having been restored to near standard condition or the one that has been modified to hell with a nice body kit, revamped engine and top spec interior (not standard). You'd buy the first one ..... Unless you were looking to buy and not expect any value back in the future.
So now we see we 'maybe' have two kinds of buyer "the one who wants to collect and use it for shows etc., the Garage Queens or the one who wants a Wolf in sheep's clothing and a fun car to use.
The unfortunate situation we have now is as Brilly said in another post, it's 'everyday' coupes that are for sale. The ones that survived pretty well, not the best, not the worst. All needing work! Those coupe's that have never really seen much love, been left on the roadside and problems are now becoming more frequent. Time to off load.
When was the last time you saw a really nice example, well cared for, and had all the work done advertised? Hard to recall isn't it! Really, its tough to see a advert for a great coupe with everything done!
For me, the interesting thing is that Coupes (the really good ones) can be sold without being advertising nationally..... But, the fact remains, that there are fewer and fewer decent examples about.
If your looking for a good coupe these days, you need to think differently about where to get one.
So, this leads us to .... which is desirable, they all are is the answer. But for a collector, which may be hold the most value?
My thoughts, (I reiterate, my thoughts) are like this ... the following cars will command value.
Very desirable
Turbo Plus and LE
Very early 16V (model introduction)
16V Turbo
Desirable
VT6
Probably desirable
Low mileage and mint well looked after 20V N/A or VIS
Mint standard 20VT coupes will also have value and maybe a market for mint standard examples that have some modification for power and everyday use. If all the major work has been carried out.
However, if and when values really rocket. They may do, but may not also. Any coupe in any condition will then command a high price. We are not at this stage yet. We are at the 'get what I can for this future classic' stage....
Thoughts guys?