CAR AUCTIONS

Ewan

Ewan

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6,810
Phil H said:
Depending on the budget and preference Ewan; there's a Middlebridge which needs work, might also be a 'concours' Middlebridge available, a 6 on Ebay that looks decent, and there's usually a few 5's around (most of which require a fair bit of work). I think the 5 featured on Don Pither's book cover sold not too long ago.

I still fancy another......
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It’s a 6 I’m after, as that is what we had back in the day. That and a Daimler Double Six.
 
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zagatoes30

zagatoes30

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20,935
I think prices have stagnated recently I see a lot of stuff not selling as they don't hit the estimates, I don't think sellers have accepted the slow down yet and hold out for a return but the buyers just aren't prepared to commit. Same here there is an Alfa 3.2 GT the owner originally wanted €11k for, he is now at just under €9k and hasn't had a single viewing or serious lead.
 
williamsmix

williamsmix

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569
zagatoes30 said:
I think prices have stagnated recently I see a lot of stuff not selling as they don't hit the estimates, I don't think sellers have accepted the slow down yet and hold out for a return but the buyers just aren't prepared to commit. Same here there is an Alfa 3.2 GT the owner originally wanted €11k for, he is now at just under €9k and hasn't had a single viewing or serious lead.
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Yes, I think that’s a fair assessment of the situation, we’re moving into more of a buyer’s market. It’s shouldn’t be a problem if you’re selling to buy another car, but if you’re only looking to sell - to liberate profit / maximise cash - it could be disappointing!
 
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Phil H

Phil H

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4,163
Ewan said:
It’s a 6 I’m after, as that is what we had back in the day. That and a Daimler Double Six.
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Nice Middlebridge:
www.carandclassic.com

1990 Middlebridge Scimitar GTE No. 60 For Sale

1990 Middlebridge Scimitar GTE No. 60 For Sale, £18,000...
www.carandclassic.com www.carandclassic.com

Probably sold by now, and needed work, but nice interior:

Or just a basic SE6 spec that's nicely presented (though a bit bright on the eyeballs)

Scimitar 1976 | mysite

www.peterboroughclassiccars.com www.peterboroughclassiccars.com

There's also a blue 6 that is advertised as one of Princess Anne's earlier Scimitars.
 
Ewan

Ewan

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6,810
Nice cars, but a bit strong for me price-wise as a silly (and completely unecessary) impulse buy. I'm trying to keep it within 4 figures.
 
Phil H

Phil H

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4,163
Although there's usually a few under £10k it's like the rest of the classic car market; by the time further dosh has been invested to get a car up to spec you might as well have spent a bit more to start with, and you'll also pay more for a later car that has a galvanised chassis. The Middlebridge cars are getting a bit long in the tooth but imho they were better sorted, more appealing, and will hopefully bring fewer problems.

 
Nayf

Nayf

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2,749
williamsmix said:
Yes, that’s right, it got up to £15k this time. Just before Xmas CCA did a bit better than that with it but it didn’t sell then either. It’s the one reviewed by JayEmm on YouTube so it should have everything going for it …
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It did look good in the metal.
Almost had me tempted.


But then I remembered seeing the end float problem demonstrated to me on a work bench and my car-buying testes retreated to somewhere near Arbroath.
 
williamsmix

williamsmix

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569
Nayf said:
It did look good in the metal.
Almost had me tempted.


But then I remembered seeing the end float problem demonstrated to me on a work bench and my car-buying testes retreated to somewhere near Arbroath.
Click to expand...

What I fail to understand is why folk will pay half a million for a Ford Sierra but they can’t find more than 15k for a Maserati…
 
Nayf

Nayf

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2,749
mjheathcote said:
WTF

Iconic Auctioneers | 1987 Ford Sierra Cosworth RS500-Sold

This 1987 FORD SIERRA Perhaps the finest example of Ford's most desired Cosworth
www.silverstoneauctions.com www.silverstoneauctions.com
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I've written about it here. Delve into the story of that particular car and it's understandable why it was coveted by two people so much. The level of detail with regards to its maintenance has to be seen to be believed. Near US muscle car levels of exacting originality.
www.magnetomagazine.com

Ford Sierra RS500 Cosworth hits near-£600k peak at auction - Magneto

Group A homologation special smashes previous record by a multiple of four – madness or a paradigm shift in tastes?
www.magnetomagazine.com www.magnetomagazine.com


We covered the same arguments on the forum when the Lotus Carltons took off last year. Same rules apply here chaps, plus add genuine motorsport pedigree and Blue Oval obsession. £600k is a lot but not everyone is into the same things. It was my dream car until I discovered square Italian things in 1992, and I was obsessed with them. I used to hate the Testarossa growing up, thinking it was for posers and the Sierra, with a few simple mods (plugging all the injectors in) could trounce it. That's why it's so loved and in demand, it was a car you could aspire to that could wipe elitist Porsche and Ferrari owners' noses in it, especially if you took them to 500bhp.

Of course, you can now buy multiple Testarossas and air-cooled 911 Turbos for £600k, and having driven several Testarossas and 911 Turbos, I love them.
 
Phil H

Phil H

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4,163
Being somewhat old and decrepit I get the whole nostalgia thing and one way or another it's cost me a few quid over the years, and if/when Camelot finally smile on me there could be a considerable shopping list to be serviced. I also predate Sierras by quite a margin, so well remember their introduction and subsequent competition work. That said, I simply don't get £600k for a Ford Sierra, not even with such a magnificent provenance. Will it disappear into the hallowed halls of a private collection never to be seen again, or will it reappear in a couple of years from now with a £750k price tag? If it goes into a museum, folk won't want to see it because of what it represents in Ford development history, they'll want to see it because it's the one that made £600k.

I'm not sure that it's a 'paradigm shift in tastes' so much as folk riding the crest of a wave that will ultimately collapse; it's often said about 'cheap' cars that 'if it's too good to be true it probably is', and I think that can go the other way in that these heady values surely can't be sustainable.
 
Nayf

Nayf

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Messages
2,749
Phil H said:
Being somewhat old and decrepit I get the whole nostalgia thing and one way or another it's cost me a few quid over the years, and if/when Camelot finally smile on me there could be a considerable shopping list to be serviced. I also predate Sierras by quite a margin, so well remember their introduction and subsequent competition work. That said, I simply don't get £600k for a Ford Sierra, not even with such a magnificent provenance. Will it disappear into the hallowed halls of a private collection never to be seen again, or will it reappear in a couple of years from now with a £750k price tag? If it goes into a museum, folk won't want to see it because of what it represents in Ford development history, they'll want to see it because it's the one that made £600k.

I'm not sure that it's a 'paradigm shift in tastes' so much as folk riding the crest of a wave that will ultimately collapse; it's often said about 'cheap' cars that 'if it's too good to be true it probably is', and I think that can go the other way in that these heady values surely can't be sustainable.
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I think the £600k is the high watermark for the model (so far) because of what that particular car was. It wasn't a normal RS500 that had done 80k miles and been round a Birmingham roundabout sideways a number of times. It wasn't even a 45k-miler 'nice' one. Not all RS500s are worth £600k now. You'll see some trying to chance their arm, though.

The £1m RS500 will happen though, probably when the Northern Irish one appears.
 
williamsmix

williamsmix

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Messages
569
I'm surprised this Ferrari 360 didn't hit reserve and is now on for a Buy Now price of £47K, surely making it one of the cheapest in the country! Has the downturn arrived or am I missing something with this one(?) This would surely be £60-70K on the forecourt?

themarket.bonhams.com

2000 Ferrari 360 Modena F1 For Sale by Auction

We are delighted to be offering for sale a well ma...
themarket.bonhams.com themarket.bonhams.com
 
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