Cheap P5B coupe

There's a couple of classic car dealers in Surrey who would charge you a lot of money for a nice P5 but not that much !
 
A little under £23,000. that beats the last highest price I heard about which was £15,000. A stunning car & still well under equivalent Mk2 Jag money but I'm not sure he'll realise that price. But if you can afford it & love the cars, who's to say you wouldn't have a punt. It all depends on what other cars are on the market at the same time. Would importing an equivalent car to NZ be better value? Working on £15K you'd have £8,000 to play with but if it was going to work out at roughly the same price, why would you bother?
Moneyed folk are once again putting their funds into good cars as an investment rather than earning nothing with their bank accounts, not to mention having a bit of fun at the same time.
 
The Rovering Member said:
Moneyed folk are once again putting their funds into good cars as an investment rather than earning nothing with their bank accounts, not to mention having a bit of fun at the same time.
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Hi, that is dangerous. I knew a fellow motor mechanic who before the big boom in exotica
who had a Ferrari and a Maserati when they were worth about £5-6k because he liked the
engineering. Prices started to climb and he sold the Ferrari for £20k thinking they cant go
any higher :) When they got to £250-300k he was a bit miffed he'd lost out. So he decided
to capitalise and sell the Maserati and retire. Once he'd done some reseach on the car and
found why it didn't have ashtrays because the first owner was an ardent non-smoker. Argued
with DVLA over the number plate on it, which DVLA didn't know about. By this time the bottom
had fallen out of the market. He was very miffed!! So it is all about timing and having an
asset that has got a defineable value. Which is the case of cars is like jewellery, scrap value
plus artistic value.

Colin
 
I think this time though it is really good cars that are fetching the cash. A large gap has opened up price-wise between good cars & cars that need that little bit of work to make them really good, rather than the whole market being upwardly mobile.
 
Looks to me like someone who has way too much money and wanted to see what his ride would look like in a classified ad. Does not look like someone who actually wishes to sell a vehicle.
 
The Rovering Member said:
I think this time though it is really good cars that are fetching the cash. A large gap has opened up price-wise between good cars & cars that need that little bit of work to make them really good, rather than the whole market being upwardly mobile.
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HI, oh yes I agree. Last time some people had more money than sense and were talking the
value up. Like all bubbles it burst. This time there is not so much money about and people
are picking good solid cars, having learnt to be circumspect.

Colin
 
It really is a nice looking car and I fully understand the price point, had I the cash and were it what it is advertised as I would be sorely tempted.
A fellow Rover enthusiast here in Christchurch has a similar car but to my mind slightly nicer with champagne coloured leather interior in as new condition ( I need to go and visit ocassionaly just to drool over it, the car not the upholstery lol) he paid around half of this price a few years back but even then I felt it was money well INVESTED.
The trouble with comparing UK cars to NZ cars is that the NZ from new cars dont suffer from rust and all those cars that have lived part of thir lives on UK roads and then been imported to NZ always suffer very badly from latent rusting issues and from an NZ perspective are really like buying a case of the black death.

Graeme
 
One of the classic car dealers I refer to above apparently made his money by buting up Mk2 Jags at banger money and holding on to them till the prices rocketed .
 
They're coming out of the woodwork at the moment aren't they? There was a very nice white coupe with black leather on TM a couple of weeks ago for about $24,000. Plus there is that project for $11,000. :LOL:
 
That last one sold very fast on a buy now :mrgreen: wish it had been me that bought it. There are those that are quick and those that miss out! :LOL:

Graeme
 
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