Classic car weekly

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D16PJM

Member
I was just reading the article on buying a rover P6 and was wondering where they get their info from, they state that a concourse P6 should be in the region of 5.5K but have seen cars on ebay demanding higher values, do they ask owners clubs for advise, also does this now mean increase in demand meaning increased values which is hopefully good for current owners.


Pete
 
Increased values are only good if you plan on selling your car, which I don't.

I would imagine they have a look at what cars are selling for when they make a judgement on price. I'm sure if they contacted one of the P6 clubs they'd get am appropriate answer based on current valuations.

Dave
 
I am not planning on selling mine either, been out in it today and looks lovely in the sunshine.

I thought that 5k for a concourse example seemed a little low, value wise I would like to think they will increase as that then makes people want to repair them instead of scrap or break them although the flip side of this could be an increase in parts prices.
 
You would't get mine for £6k if it were for sale!
The S1 that is!
You might squeeze the S2 out of me for that though!
Nor I suspect could you get any of the very best P6's out there for £6k!
Especially now the top cars are finally hitting the £10k mark!
 
It irritates me when people ask me if my car is for sale. Thankfully it doesn't happen very often.

Ethel was on a stand once at Event City and while I was away from the stand someone really, really wanted to buy the car.

The RP6C co-ordinator refused to accept a business card from the would-be buyer to pass to me on the basis he knew me too well and the car was not for sale at any price.
 
I agree, I doubt I'd sell Beryl. I never wanted to give up on Rolly (RIP). But the higher values have a couple of positive affects.

(1) The cars are worth more in good condition. This means that more people are willing to invest greater sums of time and money into proper restorations. They are less likely to end up on the scrap heap or the stock car track.

(2) Higher values mean that if you have an accident in the car your insurance company is less likely to write off the car due to uneconomic repair costs.

But at the same time I can see folks like us who have supported the cars for years being priced out of the market in the future.

On a side note I went to get Beryl's tank topped up this weekend. In NJ we have to let a pump guy fill the car (it's one of those archaic laws here). The lad at the pump first asked me if she was a muscle car! I said 'Noooo, far superior!". He asked what she was worth and I told him about $7k for an excellent one. He was shocked at how low they are priced at. I told him it was because no one knows what they are here.

I'll stop rambling now.
 
Oddly, Classic Car Buyer have a P6 buyers guide in this week's edition too.

Do we sense a recent increase in overall interest in the P6?
 
Johnny E said:
Oddly, Classic Car Buyer have a P6 buyers guide in this week's edition too.

Do we sense a recent increase in overall interest in the P6?
Click to expand...

Considering the efforts we've gone to over the last year to get P6s in the press where ever we could, this can only be a good thing..

Can't comment on the articles, as I haven't read them yet, however, I certainly wouldn't agree with 5.5k for a concours car though.
 
I'm considered strange (yeah I know :LOL: ) by my friends, in that I change my classic cars every 3yrs. I have followed this rule for too many years now and never varied, I've had cars from the 30's,40's,50's,60's,70's.

My V8 is on borrowed time as I bought her in 2010, and now the Mk1 Escort is back from the paint shop, time for a change soon. I'm fancying a convertible, so many cars, so little time.

I cannot sell the Escort as it was my sisters, then my nephews, then my sons, and now mine, but I'm merely the current family custodian.


John.
 
John said:
..I change my classic cars every 3yrs. ...
Click to expand...

That sounds perfectly sane to me (hardly an endorsement I know) - it makes sense.

Many people swap their cars every 3 years - why should someone who is into classics be different? :D

The reason I don't part with my cars is because I only go for the P6B - I don't want to try any other kind of car so there's no point in getting rid of a known good car to get an unknown car in its place.
 
With mine I want to keep it because I know the original owner and it's complete history. It's rather cool to know all that.
 
I like to keep cars for as long as I can. It's always a wrench when I get rid of one as I put so much into them. Even when I've owned a relatively modern (eg 5 year old) car I've struggled at part-ex time. My rule of thumb is that if it costs more than the car is worth to replace all 4 tyres it's time to go :LOL:

Sale price and insurance valuation are not necessarily linked as the insurance valuation includes an element of buying another car and getting it to the same condition if it comes to a write-off. I guess the cost of parts is more a factor in that. It is nice to see good cars fetching upwards of £10k but the increase in value also comes with an increase in the risk of people trying to tart up a rot box to sell to the unwary buyer. Important in that respect that we as a community continue to monitor the sale of these cars wherever they pop up.

Dave
 
harveyp6 said:
http://www.carandclassic.co.uk/car/C516463

Somebody have a word with him about those interior door handles......
Click to expand...


Shhhh. Don't shout or everyone will want them like that :)

Seriously - this confused my passengers before I swapped the interior of my flying blue turd - it had S2 door cards with S1 interior door handles - a proper bodge.
 
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