Some crazy priced NA's around at the moment...

[glen n]

It's hard to put a price on these cars now,they may be worth a lot more to a enthusiast who wants a stock classic sports car to use now and again and keep garages. They may be worth less to the person who wants a car to thrash about .

A mate of mine has a rev 4 n/a import,53k some may even be km,he imported it 10 years ago and most years it does less than 1k dry miles,the car is mint but whats ite worth? Depends who buys it really.

[madbasshunter]

Its a shame that mr2 owners seem to down value mr2's which mean really nice cars get broken sadly. I saw on facebook a really nice v6 is possibly about to be broken. This is a real shame but the only option financially when a tidy rev4 goes for £700 and a nice rev3 £1500 having just had half that spent on it before selling, Alex's rev2 had nearly two grand spent on it having engine conversion etc done and then the best offer he gets is £250 or Richard gets the chance to buy his 200bhp rev3 na back from insurance company (light frontal corner damage) for £350 and finds that people would only give him £450 for it
Surely as enthusiasts knowing what time and money can go into these cars we should be doing the opposite

[2mad]

Over the next few years I can see prices getting higher and higher for mint super low mileage examples. As more and more get broken

Theres alot of money to be made buying a future classic at the right time and waiting for prices to sky rocket


Wish I still had my ford rs turbo s1 non custom

[SonicSW20]

Its a shame that mr2 owners seem to down value mr2's which mean really nice cars get broken sadly. I saw on facebook a really nice v6 is possibly about to be broken. This is a real shame but the only option financially when a tidy rev4 goes for £700 and a nice rev3 £1500 having just had half that spent on it before selling, Alex's rev2 had nearly two grand spent on it having engine conversion etc done and then the best offer he gets is £250 or Richard gets the chance to buy his 200bhp rev3 na back from insurance company (light frontal corner damage) for £350 and finds that people would only give him £450 for it
Surely as enthusiasts knowing what time and money can go into these cars we should be doing the opposite

There's a difference between devaluing and being realistic. Best part of 5k for a Rev3 NA is insane IMO, when you consider you can get an excellent Rev3 Turbo for that.

I am familiar with insurers low balling on MR2's, though thats mainly because the Glass Guide price is low. The original offer for my Rev4 Sonic Shadow was £800. After a lot of back and forth, I got that up to £1700, and no buyback cost.

[Hellbound]

From personal experience with selling cars and being members of various owners clubs, I can say that advertising a car on an owners club forum is not something I'd do. I also wouldn't use them to gauge the value of any particular car.

If the car's absolutely mint you'll get it sold but probably not for what you wanted or what the actual market as a whole thinks it's worth as an investment. Another scenario is if your particular car is modified and the owners forum/audience you're marketing it towards knows your car and the value of work that's gone into it.

Otherwise I'd avoid selling on any enthusiast forum. My new tin top N/A for example, it may get sold over the next few months (depending on my living situation) and I'm not going to be putting it up here! That's not because it's a wrong-un, on the contrary it's totally rust free and a mechanical known quantity. I just know there's not a realistic appreciation for the value of a mid-engined Japanese coupe on here. Why is that? Well I'd imagine if these cars suddenly shot up to the £10k+ bracket, that would price many of us (including myself) out of the 'market'. You can't go tinkering and faffing about (nothing wrong with that - it's what gives us pleasure!) with a car that's fast approaching Cayman/Exige values.

I saw something similar with values of the E30 M3. There was a time where you'd find dodgy examples that were tastelessly modified. That doesn't happen anymore. Same can apply to the lesser E30 325i Sport. People are afraid to mess around with them and take the whole thing a little more seriously.

I can imagine the Mercedes Benz forums were going ape sh*t over the cost of W124's hitting £20k. The types who pay top dollar are people who take care of their cars by having them serviced at specialists as and when needed. They're not people who visit scrap yards and accumulate parts as a hobby.

If the MR2 reaches these lofty heights I'll be priced out that's for sure, but I'd understand why it happened. The MR2 is cheap to run comparatively and does not have a successor. It's got a lovely 80's shape that's no longer cheesy and as a drivers car it commands respect.

My advice is to snap up these sub £2k Rev 5 rust proof ebay specials that pop up now and then, rust proof them and put them in storage. If I wanted to import a JDM tintop N/A similar to mine it would cost me 4 times what I paid. That fact alone is enough to push up the value of my car, in theory.

[jimGTS]

/\

have to agree.

left right and center you see people picking these cars up for cheap money (usually in not the best of condition). and with the help of owners clubs you get help to put it right.
so when you come to sell a lovely car, majority call you up on the price. unless of course it has some rarity or crazy spec.

has to be said, just because people are part of a mr2 owners club, it sure as hell doesnt mean they look after it or its kept well.
i have seen some scraggy examples in my time at shows/meets!

[Race Idiot]

Thats very true seeing as most people here are like 'OH YOU CAN GET A REV3 TUBBY FOR 2GRAND!' and everything else is too expensive.

I wish I was able to find one of these mystic 2grand tubbies, at the time everything in that pricerange looked like an absolute sh1tter.

Even then when I found a car that I liked it still needed a fair amount doing to get it how I wanted.

The fact that the car isnt worth much just makes it easier for me to hold on to it, although mine will probably never be worth megabux due to it not being standard and fairly high mileage.

[madbasshunter]

I think my point is to some people a tidy perhaps modified na is worth as much or more than a turbo not every one wants a turbo, but the consensus on here seems to be you have to have a turbo? I bought my 2 because it had a good shell and paint job knowing to respray my old car was going to cost about £3000. Since owning it I have changed a lot of bits over from my old car like engine,box, shafts hubs brakes etc even windows so there isnt much of the original car left only the good bits like custom lights, scuttle panel etc the interior has all been changed yet I dread to think what you would say it was worth if I put it up for sale?

[2mad]

If you want a car as an investment (to wrap in cotton wool and garage).
You want a mint, 1 owner with full history, stock factory original, low milage.

Wait many years and then cash in



If I had done this with my ford escort rs turbo s1 non custom, my £2500 investment would be worth 8 to 10 grand now..


Try getting that sort of interest from a bank over 11 years

[SonicSW20]

Thats very true seeing as most people here are like 'OH YOU CAN GET A REV3 TUBBY FOR 2GRAND!' and everything else is too expensive.

I wish I was able to find one of these mystic 2grand tubbies, at the time everything in that pricerange looked like an absolute sh1tter.

Even then when I found a car that I liked it still needed a fair amount doing to get it how I wanted.

The fact that the car isnt worth much just makes it easier for me to hold on to it, although mine will probably never be worth megabux due to it not being standard and fairly high mileage.

Who said anything about a 2k Rev3 Turbo? We all know that would be seriously underpriced or a rolling disaster.

[SonicSW20]

If you want a car as an investment (to wrap in cotton wool and garage).
You want a mint, 1 owner with full history, stock factory original, low milage.

Wait many years and then cash in



If I had done this with my ford escort rs turbo s1 non custom, my £2500 investment would be worth 8 to 10 grand now..


Try getting that sort of interest from a bank over 11 years

Aye, difference is the bank is practically zero risk. Speculating on cars is comparatively high risk - with the bank you're not going to lose anything.

[2mad]

True theres a hole lot of hindsight involved in my example .. but people invest in cars every day to make a profit .. its just a case of knowing a future clasic when you see it and having the patience to wait for prices to rise .

I watch alot of wheeler dealers lol, they circumvent the hole waiting part by buying $hiters and doing them up .

[SonicSW20]

I watch alot of wheeler dealers lol, they circumvent the hole waiting part by buying $hiters and doing them up .

And by not including labour / time costs!

[Hellbound]

To follow on from the above comments, I've been gawping at the prices of old 911's and Pagoda SL's for probably the best part of a decade now. The Pagoda has shot up in the last 5 years and 911's are getting really thing on the ground for anything under £15k. Who remembers EVO magazine's special on buying an E30 M3 in Germany for £3k?

More recently I remember looking at a lovely silver manual 993 Carrera that was on sale for £9k with 'high miles' at 140k. That was 18months ago, that car could probably fetch something nearing £20k now. And the greatest thing about 'old' golden era Porsches is that mileage by and large doesn't even matter as these things are viewed as machines that are meant to be used. You could even go as far as to say there's an intrinsic value in having something that's seen a lot of miles and still looks and works as it should.

At the other end of the extreme, price-wise, it's sort of like an old Gullwing SL being sold for silly money despite having been crashed a few times, or an old Ferrari that's covered 250k but nobody cares because it's beautiful. The history and mileage becomes part of the cars provenance, a guarantee of authenticity which shores up the value further.

There will come a time in the next decade where people will simply buy based on paperwork and condition. The actual miles covered won't, for many, be a factor. So bringing things back down to earth, I don't think people will gawp at an N/A that's done 150k. In 2025 we'll all have automated electric cars moving us around. A 'classic' bygone era mid engined petrol track car will be a sought after commodity. Mark my ruddy words!!!

[2mad]

Very eloquent post hellbound , could not argee more


Like I said your better off investing in a car (the right one) than leaving you money in a bank at pi$$ pore interest

[Race Idiot]

Who said anything about a 2k Rev3 Turbo? We all know that would be seriously underpriced or a rolling disaster.

Not exactly in this situation, but i'm sure i've seen that mentioned several times before in other threads. It has come up when people have mentioned highly priced na's before.

Mind you I remember paying about 4k for my first 2 which was a low mileage rev4 na. But that was ages ago, or it seems like it anyway.

[SonicSW20]

Who said anything about a 2k Rev3 Turbo? We all know that would be seriously underpriced or a rolling disaster.

Not exactly in this situation, but i'm sure i've seen that mentioned several times before in other threads. It has come up when people have mentioned highly priced na's before.

Mind you I remember paying about 4k for my first 2 which was a low mileage rev4 na. But that was ages ago, or it seems like it anyway.

Ahh, fair.

I paid £1750 for my Rev4 Sonic Shadow NA in December 2010, plus my old Corsa in px that was worth ~£500, so £2250 total. Prices to seem to have stabilised / maybe even risen a little (scrappage scheme a factor, perhaps?) - I'm picking up a lovely Rev5 Sonic Shadow NA for a little less than that this weekend

[Dianet]

I think that is a bit steep personally. I just picked up a 1998 t-bar turbo, imported on 117 miles, one owner with full service history. 68k miles in great condition for £4k

[Hellbound]

It's hard to put a price on these cars now,they may be worth a lot more to a enthusiast who wants a stock classic sports car to use now and again and keep garages. They may be worth less to the person who wants a car to thrash about .

A mate of mine has a rev 4 n/a import,53k some may even be km,he imported it 10 years ago and most years it does less than 1k dry miles,the car is mint but whats ite worth? Depends who buys it really.

£1750 cold, hard cash. I'll pick her up in the morning!




I'm also daydreaming about a mint, 1999 Celica GT-Four. Escort Cossie and Lancer prices have moved up, it's about time the Celica went the same way. It's even prepped for Anti-lag dammit!!

[Jam]

I agree to some extent that £5K for a rev3/4 NA is a fair amount, but the things it has going for it:

- 1 owner from new in 1995
- Full history/MOTs etc
- all keys
- looks like a new car
- original
- mint interior, look at the drivers seat, no bolster wear
- 84,000 miles in 19 years

Opinions on the car/price will always differ, and ultimately, it's the seller's prerogative as to what he prices the car at. Don't like the price, don't buy it etc.

I just paid £1700 for a very similar car last week, so £5K is way overpriced if you ask me.