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Best time/method to sell "classic" car


ShiteRider

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thinking out loud here, but would i be bat shit crazy to bang both my cortinas on ebay .......99p start no reserve. They seem to be going for good money at the minute and out of the two i never use the black car and the beige car is suffering the effects of winter. Truth be told i could do with a cheapo shitter for work, and to be fair i'm literally surrounded by cortina related crap (full set of body panels, v6 atlas axle, v6 power steering front cradle, glass, engine parts etc) and the interest is wearing thin.

I'll chuck up some photos and a brief description of each car so you could all give me an idea of value/saleability.

Black car, 83-y reg 2.0 gl was blue now pearl black (should of kept it blue) fully restored with all NOS ford panels (now on white and yellow reflective metal plates, and capri ghia S alloys with new-ish vredstein 185/70x13 tyres) 12 mths ticket. gas shocks, dropped an inch at front, poly bushed front end, electronic ignition, custom made exhaust with 3" pipe 81,000 on the clock, four speed box, original engine in good running order. No filler in it, all steel and lead. Have a look at photobucket album for 300+pictures.

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For best money, ditch those alloys and the 'incorrect' number plates. If I've seen anything recently when it comes to classics fetching good money, it's that the people with the cash want originality - or something modified really, really well. There doesn't seem to be much middle ground.

 

I'd personally pick a brave price and use a free site like carandclassic.com or one of the free-to-advertise weeklies. What really destroys a chance of getting good money is desperation to sell. You don't really need to sell both cars immediately, so take a breather, sell them one at a time and don't rush. You probably could get good money on Ebay but there are other ways.

 

Take good photos. No clutter, no council lock-ups in the background etc (your pics already seem good to be fair). Bit of a write up about work done, especially recently. A bit of waffly history about the car's life always seems to go down well. Check most Ebay ads for how not to do it.

 

EDIT - actually, ignore me. If I was any good at selling cars I'd be a millionaire.

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Beige car: X-reg 1.6gl, 23,000 genuine miles from new (going up as it's my daily) one previous owner (still have original blue log book). Never been painted or welded (was still on it's original tyres, which i still have.......but they are holding up the washing line) t+t runs like shit when cold (still on V V carb, but would come with a 32/36 dgv+manifold+service kit) but okay when warm. currently returning 30-ish MPG......which for a four speed just being used for motorway driving ain't bad.

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Pick one and sell that first. If you decide to sell the second later on then do it afterwards. Personally as the beige one looks more original I'd do that one first.

 

Agreed with 'wobbler that whilst there are plenty of people willing to spend proper money they want originality and good, useable cars needing nothing doing.

 

I sold one of my Renault 4s on eBay last year, 99p start but with a reserve. Didn't have any problems at all using eBay and got a lot more interest there than the adverts I had on Car and Classic and specialist forums.

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I think DW's right. If you got it on a nice set of sports steels, normal plates and take some pictures outside a fancy country hotel you should see a couple of grand (maybe more).

I think March is a good time to start selling it as folk are starting to think "oh wouldn't it be nice to have a classic car to take to a show" and Cortina's are a nice choice as they're reliable and they've got the mydadhadoneofthem factor.

 

I fear Cortinas are slipping out of my price range unless I sell my SD1 to to fund it which I can't bring myself to do.

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Cheers for the advice, posted a similer type topic on buysellcortina (i'm more active there than here) and general consensus was to keep them. I'm not desperate to sell, it's just they are not really being used and i'm very much of the opinion a car should used not looked at. In an ideal world i'd like the beige car to go to an older enthusiast, someone who'd cherish it as opposed to some hipster wannabe who'd chop the springs and sticker bomb it.

The black car on the other hand has all the parts to do a 2.9 v6 conversion+ i've got enough paint in the original titan blue to respray it back to the original colour (work in a body shop could have it done in a weekend).

P.S in the first post i mentioned the black car is now on reflective metal plates and period 13"alloys.

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I don't think you should keep them necessarily. If you're not using them and the money's good, sell away. I don't like to see cars not being used and if it frees up funds for other projects, then so much the better.

 

(and sorry about missing the plate/alloy update!)

Sorry just re-read my last post and the P.S part comes across a bit snippy, wasn't my intention.

The sad thing is, i've had nearly thirty cars and they've all been either bridged or parted out for the next one, so i don't actually have any real experience of selling motors(likewise the first time i see a car i make an instant decision to buy or not........hence all the bridging as the only taste i have is in my mouth)

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2 x handsome looking examples you have there, they are a credit to you and must be worth a pretty penny.

 

Stock of panels you say? There's a few I need for mine :)

 

Are you on buysellcortina, I've never sold anything there though surely worth a punt. They'll be good for giving a guide price too I'd imagine.

 

http://www.buysellcortina.co.uk/home.htm

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For best money, ditch those alloys and the 'incorrect' number plates.

 

 

+ a million. Beauty is in the eye of the beer holder, and all that, but modern alloys on old cars looks ghastly in 99.9% of cases.

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I don't think you should keep them necessarily. If you're not using them and the money's good, sell away. I don't like to see cars not being used and if it frees up funds for other projects, then so much the better.

 

(and sorry about missing the plate/alloy update!)

Sorry just re-read my last post and the P.S part comes across a bit snippy, wasn't my intention.

The sad thing is, i've had nearly thirty cars and they've all been either bridged or parted out for the next one, so i don't actually have any real experience of selling motors(likewise the first time i see a car i make an instant decision to buy or not........hence all the bridging as the only taste i have is in my mouth)

 

No worries. We were just preparing you for the inevitability of advertising a car for sale. No-one reads the effing advert.

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TBH at the mo it appears to be a buyers market - only cheap (sub £1k) stuff appears to be selling quickly.

 

I go on retro rides regularly, people are asking for swaps because they are finding out how difficult it is to shift stuff at the mo - nobody seems to have any disposable income.

 

Ebay would be my last port of call - be prepared for lots of silly questions/offers if you go down that route. Last year I got rid of my 2001 mondeo diesel on there - very good condition 120k lots of history with new subframe bushes etc.

 

I got £800 for it but regretted afterwards not trying the auto trader as I am certain I could have got more.

 

By the way, both 'tina's are cracking cars, especially the beige one.

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The main reason stuff is hard to flog is that it's overpriced. You put that beige Cortina up for £1395 and it'll fly out of the door. Put it up for £2295 and you'll be waiting, it'll probably sell, but you'll be waiting. The black one looks like it's about £7-800, with or without the alloys.

 

Look at most 'classic' sites and there's page after page of cars for insane money. Just because a car is old doesn't necessarily make it valuable. Just because you see 'em advertised for mad money is no guarantee that they'll ever fetch anything like that in the real world.

 

I bought a P6B Rover three or four years ago. Tobacco leaf, 86k on the clock, slightly scabby here and there but solid and generally ok, scruffy interior.. 10.5:1 CR early V8, tax exempt with bills going back to the mid '70s. I paid £550 for it, sold it three months later (after MOTing it and spending some time making it run properly) for £950. Bloke I sold it to replaced two of the wings with fibreglass ones and flogged it on for £1995. A few weeks later it was in a classic car dealership in Yorkshire advertised at £4995. It's probably still there, still mentally overpriced.

 

Problem is, people looking for a P6 will see "Honest and useable Rover 3500 Automatic, low mileage, good condition, with service history £4995" and assume that their scruffy 2200 auto is therefore worth £3995. It's not. That P6 of mine might have possibly been £2k on a good, sunny day. It'd need a £10k restoration to make it into a £5k car - and steel wings refitting...

 

Good luck with selling them, and I hope you get a decent price for them, but right now it's a buyers market. There's a lot of choice.

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^^ he speaketh the truth as Solitaire said. I was looking at prices for utterly borked mark 111 Cortinas - folk asking £2500 for cars that were literally 100 quids worth of junk. One of them was in grey primer and was clearly rubbish.

A Mark 5 Cortina is not that desirable. They were alrightish when new, despised in the 1990's when I had the pick of really clean ones for £400 and only really, really nice ones are worth something now. The black one is in desperate need of de-councilling. With the Cosseh rimz it looks like a banger racers daily ride. The beige one is hush puppies rather than rigger boots - a stunna.

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The problem owners and sellers of good examples of anything are when coming to sell,not everyone can differentiate between the gem and the codged up old dog thats on its last legs,and is a patchwork quilt of rot and bodged repairs.

 

Yes,I could easily buy Cortina's for £800,but would they be as good as either of the ones shown here ? Probably not

 

Buying craps dead easy,but finding and buying quality is not so easy

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My reasoning for valuing that Marina at £1500 is simple.

 

They're not very good, not very sought after, not 'ironically cool' or whatever it is that makes people like DS's, and it's likely to break down / rust like fuck if someone actually tried to use it as a car. Nobody in their right mind would pay £7500 for it 'because dad had one', and although it's probably one of the best ones left the seller is unlikely to have a bunch of Marina enthusiasts beating a path to his door waving wedges of crisp £20s. Marina enthusiasts tend not to have £7500 in spare cash to spend on an unusable garage ornament.

 

So I'll stick with my £1500. For £1500 it could be used as a car. Even at that it's just a monument to just how shite Marinas were, any more than £1500 and it'll be a rapidly depreciating monument to how shite Marinas were.

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That VW Golf Mk2 on the 'bargains' thread is almost certainly going to be a classic example of how one expensive car will lead others with shit ones to assume theirs is worth the same.

The Marina is £3,000, maybe £3,500 on a very good day and will probably end up in some 'Doctor' type place where it'll gather dust for years.

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Pete's comments are spot on.

 

Some people seem to conflate/confuse 'old car with some enthusiast following' with 'investment-grade classic car'. Think about those models when they were new: the Marina was a pile of shite, and the Taunus/Mk5 Cortina a typical run-of-the-mill family saloon. They didn't come with the engineering breakthroughs of the DS, rallying pedigree of the Delta (or Mk2 Escort, or even Lotus Cortina), exclusivity and desirability of the Gullwing, or even 'national icon' status of the Topolino. The fact that there are a few people who are fond of them and are willing to buy one because mydadhadoneofthem or in order to go for the occasional summer spin doesn't mean that said people are willing to part with serious cash in exchange for the privilege.

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Pete - I think you underestimate just how wealthy and stupid some people are. You're absolutely spot on, but I think some of these dealers know that the right car just might attract way beyond 'book' price. If it's well presented, someone with more money than sense will quite likely regard £7500 as pocket money. I still think that even the most blinkered, wealthiest buyer is unlikely to pay that for a Marina, but you never know...

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I dont know if i'm going to open a can of worms here but when i see the word "investment" or the like in a ad i read overpriced........as in they are trying to justify an inflated price. I dont see old/classic cars as investments........just as something EVERYONE should be able to enjoy and afford without being priced out by "investors". Old school Fords are a prime example of this. The moral of this wee rant is?????? Buy these Cortinas while we can (says me who is too skint) as both of these loveley cars are prime candidates for the money peaple. Rant over.lol. As for the Marina £7500?? Is it worth it?? It's a hard one as where do you find anouther?? The upside of the price is that if someone pays that money it's future SHOULD be safe.

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Pete's comments are spot on.

 

Some people seem to conflate/confuse 'old car with some enthusiast following' with 'investment-grade classic car'. Think about those models when they were new: the Marina was a pile of shite

 

Perhaps so, but I don't think base model Mk1 or 2 Escorts were anything fantastic either and look how their prices have rocketed over the past few years as they have become more scarce. Go back to the 90s and they were just bangers. As was being discussed on here the other week, even Sierras are starting to become desirable/collectible now.

 

Attitudes can and do change.

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