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Has the classic Ford market gone potty?

Discussion of other cars non-Z4
firebobby
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Has the classic Ford market gone potty?

Post by firebobby » Tue Dec 06, 2016 11:25 pm

BMW Z4 30i 2003 auto 107's Whippy Toledo Blue
Beige M sport seats, wood dash
Toyota MR2 NA 1995
Triumph GT6 1972 (project)
Land Rover Discovery 1994 TDI (Tow car)
Mini 1000 1981

paulgs1000
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Has the classic Ford market gone potty?

Post by paulgs1000 » Wed Dec 07, 2016 12:00 am

These are amazing prices but I guess if you're around my age (60 next year) and have a love of cars, then like me you will remember as a young kid (about 11/12 years of age) the Mexico Rally event and the 'special' Escort Mexico version which with it's special livery and short front bumpers was advertised as doing 0-60mph in 10 seconds . . . . . blew me away at the time and is an advert and image that has stayed with me since. It's probably the first 'special' car that grabbed my attention and was the start of my real passion for cars and driving. In fact (like many I suspect) I can still draw the front view of the Mexico with all the details of dogbone headlight and radiator, short bumpers, holed front valance, wide wheels, flared arches etc - something I did over and over as a kid - it's burned into my consciousness and memory. :lol:

So here we are in 2016 and many of my age might be heading for retirement and have some disposable income about so you can start to understand what's happening to the prices of such iconic cars . . . . yep it's amazing and crazy. :o :cry:
Now Porsche flat 6 experience, 986S & 981S.
2006 Z4MR Imola Red/Imola Red, 2008 3.0si Sport Stratus Grey/Piano black, 2006 2.0I Sport Silver Grey Facelift. MX5, TVR Chimaera, many motorbikes.

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Ewazix
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Has the classic Ford market gone potty?

Post by Ewazix » Wed Dec 07, 2016 9:31 am

paulgs1000 wrote:These are amazing prices but I guess if you're around my age (60 next year) and have a love of cars, then like me you will remember as a young kid (about 11/12 years of age) the Mexico Rally event and the 'special' Escort Mexico version which with it's special livery and short front bumpers was advertised as doing 0-60mph in 10 seconds . . . . . blew me away at the time and is an advert and image that has stayed with me since. It's probably the first 'special' car that grabbed my attention and was the start of my real passion for cars and driving. In fact (like many I suspect) I can still draw the front view of the Mexico with all the details of dogbone headlight and radiator, short bumpers, holed front valance, wide wheels, flared arches etc - something I did over and over as a kid - it's burned into my consciousness and memory. :lol:

So here we are in 2016 and many of my age might be heading for retirement and have some disposable income about so you can start to understand what's happening to the prices of such iconic cars . . . . yep it's amazing and crazy. :o :cry:
I'm not disputing the perceived value of iconic cars like the Mexico, it's just that this pile of rot is not a viable car, there is nothing usable, nothing to restore and according to DVLA rules on registering radically re-built cars there are insufficient substantial parts to even transfer in to an authenticated Mexico shell. Anybody buying it needs a nicked Mexico or a faked up base model to clone on to the V5 and hope DVLA don't see the ebay advert!

DVLA rules
Cars and light vans must use:
- the original unaltered chassis or unaltered monocoque
bodyshell (that is, the body and chassis as one unit);
or
- a new chassis or monocoque bodyshell of the same
specification as the original. A receipt from the dealer
or manufacturer is required.
AND the vehicle must have two other major components
– as listed below – from the original vehicle.
- Suspension (front and back)
- Axles (both)
- Transmission
- Steering assembly
- Engine
If a second-hand chassis or monocoque bodyshell is
used, the vehicle must have Individual Vehicle Approval
(IVA) or Single Vehicle Approval (SVA) (see section 11). A
‘Q’ registration number will then be issued (see section 7).
2003 2.5 SE, low miles, Sterling Grey, 108's & Eagles, no stubby here! Unmolested.
2018 Cooper S Countryman
Fiesta Ecoboost

firebobby
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Has the classic Ford market gone potty?

Post by firebobby » Wed Dec 07, 2016 10:44 pm

Ewazix wrote:
paulgs1000 wrote:These are amazing prices but I guess if you're around my age (60 next year) and have a love of cars, then like me you will remember as a young kid (about 11/12 years of age) the Mexico Rally event and the 'special' Escort Mexico version which with it's special livery and short front bumpers was advertised as doing 0-60mph in 10 seconds . . . . . blew me away at the time and is an advert and image that has stayed with me since. It's probably the first 'special' car that grabbed my attention and was the start of my real passion for cars and driving. In fact (like many I suspect) I can still draw the front view of the Mexico with all the details of dogbone headlight and radiator, short bumpers, holed front valance, wide wheels, flared arches etc - something I did over and over as a kid - it's burned into my consciousness and memory. :lol:

So here we are in 2016 and many of my age might be heading for retirement and have some disposable income about so you can start to understand what's happening to the prices of such iconic cars . . . . yep it's amazing and crazy. :o :cry:
I'm not disputing the perceived value of iconic cars like the Mexico, it's just that this pile of rot is not a viable car, there is nothing usable, nothing to restore and according to DVLA rules on registering radically re-built cars there are insufficient substantial parts to even transfer in to an authenticated Mexico shell. Anybody buying it needs a nicked Mexico or a faked up base model to clone on to the V5 and hope DVLA don't see the ebay advert!

DVLA rules
Cars and light vans must use:
- the original unaltered chassis or unaltered monocoque
bodyshell (that is, the body and chassis as one unit);
or
- a new chassis or monocoque bodyshell of the same
specification as the original. A receipt from the dealer
or manufacturer is required.
AND the vehicle must have two other major components
– as listed below – from the original vehicle.
- Suspension (front and back)
- Axles (both)
- Transmission
- Steering assembly
- Engine
If a second-hand chassis or monocoque bodyshell is
used, the vehicle must have Individual Vehicle Approval
(IVA) or Single Vehicle Approval (SVA) (see section 11). A
‘Q’ registration number will then be issued (see section 7).
As I said, how could that pile have a V5, there can't be a chassis number as the front end is missing :roll:
BMW Z4 30i 2003 auto 107's Whippy Toledo Blue
Beige M sport seats, wood dash
Toyota MR2 NA 1995
Triumph GT6 1972 (project)
Land Rover Discovery 1994 TDI (Tow car)
Mini 1000 1981

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bluespit
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Has the classic Ford market gone potty?

Post by bluespit » Wed Dec 07, 2016 11:43 pm

sadly the classic car world has gone bonkers and piles of rust are selling for small fortunes. sometimes they're tarted up and sold on, sometimes they're used to give a different ID to am car of less value. Sometimes the ID is used to create a UK car from an import and sometimes even a new shell can be built from an existing ID. With old Fords fetching upwards of £30k and the ability to build one from almost nothing for around £15k three money to be made.

Old minis are the same, Triumph (up to TR6), Austin Healey, etc are all the same. There are some exceptions, vintage cars are stagnant, classic BL and Rootes saloons the same. Exotics are even worse/better depending on your viewpoint. Went to visit my painter today, he restores classics to a very high standard. showed me an e-type he's working on. Car bought for £8 three years ago, restoration estimate is around £40k, finished value £90-£100K.

clear why the pile of rubbish goes up in cost if not value
now I'm about to have more time I've suddenly got less toys to play with!

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Ewazix
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Has the classic Ford market gone potty?

Post by Ewazix » Sat Dec 10, 2016 5:31 pm

barneybear wrote:His pal is gonna be proper pissed when he wins the pile of crap! - Shill bidding for sure
Think you're right. Looks like he saw the writing on the wall and pulled the auction early with some crap about a buyer cancelling bids and the listing being locked - yea :roll:

Now re-listed but already has a dodgy, but slightly more subtle £3k bit in place. I'm never criticising a slightly ambitious ask on a Z4 again!
http://www.ebay.co.uk/itm/mk1-escort-me ... 2253620730
2003 2.5 SE, low miles, Sterling Grey, 108's & Eagles, no stubby here! Unmolested.
2018 Cooper S Countryman
Fiesta Ecoboost

barneybear
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Has the classic Ford market gone potty?

Post by barneybear » Mon Dec 12, 2016 8:52 pm

No surprise the bidders identity hidden.......

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