Will classics ever become affordable again?

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TerryG
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Re: Will classics ever become affordable again?

#41 Post by TerryG » Sun Feb 12, 2017 11:05 am

I'm in my mid 30s and have the 1990s range rover I've always wanted but lucked in to it (I paid £700 and have recently been offered £10k in it's unfinished state). Some cars rise and fall with popularity but others rise and rise as they are genuinely good cars.
There may be a boom with people wanting a MK4 escort in a few years but it won't last as they were AWFUL!
Understeer: when you hit the wall with the front of the car.
Oversteer: when you hit the wall with the back of the car.
Horsepower: how fast you hit the wall.
Torque: how far you take the wall with you.

alabbasi
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Re: Will classics ever become affordable again?

#42 Post by alabbasi » Sun Feb 12, 2017 3:24 pm

TerryG wrote:
Sun Feb 12, 2017 11:05 am
There may be a boom with people wanting a MK4 escort in a few years but it won't last as they were AWFUL!
Probably for the XR3i, 1.6i Cabriolet and certainly for the RS Turbo. Not all old cars are classics. I've said that once or twice before and gotten myself into hot water but it's true. If it wasn't that special when new or if it did not have a story, it probably won't be that special when it's old and no one would be interested in talking about it.

3xpendable
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Re: Will classics ever become affordable again?

#43 Post by 3xpendable » Sun Feb 12, 2017 4:18 pm

vulgalour wrote:
Sun Feb 12, 2017 12:15 am
I was more answering the title and the discussion I'd dipped into so I guess I must have missed a resolution in here with the Chrysler. My bad. Still, it is interesting reading some views on this topic and how people approach classic car ownership. I know my approach is not the most conventional since it's coloured by necessity since I can't afford a new car even if I wanted one so I'd rather sink my hard earned into an older car that's within my budget and less than I'd have to fork out on finance.
Oh don't worry about it and I agree, this is a very interesting discussion so as I said before, I appreciate your input. You aren't alone in your lack of new car ownership potential. In fact I'm only looking at a new car now for my wife just so she has something that she is comfortable with. I intend to keep my mantra of having a daily driver at least 10 years old, the youngest DD I ever had was my 2001 Mondeo which I bought in 2012. It's funny because I still consider cars like that "New" and it's only at times I drive hire cars that I see what actually new cars are like. So therefore a 1995 Rover 414 drives similar to my Mondeo and for that reason I wouldn't want one for a 'classic', part of the ownership for me is driving something from an era very different to what I am used to if that makes sense. I drove a GMC Acadia earlier this week for a job interview, it had all the bells and whistles (Lane assist, dash projected to the windscreen) but I didn't like it. I chuckle when for example, a guy at work raves about how he is saving a fortune on car costs by leasing a Nissan Leaf. When pressed on it, he said he was paying something like 400 quid a month and when I explained that I paid that for my Mondeo outright and if you added 150 a month for fuel and consumables, it didn't take a genius to work out who was saving over who :lol: . I also sold the car for exactly what I paid for it 4 years later! I will be honest and say some of the 'tinkering' aspect of car ownership has been taken out for the last 5 years or so purely because my dads workshop was 100 miles away and I had very little facilities to work on cars myself so it meant rushed weekend trips back home. Hopefully having a garage soon will mean I can get back into it :D

Going back to your original post. We have found some bargain cars in the past (like a Morris Minor in 2008 for 150 that only needed 2 tyres and a ball joint, and a damn good polish) but now even 500 buys you a bag of bolts that needs an awful lot of work, as the good job on your Renault shows.
alabbasi wrote:
Sun Feb 12, 2017 3:46 am
Baby boomer generation.
More like Generation X :)
[/quote]
:lol:
TerryG wrote:
Sun Feb 12, 2017 11:05 am
I'm in my mid 30s and have the 1990s range rover I've always wanted but lucked in to it (I paid £700 and have recently been offered £10k in it's unfinished state). Some cars rise and fall with popularity but others rise and rise as they are genuinely good cars.
There may be a boom with people wanting a MK4 escort in a few years but it won't last as they were AWFUL!
I always wanted an MGB and had one for a while, but alas I shall have to save up for another. Interesting point about the MK4 Escorts, I suppose that has been my original point that cars that aren't that good are going up in value just for the sake, which seems ridiculous to me.
alabbasi wrote:
Sun Feb 12, 2017 3:24 pm
Probably for the XR3i, 1.6i Cabriolet and certainly for the RS Turbo. Not all old cars are classics. I've said that once or twice before and gotten myself into hot water but it's true. If it wasn't that special when new or if it did not have a story, it probably won't be that special when it's old and no one would be interested in talking about it.
I both agree and disagree. While I most certainly agree that old doesn't constitute a classic, there are cars that most do not love but people such as Vulgalour have a passion about. While I wouldn't want a Princess, I thoroughly enjoy reading his adventures with his.

That just reminded me! When was the last time you saw a Morris Ital Estate around?! We had a 1.7 HLS in the 90's and it eventually succumbed to rust but was an excellent workhorse (It was dads tow car) and I have fold memories of it. I browse ebay occasionally for one but most are Marina's or 1.3's. Now if a tidy 1.7 Estate came up for sale THAT would be a car I'd consider getting!
2013 Dodge Durango R/T
1965 Ford Anglia 106e Estate (Wagon). LHD.
1964 Ford Anglia 105e Saloon

3xpendable
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Re: Will classics ever become affordable again?

#44 Post by 3xpendable » Sun Feb 12, 2017 4:23 pm

DAMN! Just looked up Ital's on Ebay, this one sold recently for 795! I'll have to keep my eye out :lol:

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2013 Dodge Durango R/T
1965 Ford Anglia 106e Estate (Wagon). LHD.
1964 Ford Anglia 105e Saloon

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TerryG
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Re: Will classics ever become affordable again?

#45 Post by TerryG » Sun Feb 12, 2017 6:41 pm

That's not a bad looking estate. My dad had an 1800TC Marina which was forever over heating, rusting and generally falling apart but it was pretty quick in a straight line :)
Understeer: when you hit the wall with the front of the car.
Oversteer: when you hit the wall with the back of the car.
Horsepower: how fast you hit the wall.
Torque: how far you take the wall with you.

alabbasi
Posts: 247
Joined: Wed Jan 12, 2011 9:54 pm

Re: Will classics ever become affordable again?

#46 Post by alabbasi » Sun Feb 12, 2017 8:53 pm

3xpendable wrote:
Sun Feb 12, 2017 4:18 pm
alabbasi wrote:
Sun Feb 12, 2017 3:24 pm
Probably for the XR3i, 1.6i Cabriolet and certainly for the RS Turbo. Not all old cars are classics. I've said that once or twice before and gotten myself into hot water but it's true. If it wasn't that special when new or if it did not have a story, it probably won't be that special when it's old and no one would be interested in talking about it.
That just reminded me! When was the last time you saw a Morris Ital Estate around?!
Funny, as i wrote what I wrote, I was thinking about the Morris Ital as the example.

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JPB
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Re: Will classics ever become affordable again?

#47 Post by JPB » Sun Feb 12, 2017 11:03 pm

Mmm :drool: and in that lovely Gusset Brown too, best ever shade of BL brown since it replaced Maple back in medieval times. :|
Here an Interesting, but ultimately irrelevant fact: The Marina/Ital estate was the cheapest car in which there was enough room for a full length mattress behind the folded rear seats. Next cheapest at over 1.7 times the price in 1982 was the Volvo 245DL in poverty spec manual form without PAS and running a single Stromberg carb. A last-of-the-line Ital estate could be ordered with the 2 litre O series from the SD1 and that came with a Borg Warner automatic, deep pile carpets, a clock, an AM (MW/LW) only push button radio and a mouldy apple gowk hidden behind the dashboard in the region of the blower motor. Well the one that the dealership used to provide to Dad when one of his company Maxis was in for its service certainly had the mouldy gowk, maybe the service manager knew that the Ital was going out to the firm?
:twisted:
J
"Home is where you park it", so the saying goes. That may yet come true.. :oops:

GHT
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Re: Will classics ever become affordable again?

#48 Post by GHT » Mon Feb 13, 2017 12:43 am

Ah! My eyes. I can't have an Ital or Marina, I've been circumcised. John will explain.

3xpendable
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Re: Will classics ever become affordable again?

#49 Post by 3xpendable » Mon Feb 13, 2017 3:20 am

JPB wrote:
Sun Feb 12, 2017 11:03 pm
Mmm :drool: and in that lovely Gusset Brown too, best ever shade of BL brown since it replaced Maple back in medieval times. :|
Here an Interesting, but ultimately irrelevant fact: The Marina/Ital estate was the cheapest car in which there was enough room for a full length mattress behind the folded rear seats. Next cheapest at over 1.7 times the price in 1982 was the Volvo 245DL in poverty spec manual form without PAS and running a single Stromberg carb. A last-of-the-line Ital estate could be ordered with the 2 litre O series from the SD1 and that came with a Borg Warner automatic, deep pile carpets, a clock, an AM (MW/LW) only push button radio and a mouldy apple gowk hidden behind the dashboard in the region of the blower motor. Well the one that the dealership used to provide to Dad when one of his company Maxis was in for its service certainly had the mouldy gowk, maybe the service manager knew that the Ital was going out to the firm?
:twisted:
Interesting. I remember ours being an excellent reliable car, rust is what killed it in the end.

Talking of Maxi's. I remember an elderly customer and his wife had a pair of them. A White base model and a gold Vanden Plas and they were parked one behind the other in their garage. The VDP was hardly used and their special occasion car and the White one was their runaround. As a result the VDP was mint and I always begged dad to tag along so I could go and gawp at it whenever he went over there.
2013 Dodge Durango R/T
1965 Ford Anglia 106e Estate (Wagon). LHD.
1964 Ford Anglia 105e Saloon

GHT
Posts: 1523
Joined: Mon Jan 26, 2015 3:09 pm

Re: Will classics ever become affordable again?

#50 Post by GHT » Mon Feb 13, 2017 8:47 am

3xpendable wrote:
Mon Feb 13, 2017 3:20 am
Talking of Maxi's. I remember an elderly customer and his wife had a pair of them. A White base model and a gold Vanden Plas and they were parked one behind the other in their garage.
Are you sure that they were Maxis? Code name ADO14, the Maxi never had a Vanden Plas version, but if it did, do post a photo. The Maxi always reminded me of some old slapper, a Vanden Plas Maxi would be like some old slapper with make up like Danny La Rue.
Perhaps you meant The Austin Aggro, the ugly little biscuit tin the got an even uglier facelift with it's Vanden Plas version.
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