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On to classic coupes/sports. Thoughts on what to look at?

Discussion in 'off topic' started by kennyh, Jul 9, 2018.

  1. stevec67

    stevec67 pfm Member

    Well, yes, but yours and mine get used for servicing, I don't think that one does. There's no vice on his bench, and the counter tops in my kitchen are no cleaner than his bench. Not as clean. I can't see any sign that anything has been dismantled there, or as much as a topup spill or brake dust on the floor.
     
    kennyh and Tony Lockhart like this.
  2. JensenHealey

    JensenHealey pfm Member

    The theft thing is a serious issue with some classics. The problem is that a thieved classic (a fancy Ford Capri for instance) is a lovely source of untraceable parts for the market. It is parts that are hard to get for many cars that are the attraction for thieves.

    Even older classics either have a market of re-manufactured parts available (MGs e.g.) or say older Jags have to have parts re-created by hand as needed.
     
  3. kennyh

    kennyh pfm Member

    Well I'm struggling with this one. Just met the family who are disposing of the car and jeez I simply can't get a price off them for it, not even a hint of one. A good guy bad guy sort of meeting lol. I've been promised a price will be forthcoming this afternoon. I don't know whether they will say 5k or 25k, that's how bad the initial discussion went.

    Thing is they approached me so I'll be reminding them of the fact later when I break the ice and make a bid, which I think I'll have to do.
     
    Tony Lockhart likes this.
  4. Sue Pertwee-Tyr

    Sue Pertwee-Tyr pfm Member

    Sounds like they don’t know how much it’s worth. Might be worth walking away. Chances are, they’ll have inflated ideas of its value and be offended at an offer, or always suspect you ripped them off, even if it’s a decent bid.
     
  5. kennyh

    kennyh pfm Member

    Yes you are right I think. I'm fairly bang on at valuing these things as I've done it most of my life, both business and pleasure but odd balls are a nightmare.
    This car has genuinely had 30k chucked at it and is a lovely thing, however it is not original and I'd value an original in this condition a fair bit higher.....therein lies the problem. All of the original components come with the car so are now forming part of the discussion. Quite tricky at present.
     
  6. cutting42

    cutting42 Heading to Fish Hacker Erg \o/

    The money pit of modifying cars. Maybe they are hoping to recoup the restoration cost but have been looking at original resale prices and the realisation that even a mint stock car is worth less than what they have in this car.
     
  7. kennyh

    kennyh pfm Member

    100% correct I now think. Eye watering spend on a car that does not justify it. They could have spent 50% less and restored to original and car would have at least give them some sort of a return. It's awkward as I know it's better than original, it's suspension components for instance are high end and the engine is a work of art.........but it limits the market it for it so much it just devalues it. In my opinion that is. I could be wrong and walk away from a true gem.
     
  8. stephen bennett

    stephen bennett Mr Enigma

    Sadly, no ...

    Stephen
     
  9. cutting42

    cutting42 Heading to Fish Hacker Erg \o/

    I don't think you are wrong. I am thinking about the Fast and Loud TV show restoration of a wrecked Ferrari. They modded an F40 with changes to the motor, wheels and suspension all supposed upgrades. Now all it is famous for is being the only F40 to lose money. Sold in 2014 for $740k and last sold for $675k in 2015 when original examples are going for over $1m.
     
    Tony Lockhart likes this.
  10. kennyh

    kennyh pfm Member

    Well they've been back in touch. Meeting them again at 4pm. This will be the final time for me, either they want to sell or they don't. If price is inline with what I think I'll have it, if not I'm oot.

    I shall report back.
     
  11. stevec67

    stevec67 pfm Member

    That's modified cars for you. A friend bought a Scimitar GTC for a knockdown price. The body is OKish, with little crazing, chassis sound, needed outriggers, nothing scary. Interior grubby original and mostly worn out. Engine running but tired, box OK. Has OD. An easy enough resto. However his plan is to have it as a driver so he wanted to drop in a Duratec and a Type 9. Easy enough but quite costly. The snag is that if he does this he gets a better car than original , more power, better economy. But it's worth half the original would be with rebuilt Essex, Type 1 (?) and (iirc) Laycock. Bet your life the OD will be dead, but serviceable. He has also discovered that something like a 3 series coupe is a better car all round and you can get one for loose change and just drive it. Hard choices.
     
    kennyh likes this.
  12. kennyh

    kennyh pfm Member

    Well, deal done. £200 inside my upper limit so it was close. Over the moon with the deal and it's not really made a dent in the budget I'd set, so if something else comes up I'd still be interested.

    Just had the car on ramps again and it beggars belief.........but keep the ideas coming!!!
     
    Tony Lockhart and divedeepdog like this.
  13. Yank

    Yank Bulbous Also Tapered

    Could be the beginnings of a Ford collection - next you could go for a Lotus Cortina, or Escort Mexico...

    And congratulations! New toys are fun.
     
  14. kennyh

    kennyh pfm Member

    Many thanks Yank appreciated. A totally unexpected purchase this one is lol
     
  15. kennyh

    kennyh pfm Member

    A few rushed and poor quality pics for your constructive criticism, oh and I've promised I won't sell within one year.....if I do they have first refusal at the price I paid. Only way I could own it sadly, they insisted on it. Hopefully it is a keeper though. It looked stunning underneath on the ramps.

    [​IMG]
    [​IMG]

    [​IMG]

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    [​IMG]
     
  16. Tony Lockhart

    Tony Lockhart pfm Member

    Blimey. You'll be surprising a few people with that!

    I went out in a lightly modded one back in the 80s, something like 150bhp. That certainly made me smile, so 960kg with 240 geegees should be a hoot!
     
  17. Seeker_UK

    Seeker_UK Waiting for the streetcar..

    Perfect for nipping down to the shops for a pint of milk and some Toffos.
     
    kennyh likes this.
  18. kennyh

    kennyh pfm Member

    Cheers Tony for that. Just trying to piece the engine spec together now from the receipts. Stroked 2.1 Carillo rods, Omega forged pistons running on Omex ECU is where I'm up too lol. Apparently its running low boost and can be mapped to 300, not for me though hahaha.
     
    Tony Lockhart likes this.
  19. kennyh

    kennyh pfm Member

    Bit of work to do first lol. Interior to be refitted and this bloody safety devices cage to be stripped out and sold. Looks like a straight forward task though.
     
  20. kennyh

    kennyh pfm Member

    Bit of an issue here now. Due to collect car today and pay balance. Decided to pay for a HPI check before I do so even though I do trust what the sellers told me.

    Upshot is it's totally clean. However one issue shows up.
    It looks to me like the new engine has not been added on to the log book, ie details changed.
    Car still shows at 1600cc when it is now a 2100cc, therefore I assume engine number has not been changed.
    Now I have in the past notified DVLA about engine swaps and cc increases with no hassle but apparently things have changed and become much tougher, ie proof of purchase of new engine from a garage, reports etc.

    If this turns out to be the case and its not been changed do I need the hassle or just get my deposit back.....as I said I was waiting for a punchline. Shame as all other HPI findings are spot on.
     

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