DC5? You need an eye test?
The FD2 sold through Pistonheads in the end, although I did get a lot of interest on Facebook. It sold for asking price.
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The FD2 sold through Pistonheads in the end, although I did get a lot of interest on Facebook. It sold for asking price.
Thanks - it has 300bhp which isn’t too bad for a non turbo 6 I guess - I certainly haven’t found it lacking in power. Funny you should mention the infestation - this one is full of spiders from sitting in a barn for ages. The previous owner has 3 other cars, plus a chauffeur driven government car so barely used it. I’ll give it a proper clean when I get the chance.
I’m originally from SE London so he has to speak to me in my own language
Caporegime
Cracked slab already.
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looks like stevie wonder done the job.
Soldato
@ChrisD. what did the fd2 sell for? I’ve noticed prices have gone right up to what they were when I last looked.
Caporegime
Importing from Japan is crazy now so anything that is already in the country will command a premium.
£16.5k.
Soldato
Incredible
Soldato
That's a really good price, especially for yours considering it looked like a very good example.
I've always wanted to get into one but with the way prices are going I don't think it's worthwhile anymore.
I sold it with all the mods on and all the standard parts. I'd have most likely got more if I stripped it back to standard, sold the car for £15k and then £3-5k for the mods. But then I'd have to pay labour and also deal with selling parts to people on Facebook etc which I am not keen on.
Generally it’s just too much hassle, end of day over a year ago you would have got less for the car and now you’ve got strong money for it which helps towards buying a car that’s even better for what you want.
Exactly, I took the easy option and now I’m in a great position as I have the whole market to browse.
This but if you see a car you really really like, but they won't budge on the price, don't lose it because cars are selling really fast in the used market, having just made a recent purchase you have got to be quite fast particular are rarer or very nice examples.
Soldato
It's gone a bit mental. I bought my Evo V RS through COVID last year for 22k, by market values as of right now in its current state is a 35-40k car. With any luck, I might break even if I sold it.
Soldato
Really depends on how you perceive these things in that case, doesn't it. With the used enthusiast car market there's not really much of a downside to appreciating classics. Whether you spend more thereafter is that person's prerogative
I think what @Simon was trying to say is that in a market where all assets are appreciating, if you buy something more expensive, you're still a buyer that's paying more for said thing. There's no use getting giddy over your asset going up in value when, in real terms, you're no better off - or when buying an even more expensive asset - actually worse off.
The only people who win, as always, are those with multiple assets who can sell theirs at the high value point and buy back in at the low point.
Soldato
Not sure where the common polar opposite of buying a car that depreciates fits into that, though. But yes, that's different.
Oh, for sure - a typical car doesn't fit in that at all.
I was referring to the point where you said appreciating classics: