E-Type values - a comparison

[chrisfell]

I know some of us angst over the value of our cars, especially the few of us who have poured much hard earned into a project.

But imagine you owned this car, a rep-mobile, a very special one but it is still a 1987 Ford Sierra.



Now look at it again as ask why would anyone pay £590,500 to own it?
Somebody did.

[rswaffie]

Yes, it is a ‘special’ version of the Cossie. A low mileage example of the 500 upgraded by Aston Martin. Someone clearly wanted it instead of a ‘standard’ cossie Sierra.
But is it any different to the world of E-Types?
People will pay upwards of £250k for a 3.8 because it is ‘outside bonnet lock’. Or pay a premium because it’s ‘flat floor’ or ‘matching numbers’. At the end of the day, on the road, it’s still a 3.8 and no different to a late model version or non matching numbers example in a similar condition. Yet, dealers, restoration companies, private sellers etc will wave these terms around to generate a better sale price. In doing so, a market expectation is set and those that can afford it will perpetuate the myth.
It will be interesting to see how many of the remaining 400 or so RS500 Cossie Sierra’s start appearing on the market.

[Series1 Stu]

I remember the first time I saw one of these was, I think, in 1994 going North around the Hog's Back on the A3 on a summer's afternoon. It was being pursued by something equally brutal but I can't recall what that was.

It was the first time I had seen flames spitting from the exhaust of a car on the road. I think I was driving a Peugeot 405 Avis rental car so could have given it a run for its money.

Needless to say, we ended up in line astern in the traffic around Guildford and on to the M25.

Regards