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Thinking about buying an rs500

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Old Oct 24, 2011 | 11:50 PM
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Default Thinking about buying an rs500

Been thinking of this for a while now I've got a sapphire cosworth which only comes out from April to October and only if they're dry days too and am on building a 3 door cosworth but iam seriously thinking of selling the 2 a saving up the rest and buying an rs 500 mainly as an investment but more so as I always get the piss took out of me for never getting my sierra out least I'd have a decent enough reason if I got one lol. Where would b the best place to buy one from and has anyone had any or know of anybody with any bad experiences in the way of buying one?
It's a lot of money to be spending on an old car but think I can't really loose on one really can I?
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Old Oct 25, 2011 | 12:10 AM
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i think a genuine 500 is a solid investement, depending what you pay for it.

the more original, the more it retains its value imho.

good luck in finding one for a decent price
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Old Oct 25, 2011 | 05:32 AM
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whats the point of having a 20k plus car sat in the garage and never driving it you ford owners are funny
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Old Oct 25, 2011 | 06:15 AM
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Speak to Paul Linfoot - if he doesn't know, no-one will !
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Old Oct 25, 2011 | 06:36 AM
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Originally Posted by langer
buying an rs 500 mainly as an investment but more so as I always get the piss took out of me for never getting my sierra out least I'd have a decent enough reason if I got one lol.
depends how much you would use the car if it was worth a serious amount of money, just a guess but you wont get much change from £30k for a decent RS500 nowadays the values have rocketed.

whats stopping you from using the sierra you have at the moment?
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Old Oct 25, 2011 | 07:10 AM
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Originally Posted by DAN P
whats the point of having a 20k plus car sat in the garage and never driving it you ford owners are funny
Tbh mate you sound like a kid really its the age thing.Its about having the toy in the garage really and 500 is the one pal
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Old Oct 25, 2011 | 07:53 AM
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Buying an rs500 is one of the best investments possible

They have rocketed in value over the last 3 / 4 years and have held there values in these hard times while everything else has dropped like a stone

If i can help in any way please feel free to give me a call as i know of a few for sale and know of quite a few that are due to be sold shortly

I am the rs500 registrar for the RSOC by the way

Paul
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Old Oct 25, 2011 | 08:27 AM
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Originally Posted by Cosworth Lad
Tbh mate you sound like a kid really its the age thing.Its about having the toy in the garage really and 500 is the one pal
mate having a toy is some thing you can go out and enjoy not to have stuck in the garage shitting your self if you took it out it the price might go down buy £500
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Old Oct 25, 2011 | 08:37 AM
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I'm in exactly the same boat.. I will be hopefully buying one after Xmas.
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Old Oct 25, 2011 | 01:32 PM
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you wont find a better car imo , good luck guys
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Old Oct 25, 2011 | 02:10 PM
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Originally Posted by NORTH YORKS RS SPARES
Buying an rs500 is one of the best investments possible

They have rocketed in value over the last 3 / 4 years and have held there values in these hard times while everything else has dropped like a stone

If i can help in any way please feel free to give me a call as i know of a few for sale and know of quite a few that are due to be sold shortly

I am the rs500 registrar for the RSOC by the way

Paul
tell me about it, wish i'd have bought one back in 2006 when i was looking at saffs, they have rocketed since then....
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Old Oct 25, 2011 | 03:02 PM
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I think it's a good investment and also it's quite nice to have a car for special occasions... No matter what's happening work/ family whatever having something like an rs500 to pull out of the garage and have a drive in would cheer almost anyone up
I don't think it has to be an rs500 though, I get the same feeling from the xr2 as im sure a lot of people do on here with their cars.
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Old Oct 25, 2011 | 04:26 PM
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Originally Posted by DAN P
whats the point of having a 20k plus car sat in the garage and never driving it you ford owners are funny
whats the point of having £20k+ sitting in the back.

buy one and you can enjoy it and still get your money back if not more.
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Old Oct 25, 2011 | 04:32 PM
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ive often thought about selling all my cars up and getting a 500,but i think i would be losing out not having different cars for different days/shows etc

and would end up paranoid everytime i got it out of the garage


and i f**kin love 500,s
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Old Oct 25, 2011 | 04:38 PM
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Originally Posted by rsmat
I'm in exactly the same boat.. I will be hopefully buying one after Xmas.
Will you be selling your 3dr cossie then i take it.
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Old Oct 25, 2011 | 04:45 PM
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Originally Posted by Glenn.
Will you be selling your 3dr cossie then i take it.

No mate... I will never get rid of D22 BLC...
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Old Oct 25, 2011 | 06:10 PM
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Love 500's and like many wished i'd snapped one up when they were cheap but.......

Are they expected to rise above what they are now? i doubt it very much - so i predict you buy now for £30k+ and in a good few years it will still be worth similar - like everything in life theirs one big boom and if your in your a winner if not then the opportunity has passed.

Great cars but massively over inflated prices.
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Old Oct 25, 2011 | 06:28 PM
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Originally Posted by BRAMMER
Love 500's and like many wished i'd snapped one up when they were cheap but.......

Are they expected to rise above what they are now? i doubt it very much - so i predict you buy now for £30k+ and in a good few years it will still be worth similar - like everything in life theirs one big boom and if your in your a winner if not then the opportunity has passed.

Great cars but massively over inflated prices.


100% agree with ya mate.
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Old Oct 25, 2011 | 06:29 PM
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I have a feeling they have peaked for now, special examples like Waynes Moonstone, Mark (Bonkers) black one and Garrys white example plus the unregistered car would command one off high prices from collectors, the rest I imagine will hover under the 40k barrier for some time into the future.

Pound for pound a well sorted 3dr or a mint original saff is a better buy right now in my opinion
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Old Oct 25, 2011 | 06:46 PM
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Originally Posted by PAUL S
I have a feeling they have peaked for now, special examples like Waynes Moonstone, Mark (Bonkers) black one and Garrys white example plus the unregistered car would command one off high prices from collectors, the rest I imagine will hover under the 40k barrier for some time into the future.

Pound for pound a well sorted 3dr or a mint original saff is a better buy right now in my opinion

I would agree with that 100%

they may go up a small amount next year due to the coverage they will get with it being there 25th birthday but i dont realy see a rise like we have seen over eecent years
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Old Oct 25, 2011 | 06:53 PM
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I was told about one today for sale at a classic vehicle place on the outshirts of Chester.

65k on it with a price tag of 35k and in Moonstone Blue.

I can get some more details for you over the next couple of days as the chap who works there pops into see me now and again.

Cheers

Chris
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Old Oct 25, 2011 | 07:08 PM
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Its a well known one Chris, been advertised for about a year now for 42k.

The 500s have had a good run, I was a bit late coming to the party, but glad I did.

I have been tracking them against other 80s classics ranging from the e30 m3 right up to the f40 and they have all had similar rises in recent years and also seem to have levelled off now for quite a while.

I dont see any big falls as most owners including the dealers dont need to sell, so wont take a hit, they will just hold onto them until the economy sorts itself out

I dont forsee any bargains either, people are just to clued up these days with the internet being such an easy reference tool to double check the market. The odd one might surface but will quickly be snapped up.
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Old Oct 25, 2011 | 07:15 PM
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[quote=PAUL S;5675468]Its a well known one Chris, been advertised for about a year now for 42k.quote]

Hi Paul

Really, I didnt know that. Do you have a link to the ad at all as it would be nice to see it

Cheers

Chris
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Old Oct 25, 2011 | 07:32 PM
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here you go, I went to look at it about 18 months ago, before cheshire classics bought and restored it

http://www.cheshireclassiccars.co.uk...id=45&Itemid=2

its on pistonheads as well
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Old Oct 26, 2011 | 03:43 PM
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There's always a couple on pistonheads, how do you know when a classic car dealer is trying to sell a 25k one for 45k? Thats what would worry me.
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Old Oct 26, 2011 | 04:27 PM
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Sorry but that car for £43k isn't worth that at all - yes maybe nice but that is insane money - imo it needs £15k knocking off to be in the right price range
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Old Oct 26, 2011 | 04:45 PM
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Originally Posted by PAUL S

Pound for pound a well sorted 3dr or a mint original saff is a better buy right now in my opinion
Sense spoken at last....
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Old Oct 26, 2011 | 06:20 PM
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glad a bought mine in 1989. with only 24k on it it's probably made a increase on the price i paid. although at the time i could have bought a semi-detached house, which would have been worth 100k now. hinesight (spelling) is a wonderfull thing.
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Old Oct 26, 2011 | 07:34 PM
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Originally Posted by Staffi_
Sense spoken at last....
i will second that pete
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Old Oct 27, 2011 | 06:03 AM
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Originally Posted by rsmat
No mate... I will never get rid of D22 BLC...
Nice one it would be mint.to have both a 3dr cossie and a RS500.
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Old Oct 27, 2011 | 11:15 AM
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For £43,000 I would want the drivers door to be the same colour as the rest of the car and not a shade darker !!!

Last edited by A.J.; Oct 27, 2011 at 11:16 AM.
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Old Oct 27, 2011 | 01:39 PM
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Originally Posted by A.J.
For £43,000 I would want the drivers door to be the same colour as the rest of the car and not a shade darker !!!
I thought it was just me when I saw the mismatch paint
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Old Oct 27, 2011 | 01:52 PM
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Originally Posted by arch
I thought it was just me when I saw the mismatch paint
cameras and streetlights never lie
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Old Oct 27, 2011 | 03:14 PM
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Originally Posted by Glenn.
Nice one it would be mint.to have both a 3dr cossie and a RS500.

It is pal especially when they're both Moonstone as well....

Daz...
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