Anyone else heard about this car. I can't believe it wasnt even washed when it went to auction..

The prices of these cars is just mad. It's not your everyday enthusiasts game no more.

 

Washing would have made it less desirable.people like dust on a barn find!
The market didn't dictate the price more than one bidder did
It no doubt was bought by a very wealthy person that will have it restored then sit it in his barn/museum with his other collection of exotica
and IMO theres nothing wrong with that.

Steve

 

I suppose if your a buyer are you gonna put miles on the car for it to de depreciate.. Its just a shame that cars were built to be used and not just to sit to be looked at.

 

Thats the thing glenn not all cars are built to be used
most super exotica cars have very low mileages like ferrari F40's etc you see loads of them for sale with less than 2000 miles on and they are of similar age to cosworths

Steve

 

Its great news for owners but unfortunately it makes it harder for those who want to get into Cosworth ownership.

 

This is the one with S1 "RS" decals on the side?

 

How many people that own the likes of Ferrari F40s etc actually ever drive them "properly"? Status symbols or bought as investments is my guess.

 

Yep that's the one

 

I was there and whilst the average would not pay what the buyer did, he obviously has the finances to be able to do so.

You have to remember in actuality it's 84,800K, as the buyers premium was 6%.

It got to 50 K or so and the bidding seemed to slow down, I then took off again at the end the guy was up against a phone bidder who put 78K, but he put his final bid in to secure it.

I bid on a non runner (again had been in storage for 14 years), which went for £32,500.

Martin

 

Anyone know what the details were? Mileage etc.

Thing is with this stuff the mintest resto ever will never be acceptable for a certain buyer (and I can understand that). If that car was original and in good condition underneath then it’s a different ball game to a restored car.

I did read on IG that a farmer had bought it new and tucked it into a barn but don’t know if that’s BS or not but might account for the price.

Its a shame they wiped off the dirt they did really and could be considered a bit rude people touching it in the auction. I know some classic collectors would actually request the genuine barn finds remain untouched before sale and it actually seems to get buyers more fired up. Last thing some Ferrari collector wants is his genuine barn find 250 turning up with “clean me” and a smiley face on the back!

I work on some classic ferraris for a chap and most of them don’t even get used. Currently going through the Cambelts on them and the last time some turned a wheel was 5 years ago when the cambelts were changed!

 

supposed to be one owner and 7200 miles but must have been stored poorly as didn’t look like it ,and why someone would colour code door handles and mirrors is beyond me

 

If you look at the mot history. It last failed on 4 tyres and that is all.

 

Yeh its defo a harder game to be in now if you wanna own a saph.

 

What condition was that in martin

 

Another white one and in VGC and original, had a suspected fuel pump relay failure.

Martin

 

Easy fix then.

 

I just checked the auction website and the non runner was nearly 35k with fees. It wasn't anything special with 4 owners and 80 odd thousand on the clock so don't get why anyone would pay that when a good running really nice condtion moonstone one sold for 32k a few weeks ago at auction?

 

the luck of the draw at auctions mate

 

Maybe there was a personal connection to that car so the buyer did'nt mind paying over the odds to get it?

 

cars are always worth what the buyer is willing to pay for. i just don`t see why (any) cosworth should not be used as a weekend fun car once in a while. they were built to be driven.

a F40 etc. is in a different league, these cars are more of an investment (than an RS ford) and i would be scared to break something while driving.

 

I do agree with you that Cars are meant to be driven and enjoyed but for some people they are bought purely for investments and will never turn a wheel or get any mileage put on them.Their owners just look at them as a commodity to keep long term to make money, Their enjoyment is in the profit they will return not in driving them!

 

The worlds gone mad, I am an avid cossie fanatic through and through and am desperate for another road car although I already have a few cossie but I cannot or will not justify the crazy prices that they are commanding these days. I feel for the true fanatic/enthusiast it’s ruined it as these where the ultimate boys toy back in the day and it feels like the end of an era.

 

They are so rare now rich it was inevitable they were going to get caught up as collecters look for the next big thing.this 80k car is a one off though

 

The problem is the crazy prices for both the cars and spare parts have only got so sky high because people with more money than sense keep paying what the greedy sellers are asking!!! If people were strong enough to refuse to pay such inflated prices they would have start to come back down to sensible levels.

 

The price of parts follow s the price of the cars mate,that a fact of life we have to deal with now

 

A lot of people say it’s good if you already own one but it’s not as your to scared to use it properly in case you damage it as you either can’t find the bits or there to expensive. It’s really ruined it for me to be honest as I like to drive the car and enjoy it.. my old 3dr is for sale at the moment and although an awesome car and I’d love to have it back I would never part with the 45k there asking for it.

 

That was just nuts mate I couldn’t believe it.

 

I agree will all your comments above. Cossies are defo not an enthusiasts car no more. The people like myself simply cant afford the prices of some of the parts.

In still gonna try to enjoy mine and hopefully use it more.

 

Why do people have to sell the parts at such inflated prices? It seems like they just think of a price and quadruple it with a "fuck you" attitude of "if you want it that's the price take it or leave it" not "this old part I have had for ages will help a fellow Cosworth enthusiast out so I will sell it for a reasonable price" Greed and lack of conscience is the problem in my opinion..

 

Most retro cars have gone up in value it's not because there rare or considered special by owners it's purely down to people of age with good disposable money being able to live there child dream and this has driven the prices up as people start buying with there dicks rather than there head .

I was dealing with a bloke who actually paid the biggest sum for a group A touring car when you bare in mind a rouse or engenberger cars wee fetching between 20 and 30 k he paid 85k for a slow never won a thing group a 500 so over night cars with providence were worth more lol. So in true its actually stoopid moves that put the values up pmsl .

Remember the escort cossie with 800 miles on it that sold for 100k ? It sold for 70k a few months after.

Cars can not be valued by auction prices and most normal cossies with no providence never sell for advertised price

 

Your the exception Glenn,that won't pay a few quids for a back bumper lol

 

A prime case of getting caught up in auction frenzy jay.he obviously couldn't afford to hold onto it

 

Do you anymore about the £100K Escort Cosworth Jay? Why did the person sell it on with a £30K loss a few months later? Was he a dealer who got his fingers burnt or a private buyer as it seems strange to me if the buyer paid £100k for it why did'nt he want to keep it?

 

I would pay a few quid..... I wouldn't pay a few hundred quid ha ha ha.

 

now that doesn't surprise me glenn