GR86 Collectability

[WpR]

Oh my. Collectability potential is looking gooood.

Guy I know (Belgium) sold his GR86 (base manual, 1400km) for 2400€ more than he bought it for. I'm sure he could've gotten more. As far as I know this is the only non-exotic car that sells for more used than new (ever, in the existence of cars??)

The guy who bought it has a collection of more than 200 cars (130 vintage VW transporters, Porsche, a pristine GT86 and already 1 other GR86). The fact that a guy like this invests in 2 GR86's is promising. Who knows what the value will be after 2024 when everyone realizes it's the last of its kind.

HODL guys!

 

[Kosh]

Cars should be driven, not collect.
They can collect models...

 

[WpR]

Cars should be driven, not collect.
They can collect models...

Cars should be driven, watches should be worn, whiskey should be drunk. But I bet he's making a lot of money with his "hobby" though so he isn't stupid.
Completely agree with you but I do like the fact it won't depreciate and I might be driving "for free" for the next 4 or more years.

 

[ZN8]

I don't think it's a car specific situation it's the environment, I think you will find this will happen more and more with performance models with the imminent demise of ICE, the GR86 isn't unique with it's appreciation here in the UK. There are a few non exotic cars which have at some stage appreciated in value or have had very strong residuals.

 

[Silver Fox]

Cars should be driven, watches should be worn, whiskey should be drunk.

But maybe not all of these at the same time...

 

[Kosh]

But maybe not all of these at the same time...

because if you watch the watch, you spill the whiskey! In your car!

 

[Ecsrobin]

Land Rover defenders were reaching around £10k over list, possibly still are. I’ve spoken to an owner who even had the dealer asking to buy their slot off them at a profit and order them a new slot if they were happy to wait longer! They declined.

 

[GRWoody]

I sold my first GRY after one year and 2.5k miles for more than I paid for it new and even ones with 10k miles are selling for just under list I think it's a combination of the car and the times we currerntly live in.

 

[cc3]

Try this

Whale-tail excess: Ford Sierra Cosworth RS500 sells for £596,250

The story behind the Ford Sierra Cosworth RS500 that sold for £596,250 at Silverstone Auction's sale at Race Retro in February 2023. Modern classics price bubble?

www.carmagazine.co.uk

 

[sim61]

Try this

Whale-tail excess: Ford Sierra Cosworth RS500 sells for £596,250

The story behind the Ford Sierra Cosworth RS500 that sold for £596,250 at Silverstone Auction's sale at Race Retro in February 2023. Modern classics price bubble?

www.carmagazine.co.uk

OMG!!!

 

[OPC100]

Try this

Whale-tail excess: Ford Sierra Cosworth RS500 sells for £596,250

The story behind the Ford Sierra Cosworth RS500 that sold for £596,250 at Silverstone Auction's sale at Race Retro in February 2023. Modern classics price bubble?

www.carmagazine.co.uk

Ha ha. Crazy. No way worth it, but it only takes two to drive the price to stupid levels at auction. I've followed a number of 80s/90s car prices over the years, especially ones that I owned or had on 'the shortlist' at some point or another and whilst I love this era (and many other people do too at the moment), I really feel that the arse will fall out of the market at some point.

What with future fuel, taxation unknowns and generally investors losing interest, I think some people could lose out on this crazy market.

 

[ZN8]

Car Magazine:
There is growing realisation that modern classics are a rare breed that will not be replaced; those sceptical of the march of EVs are hankering for the more analogue greatest hits from yesteryear, pushing prices up.

Yet in instances like this, it will never be driven, so what is the point. It makes for a good read and I can admire seeing something like that being preserved but you wouldn't catch me doing it, cars aren't ornaments, their enjoyment is driving, not just looking at them.

 

[Ecsrobin]

Yet in instances like this, it will never be driven, so what is the point. It makes for a good read and I can admire seeing something like that being preserved but you wouldn't catch me doing it, cars aren't ornaments, their enjoyment is driving, not just looking at them.

1988 Ford Sierra RS500 Cosworth Group A - Highly competitive Ex-Chris Hodgetts 'Brooklyn' BTCC car - Duncan Hamilton ROFGO

www.dhrofgo.com

1988 Ford Sierra RS Cosworth Group A works rally car - Highly original Ex-Stig Blomqvist world rally car - Duncan Hamilton ROFGO

www.dhrofgo.com

 

[Nick]

Try this

Whale-tail excess: Ford Sierra Cosworth RS500 sells for £596,250

The story behind the Ford Sierra Cosworth RS500 that sold for £596,250 at Silverstone Auction's sale at Race Retro in February 2023. Modern classics price bubble?

www.carmagazine.co.uk

I saw that car close up for myself yesterday, and for an old Ford Sierra, it's a great example, but for nearly £600k, someone has more money than they know what to do with.

 

[Dal3D]

I saw that car close up for myself yesterday, and for an old Ford Sierra, it's a great example, but for nearly £600k, someone has more money than they know what to do with.

I saw it on Saturday funnily enough... I thought to myself that with RS and Cosworth tax it'll be well north of £100k for a low mileage example. Didn't expect it to go for that though!