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      09-17-2018, 03:09 AM   #1
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Fast Ford Tax

Is getting out of hand these days

Lovely car, but that price is eye-watering

https://www.ebay.co.uk/itm/Ford-Esco...MAAOSwiXVbl4qq
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      09-17-2018, 03:34 AM   #2
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There is so much money out there, that even the more humble stuff is fetching silly money.

My neighbour is designing and manufacturing custom built exhaust systems for the Jaguar guys. He gets opportunities to see some amazing car collections, all over the world, where the security is better than we'd get in banks.

He was telling me a lot of the money is with business guys who are living the dream of owning cars they couldn't afford as young men. Besides being investments, many 'new' owners are wanting to drive them, so not just hidden away as many collections have been.

What has surprised my neighbour, there is so much money being spend on classics and sought after cars, buying, restoring, tuning, it is unbelievable.
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      09-17-2018, 03:37 AM   #3
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There is so much money out there,
indeed . It used to be tied up in investment plans. But as they are rubbish at the moment. People are spending it on old cars.
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      09-17-2018, 03:51 AM   #4
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I see Shmmmmmmmm150 has picked up a Heritage Focus RS, no doubt looking to keep and speculate it will go this way.

Hmm not so sure, but I guess in this modern era you can put a limited edition badge on a turd and it might go up in value!
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      09-17-2018, 05:38 AM   #5
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Originally Posted by JustChris View Post
I see Shmmmmmmmm150 has picked up a Heritage Focus RS, no doubt looking to keep and speculate it will go this way.

Hmm not so sure, but I guess in this modern era you can put a limited edition badge on a turd and it might go up in value!
Unfortunately, he's a massive wanker!
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      09-17-2018, 05:40 AM   #6
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Thats what happens when RS500's are going for over a 100k.
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      09-17-2018, 05:49 AM   #7
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This feels like a bizarre speculative bubble. I can see why an old E Type, a DB5, or even a GT40 should become a collector's item and justify a high price, but some of these old Fords were just mass-produced chavvy piles of crap even when launched, and had nothing special about them. They remind me of a Tracey Emin 'artwork' which relies on the greater fool principle as an investment.
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      09-17-2018, 06:35 AM   #8
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Originally Posted by JD6 View Post
This feels like a bizarre speculative bubble. I can see why an old E Type, a DB5, or even a GT40 should become a collector's item and justify a high price, but some of these old Fords were just mass-produced chavvy piles of crap even when launched, and had nothing special about them. They remind me of a Tracey Emin 'artwork' which relies on the greater fool principle as an investment.
If you can get good money for them now...sell I'd say!
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      09-17-2018, 07:26 AM   #9
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Look how dated that interior is, it’s even worse than an M2!
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