[ROVERNET - UK] "Restoring" Rovers, Market Value, et cetera

[Glen Wilson]

Guys,

It would be interesting to see some cars with prices that they actually 
SOLD for. Asking prices do not set the market price. Selling prices do. 
And if the cars are unique, it isn't even a market price then.

"Uncontrolled ammounts of $$$$ have been spent and all for your pleasure."

In the USA we had a member who had spent $40,000 USD on a P4. Someone 
correct me if I am wrong, but I believe this one last changed hands for 
$8,000 USD.

"Unique. Custom 5.0 litre Rover V8. Classic connelly leather. Factory 
electric sunroof. Only one of its kind."

This one is apparently unique, but I'd still say the price is silly. I 
don't care how much the seller spent on the car.

"A chap from San Diego is having his 67 Rover 2000TC rebuilt with a nut 
and bolt restoration up here at the world famous Guild of Restoration 
and he will have spent well over $100,000.00 when it is complete."

Some people have more dollars than neurons, don't you know.

Not only that, but cars that have been "restored" to this degree turn my 
stomach. The car may have all of the right bits bolted together, and it 
might even have similar carpet, but it is in no way ORIGINAL. It was not 
assembled by Rover craftsmen using the materials and techniques used by 
the Rover Company. It does NOT represent the typical condition or 
quality of the car when it left the factory in Solihull. It has become a 
CLONE without character. No one bought this car new in a showroom and 
proudly drove it home. No one drove his daughter to her first day of 
school in it. No one loved it and pampered it over the course of years. 
No patina. No character. No one would alter the Mona Lisa by stripping 
the canvass clean and "restoring" it a higher standard than Da Vinci was 
able to achieve at his "factory." Repair it, clean it up, and appreciate 
it for what it truly is.

Glen

Glen Wilson
http://stores.ebay.com/EasyAuctionServicesPA
A bit of this, a bit of that...



Winchester, Miles wrote:
> Bill,
>
> I would agree with what you say, but there are some model Rovers attracting
> higher prices. A couple of Rover 3.5 Coupes for sale, click on link below,
> prove that certain models can appreciate. 
>
> http://www.trademe.co.nz/Browse/Listing.aspx?id=62905489&key=43134
>
> http://carpoint.com.au/used-car/ROVER/P5B/Queensland/1824922.aspx
>
> Even this P3 75 sounds ok
>
> http://www.carsales.com.au/pls/carsales/!cs_content.private_vehicle?vehicle_
> id=3024592&current_rec=20&used_rec=27&total_rec=31&sort_type=&total_rec=31&s
> ort_type=&make_id=26
>
>
> Miles Winchester
> VDP
> Australia
>
>
>
>
>
> -----Original Message-----
> From: rovernet-bounces at lyris.ccdata.com
> [mailto:rovernet-bounces at lyris.ccdata.com] On Behalf Of Bill Robertson
> Sent: Friday, 28 July 2006 07:09
> To: rovernet at lyris.ccdata.com
> Subject: [ROVERNET - UK] Rover on ebay
>
>
> I guess some are missing the point..........The seller feels his car is 
> probably worth $15,000.............Looking at other classic sedans he may 
> not be out of line in his thinking...........However in the real world 
> Rovers would rarely reach this............Yes the cost of replicating it 
> would be much higher.............A chap from San Diego is having his 67 
> Rover 2000TC rebuilt with a nut and bolt restoration up here at the world 
> famous Guild of Restoration.........and he will have spent well over 
> $100,000.00 when it is complete..(yes you read correct).......Will the car 
> ever be worth more than say for arguments sake $10-15,000 
> ..........NEVER.........cost of restoration never ( yes in some cases with 
> really popular or rare  models) reflects the cars value when it comes to 
> sell it...............THE GOLDEN RULE  for selling is that you can ask 
> whatever you want , depending how badly you have to sell 
> it...........Whether you find a buyer at your price is largely dependant on 
> how badly they want it...................Too bad Rovers rarely are sought 
> after by well heeled buyers................only real enthusiasts like us
>
> Bill Robertson
> Just another Rovernut
>
>
>
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