[ROVERNET - UK] Value of P5 b's

[Aidrian Bridgeman-Sutton]

On 1/13/08, Dirk Burrowes <dirk at vy-tek.com> wrote:

> Some of us are living in the past with respect to value. P5s and of coarse
> the Coupe have been rising steadily in value overseas. I know as I have kept
> a careful eye on things. A outstanding example can run as much as #12,000
> (that's UK pounds)

But the point is that this is not an outstanding example - it's a very
tired and slightly rusty non-runner, The price may be slightly higher
than what you would pay for  one in a shed in the UK; it's not
seriously out of whack but neither is it a steal, though obviously you
save the cost of shipping one over the water. (Checking some examples
of rusty/tatty but roadworthy cars sold in the last year or so
suggests that £750-1000 is a pretty good reflection of the market -
non runners in sheds are much harder to find than they used to be )

Where the market has taken off is for good 3½ litres and especially
Coupés which are really starting to head  up in price and that is
having an effect at the lower end of the market as the good examples
get further out of the reach of the enthusiast with more skill and
enthusiasm than disposable income.

Cars with the rust removed but slightly scruffy chrome, leather  and
carpets can run in the £4,000-6000 range; £7000-10000 gets you a
decent restored or well maintained original example with few cosmetic
issues and usually some sort of a service history, and  the really
fancy ones hit the silly money (up to £15,000 and onwards). LHD cars
may go for a good deal more in some markets.

Aidrian