Why havent these cars sold?

General Chat with an emphasis on BMC Minis & Other iconic cars of the 1960's. Includes information on MK1 Action days.
haynes
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Why havent these cars sold?

Post by haynes »

These 3 cars seem to have been on cars and classics for months, whereas other cars disappear almost as soon as they get advertised and ticket prices still seem to be increasing. Just wondering whats wrong them?

http://www.carandclassic.co.uk/car/C680513

http://www.carandclassic.co.uk/car/C729168

http://www.carandclassic.co.uk/car/C707484

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mk1
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Re: Why havent these cars sold?

Post by mk1 »

I have already said elsewhere on the forum that I strongly believe that due to our referendum decision to leave the EU the demand for classic cars has begun to soften.

No doubt really nice ones will continue to demand good prices, but the froth has definitely been knocked off the top of the market.

As the economy continues to shrink, unemployment increases & more businesses fail, it will probably get a lot worse. The weaker pound will also make it more likely that any decent cars end up leaving the country.

M
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BLT
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Re: Why havent these cars sold?

Post by BLT »

mk1 wrote:I have already said elsewhere on the forum that I strongly believe that due to our referendum decision to leave the EU the demand for classic cars has begun to soften.

No doubt really nice ones will continue to demand good prices, but the froth has definitely been knocked off the top of the market.

As the economy continues to shrink, unemployment increases & more businesses fail, it will probably get a lot worse. The weaker pound will also make it more likely that any decent cars end up leaving the country.

M

lol, seems 'Project Fear' is alive and well :lol:

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mk1
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Re: Why havent these cars sold?

Post by mk1 »

All I have to do is look at my accounts for the last 3 months to see what's happened since 52% voted to leave, that's not project fear, it's just fear!

My business is to a great extent dependent on the building industry which has fallen FLAT ON IT'S ARSE since June 23rd.
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"I'm a very friendly Lion called Parsley".

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gpmini
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Re: Why havent these cars sold?

Post by gpmini »

All beautiful cars. Maybe the higher production numbers for the Cooper models (vs the S) means significantly lower demand? The big bucks seem to be in the very early cars and variants. Still, the fiesta yellow car in particular is lovely.

Leon
Last edited by gpmini on Thu Aug 11, 2016 5:30 pm, edited 1 time in total.

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Andrew1967
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Re: Why havent these cars sold?

Post by Andrew1967 »

Whilst I don't disagree with Marks comments on the market, lets face it almost EVERYTHING that's going wrong at the moment is being blamed on Brexit. :roll:

I work for the oil industry which was on its arse long before Brexit.

Uncertain times ahead for sure.

As far as those cars are concerned, I simply don't think they are worth the asking price (is ANY Mini worth the stupid prices seen in recent times ?)

Certainly the Fiesta Yellow 998 Cooper is not worth anywhere near that price, having achieved just under £10k at auction a while back, which I thought was a bloody good result (and the widow of the previous owner thought too).

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mk1coopers
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Re: Why havent these cars sold?

Post by mk1coopers »

I didn't think fiesta yellow was available in 1968 ? Plus why would a Cooper have a plain powder blue interior, was it special order or just restored to the previous owners spec, if it's the former I can see why they would want to get good money for it, if it's the latter then I can see why it's not selling.

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Andrew1967
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Re: Why havent these cars sold?

Post by Andrew1967 »

mk1coopers wrote:I didn't think fiesta yellow was available in 1968 ? Plus why would a Cooper have a plain powder blue interior, was it special order or just restored to the previous owners spec, if it's the former I can see why they would want to get good money for it, if it's the latter then I can see why it's not selling.
It was restored by the owner to his own personal choice. Due to a tragic accident last year, he didn't get to use the car much, having owned it for quite a few years. I think it was Island Blue / White originally

I can tell you exactly where the powder blue interior came from and even from what car ;)

Its a nice car, but £15k for a non standard Mk2 998 - no !

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Highnumbers
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Re: Why havent these cars sold?

Post by Highnumbers »

Sometimes cars just sit because the listing is a terrible presentation.

Take the almond green Cooper, for example. All those shots of the exterior and not one of the interior? Plus the photos don't look great or put the car in a good light. Might be a good car and a decent buy at 15K but the listing isn't very appealing.

There is always uncertainty in the market for collector cars, but they aren't making more of these cars and I see plenty of younger guys that are into all classic cars, including Minis. Long-term I'm not worried about "paying too much" for a car, especially when you get to enjoy it.

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surfblue63
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Re: Why havent these cars sold?

Post by surfblue63 »

haynes wrote: Just wondering whats wrong them?

http://www.carandclassic.co.uk/car/C680513 Wrong Colour

http://www.carandclassic.co.uk/car/C729168 Location and panel fit

http://www.carandclassic.co.uk/car/C707484 Not sure. Looks tidy enough and is probably the best of those three in the pictures
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