Modern Classic Car Valuation

[DRD]

Does anyone on here know how to effectively value and sell a modern classic please?.

I have a 94 Merc SL500 with 37,000 miles. Garaged, well maintained, all working, paintwork has been done and is virtually flawless ....

These things are reasonably common and were comfortably below ten grand all day long ten years ago.

They cost over £70k in the early 90s. Condition now varies enormously from runners with phenomenally expensive to fix electrical or hood faults right up to no expense spared, one rich elderley owner minters.

When I look at autotrader for cars below 60k miles, prices vary from £12.5k to £35k which sounds outrageous.

High teens for mine would be my guess, but I don't want to get screwed.

 

[johnwhitfield]

Sorry no idea but I’ve now got visions of pinheads all over the UK now having conversations with their partners along the lines of “well I know ive spunked tens of thousands on pins over the last few years but what would you think of me starting to collect classic cars....”. For some reason divorces tend to spike in late December.

 

[Rob zombie]

Whilst this might not always apply to pinball machines I think you can get a good idea for classic car values by searching on eBay using the Sold/Completed filter. I recently sold an old car on there with no Mot and in need of a full respray, recommissioning etc. I was debating whether £500 was too much as a starting price. In the end bidding went crazy. Within the week it had over 2000 views and 400 Watchers on it and sold for just under £4K. Values are sky high and people are buying. Not the best time of year for selling convertibles though of course.

 

[Deleted member 2463]

I’d put it up for 35K and see what happens.

SL is a very collectible car.


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[JAG555]

I doubt this is a £30k car (yet!). I would have thought high teens too.

This probably will be a modern classic in the future, but I don’t think it is there yet!

It’s always difficult to get a price a modern classic, but maybe stick it up for mid-£20k and see what interest you get.

 

[M4carp]

That’s cheaper than a Renault Clio V6 early 2000’s they go £30k up

 

[JAG555]

That’s cheaper than a Renault Clio V6 early 2000’s they go £30k up

That’s because most of them were written off............. :0)

 

[Charliemouse]

Just bear in mind owners are ASKING astronomical sums for modern (and older) classics... doesn’t mean they get it. Even apparent sales (i include knock-downs at high-end auctions here) don’t always result in the sale.
The market is much softer than 3-5 years ago’s peak.

 

[Kman]

I picked up a black SL350 in AMG spec in pristine condition, FSH, heated air scarfs, etc, with lower mileage and a lot younger about 6 years ago for £30k and traded it on for less a couple of year later. While you're right that asking prices vary widely, I'd be surprised if pushes much thru £20k...……..but you can always start high and ratchet the price down! See also what Piston Heads is carrying them at.

 

[Deleted member 2463]

Put it up high and see what happens!


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[Deleted member 2463]

Put it up high and see what happens!


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[Rob zombie]

Judging by what cars have sold for on eBay you're looking at probably £14k as an average price for a decent example. Could get lucky if the spec or colour is unusual, very low number of owners, or something out of the ordinary happens. That's a fairly conservative estimate. It's a very unpredictable marketplace. People are asking £30k+ for bloody Capri's.

 

[The seeker]

9k