LHD MK1 Lotus Cortina on Ebay
- Thread starter kevflight
- Start date
Keith Halstead
New member
Think this is Steve Ollier again - we saw this in 2011 - seller id wickedkitmoco (Wigan) - sold for £12,500 then possibly?? :-
http://www.ebay.co.uk/itm/Lotus-Cor...e&rt=nc&_trksid=p2047675.l2557#ht_1114wt_1230
http://www.ebay.co.uk/itm/Lotus-Cor...e&rt=nc&_trksid=p2047675.l2557#ht_1114wt_1230
So the seller thinks it’s worth 30K finished to a high standard (2013 pricing).
That it will take 7k to bring it to the 30k standard (1980’s pricing)
That it’s worth 23K just now (crazy pricing).
I think the seller has selective pricing disorder- usually treated by a dose of reality remedy.
That it will take 7k to bring it to the 30k standard (1980’s pricing)
That it’s worth 23K just now (crazy pricing).
I think the seller has selective pricing disorder- usually treated by a dose of reality remedy.
Keith Halstead
New member
L2Man said:
£5 profit - I thought you were an accountant...?
Steve Phillips
New member
Guilty !!! yes its mine , the asking price is high but there is no crime in asking and there are no similar cars about ,it may not get that but if it was 15k to £18k then you could sell ten of them easy we all know that. its complete you don't need 10k of parts at all , its a numbers match original shell that looks worse than it is , I know cars are not selling easy for £40 k but that's not the point , for £30 k you can have a perfect restored car if you are capable of doing it yourself , and as to the £10 k value get in the queue , it starts at Wigan ends at Goodwood , I have one in a restoration shop now and the price to restore it is crazy I agree , I wished I had started with this one . Its really many years since I have seen one with all its bits and screws and bolts untouched and anyone who knows me knows that I have had a lot of cars through my hands , it wont sell to anyone on this forum but that's not the market , and of course it may sell cheaper depends what offers I get , but be sure of one thing there wont be many like this offered in the future and only one man can buy it and it will be gone , I will keep you all posted
Keith Halstead
New member
You can't argue the logic Steve - what happened to the sale the first time then, or wasn't it sold?
Hi Steve, it was "IMHO" and I do agree 100% with my selective quotes above!!
I genuinely hope you get what you want for it and the demand is there as it underpins the values of our cars and helps justify the cost of maintaining and keeping in good nick.
No offence intended,
but a forum is for opinions and I still do not see a resto for £7k, sorry, but I could be wrong on end value for a LHD car unless going racing maybe.Cheers
Brendan
Steve Phillips
New member
No I agree If you had to pay a painter it could cost over 5K that's without doing all the other work ,its a do it yourself job , and I don't know the value and I don't think anyone does , it wasn't sold the first time I advertised it but to be fair I did turn down £20 k , not because I was greedy but because I do love the cars and for me its the best way to make a stunning one rather than have to pay out massive money to get one for the mantle piece , but I will run out of time and money so its got to go , in some ways its better to restore this , if someone wants it to profit from it then forget it , that was my job, but you cant argue with the asking price of others that eventually sell and go into collections never to be seen again , I know its a cliche but its money in the bank as it is, I just don't know how much money , remember what I ask and what I get may be two different things , personally I like the Rat look idea because in the early 80s that's how I first remember these cars , you must remember that many classics are a labour of love and get many hours and pounds spent on them and they never get there money back and don't care , there are owners on here spent fortunes over the years on an old Cortina because of the love of the car , its just luck that the values have risen and it justifies it to the wife , spend £15000 restoring an MGB don't make it worth £15000 does it but who cares as long as people are happy , I will keep you posted
Steve Phillips
New member
Enthusiast
Buy now £15k
Restore self (parts only) £10k
Value say £22k as LHD and amateur resto?
Brendan
I want to say that you are spot on in the world we want to live in , we would love to buy them for 10K but this is a Lotus Cortina , there are guys out there spend £10 k on a weekend out at Spa with a car they think is a Lotus Cortina , and people paying good money to watch the spectacle of a gaggle of Cortinas and Mustangs going into the first bend , we sit there with our £35 k cars in our garage and to a lot of people that money is nothing ( not me ) actually not me because I keep messing about with Cortinas when I should have been messing more with E Types , Ferrari , or Bizzarrinis , I remember a guy John Wood , many years ago a famous Cortina Lotus owner and member in the 80s , really nice guy used to build my race car diffs , sold Roger Clarks car for nearly the price of his house and bought a Ferrari ,It was a pleasure to see him again at a race meeting driving a race car , not a Cortina but that Cortina had an effect on his life , don't tell me that if you could swop your cars for a 430 that you wouldn't ,eventually you will , or your wife or kids will , so in the meantime lets support the cause and don't knock the values because its not us on this forum that's buying them
Buy now £15k
Restore self (parts only) £10k
Value say £22k as LHD and amateur resto?
Brendan
I want to say that you are spot on in the world we want to live in , we would love to buy them for 10K but this is a Lotus Cortina , there are guys out there spend £10 k on a weekend out at Spa with a car they think is a Lotus Cortina , and people paying good money to watch the spectacle of a gaggle of Cortinas and Mustangs going into the first bend , we sit there with our £35 k cars in our garage and to a lot of people that money is nothing ( not me ) actually not me because I keep messing about with Cortinas when I should have been messing more with E Types , Ferrari , or Bizzarrinis , I remember a guy John Wood , many years ago a famous Cortina Lotus owner and member in the 80s , really nice guy used to build my race car diffs , sold Roger Clarks car for nearly the price of his house and bought a Ferrari ,It was a pleasure to see him again at a race meeting driving a race car , not a Cortina but that Cortina had an effect on his life , don't tell me that if you could swop your cars for a 430 that you wouldn't ,eventually you will , or your wife or kids will , so in the meantime lets support the cause and don't knock the values because its not us on this forum that's buying them
Steve 155C
New member
Hi Steve - has the car had its import duty and taxes paid , and does it come with all the relevant paper work to get it UK registered once its restored?
Steve Phillips said:
I would rather eat glass than swop a cortina for a ferrari (who can get 5* and garlic to run it on anyway) :lol:
Seriously I bought my first LC when I was 19 and it is part of my life so would never get a Ferrari, but probably your end customer would as its a car they buy cuase they are in demand rather than any affinity they have for the marque? Maybe?
good luck
cheers
Brendan
Steve Phillips
New member
Yes it came in a container and was cleared customs by myself , to be honest its a good question but it cant get out of the port unless its all paid , I have enough to register it properly with an age related number and as a Lotus Cortina but it cant get a V5 untill its got an MOT , It can be done but I cant do it so it will have to wait till its got its ticket . when its got its V5 it can travel the world very easy ,actually it could go back to the USA and get more than it was sold for when its got papers with it , if it needs anyone to look at it to say its genuine well of course I don't mind that however I do know a guy that's had 35 years of checking out these cars and he says its ok .
Steve Phillips
New member
Brendan I agree , I bought my first one when I was 17 years old with the wrong engine, happy because I could insure it, and have never been without one for 35 years , but you said it supply and demand takes up the price not just on these cars but all sorts , bloody escorts are over taking us and one of the reasons for that is that they cant buy the raw Cortina like this to restore but they can an escort , but my point stays the same on here we are not buying the cars , we are all eventually selling , so here is not the market place its the guys with serious money collecting and racing them and there are not enough to go around
But to be fair I would swop one for a Ferrari 360
But to be fair I would swop one for a Ferrari 360
Keith Halstead
New member
Sold for £15,100
Steve Phillips
New member
No Keith it didn't sell because the reserve was a bit higher , I will have to list it again but a bid like that is not so bad considering its terrible pictures , I might have to tidy it a bit but really I wanted to show it as honestly as I could