Current UK market values, MK1 and MK2

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Steve 155C
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Current UK market values, MK1 and MK2

Post by Steve 155C »

Does anyone have a feel for current UK market values ? Just guide prices for the following.


Concours
Excellent
Very Good
Average
Resto Project
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Keith Halstead
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Re: Current UK market values, MK1 and MK2

Post by Keith Halstead »

Pre-aeroflow & Aeroflow ?
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Steve 155C
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Re: Current UK market values, MK1 and MK2

Post by Steve 155C »

Both, plus series 1 and 2 Mk11s
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Pete G
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Re: Current UK market values, MK1 and MK2

Post by Pete G »

Well you could look at Car and Classic to see what cars are on sale for as a starting point !
https://www.carandclassic.com/list/29/cortina/
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Keith Halstead
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Re: Current UK market values, MK1 and MK2

Post by Keith Halstead »

I'll start off

Pre-Aeroflow

Concours - £80k
Excellent - £60k
Very Good - £55k
Average - £50k
Resto Project - £35k

Aeroflow

Concours - £70k
Excellent - £50k
Very Good - £45k
Average - £40k
Resto Project - £25k
squishcolin24
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Re: Current UK market values, MK1 and MK2

Post by squishcolin24 »

How about Mk 2 values
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Andy M
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Re: Current UK market values, MK1 and MK2

Post by Andy M »

Current Market values with cars actually selling are only a rough guide.

This is a bold statement, but almost all the cars that have sold lately at auction have been suspect as non genuine!
Not all obviously, but many, therefore, as many prospective buyers would be aware of these "outed cars" auction prices are not indicative of genuine cars sales!

Andy M
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Re: Current UK market values, MK1 and MK2

Post by ErrolSchwegmann »

Being in the market for a MK I LC I was most interested in the ball park values supplied by Keith in this post. However that was almost a year ago. No doubt these have all altered since - assume upwards. Any current figures available please?

Also I understand from reading that a reshell drops the value. This is understandable, but by how much?. Two related questions:
1. If a LC was damaged in an accident and the body was replaced with another LC body of the same period / model is this considered a reshell?
2. If a seller is open about their LC starting life as a Super etc. and not a LC, and the price is adjusted accordingly, then I guess this would not be seen as an issue within the LC community. Willing buyer etc.

I really appreciate all advice.

Best
Errol
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Keith Halstead
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Re: Current UK market values, MK1 and MK2

Post by Keith Halstead »

ErrolSchwegmann wrote: Thu 18th Jan 2024 5:23 pm Being in the market for a MK I LC I was most interested in the ball park values supplied by Keith in this post. However that was almost a year ago. No doubt these have all altered since - assume upwards. Any current figures available please?

Also I understand from reading that a reshell drops the value. This is understandable, but by how much?. Two related questions:
1. If a LC was damaged in an accident and the body was replaced with another LC body of the same period / model is this considered a reshell?
2. If a seller is open about their LC starting life as a Super etc. and not a LC, and the price is adjusted accordingly, then I guess this would not be seen as an issue within the LC community. Willing buyer etc.

I really appreciate all advice.

Best
Errol
I wouldn't say that prices have changed much over the year as I haven't seen many change hands. Rikki or Andy run a valuation matrix so should be able to tell.

In answer to the reshell question, my view would be :-

1) Value would not be affected as it's still a genuine shell. I'm not sure where the DVLA would be nowadays?

2) As long as it's declared as such & the buyer is happy with the price no issues I would say. There's a lot around.
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Re: Current UK market values, MK1 and MK2

Post by ErrolSchwegmann »

Thanks Keith for your response.
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