Wanted, 2.8i or 3.o

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andyd
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Re: Wanted, 2.8i or 3.o

Post by andyd »

Depressing Indeed Andrew,

A time will come when a Classic Car owner wont be able to afford to repair/maintain their vehicle, due to the cost or availability of spares.
That in turn will end up with Insurance Companies upping the Premium and Agreed Values will cease :crying:

On the bright side it's only 2 months to Simply Ford :woot:
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Re: Wanted, 2.8i or 3.o

Post by Andrew 2.8i »

andyd wrote:On the bright side it's only 2 months to Simply Ford :woot:
That's cheered me up! :cheers:
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Re: Wanted, 2.8i or 3.o

Post by andyd »

[quote="andy a"]
Capri prices are all over the place at the moment, but the asking price is always just that, when you point to the example I posted in the top section of the board about the lowish mileage 2.8 special that went through Kings Lynn classic auction for £8800 including the buyers and sellers premiums plus VAT the seller ended up with just over £6500 in his pocket, and that's with some pretty heavy duty buyers in the room, since then it's been through at least 2 dealers and been marked up to £15k, but to my knowledge hasn't sold yet,

Hi Andy,
The White 2.8 injection has been re advertised at £12995 but the Blue 4 Speed is still at £10995....
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Re: Wanted, 2.8i or 3.o

Post by Andrew 2.8i »

andyd wrote:The White 2.8 injection has been re advertised at £12995.
It's heading in the right direction, but I'm guessing that it's got to be reduced further before anyone will be tempted. Andy included, I would imagine!
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Re: Wanted, 2.8i or 3.o

Post by andy a »

Well, I went, I saw, and I'm undecided, the owner is a very nice bloke, I think he's priced it at what he thinks is reasonable, and when I started pointing out bits he was listening, and coming up with the right answers, needless to say it's not exactly what I wanted, but then again it's 30 years old'ish.

It's had some work done in the past, all receipted, outer sills, a wheel arch, lower rear quarters and strut top reinforcemant plates, along with a respray, all done to a goodish standard, pity they plug welded the tops in place rather than spotting them in, and there's some rust on the offside wing cap, which you can feel below, it isn't through yet, but has blistered the paint, and there's some around the side of the headlight bowl on the same wing, then there's a bit of light lifting at the wheel arch edges, not a great amount, but once you get the paint off you know it will be more, and above the rear of the sill on the drivers side.

The seller has acknowledged the faults, and the car isn't badly presented, I left it as I'd have a think and call him back, I just have to make my mind up as to whether I want another one that needs work (although it's very minor compared to my Mk1), the MOT's up in a couple of months on it as well, not the best selling point in the world, so I'll give it a mull over tonight, but as presentable as the car is I know the small bits would niggle me and it would be headed in for a new wing and paint as soon as it landed here, and up goes the bill again lol.

Re the white 2.8i, I used to own one exactly the same, and sold it in the dark distant years when the kids were young (well, the oldest, the youngest still is) an money was tight, and if it were reasonably priced I'd be on it in a minute, you have to question peoples motives for selling into the trade, or at auction, as I've already said the car achieved £8800 when it went on the block, take away the buyers and sellers premiums and VAT and the seller got paid £6694, for what is billed as a 54000 mile car in apparently very good condition, and that's with a room full of people with deep pockets and some serious collectors bidding, time for a reality check somewhere down the line I think for some people...
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Re: Wanted, 2.8i or 3.o

Post by andy a »

peers.dupp wrote:Hi,
What a bleak vision for future Capri ownership andy a has painted there! I can see exactly what he means. I can't believe how the asking prices for parts and especially cars has shot through the roof in the few years that I've owned mine. I won't bother listing examples of asking prices for cars as we've all seen them advertised for sale. It's been said before, but now cars coming onto the market seem to be priced at the level of those cars, and not at a price level that to most eyes appears reasonable. I'm just pleased that I bought mine when I did, because these days a decent(ish) car would be probably be beyond what I would be willing to spend.
Anyway, good news that the lacquer red car is still available. I really think, judging by the photos at least, that it's the most reasonably priced decent 2.8 for sale at the moment. I hope that the weather is on your side today, please keep us updated with the result of the viewing.
All the best,
Andrew.
I don't mean to make things sound quite so bleak, it's just a natural talent I have :lol:

When you look at Mk1's now the parts are in scarce supply, granted, but then on the other face of the coin what is parts demand like, not exactly thriving with the amount left, a few people have stored parts over the years, and good luck to them, they purchased them when nobody wanted them, and when no doubt a lot of stuff was being thrown away from dealers as "C stock", (I once cleared 2 luton vans of Mk2/3 Capri, Mk2 Escort, sierra etc parts from a local dealer for £100, a bargain even way back then, but they were going to skip them if I didn't take them), one example being a panel I was offered at £400 at the end of last year, the seller then contacted me again through another forum last month offering the same panel at £575, when told he had offered it to me for the original price a few months back the reply was "I'll bring it out again in summer, and it'll be £625 then", not his fault apparently "supply and demand", but if the market wasn't there at £400, is it there at £575, maybe not, maybe it is, his parts, his prices, would I buy it, I'd have to be desperate, and at the moment I'm not, like most, for me it's a hobby, and I have a family (along with all the associated holidays with the school, trips out, latest gadgets, latest clothes etc) to pay for, so I have to look at the finished article, and balance that with financial input, will I ever get my money back, not likely, but I have to keep that loss down to a sensible level, or risk the wrath of her indoors :o
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Re: Wanted, 2.8i or 3.o

Post by MS Injection »

pbar wrote:That's a good find Mike, and a realistic price, which you rarely seem to see at the moment.
Hi Paul

I thought the very same. Tempted myself TBH but the wife would absolutely never forgive me!
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Re: Wanted, 2.8i or 3.o

Post by MS Injection »

andy a wrote:Very good find Mike, but a bit far for me to travel at the moment, if not I'd be going to look at that first TBH at half the asking price of the other one.
That's fair enough Andy. Looks like it could be a good car if you decide to make the journey.
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Re: Wanted, 2.8i or 3.o

Post by MS Injection »

I have to say Andy that I think he wants too much for it
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Re: Wanted, 2.8i or 3.o

Post by Andrew 2.8i »

andy a wrote: will I ever get my money back, not likely, but I have to keep that loss down to a sensible level, or risk the wrath of her indoors :o
Andy,
A sensible philosophy, I think. Few people buy, restore and run with an eye on future resale. That is, in my opinion, to miss the point of owning one of these fabulous cars, as well as a sure-fire way to get your fingers burnt in the process. However, as you quite rightly say, even as a labour of love the spending has to be kept under control. Either that or hide the receipts from her indoors! ;)
All the best,
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Re: Wanted, 2.8i or 3.o

Post by andy a »

peers.dupp wrote:
andy a wrote: will I ever get my money back, not likely, but I have to keep that loss down to a sensible level, or risk the wrath of her indoors :o
Andy,
A sensible philosophy, I think. Few people buy, restore and run with an eye on future resale. That is, in my opinion, to miss the point of owning one of these fabulous cars, as well as a sure-fire way to get your fingers burnt in the process. However, as you quite rightly say, even as a labour of love the spending has to be kept under control. Either that or hide the receipts from her indoors! ;)
All the best,
Andrew.
You have to look at things logically at the end of the day, I've made mistakes way back in the past by buying cars that I liked the look of, heart ruling the head and all that, you see an odd spot of rust here and there and think that'll be okay, or can just be surface prepped and painted over, but there comes a point where you have to start looking at things as they are, especially when prices for cars, parts, and labour are rising.

A nice looking car now but with a few flaws here and there is all well and good, you could get it through the next couple of summers easily, then it may well start looking tatty, I've seen Mk3 wings advertised, and sold, at 700 quid a pop (I only use genuine panels if I can help it), so awing with a bit of work needed would in the long run probably be easier replaced, even at £600 to buy the panel, then labour and paint you'll be well over a grand getting that one problem solved, if you don't open up a can of worms when the wing comes off, then you look at a sill that's already been replaced, and the slight bubbling above it on the rear quarter, it'll need digging out, and it'll be at least twice the size under the paint, more work, add in the other bits and you can run the bill up past 2 grand easily if no nasties are found, soon turns a 7 grand car into a 10 grand car, and your budget is swallowed up on repairs.

On the other hand, find yourself a nice original shell (easier said than done I know), and even if mechanically it's knackered you can get a lot more done with a lot less spend, my (no doubt very wrong) opinion is the market has found it's level and gone past it, as I stated sellers are now basing prices on hugely overpriced cars, which clearly aren't selling, is the Capri bubble about to burst, probably not, there are tax incentives to "collecting" classic cars now (as well as wine/whiskey, and anything you can consider an investment in place of a pension) which is why cars were flying out, but the big money boys are all well aware that property is on the up again, and interest rates are low, add in the median age of Capri owners, the next generation coming through will be looking to 90's cars as memories of their youth, and that's when prices slip away fast, look at 50's Fords, you get a lot more for your money (although the dealers are trying it on with them too), there isn't the interest, that generation are mostly well into retirement now, and a lot probably don't want the hassle, I think that will happen with the 60's-80's stuff on a lesser scale, people will get priced out and move on, then further down the line the people stupid enough to lash out big money over the next year or 2 could get their fingers burnt with rising parts prices and scarcity of parts, hopefully it won't work like that, but I like to be pessimistic :lol:

Hopefully someone will dig this thread up as an archived page in a few years and say blimey, that bloke knew his stuff, but more likely they will have just sold their 1600 Laser with 45 owners, 5 half baked restorations and a 2031 copy of The Sun fillered into the scuttle panel for 250 grand and will laugh, and say what a :wank: that bloke was...
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Re: Wanted, 2.8i or 3.o

Post by andyd »

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Re: Wanted, 2.8i or 3.o

Post by andy a »

Andy, thanks for the link, much appreciated.

Not my cup of tea though, looks like it's had work on the sill on the passenger side (can't see drivers in the pics), lower rear quarter and pattern wing(s), the shut line on the passenger sides off and the bonnet looks to be twisted.

I'm a picky bugger I know, you should see the wife when I wallpaper, and we once came close to divorce over her painting a shed in the garden (things got a little out of hand there) :lol:

The hunt continues, I may consider a project if it's in original state and nobody has gone there before with a welder, but don't really want to be hunting down more panels, the Mk1 is draining the life out of me on that front, maybe I'm expecting too much, I know there are good examples out there, and I know some are up at silly money, but with a healthyish budget (I never said that though) I'm just not seeing what I'm after, maybe it's the time of year, maybe people are holding back until the sun shines, maybe that overpriced white Special is starting to look more tempting, even with its gaps in history and the weird lump in one of the rear wheel arches, not to mention those strange back boxes :lol:
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Re: Wanted, 2.8i or 3.o

Post by andyd »

Sod you then :sarcasmalert: :lol: :lol: :lol:

I know what you mean the bigger the Budget the more we expect.
That white 2.8 looks nice enough but those Exhausts are weird :)
I spoke to him about the Blue one last year but there are a few too many aftermarket things on it and it has had paintwork.
Surprised he hasn't dropped it a £1000 or so, as it's top money it needs to be near perfect and if you have to spend more to get it back to standard.
I wouldn't swap mine for it :lol:
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Re: Wanted, 2.8i or 3.o

Post by andy a »

I know what you mean about the blue one and the after market rubbish on it, I haven't seen it, but saw the advert, the first thing that jumped out at me in the first picture I saw was a pair of what looked like LED lights under the bumper, not what you'd expect to see on a car marketed at such a high price, which goes to show the dealers just don't care, the same with the white one, again I haven't been to see it (although it's looking more tempting every day, even if only to cross it off of the list of possibilities when I can't get a deal on it :lol: ), but being ex trade myself (right at the bottom of the market as it happens) I learnt that first impressions count, even more so the higher the sticker price in the windscreen, silly things, make sure there's no marks on the wheel trims, number plates aren't delaminated, number plate screws have caps on them, trim is the correct colour and doesn't stand out as faded (Vauxhalls mainly lol), detail, get rid of anything that personalises the car, and especially get rid of tow bars, people see them and don't like them, besides, you can do them a deal on a towbar if they want one and it helps seal the seal.

My point above is that I worked at the bottom end of the trade, but made sure cars were presented well, usually on slim margins, so why can't these dealers manage that on the huge mark ups they're working on, the white 2.8 would benefit from sorting those bloody exhausts, and the wheel arch that has something going on with it's lip, the blue 2.8 has Halfrauds crap plastered all over it, KGF have a Mk2 Escort in, which I believe started at the thick end of 12 grand, and is now rolling down to a fiver under 9 grand, but only on some forums, not on Ebay, where I would imagine the biggest chance of a sale would come from with it's traffic, look at the pictures on his site, below the heater bubble on the bulkhead there is a stain running down the drivers side, I don't know what it is, but it looks like rusty old water from the cooling system to me (it can't be, not up there, but still), if it is just some staining where something has run down it what would it cost to get it off and redo the picture, it's all money to these people, and not just a little money, they want a huge chunk of the pie, without having to lift the spoon.

That said, and to keep things on topic, if anyone's still brave enough to try and sell me a V6 engined car, I'm still looking :lol:
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Re: Wanted, 2.8i or 3.o

Post by andyd »

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Re: Wanted, 2.8i or 3.o

Post by laserdude »

If you get to picky you will never buy one. There are only a 1000 2.8 injection left Taxed or on Sorn in all models Ford made. You have to also remember that the newest are nearly 30 years old so have done very well to survive. All will need something doing to them whether it be £5000 or £10000. I do hope you find one Andy but it won't be easy by what you are hoping to find.
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Re: Wanted, 2.8i or 3.o

Post by andy a »

laserdude wrote:If you get to picky you will never buy one. There are only a 1000 2.8 injection left Taxed or on Sorn in all models Ford made. You have to also remember that the newest are nearly 30 years old so have done very well to survive. All will need something doing to them whether it be £5000 or £10000. I do hope you find one Andy but it won't be easy by what you are hoping to find.
I think we all know that good ones are getting thin on the ground, it's a case of what work needs doing, the asking price, and what work you're willing to carry out, obviously the more you expect the more you'll pay, and you could take it o the point where you won't find one, I'm a realist, show me a solid example priced according to it's condition and I'd buy it if it suited me, show me one that's been welded up here and there with signs of rust at the wrong price and I'll walk away.

Look at the one I looked at last weekend, nice enough on the surface, and it would make someone a nice car no doubt, it was restored 6 years ago, but was showing the first signs of that work ageing, bubbling starting on several seams adjacent to where the restoration work had been done, lower rear corners and above the rear of the sill, the strut top plates had been done, nicely, bar the plug welds and it was showing signs of rust around the headlight bowl, okay, you could grind it all out, load it up with plod and chuck some paint at it, job done, until it comes back, or you can do it properly.

Now, my guess is that the sills, strut top plates, lower rear quarters and arches were replaced for a reason, the owner didn't suddenly think let's replace this lot because I'm bored, that reason was rust, and now it's starting to rear it's head again going by the bubbling, there were a few spots where the coating on the underside had lifted, and it was scabbing, okay, it gets used, but the waxoil was 4 years old, with no dirt on it anywhere, the car had done 6000 miles in that time, something didn't add up there, the asking price, £7,500, so, as I've said before, you buy it in at that price then look at having that wing off to sort that properly, find a NOS wing at less than 600 and you're doing well, then you've got to start digging into the lower rear quarters, not knowing what you'll find from the previous work beneath the paint, then above the sill end, by the time you're done you're the thick end of 10-11 grand in, those strut top plates will still bug you along with other bits, easier to spend 10 grand on a nice original one needing odd jobs than face all that,

The cars offered at the dealers have all come from previous owners, so they are out there, if you can find one before it ends up on the forecourt with their 4-5 grand added on then both parties are on a winner, if not I'd rather have the money in the bank or into an alternative, E30 325's are very viable, as are 635's, along with others, it just depends how desperate you are to own a Capri, I'd like one by summer, but if it doesn't happen it doesn't happen, I'll leave some cash to one side until the right car comes up and crack on collecting the bits needed to get the Mk1 restored.
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Re: Wanted, 2.8i or 3.o

Post by Andrew 2.8i »

andyd wrote:What did you think of this one then? http://www.carandclassic.co.uk/car/C589654
Hi,
Having seen CEV in the flesh, as it were, personally I wouldn't pay £7.5K for it. However, somebody who has been actively buying a car will have seen others to compare it with, and may reach a different conclusion than me.
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Re: Wanted, 2.8i or 3.o

Post by andy a »

andyd wrote:What did you think of this one then? http://www.carandclassic.co.uk/car/C589654

viewtopic.php?f=19&t=46203
Hi Andy, sorry, I missed that link first time round, from the pictures it doesn't look a bad car ( I can't see a lot of detail due to the size of the pics), and would warrant going to have a look, but Somerset's a bit of a drive from here, 200 miles plus which I can't do at the moment, so it's unlikely I would be able to view without dragging the wife and 3 kids down there and back, which would mean we'd have to do it in one day due to work commitments, a bit of an awkward situation, but it certainly looks nice in the pics, but then don't the vast majority.
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