Classic Cars as investment - article by Jeremy Clarkson in Sunday Times - 5 August 2018

Discussion in 'E9 General Discussion' started by Marco 54, Aug 9, 2018.

  1. Marco 54

    Marco 54 Member Site Donor

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    BMW 3.0 CSL (presumably City Pack RHD car) suggested to be worth £150,000 (c. $193,500) +
    IMG_4855.JPG IMG_4856.JPG

    Any views?

    Marco
     
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  2. Mal CSL 3.0

    Mal CSL 3.0 Active Member

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    Last edited: Aug 9, 2018
  3. Marco 54

    Marco 54 Member Site Donor

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    Good spot, Mal!

    Marco
     
  4. adawil2002

    adawil2002 Well-Known Member Site Donor $$

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  5. dang

    dang Administrator Staff Member Site Donor

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    The only thing that helps me is knowing when I sold my '69 E-Type Roadster it was because I had to make the choice between that and a '72 3.0CS. The kids still fit in the back seat and we actually used the car quite a bit. The E-type needed cosmetic work, although was nearly rust free, so I decided to let it go. I should've tried to hoard it but times were different.
     
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  6. teahead

    teahead aka "Rob" Site Donor

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    Ya, I kind of regret selling my 1971 Plymouth 'CUda 383 Convertible 4 years ago for $40k. It needed a lot of work, but it was pretty rare but can't find one done under $150k.
     
  7. sandhu

    sandhu Active Member Site Donor

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    This RHD Csl was sold in the USA last year I think for just over 80k GBP
    Looks like someone has imported back into the uk !!!
     
  8. Bwana

    Bwana Well-Known Member

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    Andrew, the Packard is far prettier!
     
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  9. Belgiumbarry

    Belgiumbarry Well-Known Member

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    yes, everybody will have a sad story.... years ago i doubted between a second hand FGT ( 150k) and a new BMW 650 convertible (100k)…. 4 years later i got 27k for the BMW.... :mad: wrong choice :D
     
  10. Marco 54

    Marco 54 Member Site Donor

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    I bought my CSL in 1982. At that time I could have bought a Ferrari Dino or a Porsche 2.7 Carrera for similar money. Look at the values of those cars now.
    My own tale of woe is selling a 1962 Stratocaster for £110 in 1977.
     
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  11. Keshav

    Keshav Well-Known Member Site Donor

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    Oooooh, that must still hurt!
     
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  12. Marco 54

    Marco 54 Member Site Donor

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    It does. What is worse is that the buyer still has it and won't sell it to me!!!
     
  13. vince

    vince Active Member Site Donor

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    The Ferrari doesn't have those beautiful headlights that mimic the beautiful grill!
     
  14. vince

    vince Active Member Site Donor

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    Talk about regrets.

    My first car was a '69 Dodge Charger RT with factory air that I paid $300 bucks for. I don't remember what I sold if for but it wasn't much.

    When my wife and I got married I bought a '69 Camaro RS Convertible that my uncle's friend ordered from the factory, making me the second owner. He was an engineer and he had a log of every time he filled it up. I had it for 6 years but really wanted something European. I sold it for $16K to buy a 280SL in 2001 ( I wanted a coupe but could not find a good one and the SL was next on my list).

    I paid 16K for the 1971 280SL, bought it from a older couple in Portland. Another highly documented car, even had the original window sticker from Mercedes of Beverly Hills. The car had very nice new paint, a new blue canvas top, all of the aluminum pieces matched (stamped with the same number), correct factory spot welds on inner fenders, etc... I redid the interior (did the wood myself) and had the front bumper and grill re-chromed. The car was beautiful but about as fun to drive as an old truck. I sold it for $25K in 2003 to buy my coupe.

    I bought the coupe for 11K and at the time I thought I paid too much, cosmetically it needed everything but it was a longtime AZ car with a beautiful rust free body. It
    also had two of my other requirements, it was Fjord and it had a sunroof. It remains my favorite car ever.

    Finally, it's worth more than the Camaro (by a long shot) and the Pagoda.
     
    Last edited: Aug 9, 2018
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  15. aearch

    aearch Well-Known Member Site Donor

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    IF ONLY
    i bought one share of apple stock at 25.00
    when i tuned it in it was worth
    6500.00
    there you go
     
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  16. nosmonkey

    nosmonkey Active Member Site Donor

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  17. sandhu

    sandhu Active Member Site Donor

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    Green Csl asking price now is 150k GBP..
     
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  18. Mal CSL 3.0

    Mal CSL 3.0 Active Member

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    Wow, I thought you were joking, but the price really has been revised on the ad.
    The Jeremy Clarkson effect.
     
  19. sandhu

    sandhu Active Member Site Donor

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    I know RHD Csl prices are still going north , but 15k increase in 24hrs is unbelievable!!!

    I best increase my agreed insurance valuation to 500k lol
     
  20. deQuincey

    deQuincey Well-Known Member Site Donor

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    this evil man
    he writes and acts like an angel, his shows are so good,
    but he is such a ....person

    classic cars price bubble, it is an old topic now
    did i mentioned i saw the most expensive csl alpina early carbed car sold for 420k€ ? that was april this year, four months ago ! maybe we are now in the 1/2 million
     
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