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Lightweight early CSL on BaT

leonine99

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To use as comparison, I'm surprised Terry Sayther's early CSL didn't pull in more money:


But he has a very good (and smart) attitude about it:

"I’m not unhappy that the car didn't sell now, because each time that has happened in the past, the value has continued to increase"
 

Markos

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To use as comparison, I'm surprised Terry Sayther's early CSL didn't pull in more money:


But he has a very good (and smart) attitude about it:

"I’m not unhappy that the car didn't sell now, because each time that has happened in the past, the value has continued to increase"
Key phrase: “each time that has happened”

If you continually have a car that doesn’t sell, it is an indication that the asking price or reserve isn’t inline with market value. Yes the market goes up, but the seller snaps to that value once again. He or she doesn’t adjust for vehicle condition, or they are asking for a number above market value. Interestingly enough, We’ve seen it with other Golf CSL’s in the past.
 

craterface

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Key phrase: “each time that has happened”

If you continually have a car that doesn’t sell, it is an indication that the asking price or reserve isn’t inline with market value. Yes the market goes up, but the seller snaps to that value once again. He or she doesn’t adjust for vehicle condition, or they are asking for a number above market value. Interestingly enough, We’ve seen it with other Golf CSL’s in the past.
Then again March 27 wasn't the greatest time to sell a classic car. The markets were in a free fall, etc. I bet this car would make 130-150 these days, expecially if Terry consigned it to Drivers Source.
 

Markos

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Then again March 27 wasn't the greatest time to sell a classic car. The markets were in a free fall, etc. I bet this car would make 130-150 these days, expecially if Terry consigned it to Drivers Source.
That’s very true. Both points. Cars and homes are going nuts right now and it is a much better time to sell. But there is also a big difference between being able to build/maintain cars and make them presentable for auction. Oldenzal is a great example. They know how to make cars very presentable for auctions. Same
with 911r on BaT - who sold the $100K Jade ‘74. It is crazy to think that a US carbed ‘74 came in 11K under one of the most rare CSL’s in existence.

Despite my comments above I think Terry’s car is worth more tha the RNM price. I think carb CSL’s are best suited for history nuts and existing injected CSL owners. Recent history has shown that they don’t perform well at auction. The black car did well because it looks cool and clean, and came with the original parts.
 

Stevehose

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ding ding winner winner chicken dinner

Key phrase: “each time that has happened”

If you continually have a car that doesn’t sell, it is an indication that the asking price or reserve isn’t inline with market value. Yes the market goes up, but the seller snaps to that value once again. He or she doesn’t adjust for vehicle condition, or they are asking for a number above market value. Interestingly enough, We’ve seen it with other Golf CSL’s in the past.
 

E911

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To do this right will be well north of 100k IMO... it will be a complete bare metal resto plus a ton of time in sourcing... if you care about date codes, ect... I don’t believe we’ve seen a proper 169 car go over the block yet to know what their true value is but I continue to believe they will have their day in the end. Maybe 80 of these gems left?
 

craterface

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To do this right will be well north of 100k IMO... it will be a complete bare metal resto plus a ton of time in sourcing... if you care about date codes, ect... I don’t believe we’ve seen a proper 169 car go over the block yet to know what their true value is but I continue to believe they will have their day in the end. Maybe 80 of these gems left?
Mario at VSR has been working hard to resurrect a carb CSL for one of our coupers in the Carolinas. I won’t say who, because I guess he wants to keep the project on the down low. But that should be a good, correct car when it is done. Will be nice to see it. Maybe at Amelia or the Vintage. I never saw the Colorado one that Craig Brody sold a few years back, which I believe stayed local in southeast FL. Would be nice to see that one too. Very few correct carb CSLs in the USA!
 

Stevehose

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as I recall Craig’s didn’t have the original engine

Mario at VSR has been working hard to resurrect a carb CSL for one of our coupers in the Carolinas. I won’t say who, because I guess he wants to keep the project on the down low. But that should be a good, correct car when it is done. Will be nice to see it. Maybe at Amelia or the Vintage. I never saw the Colorado one that Craig Brody sold a few years back, which I believe stayed local in southeast FL. Would be nice to see that one too. Very few correct carb CSLs in the USA!
 

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My 5 cents worth is that the original 169 carbed CSL's are a little under-rated in terms of market appeal and value, but that's just me.
Perhaps the lack of the 'go withs' such as factory bat spoiler, air dam etc put people off along with a lower HP than the injected ones.
My suspicion is that if you had the money this would be a great buy for a long term project to get it back to factory spec, assuming the original block can be saved.
This might be one of those cars where we all kick ourselves in 5 years time.
As I've said before, if E9's were as common in Aus as the US and UK I'd be buying them up all over the place and just waiting for a rainy day.
To my thinking, demand only has to stay the same for supply to continue to contract. This in turn will place upward pressure on prices for cars and rare parts.
Curious what others think.
 
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