1989 90 at Auction, guide price £29k-£34k...how much?!

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lightning said:
Well, no bids at all on that Land Rover at the moment.
The dealer would be better off listing at £5-10,000 estimate.
At "£29,000-34,000 estimate" and an unknown reserve it's likely people won't even bother bidding because that price is just insane.
My local LR specialist has a totally restored S2 soft top at just over £30,000 and it's better than new, it's the best one l've ever seen

If you were going to drop £30,000 on an old Landy that would be a better bet.
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You have to be vary careful of the s2s, there are lots of differences in the production run, and to the untrained eye they may all look the same, to the anorak they are very different, and the value is in having the right year parts on the right year car.
 
l guess it depends on why you are buying it, but many of these 1950's and 1960's Land Rovers are bought by collectors who want to squirrel them away in "investment barns" and so they will want them to be "correct" in every way.
Unlikely to ever get wet again, these vehicles will be trailered to shows and entered into concours competitions

l guess there's nothing wrong with that, if that's what you want to do with your 1951 S1.

Whereas the Later ones such as TDi and TD5 are still being bought by people who are actually planning to use them, so originality is less important.
 
I noticed a few years ago on the series 2 forum, that there was a growing interest in the ealry 90/110 models, reckon they could see the way the prices were going for the 2 and 3 models and wisely thought get in there while they still can afford them.
 
lynall said:
I noticed a few years ago on the series 2 forum, that there was a growing interest in the ealry 90/110 models, reckon they could see the way the prices were going for the 2 and 3 models and wisely thought get in there while they still can afford them.
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I would need to source a 19J engine for mine then as someone stuffed a 200TDi in it :rolleyes:
Edit mine is a Ninety not a 90...... :)
 
My Old Landy said:
I would need to source a 19J engine for mine then as someone stuffed a 200TDi in it :rolleyes:
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Mark my words, wont be to many more years and you wont be able to find a 19j engine for love nor money, 200tdi engines have been getting real thin on the ground over the least 5 or so years, and the ones that are for sale are silly money.
 
lynall said:
Mark my words, wont be to many more years and you wont be able to find a 19j engine for love nor money, 200tdi engines have been getting real thin on the ground over the least 5 or so years, and the ones that are for sale are silly money.
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The sad thing is, it is probably worth double as a pile of parts :( but the smile on my face just knowing I own one is worth more than money to me!
 
lynall said:
Mark my words, wont be to many more years and you wont be able to find a 19j engine for love nor money, 200tdi engines have been getting real thin on the ground over the least 5 or so years, and the ones that are for sale are silly money.
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As a Ninety owner who only lost his Land Rover virginity a couple of years back, I was completely unaware how rare the Defender 200tdi engines are. The engine went wobbly and needed a rebuild and not having enough time I sent the engine to Turners for a proper full on rebuild with modified head. At the time I was tempted to drop a V8 and R380 into the Ninety but already have the 4.0ltr V8 in the Sebring MGB...so my thought was, let's have a mildly breathed on 200tdi and this will provide a very robust and reliable long term engine.

There is talk of early Nineties being more sought after...but I think it's market hype. Though over time I'm sure the early Defenders will gain in value following in the footsteps of the early/mid Series. Interestingly, a friend now has five [!] Series in varying states of good usable disrepair and they're all superb old buses; especially a 1972 lwb six cylinder Safari. It's such a cool thing that I'm really getting an itch for a Series III Safari. Perhaps something for the future...

In other news, the Def90 for Auction is for sale on page44 of The Landy...asking price? £37,500 o_O
 
lt's the same with most classic cars though, there's a lot of people seemingly with money to burn, l recently saw a pristine MK2 Ford Escort 1.3 Estate, a car that was crap even when new, sell for £20,000
 
There’s definitely increased demand for 1970’s and 19080’s cars. A ropy 1.6 Capri went for nearlay nine grand on eBay a few weeks ago!:eek: And I’ve had notes left on my 1989 ninety asking if it’s for sale. Mrs K asked if I was going to take them up on their offer... :eek::confused:
 
Likely reason for the notes left on the 1989 Land Rover

Land Rovers over 25 years old are desirable as they can be exported to the USA

Dealers do them up and make a killing over the pond, where a nice 90 can sell for $50,000
 
lightning said:
l guess it depends on why you are buying it, but many of these 1950's and 1960's Land Rovers are bought by collectors who want to squirrel them away in "investment barns" and so they will want them to be "correct" in every way.
Unlikely to ever get wet again, these vehicles will be trailered to shows and entered into concours competitions

l guess there's nothing wrong with that, if that's what you want to do with your 1951 S1.

Whereas the Later ones such as TDi and TD5 are still being bought by people who are actually planning to use them, so originality is less important.
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Half of mine’s under a tarp, most of the rest is under another tarp!
 
Wonder if it has anything to do with the carp interest rates available on savings at the minute?
Anybody remember what happened last time classic cars were seen as an investment?
 
lynall said:
Wonder if it has anything to do with the carp interest rates available on savings at the minute?
Anybody remember what happened last time classic cars were seen as an investment?
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Yes, I remember both previous classic car investment crashes. There's been much discussion on classic cars forums over the years that we're over due a price realignment. Since the banking crisis there are three things that have kept this market buoyant, 1. Govt policy enabling classic cars to be wrapped up within pension investments, 2. the upper end of the market has dragged upwards the mid-lower sectors, and 3. human nature believing our jalopies are worth more and purchasers happy to pay - this is the great human sentiment that drives all markets.

Low interest rates [cheap money] have also been a driving factor here, why accept pitiful interest rates when one can gain 10% p.a. on another investment [note the word investment and not asset, very few classic cars are true assets].

It's generally accepted that we won't see a hard crash/people losing their shirts with classic cars as they're simply no longer made :. market demand outstrips supply. But those at risk are those who buy with debt/finance. It will only take a few changes in the "owners" financial position and they'll need to dump their financed toys. Add to this the dubious activity of a number of classic car specialist vendors and folk will get stung...here I'm thinking of J.D. Classics and Coys type of fraudulant activity.

What I don't understand is the pent up demand and prices paid for modern classics by those in their 30s-40s, paying huge sums for Fords and Peugeots...and some of the Subaru Impreza's are topping £100k. Even the RR Classics exceeding £100k...let alone those over £150k; it's sheer madness o_O

@£106k https://themarket.co.uk/listings/subaru/impreza-22b/6ee2d531-f73b-4fb5-9fa7-bd9c01609905
@£295k https://www.roadandtrack.com/car-culture/classic-cars/a33337591/1998-subaru-impreza-22b-for-sale/
@£165k https://www.carandclassic.co.uk/car/C1282649
@£165k https://www.carandclassic.co.uk/car/C1282659
 
Knappster said:
There’s definitely increased demand for 1970’s and 19080’s cars. A ropy 1.6 Capri went for nearlay nine grand on eBay a few weeks ago!:eek: And I’ve had notes left on my 1989 ninety asking if it’s for sale. Mrs K asked if I was going to take them up on their offer... :eek::confused:
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I have notes left on my windscreen too, all sorts of requests “can you please sell this vehicle”, “please, please sell your car!”, “find a new home for your car”, “last chance, sell this heap of shit or I’m leaving you! It’s taking all your time and money and it’s ruined my block paving drive”.
They were from my missus.
 
l think it's also due to the fact that there's a fair bit of money about at the moment. With people not going out, or on holiday, working from home etc there's spare money sitting in accounts.
Also people are spending money on things they would not normally buy to cheer themselves up.
A lot of self employed people have had fortunes biffed into their account in govt handouts....l've got one customer who is still working but has had four £10,000 grants for his premises plus over £20,000 in SEISS payments.
These payouts were not means tested so the fact that he has been busier than ever is not an issue apparently.
Another friend has had over £30,000
 
Trouble is, this will end up on social media and everyone will now think that their slightly dog eared old 90 is "worth £25,000 innit"
So prices will likely go up again.
 
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