Whats the current market value on a CSL ?

[73CSL]

Thinking of having a shift around of my cars which means 2 of them might go in order to buy another Porsche

So . no1 ... if anyone wants a Series 2A landrover , let me know :thumbs:

no2 .... The other car that I *might* sell is the CSL, but I genuinely have lost track of real prices

My car is SG , approx 68K miles, FBMW SH , still full warranty. LOverly condition and owned by at least 3 CSL reg members. Previous owners have had various bits & pieces under warranty incl diff , complete new cylinder head ( gareth did this when the VANOS failed for the previous owner ) . Boot floor done. It has had paint like most CSL's

Down side, quite a few owners, 10 previous , but they all appear to have been in the early years when it was bought as a trophy car etc ;)

So what do you reckon for selling price these days ?

Still not sure I will sell , just frustrates me paying over £100 / month warranty when I'm only doing 3 - 4000K miles a year ... but I also do love my Porsches :whistle:

[Yanto]

£40k

[cslsuperfan]

£40K is easily achievable

Number of owners not an issue to me personally

Overall condition is the priority.

[Matt21]

Mine is similar but with AP brakes and SS exhaust and 65k. Valued at £42k

[Matt21]

Any info on the landy?!

[nw99]

38 to 40 I would guess .
What Porsche are you thinking to get next ?

[73CSL]

not quite sure what Porsche to get, currently have a 1973 2.4S and a 1993 964 C2 . Could be tempted with a soft top as a bit of a contrast.

Also have the Landy , a new 520d & a VW T5 so in reality too many cars . Landy will go as it only really does 500 miles / year running the kids around the countryside, although it si cost neutral really.

Matt, the Landrover is a 1967 S2A complete with O/D and freewheeling hubs. Previous owner used it as a daily ( he was a mechanic at teh haynes museum ) . Its a nice car, rechassied onto a normal steel chassis non galv. Not a matching numbers museum piece, but a good tidy fun car :thumbs:

http://img.photobucket.com/albums/v160/hot66/landrover/08258B52-59A6-448D-862C-C4A0BF126D8F-368-00000053A4E11094.jpg (http://smg.photobucket.com/user/hot66/media/landrover/08258B52-59A6-448D-862C-C4A0BF126D8F-368-00000053A4E11094.jpg.html)

http://img.photobucket.com/albums/v160/hot66/landrover/null_zps69ca04da.jpg (http://smg.photobucket.com/user/hot66/media/landrover/null_zps69ca04da.jpg.html)

[MisterCorn]

If £40k is accurate it represents a large increase over the last 6 months. I paid £30k for my 70k miles car from Bartlett's in February with full AP brake setup and good history. It is a fast rising market. If anybody wants to buy get in now. I certainly don't regret it.
The LR might be more difficult to sell. A friend of mine sold his recently in very tidy condition for about £10k.

MC

[Jon8710]

I would put it In at 40k

What are you looking to get for the Landy?

My mate is after one

[73CSL]

Re the Landy , I havnt been keeping an eye on prices so dont really know what the market is either but I was thinking around £4K ?? I didn'y pay far off that a couple of years ago .

I was going to show it to a dealer next week then bang it up on ebay if the dealer didnt' offer enough

[MisterCorn]

I might be tempted at £4k. Who said you can't have too many cars?

MC

[Matt21]

Haven't you just bought that E36 M3?!

[MisterCorn]

Haven't you just bought that E36 M3?!

Yes I have. But I am also selling two cars at the moment.

MC

[billyboysm3]

Sellers market, especially as most of us have owned the cars 4+ years and no everything about them. Two sold the other week straight away.

Id say £40k

[LeinsCSL]

I see NW's 6k one has been sold by Munich Legends. Surely £50k is now the starting point for anything with a CSL badge, given the speed that the £40k cars have sold at?

[Neil M]

An SB was advertised for sale in April this year with similar mileage, the asking price was £33.5K - Things have obviously moved on since then (5 months). :whistle:

[cslsuperfan]

An SB was advertised for sale in April this year with similar mileage, the asking price was £33.5K - Things have obviously moved on since then (5 months). :whistle:


I do hope this doesn't end in tears.

A lot of csl owners will be tempted to cash in......myself included

[nw99]

The market is bid to heaven right now

[HFLagos]

Makes some sense in these bizarre times. Given the price leaps for air cooled Porsche and the GT/Turbo models from 996 era onwards, the CSL is one of the very few remaining sub £50k cars which appeal to the same type of buyers.

[E46CSL]

The market is bid to heaven right now
Are you buying, selling, or have bought or already sold? ;)

[digi]

Are you buying, selling, or have bought or already sold? ;)

to the point. I like it. :hahaha:

[nw99]

Still looking for a daily CSL .

[73CSL]

Thanks all for the guide on price.

Think I probably will sell the CSL , just need to find time to advertise it.

Ref the Landy, if anyone is actually interested, pm me . I'm based just south of Scotch Corner .

[petery]

i'd say £40k for the high mileage ones is a good start and then it depends on history, owners and condition in my eyes.

if i was to advertise mine (2 owners, fBMWsh and 82k miles) i'd put it up at £45k at the moment and wouldn't drop from that.

[Matt21]

There are two on PH that I am suprised have not shifted, unless the ad has just not come down.

The 38k at £49k has been there for months, as well as the 70k car at £37k owned by one of us.

Others have moved very quickly though

[Jon8710]

correct me if im wrong but I would say 50% of uk csl owners are on this forum so if we decided to put 10k on the price of all our cars when and if we were to sell them wouldn't this manipulate the market ?

ok at first there would be a load of over priced csl's for sale but when people who just advertise on pistonheads and autotrader see there CSL's similar to there's for 10k more than they have the same car up for won't they just raise there price and that's that ??

[J2LTB]

Ey up Jon 👍🏼 yes that's about it.ill start the ball rolling . I'd sell mine for 54k lol

[digi]

As I've been saying all along, when the weak hands sell to the strong hands and no weak hands left, the price will match.

[Nico]

I concur - said to myself the other day that I wouldn't sell for less than £40K now, even if that meant having to wait for the market to come to me, Hexagon Style.
It's already there though...

It does seem that prices have strengthened considerably over the past six months.

Winter is on the way now, but I cannot see any straight* 60-70K mile CSL being advertised for less than £45K by the next time we see daffodils...

Even that would still be slightly below the curve in comparison to 996 GT3s.

Glad I bought when I did.


*FSH inc 1,200 mile, Boot Floor done, car needing nothing generally....

[mattCSLnut]

As I've been saying all along, when the weak hands sell to the strong hands and no weak hands left, the price will match.

I've not heard this saying before, but I like it :beer:

[digi]

I've not heard this saying before, but I like it :beer:

:hahaha::gayfight::thumbs::beer:

For the diehard fans, this is now a classic, so be rewarded.

But a word of caution, when the global markets dump, the nominal price will be affected everywhere, so a short to medium term potential decline is no doubt in the works.

But overall, my cesil isn't going anywhere. ;)

[Marv968]

An SB was advertised for sale in April this year with similar mileage, the asking price was £33.5K - Things have obviously moved on since then (5 months). :whistle:

Insurance question - when I renewed my insurance back in April, I put my 60k car down as worth £32k (I didn't go for agreed value, just market value)

If prices for a car with ~60k on the clock really are around £40k now, how does this effect my insurance and also for those who have potentially paid to have an agreed value, only for that to be out of date now?

[khooni]

:hahaha::gayfight::thumbs::beer:

For the diehard fans, this is now a classic, so be rewarded.

But a word of caution, when the global markets dump, the nominal price will be affected everywhere, so a short to medium term potential decline is no doubt in the works.

But overall, my cesil isn't going anywhere. ;)

what's the verdict after the China holidays? i'm hoping the market stabilises

[digi]

what's the verdict after the China holidays? i'm hoping the market stabilises

I don't know the day to day volatilities, but I do know that the petrodollar peg has been destroyed, QE is on-going (UST daily failure to deliver approx. $40B a day - basically stealth QE), PIGS are all insolvent regardless of what the mass media tell you and we are running on ZIRP, NIRP, suppression of FASB 157 etc.

China is one of the largest holders of UST and when you see your savings account being robbed, you react. So to hedge what do you do???? (Gold) and right now the LBMA/Comex gold fix is in USD, thus with a strong dollar (weak EM ccy including the Yuan) they can pickup cheap gold whilst liquidating their UST that are strong (get more for your buck). So, we are witnessing a once in our life time event.

So, before the end of the year I expect alot more turmoil and volatility. Things are unravelling at incredible speed right now. Mass media skirts over it and really diverting peoples attention.

Things are not pretty due to the uncooperative nature of the USD hegemony (Fed network).

[E46CSL]

Thanks

Liquidity & unwind.

[jupe777]

I don't know the day to day volatilities, but I do know that the petrodollar peg has been destroyed, QE is on-going (UST daily failure to deliver approx. $40B a day - basically stealth QE), PIGS are all insolvent regardless of what the mass media tell you and we are running on ZIRP, NIRP, suppression of FASB 157 etc.

China is one of the largest holders of UST and when you see your savings account being robbed, you react. So to hedge what do you do???? (Gold) and right now the LBMA/Comex gold fix is in USD, thus with a strong dollar (weak EM ccy including the Yuan) they can pickup cheap gold whilst liquidating their UST that are strong (get more for your buck). So, we are witnessing a once in our life time event.

So, before the end of the year I expect alot more turmoil and volatility. Things are unravelling at incredible speed right now. Mass media skirts over it and really diverting peoples attention.

Things are not pretty due to the uncooperative nature of the USD hegemony (Fed network).

Holy shit, sell sell sell!!


Actually don't understand what any of that means.

[pops]

Holy shit, sell sell sell!!


Actually don't understand what any of that means.

Pleased I'm not the only one :whistle:

[digi]

If you don't need the cash, hold on to it. London already has a RMB hub so going forward the GBP should be fine as long it hooked up with the factory of the world.

USD on the other hand, they will need to print even more as creditor nations redeem/liquidate their US treasuries. So, it becomes less valuable as its highly diluted and producer nations may even decline to accept it.

[steveH]

Insurance question - when I renewed my insurance back in April, I put my 60k car down as worth £32k (I didn't go for agreed value, just market value)

If prices for a car with ~60k on the clock really are around £40k now, how does this effect my insurance and also for those who have potentially paid to have an agreed value, only for that to be out of date now?

Go ask Buy any Car . com what they will give you for your CSL that will be a good guide as to what your insurers would say if (heaven forbid) the worst happened.
I am an advocate of agreed valuations for any classic / collectable car so best to start the year with a fixed £££ should shit happen and in volatile market renew each year.
BMW Car Club do valuations too :-)

SteveH

[Mike R]

Insurance question - when I renewed my insurance back in April, I put my 60k car down as worth £32k (I didn't go for agreed value, just market value)

If prices for a car with ~60k on the clock really are around £40k now, how does this effect my insurance and also for those who have potentially paid to have an agreed value, only for that to be out of date now?

Marv,
Basically you are under-insured. You would have to fight them for any value above the £32k. Although your policy is supposed to indemnify you (which means to put you in the position you were before the accident), the fact that they consider you paid a premium that was for a value below market value would mean they would take the stance that you were under-insured (which means you were not paying the correct premium for the value of the car), so they could get away with paying you no more than the value on the policy.

Personally, I would advise them that the values have gone through the roof and ask them to adjust the policy accordingly (you will probably have to have a small increase in premium to cover this). My renewal came through last week with the value also still at £32,500 (which is what I told them it was worth at the start of the policy last year (up from £30k from the year before)). This time I told them the value needed to be £45k (to cover me for any potential increase between now and next year). The premium was then adjusted from £661 to just over £700 for the additional value.

[Marv968]

Marv,
Basically you are under-insured. You would have to fight them for any value above the £32k. Although your policy is supposed to indemnify you (which means to put you in the position you were before the accident), the fact that they consider you paid a premium that was for a value below market value would mean they would take the stance that you were under-insured (which means you were not paying the correct premium for the value of the car), so they could get away with paying you no more than the value on the policy.

Personally, I would advise them that the values have gone through the roof and ask them to adjust the policy accordingly (you will probably have to have a small increase in premium to cover this). My renewal came through last week with the value also still at £32,500 (which is what I told them it was worth at the start of the policy last year (up from £30k from the year before)). This time I told them the value needed to be £45k (to cover me for any potential increase between now and next year). The premium was then adjusted from £661 to just over £700 for the additional value.

Cheers Mike, I'll speak to classic line then!