MK1/2 Escort market imploding?

[Conor]

What with the massive number of MK1 and MK2 Essies being advertised on various forums, then having several price reductions and ultimately ending up with the seller begging for offers, is the overpriced Escort market finally starting to collapse?

 

I guess the Irish lads, who were keeping the inflated prices going, have got all the essies they need now.

 

Are people waking up to the fact that £2700 for an unroadworthy MK2 RS* that has holes in every panel and fist sized holes in the inner wings and firewall is just a joke?

 

 

*yes, I personally know of one MK2 RS that was that rotten and did sell for that price.

[DEP]

Was talking to Alwyn (Alimax) the other week about this, and he said the same thing, Good or bad............time will tell i guess

[over_head_cam]

Whatever the market is, we will just carry on as normal. I will mean though that many of the enthusiasts who have been priced out of buying an OSF will have more oppertunity.

 

That said, as this is a hobby/leisure market mostly, it has been affected by the current economic situation and as such will probably improve as people become more relaxed about their finances.

[GJUK]

I've not noticed this.

 

Lots of people asking 'silly' prices for four doors, and much like house prices things will go up and down with demand/as people have finance changes.

 

The trend though is they're going up in value as they're a finite number of them left.

 

Cheaper prices possibly reflect the sellers fiancial situation, ie has to get rid quickly...

 

J

[Fiesta Steve]

Anybody got a link to a reasonably priced Mk2 2 door in very good condition then ??

[DEP]

Anybody got a link to a reasonably priced Mk2 2 door in very good condition then ??

Depends on what you class as reasonably priced Steve

[l j shaw]

Think for a correct MK1 RS Escort your still going to have to dig deep in your pocket.

 

As been said on here already .....never mind what the market is doing we are just going to carry on...........gets my all the time

[FredTransit]

The economy has given it a knock, things will slow and prices will drop. Then it will get better, and you I bet there won't be such a delay in prices going up!

[SebringRS]

Think for a correct MK1 RS Escort your still going to have to dig deep in your pocket.

 

Mines was pretty much all there and pretty much standard RS when we bought it bout 3-4years ago now, and we payed £6500 for it then Which at the time i thought was pretty expensive.

 

And i also agree, wateva the markets doin im still gunna keep wit OSF's. This just means there an upside for buyers and down side for sellers, but im pretty sure the prices will go up again soon

 

 

 

 

But while the prices are low, lets get buyin

[Fiesta Steve]

Anybody got a link to a reasonably priced Mk2 2 door in very good condition then ??

Depends on what you class as reasonably priced Steve

 

Depends on the condition

[Mk 1 Mark]

2 door Mk1 and Mk2 escorts are still holding top dollar. . . .

[turnover]

Think for a correct MK1 RS Escort your still going to have to dig deep in your pocket.

 

Mines was pretty much all there and pretty much standard RS when we bought it bout 3-4years ago now, and we payed £6500 for it then Which at the time i thought was pretty expensive.

 

And i also agree, wateva the markets doin im still gunna keep wit OSF's. This just means there an upside for buyers and down side for sellers, but im pretty sure the prices will go up again soon

 

 

 

 

But while the prices are low, lets get buyin

 

Do you want your money back what you paid 4 years ago

[SebringRS]

Do you want your money back what you paid 4 years ago

 

Good try but nah not yet m8

 

Gotta give me chance to drive it yet, its been my dad and my mum so far

[Pipster007]

I wish the prices were coming down, 'cos it'll mean that when I finally buy one it'll be cheaper than they are now. But then at this time of year people are selling a bit cheaper, plus there is a global recession on and people may have more important priorities to worry about, ie mortgages, being made unemployed etc, so the first things to go are generally holidays and cars

 

I've seen a couple of mint looking RS2000's on pistonheads, but they are in the £12-14,000 region, so I'd say they are not coming down

[BIGKEV]

Stupid Old cars - 10 years ago you couldnt give them away!!!!!!!!!!

 

fooks me off

[caprinerd]

if someone is willing to pay that then its their choice but tbh i wouldnt pay stupid money for even a capri but have seen even a shed reach 4 numbers