Bullfinch 0 Posted May 9, 2011 My Storm's going into store for 2 years as I head off to Brisbane later this month. IMHO the market's dead and I can't see it picking up whilst super unleaded nears £1.50 per litre, car insurance costs soar and everyone is being squeezed by the tax man. I'll miss it when I drive some hum-drum saloon in Oz paid for by the company. Quote Share this post Link to post Share on other sites
Kevin Bacon 5 Posted May 9, 2011 The market has COMPLETELY changed. When I joined the forum in 2003, Storms exchanging hands for £10K wasn't unusual. Now people baulk if you ask for half that, but then again, the cars have aged 7 years and you have to account for depreciation, regardless of condition. I guess the way the world is right now has recalibrated some people's sense of VFM. Only 'barn find' 10,000 mile specials will get anywhere near 10K now. Once this financial dead period ends, I'm sure the market will pick up again. Until then, storing a decent car may not be such a bad idea. Quote Share this post Link to post Share on other sites
jakegti 0 Posted May 9, 2011 (edited) and most of the VR's for sale at the moment are dog ****e. I'd say only 2 in every 10 VR6 Corrado's are in condition that won't require you to spend £1000+ on them as soon as you get one. nomnomnom Edited May 9, 2011 by jakegti Quote Share this post Link to post Share on other sites
KADVR6 0 Posted May 9, 2011 I`ve had no interest in mine which i suppose is just the way the market is..yes its at the top of the scale money wise but is in very good condition as most people who have seen in the flesh will agree.. I`m unsure what kind of corrado people are looking for...? I`m at the stage now of deciding how much is too low before i store it. well i have text you twice today mate without a reply, but will call you later tonight, karl Quote Share this post Link to post Share on other sites
C5 OEM 0 Posted May 9, 2011 well i have text you twice today mate without a reply, but will call you later tonight, karl Thanks for the call mate...just for the record karl was texting the phone safe number from pistonheads and they dont work.. Quote Share this post Link to post Share on other sites
coullstar 0 Posted May 9, 2011 storing a decent car may not be such a bad idea. I was thinking of doing this to mine but in a few years I'll probably be of out the country with work so I may as well enjoy it. Quote Share this post Link to post Share on other sites
Pat_McCrotch 0 Posted May 9, 2011 (edited) I had a bit of a drama last weekend and decided I wanted to sell, then I remembered how I felt when I saw Jim driving away in my original VR6 :( Mine is currently a daily but it will be going off the road from November to March ever year. This winter it will also be having the underseal stripped and checked for any rust, rear windows out and both sides painting and the front bumper painting. This is going to cost me about £1100 cash in hand at a VAG Approved bodyshop if my old Man can't do it (he's ill atm). But bollocks to it, in for a penny, in for a pound. I've already restored every other aspect of the car I may as well keep the paint tip-top. At least the bigger price gap between average and good will make it less hassle for people looking for one, I would pay £5000+ all-day-long for Corrado VR6's like Kips, Judtihs, C5OEM etc etc. Anything below £3000 I wouldn't give the time of day anymore. Theres very little in the price bracket that has this much road presence and the only thing that would get more positive comments from the public would be a Ferrari or Veyron :) lol. The amount of people that say 'nice car' to me at the Sainsbury's or Tesco's car park is rediculous. Makes me glad I'm still not driving an A3 repmobile. Edited May 9, 2011 by Pat_McCrotch Quote Share this post Link to post Share on other sites
fendervg 33 Posted May 9, 2011 @sprinterVR6: that's a nice Storm - I love the green/beige combination, but price is anybody's guess - hell, if it's low enough I'd even go there myself at the risk of a divorce, although I should really be buying an 8v for economy's sake. Quote Share this post Link to post Share on other sites
8vMatt 1 Posted May 9, 2011 With people saying about not selling now due to the fuel and insurance costs being high, I can't see that situation improving in the future. Inflation. We would need to decide if we had to sell at any given time and not be concerned with might happen later, they will not be any cheaper to run in x number of years time. It won't take long for all the bad cars to fall away and leave the rot free good un's. Its going to be worth it for people to buy as good a condition one as they can to last and that demand will push values up. Just as is happenning to mk2's now. Quote Share this post Link to post Share on other sites
fendervg 33 Posted May 9, 2011 I'm not planning to sell if I can help it anyway - only fear is it getting damaged in an accident and trying to put it right - it would be nice though to have people coming up to you in a few years and offering you crazy money. I think it's better not to be in the car ownership business for investment purposes unless you really know what your doing - buy gold and bury it in the garden instead! Quote Share this post Link to post Share on other sites
dalhalvaig 0 Posted May 9, 2011 The learning curve really isn't that steep for a C tbh, especially if you have owned any other 80s/90s VW beforehand. I wonder how many members on here actually use theirs as a daily? Mine is a daily driver. I cover 50 or so miles total on days I'm in the office. Though, with the price of fuel just now, a day working from home does put a tenner back in my pocket D Quote Share this post Link to post Share on other sites
fendervg 33 Posted May 9, 2011 Same here - I try to work from home as much as I can - and especially as my employer won't give me a parking permit because I'm a contractor Quote Share this post Link to post Share on other sites
Kevin Bacon 5 Posted May 10, 2011 I was thinking of doing this to mine but in a few years I'll probably be of out the country with work so I may as well enjoy it. Too damn right. I got 60K out of mine and enjoyed every single journey in it. Laying up a car like yours is a waste imo. I had a bit of a drama last weekend and decided I wanted to sell, then I remembered how I felt when I saw Jim driving away in my original VR6 :( You surprise me :lol: Mine is currently a daily but it will be going off the road from November to March ever year. This winter it will also be having the underseal stripped and checked for any rust, rear windows out and both sides painting and the front bumper painting. This is going to cost me about £1100 cash in hand at a VAG Approved bodyshop if my old Man can't do it (he's ill atm). But bollocks to it, in for a penny, in for a pound. I've already restored every other aspect of the car I may as well keep the paint tip-top. Yours is one the straightest, most original ones I've seen in a long time. Stop worrying about what might happen and just enjoy the darn thing. Theres very little in the price bracket that has this much road presence and the only thing that would get more positive comments from the public would be a Ferrari or Veyron :) lol. The amount of people that say 'nice car' to me at the Sainsbury's or Tesco's car park is rediculous. Makes me glad I'm still not driving an A3 repmobile. There is that aspect to Corrado ownership isn't there. Don't laugh, but whilst sat in traffic the other day in the missus's car, an absolutely mint Escort RS turbo pulled alongside. It looked ridiculously tiny sat there in a queue of silver and grey, oversized euro boxes but it oooozed retro cool and looked like it would tear the face off any car that looked at it wrong. I like that. I never thought I would say that about an Escort but all we see these days is a sea of grey and silver boxes. So anything that stands out is going to get attention. Quote Share this post Link to post Share on other sites
Jim Bowen 1 Posted May 10, 2011 i think we are all too anal about things the cars we want to buy don't exist, and the sellers can't win. if its low mileage we all say Well its had no maintainence and will all need replacing as its 16yrs old, or if its cheap and needs work, everyone is scared off by a bit of work. Regardless of how amazing we think they are, they are 16yr old VWs and i don't think they are ever going to be worth a fortune, they are wrong-wheel-drive and a ford focus will annihilate them these days. Quote Share this post Link to post Share on other sites
vornwend 0 Posted May 10, 2011 I confidently predict prices for good examples will double in the decade. Supply and demand are both powerful forces. Plenty of folk who admired/coveted these cars as youngsters will be approaching mid life crisis point and be prepared to splash the cash to grab a piece of their youth. On the standard v modded debate I do agree, on balance, that best prices may be for standard but there again most mods can be turned back without too much hassle - all mine (with the exception of the bigger brakes, SP263 cams and soon to be final drive) could be done in less than a day with the parts I still have in the garage. Having said that I don't really get why someone would want to delete the majority of performance/safety/utility enhancements that are so suited to the car and are pretty much invisible. Quote Share this post Link to post Share on other sites
Jim Bowen 1 Posted May 10, 2011 i agree there will be a point where the ones that really stand out will be sought after, am sure the corrado memory won't just disappear, its time will come but it will be admired in small circles. Quote Share this post Link to post Share on other sites
corozin 0 Posted May 10, 2011 I confidently predict prices for good examples will double in the decade. Supply and demand are both powerful forces. Plenty of folk who admired/coveted these cars as youngsters will be approaching mid life crisis point and be prepared to splash the cash to grab a piece of their youth. I don't think it's easy to predict what will command a premium and what won't in the secondhand market. Escort Cosworths havn't really dropped below £15k in the 20 years since they made them, whilst at the same time Lancia Integrales dropped under £5k at one point although they have now recovered up a bit. And Quattro residuals were slowly dying until Life on Mars came along and suddenly prices almost doubled! What we need is a marketing plan! We need to get some TV cop in a Corrado and then we can sit back and watch our "investments" go back up :) Quote Share this post Link to post Share on other sites
jamiehamy 0 Posted May 10, 2011 I hope Corrado's don't go down the route of the old Reliant Scimitar's. I had an SE6a when I was 19 just because I took a notion for it and it's V6 engine. I really thought it was a great car, but very few people agreed, dropping Robin and plastic pig comments all over the place. They are worth nothing today virtually, but actually are a cracking classic car. The chassis once protected will last forever and the body will never rust (bubble/stress yes, but easily fixable), something Capri and MG's owners must be so envious of - but sadly only Scimitar owners seem to know or appreciate what a great old car it is! I do agree, we need a really stunning Corrado placed in some TV thing to make people want one. And make sure that no-one uncool is seen in one - Princess Anne was a bad PR stunt for Reliant in my view! ---------- Post added at 01:26 PM ---------- Previous post was at 01:16 PM ---------- they are wrong-wheel-drive and a ford focus will annihilate them these days. Come on, not that it's one of these debates, but don't think that's entirely accurate! I've driven a 2001 S3 and older shape Civic Type R in standard guise and the handling was appalling, most noticeably at high speed. Even their owners agreed. And a standard rado will keep up with an older shape Focus ST in a straightline. And anyway, when buying a 16yr old car, you compare it with other 16yr old cars! Quote Share this post Link to post Share on other sites
sprinterVR6 0 Posted May 10, 2011 @sprinterVR6: that's a nice Storm - I love the green/beige combination, but price is anybody's guess - hell, if it's low enough I'd even go there myself at the risk of a divorce, although I should really be buying an 8v for economy's sake. thanks fendervg - here's the ad from 'done/deal.ie' if your keen. could alter the price for fellow forumer of course! http://cars.donedeal.ie/for-sale/cars/2144175 Quote Share this post Link to post Share on other sites
tony_ack 0 Posted May 10, 2011 Wow... this has really turned into a debate of 'where the Corrado is at' in terms of price and status. A few things to think about.. -Regarding prices - there's only so much money you can expect someone to pay for a Corrado at the moment, no matter how 'mint' it is. As has been stated, the newest ones are 16 years old. At the top end of the price scale, they're not new enough to be a good used proposition to the casual second hand buyer - £5000 can get you a lot of good (and newer) car. But they're not old enough to be classics in the way the MK1 and even MK2 Golfs are regarded. MK2 Golfs, XR3is, Audi Quattros and the like are booming at the moment due to the recent interest in the retro '80s (though MK2 prices are suffering somewhat due to the fact there are still plenty around). Retro '80s is slowly giving way to 'Cool '90s' and in a few years time, Corrado's may be collector's items. -The Corrado was never quite exclusive enough to hold its price in the way a Ferrari, Porsche or even Escort Cosworth has. There are too many around, yet it now appeals to only a niche market. -The Corrado body appears to have a few problem areas, not least the fuel filler and the rear sills/arches, which are quite hard to detect. Spending a lot of money on a car based on a single viewing, is a bit of a punt - maybe worth it for say £3k, but a bit of a risk at £5k. -A car that is at least 16 years old is going to have some problems no matter whether it is priced at £1k or £5k. You could have the history showing the chains, water pump, clutch, cylinder head, rear calipers and suspension have been replaced in the last 10000 miles, but you could drive it away and the crack pipe could burst. I drive my car daily, and it has over 200k on the clock. It's quite liberating to be honest - I keep on top of maintenance, make it look tidy, and fix any problems as they come up, and it feels to me like a 'sorted' car. But because of the mileage I don't feel like I have to nurse it all the time and wrap it in cotton wool, I can enjoy it. I didn't pay a lot for it, so I'm not trying to protect an investment. If anything happened to it, I'd be gutted, but that's life - I would either reshell the good bits if I wanted to keep a Corrado, or break and move on if it was beyond repair. Quote Share this post Link to post Share on other sites