RICHARD MANSFIELD2
Active member
Hi,
Sorry I should have added I meant to post that on the first before noon
Regards,
Richard.
Sorry I should have added I meant to post that on the first before noon
Regards,
Richard.
Endangered species - How many left figures out
- Thread starter Fanwheel
- Start date
Help Support ProjectPuma:
ArtfulHussy
Well-known member
- Joined
- Feb 6, 2013
- Messages
- 1,135
I see I somehow managed to quote the wrong post as well.
Silly me. :?
Silly me. :?
john & Jake the dog
New member
- Joined
- Jul 24, 2015
- Messages
- 110
Hi, only 1,305 one point fours taxed this year.
Losing them at a rate of 100 a quarter so in one and a half years or so mine will be the only one on the road :grin:
Losing them at a rate of 100 a quarter so in one and a half years or so mine will be the only one on the road :grin:
Fanwheel
Member
Full figures for 2015 have just been released. In the year since I first posted this another 4000 have gone.
Now down to 10,745 taxed 1.7's. Will be down to 4 figures soon :| I'm sure a lot of those scrapped have been for relatively trivial things like clutch changes as they have become "uneconomic repairs" which is a shame.
But increasing numbers on SORN at 3,193 so some hope for the future?
https://www.howmanyleft.co.uk/vehicle/ford_puma_1.7_16v
Now down to 10,745 taxed 1.7's. Will be down to 4 figures soon :| I'm sure a lot of those scrapped have been for relatively trivial things like clutch changes as they have become "uneconomic repairs" which is a shame.
But increasing numbers on SORN at 3,193 so some hope for the future?
https://www.howmanyleft.co.uk/vehicle/ford_puma_1.7_16v
RICHARD MANSFIELD2
Active member
Hi Fanwheel.
Thanks for being so dedicated to update this thread, well done. I know that in future people who scrap a car for the sake of £300 will kick themselves when the car is worth £4000, say, in ten years time if they just stored it in conditions to prevent any further deterioration. I have seen this over the years. So it will come to pass. Oh... and now my Pumas keep increasing at the rate of 89.7 pence for each one scrapped. Keep on scrapping.... sorry I do not mean it.
Regards,
Richard.
Thanks for being so dedicated to update this thread, well done. I know that in future people who scrap a car for the sake of £300 will kick themselves when the car is worth £4000, say, in ten years time if they just stored it in conditions to prevent any further deterioration. I have seen this over the years. So it will come to pass. Oh... and now my Pumas keep increasing at the rate of 89.7 pence for each one scrapped. Keep on scrapping.... sorry I do not mean it.
Regards,
Richard.
Fanwheel
Member
Thank you Richard. Don't know why but I find these graphs interesting. My thoughts exactly on dry storage. Mine is a 1-owner with low mileage & lives out of the rain in the garage. The sills have a little rust which I'm trying to keep at bay but one day I'll get them replaced to future proof it. But it's worlds apart from your stunning example on your thread. All the best,
Will
Will
748
New member
I'd like to throw my opinion in if I may.
Although I can relate to everyone's optimism about the Puma being a future rare and valuable classic, I suspect it may not be the case for a long time yet.
If you take the example of the Mini. Produced for 40 years, so was a part in millions of peoples' lives. Virtually anyone who drives a car knows what a classic Mini is. Even these days you can get a really, really good one for less than £10k.
Similar thing with the Mk 1 and Mk 2 Escorts and other Fords...millions produced so a lot of people had them and still know about them.
But you can speak to a lot of people, even serious car enthusiasts, who don't even know what a Puma is, so I suspect the demand for them in the next 10 or 20 years will be relatively low.
Keep your Puma in good condition and enjoy it for what it is, or store it for 20 or 30 years, then someone may want it as a quirky classic.
Although I can relate to everyone's optimism about the Puma being a future rare and valuable classic, I suspect it may not be the case for a long time yet.
If you take the example of the Mini. Produced for 40 years, so was a part in millions of peoples' lives. Virtually anyone who drives a car knows what a classic Mini is. Even these days you can get a really, really good one for less than £10k.
Similar thing with the Mk 1 and Mk 2 Escorts and other Fords...millions produced so a lot of people had them and still know about them.
But you can speak to a lot of people, even serious car enthusiasts, who don't even know what a Puma is, so I suspect the demand for them in the next 10 or 20 years will be relatively low.
Keep your Puma in good condition and enjoy it for what it is, or store it for 20 or 30 years, then someone may want it as a quirky classic.
moondustka
Active member
It'll be the FRP that'll be the rare classic IMO
Frank
Member
But only if it also has 50 x Super Mario Bros. First Editions from 1985 in the boot and 20 pairs of 90's Nike trainers on the back seat.moondustka said:
Just drive the damn things as intended. If you want investment then just buy gold, then you'll always get a good long term return.
moondustka
Active member
Bricks and mortar for me when it comes to investment - will try to get as much of it as possible in my lifetime
Frank
Member
A 35 year old car with a production run of just 9,000, featured as a 'character' in 3 major films seen the world over, loved by everyone who sees it, less than 13,000 on the clock and garaged throughout its life.....going to be worth an absolute fortune now, right?
Nope - http://www.carandclassic.co.uk/car/C690964
In 1983 the price of these went down to $15,000, which with inflation is worth just over $36,000 now. Meantime, that car is being offered for £28,000 or just under $41,000. 35 years of tying up a garage and the guy makes 5,000 bucks. I reckon Premium Bonds would return more than that.
Obviously, keeping a car for a long time just because you love driving it is fine, but thinking of cars in terms of being an investment? Each to their own.
Nope - http://www.carandclassic.co.uk/car/C690964
In 1983 the price of these went down to $15,000, which with inflation is worth just over $36,000 now. Meantime, that car is being offered for £28,000 or just under $41,000. 35 years of tying up a garage and the guy makes 5,000 bucks. I reckon Premium Bonds would return more than that.
Obviously, keeping a car for a long time just because you love driving it is fine, but thinking of cars in terms of being an investment? Each to their own.
RICHARD MANSFIELD2
Active member
Hi Frank,
I think we all know that was a crap car. not particularly a good example of a collectible car.
Regards,
Richard.
I think we all know that was a crap car. not particularly a good example of a collectible car.
Regards,
Richard.
tuonokid
Active member
Hi Guys
It's a difficult one this. I have no doubt that Richards low mileage car will be worth a significant sum at some point. The big values at the moment are with Ford RWD cars but also values with FWD early cars are on the way up. I honestly think that the Puma is viewed as a chav car/cheapie at the moment and as such will disappear over the next 2 or 3 years due to rot or engine failures. When it disappears that could be when the value rises.
Fingers crossed
Barry
It's a difficult one this. I have no doubt that Richards low mileage car will be worth a significant sum at some point. The big values at the moment are with Ford RWD cars but also values with FWD early cars are on the way up. I honestly think that the Puma is viewed as a chav car/cheapie at the moment and as such will disappear over the next 2 or 3 years due to rot or engine failures. When it disappears that could be when the value rises.
Fingers crossed
Barry
Frank
Member
There is no 'over to you'. This is a pretty simple subject and I've already written what I think about it.RICHARD MANSFIELD2 said:
All I would add is that you have just given the reason why this stuff would be a poor investment, compared to gold or property, both of which I can define exactly what will happen -
RICHARD MANSFIELD2 said:
RICHARD MANSFIELD2
Active member
Hi Frank,
I have just bought a bar of gold. I must say the handling is crap
I have just bought a bar of gold. I must say the handling is crap
gingerdave
Member
From my experience
Escort mk 1 .1971 Purchased in 1991 for £600.We've done a number of engine changes over the years But to simplify it ...
Car was an base 1100L.As it stands now it has had approximately £5 k spent on body/suspension,and the engine that's just gone into cost me £1400 in parts.So without labour and not taking storage or insurance into account it stands us about £7500.To buy something similar would cost you about£12 to£14 k.So no big profit there.
Escort mk2 1979. Purchased in 1995ish for £800.A bog standard 1300 Ghia in signal yellow,just one previous owner.Car is now concourse with all original trim and a £4.5 k body reffurb plus I rebuilt the engine which needed just piston rings and unleaded head conversion.So looking at about £6k in total.Value now about £1100k.So no big profit there.
So more a labour of love than investment.....so far
Jaguar E type fixed head 1966 purchased in 1972 for £890.I rebuilt the car between 1995 and 2006 (with some very long pauses) at a cost of £11000 .Cars similar now make about £70k to £100k.So a fair profit there .But of course you do it all for love.The only Fords that make big money are the T cams and RS1600/1800 and maybe Mexico's if you bought them when they were cheap.So unless you can buy a mint Puma with no miles and seal it away in a heated safe environment you are going to have to wait till you are an old man......like me :grin:
Escort mk 1 .1971 Purchased in 1991 for £600.We've done a number of engine changes over the years But to simplify it ...
Car was an base 1100L.As it stands now it has had approximately £5 k spent on body/suspension,and the engine that's just gone into cost me £1400 in parts.So without labour and not taking storage or insurance into account it stands us about £7500.To buy something similar would cost you about£12 to£14 k.So no big profit there.
Escort mk2 1979. Purchased in 1995ish for £800.A bog standard 1300 Ghia in signal yellow,just one previous owner.Car is now concourse with all original trim and a £4.5 k body reffurb plus I rebuilt the engine which needed just piston rings and unleaded head conversion.So looking at about £6k in total.Value now about £1100k.So no big profit there.
So more a labour of love than investment.....so far
Jaguar E type fixed head 1966 purchased in 1972 for £890.I rebuilt the car between 1995 and 2006 (with some very long pauses) at a cost of £11000 .Cars similar now make about £70k to £100k.So a fair profit there .But of course you do it all for love.The only Fords that make big money are the T cams and RS1600/1800 and maybe Mexico's if you bought them when they were cheap.So unless you can buy a mint Puma with no miles and seal it away in a heated safe environment you are going to have to wait till you are an old man......like me :grin:
Fanwheel
Member
Hi all
I think everyone has valid points here really. I didn't buy mine as an investment (it's been a bit of a money pit in the short term) but it just gives me a buzz to be able to hopefully preserve one for the future. Who knows how desirable these things will be when everyone is driving those electric noddy cars!
Know what you mean about the chav stage. I get subtle mods such as updated brakes & the MS design spoiler, but hate seeing Pumas ruined with silly alloys ridiculous spoilers and re-maps that shorten the life of the engine
I think everyone has valid points here really. I didn't buy mine as an investment (it's been a bit of a money pit in the short term) but it just gives me a buzz to be able to hopefully preserve one for the future. Who knows how desirable these things will be when everyone is driving those electric noddy cars!
Know what you mean about the chav stage. I get subtle mods such as updated brakes & the MS design spoiler, but hate seeing Pumas ruined with silly alloys ridiculous spoilers and re-maps that shorten the life of the engine
Fanwheel
Member
Q2 figures for 2016 now out. Now down to 9k taxed 1.7's left. But overall numbers higher and there are some DVLA data anomalies. There are apparently 5 diesel 1.7's out there!
https://www.howmanyleft.co.uk/vehicle/ford_puma_1.7_16v
https://www.howmanyleft.co.uk/vehicle/ford_puma_1.7_16v
tuonokid
Active member
Numbers falling at 1000 a quarter plus it's at that age where the next breakdown could be the scrapyard, will be a rarity very soon.
Barry
Barry
