G27 for ridiculous money

G27 for ridiculous money

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Discussion

JTeb

Original Poster:

122 posts

179 months

Saturday 20th November 2010
quotequote all
http://www.pistonheads.com/sales/2275836.htm

Yes, the G27 which didn't find a buyer for £6000 is now for sale for £12,995. I'm sure someone wants a G27 with tacky stickers for Dare G4 money.

What goes on in the head of these people?!

blitzracing

6,410 posts

227 months

Saturday 20th November 2010
quotequote all
Thats a good price for a G33 with a proper engine.......

JTeb

Original Poster:

122 posts

179 months

Saturday 20th November 2010
quotequote all
Turns out it did sell. For £4750, last week.
http://cgi.ebay.co.uk/GINETTA-G27-2L-16V-ZETEC-SPO...

dandarez

13,442 posts

290 months

Saturday 20th November 2010
quotequote all
So, looks like the ebay winner is trying to make a quick 8 grand plus.
Just looked at his feedback, 97% and 6 bid retractions in as many months.
Further looking shows he's a dealer. No problem with a mark up but 8 grand+, oh dear.
Perhaps he thinks it's a G4? Easy mistake for the uninitiated.

Think he will be disappointed... mugs abound but not too many in the Ginetta community.

Probably worth 5k, max 6k.

Edited by dandarez on Sunday 21st November 00:39

JTeb

Original Poster:

122 posts

179 months

Sunday 21st November 2010
quotequote all
To me it's worth £5k, because the rest of the money would need to be spent on a less garish paint job.

Take in mind that there's another G27 up on eBay at the moment for £5,995, and it's an ex-factory car. The only real differences being that it's got a 1.8 silvertop Zetec instead of a 2.0 blacktop Zetec, and doesn't have a hard-top.

http://cgi.ebay.co.uk/Ginetta-G27-1800TC-KIT-Car-1...

dandarez

13,442 posts

290 months

Sunday 21st November 2010
quotequote all
Just because the turquoise car is ex-factory means nothing. The lazy wiring bound round the chassis hardly inspires confidence of a factory car! Ginetta were in turmoil times then, and it looks well used, more than it's supposed 160000 miles indicate. If I recall when i first saw it advertised it was in worse state than now.

The engine bay cannot be compared to the yellow car which is immaculate and the 2-litre black top Zetec engine was new. I bet the silver top was used. Ok, the yellow car is ruined but they are chequered decals and stickers doing that not the paintwork colour.
The dealer who has bought the yellow car was obviously bowled over by the condition and thought he had won a bargain and could make a big killing.

The turquoise car (which could also be thought to be garish by some, it's just a personal thing) has been up for sale for ages too.

If both were 5k and I had to go for one I know which I would go for.

Gompo

4,513 posts

265 months

Sunday 21st November 2010
quotequote all
dandarez said:
The dealer who has bought the yellow car was obviously bowled over by the condition and thought he had won a bargain and could make a big killing.
A lot of his stock seem over-priced/inflated. He is however in Ireland which makes a difference.

blueg33

38,492 posts

231 months

Sunday 21st November 2010
quotequote all
dandarez said:
Just because the turquoise car is ex-factory means nothing. The lazy wiring bound round the chassis hardly inspires confidence of a factory car! Ginetta were in turmoil times then, and it looks well used, more than it's supposed 160000 miles indicate. If I recall when i first saw it advertised it was in worse state than now.

The engine bay cannot be compared to the yellow car which is immaculate and the 2-litre black top Zetec engine was new. I bet the silver top was used. Ok, the yellow car is ruined but they are chequered decals and stickers doing that not the paintwork colour.
The dealer who has bought the yellow car was obviously bowled over by the condition and thought he had won a bargain and could make a big killing.

The turquoise car (which could also be thought to be garish by some, it's just a personal thing) has been up for sale for ages too.

If both were 5k and I had to go for one I know which I would go for.
That can't be factory wiring, its even worse then the factory wiring was in my G33. Wiring was the cause of the car's only breakdown.

mikeg15

287 posts

207 months

Sunday 21st November 2010
quotequote all
Gompo said:
dandarez said:
He is however in Ireland which makes a difference.
Explain

dandarez

13,442 posts

290 months

Sunday 21st November 2010
quotequote all
blueg33 said:
dandarez said:
Just because the turquoise car is ex-factory means nothing. The lazy wiring bound round the chassis hardly inspires confidence of a factory car! Ginetta were in turmoil times then, and it looks well used, more than it's supposed 160000 miles indicate. If I recall when i first saw it advertised it was in worse state than now.

The engine bay cannot be compared to the yellow car which is immaculate and the 2-litre black top Zetec engine was new. I bet the silver top was used. Ok, the yellow car is ruined but they are chequered decals and stickers doing that not the paintwork colour.
The dealer who has bought the yellow car was obviously bowled over by the condition and thought he had won a bargain and could make a big killing.

The turquoise car (which could also be thought to be garish by some, it's just a personal thing) has been up for sale for ages too.

If both were 5k and I had to go for one I know which I would go for.
That can't be factory wiring, its even worse then the factory wiring was in my G33. Wiring was the cause of the car's only breakdown.
The car has only ever had one owner... the factory!

dandarez

13,442 posts

290 months

Monday 22nd November 2010
quotequote all
Gompo said:
dandarez said:
He is however in Ireland which makes a difference.
Explain
Not sure how you managed to get the quotes mixed up like that MikeG15, but I didn't say it! Gompo did, so you'd better ask him to explain.

blueg33

38,492 posts

231 months

Monday 22nd November 2010
quotequote all
dandarez said:
blueg33 said:
dandarez said:
Just because the turquoise car is ex-factory means nothing. The lazy wiring bound round the chassis hardly inspires confidence of a factory car! Ginetta were in turmoil times then, and it looks well used, more than it's supposed 160000 miles indicate. If I recall when i first saw it advertised it was in worse state than now.

The engine bay cannot be compared to the yellow car which is immaculate and the 2-litre black top Zetec engine was new. I bet the silver top was used. Ok, the yellow car is ruined but they are chequered decals and stickers doing that not the paintwork colour.
The dealer who has bought the yellow car was obviously bowled over by the condition and thought he had won a bargain and could make a big killing.

The turquoise car (which could also be thought to be garish by some, it's just a personal thing) has been up for sale for ages too.

If both were 5k and I had to go for one I know which I would go for.
That can't be factory wiring, its even worse then the factory wiring was in my G33. Wiring was the cause of the car's only breakdown.
The car has only ever had one owner... the factory!
I missed that! maybe it was a development car that saw lots of changes, hence hurried wiring

jamesG20V6

873 posts

264 months

Monday 22nd November 2010
quotequote all
I don't think the one factory owner thing is quite right with the green car. I think this might be EPS's old car which he sold on and appears to have gone through several dealers.
The price on the yellow car seems to have gone up another £750 too. Makes my old car look a bargain, had i known i would have cleared £20k for it wink

Gompo

4,513 posts

265 months

Monday 22nd November 2010
quotequote all
mikeg15 said:
Gompo said:
He is however in Ireland which makes a difference.
Explain
I'm not entirely sure it would concern the Ginetta, but I am lead to believe that 'classic' cars are worth more in Ireland due to the MOT(?) ruling which came in and sent many cars off the road - which is also why a lot of those sort of cars (RWD stuff Escorts, Starlets, AE86s etc particularly and the like of which he's selling) go over there from here.

With you being there mikeg15 you probably have more idea??

mikeg15

287 posts

207 months

Monday 22nd November 2010
quotequote all
Maybe he is marketing across the border where there may still be hot money. My experience is that to make a sale of an interesting car it will go to the mainland where prices are usually much better.

Truckosaurus

12,037 posts

291 months

Wednesday 24th November 2010
quotequote all
jamesG20V6 said:
I don't think the one factory owner thing is quite right with the green car. I think this might be EPS's old car which he sold on and appears to have gone through several dealers.
Indeed it is. I suspect that as the car has floated between dealers they've not re-registered it so the V5 will still say Ginetta Cars were the previous owner.

Broomsticklady

1,095 posts

212 months

Wednesday 24th November 2010
quotequote all
I don't think any of the people posting about this car is remotely interested in buying it, so yes the price might seem ridiculous to them. Lets just wait and see if it sells - if it does, then the man bought a bargain on Ebay...

We have sold two of our Ginettae in the past 18 months, and some who were looking for a 'deal' at the time were quick to tell us that we were asking too much - both sold, and pretty much at the price we were looking for.

JTeb

Original Poster:

122 posts

179 months

Thursday 25th November 2010
quotequote all
I was interested in buying it. If it sells for £4500 with no reserve on eBay then it's probably not worth £12,995 a week later.

Edited by JTeb on Thursday 25th November 13:37

geeeman

1,311 posts

262 months

Thursday 25th November 2010
quotequote all
when did a g27 ever sell for 14k?? its not in keeping with market prices.

dandarez

13,442 posts

290 months

Friday 26th November 2010
quotequote all
Broomsticklady said:
I don't think any of the people posting about this car is remotely interested in buying it, so yes the price might seem ridiculous to them. Lets just wait and see if it sells - if it does, then the man bought a bargain on Ebay...

We have sold two of our Ginettae in the past 18 months, and some who were looking for a 'deal' at the time were quick to tell us that we were asking too much - both sold, and pretty much at the price we were looking for.
I don't think that is fair.
It doesn't stop us commenting on it (the Yellow Decal Peril as I called it) because, frankly, as others point out, a G27 of that era has never ever, even remotely, fetched that sort of money secondhand.

So he won't have bought a bargain (if it sells) he will have 'made a killing' to the unwary!

That is a point of these forums. Hopefully, an unwary prospective buyer might visit here and then realise. Rather than after the event come on here and proclaim he has just bought a G27 and his joy be short-lived!

I watched this car over a longish period (for interest) but confess I didn't realise it was in such immaculate condition. Like others, you see the chequered rear end and stickers and tend to gloss over. I suspect the dealer had actually got an 'actual look' at the car, shown by his late bid and another final higher bid should his first bid not succeed.

Regards your two Ginettas.
I don't know of anyone who thought your G21 was priced too high. In fact, it looked to me a very, very fair price. Most sell around 2.5-6k so yours was probably a very good deal for who bought it.
As for your Dare G4, Spadge had it initially at over £23k if I recall, then the price gradually reduced. Not sure what you got in the end but I suspect it was around 18k range, a good price for probably the lowest mileage G4 available. I just couldn't raise additional money (you were kind enough to allow me a way round it but I didn't want to take that option).