Ultra rare mk 1 Escort at upcoming auction

Ultra rare mk 1 Escort at upcoming auction

Author
Discussion

s m

23,378 posts

206 months

Sunday 16th June
quotequote all
Mikebentley said:
I agree with them never going below £40k again. I sold a 1955 XK140 FHC a couple of years ago and I was realistic that anyone wanting one was likely aged in their 70s. It was bought by a man who was 73. I was mindful that the XK140 doesn’t carry the allure of an E Type so the buyer pool is decreasing. MK1 and MK2 Escorts have the competition history and a huge following across the globe.

The other thing is that I am 57 now and was into the fast Fords in a big way in the mid eighties and onwards. Lots of people in the same age bracket now as empty nesters with money to spend so I think Escorts are going to remain strongly valued.
A close friend of mine bought a ‘useable’ but in no way mint Mk2 RS2000 almost a decade back so that he could relive some of his youth at weekends. He’s not afraid to use it at weekends and do all the type of stuff that we did with them back in the 80s ……but even though it’s not a garage queen by any stretch he’s had serious offers to buy it recently for double what he paid, one from a guy in his 20s . For me it’s a fun as I remember them being ( he’s graciously let me have a drive a few times in exchange for a go in my fun car ) when they were 2 or 3k cars. I’d definitely go for an Escort rather than a high mileage GT86 as a weekend modding project - nothing is quite the same as an Escort although more modern cars are technologically better

PAUL.S.

2,700 posts

249 months

Sunday 16th June
quotequote all
aeropilot said:
PAUL.S. said:
AceRockatansky said:
PAUL.S. said:
An MST version of the above would cost far more than the asking price shown there, without the provenance.

KGF always ask top dollar and then some, but you have to ask, has anything they have sold in the last 10 years then sold for less later on? I doubt it, they have ridden the nostalgia wave well, buyers have taken the initial hit, but bought well in most cases as prices have continued to rocket afterwards.

Edited by PAUL.S. on Sunday 16th June 09:49
An MST car is a restomod with much better parts, equipment and engine. They can be specced with some very nice upholstered seats and reliable electronics, so not really a comparison, none of which is cheap.
It is a direct comparison, MST could build an exact copy of that car, but it would cost far more to do so and would be a reproduction, not a period original. That is the point I was making. Originality always trumps anything else.
An MST car isn't even a reproduction, or a resto-mod, as it's all new, IVA'd and running a new reg etc., so can't be compared at all to an original car, or a restored/rebuilt 'original' car. It can't even be called a Ford or an Escort.
So, they are two very different things.
MST also build up cars from original base model Mk1 Escorts to whatever spec the customer wants.

AceRockatansky

2,214 posts

30 months

Monday 17th June
quotequote all
PAUL.S. said:
AceRockatansky said:
PAUL.S. said:
An MST version of the above would cost far more than the asking price shown there, without the provenance.

KGF always ask top dollar and then some, but you have to ask, has anything they have sold in the last 10 years then sold for less later on? I doubt it, they have ridden the nostalgia wave well, buyers have taken the initial hit, but bought well in most cases as prices have continued to rocket afterwards.

Edited by PAUL.S. on Sunday 16th June 09:49
An MST car is a restomod with much better parts, equipment and engine. They can be specced with some very nice upholstered seats and reliable electronics, so not really a comparison, none of which is cheap.
It is a direct comparison, MST could build an exact copy of that car, but it would cost far more to do so and would be a reproduction, not a period original. That is the point I was making. Originality always trumps anything else.
There's not much original after you've restored an escort. It can also get very costly if you restore one, I know most people won't count the money they spend on wire wheels, drill bits and weld wire and masking tape, filler and sand paper. But if they did an MST car with brand new parts does start looking better value, compared to an old rotter fixed up with second hand parts.

I've heard of a few people just selling their project and buying one and I can well understand it.

aeropilot

35,136 posts

230 months

Monday 17th June
quotequote all
AceRockatansky said:
PAUL.S. said:
AceRockatansky said:
PAUL.S. said:
An MST version of the above would cost far more than the asking price shown there, without the provenance.

KGF always ask top dollar and then some, but you have to ask, has anything they have sold in the last 10 years then sold for less later on? I doubt it, they have ridden the nostalgia wave well, buyers have taken the initial hit, but bought well in most cases as prices have continued to rocket afterwards.

Edited by PAUL.S. on Sunday 16th June 09:49
An MST car is a restomod with much better parts, equipment and engine. They can be specced with some very nice upholstered seats and reliable electronics, so not really a comparison, none of which is cheap.
It is a direct comparison, MST could build an exact copy of that car, but it would cost far more to do so and would be a reproduction, not a period original. That is the point I was making. Originality always trumps anything else.
There's not much original after you've restored an escort. It can also get very costly if you restore one, I know most people won't count the money they spend on wire wheels, drill bits and weld wire and masking tape, filler and sand paper. But if they did an MST car with brand new parts does start looking better value, compared to an old rotter fixed up with second hand parts.

I've heard of a few people just selling their project and buying one and I can well understand it.
Oh, I can relate to that idea...... rolleyeslaugh



vpr

3,730 posts

241 months

Monday 17th June
quotequote all
AceRockatansky said:
There's not much original after you've restored an escort. It can also get very costly if you restore one, I know most people won't count the money they spend on wire wheels, drill bits and weld wire and masking tape, filler and sand paper. But if they did an MST car with brand new parts does start looking better value, compared to an old rotter fixed up with second hand parts.

I've heard of a few people just selling their project and buying one and I can well understand it.
Absolutely…my recently restored MK2 RS owes me more than my pretty tidy S1 Etype Roadster. In fact, more than my woman’s newly acquired 6 month old Panamera Sport Turismo too

PAUL.S.

2,700 posts

249 months

Monday 17th June
quotequote all
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.

r5kdt

265 posts

188 months

Monday 17th June
quotequote all
PAUL.S. said:
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.
Well they certainly got it wrong when they sold my Petrol Blue Escos a few years ago. it was sold with less mileage than when i bought it in 1998 as the second owner from Brooklyn Ford!

aeropilot

35,136 posts

230 months

Monday 17th June
quotequote all
r5kdt said:
PAUL.S. said:
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.
Well they certainly got it wrong when they sold my Petrol Blue Escos a few years ago. it was sold with less mileage than when i bought it in 1998 as the second owner from Brooklyn Ford!
whistle

AceRockatansky

2,214 posts

30 months

Monday 17th June
quotequote all
PAUL.S. said:
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.
I haven't seen a KGF car up close, but it depends who built it, so seeing as they buy them in, there would no doubt be some variation.

One thing that makes escorts so appealing is their broad scope of specification. Personally I put a lot of value in high end components such as a modern tarmac spec atlas on Reigers, over a standard English on leaf springs, or big AP vented brakes rather than M16's on solids, canbus looms over 70's wiring etc. Appreciate why people like original stuff though, there's something for everyone and every budget.

Let's be honest though, all escorts will have a skim of filler! hehe

PAUL.S.

2,700 posts

249 months

Monday 17th June
quotequote all
r5kdt said:
PAUL.S. said:
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.
Well they certainly got it wrong when they sold my Petrol Blue Escos a few years ago. it was sold with less mileage than when i bought it in 1998 as the second owner from Brooklyn Ford!
Did you notify them at the time so that the matter could be rectified and save potential buyers the heartache of finding out later?

I-am-the-reverend

719 posts

38 months

Monday 17th June
quotequote all
Looks like I've been outvoted/shown the door. laugh

I'd have one but I'd build it from a V5 (cough) and a new shell. I'm not interested in resurrecting scrap or correcting 'craftsmanship' tbh.

But: A early Mexico, near enough standard - 1650 cc, a spicier cam, a good head(!) but on a standard Weber carburettor and air box. 90 bhp ish, 2000E box and the correct 3.77 diff. Standardish suspension with some good dampers and a bit lower. 165 radials on AVO steel slotted wheels with the chrome hubcaps. Standard brakes, fine with decent pads.

Standard interior but with the fantastic Contour front seats and a Springalex.

Colour? Ford Onyx green, used 71-73 on the cooking cars but rarely - if ever - on AVO stuff. No stripes of any description, just plain. It would look like a fairly ordinary Escort but it'd be lovely to drive.

A £50,000 build I reckon.

aeropilot

35,136 posts

230 months

Monday 17th June
quotequote all
I-am-the-reverend said:
Looks like I've been outvoted/shown the door. laugh

I'd have one but I'd build it from a V5 (cough) and a new shell. I'm not interested in resurrecting scrap or correcting 'craftsmanship' tbh.

But: A early Mexico, near enough standard - 1650 cc, a spicier cam, a good head(!) but on a standard Weber carburettor and air box. 90 bhp ish, 2000E box and the correct 3.77 diff. Standardish suspension with some good dampers and a bit lower. 165 radials on AVO steel slotted wheels with the chrome hubcaps. Standard brakes, fine with decent pads.

Standard interior but with the fantastic Contour front seats and a Springalex.

Colour? Ford Onyx green, used 71-73 on the cooking cars but rarely - if ever - on AVO stuff. No stripes of any description, just plain. It would look like a fairly ordinary Escort but it'd be lovely to drive.

A £50,000 build I reckon.
Nice usable spec.
As much as people crave power, back in the day, a virtually standard, and unmolested Mex was such a delight to drive on early 80's roads. I shared the buy of such a car with a mate, and got to run it for a week or so. Was all original, a late Custom Pack in Olympic Blue still on 175/70 tyres, original paint and panels, original suspension etc., had only done about 60k miles (this was 1985) and was just lovely. My mate wanted to flip it and stick some new wings on it, and paint it, but I said it would ruin it.....he won.
Very few cars like that left now of course.
As for Oynx Green, yes it was never an AVO colour option (unless ordered as a custom colour build through Special Build order)

Lefty

16,270 posts

205 months

I-am-the-reverend

719 posts

38 months

Monday 17th June
quotequote all
Not terrible is it?

DIY, it wouldn't be silly expensive to restore as you'd repair most of the shell rather than buy £££ panels. Most of the right bits are still there as well.

vpr

3,730 posts

241 months

Tuesday 18th June
quotequote all
I-am-the-reverend said:
Not terrible is it?

DIY, it wouldn't be silly expensive to restore as you'd repair most of the shell rather than buy £££ panels. Most of the right bits are still there as well.
Do not underestimate the cost of good original parts on these.
Inner headlamps can cost you £800 a pair ID u can find any.

This car is more rotten than it would first appear I’d suggest.

aeropilot

35,136 posts

230 months

Tuesday 18th June
quotequote all
vpr said:
I-am-the-reverend said:
Not terrible is it?

DIY, it wouldn't be silly expensive to restore as you'd repair most of the shell rather than buy £££ panels. Most of the right bits are still there as well.
Do not underestimate the cost of good original parts on these.
Inner headlamps can cost you £800 a pair ID u can find any.

This car is more rotten than it would first appear I’d suggest.
800 quid a pair for inner lamps......eek

The semi-rally prep state of it would mean a good shell inspection required as well, to see if it had been actually used or whether it had only got as far as part prepared and then became an abandoned project.

However, if shell not too bad, it could be a good candidate for a decent usable car with mods, rather than a concours original show car.

r5kdt

265 posts

188 months

Tuesday 18th June
quotequote all
PAUL.S. said:
r5kdt said:
PAUL.S. said:
I think some are misunderstanding what I am getting at, so to clarify.

Yes KGF examples are costly in comparison to possible others out there, but they only tend to sell top of the tree cars, not rotboxes of dubious history full of filler etc, so to replicate what they sell, to the same standard (such as MST etc produce) would cost even more is the point I am making.

Long term it may be better to take the hit up front and pay a bit more as these cars are the ones people will want in the future even in a downturn.

I have no association with KGF by the way.
Well they certainly got it wrong when they sold my Petrol Blue Escos a few years ago. it was sold with less mileage than when i bought it in 1998 as the second owner from Brooklyn Ford!
Did you notify them at the time so that the matter could be rectified and save potential buyers the heartache of finding out later?
Not at the time as i was unaware it was for sale, but i did speak to him about a year after he had sold it and he couldn't have been less bothered! Disappointing really as i had thought very highly of them up to that point and even viewed a car to buy. Again before i knew about this.



Ken P

156 posts

45 months

Tuesday 18th June
quotequote all
aeropilot said:
vpr said:
I-am-the-reverend said:
Not terrible is it?

DIY, it wouldn't be silly expensive to restore as you'd repair most of the shell rather than buy £££ panels. Most of the right bits are still there as well.
Do not underestimate the cost of good original parts on these.
Inner headlamps can cost you £800 a pair ID u can find any.

This car is more rotten than it would first appear I’d suggest.
800 quid a pair for inner lamps......eek

The semi-rally prep state of it would mean a good shell inspection required as well, to see if it had been actually used or whether it had only got as far as part prepared and then became an abandoned project.

However, if shell not too bad, it could be a good candidate for a decent usable car with mods, rather than a concours original show car.
Flat front it for a lot less than cost of those headlamps.. use it as toy driving


Hol

8,441 posts

203 months

Tuesday 18th June
quotequote all
vpr said:
AceRockatansky said:
There's not much original after you've restored an escort. It can also get very costly if you restore one, I know most people won't count the money they spend on wire wheels, drill bits and weld wire and masking tape, filler and sand paper. But if they did an MST car with brand new parts does start looking better value, compared to an old rotter fixed up with second hand parts.

I've heard of a few people just selling their project and buying one and I can well understand it.
Absolutely…my recently restored MK2 RS owes me more than my pretty tidy S1 Etype Roadster. In fact, more than my woman’s newly acquired 6 month old Panamera Sport Turismo too
The repair panels alone for my Mk1 were £4000, and that was for:
2xRS Wings
2x rear quarters
2x outer inner rear arches
Rear upper vented panel
Rear panel
Inner front wing tops

would have been a lot more if car wasn’t so clean to start with and some of the panels I did buy were so we could get inside the cavities to paint.


Biker's Nemesis

39,144 posts

211 months

Thursday 20th June
quotequote all
I had this photo forwardered to me yesterday. Picture is around 1985 and car was in Garthorpe Yorkshire.

Anyone know the car?