Mk2 RS after 3 years?

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BUG4LIFE

Original Poster:

2,160 posts

225 months

Tuesday 12th October 2010
quotequote all
How much do you guys think a Mk2 Focus will be worth after 3 years, say 30k miles in mint condition? Forget what the guides say because cars that people lust after always hold their value; I mean I sold my 10 year old DC2 Integra last year for over £9k [yep I said DC2 not DC5] and although the RS isn't as rare as my Teg or the Mk1 RS, they are not exactly everywhere! So what do you reckon?

LuS1fer

41,765 posts

252 months

Tuesday 12th October 2010
quotequote all
Depends what has come out in the meantime, how many are for sale and how many people in Essex have the money.

300bhp/ton

41,030 posts

197 months

Tuesday 12th October 2010
quotequote all
BUG4LIFE said:
How much do you guys think a Mk2 Focus will be worth after 3 years, say 30k miles in mint condition? Forget what the guides say because cars that people lust after always hold their value; I mean I sold my 10 year old DC2 Integra last year for over £9k [yep I said DC2 not DC5] and although the RS isn't as rare as my Teg or the Mk1 RS, they are not exactly everywhere! So what do you reckon?
It's a new car so will likely drop and there isn't a shortage of them. The DC2 is quite surprising, this time last year there were plenty around £3.5-4.5k for sale.

The RS will need time to mature too before its value stabilises.

useyourdellusion

5,648 posts

197 months

Tuesday 12th October 2010
quotequote all
Hard to tell really. Lately, they do seem to be everywhere in my experience. This may dilute things somewhat at the moment, but I reckon it's special enough to make up its own rules in the future...

BUG4LIFE

Original Poster:

2,160 posts

225 months

Tuesday 12th October 2010
quotequote all
I'm hoping prices do drop a fair rate as it's certainly a car I'd like to own in the future; I just love the drama of the whole thing, it's pretty damn bonkers! I see some are around the 20k mark at the moment but have 20k+ miles for a year old car - £15k in a couple of years will be spot on though, which will just under 50% price drop [maybe to much?].

KenBlocksPants

6,484 posts

191 months

Tuesday 12th October 2010
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Look what happened to the Mk1 Focus for good comparison IMO

even though the Mk1 was / is rarer

gareth.e

2,071 posts

196 months

Tuesday 12th October 2010
quotequote all
how the fk did you sell your dc2 for 9k?

Had you owned it from new and only driven 3k miles or something?

teen_cerbera

7,921 posts

232 months

Tuesday 12th October 2010
quotequote all
My belief is unmodified good examples will be hard to find, I also think having 305bhp on tap with 385bhp easily/cheapily available, alot of these are going to end up in a hedge therefore they will only get rarer - especially as production has been stopped for some time.

I love mine dearly, the looks are so purposeful and the cornering & grip levels are astounding for a FWD car.

BUG4LIFE

Original Poster:

2,160 posts

225 months

Tuesday 12th October 2010
quotequote all
gareth.e said:
how the fk did you sell your dc2 for 9k?

Had you owned it from new and only driven 3k miles or something?
Well mate, it was a very special DC2 - phoenix yellow, with matching yellow Recaros [1 of only 3 in the country at the time], just over 40k miles on the clock and some very tasty mods; like £1k+ worth of Spoon front calipers smile It was certainly a case of supply and demand, the buyer wanted it bad!!!

Teg05 by rhys.hocking, on Flickr

I think a Mk2 RS would be a fitting replacement, even though at the mo I'm enjoying the RWD of my BM!

Edited by BUG4LIFE on Tuesday 12th October 13:00

homerjay

1,242 posts

232 months

Tuesday 12th October 2010
quotequote all
BUG4LIFE said:
How much do you guys think a Mk2 Focus will be worth after 3 years, say 30k miles in mint condition? Forget what the guides say because cars that people lust after always hold their value; I mean I sold my 10 year old DC2 Integra last year for over £9k [yep I said DC2 not DC5] and although the RS isn't as rare as my Teg or the Mk1 RS, they are not exactly everywhere! So what do you reckon?
15k at least!

Edited by homerjay on Tuesday 12th October 13:01

s3fella

10,524 posts

194 months

Tuesday 12th October 2010
quotequote all
I got 11k payoutearlier this year when my 53 plate S3 was written off. Second owner, 60k miles Gibraltar import, only cost £17k new and 11k after near 7 years...!

Being a late car, with a demand, meant it held it's value well.

However, I just cannot see a Mk2 RS doing anywhere near the same. Many bought and put away as investments. Rs500 model too, update due next year..? If it is 50% over 3 years, thats pretty much stok for anything nowadays. But realistically, I think cars like this may wear a little worse than say in the last 3 years. Recession going to bite soon, fuel prices up, car tax up, inflation at record levels, lots of crime, people will worry about it getting nicked..?

Certainly I dont think it will do as well as the Mk1 RS, prcie wise.

Still, it will be useful to have it in the forecast harsh winter, what with it being 4wd and all...........!

BUG4LIFE

Original Poster:

2,160 posts

225 months

Tuesday 12th October 2010
quotequote all
homerjay said:
BUG4LIFE said:
How much do you guys think a Mk2 Focus will be worth after 3 years, say 30k miles in mint condition? Forget what the guides say because cars that people lust after always hold their value; I mean I sold my 10 year old DC2 Integra last year for over £9k [yep I said DC2 not DC5] and although the RS isn't as rare as my Teg or the Mk1 RS, they are not exactly everywhere! So what do you reckon?
15k at least!

Edited by homerjay on Tuesday 12th October 13:01
Hopefully smile

homerjay

1,242 posts

232 months

Tuesday 12th October 2010
quotequote all
s3fella said:
I got 11k payoutearlier this year when my 53 plate S3 was written off. Second owner, 60k miles Gibraltar import, only cost £17k new and 11k after near 7 years...!
dont know whats more astonishing!

11k insurance payout on car only worth 10k on a forcourt

or

such a car was only was only 17k NEW!


well done sir!

s3fella

10,524 posts

194 months

Tuesday 12th October 2010
quotequote all
homerjay said:
s3fella said:
I got 11k payoutearlier this year when my 53 plate S3 was written off. Second owner, 60k miles Gibraltar import, only cost £17k new and 11k after near 7 years...!
dont know whats more astonishing!

11k insurance payout on car only worth 10k on a forcourt

or

such a car was only was only 17k NEW!


well done sir!
It was a very late one and extremly mint! All options on it too, inlc sunroof park sensors the lot. BUt yes, as a Gibraltar import through Virgin cars, it was £17200 brand spanky new in Sept 03. But best of all, got it in Oct 2006 at 40k miles for £12700!!
And the 11k payout offer was their first one too, Direct Line!

Chris_w666

22,655 posts

206 months

Tuesday 12th October 2010
quotequote all
BUG4LIFE said:
How much do you guys think a Mk2 Focus will be worth after 3 years
£15k.


BUG4LIFE

Original Poster:

2,160 posts

225 months

Monday 27th January 2014
quotequote all
Just found this old thread of mine, as I was looking at Mk2 RS' yesterday...most still seem to be north of 20k, which is pretty nuts isn't it, it's not like they're rare. Owners who bought one new must be pleased smile

BUG4LIFE

Original Poster:

2,160 posts

225 months

Tuesday 28th January 2014
quotequote all
Just found this old thread of mine, as I was looking at Mk2 RS' yesterday...most still seem to be north of 20k, which is pretty nuts isn't it, it's not like they're rare. Owners who bought one new must be pleased smile