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Discussion Starter · #1 · (Edited)

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It's worth a tiny fraction of the money its cost him. And even less given the rubbish photos he's put up.
He says all Alfa's become collectable - hmm, perhaps if he'd done one of the V6 variants maybe but I can't ever see a 1.8 156 becoming a desirable collectors car.

I wouldn't pay more than £2-£3k for it and even then i think the Sportwagon is a much prettier shape!
 

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Discussion Starter · #5 ·
Thanks everyone for your input.

I'm thinking along similar lines to each of you;

1. The chap appreciates he's not going to cover anywhere near the investment, which is going to be truly disappointing for him (which is genuinely a shame if the resto is the quality it's claimed to be)
2. The 1.8 variant of the 156 isn't really collectable, regardless of the condition. I know - I've bought and loved a couple of them but if they don't appreciate!
3. If he'd started the project with a 156 GTA in 2011- he could have made some really good money
4. The upper limit of the price, is in many ways is capped by alternative restored Alfa's - so for example you can pick up a delightful GTV with a busso engine for 4 - 5k, so this isn't going to compare to that, as those cars are actually appreciating.

Any other views, am I being mean here?

rancid
 

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I didn't get the feeling that he realises he's not going to recover his investment, I think he genuinely thinks he's created a desirable investment car.

His comparison with the Alfasud is silly, they are genuinely fantastic cars and I'd love one.

Wow, just checked the ads for other Alfas for sale on Pistonheads - some real day dreaming prices there!
 

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Discussion Starter · #7 ·
I didn't get the feeling that he realises he's not going to recover his investment, I think he genuinely thinks he's created a desirable investment car.

His comparison with the Alfasud is silly, they are genuinely fantastic cars and I'd love one.

Wow, just checked the ads for other Alfas for sale on Pistonheads - some real day dreaming prices there!

Thanks Rockhopper - I've had a follow up email with the seller where he's clear that the he realistically hasn't got a hope of even recovering even the majority of the investment, I should have added that to my notes.

Yes - there are some interesting circa 15k GTV spiders which look fabulous to my eye, but not to my wallet. Those prices don't really stack up!
 
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I did previously make an offer for this car, last year sometime. He seems to think he will get back the money he invested in it. My feeling is at auction it might on a very good day go for £3500, if the wind was in the right direction, and the planets were aligned just right. Just imagine if you paid £10k for it, wrote it off the next day, and the insurance company says, well sorry the book value is £800 ....
 

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Discussion Starter · #9 ·
I did previously make an offer for this car, last year sometime. He seems to think he will get back the money he invested in it. My feeling is at auction it might on a very good day go for £3500, if the wind was in the right direction, and the planets were aligned just right. Just imagine if you paid £10k for it, wrote it off the next day, and the insurance company says, well sorry the book value is £800 ....
Yes, that's another point I hadn't considered - I guess you'd need some specialist insurance if you wanted to avoid that situation, but you're going to be paying over the odds for that.

Do you mind letting me know what you offered? If you don't want to post it here, perhaps you could PM me.

rancid.
 

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Agreed value insurance.

I loved my 1.8 156 but just doesn't have the grunt it needs, as said too many about and is not a desirable engine. Reputedly more robust than the 2.0 though.

Supercharge it though and 220bhp with the handling of a twinnie?!
 

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Discussion Starter · #11 ·
Agreed value insurance.

I loved my 1.8 156 but just doesn't have the grunt it needs, as said too many about and is not a desirable engine. Reputedly more robust than the 2.0 though.

Supercharge it though and 220bhp with the handling of a twinnie?!
Agreed, the 1.8 is quite nice to hoon around country lanes because of the sweet handling, but it's lacking in grunt. What do you think for a valuation?

I'd quite like to buy it, simply as a car to use and enjoy - I'd probably run it (with no expense spared) until it fell to bits, which would hopefully be a few years. But I see very little point in trying to keep it immaculate as the price simply won't appreciate.

rancid
 

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Perhaps it's too good

What a great car,
But.

As said, the seller is asking above what people will likely be willing to pay. If I had the funds, I may well consider it but as mentioned, other variants would be more fun. Also, I like to use a car and a 156 that good is beyond useable, in the main.

Such a shame so many are interested in value when traditionally Alfa's saloons are better than the coupés. Perhaps I just like many of Alfa's often overlooked offerings but that said, I think it would be many years before the market for 156s is sufficiently developed, if ever, to command anything like the amount of debt notes the seller is looking for.

One thing is sure; it probably is the best unmolested 156.
Shame it isn't a CF2 though.
 

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What a great car,
But.

As said, the seller is asking above what people will likely be willing to pay. If I had the funds, I may well consider it but as mentioned, other variants would be more fun. Also, I like to use a car and a 156 that good is beyond useable, in the main.

Such a shame so many are interested in value when traditionally Alfa's saloons are better than the coupés. Perhaps I just like many of Alfa's often overlooked offerings but that said, I think it would be many years before the market for 156s is sufficiently developed, if ever, to command anything like the amount of debt notes the seller is looking for.

One thing is sure; it probably is the best unmolested 156.
Shame it isn't a CF2 though.
I agree, I looked at it online today and was quite surprised to see the efforts he's gone to on the car, it's nice but there's too much of a "but".......
 

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I like the steering wheel.

The rest is just silly. Why on earth would you pay good money for brand new horns (which very rarely break and cost buttons from a scrappy), and wheel arch liners that will look just as crap as 80,000 mile ones in 3 months? I suspect the rest of it is riddled with similar silliness.

If he can find the one person in the world who really wants a standard 1.8 156, then he might get 3k for it. But it’s a very small market.
 
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