KMII
[Montblanc Moderator]
51364
And there you have it, in a nutshell
I think you described the situation very well - as long as there is little potential for the resale value of an oldtimer to more or less compensate for the investment lavished on it, the market will remain cautious. And the main elements that drive values up - exotic brand, fascinating powertrain, sporty (for the era) performance, rarity, and a large and wealthy enough client base that was hankering after these when they were new to be willing to pay large amounts for one - are largely missing. So apart from the Saint one, I see the values remaining well under $100k - unless we are in for a round of massive dollar devaluation or hyperinflation 
None of this will take away the joy of owning one - unless you bought it as a purely financial investment, that is. And older Volvos do have a charm of their own - I did around 400k km in an 850T-5R, which even now (largely garaged and only used for the odd fun road trip) never fails to bring a smile to my face. It is worth next to nothing in spite of its pristine condition but I know where you are coming from with the P1800.
Is Forbes right?
They give some advices on cars, furnitures, wines and... watches. Look at this one: The two " stars " are the Volvo P 1800 and the Patek 175Th Anniversary, especially the Chronograph. I have some doubts when I read that the P 1800 will soon reach 100 000 ...
Well i think patek watches hold there value.
But the price of pleasure wearing a patek & owning one is most often priceless. Whether complicated or simple its great to own. Image wise it tells a lot about the owner. That he is lover of fine things , toys etc. my opinion. Best! Geross
mmmh, I would not support his opinion personally
What can make someone pick this one vs another ? There are many references which would perfectly answer to the question of THE watch to buy. I guess it was a fun exercize for his article and it was quite an easy choice to make a selection out of the 175th...
I tend to agree with you, on that matter. Even if I am happy to see that he values the
Car so high! ;) Best, Nicolas
May be right about the Patek but most likely very wrong on the Volvo
As much as I like the P1800, especially in the 3 door wagon ES guise, they are sadly way too common and not nearly exotic enough to get close to the price envisaged. Even though they are amongst the most collectable Volvos, they have relatively humdrum un...
I was indeed talking exclusively about the watch
The Volvo is indeed a very nice collection car. Cheers, Mark
Finding one in very good shape makes the rarity, though.
Ten years ago, I was tempted to jum on one, when they were around 5 K Euros. I got one two years and a half ago, and paid it much more. Nowadays, they go for an even higher price. But to say that they will soon reach 100 000 USD, well, there is still a wo...
Yes the article is correct
I have to be more patient and stop drinking my 2005 Bordeaux! I don't know about the rest though :)
Not sure about that car!!!
lol kidding of course Looks like you have a winning combo 5110 and 1800 Both P Ofcourse! Best Miranda
Interesting advice
On the price of a P1800. If he is talking about a fully restored car disassembled down to the frame and rebuilt ground up restoration I a sure 100k is reasonable as the restoration would most like cost 50k. Great car. Bill
I am pretty sure that the Saint's own P 1800 can fetch that price.
For the moment, a very nice P 1800 is more circa 40 K is interestingly the double than the price, three years ago. Best, Nicolas
I can say in general
The money you would spend to restore the car to its original like new conditions would be much more than any buyer would pay. But I know you are all about the pleasure and like watches these are not investments but objects to cherish and enjoy. Bill
Yes, when you spend money to restaure your car, don't expect the buyer to pay the price
You paid... I mean: You pay 20 K Euros for a nice P 1800. So pay 20 K Euros to restore it, you will sell it around 30 K Euros. BUT that is, from my point of view, not that important. The pleasure to drive it flawlessly is priceless. The pleasure the car w...
And there you have it, in a nutshell
I think you described the situation very well - as long as there is little potential for the resale value of an oldtimer to more or less compensate for the investment lavished on it, the market will remain cautious. And the main elements that drive values...
Yes, smile on the face is priceless. The funny thing with the P 1800 is
That almost each week someone comes to me to ask me if it is for sale. And the funnier thing is that my perpetual answer is... No, thanks. ;) Pleasure is the best of investments. 850 T5 R, the " brick "? That is a really cool car! Best, Nicolas
The very same...
Yes, the brick. In a European context in the rarest combination, namely black, not yellow, and a sedan, not an estate - I suppose the US would possibly have other combinations. One of only 2500 in total - in this combo it was the only one in the country, ...
Yes and No... Okay, I'll play "Pretend Doctor"
PuristSPro is not about money and we try to talk about price as little as possible as it detracts from the collector's experience. On the other hand, FORBES is all about money money money. So I approach this with a balance of collector mentality and yet a...
I was quite amused by the predictions especially on the P 1800.
Reaching the 100, 000 USD soon is not very realistic. Now, if we are speaking about quite long term, maybe 10 years, then... The car is quite rare. I see much more vintage Porsches than P 1800s on the road and in the Streets, and most of them are not in g...
You're right on the P1800. Of course I default to you on that one...
Of course I default to your expertise with the P1800. But don't be surprised if it goes up in value greater and sooner than you thought. Look at vintage air cooled Porsches, many 993s doubled in the past 3 years in the United States and have become very v...
In the 30 last months, it went up in a quite impressive way.
Count around 30 / 40 K Euros for a very nice one. But 100 000? That's another story. Best my friend. Nicolas
Nix the P1800
I actually owned a P1800 station wagon. Very cool looking car but it was a nightmare keeping it running. Finally sold it to a guy who loves tinkering with old Volvos. Sorry Forbes, think you got this one wrong.
You first have to be sure to have a good mechanician.
It is pretty reliable, though. Dépends on the condition. Mine didn't drive a lot, before I got it... The first 10 K Kilometers, I tested the different issues. Since then at the exception of the clutch which was not changed for 20 years ( ! ), no issues, j...