Board index FRP Q & A? How Can We Pump Up The Value Of YOUR Frp? Sticky?

How Can We Pump Up The Value Of YOUR Frp? Sticky?

Looking to purchase a FRP? ask fellow members of there experiences...

FRP426 Newbie

Posts: 42
Moderator? Can we make this a sticky please?

Hi all fellow FRP owners! Been thinking.
As I now own 2 FRP's, the last one last week at hopefully the low point in this horrible price cycle, and have been watching selling prices generally going down in the last 2-3 years I wondered (for my own interest at first)
how best I might advertise/market one or both of my cars when the time comes to sell. The thought occurred that high/higher selling prices in principle is in all our interests at some point in our ownership cycle.
The real danger of these low prices is that the cars are in easy reach of the chavs who will mod/rip apart and ruin the heritage and originality of a rare, and getting rarer,car. I know some of you will say that FRPs are not special enough etc, etc but that will never change now and we must accept that. They can be special to someone out there who will believe it is the best thing ever.....
After all, E-Types, Lamborghinis and Ferrari 328/348 were of a similar vein and now of course the few good uns left are appreciating in value, particularly if left original. If we only look one year ahead it is hard to see values much higher than today. But in 10 years time? Who nows and that's my point. We need to get our heads together and collectively make efforts to raise the profile of our lovely cars NOW!!
I know we are only a small number but that's precisely our Unique Selling Point (USP from now on)
It will take more than club meets and tooling around showing the cars in a casula way.
We need to find some city/investor types who are looking at investments of the future and see the FRP as an undiscovered gem.
What do you think all?
Cheers
John Arundell FRP426 and 476

Blue3 RPOC Regular

Posts: 206
I recently had a similar idea.

Start an investement scheme, lease a small warehouse and use investors money to buy up all the FRPs at low value on the market, sit on them for 10 yrs and sell them selectively for a killing.

Didnt get any further than an idea though,

Simon

racingpuma1982 RPOC Regular

Posts: 144
Location: worcestershire

You will never be able to control the price the market sets. Demand is low as a result of a poor economy and the fact parts are becoming very limited or pricey. These are fantastic cars that are worth a lot more so keep hold of them then in a few years when the value begins to increase you may make some money should you want to sell. Personally I would just enjoy owning a fantastic rare car and enjoy it. Don't worry about values that no one individual can control nor will any investor invest in.
Last edited by racingpuma1982 on Mon Apr 09, 2012 5:42 pm, edited 2 times in total.

markc Newbie

Posts: 32
The best (only?) solution is a group of vocal, enthusiastic owners and a vibrant owners "club".

The cars reputation from new, documented in numerous road tests, is very strong and it's low individually numbered build quantity and hand finished construction ensures rarity and future collect-ability. In age terms it's currently in that no mans land between "modern classic" and plain old. Although you can run one as a daily driver they're getting a) expensive to do so a b) you'll hurt it's collect-ability if you put on too many miles.

It's kind of a shame that the car is not badged as an RS as it would be formally welcomed in this popular, iconic(?) sub brand and the specific RS owners clubs that cater for them. Some fairly ordinary/dull RS's, such as the MK2 Escort RS2000 and MK3 Escort RS1600i, are worth pretty serious money now and the FRP is more of a "proper" RS in terms of engineering and spirit than either of them.

So essentially it's up to us and our club scene. It's fairly quiet here i.e. www.rpoc.co.uk so maybe we need another focus (no pun intended :wink: ), perhaps over on www.pumapeople.com or even appeal to the RS club/s to be included in their gang?

... or maybe we just have to wait 10years :)

Cheers

Mark

FRP9 RPOC Regular

Posts: 123
We 'pump up' the prices by starting to sell them for more, simples. Everyone's competing to sell theirs and people who are buying them are looking at what's the cheapest, not the condition of them. Even though mines just gone over 90k miles, I'll put my hard earned dollar that it's in better shape mechanically than one on half the miles!

jay frp401 RPOC Regular

Posts: 390
Location: birmingham
thats the same with mine. 401 on 88k but almost everything been rebuilt, body is all mint and when it finished it will on the the engine and box left. but if i would to sell id want 7.. 9 k for her. just because how far ive gone with it, but id never sell it as im sitting on her and going to keep he mint.

coopersmotors Newbie

Posts: 88
Location: Pickering, North Yorkshire
We shouldn't have to even think of this. Check out the production figures for the examples given by frp 426:-

E Type Jaguar 72,528 between 1957-1975 {Surviving as at 2011 (reg'd in UK only) 4435 + SORN 1146 = 5581}
Lamborgini 16,785 between 1968-2010
ferrari 326/348 15,186 between 1985-1995

Ford Puma 130,000 between 1997-2001 - of which Millennium 1600 {Surviving as at 2011 755}
Black 1600 {1381}
Thunder 2000 {1769}
FRP/ST160 Press 23 {12}
Production 500 {277} as per happy-kats list (Posted on 'how many left')

In Summary there's 5500 & odd Jags left in the UK alone & at best 280 or so FRPs IN THE WORLD !!!
Personally I don't think people realize just how rare these things really are.

Check out the video clip 'Ford Racing Puma Deal of the Week' on youtube
- If only - but I still wouldn't sell it :-)


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