£111,000 for just a 3 wheeler

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Wed 23 Mar 2022 08:51
£111,000 for just a 3 wheeler - Trilogy.

twitter.com/HagertyUK/status/1506360099627016194/p...1 Crazy!

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Wed 23 Mar 2022 14:50
£111,000 for just a 3 wheeler - Manatee

I can see it's a Peel.

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Wed 23 Mar 2022 15:35
£111,000 for just a 3 wheeler - Metropolis.
Ha!
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Thu 24 Mar 2022 10:44
£111,000 for just a 3 wheeler - bazza

The "classic" car market is red hot at the moment, it surely is a bubble that will burst. There's a huge interest in Fords particularly from the 60s ,70s and even 80s. I'm not sure what constitutes a classic, seems that any old junk seems to qualify! Ford Escorts suitable for scrap are selling for several thousand on eBay! More desirable models such as the Mexico, RS2000 etc sell for many tens of thousands. I would actually love one, but are they worth it? To me, no they're not, but I guess it's wholly an emotional purchase rather than a pragmatic one.

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Thu 24 Mar 2022 11:00
£111,000 for just a 3 wheeler - Steveieb

Always remember Clarkson driving round the Television centre corridors in a Peel. Hilarious.

The only car manufactured in the Isle of Man and having a 49 cc engine..

Was it named after a town on the island ?

But it’s not just the classic car market going crazy, there is a LR Defender on a 64 plate for sale in Earls Barton near me for £40 k + VAT.

My neighbour has An up market version which cost him £150 k and he has fitted a steering lock. Another neighbour blocks his Defender in with his New Porsche .

What on earth were JLR doing to cave in to the EU and cease production especially as we are no longer tied to their rules , leaving the market open to the Grenedier

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Thu 24 Mar 2022 11:10
£111,000 for just a 3 wheeler - nick62

What on earth were JLR doing to cave in to the EU and cease production especially as we are no longer tied to their rules , leaving the market open to the Grenedier

I'm not sure the interior of a Defender was any place I'd like to be in an RTA?

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Thu 24 Mar 2022 11:46
£111,000 for just a 3 wheeler - bathtub tom
Was it named after a town on the island ?

Yes, Peel. The company used to make motorcycle fairings. Not surprising, with the island's motorcycle history.

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Thu 24 Mar 2022 13:12
£111,000 for just a 3 wheeler - alan1302

What on earth were JLR doing to cave in to the EU and cease production especially as we are no longer tied to their rules , leaving the market open to the Grenedier

You think there is a lot of money selling to just the UK a mass produced car that most people would not want? And JLR do produce a new version of the car.

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Thu 24 Mar 2022 15:26
£111,000 for just a 3 wheeler - Terry W

Classic cars are a product of emotion not rational analysis, supply and demand.

Precisely what drives folk to pay £+++K for a few square cm of oil paint and canvas, and similar for some glittery yellow metal and glass chips. Provenance is all!

Personally understand classic cars more than art and jewellery - although £111k for a Peel is around £110k more than I would pay for an object with no practical purpose, zero emotional resonance and bereft of any design merit.

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Thu 24 Mar 2022 16:42
£111,000 for just a 3 wheeler - Sofa Spud

You could get at least half a dozen Bond Bugs for that money, maybe even ten Bond Bugs.

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Thu 24 Mar 2022 16:54
£111,000 for just a 3 wheeler - Sofa Spud

What on earth were JLR doing to cave in to the EU and cease production especially as we are no longer tied to their rules , leaving the market open to the Grenedier

Defenders have always held their value quite well but the reason they're so sought after now is because they've gone out of production. If they were still in production, sales would probably have declined a lot by now.

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Thu 24 Mar 2022 17:19
£111,000 for just a 3 wheeler - nick62

Defenders have always held their value quite well but the reason they're so sought after now is because they've gone out of production. If they were still in production, sales would probably have declined a lot by now.

For some bizarre reason they became "trendy"?

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Thu 24 Mar 2022 18:15
£111,000 for just a 3 wheeler - badbusdriver

What on earth were JLR doing to cave in to the EU and cease production especially as we are no longer tied to their rules , leaving the market open to the Grenedier

Not sure I'd place the blame for the old Defender going out of production on the EU. There are plenty of places in the world where there are no such requirements. Plus, as I said on the Grenadier thread not too long ago, I'm not at all convinced the 'market' for the Grenadier is going to be very big.

The "classic" car market is red hot at the moment, it surely is a bubble that will burst.

I was idly looking at cars on Autotrader the other day and came across an advert for a Renault 5 GT Turbo for £38.5k!.

You could get at least half a dozen Bond Bugs for that money, maybe even ten Bond Bugs.

In theory maybe but they don't come up for sale very often. There is one on Car And Classic right now for a fiver under £13k and yes, I'd much rather have one of them than that Peel!.

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Thu 24 Mar 2022 20:30
£111,000 for just a 3 wheeler - Xileno

Always found the old Defenders really uncomfortable as my elbow kept hitting the window. Noisy and hard ride but maybe that's the appeal. Very likely to get stolen, so I've read. Easy to strip down as not much more than a socket set needed.

2CV prices seem to have shot up, £10000 needed for anything really nice. I was tempted some years ago as a fun car but the lack of any safety features plus poor structural strength put me off.

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Thu 24 Mar 2022 20:52
£111,000 for just a 3 wheeler - mcb100
I believe one of the reasons the old Defender had to cease production was because it would never in a month of Sundays pass any impact tests.
Because there was such a high degree of hand build in producing it, there was a wide variation in tolerances. Thus when it was driven into concrete blocks, barriers, other vehicles, JLR never got the same results twice - which made it impossible to calibrate air bags and seatbelt pretensioners.
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Thu 24 Mar 2022 21:05
£111,000 for just a 3 wheeler - John F

Looks as though they are coming down in price, then........

The 1963 model retailed for £199 when new (about £6,600 in 2019, or US$8,500). The company produced 50 P50s, of which 27 are known to still exist, one of which was sold for a record US$176,000 at a Sotheby's auction in March 2016.[5]

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Thu 24 Mar 2022 22:57
£111,000 for just a 3 wheeler - Trilogy.

Someone was certainly charmed by the appeal of it.

Edited by Trilogy. on 24/03/2022 at 23:02

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Fri 25 Mar 2022 19:19
£111,000 for just a 3 wheeler - Engineer Andy

twitter.com/HagertyUK/status/1506360099627016194/p...1 Crazy!

Imagine what they would've got for it had it got 4 wheels! ;-)

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