UK TV

[Quart Meg Miles]

Postscript: As posted on another thread, I have paid less than an extra 12% for a £25,000 value, or price, of a replacement car.

[jonnyg]

I saw the B & C programme too and found it interesting. It prompted a couple of thoughts. I presume that only a TV company with a big budget / more money than sense would have paid £28k for the Elan in the first place, given its very poor condition, but hey, that's entertainment! And then seeing the fantastic finished result (to be expected for a total spend of over £50k on parts and labour) and given the car's provenance and the fact it was bought by the original owner's son (a lovely ending) it struck me that the beautifully restored Elan was a bargain for a hammer price just under £40k.

Given the comments on other recent threads here about cars currently for sale by auction or otherwise, and whether they represent an opportunity or should be avoided at all costs, it does make you wonder where the balance between condition, prices and values stand at the moment. I guess it all depends on what you want and how much you're prepared to spend. But if the beautifully restored S1 represents near perfection at £40k, what are we to make of the asking prices for many of the other Elans currently for sale, some of which are clearly nowhere near as good as this one? Truly, caveat emptor, I suppose.

Happy New Year