This seems to be happening more and more with Volvos. Only recently, there was that red 1800ES. 30 odd k up to 70. A 240 up this way sold recently for ~5k and only the other day went back up for 12k. I wonder if it’s happening with most car makes or if people are just being opportunistic and taking advantage of the people out there unaware in the moderate increase in prices on older Volvos.
I mean you can’t blame a man for trying.. there are plenty of people out there who are paying a lot more for cars that only a few years ago, we would never have dreamed of. Manual turbo cars especially are a commodity.
When you compare this to the prices being asked on an 850R, it doesn’t seem too wild. I mean they are somewhat comparable cars.. it’s just that they don’t have the cult status of the 850R. (Understandably cos they lack 5 banger..)
Honestly, if this car was perfect, ie. paint perfect, no dints, lower kms?, service history, I reckon it’d be valued about right.
I mean it’s just inflation hey. It’s kind of like this increase in the value of houses. Like yeah, your house is worth 100 grand more than it was last year but they all are! You can’t sell it and go and buy a better house cos all houses have gone up. So where does the extra value get you?
You look at the price on P1800s and you think wow, finally people are seeing what a special car they are.. but then you see a triumph spitfire for $60 grand haha