Well just got an insurance quote for a Mk1 rs 52 plate, standard, and it was less than what i was paying for the GT. I mean what the foook? lol, was just a reg I pinched of ebay to do the quote but i was very suprised! Thanks for the help, its opened my eyes up to what really is available. Im leaning more towards a bank loan now as then im not tied to the car for 5 years. I know its a gamble but im in a secure job and if i was to save up for this kind of car it would take ages and then id probably be scared to spend that big wad of cash!
Josh
whats your budget?
That's obvious, just an example that come to mind. Genuine Ford RS specific front arms? That's still £300 a pair! I get all my parts from the same person, heavily discounted and trust me some things are still not cheap. Some parts are or were also impossible to get hold of, like certain seals that you can only get with a whole part but thankfully traders have stepped in and had replacements made in almost all these cases.
Expect to pay around £8k for a decent FRS, and up to £10k for a really nice example. Seen a few Cat D's and C's go for £6-£7k. There has been one FRS recently that's sold for £5k, starship mileage and a dent in the rear quarter but FSH and owner moving to Oz so quick sale needed. Prices actually seem to be going up again now, and there are a lot less on the market than there was a year ago. Another two written off last month too.
i sold my 03 plate RS with 28k miles early 2005 for £14.5k (yes lost £5.5k in 18 months) but its good to hear that prices are now starting to rise.