Nope, not a typo. Sixty thousand British Pounds was paid at Silverstone auctions for this series 1 Ford Escort RS Turbo this week. Now, we’re not averse to paying firm prices for a decent classic car, and something is worth what someone else is prepared to pay, but this really isn’t a decent classic car to us MotorPunks. Here are some pics;

Before frothing Ford fans fill our inbox with an angry defence of this most wildly over-priced example of their marque, lets consider what usually makes an old car into a classic, one worth paying £60k for. Things such as; Motorsport success (the MKIII Escort has barely any), technical innovation (it has a turbo but it’s otherwise utterly normal), exclusivity (nope), outstanding performance (it was quick enough for it’s time, I suppose), styling (it’s a mass-produced hatchback with go-faster bolt-ons), celebrity appeal (Lady Diana owned one, pfft), an iconic engine (CVH!), handling (FWD, as standard they were OK, no 205Gti though) and reliability (watch it rot).  It’s nice enough but, £60k? Really?! OK, so this particular example is old, clean and original – but so is my Granny.

ford rs turbo near some bins in the eighties

We MotorPunks grew up in the ’80s. We get the appeal of owning modern classics, “car club 18-30” kinda cars, and we can even understand why you might pay a little over the odds for something that stirs some daft teenage nostalgia (see above for some of that) – but sixty grand for this is surely fifty-five too far. It’s over the twice the price of this immaculate Sierra Cosworth, for flip’s sake! This price isn’t an isolated case of lunacy from a single ‘money no object’ collector at auction, either, there were eighteen people bidding on this car until the hammer fell.

Can anyone explain the appeal to us?

Pics and info from here. 

12 Responses

  1. Daz Smith

    I agree, but you’re still gonna be found murdered to death in a Dagenham lay-by. “The only clue Police have is the thick cloud of blue smoke left by the suspects”

    Reply
    • Kev

      Were the auctioneers giving out free drugs to the bidders before and during the auction?

      Reply
  2. Tim Lloyd

    Pure speculation, I reckon. As ‘classic’ Ford prices continue to climb, someone’s probably taking a (very) long view on this.

    What would be funny however, is if this was a confused overseas bidder thinking they’d bought a mk1 Escort.

    Reply
    • Ted Andrews

      Lads,its fine you don’t get it, and can’t join us
      hard working collectors buying cars at this level.
      But don’t worry there are loads of uber cool Allegro’s and
      and Austin Princesses under 5k out there for you guys.

      Reply
      • Rich Duisberg
        Rich Duisberg

        Hard working? We hate hard work. And overpriced cars.

  3. Tipex

    As already mentioned, I think there is a bit of speculation going on here and I can see why, look at earlier Escorts, how many can you find? Mk1 & 2’s are very rare and command silly prices, simply because there are none left, even ones that aren’t Mexicos go for big money, the mk3 is the next logical step and the S1 RS Turbo is considered the daddy of the mk3, they are also getting increasingly rare these days, sadly this one willprobably never see a public road again, it’ll sit in an air conditioned garage until some time in the future when someone with more money than sense decides they want to own it.

    Reply
    • Rich Duisberg
      Rich Duisberg

      What we don’t understand, though, is the appeal of the car. The mk1 and 2 had rally credentials, RWD, and retro looks. What makes this model “£60k special?”

      Reply
      • Tipex

        I’m not sure it is £60k special, as you say, it has no stand out feature, but while not as retro as a mk1 or 2, it is still retro. We are the generation that would love to have owned one when we were 17 but could not afford it, now we’re at an age when our mortgages are all but paid off and we have some disposable income, we want to relive our youth, for my generation the mk3 holds more appeal than a mk1 surprisingly, simply because I couldn’t have one back then, being pretty rare now if you want one, you’re going to have to pay for it, think of it as a £60k mid life crisis rather than a £60k Escort.

  4. Brian

    60k is ridiculous…but 20k all day long. Mk2 escorts rare??? Hardly…..mass produced worldwide…..series one rs turbo really rare….just remind me of working as a petrol pump attendant and hearing that fuel pump buzz. Colour ai t nothing special but when in sun over that bodykit….beautiful. lots could be said about certain cars commanding huge figures because owners believe they are iconic/historic….but do they ever sell?? Differnt strokes for different folks. Whatever you are into is your personal choice

    Reply
  5. Dom

    “but this really isn’t a decent classic car to us MotorPunks”

    One of the most iconic cars of the 80s
    First edition (Mk3)
    Very low mileage
    Incredible condition
    Nostalgic appeal to millions of people
    First FWD production car to be fitted with a Limited Slip Diff

    I’m not even a Ford fan but not difficult to see the appeal of this car.

    Reply
    • Rich Duisberg
      Rich Duisberg

      Each to their own, and all that, but look at that price again and see what else it gets you.

      Reply

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