I am still here just still doing research about the car. We never drove it that much as we wanted to keep the car as it was, a collector. I originally owned a 1994 mark 8, had only 22000 miles on it when it was announced that 1998 would be the last year for them. So I bought the car for my wife knowing we would not be using it as an everyday driver but as something that would hold it's value or increase in value as time went by. However, my wife has grown tired of walking by the car on her way out the garage. She would rather see if she could sell the car to someone who would appreciate it by using it rather than letting it get hardly no use at all.As far as how much she wants,that is something we are trying to get a grasp on. We know the car isn't going to fetch a enormous amount of profit above its purchase price,but I think she is probably looking to break even. And as I stated in the first post,this car is a new car.I've heard all kinds of numbers as I've researched this car, some promising as well as those that are just smoke and mirrors.However, if some number came along that appeased her, She would definitely let it go. She has the seven ingots still in the original cardboard box they came in as well as the air bag safety tags that were on the directional and the glove box. Like I said, it's a new car. Thanks to all those that have replied.
1998 lsc collector's edition
- Thread starter CELSC40
- Start date
Kevin McManis
New member
I am assuming this car has almost no miles on it. Nonetheless, except to us nuts who cherish these cars, they have no real value. Maybe someday they will be a classic but for now they are little more than a less than sought after used car. People's taste shifted to SUVs and trucks and the 2 door luxury coupe fell by the wayside. I would assume you could probably get $12,000 for it but to get what you paid for it new would be unikely today. Possibly when these are true collectors cars you will have a gold mine but for now you have a very low mile, clean used car. While many on this board would cherish such a machine, we are all aware of the market and few will probably overpay for such a vehicle.
Best of luck selling this and whomever gets it will have one our dream cars!
Best of luck selling this and whomever gets it will have one our dream cars!
I'm going to Chime in on this one. We used to have a member named Sandy Block. He was a car nut, he kept the original floor mats in their original packaging and stored them over the life of the car. He owned his (absolutely) 98 CE until 2003 or so I believe. At that time he put about 15k easy miles on the car. And I MEAN EASY (He never even used a towel to dry his car in fears of damaging his paint)! He sold it two years ago for around 20k. Since then prices have come down and the Mark is no where NEAR collector’s value as of now. So if you want to sell it now, you will MOST likely take a loss. I don't know who in their right mind would pay 45k for a 7 year old car, NO it is NOT a NEW car no matter how you stored it etc, the fluids/parts on the car do age even if the car is not driven (thats part of the reason you have to change the oil every 3k miles or every 6 months). I would honestly estimate someone paying you around 25k tops. If you want more money keep it in storage for another 10 years. And due to inflation you will probably break even.
driller
El Presidente
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What ever happened to Sandy Block? I remember him when I forst joined the club along time ago? Anyone know
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Since he sold his Mark VIII and bought a Town Car I run into him @ http://www.lincolntowncar.org/cgi-bin/ib/ikonboard.cgi on occasion.
What ever happened to Sandy Block? I remember him when I forst joined the club along time ago? Anyone know
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Since he sold his Mark VIII and bought a Town Car I run into him @ http://www.lincolntowncar.org/cgi-bin/ib/ikonboard.cgi on occasion.
Not to rain on anyone's parade, but when the new generation Tbirds came out, my local Ford dealer took the first one he got to his home and only drove it in parades etc. Other Ford dealers had waiting lists, and offered him $10K over his invoiced cost for it and he turned them down - a chance to make about 30% practically overnight. Now he will probably have to wait 20 years to get the price they offered.
Granted, at a vintage car auction I heard the auctioneer say about an extremely low mile late model car that it was the ones like this that were going to bring the big bucks some day. But unless you're talking about Ferraris, Ford GTs, or other exotics, most cars regardless of price depreciate to their nadir in about 10-15 years, then start increasing but to get back to their original value counting inflation in constant dollars takes about twice that long. And no matter how carefully they are stored, rubber, leather, paint and plastic deteriorate. As proof, see what a low-mileage 10 year old 7 series BMW, S class Benz, or even a Corvette brings today.
Granted, at a vintage car auction I heard the auctioneer say about an extremely low mile late model car that it was the ones like this that were going to bring the big bucks some day. But unless you're talking about Ferraris, Ford GTs, or other exotics, most cars regardless of price depreciate to their nadir in about 10-15 years, then start increasing but to get back to their original value counting inflation in constant dollars takes about twice that long. And no matter how carefully they are stored, rubber, leather, paint and plastic deteriorate. As proof, see what a low-mileage 10 year old 7 series BMW, S class Benz, or even a Corvette brings today.