Author Topic: ?Fair price for a 2a Workshop  (Read 7399 times)

Offline Magellan

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?Fair price for a 2a Workshop
« on: February 09, 2013, 04:12:07 PM »
Hello all, just joined, I'm an LR fan and LROCV member and would like to purchase an ex Army Series. I've found a Workshop model and I'd like opinions on what they'd be worth in VGC and low miles.

I guess it might like the proverbial piece of string but any help'd be appreciated

cheers, Daryl
Series III FFR 30-128
No.5 trailer 101-026 (with 100 gal water bladder)

Tommy

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Re: ?Fair price for a 2a Workshop
« Reply #1 on: February 09, 2013, 06:01:24 PM »
Hello Daryl

Not sure if this is the one you are talking about but if you want a fully restored Workshop then this is the vehicle for you :). Currently for sale (negotiable price too) :)

http://remlr.com/forum/index.php?topic=330.0

http://www.gumtree.com.au/s-ad/chester-hill/cars-vans-utes/1965-land-rover-workshop-ex-army-109-series-2a/1013801693

« Last Edit: February 09, 2013, 06:03:37 PM by Tommy »

Offline Magellan

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Re: ?Fair price for a 2a Workshop
« Reply #2 on: February 09, 2013, 08:15:01 PM »
Aye it is. Thinking of flying up and making an offer. Not seen one before and really like the way the canvas folds out to form a shelter.
Cheers
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No.5 trailer 101-026 (with 100 gal water bladder)

Offline juddy

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Re: ?Fair price for a 2a Workshop
« Reply #3 on: February 10, 2013, 10:40:51 PM »
I am going to say this...

Far too much.....................................

Only kidding, thing is series land rovers have and are continuing to go up in price, it was once series ones, now its series 2/2a. If this is fully restored and all the bits there then, I believe its a fair asking price, you may get it down little, but don't take the $$$$$$$$.

Mines probably cost me that already and I reckon i have another 3k to get it to where i want it to be, so 8/9k for one of these is on the money.  Its not about people wanting to be greedy any more, theres lesser condition ones out there if you cant afford this one.

We should be establishing a new up to date guide for these land rovers, and we should try and keep the selling prices on file.  More so to help people when purchasing a new project.
« Last Edit: February 10, 2013, 11:34:17 PM by juddy »
1991 110 Truck Surveillance (RFSV), Winch MC2 *51-656*
2004 Truck, Carryall, Lightweight, Modified Military Special, With Winch, MC2/3 205-301, Haulmark PT1-1.2 *205090* No5 Trailer

Images © 2008-2017 J Burton

Offline Magellan

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Re: ?Fair price for a 2a Workshop
« Reply #4 on: February 10, 2013, 11:10:44 PM »
Yeah thanks for the advice. 'negotiable' is always a good sign!  :) I've heard the canvas can be complicated to set up, is this your experience? As for others out there, I've not seen many old Series of either civ or mil spec for a while. People must be hanging onto them.

I like your idea of a price register, that'd help people like me
Cheers, Daryl
Series III FFR 30-128
No.5 trailer 101-026 (with 100 gal water bladder)

Offline Mick_Marsh

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Re: ?Fair price for a 2a Workshop
« Reply #5 on: February 10, 2013, 11:23:10 PM »
The best vehicle to restore is one that needs little work to restore.
Juddy is right. Quite some years ago I was bidding on his. It was reasonably complete which is a big plus but it required just about everything to be worked on so I'm not surprised it's taking time and money.
Buying one that does not require any work is a bonus. You get to enjoy it straight away.
In the end, you have to decide what is right for you. I can understand why the vendor is asking that price. You have to decide if you are prepared to pay that price.
I've been down that path quite a few times. I've paid too much for some things and picked up some bargains.
REMLR # 310, MVCA # 364, 101 Club # 2188, MHG #101
29-417 101 GS, 30-248 101 Rapier Tractor. 30-238 101
34-597 Crump & Cornish 1 ton Cargo Trailer
RT21 RAAF Track Tactical Trailer, 234-671 RAAF Track Tactical Trailer

Offline juddy

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Re: ?Fair price for a 2a Workshop
« Reply #6 on: February 10, 2013, 11:44:41 PM »
Well said Mick.

Its a hard one, but fully restored at $$$$$$ or $$ and do it yourself is one of those very hard things to decided. 

If you want something to use straight away then go for a restored one, if you have all the time in the world then buy a project vehicle.  I have loved working on our workshop, but its cost me alot of money, and it did need money spending on it, so the $2000 I made for it was a fair price, as I have now sent over 7k on it.

where you say all that money, well, tyres, canvas, parts, paint, not including may time, the list goes on. theres $2000 of canvas on the truck.

So makes this one a good price.


My next one will be a nearly there one or fully restored one.

1991 110 Truck Surveillance (RFSV), Winch MC2 *51-656*
2004 Truck, Carryall, Lightweight, Modified Military Special, With Winch, MC2/3 205-301, Haulmark PT1-1.2 *205090* No5 Trailer

Images © 2008-2017 J Burton

Offline Carzee

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Re: ?Fair price for a 2a Workshop
« Reply #7 on: February 11, 2013, 08:09:15 AM »
I think the price of that Wshop is cheap.

:)

Here's why. I pay 440 a week rent, 400 a week PAYE tax. Then there's GST on a per year basis... I pay 1090 for falcon rego this year in the ACT. I paid 2740 last year for the 4 elec bills at the house and I had the kids turning off stuff as they used things using threats of GBH. I pay towards 100 just to fill up the falcon fuel tank. Mechanics charge 105 an hour.

I'd say those numbers are average. I'm a normal mug and I pay normal bills...

... except for one hobby: I have several guitars, factory made, and they cost over 2000 ea. Everyday guitars. Special hand made ones cost 4500 (got one on order right now). And then there's amps and speakers... a school excursion last year cost 2600.

What I'm saying is that relative to other vices, ex-mil Landys are cheap.

 If you want a comparison, check out what restored WW2 jeeps sell for...
« Last Edit: February 11, 2013, 08:25:44 AM by Carzee »

Offline juddy

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Re: ?Fair price for a 2a Workshop
« Reply #8 on: February 11, 2013, 08:19:47 AM »
Yes compared to Jeeps, there very good value, at least jeep prices have levelled off a bit, and theres a lot of them out there..

And theres more jeeps than workshops..
1991 110 Truck Surveillance (RFSV), Winch MC2 *51-656*
2004 Truck, Carryall, Lightweight, Modified Military Special, With Winch, MC2/3 205-301, Haulmark PT1-1.2 *205090* No5 Trailer

Images © 2008-2017 J Burton

Offline pop058

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Re: ?Fair price for a 2a Workshop
« Reply #9 on: February 11, 2013, 06:51:10 PM »
I think it is a reasonable price for a dam nice vehicle.  I have a (couple  of  ;D) workshops, one of which is on full rego and is basically a daily driver. It has an in-service hardtop fitted (so NO canvas),it needs a strip/paint and by now the rubber bits (bushes, seals, etc. not tyres) may need a look at and if I (and I am not) was to sell this one, I think somewhere between 4 & 5 would be fair for it.

If I had the $$ (and SWMBO would let me  ;)) it would be Jack Daniels at my place by now
some 2A & S3 workshops and trailers
2A GS

Offline zulu delta 534

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Re: ?Fair price for a 2a Workshop
« Reply #10 on: February 12, 2013, 11:23:53 AM »
In my lowly opinion, any good (and I reiterate the word "good") S2a is worth around $10-11k. That price is for a guideline price for a vehicle in "mickey mouse" mechanical condition and of a similar standard of presentation. Of course the "rarity" factor could influence your figure to some extent but not by too much. (eg. Most 88s are reasonably rare compared to the much more common 109 GS- then of course there are the more specialised versions such as gunbuggies, ambos., wksps, FFRs, etc.)
For this money I would expect a fully rebuilt, restored and well presented vehicle that is registered, (or in the case of Hysterical rego,- register-able) historically correct, on an "as new" rust free firewall and chassis, and that I could confidently park in the garage or drive anywhere without putting as much as a screwdriver to it.
Taking this base figure, and in the case where the vehicle is not as previously described and will require work to bring it up to this standard,  it is then up to the purchaser to accurately calculate how much it is going to cost to bring it up to the required standard and start deducting that calculated amount from the original figure.
As a guide, when I  resurrected Onslow I kept every receipt for every part I purchased  including stupid little items like masking tape, electrical joiners and other trivial parts as well as any major outsourced jobs. Onslow came straight from the military apart from 1 previous owner who didn't touch him at all in the time he had him) These receipts added up to just in excess of $11000.
I am very happy with that figure as I have ended up with a pretty rare vehicle type (and one that holds a lot of personal nostalgic historic value for me ) and a second hand vehicle that boasts basically; a) rebuilt engine, b) rebuilt gearbox and Tfr case, c) completely stripped down and rebuilt body, d) complete new clutch and brake system.....and the list goes on.
The enclosed picture shows Onslow when I brought him home and also on a later Anzac Day appearance, and on the lower level, Daisy as I bought her and at the same Anzac Day march.

Daisy was dearer to buy initially than Onslow but cheaper to restore,  with the combined total adding up very close to the $11000 mark strangely.
My Series one was a bit sad when I purchased it for around $1000, but today she is re registered with a completely refurbished engine, gearbox and transfer case, a nice new paint job and some (not all) of the lifetime of accumulated character marks prettied up, new glass, gauges and mirrors: and guess what?
The tallied receipts add up to just in excess of.......$11000.


If you want it, its worth what you are prepared to pay for it.
Regards
Glen
 

Offline Vixen

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Re: ?Fair price for a 2a Workshop
« Reply #11 on: February 13, 2013, 04:54:53 PM »
and added to the receipts is the time that you put in. The actual manhours that you don't ever claim.......add that lot into the equation and you can bet the total is way more  ;)

Offline juddy

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Re: ?Fair price for a 2a Workshop
« Reply #12 on: February 13, 2013, 06:47:53 PM »
Buying restored is always cheaper than doing it yourself.
1991 110 Truck Surveillance (RFSV), Winch MC2 *51-656*
2004 Truck, Carryall, Lightweight, Modified Military Special, With Winch, MC2/3 205-301, Haulmark PT1-1.2 *205090* No5 Trailer

Images © 2008-2017 J Burton

Offline Vixen

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Re: ?Fair price for a 2a Workshop
« Reply #13 on: February 13, 2013, 07:18:40 PM »
Buying restored is always cheaper than doing it yourself.

and a hell of a lot easier  ;D

Offline Magellan

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Re: ?Fair price for a 2a Workshop
« Reply #14 on: February 13, 2013, 10:57:58 PM »
Well gentlemen, thankyou v.much for considered opinions, you've given me some food for thought. Having recently recovered from a 14 yr restoration of a '62 Triumph Vitesse I can attest to the trials and tribulations of such a project. No doubt a Series' resto would be little different. I have no desire to go down that path again (like building a house, everyone should do it at least once and I'm about to do that again!).

My aim in purchasing a Series is to cross the Simpson later this year with the Club. The Series register in LROCV are quite active and have lots of fun and adventures...not quite the same trip in a Discovery 2. I also appreciate the pedigree associated with EMLRs.

Advice to date concerning the canvas back is that it's complicated to erect. Is that the case or just a familiarisation thing?

Cheers and thankyou again, Daryl
Series III FFR 30-128
No.5 trailer 101-026 (with 100 gal water bladder)