Safest place to park a SORN car long term worry free?

parking_question_chap

It is not going to be worth £50,000 in 15 years time. It just was not desirable or rare enough to begin with.

Sierra Sapphire Cosworths are being listed for about £20,000 - £30,000 right now, and they are both more desirable and rarer than a ST220. Consider that those prices are not going to be the prices the cars eventually sell for.

Your car might increase in value a bit, but probably not as much as it costs to store the thing safely.

benbay001

I pity the poor sod who tries to get a 35 year old £50k mondeo running. Especially one that hasnt run for 15 years. Wow
Edit: the only reason old Fords are worth so much is because 99% of them went to the scrap yards due to rust. The escorts thats sell for £50k will have been kept in a garage and polished weekly with no expense spared.

Takmon

bery_451 wrote: »

Park it on the road next to moving traffic :eek:
Plus I can't afford insurance on the ST220 and all these expenses mentioned in this thread.

If your that hard up for cash then just sell the car now and get atleast some money for it rather than letting it rot somewhere for 15 years.

VWPolecat

I have had a few classics over the years and I had a few rules .Dehumidifier in the garage, dont run on the road Nov - March due to salt. Never take out when raining or likely to rain. Battery on trickle charge during the winter. Don't store within 5 miles of the sea or in the North West of the UK

onwards&upwards

If you have a car currently parked on the road not taxed, insured or MOTd, then you have an urgent problem you need to deal with as you are breaking the law.

If you can’t afford the insurance, and you don’t have a garage or drive to store it, you’ll need to sell it ASAP.

Jackmydad

Park it outside for a year, let alone 15 or 20, without regular use, and it'll be a rusty pile of non-running scrap.

Nobbie1967

I left a Mk1 Golf 1.8 GTI in an RAF base car park where I used to work about 15 years ago. It was scrapped within 3 years. I hate to think what state it would have been in by now, but would probably only be worth scrap value.

Sell it now while it's worth something.

bery_451

Okay took everyone advice and listed it for sale. Already got a quick cash offer of £2000 for it, tomorrow collection so yeah I will sell it.

However if this car turns out to be a around £50k investment return in 15 years time then I will come back here and murder all of you that said 'sell now' lol

Before I leave this thread and put it on the watch list please clarify the following generally speaking:

They must be parked off the road, as defined by the Road Traffic Act. That includes the requirement for the road to be maintained at public expense. However, if it's on private land, it must be parked with the landowner's agreement. The landowner clearly agrees for their tenants to park their own vehicles there - whether road-legal or not - but they may change that at some point in the future. You are not their tenant, so you cannot rely on having their tacit approval.

Council tenants public car parks at high tower block flats with no signs or permits there is a land that is maintained by the public expense? Even though its off road legally correct?

Car_54

bery_451 wrote: »

Okay took everyone advice and listed it for sale. Already got a quick cash offer of £2000 for it, tomorrow collection so yeah I will sell it.

However if this car turns out to be a around £50k investment return in 15 years time then I will come back here and murder all of you that said 'sell now' lol

Before I leave this thread and put it on the watch list please clarify the following generally speaking:

They must be parked off the road, as defined by the Road Traffic Act. That includes the requirement for the road to be maintained at public expense. However, if it's on private land, it must be parked with the landowner's agreement. The landowner clearly agrees for their tenants to park their own vehicles there - whether road-legal or not - but they may change that at some point in the future. You are not their tenant, so you cannot rely on having their tacit approval.

Council tenants public car parks at high tower block flats with no signs or permits there is a land that is maintained by the public expense? Even though its off road legally correct?

Vehicle Excise and Registration Act (not Road Traffic Act) requires tax if the vehicle is on a road maintained a t public expense. A car park is not a road, so who maintains it is probably irrelevant.
However ..... a vehicle must be insured if it’s on a road or public place. A car park with no barriers is almost certainly a public place, whoever maintains it.

Rover_Driver

It is not the Road Traffic Act that is relevant, it is the Vehicles Excise and Registration Act 1994.
Section 29(2B) is the licensing exemption for a vehicle that is subject of a SORN.
Section 62 has the definition of a 'Public Road'.




'A car park is not a road' - Clarke and others v Kato, Smith and others, House of Lords 1988.