The 1987 Sierra Cosworth RS500 set to smash auction records
Regular readers of the Cars and motoring section will have likely noted a story or two about Fast Fords in recent months.
And there’s a good reason why they’re newsworthy – values have shot through the roof in the last few years, especially 1980s Sierra Cosworths, with good examples easily making six-figure auction sale prices.
The 1987 example of the limited-edition Sierra Cosworth RS500 is in immaculate condition, having covered only 5,192 miles in its 36-year life. Silverstone Auctions predicts the eighties icon will sell for £150,000 to £180,000 at the end of February when the hammer drops, which will be a world record sum for the in-demand machines.
Given that the 500 road-going examples of the Cosworth RS500 cost £19,950, the pre-auction estimate is nine times that number.
Even when taking historical inflation into account, that 1987 list price translated to £62,360 in today’s money, as our historic inflation calculator shows.
Should the stunning low-mileage Cossie up for grabs in a few weeks meet its higher estimate, that’s still almost three times its inflation-adjusted original price and a near 190 per cent value increase in three and a half decades.
It will be available at the upcoming Race Retro Show on Saturday 25 February at Stoneleigh Park, Warwickshire.
The original Ford Sierra RS Cosworth was the first Ford to wear the Cosworth badge and was presented to the public at the Geneva Motor Show in March 1985.
Source of data and images: dailymail