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How Much

Discussion in 'Diesel & Electric Traction' started by snakeeyes, Mar 17, 2011.

  1. snakeeyes

    snakeeyes New Member

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    I have an urge to buy a loco, whats the going rate for a 56, any ideas please?
     
    snakeeyes, Mar 17, 2011
    #1
  2. Coboman

    Coboman Member

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    well scrap steel is £175 a tonne atm, you've also got several tonnes of copper in there at £4400 a tonne, so the scrap price is going to be approx £32 grand. If its a runner, then its going to be more than that...
     
    Coboman, Mar 17, 2011
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  3. markb846

    markb846 New Member

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    I understand Booths quoted £14,500 for a class 47. However this is likely to be fraction of the cost of getting it running. Anything that is going for under about £50,000 is likely to be heaverly stripped, and may beyond repair.
     
    markb846, Mar 17, 2011
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  4. The Decapod

    The Decapod New Member

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    You'd probably need to form a group of like-minded individuals to share costs and work together on the restoration!
     
    The Decapod, Mar 18, 2011
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  5. Edward

    Edward Member

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    Think 10 k transport costs, and several times the purchase price to get it into decent nick!
    Then you've got to find a home for it. Many lines have got the "full" signs out, and a air brake only loco isn't a whole lot of use. (Sadly, as I have a soft spot for the things as well).
     
    Edward, Mar 18, 2011
    #5

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