Last post on Sep 28, 2012 at 6:48 PM
You are in the Classic Cars
What is this discussion about?
#275 of 314 Re: The Weak Dollar and Classic Car Prices. [Mr_Shiftright]
Oct 07, 2009 (7:14 pm)
Yeah, if you drove around a major European city in a 59 Caddy convertible, you'd get more attention than in a Lamborghini.
The last Dutch used car periodical I had was full of surprising things - big old 70s GM sedans, Chrysler Cordobas, whale Thunderbirds, 70s wagons.
#276 of 314 Re: We got back all the Ferraris that went to Japan though
Oct 08, 2009 (12:38 am)
I can think of possible reasons for this, but why did this happen?
There's an old but still interesting article online about the Ferrari market roller coaster ride back in the 80's. "When Japan Ruled the World"
Here's a GTO that sold to Japan for $13.3 million plus commission in 1989. Five years later it sold to an American for $3.5 million:
#277 of 314 Re: We got back all the Ferraris that went to Japan though [omarman]
by MrShift@Edmunds HOST
Oct 08, 2009 (8:07 am)
ouch! And now it's back up over $10 million again (presuming it's a correct car). Sky's the limit on those babies. There are only so many to go around, even if you HAVE more money than God---you can't have one unless you raise your bid....up and up to ????
Even at those rarified heights---it's still the supply and demand formula setting the price.
#278 of 314 Re: Carlisle observations.. [parm]
Oct 08, 2009 (8:24 am)
A '64 Olds 98 convertible? A nice one? Hey, now you're talking my speed. Anyone snap any photos of it?
Yeah, it was in very nice condition. It was dark metallic green. Hard to tell the exact color as it was under the pavilion in the shade, but I'd say it was a bit more "forest", as opposed to "olive". I think I took a picture of it. I'll let you know when I get the pics off the camera and post them. I've been really lazy about that this year.
I think all this improved technology helps breed laziness. I remember not that long ago, the camera I used could only hold something like 150-200 pictures on one memory card, so I had to clear it off occasionally to make room for more. Well, the camera I use now holds over 1000, depending on the resolution. So, there's not as much hurry to clear 'em off.
#279 of 314 Re: Carlisle observations.. [andre1969]
Oct 08, 2009 (10:45 am)
Heck, that car pales to the drop-dead gorgeous 1970 Cadillac Sedan DeVille that was there earlier! If that car had been a 1969 model, I'd have gone for it!!!
#280 of 314 Re: Carlisle observations.. [andre1969]
Oct 09, 2009 (8:59 am)
Would love to see the photos for that '64 Olds 98 convertible, but don't sweat it if it doesnt' work out. Holy cow, for $35K it better be the best one on the planet. Does anyone know if it sold, or did the owner take it back home with him?
#281 of 314 Re: Carlisle observations.. [parm]
Oct 09, 2009 (9:01 am)
Does anyone know if it sold, or did the owner take it back home with him?
Well we were only there for the day on Saturday, but it was still there that evening when we left. I have a feeling that it didn't sell. I'm going back up there for Hershey tomorrow, so who knows...maybe it'll be there?
#283 of 314 Dow @ 12,950 and S& P 500 @ 1,361 Up Smartly
Feb 18, 2012 (7:38 am)
Both major domestic equity indices have posted strong recoveries from their '09 lows. Shifty, or anyone who follows prices, can you give us an update on classic and collector cars, including the more affordable ones that middle class enthusiasts can afford? Thanks in advance.
#284 of 314 Re: Dow @ 12,950 and S& P 500 @ 1,361 Up Smartly [hpmctorque]
by MrShift@Edmunds HOST
Feb 18, 2012 (8:50 am)
Well in the "affordable" range, I'm seeing more interest in clean mid-70s domestic coupes (pre-downsizing I'd guess you'd say), and in full-size wagons if they are more luxury/highline models.
Sporty 80s/90s cars like Mazda RX-7 and Toyota MR2 are still dirt, dirt cheap, and for lovers of old British stuff, the Spitfire and MG Midget give you traditional British good looks and summer fun for under $5,000 bucks.
Many of the late 70s corvettes are still unloved, and the early C4s are well under $10K for very decent performance (in the C4) and excellent handling. Build quality? Not so great.
For German car lovers, BMW 2002s are still affordable, especially the heavier-bumpered 74-76 models. Their successor, the BMW 320i, can be had almost for free these days.
I never thought I'd see the day, but the porky 71-73 Mustangs, which nobody used to like, are being pulled up to respectable numbers by the demand for the earlier Mustang models. The 71-73 Mach 1s with the smaller engines, like say a 351, could be had well under $20K for a decent one.
you can even get a decent buy on a 60s Camaro if you're willing to go for a 6 cylinder automatic, which are only purchased these days as donor cars for a big block project.
Alfa Romeos are getting very pricey, but a mid-80s Spider is still a bargain at around $6K, or a good looking Fiat 124 at $4K (except for the fuelie turbo model). The lovely GTV coupes are pushing past $20K and higher, so we won't see any bargains there anymore.
The "high end" cars, $75,000 and up, seem to be doing very well these days.
Hotrods, clones, kit Cobras, unfinished project cars---all still bargains right now.
Postwar (WW II) 4-doors are still affordable if you want a 40s or 50s car.