....Scot, I don't know all of the reasons why BCs jumped in price back then,
but I do know it was early-mid eighties when I had an eye on parlaying the
Healey I had just bought for $5000 into the purchase of an XKE. It seemed to
me that with their pedigree, performance, exotic styling and relative
scarcity, they were going "cheap" at the time. A really nice 6 cyl example
could be had for $12,000. -No other exoticar could be had anywhere near the
price.
I was just about finished "cleaning up" the Healey for resale, when Car and
Driver published a cover story: "The 10 best Investment Cars" --On the cover,
and #1 on their list, was the XKE. Overnight, the average XKE jumped up to
$45,000. Some went as high as $75,000 not long thereafter.
Needless to say, I still have the (now fully restored) Healey.
David W. Jones
'62 Mk II BT7 tricarb
Cumberland, RI USA
----- Original Message -----
From: scotyp@comcast.net
To: healey list
Sent: Wednesday, December 15, 2004 2:33 PM
Subject: Healey Values
Oh Wise Ones,
Looking through some of my Healey records I was revisiting an old appraisal
that had been done on my car mid 1990 in Seattle.
It states "This type of automobile will appreciate markedly in the near
future as they are now classified as a rare collector's vehicle".
This was done before I owned the car and shortly after it had a "partial
frame off " restoration.
Given the fact that Healeys have appreciated relatively quickly in the past
few years, how many feel they have reattained the level of value they enjoyed
in the crazy market of the very early 90's?
I was also curious about what caused that interesting "spike" in the sports
car market back then?
Scot
'66 BJ8
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