Can't resist a comment on two on a subject that I have followed for a long
time.
-- I think that the high prices achieved by a few Healeys in auctions in
recent years have given a somewhat misleading impression that the prices for
all Healeys are rising significantly. Of course, some of this notion
becomes a self-fulfilling truth, and in fact prices do seem to be rising.
-- However, my observation has been a limited upward trend; not a big jump,
and not a tide that has raised all "boats" (the prices of all Healeys).
-- The proliferation of auctions that include Austin-Healeys has (a)
attracted an affluent group that was not previously "into Healeys" and (b)
it has attracted media attention that has raised interest and expectations,
if not actual values.
-- There has recently been an increasingly sharp differentiation in the
prices achieved for the really, really good cars and the so-so cars. Those
high-dollar restorations ARE realizing their investment and more. This is
relatively new as a widespread phenomenon in Austin-Healeys.
-- I would caution against generalizing a few spectacular auction results to
the entire market.
But I may be wrong and I always appreciate learning of others' experiences
and market observations. Please have a look at the prices listed in the
Austin-Healey Buyer's Price Guide (I'm the author/editor) and let me know
what you think:
http://www.healey.org/buyers-price-guide.shtml
Reid Trummel
Portland, Oregon
100, 100M, Ski-Master
>From: scotyp@comcast.net
>Reply-To: scotyp@comcast.net
>To: healeys@Autox.Team.Net (healey list)
>Subject: Healey Values
>Date: Wed, 15 Dec 2004 19:33:59 +0000
>
>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
_________________________________________________________________
Express yourself instantly with MSN Messenger! Download today - it's FREE!
http://messenger.msn.click-url.com/go/onm00200471ave/direct/01/
|