Ok, suppose you wanted to own, I don't know, maybe a Midget? So you go
"In search Of" and find that the general asking price for a good
running, rust free ( I don't mean there is rust but they are not
charging you for it, that would be, free rust) example is $4,000 -
$6,000 depending on condition of interior, suspension, brakes, tires
etc. You know all those little things that once added together =
$2,000. If you can not buy one for less, then what is the value?
WHY IS THIS SO UNBELIEVABLE!! what is that piece-O-garbage Geo metro
convertible going for? I'd sooner drive a midget. I drive Bs presently
but do own a 66 midget and 67 sprite. I have for sale a 61 bugeye which
is not running and needs lots of stuff but I will not sell it for less
than $1700. I consider this a bargain.
There are still some "great buys" out there but it's time we all start
looking at these as "for a limited time only". The used car market is
relative (no I don't mean buying a car from your parents or uncle for a
dollar) to the new car market. I laugh at myself when there is nasty
weather and I say to my wife "I don't want to take my 75 B (maybe worth
$6,000) or my 66 B (maybe $2,500). Let's take your $20,000 Mazda MPV
instead"
I'm doing a restoration on a 79 now that by the time I'm finished I'll
be elated if the sum of the parts and labor come out anything less than
$10,000. Oh yeah I'm lowering, converting, modifying and beefing up the
drivetran but I bought the car for $800, such a deal.
Bottom line/ don't sell these cars short of what they are really worth.
Safety Fast, David Deutsch
|