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Re: Found One!! - LBC value

To: "Huw Upshall" <hupshall@wolfenet.com>
Subject: Re: Found One!! - LBC value
From: "Peter S." <alfapete@pacbell.net>
Date: Sun, 27 Jun 1999 23:49:40 -0700
You've called Spits LBC's but not all LBC's are Spit.  My point is that is
all depends on what LBC we're talking about.  Spits are pretty cheap I think
and have been for some time.  A very nice one rarely goes over $4000 so I've
seen.  Mini's or Mini-Coopers on the other hand have appreciated a lot over
just the last couple years.  A rust heap of nothing is $4500 and a decent
driver is $8000.  I've never seen a $8000 Spit in any condition.
Peter s

----- Original Message -----
From: Huw Upshall <hupshall@wolfenet.com>
To: Mark Gardner <mrgrdnr@ix.netcom.com>; Chris DeStaffany
<sjmeds@rockisland.com>
Cc: <spitfires@autox.team.net>
Sent: Sunday, June 27, 1999 11:00 PM
Subject: Re: Found One!!


>
> This brings up a very good question, How much is a spitfire worth?  Ahh,
> Well, I am almost finished with my restoration and should be able to drive
> the sucker next week.  BUT, on my way to get some fastners, I drove by a
> '74 spitfire that was for sale on the side of the road and of course, I
had
> to stop and look :).  Rust all around the windscreen, rust bubbles all
> around on the body, bad corrosion where the break fluid had leaked out of
> the master cylinder, very dirty engine compartment.  Top was torn in a few
> places, interior seats definitely needed recovering.  Everything was there
> but very well used.  The guy was asking $3800 and I laughed all the way
> back to my car.  In my opinion, the blue book on LBC's is pretty much
> becoming useless.  Either people restore them and they have way more money
> invested in the car than they could possibly get out of it, OR, they owner
> has a highly inflated idea of what a well used LBC is worth.
>
> Comments? (as I duck)
>
>
> At 09:33 AM 6/26/99 -0700, Mark Gardner wrote:
> >
> >Chris DeStaffany wrote:
> >>
> >> How much?
> >More than I wanted to pay...$3700 (down from $4500 asking).  When I
> >started looking I was hoping to pay about 2.  But 15 cars later I
> >realized that at least in Southern California I'd probably be waiting a
> >long time to find a car I wanted at $2K.
> >
> >Mark Gardner
> >
> >
> --------------------------------------------------------------------------
--
>  Huw Upshall                      Email:
>                                         @home: hupshall@wolfenet.com
>                                         @work: hupshall@microsoft.com
>                                   http:
>                                         @home: www.wolfenet.com/~hupshall
>
>  'Misspelled?  Impossible!  My modem is Error-Correcting!'
> --------------------------------------------------------------------------
--
>


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