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[TR] Classic Car Prices

Subject: [TR] Classic Car Prices
From: wsb1960tr3a at att.net (William Brewer)
Date: Wed, 18 Apr 2012 12:11:32 -0700 (PDT)
     Is it just me or have classic car prices peaked again? It seems like 2 or 
3 
years ago I posted something to the list about how some Morgans had become 
available for under $10,000 and some Lotus Elan +2 driver's were dipping under 
$10K again. Now looking at bringatrailer.com or the Hemmings E-newletter I am 
shocked and dismayed by the asking prices of barn finds and restoration 
projects. Italian cars seem to be especially hyped. Morris Minor Travelers 
(little woody wagons) seem to be heading towards $20K for good ones. Porsche 
356's are ridiculous as are earlier 911's. Even old VW bugs seem to be going 
up. 
Maybe it is just inflation.
     I recently looked at a series 2 Jaguar E-type coupe for $10K. It had been 
rear-ended and poorly repaired (the whole shell was tweaked) and I passed.
     It seems to me that a TR3 or MGB is still the most bang for the buck out 
there.
     FWIW - miscellaneous ramblings from my desk at work.

     Bill in Tehachapi

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