By then there won't be any gas.
George Richardson
Key Men - Keys for Classics
www.key-men.com
On 4/18/2012 4:11 PM, Joseph Laurito wrote:
> Triumphs had a bump about 20 years ago when every old rust bucket was going
> on a container ship bound for Belgium. Since then, prices have been flat.
> This is a very good thing if you want to buy one .... not so good when you
> want to sell. Stand your ground now and your great-grandchildren can smile
> when the price passes $100K. Of course, by then that will buy you a tank of
> gas.
>
> Joe
>
> -----Original Message-----
> From: triumphs-bounces at autox.team.net
> [mailto:triumphs-bounces at autox.team.net] On Behalf Of William Brewer
> Sent: Wednesday, April 18, 2012 3:12 PM
> To: Triumphs
> Subject: [TR] Classic Car Prices
>
> 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
>
> ** triumphs at autox.team.net **
>
> Donate: http://www.team.net/donate.html
> Archive: http://www.team.net/archive
> Forums: http://www.team.net/forums
> Unsubscribe/Manage: http://autox.team.net/mailman/options/triumphs/gpr at
> key-men.com
|