There is only one way I can think of to "create a market" for cars
like this. Whenever one comes up for sale, buy it. If a couple of
you would like to get into a bidding war, that would help too! As
you said, without demand, there really isn't any value. You're not
going to create demand by holding out for high prices. It might help
if a Magnette played a prominent part in a movie or TV show. It has
to be something mainstream and popular though. Maybe you could fit a
flux capacitor, but 88 mph would be challenging without some modifications.
-Steve T.
At 03:23 PM 1/12/2014, Steve Hanegan wrote:
>This is a pretty good looking car! Concours? Show Winner? Probably
>not, but if it drives as well as it looks, it certainly represents a
>good deal for the buyer. You certainly could not build one like this
>for this price, even if you are starting with a good solid car. I
>question whether there is a market that will step in and buy a car
>like this at this price. I am at a loss on how we as Magnette owners
>can create a market for good clean cars like this one. A Mk II Jag
>in this condition would have no problem reaching $30K - $35K at
>auction because of the reputation and mystique of Jaguar, though
>these prices have remained pretty constant over the past 10 years or
>so. Though it lacks the torquey 6 and top notch brakes of the Jag,
>the Magnette is still a very solid car with better than average
>handling characteristics and a very posh and cozy interior. I would
>speculate that having a few more "finished" cars sell, and perhaps,
>sell at one of the more prominent Auctions such as Barret Jackson,
>would increase the public awareness and demand for our cars.
>Without demand, there really isn't any value, and demand can't be
>built on $2K projects.
>
>I am guessing that a few more of us are going to need to sell our
>cars - holding out for prices like this one or higher - before the
>market will come up far enough to make this more of a typical value.
>
>Steve H.
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