Oy! I would love nothing more than to have the money and space to buy a gaggle
of Magnettes at what they are worth! Unfortunately... I have a son in College
who plays the cello and a wife who doesn't care much for cars... (she drives a
Prius)
Although you are right on the money when you note that sales drive prices! Flux
capacitor indeed... I have a friend who has an MGB with a V8 who mounted an oil
cooler right under the back bumper... calls it alternatively a diff cooler and
a vortex minimizer... draws an AMAZING amount of questions and interest... I
should say that he used to make his living selling AC stuff, so is well known
to be full of.... ummm.... frijoles :-)
Steve H.
On Jan 12, 2014, at 1:31 PM, Steven Trovato <strovato@optonline.net> wrote:
> 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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