Casey
Well put together first effort. I try to be a stickler for spelling
(only because I make so many errors myself<G>) and I did
find a few errors that could have been caught. I want to thank you
for running my two free adverts for information on the HAL
Indy racing engine and my 1912 Buick chassis speedster
(the Friedrickenshaft Special). I've already had a call from a
fellow in California that has a HAL midget engine/car.
Keep up the good work.
Steve
Steve Hammatt
Mount Vernon, WA
-----Original Message-----
From: Casey Annis <drivesafe@earthlink.net>
To: Vintage Race Group <vintage-race@autox.team.net>; DWhitesdJr@aol.com
<DWhitesdJr@aol.com>
Date: Thursday, August 27, 1998 10:31 AM
Subject: Re: Buyer's Guides
>David,
> I caught your recent post about the price guide. While I don't want to
>necessariliy defend the prices listed there are a few points that you might
>want to consider.
>1) With the 3 Lotuses you mentioned there is a very wide range of cars
>available within those models that have different specs, engines or
>configurations, not to mention histories. If you noticed the range of
>prices in the guide from level I to Level III it is very wide +/- $20,000
>on a car that the estimated top is $50,000. This wide range reflects all
>the variations and permutations that may be available.
>2) Also the market is constantly changing, especially when it comes to
>auction prices such as the one you mentioned. Sometimes, someone gets lucky
>and buys a car under value. A good eleven with history for $37,500 is a
>steal!!! I wish I could have bought that!!!!
>
>3) Perhaps the most salient point, is that tracking these prices is a HUGE
>undertaking. On occasion we may very well be high or low on a particular
>model or two. These are meant to be GUIDES. As time progresses and we
>gather more info and data, it is my hope that these will become ever more
>exact.
>
>Thanks for the input
>Casey Annis, Managing Editor
>Vintage Racecar Journal
>
>----------
>> From: DWhitesdJr@aol.com
>> To: MRogers726@aol.com
>> Cc: vintage-race@autox.team.net
>> Subject: Re: new Mag Vintage Racecar--LOOKS GOOD!
>> Date: Wednesday, August 26, 1998 10:28 PM
>>
>> In a message dated 8/26/98 11:16:45 PM Central Daylight Time,
>> MRogers726@aol.com writes:
>>
>> << uniquely, I think, a value guide for these cars. >>
>>
>> The only problem I noticed with the value guide section of Vintage
>Racecar
>> Journal and Market Report is that the market guide is prepared by people
>who
>> have those types of cars for sale. Within the past three months, #1
>condition
>> Lotus Mk IX and 23s have traded for 20% to 50% less than the prices
>listed in
>> the value guides. A nice Lotus Eleven sold at auction for $37,500 yet
>the
>> Market Guide lists its value as $70,000. I suspect the same is true for
>the
>> other Marques. Despite the claim that "prices are based on known selling
>> prices" the prices listed in the Market Guide are closer to "asking" or
>"hoped
>> for" prices than actual selling prices. Let the buyer beware!
>>
>> David Whiteside
>
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