Well, there are a lot of people (ours friends) out there who make a
living restoring and servicing our cars.
How long are they going to stay in business when it cost 2-3 times
what a car is selling for to restore it. Are people going to buy parts
to keep their cars up when the values just keeps dropping? What
happens to our parts suppliers then. Do we end up with just cheaper
parts?
I hope it is a temporary situation, this year, because it could affect
us all long term.
Randy
Randy Hicks
'56 100M
'55 BN1 Dealer LeMans
'62 BN7 MkII
'65 BJ8
'53 MGTD
Healey100M@gmail.com
On Oct 3, 2009, at 10:13 PM, Ron Davies wrote:
> Yes, but to be honest, does it really matter what they are selling
> for this
> year?
> Most of us bought, restored and/or refurbished our cars and are now
> caretakers that didn't do it to make any money from it. Just as one
> should
> buy and enjoy their home without considering it an "investment",
> most of us
> are just "invested" in the fun they bring us when we drive them.
> Just MHO. I'm sure you feel the same.
> Ron O. Davies
> 67 BJ8
> Laguna Hills, CA
> 80degrees and CAVU today for my car show!
> -----------------------------------------------
> I think there has been somewhat of a delayed reaction to the economy
> in the
> collector car world, prices were holding up pretty well still last
> winter,
> but as more people are selling cars and presumably less money to buy
> them I
> think prices in general have been dropping fairly significantly the
> last few
>
> months.
>
> No scientific research, just too much time spent on e-bay, collector
> car
> magazines, the list, etc.
>
> Greg Lemon
> ______________
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