Auctions are funny. I[ve seen people pay $40K for Messerschmitts, and $100K
for Amphicars. American woodies go for $60 - 80K. The last big price that I
saw for a Traveller was a nice, but not great, one that was for sale at
Chequered Flag, a top end sports and classic shop here in Marina del Rey, CA
that was for sale for $30K and sold for $22K + tax and license. It was also
black and a fresh restoration. Took a while to sell......
The weird thing about auctions is that both the buyer and seller pay 10% so the
guy who bought it actually paid $63,525 to the auction house for the car! The
auction house made almost $12K on the deal!!!!
Auctions are funny ....... Ha, ha, ha.......
And I couldn't get ten grand for my 43K mile Minor convertible that I had owned
for 35 years............
Best,
Rick
-----Original Message-----
>From: Kevin Wayne Williams <kww@gte.net>
>Sent: Aug 19, 2009 5:51 AM
>To: rfeibusch1@earthlink.net
>Cc: morris_motors@yahoogroups.com, morris@autox.team.net
>Subject: Re: [Morris] Follow up - : $50,000 Minor Traveller
>
>Hell, I've got a 60 Pickup: much rarer and more useful. I'll let it go
>for a mere $50K.
>
>Seriously, does anyone have any idea what was so special about this
>Traveller? Or was it just a truly stupid buyer?
>
>KWW
>
>rfeibusch1@earthlink.net wrote:
>> Re: $50,000 Minor Traveller
>>
>> Sold for $57,750!!!
>>
>> Best,
>>
>> Rick
>>
>>
>http://www.rmauctions.com/AuctionResultsSearch.cfm?parentsection=results&AuctionYear=All&From=&To=&LotNum=507&Make=Morris&SortBy=AL&Model=Minor&Sold=All
>> -----------------------------------------------------------------
>>
>> Hey Gang,
>>
>> While doing some appraisal research today I ran across this sharp 1960 Minor
>woody that will be on auction in Monterey. CA this month. Estimated top bid
>is................. $40 to $50K!!!!!!!!!!
>>
>> http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MO09&CarID=r313&fc=0
>>
>> Best,
>>
>> Rick Feibusch
>>
>> Venice, CA
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