[Healeys] Market

[I Erbs]

The Steve Mcqueen or Shelby connection I can see, but the add on for the M
just seems out of line....I'm happy our cars are in demand, but it just
seems odd that that model should have such a premium.
cheers

Ira Erbs
Portland, OR
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On Mon, Sep 30, 2013 at 10:50 AM, Curtis Arndt <cnaarndt at gmail.com> wrote:

> One other point about perceived value... say the car was owned or driven
> by Steve McQueen and the price will double!
>
>
>
> On Mon, Sep 30, 2013 at 10:46 AM, Curtis Arndt <cnaarndt at gmail.com> wrote:
>
>> Derek,
>>
>> Not a fair analysis since it's the provenience of the documented Factory
>> 100M that commands that much money.
>>
>> Even a BN1 converted by DHMC  at Warwick to Le Mans specifications will
>> not bring nearly as much as a factory documented BN2 with exactly the same
>> modifications.  Now that's what doesn't make any sense at all.
>>
>> And of course a "Plain Jane" BN1/2 modified to Le Mans specs typically
>> brings slightly more money but not a lot more. That being said, it's
>> typically more than the cost of the mod, so it can be worth the investment.
>>
>> Plus it's Monterey car week and an auction.  This is the biggest and
>> richest classic car event in the world. This is why folks bring their car
>> their to sell... to hit a home run.
>>
>> Finally buy a basket case 100M and it will cost you north of $50K and
>> then take it to any reputable restorer and have it restored to near
>> Concours standards and in the end you will have $200K or more invested
>>
>> I go to both the Monterey, CA and the Scottsdale, AZ auctions every year
>> and have been doing so for a decade.  There are plenty of $150 -$200K cars
>> that I wouldn't give you a plug nickel for, but others see their value and
>> collectability.
>>
>> Cheers,
>>
>> Curt
>>
>>
>> On Mon, Sep 30, 2013 at 10:26 AM, Derek <derek.c.job at gmail.com> wrote:
>>
>>> About 130,000 dollars does seem rather a lot for a cold air box, louvred
>>> bonnet and high comp pistons
>>>
>>> Derek