[Healeys] [OT] Collector Car 'Hobby'

[HealeyRick]

To some degree, the high-dollar auctions reflect the Healey market in
general.  I've taken on the duties of "Auction Reporter" for *Healey Marque
*and, as a result, am following the auctions way more than before.  The
big-time auctions need lots of product to move over the stand in a
three-day auction, so although the high-end cars get most of the publicity,
there are a lot of mid-range cars up for sale, too.  And the same factors
that affect the expensive stuff influences the Healey market as well.  Fear
of recession, aging of the core group of hobbyists, younger folks not
caring about the 50s-70s stuff, etc.  For example, while at Mecum Monterey
I saw this rather nice Phase 1 BJ8 bid up to $35,000 and stop dead:
https://www.mecum.com/lots/CA0819-380928/1964-austin-healey-3000-mkiii-bj8-convertible/
That's certainly way below what that car would've sold for a few years ago
and if you take the time to search "Austin-Healey" at all the Monterey
auction houses, you'll see similar no-sales across the board.  Obviously,
auctions don't tell the whole tale of Healey sales, but the price guides
and auction sale prices heavily influence what people expect to get or pay
in a private sale.

Just my take,

Rick Neville

On Sat, Aug 24, 2019 at 10:02 AM Keith Pennell <llennep at verizon.net> wrote:

> Are the results of these "high dollar" auctions applicable to our meager
> (by comparison) cars?  I dont know the answer to that but I sort of doubt
> it since we are only opperating in the five figure segment and mostly on
> the lower end of that.  When the auctions include cars of our ilk as a few
> recently posted have referenced then it gets my attention.
>
> Just wondering
> Keith
>
>
> -----Original Message-----
> From: HealeyRick <healeyrik at gmail.com>
> To: Perry <healeyguy at aol.com>
> Cc: healeys at autox.team.net <healeys at autox.team.net>
> Sent: Fri, Aug 23, 2019 7:36 pm
> Subject: Re: [Healeys] [OT] Collector Car 'Hobby'
>
> I always thought "bespoke" was more in keeping with a visit to a Saville
> Row tailor, not an automobile.  But either way, each is out of my league.
> Here's another take on the Monterey auctions:
> https://www.forbes.com/sites/davidun.../#7aba6b1b692b
> <https://www.forbes.com/sites/davidundercoffler/2019/08/21/classic-car-market-hits-a-pothole-at-2019-monterey-car-week/#7aba6b1b692b>
> Looks like a hard rain is goin' to fall.
>
> Rick Neville
>
> On Fri, Aug 23, 2019 at 11:58 AM Perry via Healeys <healeys at autox.team.net>
> wrote:
>
> Listers
> If nothing else, that article helped me understand a new word that has
> been creeping into the TV shows (car stuff) and print info lately, BESPOKE
> is the word.
>
> One TV show used it over and over and by the rest of the dialog used, I
> had no idea what they were talking about. At first I thought they were
> referencing the 24 inch wheels they were using on the build. But they
> didn’t look anything like a set of spoked wire wheels from Dunlap.
>
> I read the referenced article which talked about bespoked projectiles,
> scratched my head and said to my lovely wife, “What in the world does
> BESPOKE mean?”
>
> With a slight smile on those lips, said, CUSTOM or Built for the buyer!!!
>
> Oh, is the word custom to old school or outdated for the “car guys and
> gals” today? Maybe for million dollar supercars.
>
> Not that I’m not interested in learning new words, I mean knowing what the
> advertised heart medicine is talking about, an ACE or an R, may have some
> bearing on my future existence!  😊
>
> Hope everyone is having a great day.  I have to spend some time in the
> garage to work on my brother in laws BESPOKED 100-Six.  Fitting a quick
> change rear axle to the beast.
> Perry
>
> Sent from Mail <https://go.microsoft.com/fwlink/?LinkId=550986> for
> Windows 10
>
> > On Aug 23, 2019, at 09:32, Bob Spidell <bspidell at comcast.net> wrote:
> >
> > Possibly of interest to The List (valid this week only):
> http://www.autoextremist.com/
>
>
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