[TR] Classic Car Prices

[George Richardson]

By then there won't be any gas.

George Richardson
Key Men - Keys for Classics
www.key-men.com


On 4/18/2012 4:11 PM, Joseph Laurito wrote:
> Triumphs had a bump about 20 years ago when every old rust bucket was going
> on a container ship bound for Belgium. Since then, prices have been flat.
> This is a very good thing if you want to buy one .... not so good when you
> want to sell. Stand your ground now and your great-grandchildren can smile
> when the price passes $100K. Of course, by then that will buy you a tank of
> gas.
>
> Joe
>
> -----Original Message-----
> From: triumphs-bounces at autox.team.net
> [mailto:triumphs-bounces at autox.team.net] On Behalf Of William Brewer
> Sent: Wednesday, April 18, 2012 3:12 PM
> To: Triumphs
> Subject: [TR] Classic Car Prices
>
>       Is it just me or have classic car prices peaked again? It seems like 2
> or 3 years ago I posted something to the list about how some Morgans had
> become available for under $10,000 and some Lotus Elan +2 driver's were
> dipping under $10K again. Now looking at bringatrailer.com or the Hemmings
> E-newletter I am shocked and dismayed by the asking prices of barn finds and
> restoration projects. Italian cars seem to be especially hyped. Morris Minor
> Travelers (little woody wagons) seem to be heading towards $20K for good
> ones. Porsche 356's are ridiculous as are earlier 911's. Even old VW bugs
> seem to be going up.
> Maybe it is just inflation.
>       I recently looked at a series 2 Jaguar E-type coupe for $10K. It had
> been rear-ended and poorly repaired (the whole shell was tweaked) and I
> passed.
>       It seems to me that a TR3 or MGB is still the most bang for the buck
> out there.
>       FWIW - miscellaneous ramblings from my desk at work.
>
>       Bill in Tehachapi
>
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