Re: Price Appreciation
Posted: Sun Mar 30, 2014 12:19 pm
You put a 67 2000 up for sale, and seem to have the idea that it will bring top dollar specifically because it was a 67 2000. I pointed out things I would want fixed before I paid top dollar for the car. That is much different than talking down the market. I was pointing out that a car in "driver condition" is not worth more than a less rare model in "show condition"
The $50k 68 1600 helps prove my point. If your 67 2000 was in that same condition it "should" do a little more than the $50k, based on rarity. The sale of a 68 1600 for $50k, does not suddenly make all 67 2000's worth more than $50k simply because they are 67 2000's.
I was not talking down the Roadsters as a whole. I was saying your specific car has flaws that would keep it from getting top dollar. Did you notice the $50k 1600 did not have those flaws? The buyer did.
In discussing your car I said people looking for a "no issue" car would not buy yours and fix the things it needed, they would just buy a nicer car. I bet the guy that bought the $50k 1600 would have passed on yours, for that reason. He wanted a car that was finished, not one that was almost finished, and the rarity of the 67 2000 did not enter the picture.
The $50k 68 1600 helps prove my point. If your 67 2000 was in that same condition it "should" do a little more than the $50k, based on rarity. The sale of a 68 1600 for $50k, does not suddenly make all 67 2000's worth more than $50k simply because they are 67 2000's.
I was not talking down the Roadsters as a whole. I was saying your specific car has flaws that would keep it from getting top dollar. Did you notice the $50k 1600 did not have those flaws? The buyer did.
In discussing your car I said people looking for a "no issue" car would not buy yours and fix the things it needed, they would just buy a nicer car. I bet the guy that bought the $50k 1600 would have passed on yours, for that reason. He wanted a car that was finished, not one that was almost finished, and the rarity of the 67 2000 did not enter the picture.