Hey y'all,
Haven't posted for a while, mainly due to my Healey running well and no problems. Of course now that I have written this the Healey Gods will "smote me" and the old gal won't start tomorrow before heading to a local small car show. As to the values, like most of us, do watch to see what is going on and have been having the internal conversation of "is now the time to sell" ? I've had Healey's since my first ragged 1962 Sprite I got in 1968 or so. Owned every model except a Tri Carb and BJ7 and was fortunate enough to get my 100M before the values went nuts. No way could I afford one now or even consider it being 70+ years old. Still love driving it and working on it and so far can get in and out okay. Do have a couple of friends that can no longer get in to join me on attending shows,etc. Guess I need some younger and more agile friends.
Point of all this is like the above question "should I consider selling while the values are still high on 100M's" or with my usual financial timing will I finally decide after the market tanks ? One of the big auction houses had been after me to put it in their Amelia Island Concours auction but as a good friend put it, "do you need the money now and if not, why sell ?". I didn't buy it as an investment but for the love of the marque and my ultimate goal had been to one day own a 100M. But like a few have said I totally agree with, the potential buyers of LBC's are getting older and fewer so the market out there is not growing. Take a look at any pictures from the club magazines such as Healey Marque ( thanks to our own Reid Trummel ) and a lot of gray hair out there, mine included. Anyway, just some ramblings from an old Healey guy and know I am the only one that can decide when is the right time to sell if I ever do !!!
Thanks,
Mike