<blockquote><font size="1" face="Verdana, Arial">quote:</font><hr>Originally posted by Steve:
Sad to see the prices for classic Minis going through the roof. And most are purported to be Coopers, when it is quite obvious to the educated eye that they are not....kind of a shame, puts one out of my reach
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I wondered what effect, if any, the new Mini would have on prices for the originals. You're right - prices have shot up over the last two years or so. This seems to be mainly a US issue since prices in the UK haven't risen all that much. I noticed that an original 1962 Cooper (not an 'S') sold for $17,820 at the Russo and Steele auction in August. It was a low mileage car but rated at condition 3- (3=Avg. daily driver).
I've looked at a few and all seem overpriced, but they sell. If you can handle RHD while driving on the right, it appears you can save a couple thousand.
My suggestion is to wait a year or so. I expect average Minis will level off or drop a bit, although the best will still command a high price.