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$6000 100-6, reserve met?

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lawguy

lawguy

Jedi Knight
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Here's another one. I'm no Healey expert, but can this possibly be right?

It has some flaws, but $6000 seems way too low:

https://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=2464570556&category=6023

14_1_s.JPG


26_1_s.JPG
 
A quote from the seller;
"The right front outrigger condition has deteriorated and there is a hole in the trunk floor. The leaf spring mounts are good and the frame as a whole is sound. This car had shoddy body work but is presentable."

If there is this much visible rust there is sure to be a lot more. It is very questionable whether the "frame as a whole is sound" Repairing ALL of the rust & redoing the "shoddy body work" plus painting could easily cost another 15 to $20,000.

"The engine is tired" translates to a complete rebuild is needed plus probably the transmission & more. Likely another $10,000 in mechanicals.

This car is for someone who can & wants to do all of the metal work & mechanicals themselves. Or has a lot of money to spend. For $36,000, there are some very good cars available which don't need any work.
D

[ 03-08-2004: Message edited by: Dave Russell ]</p>
 
It depends...

There are two ways to sell and I've seen both before

Situation #1 You need a sale very soon! ... for whatever reason (there are many reasons why) you need a sale ASAP. In this case you might actually lower your price just to make sure you get your sale.

Situation #2 You need the sale but can afford to wait out the market. A friend of mine has a fairly nice Triumph TR3A, he restored it himself and now is in the process of selling it (his new "toy" is a gorgeous 1995 Jaguar sedan), he still has garage space and enough current funds to keep the Triumph - within reason - and get the price he wants. He told me this himself, that he started a little higher in price to see if anyone bit, and as time goes on he will lower the price to (hopefully) get the sale eventually.

If you followed all of that, that's why I think there is often a variance in price in the market place. To sell a classic car can sometimes take a little time to find just the right buyer who really wants it, and there are times when the sale has to happen by a certain date and that definitely will affect price, even on E-Bay.
 
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