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Pretty Please - add it to our Events forum(s) and add to the calendar! >> 
Price of "Bs" going UP!
- Thread starter PAUL161
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rick_ingram
Yoda
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Someone from Nigeria?
/ubbthreads/images/graemlins/grin.gif
/ubbthreads/images/graemlins/grin.gif
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Send him over here! (Just kidding.)
There's a '70 or '71 B on a car lot near the house for $3500. Haven't looked at it, but when I asked about it, the owner of the lot said he had traded it for a tricked-out Eclipse. He said the guy who had it had "upgraded" to an electric fuel pump /ubbthreads/images/graemlins/rolleyes.gif.
Back to your offer - I'm sure you did love it!
Mickey
There's a '70 or '71 B on a car lot near the house for $3500. Haven't looked at it, but when I asked about it, the owner of the lot said he had traded it for a tricked-out Eclipse. He said the guy who had it had "upgraded" to an electric fuel pump /ubbthreads/images/graemlins/rolleyes.gif.
Back to your offer - I'm sure you did love it!
Mickey
kennypinkerton
Yoda
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Yep... I'da had to sell... you could buy 2 more nice ones for that much money.
tony barnhill
Great Pumpkin - R.I.P
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Paul - take the money & run! You can buy 2 B's for that any day of the week
Or better yet, point him my way...for $21,000, I'll sell him my 1-owner '79!
Or better yet, point him my way...for $21,000, I'll sell him my 1-owner '79!
G
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[ QUOTE ]
My dentist, and he's driving me crazy about it! Maybe I should sell it to him and get some of my money back. I think I've put at least one of his kids through collage. /ubbthreads/images/graemlins/rolleyes.gif PJ
[/ QUOTE ]
Ya gotta watch those dentists, they lie! How would I know?
Bill
My dentist, and he's driving me crazy about it! Maybe I should sell it to him and get some of my money back. I think I've put at least one of his kids through collage. /ubbthreads/images/graemlins/rolleyes.gif PJ
[/ QUOTE ]
Ya gotta watch those dentists, they lie! How would I know?
Bill
mgb4tim
Jedi Trainee
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I'd sell it, then find a new dentist. Don't want to find out the hard way that he's not handy, especially when he's got a needle in my mouth. /ubbthreads/images/graemlins/tongue.gif
Really, you could build a brand new heritage shell car, and might have some $$ to spare.
Really, you could build a brand new heritage shell car, and might have some $$ to spare.
OP
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Well, It's plan to see that he doesn't know the present market value of MGBs. He only saw the car once and evidently fell in love with it. Of course, we all know that dentists are loaded anyway and he wants it badly. But there's a higher authority in our family that says it doesn't get sold. [Get my drift]? On a second note though, what controls the price of our little cars anyway? We do! And, if we all thought that way, we would ask a little more in price to help compensate for the hundreds of hours we spend on restoring these little gems. Not even mentioning the $$$$$ out of pocket. A photo enclosed. /ubbthreads/images/graemlins/cheers.gif PJ
kennypinkerton
Yoda
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/ubbthreads/images/graemlins/thumbsup.gif Tell me how I can get one for $20 or less /ubbthreads/images/graemlins/jester.gif
G
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[ QUOTE ]
Of course, we all know that dentists are loaded anyway...
[/ QUOTE ]
They are??? Nobody told me that!
Bill, DDS
Of course, we all know that dentists are loaded anyway...
[/ QUOTE ]
They are??? Nobody told me that!
Bill, DDS
R6MGS
Yoda
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My Dentist drives a Camaro /ubbthreads/images/graemlins/jester.gif
I've kept a close eye on the LBC market since the 70's.....and it's true that prices have gone up, even recently most of our little treasures have seen an increase. BUT alot of this is kind of a 'false increase' a few owners feel their car is of a certain value, they advertise it at that value and of course in a limited market influence the prices of similar vehicles. Problem is buyers are rarely willing to go along with this and the majority of these higher priced cars, despite how nice they might be, see very little interest and slowly the owner brings his price down until the car is sold.
Another factor is demand...As the people that remember these cars from when they were new reach an age where they are no longer interested in buying new toys and projects the amount of buyer out there looking for these things is decreasing. Sure there are younger guys getting into the hobby for their own reasons, but not in the numbers that we saw 10-15 years ago....Then I could sell an average condition TR6 or MGB with one newspaper ad without any price negotiations...The demand was just that high.
See, unlike the muscle cars we don't have a bunch of shows promoting our cars to younger generations.
I've kept a close eye on the LBC market since the 70's.....and it's true that prices have gone up, even recently most of our little treasures have seen an increase. BUT alot of this is kind of a 'false increase' a few owners feel their car is of a certain value, they advertise it at that value and of course in a limited market influence the prices of similar vehicles. Problem is buyers are rarely willing to go along with this and the majority of these higher priced cars, despite how nice they might be, see very little interest and slowly the owner brings his price down until the car is sold.
Another factor is demand...As the people that remember these cars from when they were new reach an age where they are no longer interested in buying new toys and projects the amount of buyer out there looking for these things is decreasing. Sure there are younger guys getting into the hobby for their own reasons, but not in the numbers that we saw 10-15 years ago....Then I could sell an average condition TR6 or MGB with one newspaper ad without any price negotiations...The demand was just that high.
See, unlike the muscle cars we don't have a bunch of shows promoting our cars to younger generations.
OP
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[ QUOTE ]
Really, you could build a brand new heritage shell car, and might have some $$ to spare.
[/ QUOTE ]
Well, It seems that you should take a closer look at the cost of doing a Heritage car. By the time you get the shell in your shop, with shipping and all, you'll have spent around $8000.00 already and you haven't even started yet. The paint job alone could run from $3000 to $6000. I thought about doing one and to do it right, every part in the car should be rebuilt to zero time or replaced with a new exact duplicate with original manufacture markings. The cost to do this would be horrendous! I'm not talking about "hot rodding it up" with a variety of parts from any year. If you want to build a 72, then you use nothing but 72 parts or what ever year you want the car to be. You would be astonished at the final estimated cost. /ubbthreads/images/graemlins/crazyeyes.gif PJ
Really, you could build a brand new heritage shell car, and might have some $$ to spare.
[/ QUOTE ]
Well, It seems that you should take a closer look at the cost of doing a Heritage car. By the time you get the shell in your shop, with shipping and all, you'll have spent around $8000.00 already and you haven't even started yet. The paint job alone could run from $3000 to $6000. I thought about doing one and to do it right, every part in the car should be rebuilt to zero time or replaced with a new exact duplicate with original manufacture markings. The cost to do this would be horrendous! I'm not talking about "hot rodding it up" with a variety of parts from any year. If you want to build a 72, then you use nothing but 72 parts or what ever year you want the car to be. You would be astonished at the final estimated cost. /ubbthreads/images/graemlins/crazyeyes.gif PJ
G
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[ QUOTE ]
Another factor is demand...As the people that remember these cars from when they were new reach an age where they are no longer interested in buying new toys and projects the amount of buyer out there looking for these things is decreasing.
[/ QUOTE ]
My take on this might be slightly different. As we Boomers come of age, myself being the oldest (60), we (even us rich dentists) might find ourselves with some disposable income and want to relive the days of our youth. This will reflect from the top of the market (Big Healeys, Jags, etc.) down to the lower levels (MGs, TRs, etc.) and we see these cars being sought out in record numbers. Taken into consideration the value of the dollar (both US and CA) and inflated values of the LBC, the shear ravages of time causing many examples of collectable cars to dimenish, I see the initial cost of acquiring the car of your dreams as going up, up, up. I have kept a very close watch on the value of the average TR6 (and other TRs) and have seen them essentially double in the last 5 years. The average cost of any rebuildable TR6 seems to be somewhere in the neighborhood of $5K, with decently restored cars averaging in the low teens. Nicely done models go for $20K and up.
Prices going down is not an option. Indeed, the NASCAR crowd seems centered on Harleys and American Muscle, but those of us that think always gravitate back to classic cars that offer a bit of panache and verve. Methinks that the market is just opening up and the numbers interested are just starting to swell.
Bill
Another factor is demand...As the people that remember these cars from when they were new reach an age where they are no longer interested in buying new toys and projects the amount of buyer out there looking for these things is decreasing.
[/ QUOTE ]
My take on this might be slightly different. As we Boomers come of age, myself being the oldest (60), we (even us rich dentists) might find ourselves with some disposable income and want to relive the days of our youth. This will reflect from the top of the market (Big Healeys, Jags, etc.) down to the lower levels (MGs, TRs, etc.) and we see these cars being sought out in record numbers. Taken into consideration the value of the dollar (both US and CA) and inflated values of the LBC, the shear ravages of time causing many examples of collectable cars to dimenish, I see the initial cost of acquiring the car of your dreams as going up, up, up. I have kept a very close watch on the value of the average TR6 (and other TRs) and have seen them essentially double in the last 5 years. The average cost of any rebuildable TR6 seems to be somewhere in the neighborhood of $5K, with decently restored cars averaging in the low teens. Nicely done models go for $20K and up.
Prices going down is not an option. Indeed, the NASCAR crowd seems centered on Harleys and American Muscle, but those of us that think always gravitate back to classic cars that offer a bit of panache and verve. Methinks that the market is just opening up and the numbers interested are just starting to swell.
Bill