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The Continental

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Posts posted by The Continental

  1. On November 11, 2016 at 5:58 PM, auburnseeker said:

    I wouldn't discredit the value of those trucks.  Especially in the North East.  You can view my thread on selling mine and see.  I had 3 guys with cash in hand and a trailer ready to roll when my truck hit the market.  The first guy took it and I pulled the bottom of 5 figures for a truck that was very solid and drove wonderfully,  but cosmetically needed to be completely redone. 

     

    I'm talking more in lines with a truck out of a field. Not sure what yours looked like, but what needs cosmetics to some could look perfect to someone else especially in regards to a 1953 Chevrolet truck. People are faking patina nowadays. 

  2. On November 3, 2016 at 3:51 PM, trimacar said:

    Let's look at this in tier levels, based on units needed to acquire a certain vehicle.

     

    8 figures....Cars in this class, are in a class of their own, and the people who buy them are too....there's appreciation for works of art, which these cars are, but one has to be able to write such a check with little affect to the bank account

     

    7 figures....There'll always be "pride of ownership", so the high end cars will always have a home with the affluent, some who love them, some who appreciate history, some just keeping up with the (wealthy) Joneses

     

    6 figures....some very successful people here, who, as in 7 above, may love them, or love the effect that ownership has on other people, still rarified air for most of us hobbyists....As a side note, I've also seen people buying cars in this range who were fairly average Joes, middle to upper middle class, may have had some cars for a long time that were well bought then sold and borrowed to get that one car they'd been thinking about for ages....for those guys, it's love and family support and the pleasure of owning a great car they've admired for years....

     

    5 figures....well, going to split this one

         -high 5 figures, see 6 above, or someone who just absolutely loves a certain car and stretches to acquire same (see 5, just not quite as fluid with assets), we're getting down to enthusiasts willing to risk some serious bucks (to them) to own a piece of history

         -low 5 figures, well, now we're in the range of just about anyone who has a steady job and owns a home.  Just about anyone (with those two stipulations) can come up with low 5 figures if they want to, and they want a collectable car.  This range is probably 80% of more of all collectable cars, so a very important part of the hobby. Very important....

     

    4 figures....some nice low end collectables here, lots of fun for little money....and if you think you need to spend a lot to have a lot of fun, look at Model T guys, and the tours they do, and the MTFCA forums.  Tons of fun on the cheap.

     

    3 figures...forget it.  Project cars in the 3 range, parts cars or rough,  as are some in the 4 and 5 range, and unless highly desirable, with the cost of restoration, they have a hard time finding a new home.  The cost of restoration these days, even doing it yourself, put's these cars in a "labor of love" category.

     

    So yes, there's a market out there, and it still seems healthy, within limits.  Time will change things, of course, and I do believe that right now, there are a LOT of large collections that are owned by fellows that are well up in years, and unless they make arrangements to put cars in a museum, the next 10 to 15 years will see massive amounts of heavy iron hitting the market.

     

     

     

     

     

     

     

    Nice points. However I would expand some on condition as well as price on lower end cars. A car in #4-6 condition as well as not preferred specs might be fodder for being redone. So really this could apply to any tier. However to some extent a $500 project car could still have been the same 20 years ago. The world's nicest 1978 Ford Granada is only going to be worth so much and a 1953 Chevrolet truck that is a project won't be worth a lot, but there are still a ton of people looking for them to put back on the road. Plus someone might take that 1978 Ford Granada that is cheap regardless of age and daily drive it too.

  3. 13 hours ago, edselsouth1 said:

    Mercury Grand Marquis, '73-'77  would also be a good choice. Driven properly, fuel consumption isn't too bad. Same w/ Full size Cadillac, '77-'78. A variety of engine displacements were available in both the  Mercury and Cadillac.  Stay away from the 4-6-8 engined Cadillac cars.

    Can't the 4-6-8 part be turned off and then basically you just have a smaller version of 500 motor?

  4. Granted the grill is way too busy, but I do like the color coded feature. I haven't seen anyone try to clean up an existing 42 grill, but a 46-48 looks great and can easily be added without a double take. It's not like most of the ugly 80s on up vehicles can simply be cleaned up with just changing the front. I'm not a huge fan of the general 60s Olds headlight and grill layouts either. 

  5. It's a shame, and an auction surely could've garnered higher prices....on some items. As far as having an auction, you have to take into consideration auctioneer fees which aren't likely to be waived on something because it brought scrap price to the scrap man.

    How many cars and what kind of paperwork did he have on them? Someone I was talking to recently was telling me about an old big yard that had 8 tall filing cabinets full of titles, but of course when shop got closed up they were just considered scrap paper and not even recycled.

  6. That's a nice Probe, and someone has to start saving a few of those. You've had some awesome Ponchos, how long ago did you have most of them?

    I know the Buick 215 motor was used throughout the Y Body line in the early 60s. Pontiac in the 60s also had the Canadian Nova Beaumont and almost a badged Corvair.

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