Barney Eaton Posted November 14, 2020 Share Posted November 14, 2020 Just a flag to those that do not get Hemmings daily..... This looks like a good buy if it doesn't get much higher... located in Canton OH https://www.hemmings.com/auction/1988-buick-reatta?utm_medium=Promoted Listing&utm_source=Classifieds&utm_campaign=1988-buick-reatta?refer=saturday&utm_source=saturday&utm_medium=email&utm_campaign=2020-11-14 Link to comment Share on other sites More sharing options...
Barney Eaton Posted November 22, 2020 Author Share Posted November 22, 2020 WOW..... it sold for $7,000 including fees...... I would say that is higher than average. Link to comment Share on other sites More sharing options...
dship Posted November 22, 2020 Share Posted November 22, 2020 The buyer must of really wanted it cause IMO it's about $2K to $3K too much. Link to comment Share on other sites More sharing options...
DAVES89 Posted November 22, 2020 Share Posted November 22, 2020 Not to cause a fuss, but it is worth what he wants to pay... Link to comment Share on other sites More sharing options...
DAVES89 Posted November 22, 2020 Share Posted November 22, 2020 Just now, DAVES89 said: No, he probably paid about $100.00 more then the "other" guy... Link to comment Share on other sites More sharing options...
Y-JobFan Posted November 25, 2020 Share Posted November 25, 2020 On 11/22/2020 at 10:33 AM, dship said: The buyer must of really wanted it cause IMO it's about $2K to $3K too much. Just another one in a long list the last several months that prove the naysayers wrong Link to comment Share on other sites More sharing options...
B Jake Moran Posted November 26, 2020 Share Posted November 26, 2020 18 hours ago, Y-JobFan said: Just another one in a long list the last several months that prove the naysayers wrong One sale, or purported sale, does not prove the naysayers wrong. It could be an outlier. Reatta values remain stagnant. Maybe they have bottomed out. I know that in my searches of Reattas I used to do 6 years ago, I could find 100-200 for sale in a 700 mile circle around Des Moines, Iowa. Maybe more. Now those same searches yield much fewer cars and those cars are either worn out types or nicer examples. I know my recently sold Reattas, 2 if which were among the rarest in the world have not popped up for sale. They were project vehicles. Owners are either doing nothing to them or chipping away at them. My 1990 Driftwood convertible sold "right" at $4000 and he likes the car. $7000? Just don't have enough information to judge if the trend is up swinging or stale. 1 Link to comment Share on other sites More sharing options...
Y-JobFan Posted November 26, 2020 Share Posted November 26, 2020 (edited) 5 hours ago, B Jake Moran said: One sale, or purported sale, does not prove the naysayers wrong. It could be an outlier. Reatta values remain stagnant. Maybe they have bottomed out. I know that in my searches of Reattas I used to do 6 years ago, I could find 100-200 for sale in a 700 mile circle around Des Moines, Iowa. Maybe more. Now those same searches yield much fewer cars and those cars are either worn out types or nicer examples. I know my recently sold Reattas, 2 if which were among the rarest in the world have not popped up for sale. They were project vehicles. Owners are either doing nothing to them or chipping away at them. My 1990 Driftwood convertible sold "right" at $4000 and he likes the car. $7000? Just don't have enough information to judge if the trend is up swinging or stale. I think you forgot about the post I did a couple months ago of several Reatta’s that had brought really excellent money, and there have been more since and of course more before that. Your driftwood Reatta was a nice Reata but it wasn’t an exceptional Reatta and driftwood is not a popular color and usually falls flat. Not sure if you are on the reatta FB groups but have seen strong sales and purchases on there, and a regular flow of people asking and looking to purchase Reatta's. Let's face it Jake, there could be 100 go in a row for good money and you would still be the naysayer Edited November 26, 2020 by Y-JobFan (see edit history) Link to comment Share on other sites More sharing options...
B Jake Moran Posted November 29, 2020 Share Posted November 29, 2020 I think you are correct then. Reatta prices are on the rise again. Good time to jump into the hobby. Link to comment Share on other sites More sharing options...
padgett Posted December 1, 2020 Share Posted December 1, 2020 Well that is a very nice white/red (one of my favorite) coupe with no rust. Have sold cars on undercarriage photos before. Late car, only drawback is no sunroof. 72k miles is a plus. Not many left like that. Only thing a fanatic would notice is the steering wheel center is wrong. Link to comment Share on other sites More sharing options...
B Jake Moran Posted December 1, 2020 Share Posted December 1, 2020 I just know I am jumping back in on Reattas as they are increasing in value exponentially, per Y Job Fan's observations. This week I purchased 2, and I am going to place them in storage so in 5 years I can refer to them as "Barn Finds". By Y Job Fan's accounting, I should see a 5% gain each year more or less. Buy Reatta's now before they become unaffordable! Link to comment Share on other sites More sharing options...
Y-JobFan Posted December 2, 2020 Share Posted December 2, 2020 You're just hilarious B Jake(I can think of other descriptions as well), but you have to buy quality cars to expect them to be desirable in 5 years, not the type of cars you typically buy. As you are intentionally ignoring, I always say that the cars need to be exceptional or high quality examples, the rest are drivers and parts cars(like your cars). Link to comment Share on other sites More sharing options...
B Jake Moran Posted December 5, 2020 Share Posted December 5, 2020 hhhmm. I purchased a nice 1988 Sapphire Blue coupe for $7000, with only 41,000 original miles on it, not an early car but very nice. I am storing it here in Iowa, and will advertise it in 5 years for about $9000. This is part of my retirement strategy. I think it is a car you would approve of, as I have gone away from my junk vehicles of the 1 of 1 1991 Maui Blue and Tan coupe that Marck Barker sold me 3 years ago and which I had $3300 in and sold for $400 to a fellow in Webster City, Iowa. Or the earliest known Reatta left in existence which you correctly describe as a "parts car, #105 which Barney still could care less about in the database - for $250 cash. Instead I dropped $7500 for a 1991 Maui and Blue car with 34,000 original miles, a convertible no less. It will be worth $10,000 ??? in 3-4 years. These are great cars which I have stored in Iowa Falls, Iowa not temperature controlled but inside, and covered. I listened to you "Y Job Fan" and purchased a nicer car, a nicer Reatta. I pulled the batteries as they always die for me. Link to comment Share on other sites More sharing options...
DAVES89 Posted December 5, 2020 Share Posted December 5, 2020 You can't be serious. You told people [on more then one forum] you were done with cars, and here you are back in again? Link to comment Share on other sites More sharing options...
Y-JobFan Posted December 5, 2020 Share Posted December 5, 2020 16 hours ago, DAVES89 said: You can't be serious. You told people [on more then one forum] you were done with cars, and here you are back in again? It's 2020 Dave. nothing good ever happens Link to comment Share on other sites More sharing options...
B Jake Moran Posted December 8, 2020 Share Posted December 8, 2020 Investments only Dave. I will sell them for a profit in 3 or so years Link to comment Share on other sites More sharing options...
dship Posted December 8, 2020 Share Posted December 8, 2020 (edited) 2 hours ago, B Jake Moran said: Investments only Dave. I will sell them for a profit in 3 or so years I think you'd have a better return on investment in an FDIC savings account currently offering yearly interest at .06% (yes, that's six tenths of one percent)!😵 Edited December 8, 2020 by dship (see edit history) Link to comment Share on other sites More sharing options...
B Jake Moran Posted December 8, 2020 Share Posted December 8, 2020 (edited) Y Job Fan has done the research. This is a win win. Reattas are appreciating in value for nice ones. I tried to save the 2 rarest Reattas in the world but they are parts cars or scrap. The only way is to buy nice cars. I used found money from inheritance so I am not out. I carefully stored them. I am paying about $1300 a year to store them but in 3 years they will have appreciated enough to sell and see a return on my investment. Investment only, no hobby. I have other things I am doing. Edited December 8, 2020 by B Jake Moran (see edit history) Link to comment Share on other sites More sharing options...
Y-JobFan Posted December 9, 2020 Share Posted December 9, 2020 14 hours ago, B Jake Moran said: Y Job Fan has done the research. This is a win win. Reattas are appreciating in value for nice ones. I tried to save the 2 rarest Reattas in the world but they are parts cars or scrap. The only way is to buy nice cars. I used found money from inheritance so I am not out. I carefully stored them. I am paying about $1300 a year to store them but in 3 years they will have appreciated enough to sell and see a return on my investment. Investment only, no hobby. I have other things I am doing. That storage is sure going to eat into your gain, $4000 in 3 years. Let’s see some pics of these gems Link to comment Share on other sites More sharing options...
padgett Posted December 10, 2020 Share Posted December 10, 2020 My garages are part of my house and all work is Paid For as are all of my cars. My late '88 triple blue sunroof (factory) coupe is a keeper. Bought a pair of nice under 70k 89 Allantes (best year) with hardtops for pocket change. Only yearly cost is license plates (cheaper over 30) and collector insurance (Judge is expensive part). That said buy only cars I want and pay cash. Do not plan to sell. Figure I swapped the 90 'verts (at one point had 3) for the two Allantes. Do have a title for a 90 sunroof coupe. Know approximately where it is but would need a machete to reach. Starting to feel the two SLKs have passed their interest point. Link to comment Share on other sites More sharing options...
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