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1990 Reatta Convertible


sue23

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A local person is interested in buying my 1990 Red (tan interior and top) Reatta convertible-absolutely new condition with a little over 9,000 miles on it. Any suggestions on a fair (to both parties) asking price?

Thanks.

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Fair to both parties......if as you state 15-16k would be my guess...red and white are the most common colors......

EDIT:

excuse me <img src="http://forums.aaca.org/images/graemlins/smile.gif" alt="" /> >>>> red convertibles and white convertibles are the most common...I am simply to lazy at the moment to look on Reatta.net and see which is the MOST common <img src="http://forums.aaca.org/images/graemlins/smile.gif" alt="" />.

Anyway, If you car is showroom as you state, and a lot of people have "different opinions on condition", and especially values for that matter, but real showroom condition coupled with the 9000 miles, then you have an exceptional car almost regardless of color. It would be GREATLY appreciated if you would post your sales price when a final sale materializes.

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Red/tan being the most common color for 1990 Reatta convertibles.

Similar 1990 red/tan cars have had a hard time selling for over $10k.

I know, mine (80k-award winner) sold for thousands less, in #3 condition.

Average I've seen last 6 mo. is $7k-$8k, with only one crossing the $10k mark.

So far, actual sales values have averaged only 1/2 published collectible values.

Sad, but true - the general market for collectible Reatta convertibles has not realized thier inheirent value.

Sooner, or later - something's gotta give, but for now, Big bucks for a Reatta are hard to come by, in our current market.

Personally, I would keep the car, 'till I got my investment out of it in miles!

$36k new / 9000 miles = $4/mile, drive it one last summer, before deciding to sell at all.

post-38921-143137929362_thumb.jpg

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I'm not sure anyone here can answer the question about a 9,000 mile Reatta convertible.

While 1990 convertible prices vary dramatically based on mileage and condition,

There are few actual sales to establish a realistic selling price for low mileage cars.

If I owned the car, I would keep it if it could not be sold for at least $16,000 and I suspect that a more realistic number is closer to $20,000.

If it were placed in a major car auction, it would probably sell in the mid $20's but it would cost the seller 10% plus entry fees and other expenses.

A car like that cannot be put on the street corner with FOR SALE sign and expect it to bring top dollar.....

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> If I owned the car, I would keep it if it could not be sold for at least $16,000 and I suspect that a more realistic number is closer to $20,000. </div></div>

Of course, Barney and I, (as many others), would NEVER sell such a car, and feel EVERY Reatta is priceless, in It's own way.

For example, a Reatta parts car is priceless, in comparison to others of it's era. I've seen Reatta convertible parts cars go for up to $3k, and coupes getting over $500, when other cars of it's era are more valuable CRUSHED, than as whole parts car, to the EPA.

But, often the reasons an owner decides to "let go" of a Reatta have NOTHING to do with thier love of the car. I let my red/tan '90 ragtop go for 50% of CPI value - to pay property taxes.

I'll only "let go" of "Black Beauty" when her steering wheel is pryed from my cold, dead hands, unless an offer, (six-figure), comes in recognizing it's true value as Last One of it's 6 siblings left, on the Road. Would GM sell her sister, (last one built, in Heritage collection), for any less? Or at all?

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Guest TommyH

i agree with both manik and barney, and i would not trade my reatta for anything.....except a 1984 aston martin lagonda.....but that is EXTREMELY unlikely, seeing as how you could sell a logonda and buy 6 reatta. the one thing i dislike about my dad and his.whatever, we are looking for a parts car, but all the ones that are unreparable, with good everything else, he says no. like there was this one, really nice, some front end damage, and major rust, reasonably priced, and he turned it down"i dont want a parts car with rust on it!" @#$%^&*!!!!! you know? if im gonna strip a car that is rare to begin with, im not gonna pull a perfectly good one off the road, but i cant seem to get him to understand that....oh well

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Thanks for everyone's input on pricing. My, my, what a variety of responses! As far as loving a reatta--I know what you mean. I can part with my convertible (never got emotionally attached to it, for some reason), but I would like to be buried in my 91 coupe--love, love that car!

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I know there now is a "sale/sought" column, but I add this only as additional information on what they're selling for. There's a '90 red/tan convertible (about 100K miles) here in Southern California for $2500.

<span style="font-weight: bold">-- ALF</span>

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Just got back from Florida and attended a big auction. Talked with the owner/auctioneer, and Reattae came up. He says they'll never bring top dollar because of their dependency on last century's electronics.

His first example: A '49 Merc woody went for $80,000. It has no computers, and can be maintained/rebuilt/restored for the next 100 years or so.

His second example: No one wants a vintage computer because the electronic guts are obsolete.

And he says it'll be the same with Allantes, Reattae...<span style="font-style: italic">anything</span> from the '80s on that depends upon chips and the such. I love the Reatta -- but I'm afraid he's right.

<span style="font-weight: bold">-- ALF</span>

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Guest EDBS0

I had a similar conversation with one of the original owners of Speedy Auto Glass. He has sold the busisness and has a very large impressive collection. NOTHING with a computer or electronics that can't be easily rebuilt holds no interest for him or the collectors he knows.

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True today but I expect that in the future, the Reatta will be considered a "landmark" car for its electronics. The nice thing about all of the individual modules is that they can be repaired.

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The people who are buying collectable cars now are old like me, 60 years. they are scared off by computers/electronics etc. but if you think about the young fellas that are on this web site= Tommy H, F14CRAZY. electronicas are no big deal. when these guys get old enough to get silly with money Reatta's Allante's will take off in price.

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Guest TommyH

i really want like an 88 or 89 convertable.........with a removable hard top like the allante had......that'd be sweeeeeet!!!!

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The nice thing about all of the individual modules <span style="font-style: italic">is that they can be repaired.</span> </div></div>

Really, Padge? And at what cost? The owner's point was that they're <span style="font-style: italic">already</span> becoming hard to find -- and who's going to repair them 20 years from now? They're not like the older, simpler, non-computerized classics, where production numbers hit 100,000+, resulting in parts being reproduced offshore. There's no profit in trying to manufacture modules for a low-production animal. Unfortunately, EDBSO's post has it right.

I love Reattae too, Padge, but look at the Forum: the majority of posts are about problems with ECMs, BCMs, those game-arcade instrument panels, etc. And the car isn't even 20 years old yet! My 52-year-old Bird is undergoing its third restoration, and there isn't a part on it that isn't available as a quality, concours-quality reproduction ...including fenders, speedometers and dashboards. Who's going to spend tens, or hundreds, of thousand of dollars to start reproducing a variety of modules when the market may not exceed 100 at the time? Makes no business sense.

When the supply of Reattae parts cars is exhausted, that'll be it.

<img src="http://forums.aaca.org/images/graemlins/frown.gif" alt="" />

-- ALF

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Guest Ranger

What do you suppose they said when the automatic transmission or A/C was introduced? It's the same all over again.

Jim

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Guest EDBS0

This is not Reatta bashing. I want these cars to be on the road forever!

However it is not going to be easy. When I look under the dash of a new Toyota I see 12 wires and as many connections. Those of us who have looked under the dash of our Reattas see 1,200 wires in bundles as thick as our wrists and they run everywhere.

And if you could see the complex circuitry inside a black box!!!

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Old like whom ? I played my first video game in 1957. Of course Alf was already buying Thunderboids.

Have been considering rebuilding the AC blower module, has to be almost $3 in components and the heat sink is reusable. Until last year, GM was still using the Delco 3800 ICM/coils/crank sensor and Dale will rebuild your balancer.

Point is that most of the parts are standard GM (heck the radio was used in pickups and Sunbirds) and most of the oddball parts have workarounds. Most difficult are the dash and CRT (Riviera also)

Only really obsolete element is the CRT, eveything is LCDs these days.

Point is that at today's values, the Reatta is a bargan just as a driver and while old cars are a blast (Have a 70 Judge and a 66 Corvair), they are just not good road cars - Corvair gets 18-22 mpg on 93 PON and has no A/C. Judge has A/C and likes left lane Interstate speeds but averages 12 mpg on a good day. Instant 60-80 was great for two lane blacktops but most traveling is with the cruise on today.

Could do better with fiddling (both are running a rich mixture for longetivity).

BTW I have this on again/off again craving for convertibles. If anyone is interested in a very presentable 66 Corvair convertible in near perfect mechanical condition, see http://cfcorvairs.us . And if you really want simplicity, I'll consider a swap for an equivalent Reatta 'vert.

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">What do you suppose they said when the automatic transmission or A/C was introduced?</div></div>

Absolutely no relevance to this discussion -- but I'm sure they, "Wow, what an advance!"

<span style="font-weight: bold">-- ALF</span>

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