It's really about the true cost of restoration.
This has gone up due to inflation.
It would be a tragedy for us devalue our cars or our efforts by thinking in
terms of dollar value 15 years ago.
And if those $12k Bugeyes you see are good examples and are well restored, then
they might be worth jumping on.
I've seen your car Mike, and I know you have more than that in "TLC invested"
alone.
The sorry state of affairs is a dollar does not go as far as it used to.
In any case I think the gentleman from Chicago had it right when he said that
the true value of your car is the
"fun factor", that is, the enjoyment you get when you fire it up and go
somewhere with it, or even the pleasure of working on it.
Thankfully this value is hard to quantify.
----- Original Message -----
From: "Mike/Donna Carpenter" <mail4carpenters@peoplepc.com>
Subject: Re: [Spridgets] Bugeye Values
>I think pretty much that NADA is not even in touch with reality! That is even
>being easy on 'em. I rarely see a Bugeye sell above
>$12K and I watch them constantly. I think the NADA is being paid off by tax
>offices to make these outrageous book prices.
>
> Mike C
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