healeys
[Top] [All Lists]

Re: Value insanity?

To: healeys@autox.team.net
Subject: Re: Value insanity?
From: Editorgary@aol.com
Date: Thu, 19 Jan 2006 01:03:20 EST
In a message dated 1/18/06 6:50:00 PM, gcox@tampabay.rr.com writes:


> No insanity...just a reflection of current restoration costs.
> 
Since when have restoration costs had anything to do with auction prices? 
Cars sell every day "for less than it would cost to restore that car" -- at 
least 
five of them in the last two days have gotten that comment. Yes it costs 
around $75,000 to have a Healey restored to your exact specifications by a good 
shop in, say, central California. On the other hand, an E-Type will cost much 
more and it isn't pulling their prices up. We've got something else going on 
here.
Cheers
Gary




<Prev in Thread] Current Thread [Next in Thread>