Richard,
I agree whith everything you've said. Right now, I'm seeing a lot of
activity with Series 3 and Series V's. Quality of restoration plays a
BIG factor in overall price. I've seen restored cars for $5000.00 that
weren't worth $1000.00.. and would require an entirely new restoration
to bring it to their asking price. - Ian
Fritzwich117@cs.com wrote:
>
> Rich Robertson of Wilmington, DE wondered what a restored Alpine is worth.
> I'm sure this will get some play on the Alpine List over the next couple of
> days so I thought I would jump start the conversation.
> My research and reviews of ads in newspapers, magazines and web sites in the
> US and Europe indicate that two different value streams have evolved. In the
> UK the asking price for a "good" Alpine (usually a GT) is in the GBS 6000
> ballpark, roughly $9000 US. I have seen the convertible Alpines w/hardtops
> at GBP 7500 (~$11,000 US). Keep in mind that the Alpine GT had a reputation
> for being valued lower than an Alpine with a boot. The series number/year is
> often omitted in these ads so its hard to establish value trends based on
> date of manufacture.
> In the States the Alpine has held its value for the last 10 years albeit
> somewhat lower than other vintage British cars in this class (MGs, Triumphs,
> Lotus, etc). Prices for "good condition" Alpines range from $3000 to $5000
> for cars needing some mechanical or cosmetic work. Cars of show winning
> quality are $6000 to $8000. Of course there are real fix'er up'ers out there
> that can be had for $500 - $2000 and stunning examples around $9K. Then
> there is always a real outlier pushing the joy-stick into the $10+K bracket.
> Pricing is still very subjective but buying requires objectivity and a sense
> of economics. But, it is apparent that Alpines, like Tigers, are being
> valued for their heritage and condition not their age. A good Series II
> could bring as much as a good Series V. It depends on what you want and your
> willingness to pay for something unique. Keep an eye on the Series III
> hybrid (slant fin - square corner windows) between the 63 and 64 model years.
> They are gaining in popularity and value. Nicely restored examples of this
> car are being priced around $7000. I guess some people just like fins.
> ...Richard Fritz
> Nazareth, PA
--
Ian Spencer <www.sunbeamalpine.org>
'61 Series II Alpine B9104704 LRX
'61 Harrington Alpine B9104782 OD HRO
'62 Harrington Le Mans BH9115930 OD LRX
'62 Harrington Le Mans BH9116754 OD LRX
'62 Harrington Le Mans BH9117497 OD LRX
'64 Series IV Automatic B9401426 BW LRX
'67 Series V Alpine B395016967 LRX
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