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Re: [Healeys] 100 M sells for $159,000

To: <tomfelts@windstream.net>, "F. Ronald Rader"
Subject: Re: [Healeys] 100 M sells for $159,000
From: gardner5@comcast.net
Date: Sun, 31 Aug 2008 16:08:58 +0000
If you follow the market or check the SCM data base, you'll see that this is 
close to an average price for a factory M.  Bill Meade, of the 100M Registry, 
and myself co-authored a piece for Sports Car Market a few months back in which 
Bill, who closely follows the market as well, wrote that nice 100M's are 
bringing approx. $185K.  If you figure $159K plus the buyer's premium, then 
we're right in the ballpark.  This adds to the data we used at the time which 
was based on both auction and private party results. 

When someone gets a bit surprised about this kind of money, I think a good way 
to put things in perspective is to compare the 100M to the Porsche Speedster.  
Both have great looks (personally I like the Healey better), similar 
performance/driving experience, and are from the same era...Porsche made 4,144 
between 1954 to 1958 with a projected survival rate of 35% this leaves about 
1,400.  We know that less than 150 factory M's are out there, so this makes the 
Healey more rare.  Currently, a decent Speedster goes for approx. $200K and you 
can find them all day long.  Finding the Healey is more difficult.

The reality is that the factory M has become desirable and the market price is 
set by what someone is willing to pay, which is just what you see in the sell 
above.


Joel Gardner

-------------- Original message -------------- 
From: <tomfelts@windstream.net> 

> Museum piece. Would be a great driving car but doubt if it ever will be 
>again. 
> > 
> > From: "F. Ronald Rader" 
> > Date: 2008/08/31 Sun AM 01:40:46 EDT 
> > To: "Healey List" 
> > Subject: [Healeys] 100 M sells for $159,000 
> > 
> > http://www.rmauctions.com/CarDetails.cfm?SaleCode=MO08&CarID=r271&Currency= 
> > 
> > this 100 m sold for an unbelievable price!! 
> > 
> > ron rader 
> > 
> > 1965 BJ8 
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