Point taken Bob.
I should clarify my position as well. I hope I didn't appear to be down on
100Ms because I'm not, I absolutely love the cars. I just think, and it is
just my opinion, that the premium for factory Ms is much too high because,
unlike the S, they have relatively few modifications over a standard 100
plus the M package had been sold as a dealer option for 2 or 3 years before
the factory M arrived.
However if people are willing to pay these prices then that's great for the
100M owners.
cheers
Derek
On Fri, May 18, 2012 at 3:20 PM, Bob Spidell <bspidell at comcast.net> wrote:
> I think my point--at least part of it--got missed (maybe buried in too
> much sarcasm).
>
> If you think someone paying close to $200K for a factory 100M is absurd,
> keep in mind that to many people--probably a large majority--spending any
> money (or time) at all on an old British 2 (or 2.5)-seater is absurd; cars
> are 4-wheeled appliances for getting groceries and taking the kids to
> soccer/football practice. There are plenty of people who think you would
> be just plain silly to spend a penny on a 6-cyl Healey, so it's all
> relative.
>
> I do agree that 100Ms may be in a bit of speculative bubble, though (it's
> been going on for several years, so may have some staying power). More
> justified, IMO, in the bubble in old muscle cars, which have no appeal to
> me.
>
> Bob
>
>
>
> On 5/16/2012 2:08 PM, Derek Job wrote:
>
>> Bob
>>
>> It's just my opinion but I think people are paying those prices because
>> they don't know what they are doing. How many real Healey enthusiasts
>> would
>> pay 175K for a 100M. None in my opinion. There is nothing special about
>> the
>> cars, yes there are only 600 or so but as I said , there are only 350 BN7
>> Tri-Carbs. This market has been hyped up by various American auction
>> houses
>> and dealers. Now if you own a 100M, good for you, I like those cars, but
>> if
>> I had one I'd sell it for 175K. Reminds me a bit of the mining industry.
>> if
>> ever we discovered a gold deposit we would sell it, because people would
>> pay way over the odds for it and we could better invest the funds
>> elsewhere.
>>
>> Derek
>> www.healeysix.net
>>
>>
>>
>>
>
> --
> ***********************************************************************
> Bob Spidell San Jose, CA bspidell at comcast.net
>
> ***********************************************************************
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