mgs
[Top] [All Lists]

Re: [Mgs] B GT brings big bucks

To: mgs@autox.team.net, don <don@napanet.net>
Subject: Re: [Mgs] B GT brings big bucks
From: <melfrankus@carolina.rr.com>
Date: Fri, 23 Jul 2010 16:38:51 -0400
The $$$ claimed to be spent on resto don't matter.  The issue is what is the 
car worth?  IMO $15K is a bargain.  You can not do this car to that appearance 
for less....Mel 71BGT
---- don <don@napanet.net> wrote: 
> I guess where I am confused is why spend all that money without using 
> an early B engine and gearbox to rebuild and install in the car, and 
> detail it so it looks ok, more like it did when new.  If I spent 
> $60,000 I would expect the details to be much better.  If the car was 
> done on an economy budget, then I could understand the relaxed 
> attitude toward originality.
> Don Scott
> 2 MGs
> 1 TR
> misc. Japanese cars
> 
> 
> At 10:22 AM 07/23/2010, Max Heim wrote:
> >I don't think originality has much to do with B pricing, at all. The cars
> >are common, and relatively low-priced (as far as collector cars go), so
> >98-point concours condition isn't really in demand. People want these cars
> >to drive and enjoy, and they will pay for well-chosen modern conveniences,
> >perceived reliability, and attractive presentation more than for correct
> >Mowog hoses or screwheads. In particular they will pay for someone else
> >having done the rust repair and cosmetics, since they will undoubtedly still
> >be purchasing the labor at a discount.
> >
> >It is the cars in poorer condition (restoration candidates) where
> >originality is more important -- it is much harder to restore a car that has
> >already been through the hands of clever and not-so-clever DPOs. For the
> >most part, people restore these cars for themselves, not for the
> >marketplace, because there isn't really enough upside to break even (as the
> >restorer of this GT may be finding out).
> >
> >--
> >
> >Max Heim
> >'66 MGB GHN3L76149
> >If you're near Mountain View, CA,
> >it's the primer red one with chrome wires
> >
> >on 7/22/10 9:17 PM, don at don@napanet.net wrote:
> >
> > > Watching eBay in my search for an early B roadster, I noticed that a
> > > '66 B GT just got sold for $15,100.  This has got to be a record,
> > > and/or an anomaly.  Are prices on the rise?
> > >
> > > It would be one thing if the car had the original type engine and O/D
> > > gearbox, but this car was not redone to original spec at all.  Does
> > > this mean that buyers are not that knowledgeable?  Perhaps the red
> > > colour and wire wheels just do the trick, and curb appeal trumps the
> > > details.  And the $60,000 quoted as being spent on the car's
> > > restoration must have impressed some buyers.
> > >
> > > They don't call it "resale red"  for nothing.
> > >
> > >
> > > $15,100
> > >
> > > []
> > >
> > >
> > > eBay NE Florida
> > >
> > > 2010-07-15 10:52:47
> > >
> > > 
> > 
><http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=320562113872>MG
> > > : MGB MGB GT 1966 MGB GT Red BETTER THAN NEW Over $60k Invested
> >_______________________________________________
> >
> >Mgs@autox.team.net
> >Donate: http://www.team.net/donate.html
> >Suggested annual donation  $12.75
> >Archive: http://www.team.net/archive
> >Forums: http://www.team.net/forums
> >Unsubscribe: http://autox.team.net/mailman/options/mgs/don@napanet.net
> >
> >
> >No virus found in this incoming message.
> >Checked by AVG - www.avg.com
> >Version: 9.0.851 / Virus Database: 271.1.1/3023 - Release Date: 
> >07/22/10 23:36:00
> _______________________________________________
> 
> Mgs@autox.team.net
> Donate: http://www.team.net/donate.html
> Suggested annual donation  $12.75
> Archive: http://www.team.net/archive
> Forums: http://www.team.net/forums
> Unsubscribe: 
>http://autox.team.net/mailman/options/mgs/melfrankus@carolina.rr.com
_______________________________________________

Mgs@autox.team.net
Donate: http://www.team.net/donate.html
Suggested annual donation  $12.75
Archive: http://www.team.net/archive
Forums: http://www.team.net/forums

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