Subject: [Healeys] Tri-Carb sells for $74,000 on Bring A Trailer

From: editorgary--- via Healeys <[email-masked]>
Date: Tue, 21 May 2019 16:46:02 +0000 (UTC)

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Here's the reference to the final sale of the two-seat tri-carb...
https://bringatrailer.com/listing/1962-austin-healey-3000-bn7/?utm_source=
=3Ddailymail&utm_medium=3Demail&utm_campaign=3D2019-05-21

What does the group think --- Fair price in today's market, overvalued or u=
ndervalued?
What would you have expected to pay for a similar car?

G.

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<div style="color:black;font: 10pt Arial, Helvetica, sans-serif;">
<div><font size="2">Here's the reference to the final sale of the two-seat tri-carb...</font></div>

<div><font size="2"><br>
</font></div>

<div><font size="2">https://bringatrailer.com/listing/1962-austin-healey-3000-bn7/?utm_source=dailymail&amp;utm_medium=email&amp;utm_campaign=2019-05-21<br>
</font></div>

<div><font size="2"><br>
</font></div>

<div><font size="2">What does the group think --- Fair price in today's market, overvalued or undervalued?</font></div>

<div><font size="2"><br>
</font></div>

<div><font size="2">What would you have expected to pay for a similar car?<br>
</font></div>

<div><font size="2"><br>
</font></div>

<div><font size="2">G.<br>
</font></div>

<div><font size="2"><br>
</font></div>

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_______________________________________________

Archive: http://www.team.net/pipermail/healeys http://autox.team.net/archive

[email-masked]
http://autox.team.net/mailman/listinfo/healeys

--===============8526926922450761581==--

---

From: Bob Spidell <[email-masked]>
Date: Tue, 21 May 2019 09:54:57 -0700

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Seems fair to me (assuming USD).  "It's worth what someone is willing to 
pay for it;" BaT seems to be a fair arbitrator.

I think a BT7 in comparable condition (excellent resto) might bring $50K 
USD; so buyer's paying a premium for a 'true' roadster (a bit less than 
a BJ8 in comparable condition would likely fetch).

Bob

On 5/21/2019 9:46 AM, editorgary--- via Healeys wrote:
> https://bringatrailer.com/listing/1962-austin-healey-3000-bn7/?utm_source=dailymail&utm_medium=email&utm_campaign=2019-05-21
>
> What does the group think --- Fair price in today's market, overvalued 
> or undervalued?
>

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    <p>Seems fair to me (assuming USD).  "It's worth what someone is
      willing to pay for it;" BaT seems to be a fair arbitrator. <br>
    </p>
    <p>I think a BT7 in comparable condition (excellent resto) might
      bring $50K USD; so buyer's paying a premium for a 'true' roadster
      (a bit less than a BJ8 in comparable condition would likely
      fetch).<br>
    </p>
    <p>Bob<br>
    </p>
    <div class="moz-cite-prefix">On 5/21/2019 9:46 AM, editorgary--- via
      Healeys wrote:<br>
    </div>
    <blockquote type="cite"
      cite="mid:[email-masked]">
      <meta http-equiv="content-type" content="text/html; charset=UTF-8">
      <div style="color:black;font: 10pt Arial, Helvetica, sans-serif;">
        <div><font size="2">Here's the reference to the final sale of
            the two-seat tri-carb...</font></div>
        <div><font size="2"><br>
          </font></div>
        <div><font size="2"><a class="moz-txt-link-freetext" href="https://bringatrailer.com/listing/1962-austin-healey-3000-bn7/?utm_source=dailymail&amp;utm_medium=email&amp;utm_campaign=2019-05-21">https://bringatrailer.com/listing/1962-austin-healey-3000-bn7/?utm_source=dailymail&amp;utm_medium=email&amp;utm_campaign=2019-05-21</a><br>
          </font></div>
        <div><font size="2"><br>
          </font></div>
        <div><font size="2">What does the group think --- Fair price in
            today's market, overvalued or undervalued?</font></div>
        <div><font size="2"><br>
          </font></div>
        <div><font size="2">What would you have expected to pay for a
            similar car?<br>
          </font></div>
        <div><font size="2"><br>
          </font></div>
        <div><font size="2">G.<br>
          </font></div>
        <div><font size="2"><br>
          </font></div>
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[email-masked]

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From: Jean Caron <[email-masked]>
Date: Tue, 21 May 2019 17:00:10 +0000

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Gary,
I believe that since the car sold, its reserve was met, so both the buyer a=
nd the seller would be satisfied with the results.
This is a model that about 5 years ago would have sold for very close to $1=
00,000.00 US for a car in this condition. I believe that the market has sof=
tened overall, in the last few years, for Austin-Healeys as a whole, that c=
ombined with a reluctance by American buyers to purchase cars from Canada, =
due to various reasons, shipping across borders, the paperwork involved etc=
. May have kept this car from achieving a higher sale price.
While there were only 355 of these cars made, I also think their rarity is =
overblown in my opinion, they are basically the same as any 2 seater Austin=
-Healey with a 6 cylinder engine, with one extra carburettor.

Jean
Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=3D550986> for Window=
s 10

________________________________
From: Healeys <[email-masked]> on behalf of editorgary--- v=
ia Healeys <[email-masked]>
Sent: Tuesday, May 21, 2019 11:46:02 AM
To: [email-masked]
Subject: [Healeys] Tri-Carb sells for $74,000 on Bring A Trailer

G.

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<p class=3D"MsoNormal">Gary,</p>
<p class=3D"MsoNormal">I believe that since the car sold, its reserve was m=
et, so both the buyer and the seller would be satisfied with the results.
</p>
<p class=3D"MsoNormal">This is a model that about 5 years ago would have so=
ld for very close to $100,000.00 US for a car in this condition. I believe =
that the market has softened overall, in the last few years, for Austin-Hea=
leys as a whole, that combined with
 a reluctance by American buyers to purchase cars from Canada, due to vario=
us reasons, shipping across borders, the paperwork involved etc. May have k=
ept this car from achieving a higher sale price.
</p>
<p class=3D"MsoNormal">While there were only 355 of these cars made, I also=
 think their rarity is overblown in my opinion, they are basically the same=
 as any 2 seater Austin-Healey with a 6 cylinder engine, with one extra car=
burettor.
</p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Jean </p>
<p class=3D"MsoNormal">Sent from <a href=3D"https://go.microsoft.com/fwlink=
/?LinkId=3D550986">
Mail</a> for Windows 10</p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
</div>
<hr style=3D"display:inline-block;width:98%" tabindex=3D"-1">
<div id=3D"divRplyFwdMsg" dir=3D"ltr"><font face=3D"Calibri, sans-serif" st=
yle=3D"font-size:11pt" color=3D"#000000"><b>From:</b> Healeys &lt;healeys-b=
[email-masked]&gt; on behalf of editorgary--- via Healeys &lt;healey=
[email-masked]&gt;<br>
<b>Sent:</b> Tuesday, May 21, 2019 11:46:02 AM<br>
<b>To:</b> [email-masked]<br>
<b>Subject:</b> [Healeys] Tri-Carb sells for $74,000 on Bring A Trailer</fo=
nt>
<div>&nbsp;</div>
</div>
<div>
<div style=3D"color:black;font: 10pt Arial, Helvetica, sans-serif;">
<div><font size=3D"2">Here's the reference to the final sale of the two-sea=
t tri-carb...</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">https://bringatrailer.com/listing/1962-austin-healey-=
3000-bn7/?utm_source=3Ddailymail&amp;utm_medium=3Demail&amp;utm_campaign=3D=
2019-05-21<br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">What does the group think --- Fair price in today's m=
arket, overvalued or undervalued?</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">What would you have expected to pay for a similar car=
?<br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">G.<br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
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[email-masked]

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---

From: Don Manning <[email-masked]>
Date: Tue, 21 May 2019 10:47:19 -0700

--===============2579092959336356839==

--00000000000067b9ce0589697123

I suspect that the seller may well be pretty happy, if the seller achieved
US74K, that equates to over CDN99K before Bank exchange charges.  It seems
unlikely to me that the car would sell in Canada in Canadian dollars at
that level, at least in the West, but others would know better than I.

It is not that hard to get a car imported from Canada into the US, my BN7
went to Florida in 2011, the transport company took care of all the
paperwork, the fees involved were fair.

Don

On Tue, May 21, 2019 at 10:00 AM Jean Caron <
[email-masked]> wrote:

> Gary,
>
> I believe that since the car sold, its reserve was met, so both the buyer
> and the seller would be satisfied with the results.
>
> This is a model that about 5 years ago would have sold for very close to
> $100,000.00 US for a car in this condition. I believe that the market has
> softened overall, in the last few years, for Austin-Healeys as a whole,
> that combined with a reluctance by American buyers to purchase cars from
> Canada, due to various reasons, shipping across borders, the paperwork
> involved etc. May have kept this car from achieving a higher sale price.
>
> While there were only 355 of these cars made, I also think their rarity is
> overblown in my opinion, they are basically the same as any 2 seater
> Austin-Healey with a 6 cylinder engine, with one extra carburettor.
>
>
>
> Jean
>
> Sent from Mail <https://go.microsoft.com/fwlink/?LinkId=550986> for
> Windows 10
>
>
> ------------------------------
> *From:* Healeys <[email-masked]> on behalf of
> editorgary--- via Healeys <[email-masked]>
> *Sent:* Tuesday, May 21, 2019 11:46:02 AM
> *To:* [email-masked]
> *Subject:* [Healeys] Tri-Carb sells for $74,000 on Bring A Trailer
>
> What does the group think --- Fair price in today's market, overvalued or
> undervalued?
>
> -->
> Support Team.Net http://www.team.net/donate.html
> Suggested annual donation  $12.75
>
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<div dir=3D"ltr">I suspect that the seller may well be pretty happy, if the=
 seller achieved US74K, that equates to over CDN99K before Bank exchange ch=
arges.=C2=A0 It seems unlikely to me that the car would sell in Canada in C=
anadian dollars at that level, at least in the West, but others would know =
better than I.<div><br></div><div>It is not that hard to get a car imported=
 from Canada into the US, my BN7 went to Florida in 2011, the transport com=
pany took care of all the paperwork, the fees involved were fair.</div><div=
><br></div><div>Don</div></div><br><div class=3D"gmail_quote"><div dir=3D"l=
tr" class=3D"gmail_attr">On Tue, May 21, 2019 at 10:00 AM Jean Caron &lt;<a=
 href=3D"mailto:[email-masked]">vintage_roadster_=
[email-masked]</a>&gt; wrote:<br></div><blockquote class=3D"gmail_=
quote" style=3D"margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,=
204);padding-left:1ex">

<div>

<div class=3D"gmail-m_-1198884006681436855WordSection1">
<p class=3D"MsoNormal">Gary,</p>
<p class=3D"MsoNormal">I believe that since the car sold, its reserve was m=
et, so both the buyer and the seller would be satisfied with the results.
</p>
<p class=3D"MsoNormal">This is a model that about 5 years ago would have so=
ld for very close to $100,000.00 US for a car in this condition. I believe =
that the market has softened overall, in the last few years, for Austin-Hea=
leys as a whole, that combined with
 a reluctance by American buyers to purchase cars from Canada, due to vario=
us reasons, shipping across borders, the paperwork involved etc. May have k=
ept this car from achieving a higher sale price.
</p>
<p class=3D"MsoNormal">While there were only 355 of these cars made, I also=
 think their rarity is overblown in my opinion, they are basically the same=
 as any 2 seater Austin-Healey with a 6 cylinder engine, with one extra car=
burettor.
</p>
<p class=3D"MsoNormal"><u></u>=C2=A0<u></u></p>
<p class=3D"MsoNormal">Jean </p>
<p class=3D"MsoNormal">Sent from <a href=3D"https://go.microsoft.com/fwlink=
/?LinkId=3D550986" target=3D"_blank">
Mail</a> for Windows 10</p>
<p class=3D"MsoNormal"><u></u>=C2=A0<u></u></p>
</div>
<hr style=3D"display:inline-block;width:98%">
<div id=3D"gmail-m_-1198884006681436855divRplyFwdMsg" dir=3D"ltr"><font fac=
e=3D"Calibri, sans-serif" style=3D"font-size:11pt" color=3D"#000000"><b>Fro=
m:</b> Healeys &lt;<a href=3D"mailto:[email-masked]" target=
=3D"_blank">[email-masked]</a>&gt; on behalf of editorgary-=
-- via Healeys &lt;<a href=3D"mailto:[email-masked]" target=3D"_bla=
nk">[email-masked]</a>&gt;<br>
<b>Sent:</b> Tuesday, May 21, 2019 11:46:02 AM<br>
<b>To:</b> <a href=3D"mailto:[email-masked]" target=3D"_blank">heal=
[email-masked]</a><br>
<b>Subject:</b> [Healeys] Tri-Carb sells for $74,000 on Bring A Trailer</fo=
nt>
<div>=C2=A0</div>
</div>
<div>
<div style=3D"color:black;font:10pt Arial,Helvetica,sans-serif">
<div><font size=3D"2">Here&#39;s the reference to the final sale of the two=
-seat tri-carb...</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2"><a href=3D"https://bringatrailer.com/listing/1962-aus=
tin-healey-3000-bn7/?utm_source=3Ddailymail&amp;utm_medium=3Demail&amp;utm_=
campaign=3D2019-05-21" target=3D"_blank">https://bringatrailer.com/listing/=
1962-austin-healey-3000-bn7/?utm_source=3Ddailymail&amp;utm_medium=3Demail&=
amp;utm_campaign=3D2019-05-21</a><br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">What does the group think --- Fair price in today&#39=
;s market, overvalued or undervalued?</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">What would you have expected to pay for a similar car=
?<br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><font size=3D"2">G.<br>
</font></div>
<div><font size=3D"2"><br>
</font></div>
<div><br>
<font size=3D"2"></font></div>
</div>
--&gt;</div>
</div>

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</blockquote></div>

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[email-masked]

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---

From: HealeyRick <[email-masked]>
Date: Tue, 21 May 2019 15:51:50 -0400

--===============9153619547167615872==

--000000000000d7a94a05896b2eda

I think it's about right, although I feel like it should be right.  I agree
with Jean, that Healey prices seem to be softening and the BJ8s are,
outside of the Ms and Ss, still leading the pack.  Compare this one at
Sotheby's already bid to $75k with two days left for an older
restoration:
https://www.sothebys.com/buy/c28f2f2c-d1d4-43c1-951a-a7b8f6801c45   I
wonder if the BN7 would've fetched a higher price if it had already been
judged Concours Gold, which it looks like it may have easily reached?

Rick Neville

On Tue, May 21, 2019 at 1:00 PM Jean Caron <
[email-masked]> wrote:

> http://autox.team.net/mailman/options/healeys/[email-masked]
>
>

--000000000000d7a94a05896b2eda
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<div dir=3D"ltr">I think it&#39;s about right, although I feel like it shou=
ld be right.=C2=A0 I agree with Jean, that Healey prices seem to be softeni=
ng and the BJ8s are, outside of the Ms and Ss, still leading the pack.=C2=
=A0 Compare this one at Sotheby&#39;s already bid to $75k with two days lef=
t for an older restoration:=C2=A0=C2=A0

<a href=3D"https://www.sothebys.com/buy/c28f2f2c-d1d4-43c1-951a-a7b8f6801c4=
5">https://www.sothebys.com/buy/c28f2f2c-d1d4-43c1-951a-a7b8f6801c45</a>=C2=
=A0 =C2=A0I wonder if the BN7 would&#39;ve fetched a higher price if it had=
 already been judged Concours Gold, which it looks like it may have easily =
reached?<div><br></div><div>Rick Neville</div></div><br><div class=3D"gmail=
_quote"><div dir=3D"ltr" class=3D"gmail_attr">On Tue, May 21, 2019 at 1:00 =
PM Jean Caron &lt;<a href=3D"mailto:[email-masked]=
m">[email-masked]</a>&gt; wrote:<br></div><blockq=
uote class=3D"gmail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-left:1p=
x solid rgb(204,204,204);padding-left:1ex">

<div>

<div class=3D"gmail-m_3603957249080611664WordSection1">
<div id=3D"gmail-m_3603957249080611664divRplyFwdMsg" dir=3D"ltr"><font face=
=3D"Calibri, sans-serif" style=3D"font-size:11pt" color=3D"#000000"><b>From=
:</b> Healeys &lt;<a href=3D"mailto:[email-masked]" target=

s/[email-masked]" rel=3D"noreferrer" target=3D"_blank">http://autox.te=
am.net/mailman/options/healeys/[email-masked]</a><br>
<br>
</blockquote></div>

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[email-masked]

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---

From: Curtis Arndt <[email-masked]>
Date: Tue, 21 May 2019 14:27:03 -0700

--===============1359758077920723478==

--0000000000003837a105896c835b

Personally, I still feel it's a $100K car, but the market decides.  Buyer
got a deal as you cannot buy one and restore it to that level for $74K.
Just my .02 cents.

Cheers,

Curt

On Tue, May 21, 2019 at 12:52 PM HealeyRick <[email-masked]> wrote:

> I think it's about right, although I feel like it should be right.  I
> agree with Jean, that Healey prices seem to be softening and the BJ8s are,
>> While there were only 355 of these cars made, I also think their rarity
>> is overblown in my opinion, they are basically the same as any 2 seater
> http://autox.team.net/mailman/options/healeys/[email-masked]
>
>

--0000000000003837a105896c835b
Content-Transfer-Encoding: quoted-printable

<div dir=3D"ltr">Personally, I still feel it&#39;s a $100K car, but the mar=
ket decides.=C2=A0 Buyer got a deal as you cannot buy one and restore it to=
 that level for $74K.=C2=A0 Just my .02 cents.<div><br></div><div>Cheers,</=
div><div><br></div><div>Curt</div></div><br><div class=3D"gmail_quote"><div=
 dir=3D"ltr" class=3D"gmail_attr">On Tue, May 21, 2019 at 12:52 PM HealeyRi=
ck &lt;<a href=3D"mailto:[email-masked]">[email-masked]</a>&gt; w=
rote:<br></div><blockquote class=3D"gmail_quote" style=3D"margin:0px 0px 0p=
x 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir=
=3D"ltr">I think it&#39;s about right, although I feel like it should be ri=
ght.=C2=A0 I agree with Jean, that Healey prices seem to be softening and t=
he BJ8s are, outside of the Ms and Ss, still leading the pack.=C2=A0 Compar=
e this one at Sotheby&#39;s already bid to $75k with two days left for an o=
lder restoration:=C2=A0=C2=A0

<a href=3D"https://www.sothebys.com/buy/c28f2f2c-d1d4-43c1-951a-a7b8f6801c4=
5" target=3D"_blank">https://www.sothebys.com/buy/c28f2f2c-d1d4-43c1-951a-a=
7b8f6801c45</a>=C2=A0 =C2=A0I wonder if the BN7 would&#39;ve fetched a high=
er price if it had already been judged Concours Gold, which it looks like i=
t may have easily reached?<div><br></div><div>Rick Neville</div></div><br><=
div class=3D"gmail_quote"><div dir=3D"ltr" class=3D"gmail_attr">On Tue, May=
 21, 2019 at 1:00 PM Jean Caron &lt;<a href=3D"mailto:vintage_roadster_rest=
[email-masked]" target=3D"_blank">vintage_roadster_restoration@hotmail=
.com</a>&gt; wrote:<br></div><blockquote class=3D"gmail_quote" style=3D"mar=
gin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1=
ex">

<div>

<div class=3D"gmail-m_-1406326831929010290gmail-m_3603957249080611664WordSe=
ction1">
<div id=3D"gmail-m_-1406326831929010290gmail-m_3603957249080611664divRplyFw=
dMsg" dir=3D"ltr"><font face=3D"Calibri, sans-serif" style=3D"font-size:11p=
t" color=3D"#000000"><b>From:</b> Healeys &lt;<a href=3D"mailto:healeys-bou=
[email-masked]" target=3D"_blank">[email-masked]</a>&g=
t; on behalf of editorgary--- via Healeys &lt;<a href=3D"mailto:healeys@aut=
ox.team.net" target=3D"_blank">[email-masked]</a>&gt;<br>

s/[email-masked]" rel=3D"noreferrer" target=3D"_blank">http://autox.tea=
m.net/mailman/options/healeys/[email-masked]</a><br>
<br>
</blockquote></div>

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[email-masked]

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