[Morris] Follow up - : $50,000 Minor Traveller

[rfeibusch1 at earthlink.net]

Auctions are funny.  I[ve seen people pay $40K for Messerschmitts, and $100K for Amphicars.  American woodies go for $60 - 80K.  The last big price that I saw for a Traveller was a nice, but not great, one that was for sale at Chequered Flag, a top end sports and classic shop here in Marina del Rey, CA that was for sale for $30K and sold for $22K + tax and license.  It was also black and a fresh restoration.  Took a while to sell......

The weird thing about auctions is that both the buyer and seller pay 10% so the guy who bought it actually paid $63,525 to the auction house for the car!  The auction house made almost $12K on the deal!!!!

Auctions are funny  .......  Ha,  ha,  ha.......

And I couldn't get ten grand for my 43K mile Minor convertible that I had owned for 35 years............

Best,

Rick

-----Original Message-----
>From: Kevin Wayne Williams <kww at gte.net>
>Sent: Aug 19, 2009 5:51 AM
>To: rfeibusch1 at earthlink.net
>Cc: morris_motors at yahoogroups.com, morris at autox.team.net
>Subject: Re: [Morris] Follow up - : $50,000 Minor Traveller
>
>Hell, I've got a 60 Pickup: much rarer and more useful. I'll let it go 
>for a mere $50K.
>
>Seriously, does anyone have any idea what was so special about this 
>Traveller? Or was it just a truly stupid buyer?
>
>KWW
>
>rfeibusch1 at earthlink.net wrote:
>> Re: $50,000 Minor Traveller
>> 
>> Sold for $57,750!!!
>> 
>> Best,
>> 
>> Rick
>> 
>> http://www.rmauctions.com/AuctionResultsSearch.cfm?parentsection=results&AuctionYear=All&From=&To=&LotNum=507&Make=Morris&SortBy=AL&Model=Minor&Sold=All
>> -----------------------------------------------------------------
>> 
>> Hey Gang,
>> 
>> While doing some appraisal research today I ran across this sharp 1960 Minor woody that will be on auction in Monterey. CA this month.  Estimated top bid is................. $40 to $50K!!!!!!!!!!
>> 
>> http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MO09&CarID=r313&fc=0
>> 
>> Best,
>> 
>> Rick Feibusch
>> 
>> Venice, CA
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