[Zmagnette] Fwd: 1958 MG Magnet 20000

[John Park]

Well I've thought of the auction route but pretty much all of the bigger
ones are several days drive away. To ship the car, especially at this time
of year is into 4 figures and then there is the auction house fees which cut
into the final sale price. So is it worth trying to go that route to
"establish" a value or just move the car for what you can get if you don't
want to hang on for years until someone decides you do have a nice car?

 

From: zmagnette-bounces at autox.team.net
[mailto:zmagnette-bounces at autox.team.net] On Behalf Of Steve Hanegan
Sent: Sunday, January 12, 2014 3:24 PM
To: List for the Z Magnette Group - North America
Subject: Re: [Zmagnette] Fwd: 1958 MG Magnet 20000

 

This is a pretty good looking car! Concours? Show Winner? Probably not, but
if it drives as well as it looks, it certainly represents a good deal for
the buyer. You certainly could not build one like this for this price, even
if you are starting with a good solid car. I question whether there is a
market that will step in and buy a car like this at this price. I am at a
loss on how we as Magnette owners can create a market for good clean cars
like this one. A  Mk II Jag in this condition would have no problem reaching
$30K - $35K at auction because of the reputation and mystique of Jaguar,
though these prices have remained pretty constant over the past 10 years or
so. Though it lacks the torquey 6 and top notch brakes of the Jag, the
Magnette is still a very solid car with better than average handling
characteristics and a very posh and cozy interior. I would speculate that
having a few more "finished" cars sell, and perhaps, sell at one of the more
prominent Auctions such as Barret Jackson, would  increase the public
awareness and demand for our cars. Without demand, there really isn't any
value, and demand can't be built on $2K projects.

 

I am guessing that a few more of us are going to need to sell our cars -
holding out for prices like this one or higher - before the market will come
up far enough to make this more of a typical value.

 

Steve H.

 

 

On Jan 12, 2014, at 10:54 AM, John Marcell <MG1948 at verizon.net
<mailto:MG1948 at verizon.net> > wrote:





Good car, good price if you cant do the work yourself.  Even I don't think
you could do one with you doing all the work today.

 

Phil

 

Begin forwarded message:





From: Gary Sandusky <gary at sandusky.cc <mailto:gary at sandusky.cc> >

Subject: 1958 MG Magnet 20000

Date: January 11, 2014 9:34:04 PM CST

To: Phil Marcell <MG1948 at verizon.net <mailto:MG1948 at verizon.net> >

 

Take a look at this Magnet. 
Gary

http://dallas.craigslist.org/dal/cto/4281771840.html


Sent from my iPhone

 

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