<VV> Sold for $21K

[J R Read_HML]

Hi Gary,

Where have you been?  The Kentucky convention raffle car was donated back by 
the winner and immediately auctioned to a room full of Corvair owners at the 
final night banquet.  It went for over $21,000 if I recall correctly.  That 
was four years ago.

In terms of prices - it is simply what the seller and buyer agree on for 
value.  The $5,000 to $6,000 cars are not for show - but for go.  Generally, 
they HAVE been driven and/or WILL be driven.  Nice examples of the mark, but 
certainly not trailer queens.

I'm not sure that I follow the logic on higher prices for Corvairs being 
something which will increase CORSA membership.  Not every CORSA member is 
simply a "collector".  Most have cars they drive and they may/may not also 
have the parked "collector" car as well.

Later, JR

CCE CORVANANTICS CORSA SCG member
'61 Rampside Standard 4/110
'65 Monza Convertible 4/140

----- Original Message ----- 
From: "Gary Rinehart" <doduckinn at centurytel.net>
To: <virtualvairs at corvair.org>
Sent: Saturday, March 29, 2008 12:23 PM
Subject: <VV> Barrett-jacksom sale of monza '69 'vert, 140/4spd, only 
24,000mi. Sold for $21K


> And why not?   Most drivable Corvair Owners have at least $20k invested in 
> their car.   Yet I see example after example of cars selling/advertised 
> for $10k or under.  The majority sell/advertise in the $5k to $6k 
> category.  I don't understand the value system for "collecting" Corvairs. 
> If you  have $20k invested in a restoration, depending on the car, you 
> should have a reasonable expectation to recoup your financial efforts.
>
> Over and over, I hear that Corvair Owners are "cheap" and proud of it.  It 
> is no wonder that other Clubs with less engineered vehicles tend to look 
> down at us.  I daresay that there are damn few of current Corvair Owners 
> who would be forced out of the Corvair fraternity based on a upper 
> readjustment of "PRICE".  If a "well maintained driver" suitable for 
> "favorite status" from the fans at a show, has got to be worth $15k to 
> $20k.
>
> There should be a certain amount of pride in any endeavor, and is not lack 
> of that emotion with Corvair Owners.  But equally important to the human 
> emotion to something akin to snobbery.  We see it every time we go to a 
> gathering of Packard's, Mustangs, Pontiacs, Corvettes, T-Birds, etc.
>
> Everyone seems to be concerned of a decrease in Membership.  Has anyone 
> considered these observations for the decline.   If your car has a 
> fictitious value of a third or half of the cost to own it, where is the 
> incentive???  There are many choices to the "Professional Collector". I 
> doubt that membership in the Corvair Club qualifies.
>
> I say congratulations to the JB sale.  It is about time for this value 
> realization
>
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