<VV> Sold for $21K
J R Read_HML
hmlinc at sbcglobal.net
Sat Mar 29 14:37:27 EDT 2008
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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