<VV> vehicle values, Corvair or otherwise

[Hugo Miller]

All in all, this was a very strange auction. I am rebuilding a C1 
Corvette, so was interested in how those went. Most didn't sell, or sold 
for silly low prices, sometimes half the estimate, $40-$50 ish. What 
with a 1962 Spyder selling for $30,000 and a nice C1 going for $38,000, 
that is distinctly odd. Then we get to Friday, when C1s started fetching 
crazy prices - $150k, $250k, $300k, even one that went unsold with a bid 
of $500k, but that was an original car with 3,000 miles on it - it was 
being sold as a museum piece and a 'part of history', not for driving.
I also have a 1960 Impala convertible, and prices on those (or similar) 
were mostly sensible, except for a saloon that sold for under $10k. But 
on Friday it all went crazy again; there were two late '50s 
convertibles, one Buick and one Olds, both admittedly show winners, that 
made over quarter of a million each.
Best buy must have been a stretch limo with an impressive rainbow wrap 
that went for $2,200 (yes two thousand two hundred!).


On 2019-01-15 01:28, Ed Thompson via VirtualVairs wrote:
> I believe "value" is set by what a buyer will pay to a willing 
> seller, at
> that moment in time, place, etc., and not by a printed or electronic 
> value
> guide, professional appraisal, etc.  I have not been to very many 
> vehicle
> auctions, but I think at some, there can be "dark web" type of 
> activity
> occurring, unbeknownst to buyers, maybe even sellers.
>
> Ed Thompson
> Milwaukee WI
> '66 Monza sport sedan, 110-glide
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