<VV> FC's at Barrett Jackson at Scottsdale January 15th, 2020

Sun Jan 19 13:31:51 EST 2020

That inflation figure seems very low to me. Here in the UK, prices have 
risen roughly twenty-fold since that time (that's just my own 
guesstimate). Having said that, I do seem to recall that there were once 
eight Dollars to the Pound, whereas now it's something like 1.3. Maybe 
inflation has been much lower in the US than in the UK?
When I was a child, we regularly saw Pennies in circulation dating from 
Queen Victoria's reign. I once had - and still have - a Penny dated 1799 
that I got in my change many years ago. That coin was minted when King 
George III was still on the throne and George Washington was still 
alive, and we had a proper currency, with twelve Pennies in a Shilling 
and twenty Shillings in a Pound, and as a result everybody could do 
mental arithmetic!

On 2020-01-19 01:13, Rod Murray via VirtualVairs wrote:
> Hi Eric,
>
> I appreciate your note...it’s very thoughtful, well-stated, and
> certainly well-intended for our hobby.   If you don’t mind, I’d like
> to offer a couple of alternate thoughts...
>
> - I agree with your points favoring the Corvair FC over other
> “similar” vehicles, but I
> disagree w the idea of putting a self-imposed ceiling on FC value (or
> any Corvair) as a means to entice any future enthusiast to choose 
> ours
> over another.
> - I don’t believe it’s the Corvair marque’s responsibility (or their
> owners) to save the classic car hobby for the next generation.  
> People
> like what they like, and will buy accordingly.
> - Like any other old car, Corvairs range from project Condition to
> high-end - they’re worth whatever the market will bear, which is
> essentially whatever a buyer is willing to pay, and a current owner 
> is
> entitled to ask fair market value when selling.  If seller wants to
> deal in order to put their vehicle into a new enthusiast’s hands for
> the long-term health of our marque, that’s certainly their choice.
> - Like so many other old cars , Corvairs are already readily
> available at real entry-level classic car prices.  I don’t believe
> that’s because of a self-imposed ceiling.  And even as prices climb, 
> I
> don’t think Corvair owners will be retiring on whatever they
> eventually sell their Corvair for.  FWIW Condition is still
> everything, and I truly appreciate seeing the escalating value of a
> well-maintained, restored, or very unique Corvair. That’s how it
> should be, and frankly, it’s about time.
> - I did a quick online “inflation” value comp ...$1 in 1965 = $8.12
> today. Hence a new Corvair costing $2,500 in 1965 would cost just 
> over
> $20k today - unfortunately that’s probably an unlikely new car 
> sticker
> price today for anything other than a stripped model being sold on
> Presidents Day next to a mattress store, so its good to know that 
> good
> condition Corvairs are still readily available well below that figure
> (less than half?), so are ceiling caps even necessary? Btw Here’s 
> that
> comp link if you want to play w numbers.
> https://www.usinflationcalculator.com/
> - The end of the gasoline-era is upon us , and it’s going to go away
> entirely over the next 2 decades (as it should). As we head into the
> electric vehicle era, conversion kits are already starting to be
> introduced and will be inevitable options for classic cars.  I 
> believe
> this is how our classic car Hobby will survive.  An EV conversion
> won’t be for everyone - particularly anyone who’s primary focus is
> about traditional engine horsepower.  But otherwise, I’m excited at
> how well-suited our FC’s and Corvairs overall are for EV conversion,
> ironically, especially the originally low-selling Loadsides - think
> about it, installing a battery-pkg in that PITA lower bed area will
> finally gives that space it’s greatest purpose.
>
> Wow this turned into a really long message, but all in all, a fun
> topic of discussion...
>
> Vairy best
> Rod Murray
> Pittsburgh, Western PA Corvair Club
> (I have an FC in pieces, I do not own a fancy, valuable Corvair)
>
> Sent from my iPhone
>
> On Jan 18, 2020, at 1:24 PM, Eric Taylor <corveric at me.com> wrote:
>
> 
>
> Rod,
>
> If you are thinking of selling, increased values are good.
> Unfortunately, I think that the lower values is what will attract
> future buyers to our FCs.  VW FCs are ridiculously overpriced and far
> inferior.  The Ford and Dodge versions just did not measure up to the
> Corvair FCs and the Jeep model is too different to compare.
>
>
>
> The current attraction of our FCs is the low price to get into the
> hobby.  It is critical to develop the farm team of car enthusiasts as
> much as we can so that when we all pass away, there is somebody left
> to buy our old heaps, otherwise they will all go to the scrap pile.
> Low priced entry level models are critical for this.  I feel that 
> over
> the next ten to twenty years there will be a glut of old cars coming
> on the market.  Those with enough money can cherry pick but a lot of
> cars will be of limited interest and may well end up neglected or
> scrapped.  Has every old car owner/enthusiast done enough to kindle
> interest by young people?
>
>
>
> I read an interesting article lately that espoused that the age of
> the automobile has peaked and is on the downhill slide.  I know that
> for years before my birth and through most of my years, the new car
> showroom has been the mecca for many men, and that was the beginning
> of the argument they presented in that article.  It then presented
> some opinions that the current mecca for young men is the electronics
> industry - The generation of today would rather have the latest cell
> phone and ride public transit.
>
> Here are a couple of links to similar columns, I could not find the
> same one again…
>
> 
> https://www.fastcompany.com/3027876/millennials-dont-care-about-owning-cars-and-car-makers-cant-figure-out-why
>
> 
> https://www.forbes.com/sites/lanceeliot/2019/08/04/the-reasons-why-millennials-arent-as-car-crazed-as-baby-boomers-and-how-self-driving-cars-fit-in/#46744bb163fc
>
>
>
> How can we, as current owners of these old gems, buck this trend?
> How can we generate interest by the younger generations in old cars 
> to
> at least maintain values?
>
> Eric Taylor
> 604-309-2268
> Corveric at me.com<mailto:Corveric at me.com>
> <image002.jpg>
>
> <image004.png>
>
> Our time is coming!
>
>
>
>
>
> Rod Murray
> Senior Director, Production and Game Presentation
> Pittsburgh Penguins
> rmurray at pittsburghpenguins.com<mailto:rmurray at pittsburghpenguins.com>
> Office: 412-255-1906 | Fax: 412-255-1980 | Mobile: 412-719-3449
> PPG Paints Arena | 1001 Fifth Avenue | Pittsburgh, PA | 15219
> 
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>
> -----Original Message-----
> From: Rod Murray <rmurray at pittsburghpenguins.com
> Sent: January 16, 2020 10:50 AM
> To: Eric Taylor <corveric at me.com
> Cc: virtualvairs at corvair.org
> Subject: Re: <VV FC's at Barrett Jackson at Scottsdale January 15th, 
> 2020
>
>
>
> Good of course!  What can possibly make value appreciation a bad 
> thing?
>
>
>
> Sent from my iPhone
>
>
>
>
>
>
>
> On Jan 16, 2020, at 11:32 AM, Eric Taylor via VirtualVairs
> <virtualvairs at corvair.org<mailto:virtualvairs at corvair.org> wrote:
>
>
>
> I see at least two FC's sold at BJ Auction at Scottsdale January 
> 15th, 2020.
>
> A yellow, very original, unrestored '62 Rampside went for $26K 
> +buyers
>
>  premium .  That one was owned by a close friend of mine until he
>
>  passed a few years ago here near Vancouver, Canada.  It has been in 
> a
>
>  collection ever since then.
>
> Also, a '61 Loadside fully restored and beautiful went for $39K
>
>  +buyers premium.
>
>
>
> Is it good to see prices increasing on these trucks?  Or bad?
>
> Eric Taylor
>
> 604-309-2268
>
> <mailto:Corveric at me.com Corveric at me.com<mailto:Corveric at me.com>
>
>
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