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Car Forum / Antique and Collectibles / Studebaker / November 2007Selling out of studes
Selling Large Studebaker Collection. Cars and parts. 12 Cars and 1 truck and Huge inventory of NOS and Used parts. Cars are 4 Packard Hawks, 1 GT Hawk, 1 48 Land Cruiser. 1 55 Commander, 1 51 truck, 1 63 Lark, 2 Pontiac Fieros, ! 79 Mustang Pace car, 1 79 Ford Pace truck. Parts to numerous to even try to list. Serious inquiries should contact me at coolinit@roadrunner.com or call me at 502-600-1213. These all in Lawrenceburg, KY? On Nov 24, 8:15 am, cooli...@roadrunner.com wrote: > Selling Large Studebaker Collection. Cars and parts. 12 Cars and 1 > truck and Huge inventory of NOS and Used parts. Cars are 4 Packard > Hawks, 1 GT Hawk, 1 48 Land Cruiser. 1 55 Commander, 1 51 truck, 1 63 > Lark, 2 Pontiac Fieros, ! 79 Mustang Pace car, 1 79 Ford Pace truck. > Parts to numerous to even try to list. Serious inquiries should > contact me at cooli...@roadrunner.com or call me at 502-600-1213 This sounds like Winston Grafton's stuff? Bo Selling Large Studebaker Collection. Cars and parts. 12 Cars and 1 truck and Huge inventory of NOS and Used parts. Cars are 4 Packard Hawks, 1 GT Hawk, 1 48 Land Cruiser. 1 55 Commander, 1 51 truck, 1 63 Lark, 2 Pontiac Fieros, ! 79 Mustang Pace car, 1 79 Ford Pace truck. Parts to numerous to even try to list. Serious inquiries should contact me at coolinit@roadrunner.com or call me at 502-600-1213. Yes, it is the Grafton family. He wants major bux for it , but it may be a good deal for you, Bo, depending on how much good NOS is involved and the conditions of the cars. He is going to have to be willing to sell at far below the actual value of the stuff to move it as a package deal, which is what he wants to do, so it may well worthwhile for someone with deep pockets, lots of storage room, and a good truck & trailer. If the cars are all in #1 or 2 cond., it would be like getting the parts inventory for nothing, but that is a big IF. Barry'd in Studes(already) > This sounds like Winston Grafton's stuff? > [quoted text clipped - 6 lines] > Parts to numerous to even try to list. Serious inquiries should > contact me at coolinit@roadrunner.com or call me at 502-600-1213. Replying to myself: Grafton has 4 good unrestored Packard Hawks and a pile of parts for them, but Packard Hawks have not been making reserve on ebay in recent months, & it would take a long time to sell 4 unrestored ones off at any kind of decent price. It is a thin market, & just a few cars could flood the market. They would be good investments for someone with the youth & bux to buy and hold long term, though. The value of the 13 vehicles is probably in the $70-90K range, so there would have to really be a huge quantity of prime parts to leave a sufficient profit motive for any dealer to spend the huge amount of time & money handling such a collection will require. (I have no doubt that there is a great deal of quality parts there, though) Adding Fords & Pontiacs to the mix probably lowers the value of the bunch, and he is probably dreaming if he thinks he can sell all of the cars & parts together for more than a third of their retail value. Dealers do not buy wholesale lots at retail prices. It is more than I could swallow by myself at any price. I wish them well and encourage them to take their time and sell their treasures off incrementally or hire a reputable auctioneer. If they go that route, I will be glad to attend to make sure nobody buys anything too cheaply. lol. BH > Yes, it is the Grafton family. He wants major bux for it , but it may be a > good deal for you, Bo, depending on how much good NOS is involved and the [quoted text clipped - 12 lines] > > > > <coolinit@roadrunner.com> wrote in message news:c7c34256-8862-4489-ade2-7257b6c6527e@w34g2000hsg.googlegroups.com... > > Selling Large Studebaker Collection. Cars and parts. 12 Cars and 1 > > truck and Huge inventory of NOS and Used parts. Cars are 4 Packard > > Hawks, 1 GT Hawk, 1 48 Land Cruiser. 1 55 Commander, 1 51 truck, 1 63 > > Lark, 2 Pontiac Fieros, ! 79 Mustang Pace car, 1 79 Ford Pace truck. > > Parts to numerous to even try to list. Serious inquiries should > > contact me at coolinit@roadrunner.com or call me at 502-600-1213. Nope, not for me. Winston's a nice fellow and I hope it works out for him. But, trying to be realistic about this stuff. I don't think any businessman can afford to buy the stuff at the listed price (very definately high retail), haul it, store it, inventory it and hope to make any money off it. Thus the primary investment incentive is wiped out. I think JP probably has it right. Atlantic City at 3-1 odds is a much better investment! Bo I believe you are right. I haven't seen the cars or the parts, but if it is all really worth the $175K asking price, he will be doing well to get 75K out of it on a prepaid package deal. Someone will probably come by in a year or 3 and catch him in a selling mood and walk away with it for a ridiculously low price, and then make a killing on it. BH > Nope, not for me. Winston's a nice fellow and I hope it works out for him. > But, trying to be realistic about this stuff. I don't think any businessman [quoted text clipped - 4 lines] > > Bo |
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