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Car Forum / Antique and Collectibles / Studebaker / January 2008Be calm my pounding heart!
http://cgi.ebay.com/ebaymotors/1937-COUPE-EXPRESS_W0QQitemZ220190468180QQihZ012Q QcategoryZ6466QQssPageNameZWDVWQQrdZ1QQcmdZViewItem How cheap could you have picked up a decent CE in the 1970's? Real cheap, I'd bet... Dave So. Ga. 62 Cruiser Worth every penny! (totally biased opinion <lol>).. Strange thing... Got a call from a non-Stude guy last night who was 'interested' in this CE. Wanted it for his 'weekend home' so he could tool around with the grandkids and go to parades and such. Sent an e-mail to the seller offering a lower price, thinking all cars on Ebay are always priced too high. Nice enough guy, but I told him that this CE would probably sell for that much money, even if sold elsewhere off Ebay. I asked him how tall he was, and how big he was. People either forget, or forget to consider how small the CE cabin really is. The 'outside' interest is definitely there. I hope 'cheap' and CE never cross paths <g>... Jeff "So. Ga. Cruiser" wrote... http://cgi.ebay.com/ebaymotors/1937-COUPE-EXPRESS_W0QQitemZ220190468180QQihZ012Q QcategoryZ6466QQssPageNameZWDVWQQrdZ1QQcmdZViewItem How cheap could you have picked up a decent CE in the 1970's? Real cheap, I'd bet... Dave So. Ga. 62 Cruiser I found out about the big part! Brought my '39 home and it sat for awhile then I went into tear down mode(bagging every part,marking each bag,taking multiple pics of every operation) It was during this part that I actually sat in the seat facing the dash.The truck became garage art at that point. Soon as I lose enough weight I'll put it back together.No...it isnt for sale;) Bob40. Worth every penny! (totally biased opinion <lol>).. Strange thing... Got a call from a non-Stude guy last night who was 'interested' in this CE. Wanted it for his 'weekend home' so he could tool around with the grandkids and go to parades and such. Sent an e-mail to the seller offering a lower price, thinking all cars on Ebay are always priced too high. Nice enough guy, but I told him that this CE would probably sell for that much money, even if sold elsewhere off Ebay. I asked him how tall he was, and how big he was. People either forget, or forget to consider how small the CE cabin really is. The 'outside' interest is definitely there. I hope 'cheap' and CE never cross paths <g>... Jeff "So. Ga. Cruiser" wrote... http://cgi.ebay.com/ebaymotors/1937-COUPE-EXPRESS_W0QQitemZ220190468180QQihZ012Q QcategoryZ6466QQssPageNameZWDVWQQrdZ1QQcmdZViewItem How cheap could you have picked up a decent CE in the 1970's? Real cheap, I'd bet... Dave So. Ga. 62 Cruiser "Nice enough guy, but I told him that this CE would probably sell for that much money, even if sold elsewhere off Ebay". Afew years ago it may have brought close to the money, but not now. Our country is in a deep recession and even the weathy people I know have cut back. I would say if you are trying to sell a collector car now and got a decent offer to take it and run!!! We are approaching a much more serious down trun that we have seen so far and it is going to get very ugly long before it gets better!!! > I found out about the big part! Brought my '39 home and it sat for awhile then I went into tear down mode(bagging every part,marking each bag,taking multiple pics of every operation) It was during this part that I actually sat in the seat facing the dash.The truck became garage art at that point. Soon as I lose enough weight I'll put it back together.No...it isnt for sale;) > [quoted text clipped - 18 lines] > So. Ga. > 62 Cruiser Huh? Stupid money knows no economic timeframe. (One look at Barrett-Jackson will tell you that) I get a kick out of all the people that believe all the doom and gloom spewed at them. And now, in an election year, it will get even worse. Preparation for a 'normal' economic cycle is not a reason to 'cut and run' from a 'hobby'. The only thing disconcerting is the external manipulation of the normal economic cycle. When times are real good, then the prudent save for when the times are bad. Some consider this effort to put away funds in savings as a harbinger of economic doom. I disagree. I am optimistic about my future. Not everyone else's.. Just mine. I am doing everything I can to save, and prepare for a decent economic future....for me and my family. Saving money is not a certain indicator of recession. It is a prudent thing to do any time, but more so just past peak on an economic cycle. But, those that continue on their debt incurring ways will have to face the piper...sooner or later. I hope this CE goes for more than that. I really do. It will help me convince myself that the money I threw into my project was not wasted. Personally, I think the smart money will be waiting... Waiting out there to snap up the deals out there offered up by those that either panic, of find themselves between a rock and a hard place financially. Serious downturn? You betcha... We have allowed our elected officials to spend us into a hole. Now we are enslaved to their programs. How best to prepare for this event? Vote 'em out. Vote for the Flat Tax. Uh oh... Sliding inexorably toward that inevitable off topic political side... I'll quit now... "Michael - Roseland FL" wrote... > Afew years ago it may have brought close to the money, but not now. > Our country is in a deep recession and even the weathy people I know > have cut back. I would say if you are trying to sell a collector car > now and got a decent offer to take it and run!!! We are approaching a > much more serious down trun that we have seen so far and it is going > to get very ugly long before it gets better!!! > Jeff wrote: > "Nice enough guy, but I told him that this CE would probably sell for > that much money, even if sold elsewhere off Ebay".  SignaturePosted via a free Usenet account from http://www.teranews.com There was a drop last year at Barrett Jackson and there will be again this year Jeff. All I am saying is that collector car values are lower from this time last year due to the economy and the economy will get a lot worse before it gets better. Abandon the hobby? Who said anything about that? > Huh? > Stupid money knows no economic timeframe. (One look at Barrett-Jackson will [quoted text clipped - 49 lines] > -- > Posted via a free Usenet account fromhttp://www.teranews.com http://finance.comcast.net/www/news.html?x=http://www.comcast.net/data/news/2008 /01/13/859553.xml On Jan 13, 12:15 pm, Michael - Roseland FL <studefana...@earthlink.net> wrote: > There was a drop last year at Barrett Jackson and there will be again > this year Jeff. All I am saying is that collector car values are [quoted text clipped - 55 lines] > > -- > > Posted via a free Usenet account fromhttp://www.teranews.com Do you think it is a normal adjustment in the cycle, but adjusted for inflation? Just thinking out loud. "Michael - Roseland FL" wrote... > There was a drop last year at Barrett Jackson and there will be again > this year Jeff. All I am saying is that collector car values are > lower from this time last year due to the economy and the economy will > get a lot worse before it gets better. Abandon the hobby? Who said > anything about that? SignaturePosted via a free Usenet account from http://www.teranews.com It is a combination of factors all leading back to the housing market that all stem to greed. > Do you think it is a normal adjustment in the cycle, but adjusted for > inflation? [quoted text clipped - 10 lines] > -- > Posted via a free Usenet account fromhttp://www.teranews.com First results for Studebakers at Barrett Jackson 2008 are in (all stock cars) 48 M5 Pickup $34,000 87 Avanti $30,000 31 President 4 seasons $110,000 61 Champ T cab $24,000 Not all that soft in my opinion. >>> There was a drop last year at Barrett Jackson and there will be again >>> this year Jeff. All I am saying is that collector car values are [quoted text clipped - 3 lines] >> -- >> Posted via a free Usenet account fromhttp://www.teranews.com SignatureJP/Maryland Studebaker On the Net http://stude.com My Ebay items:http://www.stude.com/EBAY/ 63 R2 4 speed GT Hawk 63 Lark 2 door 62 Lark 2 door 60 Hawk 58 Scotsman 53 Starliner 52 Starliner 51 Commander 39 Coupe Express 39 Coupe Express (body) Geeeeez.... I've tentatively sold my '64 T-Cab for $3k.. Of course, it needs everything.. JT > First results for Studebakers at Barrett Jackson 2008 are in > [quoted text clipped - 12 lines] >>>> get a lot worse before it gets better. Abandon the hobby? Who said >>>> anything about that? More news on the "soft market": " From the RM Auctions sale at the Arizona Biltmore, the 58 Packard Hawk was hammered sold at $67,500 plus fees." > Geeeeez.... I've tentatively sold my '64 T-Cab for $3k.. Of course, it > needs everything.. [quoted text clipped - 17 lines] >>>>> get a lot worse before it gets better. Abandon the hobby? Who said >>>>> anything about that? SignatureJP/Maryland Studebaker On the Net http://stude.com My Ebay items:http://www.stude.com/EBAY/ 63 R2 4 speed GT Hawk 63 Lark 2 door 62 Lark 2 door 60 Hawk 58 Scotsman 53 Starliner 52 Starliner 51 Commander 39 Coupe Express 39 Coupe Express (body) Yes, over $74K with fees. Not a bad retturn on a 30K investment 3 years ago, considering what some of my investments have done. > More news on the "soft market": > [quoted text clipped - 40 lines] > 39 Coupe Express > 39 Coupe Express (body) I think that the whole economy is going to take a dump to the extent that most of us will have never experienced. Too many negative factors in the mix. JT > Do you think it is a normal adjustment in the cycle, but adjusted for > inflation? [quoted text clipped - 7 lines] >>get a lot worse before it gets better. Abandon the hobby? Who said >>anything about that? Well, there is a 62 GT on ebay needing a interior that has a 16K bid which is way over normal market value, but the 20K plus job is still bidless. I have seen no softness in prices yet. As I said, I'd expect to find lower prices for me to pay, but so far, they are higher then ever. > There was a drop last year at Barrett Jackson and there will be again > this year Jeff. All I am saying is that collector car values are > lower from this time last year due to the economy and the economy will > get a lot worse before it gets better. Abandon the hobby? Who said > anything about that? SignatureJP/Maryland Studebaker On the Net http://stude.com My Ebay items:http://www.stude.com/EBAY/ 63 R2 4 speed GT Hawk 63 Lark 2 door 62 Lark 2 door 60 Hawk 58 Scotsman 53 Starliner 52 Starliner 51 Commander 39 Coupe Express 39 Coupe Express (body) Evidently there are a lot of sellers that think there cars are worth way more than the value John. I see this all the time on the EBAY listings. > Well, there is a 62 GT on ebay needing a interior that has a 16K bid > which is way over normal market value, but the 20K plus job is still [quoted text clipped - 21 lines] > 39 Coupe Express > 39 Coupe Express (body) Yes, but my point was that the 16K overpriced Hawk had a bid in this economy. > Evidently there are a lot of sellers that think there cars are worth > way more than the value John. I see this all the time on the EBAY [quoted text clipped - 24 lines] >> 39 Coupe Express >> 39 Coupe Express (body) SignatureJP/Maryland Studebaker On the Net http://stude.com My Ebay items:http://www.stude.com/EBAY/ 63 R2 4 speed GT Hawk 63 Lark 2 door 62 Lark 2 door 60 Hawk 58 Scotsman 53 Starliner 52 Starliner 51 Commander 39 Coupe Express 39 Coupe Express (body) Well, you ALMOST managed to not go political. Almost is pretty good, ain't it? Mark (top posting to piss off those that it does) Dunning > Huh? > Stupid money knows no economic timeframe. (One look at Barrett-Jackson [quoted text clipped - 48 lines] >> "Nice enough guy, but I told him that this CE would probably sell for >> that much money, even if sold elsewhere off Ebay". The only trend I've noticed is I have not been able to buy a bargain Studebaker in 3 months. They all seem to be priced way above what I feel is retail. i.e, a 16K GT Hawk that needs work, decent ones over 20K on ebay. The CE is worth the money, but his high starting bid might kill his auction. > Huh? > Stupid money knows no economic timeframe. (One look at Barrett-Jackson will [quoted text clipped - 46 lines] >> "Nice enough guy, but I told him that this CE would probably sell for >> that much money, even if sold elsewhere off Ebay". SignatureJP/Maryland Studebaker On the Net http://stude.com My Ebay items:http://www.stude.com/EBAY/ 63 R2 4 speed GT Hawk 63 Lark 2 door 62 Lark 2 door 60 Hawk 58 Scotsman 53 Starliner 52 Starliner 51 Commander 39 Coupe Express 39 Coupe Express (body) http://cgi.ebay.com/ebaymotors/1937-COUPE-EXPRESS_W0QQitemZ220190468180QQihZ012Q QcategoryZ6466QQssPageNameZWDVWQQrdZ1QQcmdZViewItem How cheap could you have picked up a decent CE in the 1970's? There was a complete, relatively rust-free CE in a wrecking yard in Hayward, CA in about 1970. They wanted what I thought was a ridiculous $400 for it. Ridiculous because a Sequoia Chapter member had bought one from an almond farm and drove it home for less than that. In the later mid-'70s a '38 was advertised in San Diego for $1600. Paul Johnson |
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