1947 Ford Sedan

J

JAKEFORD

Senior Member
The last 1947 Ford I had cost me $150 and was a great car. I had a lot of fun and put on a lot of miles.

Now nostalgia has got the better of me. I found one for sale but the price is $15,000. I am confused as to why its worth that much. It looks the same as my old one. BTW I had no rust and no body damage.

What makes them so expensive?
 
Supply and demand...;) the car is 67 years old, you didn't say when you bought yours for $150.00 but, I bet in was in the mid '60's. I bought my first car, a '48 Ford TuDor Sedan in 1965, for $125.00, it was in really good shape for an 18 year old car and, at that time, that's all it was, an old car of little value. That was fifty years ago...:eek:
 
You're right. It was 1964 and the car was pristine. People than didn't drive very much! 22,000 miles and still smelled brand new.
 
I paid $5.00 that's right 5 bucks for my shoebox Ford in 1964 also, had a chance to buy a Forty Ford coupe for $50.00 but my Dad wouldn't let me spend that much, we ended up spending $50., for two new Pistons,rings,rod bearings and gaskets and freshened up the flathead right in the driveway, gee I miss the good old days.
 
As time goes by $15K will be top dollar for a 47 Tudor. Check ebay check the V8 Club classified section. The supply is strong for 41/48 Tudors if you shop around. OMO... Bill. On a side note I bought an original 47 Monarch ( CDN. Mercury) Convertible in 1964 for $250. Drove it for three years and sold it for $500. They only made 40 of those cars. It's in a barn now--not mine-- it will never be done by its present owner...
 
Flathead V8s are expensive for this Model A'er. I want one, but I am not willing to pay the freight - yet!
 
JAKEFORD said:
The last 1947 Ford I had cost me $150 and was a great car. I had a lot of fun and put on a lot of miles.

Now nostalgia has got the better of me. I found one for sale but the price is $15,000. I am confused as to why its worth that much. It looks the same as my old one. BTW I had no rust and no body damage.

What makes them so expensive?
Click to expand...

Ahh, memories!! I bought my 1st car ('47 tudor sedan) for $35 in Apr 1964. Drove it for 2 years and sold it for $35; thought I made out like a bandit. Still have pics of it! In Apr 2014, I bought a '48 (year I was born) tudor sedan street rod for slightly more. I've put almost 12k miles on it since then and have enjoyed every mile. As my wife told me when I first discussed the purchase with her; "You (me) deserve it and you can't take it with you". What a wise woman!!!!!
 
Dad bought "Old Henry" in 1959 for $100. He just hit a quarter million miles on Pikes Peak last weekend with Dad, who just turned 90, in the passenger seat!
 
Judging from the auction results we see on TV (Barrett-Jackson, Mecum, etc), selling prices are very low. Some cars sell for less than the cost of the paint job! Open cars still command more money, but two and four door models lag far behind. I bought my '47 convertible in 1995 and, so far, in all, have $27,000 spent just for restoration, even though our own shop did much of it. I didn't buy it to make money, but just because I wanted it. With today's new car and truck prices hitting above $40-50, 000, the current low prices for collector cars are amazing. That said, it seems to be an ideal time to buy a desirable car, as top specimens will likely never be priced lower (we hope).
 
The car that I am looking at is an original car with about 11,000 miles. It looks pristine including the interior. Also has all original documentation. It is not advertised and belongs to a friend of a friend. I think 15K is too much for a car that will probably need some work in the near future. But I guess the question is what is it really worth?

Back in the day (1963 or so) our neighbor bought a low mile sedan for $450 with about 8000 miles. He had to replace the radiator, tires, rear end seal and did some work on the transmission leaks. The engine was the only thing that seemed to not need work although he had an anti freeze leak later on.

I don't know and need some help.
 
No matter what you pay, or what the condition of the vehicle is, when you buy an antique car, if you intend to drive it you will be replacing parts, etc., as things wear out and/or go bad both from age and use.:( The saying in this and most hobbies’ is; if you want to play, you've got to pay... :eek: ;)
 
I agree with Vic. I'd never get my money back on the cars I have if I sold them. I enjoy working on them and driving them. That's the fun in it for me. I don't worry much about their values. As long as I'm enjoying the hobby, that's what I care about. If I like a car, have the money to spend and I'm comfortable with the price, I buy it.
 
On the high end but it could be worth it. If you aren't going to sell it does it matter if you paid a little too much for it? If the car has an interesting history sometimes that can be factor too. I have a 73 Thunderbird that was sold new by my dealership and traded in by the original owner five years ago. To me that's worth a little more than a car I don't know the history of. Any old car you buy you will put money in. I think it's a law?
 
Buy the car. Gather all the literature, (shop manuals. parts catalogues etc.) you can find, cause you're gonna need'em. Treat it well and in the end, leave it to someone that cares about it.
 
You must log in or register to reply here.
Back
Top