Interesting point Frank, and the ironic thing to me about all of this is we typically like frown when other hobbyists receive what we perceive as a large amount of money for their car yet we complain because we don't receive that amount for our own car.
It has been my experience that people who have disposable income to pay what some perceive as a large sum of money for "toys" generally did not get that way because they made unwise financial decisions in life. These people generally only spend the amount they have deemed as a value to themselves for their earned dollar. Is it fair for us to determine what is a prudent value for them to spend? After all, it was their money in which they spent to bring themselves pleasure.
Brent,
When I look at the cars and some of the prices I can't help but think the seller is upside down with the car if he had it professionally restored. Do you agree with that? I cannot see how a complete car can be disassembled, inspected, painted, chromed and upholstered for under 50,000. Some may say it should be higher. A restored good running Model A for under 20k should be considered a real bargain. But now the brakes need some attention. Ohh steel drums? Should replace with cast iron. Bad front wheel bearing. Easy fix. Ooops race is spun. D**** worn key way on rear axle. To do it right the restorer will easily have over $1000 doing that job himself. To send it out a significant portion of the cost of the car. Let's just hope you do not decide to powder coat the wheels as long as they are off.
I visited a collection last August and asked the owner if he bought the cars restored? He said I let someone else get upside down with them. And he had a Maserati he bought at B-J. As well as some Model A's.
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