Model A Marketplace questions.

I agree with many above ebay prices are over inflated and pricey yet it also
gives you idea of what a automobile will sell for...some sellers there just get a mindset they want a certain price and stick to it....I have seen some automobiles for sale for 2 years and it gets to be very entertaining......I also belief if there's an "A" you really want you should pay the price and enjoy it!
 
I believe that the most sought after antique cars, will be the ones that are nostalgic to the 50 year old guy, who finally has some disposable income.
You look at the "T", "A" & Flathead Ford owners and we are all white headed. The younger generation is going for the muscle cars.
This is in general. There are, of course, many exceptions, but NOSTALGIA is the key.
MIKE :)
 
I guess I am not the "typical" Model A Owner. I did not grow up driving a Model A. I am 50 years old. I currently only own one Model A. I bought my first Model A when I was in my early 30's. I have owned 4 Model A's since I got started in the hobby. I also own some other collector cars, but my Model A is my primary hobby car.

The economy is down and sales prices are depressed due to the overall economy. Don't give up on the younger generation. My 12 year old daughter is interested in the hobby and had already told her 22 year old brother that she participates in more old car events than he does so she is going to inherit my Model A.

The hobby is alive and well. A portion of the next generation will continue to be interested in Model A's as long as they are exposed to the hobby.

I have both bought and sold cars over the years on Ebay. Ebay can be a place to get a good deal on a car but you do have to be very careful. Inspecting the car before purchase is obviously the best idea for an Ebay purchase. Local car clubs are a great place to find leads on potential cars to purchase. That is how I located three of my four Model A's over the years, including my current Model A.
 
Virtually every transaction in life is, at it's core, an auction. When you interview for a job the prospective employer bids X dollars for your skill. You either accept or reject, perhaps counter bid/offer, and he has the choice to accept or reject. He bids too low, you withhold your "sale". You overprice yourself, no takers.

If you're a brilliant inventor who developes the world's best widget, but you're a horrible marketer (which many very creative inventors are) and nobody learns of your remarkable device, no takers and you fall on your face.

There's a difference between a market and a marketplace. That's probably a difference without a distinction for those who aren't actually involved in making a transaction occur. But if it affects your livelihood not recognizing that will extract a cost from you. Ebay is a marketplace, Barret-Jackson is a marketplace, the swapmeet is a marketplace. Buyers and sellers are the market. In the next week or so we'll hear commentary about how "B-J is causing higher (or maybe lower) prices", or some such. Baloney! All they really do is host an event that brings buyers and sellers together. Now, no denying they interject some fabricated excitement to induce each party to react, but if either or both party chooses to sit on their hands B-J can't make the transaction happen (of course fraud exists in all parts of life, but again, it's up to the buyer and seller to educate themselves to avoid that). And the fact that it's on national cable TV "informs" casual observers of the price of certain transactions. The "problem" occurs when those ignorant about the complex circumstances that determine value (condition, rarity, desirability, number of buyers pursuing an object,....you know the list) try to overlay that information onto items they THINK are the same, but in reality are VERY different to the well informed.

Ebay is functionally a hybrid. It tries to appear like a live auction, but more resembles a classified ad. If you view it in that context you'll recognize it as the biggest classified ad format on the planet. From a marketing standpoint you get the most "eyes" which should mean you have the best chance to sell an item for the best price. Of course you're still subject to the realities that you're realistic on your pricing expectations, you've presented it when your potential "ideal" buyer is looking, and you've done a good job of demonstrating it's value. As an example of doing it wrong, this weekend I bought a part for $37 that often sells on ebay or the HAMB for around $150. The seller posted it without the brand name in the title (which is probably the primary search criteria for other potential buyers) and his entire description was literally "What can I say, it's old technology". The sellers on ebay are no more accurate or inaccurate in their descriptions than those who list in your local newspaper or on craigslist. I'll bet every single person reading here has at least one story about a "treasure" they found in an ad that was described beautifully and turned out to be a turd.

As for the future size of the Model A market, it's silly to believe it won't shrink. Of course it will still be around to some degree. Anecdotes like "I see lots of younger people......." are nice, true (depending on what "lots" really means), but not all that reliable. Yeah, I'm helping out some young guys in my area too, and am tickled they share my interests. But for every one of them getting on board, there are probably 10 of us old goats dropping out for the obvious reasons. That's not an effective formula for continued growth or even stability. Now, none of that really means anything if you intend to leave all the outcome of that to your heirs to live with. And as said above.................it is just a hobby.:)
 
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When I was a kid, my Dad thought "we" should get a model A. Got a couple, but at 14 I was reading the "little books". Got a 32, then amnother, made one and sold off the other. %% olds engine,etc,etc, then many V8 fords, bought and sold almost on a weekly basis. Then a 32 model B 4 dr, had the coupe,sedan and a 60 chev while stationed in newport, RI, drove a diff onee each day. Got discharged and got a 40 coupe (w/olds eng). Sold the sedan and chev, kept the 32 and 40 til 72, but still had the "itch". Finally got an A last spring, it was affordable, but would have liked another "hot rod". Plan on keeping this one for a while, having too much fun.
Paul in CT
 
Thanks guys for the thoughts on this subject. Many of your comments are very comprehensive on the subject.

I have been educated on what a "hobby" is and how to look at it from a financial standpoint. My thoughts were that after you have rebuillt old Uncle George's Model A (which I did) to "keep it in the family" then you should look at the "hobby" as a financial investment or at least don't loose to much money with it. Well your comments have shown me what a hobby really is. Guess I could be out on the golf course every weekend dropping 100 bucks (or more if I bet on the outcome of the game) and spend as much money over the years on that type of hobby.

So thanks again for the comments. And I hope maybe your comments have helped other A'ers like me think through their Model A "hobby".
 
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