Sky high car prices

700rpm

700rpm

Well-known member
I was astounded at the prices being asked for Model A's in the new Restorer. The average price for the 16 cars listed was about $19,800! :eek: It would have been higher without Pluck's AA and a bargain pickup in California. Excuse me now, while I go lock the garage!
 
Ray, I have been saying that prices are going up yet folks want to counter me. Finally even the "club members" are starting to realize it too!! :D
 
Yep, as the dollar becomes more worthless prices will go up.:mad:

I can still remember back about 67 or 68 when inflation was taking off and how quickly prices of most everything started rising at a high rate.:eek:
Luckily the gas and oil prices stayed pretty much the same, but at that time I didn't own a Model A.
 
A historical comment made is that an ounce of gold will "buy a good suit, a good meal and a good cigar."

With good suits running in the 700-800 range, a good meal in the 100 range and a good cigar running 50, this is still about on par.

When I bought my Model A, I probably overpaid a bit. At that time (1970s), a restored Model A was about the price of a cheap but serviceable new car - perhaps $4000?.

Probably much the same now. Average perhaps $15 grand for a restored Model A? And you can still get a Chevrolet/Ford/Hundai/Toyota for about the same price.

Although thanks to Quantitative Easing to infinity and beyond it's getting harder...

I think given a choice between buying gold or buying a Model A, I would choose the gold.

Even over a suit I don't wear, or a meal I can grow myself, or a cigar which I would keep as antique relic of a more indulgent age.

Joe K
 
Prices are going up in everything as the billion dollar bailouts trickle down. Add to that the "Quantitative easing" (Print more money) and you've got inflation, of course prices will rise. Every aspect of the world of restoration will get more expensive.
Terry
 
I'm with Bob-A...........

can we have some "real" facts here and stop dreaming............... :)

I saw what some of you tried offering for the nice phaeton on here, that the fella was trying to get a ballpark on-how soon we forget!
 
seems like stuff is always high, when I'm buying but the darn things are always on the cheap when I' m selling!

I guess it depends which side of the dollar you are on. old cars seem to settle into their own niche over time. It's something we really don't NEED to have so high prices seldom get met.

As George Clooney's character in 'Oh Brother, Where Art Thou?' said "Hard times flush the chumps.". Very true!
 
I have a friend that brought a 57 Chevy a few years back for just shy of $250K
He has money.
Nice guy. Lot's like him.
As an antiques collector I see prices respond not just of market forces but what's popular at the time.
Perhaps the "hot rod" boom made many move into the market before they are all gone.
Oak furniture used to be very expensive, tomorrow who knows, today firewood.

BTW Model T's are a bargain right now.
 
Would you guys quit talking about the new Restorer.
I'm still waiting for mine to arrive
 
Prices have gone up. Remember when the model A came out, who would of ever thought they would be worth , not double, triple or even quadruple. The price of bread has gone up to...... This is the same for all cars. G-man
 
prices may be high, but its still less than the cost that someone else payed to have it restored.
my sport coupe that i am selling right now is an older resto, but zero miles on it. i cant even get an offer on it, but a guy will buy a basket case that will be in the works for 2 years for $5,000 spend $20,000 on it to finish it and then be in the same boat as what he could have had for $9,000 less and drive it for 2 years
my .02
tk
 
i hope prices rise enough to get the 40k back i am putting into my lucy tudor restoration
not counting time and labor OUCH

if not i had fun doing it:D
 
I'm sure I'm not in the minority when I say that "If I had only known..." 55 years ago what I know now, I would still have my pristine AA 280A (that I paid $45 for) that would be worth $200K today.
 
In the early sixties when I worked in a grocery store, part time after school for thirty five cents per hour, a small loaf of Sunbeam bread was fifteen cents. I paid eight dollars for my first strip down model A in 1960. Things have really changed.

I've got to agree with Bob A Asking price is one thing, actual selling price is another.
 
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