RE: [BaadAssGremlins] 74 Gremlin for $13600

[AMC74HORNET@xxxxxxxxx]

Well I guess I am a hobbiest then because rather than let a nice car sit
in a garage and not show it like most collectors I choose to I drive
mine. The perfect example is Steve Green. You never see any of his cars
at a show or even to a local cruise night and there are 3 every week
within 5 miles of his warehouse. I know because I go and his warehouse
is 6 blocks from were I live. On restored cars you never make your money
back and also not on hot rods or customs, even the Foose and Coddington
cars. Check out the Barrett Jackson auctions. Unless it is a charity car
and then it is probably written off tax wise. 
At least I can say Jay Leno drives his cars.
"Doc"



 
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--- Begin Message ---

• From: "John W Rosa" <JohnRosa@xxxxxxxxxxxxxx>
• Date: Mon, 1 May 2006 17:28:10 -0400

Doc,

The cheapest new cars are floating around $15,000.
I don't think any 30-year-old MINT car with 1200 miles on it
is priced 'too high' at $15000...not even a Vega! Try
restoring(1) one for that much. The way I see it, that car
pulled a price it should have years ago. Collectors (as
opposed to hobbyists) want 'original cars', not the 'whatever
it has, yank it and stuff a V8 in it' cars. It can only be
'original' once. Once altered, it will forever be a custom,
modified, repaired...etc, car. The originals will always
bring the bucks. The value of cutoms is usually a matter of
totalling the value of the best pieces of it and deducting
wear. Thus, a custom rarely sells for more than you've put
in it. Rare exceptions would be cars built by famous customers,
like Coddington or Foose. Originals work opposite. The less
changed, the more the value climbs as time marches on.

(1)= Returning to original condition...not repairing and
customizing.

John W Rosa
www.JavelinAMX.com

1971 AMC Javelin ADPS 401 (police car)
www.javelinamx.com/JavHome/jwr/71ADPS/

-----Original Message-----
From: BaadAssGremlins@xxxxxxxxxxxxxxx
[mailto:BaadAssGremlins@xxxxxxxxxxxxxxx] On Behalf Of
AMC74HORNET@xxxxxxxxx
Sent: Monday, May 01, 2006 4:50 PM
To: BaadAssGremlins@xxxxxxxxxxxxxxx
Subject: Re: [BaadAssGremlins] 74 Gremlin for $13600


15,000$??? Isn't that a bit much even for a mint gremlin? Maybe AMC's
popularity has gone up with the big money prices of other brands these
days or just a few die hard AMC people wanted it.


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