Has the price of rodz gone up that much? I bought several "driving" rodz from 500.00 to 2500.00. 53 Buick 2dr sedan, 52 Hudson Hornet twin H, 36 ford 2dr sedan (wasn't running but in good shape) and 67 riv. All in the past 6 years. Now that I wan to buy buy another one I can't find one in that price range. Just wondering what everyone else thought. Maybe it cause of the well off baby boomer spending millions at these auctions? The price to build one? Inflation? Internet (now everyone can see what everyone else is getting)? Or me just being cheap? I'm just in a strange place in life for a "cool" car. Too old for the "fast and furious" scene and to young to afford a rod. I know I should wait, but I've been waiting...and they seem to get even more expensive as I wait. Well, with the kids and wife in school maybe I should wait. Humm. Sorry all, just venting. Bad day at work (trying to get "bear claw" latches to work with original style interior/exterior handles and locks to work on a customers 48 Hemi DeSoto not good) and a bad day looking for my next ride. Matt
Theyz are Nutz fo shure. Rodz ain't what the uzed to be. Back in da dayz I uzed to buy all kindz of neat rodz, now I juzt can't afford the gaz even.
As part of the new millenium who-ha back in 2000, a Federally mandated moratorium was put in place on collector car prices. As this was a 5 year plan, the moratorium was only lifted this past January, the result being the mess we're in now.
I think there are several things going on. First,it's always been about supply and demand.There are fewer and fewer original cars left and more and more Baby Boomers reaching an age where their kids are grown and they have money to play with. Second,with the Internet and e-bay,a lot of people who might otherwise sell "just and old car" cheaply,now look arund to see what their car's worth and this just keeps escalating prices. The market's about what the traffic will bear-I was just looking at a 1966 isue of HotRod and there were several really nice rods inthere-fully chromed and finished-advertised for $3500-5000. Those were the good old days-until I remember I was making $1.99 an hour.
ZZZZZZZZZzzzzzzzzzzzzz ! $$$$$$$$$$$$$$$$$$$$$$$$$$$$$ zzzzzzzzzzzzzzzzzzzZz and thats all i got to say about that.
Do you let high asking prices scare you away? Sometimes it takes months for the $$$$eyed seller to wake up to reality. My friend recently just bought a very nice P/U for nearly half the original unrealistic asking price. He waved his offer in cash in front of the seller. The seller called back and he got it for 500 more. It was a no sale on Ebay and spent some time on a collector car site. If you can resist the temptation to call the seller names, make a reasonable cash offer, leave your number and you would be surprised at how many call backs you'll get. The seller usually over estimates the demand from qualified cash buyers. 20 years ago I bought a nice 64 Catalina convt. They were asking 3Gs when I suggested 800.00 he almost walked away. When I said I brought cash, he said let me get my wife. I got it for a thou. They get tired of the tire kickers and trade artists too. "All I have to do is sell my motorcycle and 2 other projects" etc. etc. My problem is I'm the unqualified buyer for the cars that I'm interested in.
I only paid $1k for mine on eBay last march, but if it had red wheels it woulda brought mo, fo sho. geezup. hose down. holla!
Apparently the price of the letter z hazn't gone up at all. I've got a '53 Chevy 210 four door I'll sell for $800. You can make it into a two door sedan with the right parts. Sound like what you're lookin' for?
Couple things working against us, sure the internet and ebay has narrowed the market place, But the knee jerk reaction to Barret Jackson goes bonkers after a televised auction,.. ( let's see that guy just got $190,000 for that 68 Shelby GT 500 KR,... so my 68 6 cyl. Mustang coupe must be worth $35,000 ! right ? I mean it only needs a full restoration and floor pan's ) so everyone that has ever planed on owning a certain car sees the prices rocketing into the stratosphere and pays the stupid money to get one before they "really" can't afford it. and it just continues to self propetuate.
The internet has created more liquidity-not changed the fundamental supply and demand of the car and parts market. Yes it is true that since the advent of the internet most of the rock bottom bargains are gone but also the totally overpriced local stuff tends to get in line with the market.
yeah, i should have kept the Hudson, I even know where its at..only 9 blocks away sitting outside. But now he want 5k and it doesnt even run anymore. Well off drunk on champain baby boomers at auctions seem to be the problem. 1-2 million for a Mopar you were lucky to get 30k for 5 years ago. Come on. I think I should just save my money and open a shop. But whats the better investment...the shop or the Mopar LOL.
Ya, but ze price of z is still low, so people can afford to use it without posting stupidass bitch threads about how much it costz.
What ever goes down in this world besides my salary. Sonner or later everything thats cool or fun cost too much.
Like dude, you TOTALLY zhould zave your moneyz and open your own shop! Cuzzz everyone who ownzzz a buzzinezzz iz RICH az fuk and can afford any rodz dey wantzzz, yo!! You could call it Dude, Where's My Rodzzzz!!! Leave the keyboard alone and get back to your bong.
Yeah OK. LOL. Put down the bong and pick up the crack. No really, since working at a rod shop for the past 9 years. I have several nice rods under my belt. Too bad they're just not mine. Long story short, I have several offers on the table. One is having a 24% share in an existing shop or opening one up with an associate.Still think the Mopar would be the better investment
Asking prices seem to be up, but from where I see it, cars are actually selling for not much more. A lot of it is the inability for some of us to ignore the "asking price" and simply take out the cash, lay it on the table, and let the seller sweat. 1. Make a list of the cars you know about, prioritize the list. 2. Go look. 3. Don't discuss money with the seller, discuss what you see wrong with the car you're looking at. Let the seller do the talking. 4. When you fall in love with a car, don't let it show. Figure out what you are willing to give, go get it in greenbacks, ONLY that amount in your pocket. Then go back and pussy-foot around the deal, don't ask any questions, just get the money out, count it in front of the seller and make it clear that's your firm offer. Let it be known where this car fits on your list of others you are looking at. Then give your phone number and go home. Ten to one, you'll be getting a call in a day or two.
Man, There is a lot of truth to that statement! No lie, It seems when I put a car up for sale, It just takes so long to move, But if I want to buy, I can't come up with money fast enough.
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