Hot Rods Deuce guys are in trouble

Are they real "Henry" 32's, or Brookville and glass ones?
I think the real ones will always hold their value.

 

I'd "settle" for a '33 5w...............

 

A real Henry 32-34 is always going to be a valuable car particularly if it still has a real Henry frame with a real Henry vin. In many states now unfortunately a Henry vin stuck on an aftermarket frame whether it has an original body or not is considered illegally registered. I've heard stories of a glass car on a repro frame with a real vin being confiscated. Same thing happening with kit cars unless they are "special construction". On the other hand a glass Cobra with a 65 Galaxy vin number isn't even close to being a Cobra, that is just asking for trouble. Too many laws and regulations in my book.

 

It also might be an early reaction to an oncoming recession. The economy has been in expansion for a record amount of time.

In 2007, way before the "big one", my business started tanking completely (custom made luxury items for upper income folks). I remember saying to one client, who was a finance guy, "geeze, this recession is killing me". He responded "the Fed hasn't announced any recession, what are you talking about?" A short time later, boom.

The past few months have seemed an awful lot like that again, the phone has stopped ringing again. Exactly the same.

I remember how low prices got for old cars then. Even nice collectible cars were a fraction of their values.

Maybe, instead of/ or in addition to interest declining for '32's, we might be seeing an early economic trend.

 

Seems the Tupperware cars would drop in value before the real ones though.

 

Blame it on Global Warming!
I build my cars for me. I like the early look the way I remember. That will always be in style because that is how it all started. At least until all us old bastards are dead and gone. Certain things turn me off but if the owner is happy then so be it. Did I say Global Warming? Yes I have two 32's!

 

This one just sold for a bit over 85K. I am searching completed listings too but I see quite a few that went well over 22K. The only ones I'm seeing that got sold cheap were fiberglass. The hobby is defintely moving on from fiberglass replica bodies (other than maybe lightweight drag applications), it has been for years.

http://www.ebay.com/itm/1932-Ford-O...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

 

Tupperware, that's funny. They have dropped in value massively. Today you can buy a "nice" glass car for a helluva lot less than building one. I have learned from the last few sales that no matter how nice it is I don't want to take in a glass car as I may have it for a long, long time unless I damn near give it away. Sad thing is those glass Ts are what made it possible for many of us to get into the hobby and they were fun.

 

Here's a pretty nice bare roller body that sold for $25.5K which is about what I'd expect one to bring.

http://www.ebay.com/itm/1932-Ford-O...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

 

Never understood the fascination in the first place; I'd rather have 6 Model A's.
And 5 windows are better than 3 ( sorry Larry)
And a '34 is so SEXY
And.....And.... it's just what I THINK! ( don't mean squat!)

 

Do you have any links to these cheap ones that sold recently? I'd be curious to see them.

 

Let me know when Willys coupes become affordable.

 

I can tell from Craigslist that nothing is moving. There is a recession in the hot rod sales right now. Prices went too high and now have leveled off.

 

The next big thing, at least around here anyway, is the 1940's hot rod look: black cars, black walls, very early hubcaps on black rims, very spartan interior, roadster or coupe with flathead and three speed.

R-

 

I'd think that the "real" 32 guys don't have a problem as most likely they don't view the car (s) as part of their investment portfolio and to them they are just the cool car they like to have and drive. The guys who bought them as investments hoping they would make big bucks on them in a few years and still drive them once in a while are the ones who may be hurting though.
I'd agree that the fad of the time brigade may have moved on to a new hot lick fad to throw their money at and that may be causing a bit of drop in prices. The same bunch that a few years ago all had hot boats, or Corvettes, then on to Harleys, then street rods or hot rods and now??????? I see a lot of wake boats in this area right now wonder if that is where they went.

 

Amen brother!

 

I've been saying this for a while... The 1932 market is over saturated and demand has falling somewhat recently.


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What? 1% maybe? Must be regional. I think most places have yet to see any expansion. Not in my area anyway.

 

Have you been living under a rock Larry Roller (3 window Larry) has passed on and is no longer with us. RIP Larry.

 

What? You mean that you can't get the HAMB up in heaven? What kind of cheesy internet access is that???

 

Bubbles "expand"....
Not sure if "are Deuce guys in trouble" is really the right question. Most guys under fifty cant even afford a house where I live, so the median age of car guys around here is probably somewhere around 65, and the balance of the curve is bias to the higher side of that number. I am one of the "young guys" around here, so fewer and fewer guys are building cars, "traditional" street rod or musclecar, and a high percentage are reaching the age where they are looking at winding things down so their kids wont have to deal with it after they are gone. More and more of this stuff is taking the shape of estate sales, it is what it is.
We are rapidly reaching the tipping point where there will be a lot more sellers than buyers, deuce, Chevelle, whatever. Parts are dropping faster than finished cars, but its a simple question of supply and demand. Anybody who is in denial about that is going to be in for a rough ride.
Theres a few guys like me on the tail end of this age-wise, that are having a great time building the cars they always wanted and never thought they'd have, so if you are one of those guys, enjoy, but you need to see it for what it is, and be honest with yourself. People aren't going to be lining up to buy your finished car ten years from now. It is what it is.

 

Love your sense of humour ........

 

When I read the title, I thought that someone with a '32 needed parts or advice.
I consider myself a deuce guy, and I can assure you that I am not in trouble.
THANKS for your concern though !

 

Even if they do come down in price, judging by the number of people on here who would like to have one, I'm sure that they won't be giving them away anytime soon.

 

Me neither. My business never went back to normal after '09, I've had to diversify and double up on working just to keep my family afloat. Every other person I know in the trades has the same story. Certain markets (antique furniture for instance), has been decimated and not returned. Storefronts are still empty. Tradesmen are still driving the family minivan with ladders on it. I feel totally left behind, I really do. I have a hard time understanding the economy.

My customers, on the other hand, seem to be OK, just scared to spend money. Just like in '08. They are all investment people, Dr's, etc.

But my experience is just empirical, (doesn't really describe how most people are doing, just me), the stock market, unemployment rate, retail profits, corporate profits are all good. Generally income is up over the US population. So the Fed uses all this "big data" to determine how things are.

I'm sure this is boring, sorry, but I still do think something like a falling price for something in particular (like a '32 Ford or a $15,000 built-in cabinet) can be a canary in a cold mine. I remember seeing in real time on CL, cars like tri-five Chevys drop to a fraction of what they were going for 2 years before. Your average old cruiser was 1/2. Seemed like anything that wasn't mission critical was getting thrown out of the balloon.

 

Cars just seem flat right now. Doesn't matter. They're all expensive and they all can be reasonably priced depending on your skill level and how much work you put in both in the build and beating the bushes for deals.

Building a model a or building a 32 costs about the same after the initial buy in for the body and frame. The rest of it is whatever you bolt and weld to it. Buy what you can get your hands on and build it.

Value of cars is important but very secondary to me. I love my 34 coupe and I hope it tanks in value and is never worth shit.

 

That's bcause of all the steel and fiberglass reproduction bodys out there, count in all the retired body wizzards out there who go through all maner of hell to save the original Henry bodies that there are still enough left of to be pieced together. This is just the latest example. http://www.jalopyjournal.com/forum/threads/the-32-nobody-wanted.1033822/

 

Pete's not a retired guy just a hard working New England boy with a vision. See here in the East you can't be a pussy about welding a car together.

 

People tend to be interested in what they grew up around, I'm in my 50's and was always one of the youngest people at the events in the 80's & 90's. Look at what has happened to the restored Model A & Model T market, it started booming in the 50's thru the 90's then all of a sudden they started dropping in price and more cars have come out of the woodwork as the collectors(or hoarders) have passed on. Muscle cars I figure will hold on tight for some time, as my generation and some younger than me messed with them as just used cars. In the antique market furniture such as Craftsman has dropped off, now the hot ticket in mid century stuff which no one wanted 10 years ago.

 

Me too. HRP