Go Back   The Ford Barn > General Discussion > Early V8 (1932-53)

Sponsored Links (Register now to hide all advertisements)

Reply
 
Thread Tools Display Modes
Old 03-04-2023, 12:26 PM   #1
DavidG
Senior Member
 
DavidG's Avatar
 
Join Date: May 2010
Location: southeastern Michigan
Posts: 10,601
Default Re: 1931 Duesenberg Model J was hidden in garage

The mention of Leo Gephart along with Duesenberg brought back the memory of when in 1968 I bought the '32 station wagon that is in my avatar photo. Leo was then located in the Dayton, Ohio area and he had two unrestored '32 woodies for sale. While I was at his place deciding on which of the two to purchase, Leo said he had a better idea. Apparently he was a little short of cash at the time and he took me over to another one of his buildings and said "you should buy this instead". "This" was a mint original Derham-bodied '29 Model J convertible sedan, far too nice to restore. For a mere $25,000 I could drive it home instead of towing a trailer home with a worn out '32 Ford station wagon on board. I did drive the Duesenberg around the block thinking I will never be offered the chance again in my lifetime and that proved to be true. The station wagon was $1,200 and the difference between that and $25,000 was like night and day for someone who just borrowed money from his parents to buy his first home.

Last edited by DavidG; 03-04-2023 at 01:10 PM.
DavidG is offline   Reply With Quote
Old 03-04-2023, 12:43 PM   #2
Kube
Senior Member
 
Kube's Avatar
 
Join Date: May 2010
Location: Wisconsin, USA
Posts: 9,850
Default Re: 1931 Duesenberg Model J was hidden in garage

Quote:
Originally Posted by DavidG View Post
The mention of Leo Gephart along with Duesenberg brought back the memory of when in 1968 I bought the '32 station wagon that is in my avatar photo. Leo was then located in the Dayton, Ohio area and he had two unrestored '32 woodies for sale. While I was at his place deciding on which to the two to purchase, Leo said he had a better idea. Apparently he was a little short of cash at the time and he took me over to another one of his buildings and said "you should buy this instead". "This" was a mint original Derham-bodied '29 Model J convertible sedan, far too nice to restore. For a mere $25,000 I could drive it home instead of towing a trailer home with a worn out '32 Ford station wagon on board. I did drive the Duesenberg around the block thinking I will never be offered the chance again in my lifetime and that proved to be true. The station wagon was $1,200 and the difference between that and $25,000 was like night and day for someone who just borrowed money from his parents to buy his first home.
Thanks for sharing, David! Wow, neat memories, huh? Ya know, at the time of that Duesenberg "flip", my share of the profit, $5000, was a lot. I was making $1.10 / hour at the local burger place.
__________________
"I can explain it for you. However, I can't understand it for you".
Kube is online now   Reply With Quote
Sponsored Links (Register now to hide all advertisements)
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Sponsored Links (Register now to hide all advertisements)


All times are GMT -5. The time now is 11:41 AM.