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08-22-2019, 12:06 PM | #1 |
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1934 Deluxe 3 Window
I know many on this site are interested in car values and how the prices for the old cars we love seem to be going down. I saw this 1934 3 Window sell on Mecum Monterrey on TV last night for $69,000. Looks like a pretty original car other than the dual exhaust, and in very good restored condition. Is this more or less than you would expect?
https://www.mecum.com/lots/CA0819-38...-window-coupe/ |
08-22-2019, 12:34 PM | #2 |
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Re: 1934 Deluxe 3 Window
A '34 three window in that condition is top dollar. Seems about right. That is why I drive a '41 business coupe; almost as pretty but half the price for the same condition.
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08-22-2019, 12:42 PM | #3 |
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Re: 1934 Deluxe 3 Window
The buyer's premium (commission) would put the total in the mid 70s.
Last edited by DavidG; 08-22-2019 at 01:09 PM. Reason: correction |
08-22-2019, 12:52 PM | #4 |
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Re: 1934 Deluxe 3 Window
Mecum is 8%. I saw the car in person, and have restored, owned many. It was a very nice one. The hammer price is what I would expect for a pier to pier sale. This being said, definitely about 10k lower than even from early 2018.
Note the 34 Cab that was in the same auction was in much finer detailed condition and hammered for 49k. Again, a huge price drop that I do not see ever coming back up. And the seller gets 8% less than the hammer price, NEVER buy or sell in an auction. |
08-22-2019, 01:42 PM | #5 |
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Re: 1934 Deluxe 3 Window
The Buyer pays 8% on top of the hammer price? Wow!
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08-22-2019, 10:55 PM | #6 |
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Re: 1934 Deluxe 3 Window
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08-22-2019, 11:14 PM | #7 |
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Re: 1934 Deluxe 3 Window
Wow, what a beautiful car sold for a very reasonable, under value price. |
08-23-2019, 05:31 AM | #8 |
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Re: 1934 Deluxe 3 Window
This one is for sale in New Zealand on our local equivalent of Ebay
I think the current rate of exchange puts the asking price at $US 128,000 Must be really good ! https://www.trademe.co.nz/Browse/Lis...?id=2241742938
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08-23-2019, 07:46 AM | #9 |
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Re: 1934 Deluxe 3 Window
Here is a picture of that honey of a car just sold by Mecum Auctions. Lovely. |
08-23-2019, 07:55 AM | #10 |
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Re: 1934 Deluxe 3 Window
Here is a picture of the 1933 Ford Deluxe Three Window Coupe for sale in New Zealand for NZ$200,000. Wow. Sure makes the Mecum Auctions 1934 For an absolute bargain. |
08-23-2019, 09:14 AM | #11 |
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Re: 1934 Deluxe 3 Window
Is there a market down under for a car like that at that price?
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08-23-2019, 10:06 AM | #12 |
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Re: 1934 Deluxe 3 Window
Here are my observations, as I track this stuff all the time. First, is there is a huge difference between the asking price and the actual transaction price. You can ask all you want, but if you want to actually sell the car, you have to work with the buyer. If a seller does not adjust to this market, and asks a price from even two years ago, his car will sit for sale until the next ice age. There are way less people around that have the bug like we do.
All of the EFV8’s are way down in price. The ones that have taken the least hit are still the 32-34 Three Windows. 32’s that are mildly hot rodded are at the top of the heap. 33’s next. However: last month there was a 7/10 condition car on EBay. Opening bid was 50k. Not one bid, and the auction ended. I called the seller, he wanted 68k, or threatened he was gonna chop it and put a Chevy 350 in it...I asked if the 50k opening bid would buy it and he said no. I got the impression he did not get a lot of interest. This one from NZ: that equals $127k in US dollars. So that makes it an Ice Age Car. And I think it is Right Hand Drive? If so, only about a dozen people in the US would have an interest. 34’s: the 3W’s like the Mecum car that are totally done, clean and accessorized, AND are black sell the strongest. Córdoba Grey (tan) and green cars are much harder to sell 1940 Woody in the same auction hammered for 74k. About 4 years ago they were over 100k. |
08-23-2019, 10:37 AM | #13 |
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Re: 1934 Deluxe 3 Window
So, in other words Mecum got $11,040 for selling that car.
Sal |
08-23-2019, 03:01 PM | #14 |
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Re: 1934 Deluxe 3 Window
Looks like Mr. Mecum is a very good businessman.
His auctions are top of the line and a great experience to attend. Don't forget to also add on the seller's entry fee, which varies, depending on which day of the auction the car goes across the "block". Read through this to see how it really works from a fellow who's bought Mecum auction vehicles. Very interesting. http://vb.foureyedpride.com/showthre...ion-experience Last edited by 19Fordy; 08-23-2019 at 03:14 PM. |
08-23-2019, 03:05 PM | #15 |
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Re: 1934 Deluxe 3 Window
There is a % to the buyer and seller. More like 20% of the total. I'd guess the seller got $14k less than the buyer paid all in. So seller got $62k and buyer paid $76k.
A Saturday auction slot is $1k+ extra so your car doesn't go over the block on Thursday night when no one is there. IMHO Mecum is the beer and pretzel auction, Barrett Jackson is more like champagne and caviar, no reserves under $150k.
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41 woodie https://41fordwoodie.weebly.com/ Last edited by mrtexas; 08-23-2019 at 03:18 PM. |
08-23-2019, 03:11 PM | #16 | |
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Re: 1934 Deluxe 3 Window
Quote:
Like Digger says I suspect the seller is dreaming . However it is true he is dreaming more than he was a year or so ago -as EV8 prices have dropped back here as well - Karl
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Such a fine sight to see-Its a Girl, My Lord, in a Flatbed Ford slowin' down to take a look at me. |
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