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Old 01-07-2024, 02:33 PM   #1
ronn
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Default Prices going through the roof?

or is it just inflation?????????





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    1931 Ford Model A Model A
    Opens in a new window or tab
    Pre-Owned
    $20,000,000.00
    Year: 1931or Best Offer
    Miles: 1,431Free local pickup
    Make: Ford11 watchers





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Old 01-07-2024, 02:42 PM   #2
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Default Re: Prices going through the roof?

Just offer them $10,000,000,since they are offering "best offer"! Of course you could be out bid.
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Old 01-07-2024, 02:44 PM   #3
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Default Re: Prices going through the roof?

Or worst still by offering $10K you might own it !!
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Old 01-07-2024, 03:24 PM   #4
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Default Re: Prices going through the roof?

It's obvious this guy has access to some pretty powerful hallucinogenic drugs......
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Old 01-07-2024, 03:37 PM   #5
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Default Re: Prices going through the roof?

Sometimes the zero key gets stuck, but that is no problem since zero is nothing.
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Old 01-07-2024, 03:47 PM   #6
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Default Re: Prices going through the roof?

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The Dollar ain't worth what it was just a few years ago. Now it takes more Dollars to purchase a nice model A.
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Old 01-07-2024, 03:57 PM   #7
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Default Re: Prices going through the roof?

The selling or highest bid prices on Bring A Trailer are a good indication of what the real selling prices are.
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Old 01-07-2024, 04:15 PM   #8
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Default Re: Prices going through the roof?

nk I tend to use sold prices on ebay first, they are a bit more realistic.


If I use BAT, I find myself feeling pretty wealthy!
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Old 01-07-2024, 04:24 PM   #9
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Default Re: Prices going through the roof?

In general I put the Model A pricing as "similar to a new car of similar use off the lot - cash."

There are exceptions. Having won "fine point" might easily double that. Or one of the "rarer" models originally produced.

$18K until recently would buy you a pretty fine Toyota Corolla. And a similar restored Model A equivalent.

I confess I have not priced new cars in at least 10 years though.

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Old 01-07-2024, 05:25 PM   #10
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Default Re: Prices going through the roof?

you can double your toyota price Joe, for a base model.............


although I would agree on 18k for an alright A. I also agree with you on fine points.
a bargain at double.
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Old 01-08-2024, 12:40 AM   #11
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Default Re: Prices going through the roof?

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Originally Posted by nkaminar View Post
The selling or highest bid prices on Bring A Trailer are a good indication of what the real selling prices are.
No. BaT are very much like the Barrett Jackson auctions which are a few weeks away. They’re both far from reality.
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Old 01-08-2024, 07:36 AM   #12
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Default Re: Prices going through the roof?

Maybe that's in pesos? ��
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Old 01-08-2024, 08:15 AM   #13
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you can double your toyota price Joe, for a base model.............


although I would agree on 18k for an alright A. I also agree with you on fine points.
a bargain at double.

For what it’s worth. I second RONN’s comments.

Generally, pricing is all about how much the buyer wants a particular car.

Enjoy
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Old 01-08-2024, 09:04 AM   #14
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Default Re: Prices going through the roof?

Ronn, I can tell you that many restoration materials & parts have doubled, -and/or tripled in the last couple of years. If you want a shock, price a decent set of Model-A tires & tubes now. Price out paint materials for another shock. Or price upholstery materials, ...or ?? The bottom line from my perspective is that it is costing WAY more to own collector vehicles in 2024 due to inflation and supply issues since Covid times.
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Old 01-08-2024, 09:26 AM   #15
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Default Re: Prices going through the roof?

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Ronn, I can tell you that many restoration materials & parts have doubled, -and/or tripled in the last couple of years. If you want a shock, price a decent set of Model-A tires & tubes now. Price out paint materials for another shock. Or price upholstery materials, ...or ?? The bottom line from my perspective is that it is costing WAY more to own collector vehicles in 2024 due to inflation and supply issues since Covid times.
For example, I have ordered a tire from Snyder's. Good-Year 4.5x21" and before shipping, it is $330. I have to get 4 more of them, this is gonna be painful!
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Old 01-08-2024, 09:35 AM   #16
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Default Re: Prices going through the roof?

I completely agree Brent, materials are crazy. esp paint...........


regarding tires- I did mention buying a set of 4 from Universal (aka Coker) for a total of 369. For a guy that never drives his cars, thats fine. Now adding up the total of 4 radials, well thats a diff story and understood, if you really use your cars.


There is Maaco, not so cheap anymore and then there are custom paint shops. The 2nd will require a 2nd mortgage on your house! no kidding.


I still think you can get a decent A under 20k. No it wont be an award winner, etc. but still a decent car. Rarely do As fetch 30s- on up for a basic model. Rarer models, sure.
Even many of them have come down, amid our inflation.
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Old 01-08-2024, 09:57 AM   #17
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Default Re: Prices going through the roof?

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Originally Posted by smokedtires View Post
maybe that's in pesos? ��
lol!!!
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Old 01-08-2024, 11:14 AM   #18
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Default Re: Prices going through the roof?

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I completely agree Brent, materials are crazy. esp paint...........


regarding tires- I did mention buying a set of 4 from Universal (aka Coker) for a total of 369. For a guy that never drives his cars, thats fine. Now adding up the total of 4 radials, well thats a diff story and understood, if you really use your cars.


There is Maaco, not so cheap anymore and then there are custom paint shops. The 2nd will require a 2nd mortgage on your house! no kidding.


I still think you can get a decent A under 20k. No it wont be an award winner, etc. but still a decent car. Rarely do As fetch 30s- on up for a basic model. Rarer models, sure.
Even many of them have come down, amid our inflation.
I guess the real question is what is the definition of 'decent'??

In my mind, the term 'decent' as it applies to a Model-A is a vehicle that does not need any type of mechanical repairs to be able to Start, Stop, and Steer reliably. A decent Model-A is one that the driver nor the occupants need to worry whether they will get to their destination without delays nor worries. After all, Model-As were 'decent' cars when they were new or slightly used, so that expectation should apply today.

As for prices falling, I think that factors when a Buyer looks at an older restoration and determine it has not been well maintained and now is going to require larger sums of money to bring the vehicle back to a 'decent' condition. For example, a 'restored' Model-A that sold for $30k around 5+ years ago that now needs a complete set of tires & tubes, a new battery, the gas tank restored, along with a full maintenance on chassis mechanicals will see that repair bill in excess of $10k if professionally performed. This scenario happens all too often as buyers seek a collector car purchase.

So yes, that vehicle that sold for $30k is now being sold in the lower $20k range ...however is the value of the vehicles dropping, -or is the condition of the vehicles dropping??
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Old 01-08-2024, 11:17 AM   #19
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Default Re: Prices going through the roof?

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Originally Posted by BRENT in 10-uh-C View Post
I guess the real question is what is the definition of 'decent'??

In my mind, the term 'decent' as it applies to a Model-A is a vehicle that does not need any type of mechanical repairs to be able to Start, Stop, and Steer reliably. A decent Model-A is one that the driver nor the occupants need to worry whether they will get to their destination without delays nor worries. After all, Model-As were 'decent' cars when they were new or slightly used, so that expectation should apply today.

As for prices falling, I think that factors when a Buyer looks at an older restoration and determine it has not been well maintained and now is going to require larger sums of money to bring the vehicle back to a 'decent' condition. For example, a 'restored' Model-A that sold for $30k around 5+ years ago that now needs a complete set of tires & tubes, a new battery, the gas tank restored, along with a full maintenance on chassis mechanicals will see that repair bill in excess of $10k if professionally performed. This scenario happens all too often as buyers seek a collector car purchase.

So yes, that vehicle that sold for $30k is now being sold in the lower $20k range ...however is the value of the vehicles dropping, -or is the condition of the vehicles dropping??
Why would a 5 year old restoration need the gas tank redone? Let's say the previous owner was smart and used non-ethanol gas and kept the tank full
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Old 01-08-2024, 11:27 AM   #20
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Why would a 5 year old restoration need the gas tank redone? Let's say the previous owner was smart and used non-ethanol gas and kept the tank full
Great question Tim! I will tell you that over 50% of the gas tanks we have sent to us have been removed from a 'restored' Model-A. Once opened, we find most of them are full of rust. Maybe the issue is the definition of 'restored'? Maybe the issue is many mechanics/restorers use the advice from social media sites about how to clean Model-A gas tanks filled with rust & debris?


As for the smart owner using non-ethanol fuel and keeping a full tank, ...that really does not factor in based on my experiences. Fuel has additives (-including oxygenizers) which allow oxygen to feed the rust inside the tank.
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