[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Ur-Q ... buyer's market or seller's market?
> If any of those high $ cars that we have seen advertised have sold, they
> probably went to people who don't know the cars or the market and think
> that rarity makes them valuable. That's only true if you can sell it.
I ran into the same phenomenon when I was collecting used records ... after a
while, word got out that some of the old Mercury and RCA stereo classical
records from the '50s and '60s were sonic and musical gems and -- voila! --
dealers everywhere started marking up -- way, way up -- the prices of EVERY
record on these labels even though a lot of them were dogs. Record buyers
likewise got carried away and bought everything they could get their hands on
and it took a full decade before the market settled down and prices once
again reflected the desirability and rarity of certain records, and not some
dealer's dream about funding his IRA contribution for the year with the
proceeds from a sale.
I'll admit that I got lucky buying my Ur-Q -- I found it less than two miles
from my house and paid the original owners' daughter $8k for it with 74k on
the odometer -- but once I joined the "inner circle," I was surprised to
learn how many Ur-Qs changed hands relatively cheaply. At one time, I
seriously thought about buying a few couple more '85s as an investment and
over a few months, I managed to track down four cars that I could have bought
for roughly $10k per ... fortunately, my older and wiser father successfully
talked me out of it. :^)
The point is, I agree with Steve. You can ask what you want for your car and
maybe you'll even get lucky and get it, but the odds of actually selling ANY
year Ur-Q in ANY kind of condition for more than $10k or so are pretty slim...
JG