When does too much Racing influence hurt the Value of a Car

[parsonsj]

Originally Posted by Flash

It could very well just be the price. What was your last asking price, like $150k or 175k?

FWIW, I saw your car at SEMA 07 and absolutely loved it.

Thanks! No, the current price is $115k.

I think that price is fair, but I realize as the car ages, it's value continues to decline. Oh well. FWIW, I'm having a lot of fun with the car, and my reason for selling the car (to build another one), might not have worked out so well. Life is busy these days with two active teenagers and all that entails. So just puttering around on the car, doing some "consulting", and the occasional fab job seems like enough for now.

jp

[JV69z/28]

Originally Posted by streetfytr68

There is more true beauty hiding in II Much's hood hinge/latch assembly than there is is most cars. It's a design conceived, fabricated and refined by the car's owner. Ditto on the front suspension, exhaust hangers and myriad other examples.

And there are people who appreciate this art form. There are people who can sniff it out from a casual "50 footer" glance. The know it when they see it.
The car's design elements were intentional. A reflection of the artist who created it.

The Mona Lisa's a hag! But she gets top billing. She has mainstream appeal. I'll pass, thank you.

The car is a terrific example of a purpose built pro-touring car with a "road race" theme. The car is outstanding. Anyone who has any clue of what they are looking at can see the craftsmanship and detail. The car has the "look". I believe it's the economy and it's overall effect on every day life that is holding back a sale not the painted bumpers or the black wheels. It's a h3ll of a lot of car for 115K. I hope things work out for how ever you want them to John.

[tyoneal]

To All:

I don't know if any of you read PHR, ;-) but there was a right up recently about a guy taking a standard Laguna and gave it the, "Racing" Pro Touring, look.

Here is the article, give it a read and bounce it around. I think the car looks really cool. I certainly think it would be more expensive from it's initial appearance than one would think. Now of coarse the Truth you find in the details, but in any event, someone who is in the market for a 100k+ car may be wanting A LOT of attention.

Anyway here is the link and the ideas;

http://www.popularhotrodding.com/tec...ies/index.html

I'll have to admit, some are pretty clever.

Enjoy.

Ty

[Payton King]

But I know what you are speaking of John.

When I finished my car I was ready to sell, so I could move on and do the next one. Lots of ideas runnning around in my head. I found that after it was finished I have little to no time to build another. I spend most of my time tinkering and improving what I have....so I am with you on that one.

[Vegas69]

I've already found myself tweaking this or that from an aesthetics point of view. There are always improvements that can be made. It's going to take a while before I'm ready to build another. It's nice to go out and turn the key vs. lay on a creaper.

[Flash68]

Originally Posted by parsonsj

Thanks! No, the current price is $115k.

I think that price is fair, but I realize as the car ages, it's value continues to decline. Oh well. FWIW, I'm having a lot of fun with the car, and my reason for selling the car (to build another one), might not have worked out so well. Life is busy these days with two active teenagers and all that entails. So just puttering around on the car, doing some "consulting", and the occasional fab job seems like enough for now.

jp

That price is very reasonable for that car I agree.

But hey, sometimes things like your car not selling work out well and you just get to enjoy it for that much longer.

[rwhite692]

Originally Posted by Payton King

But I know what you are speaking of John.

When I finished my car I was ready to sell, so I could move on and do the next one. Lots of ideas runnning around in my head. I found that after it was finished I have little to no time to build another. I spend most of my time tinkering and improving what I have....so I am with you on that one.

This is exactly what happened with me...Sold my car(s) to buy my first house back in the early 90s, thinking I would just jump in and do it again, and with work/family/etc, have not had time to devote to it until these last few years. It will take me a long time to get it done the way I want it, but when it's done I am not going to let it go and be without having any hobby car around to enjoy...For me, 80% of the enjoyment is building them....So buying a finished car won't scratch my itch...

[tyoneal]

Originally Posted by streetfytr68

I think you are hyper-analyzing the subject, Ty. You can't do that with a hot rod. One might be inclined to combine 1 and 2.
In most cases, classification is a pendulum. Car A might lean towards the race side of the equation while car B might lean towards the street side of the equation.

===============================
Steve:

Hyper-analyzing. Yes, your right about it, but I thought it would be interesting to get other peoples take on things. Whether my car "Gets" its money back or not is my kids problem as I'll be enjoying PT up in heaven. (Hopefully)

The Riv, (Roadhouse Riviera) which I got from my Grandfather, its paint and body work alone are twice what they paid for it new. I do think a lot of these cars were are enjoying and making, will be part of car history. I bet it was hard for the Guy's in the Sixties thinking the, "Trans Am", cars they were racing would be worth anything someday, or how about the original Grand Sport Vettes. In the late sixties-early seventies, were "Has Beens". Old technology, uncompetitive junk that was kept outside in many cases. Now look at them.

I find everyones opinions real insightful. If you go on Youtube and check out all the American cars being enjoyed in Europe it is amazing. There is something about the American cars of the 50's-early 70's that hit a passion in people all over the world. Not sure what it is, but I find I'm proud about how they have been kept and enjoyed all these years. There are a few from Russia that by our standards are very so-so, but over there, they are the Cats Ass of Cool.

Back to your comment, I guess when I don't have the pleasure or opportunity of driving the cars, they stay on my mind as part of my enduring passion for them. I think it's a mix of DNA, Testosterone, and Adrenaline, that cause my Hyper-ness in this area.

No excuses, just a fact of maybe being a car geek/gear head or ???

Take care.

Thanks for your thoughts.

Ty

[tyoneal]

Originally Posted by 10Seconds

You analysis is inherently flawed. You state there are only two type of PT cars. Yet, according to you, both type exclude makes build after 1976.

Where did you come up with pre-1976? That's B.S. IMO. So my 1978 Trans Am can't be a PT car?

=============================
Thanks for the comment, Your Trans AM is or they definitely can be Great PT cars. The TA's and the Camaro's were about all there were back in the later 70's (Other than the Vettes) that still has the roots of the earlier cars. Look at the Mustang II's that came out. Ouch, Ford really lost their way on those I think. The "F" Bodies were the exceptions.

The old Nova's, Monte Carlo's, Chevelle's, Torinos, Grand Prix's, Comet's, Falcon's, Sebring's etc. etc. (The list is very long) were just absent other than some emasculated shells with just the name left on them. I had a 1979 T/A, and my Dad drove a 78 T/A, and yes those were and still are cars with visual and litteral PT/Hotrod/Kick Ass roots.

I just chose 1976 because at least GM went through a profound change in their styling and performance of 95% of there offerings. Even the Vettes of the mid 70's I think were lost and still are. Look at the price for the 74-79 vettes. They are still not thought much of.

My overly broad statement did not include the exceptions to the rule. that was a mistake on my part, no offense intended.

Ty