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Old 8th August 2012, 15:07   #541
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Default Re: Vintage & Classic car valuation

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Originally Posted by kevinephraim View Post
exactly! hence the question. but then high production nos. though for an exciting car would make it collectible?
well not extremely high production numbers but reasonable.....example a 911 of any year will always be a collectable but that may not be the same for say the Ford Focus or smoething like that .

Its a combination of numbers, excitment, performance and charishma that constitute the ingredients of a collectable car.

You see how the Model T despite its production numbers is a very collectable item today.

One really cant predict with 100% accuracy what will be collectable and what not in the future. Look whats happening with the Fiat 1100's these days
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Old 8th August 2012, 15:25   #542
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well not extremely high production numbers but reasonable.....example a 911 of any year will always be a collectable but that may not be the same for say the Ford Focus or smoething like that .

Its a combination of numbers, excitment, performance and charishma that constitute the ingredients of a collectable car.

You see how the Model T despite its production numbers is a very collectable item today.

One really cant predict with 100% accuracy what will be collectable and what not in the future. Look whats happening with the Fiat 1100's these days

I agree with you. But then many cars in the 50's and 60's were mass produced, they have a charishma in india only coz we were a deprived nation. Why are the umpteen dodges and plymouths and desotos even moderately collectible?

The Fiat 1100s or the Standard Heralds, that is just pure hype and a wee bit of nostalgia, we all grew up in those.

Similarly a vw beetle, cult status around the world, and some hype in india.

Heck, for that matter in another 30 years the Suzuki Kizashi will be called a collectible, for the poor sales it has had in india!

Last edited by kevinephraim : 8th August 2012 at 15:46.
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Old 8th August 2012, 15:47   #543
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Default Re: Vintage & Classic car valuation

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well not extremely high production numbers but reasonable..............Look whats happening with the Fiat 1100's these days
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Originally Posted by kevinephraim View Post
..........but then many cars in the 50's and 60's were mass produced, they have a charishma in india only coz we were a deprived nation. why are the umpteen dodges and plymouths and desotos even moderately collectible?
A small correction, we ARE a deprived nation.
Forget about others opinion on what is collectable and what is not.
Follow your desire, with keeping an eye on your wallet go and buy what you desire, can afford, and can find

One criteria is rarity, there are people who have picked up Premier Padmini Taxi's as they are to be phased out. I would not do that.

Why talk about Maruti, there are Datsuns, Toyotas of the 1990's and before which are no longer available. And even abroad in Europe and US there are collectors for these.

So, go and collect what you feel like. But remember, established collector cars will go up in value faster than a sentimental car like a Fiat 1100 Dukker.

Cheers harit
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Old 8th August 2012, 16:37   #544
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But remember, established collector cars will go up in value faster than a sentimental car like a Fiat 1100 Dukker.

Cheers harit
Now what is an Established Collectors Car? Who or what, established or establishes, a car to be a collectors item?

Would a sentimental non established car become an established collector car, just because an "Established Collector" bought one for kicks?

And what if someone bought a whole lot of junks, restored them, advertised them well enough, "establishing" their "collectibility", would they still be a collectors car in the true sense?
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Old 8th August 2012, 16:51   #545
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Default Re: Vintage & Classic car valuation

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Now what is an Established Collectors Car? Who or what, established or establishes, a car to be a collectors item?

The market establishes, and the collectors/dealers. Established collector cars are those sought after by collectors and speculators/traders.

Would a sentimental non established car become an established collector car, just because an "Established Collector" bought one for kicks?

Maybe, but not when ""an "Established Collector"" bought one, ideally many collectors should buy or want to buy.

And what if someone bought a whole lot of junks, restored them, advertised them well enough, "establishing" their "collectibility", would they still be a collectors car in the true sense?

Describe junks. Even MG junks can be found. Then yes. Maruti 800 junk, no
There are no answers, just go and do your thing what you enjoy. Hope you have a sense of humour

Cheers harit

Last edited by harit : 8th August 2012 at 16:57.
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Old 8th August 2012, 17:08   #546
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Default Re: Vintage & Classic car valuation

Simply put, one collects what one wishes to collect.It may be Fiats, Padminis, Landmasters, Ambassador Novas or whatever. Some people collect American cars. Others call them Detroit junk. Beauty lies in the eye of the beholder, So, collect whatever your heart desires, not because it will sell at a better price some years ahead. End of the day, what you have collected over the years, well, is it not collectible? at least in your mind?
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Old 9th August 2012, 11:08   #547
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Simply put, one collects what one wishes to collect....................?
And that is why I find the title of this thread and a discussion about valuation on an open forum ................. No one will ever tell me whether I paid too much for any car. pointless.

Cheers harit
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Old 14th August 2012, 16:33   #548
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Default Re: Used car prices 1944

Attached is a Baroda, Western India & Gujarat states Agency Gazette, dated Thursday, 4th january, 1945. This ordinance pertains to scheduled sale price of used motor cars of certain English and American makes. This notification is of the War Transport Department, Defence Ministry, Government of India, dated 18th December, 1944! The information is very useful and interesting !
(Courtesy Mr.Diljeet Titus)
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Old 18th November 2012, 20:53   #549
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Default Re: Classics available for purchase

A Cars For Sale advertisement from indian Auto, October 1990. There is a VW Beetle advertised for sale for guess what ? Rs 25 K ! And a 1980 Ford Mustang for Rs 175 K.
The older cars attracted lower prices in this advertisement, but the then recent models commanded higher prices e.g. Nissan Sunny.
Today the same older cars are valued at 20/25 times (or more) the then prices!

Vintage & Classic car valuation-picture-535.jpg

Last edited by anjan_c2007 : 18th November 2012 at 20:55.
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Old 18th November 2012, 22:28   #550
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Default Re: Classics available for purchase

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A Cars For Sale advertisement from indian Auto, October 1990. There is a VW Beetle advertised for sale for guess what ? Rs 25 K !
Attachment 1016208
Interesting to read "Automatic Transmission" in the VW AD. Not too sure if that must be true as RHD rarely came with Auto Trans, although Semi-Automatic ones do still exist and have seen couple of them.
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Old 19th November 2012, 21:26   #551
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Default Re: Classics available for purchase

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Originally Posted by anjan_c2007 View Post
A Cars For Sale advertisement from indian Auto, October 1990.
I sometimes wish we could roll back the clock

The National Weigh Bridge & Auto Service must have been a prominent car dealer, wonder what happened to him? I am sure Harit would know considering he would have been hunting for cars then? Wonder if any rare car went through this dealer? Any one has a background on this dealer?

Cheers

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Old 20th November 2012, 12:05   #552
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Default Re: Classics available for purchase

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Originally Posted by anjan_c2007 View Post
A Cars For Sale advertisement from indian Auto, October 1990. There is a VW Beetle advertised for sale for guess what ? Rs 25 K ! And a 1980 Ford Mustang for Rs 175 K.
The older cars attracted lower prices in this advertisement, but the then recent models commanded higher prices e.g. Nissan Sunny.
Today the same older cars are valued at 20/25 times (or more) the then prices!

Attachment 1016208
Nice find Anjan. Good to see such things. But considering the time i feel it was quite a bit of money for the cars advertised. Our house including the land and construction cost was 2.75 lakhs in 1985 so by that yardstick the Mustang cost almost a house and 25k for a beetle that time was not that small an amount. Not many had that kind of money to spare. Now of course 25k is peanuts...
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Old 20th November 2012, 15:20   #553
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Originally Posted by car love View Post
Nice find Anjan. Good to see such things. But considering the time i feel it was quite a bit of money for the cars advertised. Our house including the land and construction cost was 2.75 lakhs in 1985 so by that yardstick the Mustang cost almost a house and 25k for a beetle that time was not that small an amount. Not many had that kind of money to spare. Now of course 25k is peanuts...
We sold our 1954 Fiat 1100 in 1990 at 28k. Just to give an idea of rates at that time. We had bought it in 1981 at 18k.
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Old 21st November 2012, 21:12   #554
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Default Re: Vintage & Classic car valuation

What i meant to say was that the valuation at today's rates is not abnormal or spectacular. The problem lies in the market crashing for Fiat values. A decent Fiat can be had for 25K now where as it was the same in 1990. So it has crashed badly while the beetle has gone around 20X. It has appreciated well but considering inflation it is not that dramatic. A better case would be a Jaguar that was sold in 2003 or so for around 5 Lakhs and now the same thing is on sale for 60L or even the case of Beetles that were available for 50k not so long ago is now at least 5-6L.
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Old 22nd November 2012, 07:12   #555
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Default Re: Vintage & Classic car valuation

One must understand that mass produced cars cannot sustain high valuations in the long run. This is because mass produced cars will be available at various levels of originality at various price points. Secondly mass produced cars will always be a prime target for modification as the resale values will not cover the restoration back to originality.

Cars with limited production will always have value. Take the example of my Plymouth PB. Total PB's produced was 83940 cars of which production of my model Seven Passenger sedan was 2179 cars. Now the Seven Passenger will always have more value than the normal Five Passenger sedan of which 38066 cars were produced. So even within the same model you must understand that valuations could be very different.

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