Does one sale make "market value"?
I'm not selling, but someone on the list said it was the second sale
that sets the tone, and I agree.
Its good for those who have cars that the value is going up, but I
think it is jumping the gun to say that $100K plus for the resale of
a true restoration is "now the norm".
What if the BJ car was just 2 guys that "gotta have it", right then,
at that moment.
Market value is set by the "market", not just one result at one auction.
In my opinion.
Mike Smith
ECR
21 Tolman Road, Warren, ME 04864
ph: 207-594-8086 fax: 207-594-8120
http://www.eastcoastrover.com
ECR emails are for information exchange only, they are not quotes or
estimates. All work at ECR is done on a time and materials basis.
Install costs and overall project costs can not be given as used and
vintage vehicles vary greatly in condition.
http://www.eastcoastrover.com/FAQ.html
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