Did you ever hear about hype> >From: jonlee@wt.net >To: Shelby List <shelbymustang@carmemories.com> >Subject: 2006 Russo and Steele Auction >Date: Sat, 17 Dec 2005 14:38:53 -0600 > > > >I hate doing this because people will get the wrong ideas, but here are >some interesting price expectations for 2006 with neat pictures from Russo >and Steele. Im a bit shocked at their market >estimates but thats just me. > > > >65-350 Market Est 250-350k >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6213 > >67-500 Market Est 225-275K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6156 > >66-350 Market Est 375-425K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6077 > >68-500 KR Convr Market Est 225-275K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6016 > >66-350 Market Est 275-325K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6188 > >68-500 KR Market Est 150-175K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6015 > >66-350 Market Est 275-325K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6199 > >69-350 Conv Market Est 175-200K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6198 > >66-350 Market Est 275-325K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6077 > >66-350 Market Est 275-325K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6200 > >68-500 Convertible Market Est 175-200K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6163 > >68-500 Conv Market Est 175-200K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6174 > >69-350 Conv Market Est 150-175K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6106 > >69-350 Market Est 115-140K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6146 > >67-500 Market Est 100-125K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6023 > >70-350 Market Est 115-140K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6148 > >67-427 Cobra Market Est 500-600k >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6025 > >64-289 Cobra Market Est 350-375K >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6211 > >66-427 Cobra Market Est 500-60k >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6176 > > > > > > > >----- Forwarded message from g adams <mrgt350@yahoo.com> ----- > Date: Fri, 16 Dec 2005 21:34:40 -0800 (PST) > From: g adams <mrgt350@yahoo.com> >Reply-To: g adams <mrgt350@yahoo.com> > Subject: Re: Shelby e-bay auctions > To: MHeroy@aol.com, shelbymustang@carmemories.com > >Mike, >You are right. I have always been in this for the >hobby. Whenever I have sold a car it was only to get >into a different one. Since I have done all my own >restorations, since 1986, I have benefited from my >free labor and even in a flat market never been upside >down. I have always done the cars for me to keep, >drive and show. The car I have been having the most >fun with has been my "(not a Shelby) r model clone" >which I built from the ground up. I take it to track >events and have a blast. > >I am now into Porsche's as well, 4 of them. I do not >own these to make money, as you may guess, since you >can quickly get upside down with the maintenance on >these cars. They are just neat cars and have some >great features. Again, I do most of the work on these >cars myself and just enjoy having them. > >I will keep them a hobby as long as I can. > >Greg >www.uniquemotorcars.net > > > >--- MHeroy@aol.com wrote: > > > In a message dated 12/16/2005 5:31:28 PM Eastern > > Standard Time, jonlee@wt.net > > writes: > > Ron: > > > > I want to add to your thought. > > > > I have been watching the dealer/locator guys and > > they fuel some of the price > > increase dramatically. They are not the only > > ones...but they are part of it. > > Example, I know one dealer who is hunting 65- > > 350 cars like crazy ever since that 65 350 #18 got > > auctioned off above 300k. > > They would hunt a 65-350 for 150-200k driver quality > > with rust and would > > resell it at 225-250k along with some touch up > > work. Word breaks out that Joe Blow got his car sold > > for 175k driver quality > > and everyone who owns a 65 thinks their car is worth > > equal or more. In > > addition, people now think 65-350 cars are the > > ones to have and so the hunt is on to find one. > > > > If you step back and break this process down, you > > can see how everyone > > contributes to the price increase slowly or rapidly. > > Its a vicious cycle that won't > > stop until something drastic happens like > > real estate went crashing, or another terrible event > > like 9-11 day. Even if > > it stopped, it somehow picks itself back up and > > starts cycling again. > > > > I remember when this local Mustang dealer in Houston > > told me I was nuts for > > paying good money for 2 67-500s years ago. I bought > > them regardless if he was > > right or not because each car had a purpose > > for me like one for fun, and the other for > > restoration guide to my early > > 67-350 (In this aspect Bob Perkins was the one who > > explained to me that you have > > to have a good car to make good restoration > > easier). Anyway, I specifically remembered how this > > Mustang guy told me he > > was in this Shelby longer than I was and that I was > > stupid for buying them at > > that price and that the market will fall just > > like it did in the late 80s. I ignored him and just > > went along with what I > > believed was right for me. Bottom line is you have > > to believe in yourself about > > your car or you will always have doubts in > > the back of your mind and others will make you > > change your mind faster than > > the market will turn on itself. > > > > just my 2 cents. > > > > jon > > > > > > > > > > > > > > Quoting Ronald Robertson > > <ronald.robertson@sympatico.ca>: > > > > - Greg: > > - Just an observation, but perhaps reality has hit > > the Shelby market. > > - I wonder if collectors were not simply swapping > > mega $$$ for Shelbys to > > - other collectors (like the late 80's) and they > > realized that it was they > > who > > - were driving the prices up, to levels that the > > ordinary Shelby buyer simply > > - could not afford. > > - One has to wonder if ole Shel's recent antics sort > > of turn some folk off as > > - well. > > - Just a thought. > > - Ron > > - > > - ----- Original Message ----- > > - From: "g adams" <mrgt350@yahoo.com> > > - To: <shelbymustang@carmemories.com> > > - Sent: Friday, December 16, 2005 11:36 AM > > - Subject: Shelby e-bay auctions > > - > > - > > - >I have been watching Beckers auctions for the 67 > > GT500 > > - > (2nd time) and the 69 GT500 convert. (3rd time). > > - > > > - > Seems that bids are not quite as active nor as > > high as > > - > previously was previously. > > - > > > - > The convert previously had a reserve of $225K > > and this > > - > time the reserve was hit at $181k. > > - > > > - > Auctions look like bids may have been retracted > > or > > - > rejected as the bids actually decreased from the > > high > > - > point. > > - > > > - > Whats going on? > > - > > > - > Greg > > - > > > - > > > - > > > - > > > __________________________________________________ > > - > Do You Yahoo!? > > - > Tired of spam? Yahoo! Mail has the best spam > > protection around > > - > http://mail.yahoo.com > > - > > > - > > - > > - > > Gang, > > > > I bought my two GT500's in the late 1990's, when > > there was considerable > > variation in price from one market to another, a > > situation that, scams or no, seems > > to have been made more efficient with the advent of > > eBay. The '67 was > > regarded as a bargain in 1998 (and indeed it was), > > as it was an orphan at a Florida > > auction, brought by a Lincoln dealer who had > > received it in trade on a > > Navigator from the guy who had bought it at B-J two > > years before. However, the > > review that SCM wrote on my purchase of the '68 > > convertible in 1999 said that I'd > > essentially overpaid and that a few miles on the car > > would drop the value by > > $15,000! It didn't. > > > > So, am I happy about being about $180k ahead on the > > two cars? Not really- as > > both my wife and my mechanic have said, I'd just go > > out and find another pair > > and pay dearly for them, so why not keep what I > > have? Other than a few > > concours queens, my two stack up pretty well, and > > I'm in this to drive, not as an > > investment and am happy to be about even in the > > hobby over the years- if you > > conclude from this that I have a few that have been > > spectacular flops > > financially, you're right! I get in trouble when I > > decide to build a car "just the way > > I want it" like the '59 Skyliner restomod that's > > worth less than half of what > > I have in it, and then there's the Phantom III > > Rolls-Royce, a lovely money pit > > if there ever was one. > > > > I guess my point is that this is a hobby for most of > > us, and all lower prices > > might mean is that more enthusiasts will be able to > > afford these wonderful > > cars. That's not a bad idea- every market has > > corrections now and then, and if > > that's what this is, so be it. I think the overall > > trend will be up in the > > long term, no matter what. > > > > Cheers, > > Mike Heroy > > CSX4045 > > 67 GT500 #841 > > 68 GT500 #389 > > 85 SVO > > > > >__________________________________________________ >Do You Yahoo!? >Tired of spam? Yahoo! Mail has the best spam protection around >http://mail.yahoo.com > >----- End forwarded message ----- > > > _________________________________________________________________ Don’t just search. Find. Check out the new MSN Search! http://search.msn.click-url.com/go/onm00200636ave/direct/01/
Yes...All the time from my stock broker - ha jon Quoting James G Cowles <shelbyparts@msn.com>: - Did you ever hear about hype> - - - - - >From: jonlee@wt.net - >To: Shelby List <shelbymustang@carmemories.com> - >Subject: 2006 Russo and Steele Auction - >Date: Sat, 17 Dec 2005 14:38:53 -0600 - > - > - > - >I hate doing this because people will get the wrong ideas, but here are - >some interesting price expectations for 2006 with neat pictures from Russo - >and Steele. Im a bit shocked at their market - >estimates but thats just me. - > - > - > - >65-350 Market Est 250-350k - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6213 - > - >67-500 Market Est 225-275K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6156 - > - >66-350 Market Est 375-425K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6077 - > - >68-500 KR Convr Market Est 225-275K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6016 - > - >66-350 Market Est 275-325K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6188 - > - >68-500 KR Market Est 150-175K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6015 - > - >66-350 Market Est 275-325K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6199 - > - >69-350 Conv Market Est 175-200K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6198 - > - >66-350 Market Est 275-325K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6077 - > - >66-350 Market Est 275-325K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6200 - > - >68-500 Convertible Market Est 175-200K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6163 - > - >68-500 Conv Market Est 175-200K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6174 - > - >69-350 Conv Market Est 150-175K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6106 - > - >69-350 Market Est 115-140K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6146 - > - >67-500 Market Est 100-125K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6023 - > - >70-350 Market Est 115-140K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6148 - > - >67-427 Cobra Market Est 500-600k - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6025 - > - >64-289 Cobra Market Est 350-375K - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6211 - > - >66-427 Cobra Market Est 500-60k - >http://www.russoandsteele.com/index.php?action=dsp_function&functionID=8&ID=6176 - > - > - > - > - > - > - > - >----- Forwarded message from g adams <mrgt350@yahoo.com> ----- - > Date: Fri, 16 Dec 2005 21:34:40 -0800 (PST) - > From: g adams <mrgt350@yahoo.com> - >Reply-To: g adams <mrgt350@yahoo.com> - > Subject: Re: Shelby e-bay auctions - > To: MHeroy@aol.com, shelbymustang@carmemories.com - > - >Mike, - >You are right. I have always been in this for the - >hobby. Whenever I have sold a car it was only to get - >into a different one. Since I have done all my own - >restorations, since 1986, I have benefited from my - >free labor and even in a flat market never been upside - >down. I have always done the cars for me to keep, - >drive and show. The car I have been having the most - >fun with has been my "(not a Shelby) r model clone" - >which I built from the ground up. I take it to track - >events and have a blast. - > - >I am now into Porsche's as well, 4 of them. I do not - >own these to make money, as you may guess, since you - >can quickly get upside down with the maintenance on - >these cars. They are just neat cars and have some - >great features. Again, I do most of the work on these - >cars myself and just enjoy having them. - > - >I will keep them a hobby as long as I can. - > - >Greg - >www.uniquemotorcars.net - > - > - > - >--- MHeroy@aol.com wrote: - > - > > In a message dated 12/16/2005 5:31:28 PM Eastern - > > Standard Time, jonlee@wt.net - > > writes: - > > Ron: - > > - > > I want to add to your thought. - > > - > > I have been watching the dealer/locator guys and - > > they fuel some of the price - > > increase dramatically. They are not the only - > > ones...but they are part of it. - > > Example, I know one dealer who is hunting 65- - > > 350 cars like crazy ever since that 65 350 #18 got - > > auctioned off above 300k. - > > They would hunt a 65-350 for 150-200k driver quality - > > with rust and would - > > resell it at 225-250k along with some touch up - > > work. Word breaks out that Joe Blow got his car sold - > > for 175k driver quality - > > and everyone who owns a 65 thinks their car is worth - > > equal or more. In - > > addition, people now think 65-350 cars are the - > > ones to have and so the hunt is on to find one. - > > - > > If you step back and break this process down, you - > > can see how everyone - > > contributes to the price increase slowly or rapidly. - > > Its a vicious cycle that won't - > > stop until something drastic happens like - > > real estate went crashing, or another terrible event - > > like 9-11 day. Even if - > > it stopped, it somehow picks itself back up and - > > starts cycling again. - > > - > > I remember when this local Mustang dealer in Houston - > > told me I was nuts for - > > paying good money for 2 67-500s years ago. I bought - > > them regardless if he was - > > right or not because each car had a purpose - > > for me like one for fun, and the other for - > > restoration guide to my early - > > 67-350 (In this aspect Bob Perkins was the one who - > > explained to me that you have - > > to have a good car to make good restoration - > > easier). Anyway, I specifically remembered how this - > > Mustang guy told me he - > > was in this Shelby longer than I was and that I was - > > stupid for buying them at - > > that price and that the market will fall just - > > like it did in the late 80s. I ignored him and just - > > went along with what I - > > believed was right for me. Bottom line is you have - > > to believe in yourself about - > > your car or you will always have doubts in - > > the back of your mind and others will make you - > > change your mind faster than - > > the market will turn on itself. - > > - > > just my 2 cents. - > > - > > jon - > > - > > - > > - > > - > > - > > - > > Quoting Ronald Robertson - > > <ronald.robertson@sympatico.ca>: - > > - > > - Greg: - > > - Just an observation, but perhaps reality has hit - > > the Shelby market. - > > - I wonder if collectors were not simply swapping - > > mega $$$ for Shelbys to - > > - other collectors (like the late 80's) and they - > > realized that it was they - > > who - > > - were driving the prices up, to levels that the - > > ordinary Shelby buyer simply - > > - could not afford. - > > - One has to wonder if ole Shel's recent antics sort - > > of turn some folk off as - > > - well. - > > - Just a thought. - > > - Ron - > > - - > > - ----- Original Message ----- - > > - From: "g adams" <mrgt350@yahoo.com> - > > - To: <shelbymustang@carmemories.com> - > > - Sent: Friday, December 16, 2005 11:36 AM - > > - Subject: Shelby e-bay auctions - > > - - > > - - > > - >I have been watching Beckers auctions for the 67 - > > GT500 - > > - > (2nd time) and the 69 GT500 convert. (3rd time). - > > - > - > > - > Seems that bids are not quite as active nor as - > > high as - > > - > previously was previously. - > > - > - > > - > The convert previously had a reserve of $225K - > > and this - > > - > time the reserve was hit at $181k. - > > - > - > > - > Auctions look like bids may have been retracted - > > or - > > - > rejected as the bids actually decreased from the - > > high - > > - > point. - > > - > - > > - > Whats going on? - > > - > - > > - > Greg - > > - > - > > - > - > > - > - > > - > - > > __________________________________________________ - > > - > Do You Yahoo!? - > > - > Tired of spam? Yahoo! Mail has the best spam - > > protection around - > > - > http://mail.yahoo.com - > > - > - > > - - > > - - > > - - > > Gang, - > > - > > I bought my two GT500's in the late 1990's, when - > > there was considerable - > > variation in price from one market to another, a - > > situation that, scams or no, seems - > > to have been made more efficient with the advent of - > > eBay. The '67 was - > > regarded as a bargain in 1998 (and indeed it was), - > > as it was an orphan at a Florida - > > auction, brought by a Lincoln dealer who had - > > received it in trade on a - > > Navigator from the guy who had bought it at B-J two - > > years before. However, the - > > review that SCM wrote on my purchase of the '68 - > > convertible in 1999 said that I'd - > > essentially overpaid and that a few miles on the car - > > would drop the value by - > > $15,000! It didn't. - > > - > > So, am I happy about being about $180k ahead on the - > > two cars? Not really- as - > > both my wife and my mechanic have said, I'd just go - > > out and find another pair - > > and pay dearly for them, so why not keep what I - > > have? Other than a few - > > concours queens, my two stack up pretty well, and - > > I'm in this to drive, not as an - > > investment and am happy to be about even in the - > > hobby over the years- if you - > > conclude from this that I have a few that have been - > > spectacular flops - > > financially, you're right! I get in trouble when I - > > decide to build a car "just the way - > > I want it" like the '59 Skyliner restomod that's - > > worth less than half of what - > > I have in it, and then there's the Phantom III - > > Rolls-Royce, a lovely money pit - > > if there ever was one. - > > - > > I guess my point is that this is a hobby for most of - > > us, and all lower prices - > > might mean is that more enthusiasts will be able to - > > afford these wonderful - > > cars. That's not a bad idea- every market has - > > corrections now and then, and if - > > that's what this is, so be it. I think the overall - > > trend will be up in the - > > long term, no matter what. - > > - > > Cheers, - > > Mike Heroy - > > CSX4045 - > > 67 GT500 #841 - > > 68 GT500 #389 - > > 85 SVO - > > - > - > - >__________________________________________________ - >Do You Yahoo!? - >Tired of spam? Yahoo! Mail has the best spam protection around - >http://mail.yahoo.com - > - >----- End forwarded message ----- - > - > - > - - _________________________________________________________________ - Don’t just search. Find. Check out the new MSN Search! - http://search.msn.click-url.com/go/onm00200636ave/direct/01/ - -
