<VV> Was: More thanks/More questions, Now: ebay $19k 66 'vert (long)

[Dave Morris]

On eBay unfortunately there's also the inevitable question of whether the 
"check has cleared the bank" yet... i.e. did the high bidder belly up to 
the bar in the end.  (I didn't look to see who won this one, so please 
don't flame me... I'm not impuning his integrity!)

Dave Morris


At 10:36 AM 12/10/2004 -0500, you wrote:

><snip> Also, can anyone explain the reason for that high end price for the 66
>Corsa turbo
>vert that sold on eBay.  Obviously a great car but thats the highest number
>I've seen in my few short months of involvment. Has the rest of the world
>discovered Corvair? <unsnip>
>
>Yes, $19K for a Corvair is pretty amazing.  I think there are a couple of
>factors at work. The collector car market is in the middle of another 
>run-up like
>we saw in '87.  The desireable stuff (muscle cars, Camaros, Mustangs,
>tri-five Chevys) are all in the 20K to 35K range.  Most first gen Camaro 
>convertibles
>are now $30K to $35K.  There's enough demand to permit reproduction of entire
>Camaro convertible bodies ($12K).  Mopar muscle convertibles are $65K+.  This
>run-up has priced many out of the "main" market and the secondary collector
>car values are now being pulled-up, including Corvairs.  A couple of years 
>ago,
>it was rare to see a Corvair exceed $10k (or even $7500), now it's becoming
>more common.  The good news in this is that restoration of a Corvair
>(restoration of which costs the same as a Camaro or Mustang), may no 
>longer be a money
>losing venture.
>
>The other factor in the sale of the '66 Turbo convertible is the combination
>of rareness and desireability. This car, in fact, has more points of
>desireablilty and rarity than any I can recall. Rareness can either be due 
>to the fact
>that nobody wanted the car (like a Loadside, apologies in advance) or because
>they were all "used-up" long ago, or because they were desireable but few
>"stepped-up", like this '66 or a 427 Impala 4-speed wagon, for 
>example.  AFAIR,
>they only made about 2500 '66 Corsa Turbo convertibles; rare and 
>desireable (1
>point), great shape (2 points now), highly optioned (3 points), rare,
>desireable color (4 points), low miles (5 points), semi-famous owner (6 
>points),
>unstock modifications (minus one, back to 5 points). Kinda like a trifecta 
>sweep; so
>many points in one vehicle. The typical Corvair, let's say a '63 Monza 2dr AT
>in great condition might hit only one of the above points, so it won't "break
>the bank" like the '66 did on ebay.  My most desireable Corvair is about a
>3-pointer.  My other two, while very nice desireable cars, hit only one or 
>two
>points.  A 6-point car is extraordinary and the selling price reflects this.
>Craig Nicol
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