Value increases, was: <VV> Greenbrier and corvair values (long)

[Norman C. Witte]

I have to agree with Mark and Joe.  One of the things I like about Corvairs
is the relatively low snob factor.  While this results mostly from the
relatively low dollars these cars command and their besmirched reputation,
it benefits those who have the depth of character to see through these
superficial things.

Another corollary of rising car prices is rising PARTS prices.  If the cars
go up in value, parts suppliers will certainly raise their prices as well.

I see myself more as a buyer than a seller of Corvairs, and so do not
welcome price increases.

Finally, a great way to encourage new blood in a hobby is to make it
affordable.  Increasing values excludes newcomers to the hobby.

Norm Witte


> -----Original Message-----
> From: virtualvairs-bounces at corvair.org
> [mailto:virtualvairs-bounces at corvair.org]On Behalf Of airvair
> Sent: Friday, March 25, 2005 11:56 AM
> To: N. Joseph Potts
> Cc: virtualvairs at corvair.org
> Subject: Value increases, was: <VV> Greenbrier and corvair
> values (long)
>
>
> Increases in value depend upon whether you are a "have" or a
> "have-not."
> It's positive to the "haves," but only when they sell. But on
> the flip
> side, it's a negative to the "have-nots" who desire to get into the
> market. MAYbe it will spur the restoration of deserving project cars,
> but restoration costs often exceed market gain, until the cars get
> rediculous in value. Besides, nobody should get into car
> restoration as
> an investment.
>
> I'm like you, Joe. I tend to buy a car and keep it forever, rarely
> selling. Which explains why I still have my '84 Impala and '95
> Transsport, along with my "new" daily transportation, the '03
> Cav. And I
> still have the third Corvair I ever bought, my '67 convert,
> AND my fifth
> Corvair, the infamous '69 Corsa.
>
> -Mark C
>
> N. Joseph Potts wrote:
>
> >My thought is that increases in the money value of our
> treasures increases
> >the risk of their being stolen. Since I just want to keep
> and enjoy mine,
> >and my kids want to inherit the car (one car, two kids who
> share nicely),
> >the dollar value of Fireball holds NO positives for me,
> unless hard times
> >hit and I have to sell it for food.
> >     Obviously, this is just MY take. Yours is likely to be
> different in one
> >way or another.
> >
> >Joe Potts
> >Miami, Florida USA
> >1966 Corsa coupe 140hp 4-speed with A/C, The Stick, Lo-Jack,
> ignition kill
> >switch, and lots of other stuff like that
> >
> >-----Original Message-----
> >
> >I think we should celebrate these changes - our restoration
> efforts  (Which
> >easily cost $10k to $20k these days) will finally come back
> to us and  many
> >cars that "weren't worth restoring" will have a place now.
> >Any thoughts?
> >Craig Nicol
> >65 Corsa EFI vert
> >66 Monza 140/4 EFI
> >67 Monza 140/4 sedan
> >
> >
>
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