aquamini wrote: you can still buy near concourse mk1's for under 10k which think personally is the right price considering properly done restoration costs.
Exactly,and I'm not for Minis becoming unaffordable generally, nobody is but who the hell is gonna spend £20K , several years of their life and a marriage break up restoring a rare S for example (and they are rare) and sell at 'In The Shed's' suggested £10K ??? The sentiment is heart warming but in reality it's a bonkers argument this one.
I'd love that Tardis to enable me to live in the past when cars were cheap and plentiful and I could grab stuff out of Loot on a Saturday morning or off scrap yard heap for next to nowt but times change alot more than we are aware and this resistance to the hard facts that the cars are hard to come by, mega bucks to restore and highly sort after are heard to ignore (though you lot are having a damn good go at it !
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How can something so sort after and now not so common remain at the same prices ? To my mind it's a completely nonsensical 'argument' that it doesn't look like I'm winning ! (
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You also have to take huge restoration costs into account and take that the cliche of old bloke with the S in the shed that would have sold it for a few hundred quid because he didn't know the true value or demand for them ten, fifteen years ago ,is now on the internet and fully clued up as to what's what, it's a different world we live in ! I also wouldn't take bloody Ebay or dealer prices at face value (which is what started this thread), half the time the prices are not what people pay, they're fluffed up with shill bids on Ebay and the dealer prices are just that, prices, not what buyers seem to pay.
Yes the dealers are ignorant and just after a buck but they can't rig a market unless they buy everything up (which I suppose is potentially possible) but I personally don't see them making a massive impact on the market, I genuinely can't see a day when the Mini isn't a sort after car or a day when there's more cars available than buyers, as I say it's always been going the other way, why would there be a reverse in that trend. The Mini is and always was much more than a commodity for the rich as in Rich's E Type story, the E Type was never a classless car, the Mini definately is.
The litmus test is exactly what Rich has touched on, mutants and (most) plastic Minis do not seem to have suffered the same fate of price inflation , because hardly anybody wants one. You can pick up an early mutant for peanuts, I've done it, how do we market rigging conspiracy theorists square that one ?
*heads for the bunker*
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depending how far you want to go.
