RUMCars Forum
General Category => Unusual Microcar Discussion => Topic started by: richard on December 16, 2010, 05:48:21 PM
-
always a good read. to those not in the know these monthly guides used ,mainly by the trade , to ascertain the value of second hand cars. the latest one i found was october 1958 . interesting valuations on some of the rarer cars - how on earth did they come up with these :
Bond 1949 with 73000 on the clock !! (cost new £199) now worth £45
AC Petite 1953 49000 309 145
Coronet 1957 10000 450 310
fuldamobil 1956 22000 430 180
Gordon 1955 31000 270 155
Powerdrive1956 19000 412 235
Tourette 1957 10000 288 185
did these sort of mileages actually occur on these cars? no wonder there arent many left ! 10,000 miles a year in a micro . brave men indeed :-\
-
These valuations used to be based on trade feedback. As such they were pretty accurate for run of the mill mass produced stuff. The less cars that were traded the more the case history is important to avoid distorting the figures. Nothing changes as today's classic valuations tend to reflect auction results and/or club valuations. Clearly therefore they are pretty accurate for common stuff but the rare stuff can be manipulated or wildly out of touch with real prices.
I like these old price lists though as it shows relative values to what else was available and often the spread of depreciation. This is telling as it shows the reaction of the general car buyer. It is often at odds with what is later found to be a well designed and engineered car with merit. The fickle fate of tittle tattle.
Yes folk were hardy in those days but you girlfriend was well impressed by some of these cars over an old sidecar outfit. The Smart or Figaro of thier day!