54 Hornet value

Unknown
edited November -1 in HUDSON
Hello, I might be able to purchase a very good 54 Hornet in a #2 condition and was wondering what you guys thought a fair price would be to pay for this particular Hudson? Thanks!

Comments

  • J Spencer
    J Spencer Expert Adviser
    Try this web site www.vmrint.com go to classic car pricing, click that on then it will lead you to pricing.



    JSpencer
  • Jon B
    Jon B Administrator
    Assuming that by '#2' you mean this car is of show quality, then I'd say somewhere between $10 and 20 thousand. You didn't mention body style; I'm assuming you're speaking of a 4-door sedan. A coupe, Hollywood (hardtop) or convertible would certainly bring more than a 4-door.



    Just watching the results on Ebay lately, I'm under the impression that high-#3 Step-Down Hudsons seem to be bringing $10-12 thousand. Which means that a #2 (meaning, ready to compete for prizes in your local AACA show) will probably command an even-higher price.
  • J Spencer
    J Spencer Expert Adviser
    WOOPS! my bad, the correct web site is www.vmrintl.com

    Jim
  • harry54
    harry54 Senior Contributor
    I think all these pricing services are guestimates. If you look at what's going on in the collector car world set at Barrett Jackson , prices seem to be climbing fast. I think it's getting more and more difficult to find a decent step down for under 20,000. If the car doesnt' need much. Although even at that price there always seems like there are things that need attention to get it show worthy.
  • harry54 wrote:
    I think all these pricing services are guestimates. If you look at what's going on in the collector car world set at Barrett Jackson , prices seem to be climbing fast. I think it's getting more and more difficult to find a decent step down for under 20,000. If the car doesnt' need much. Although even at that price there always seems like there are things that need attention to get it show worthy.



    I agree, the guides are just guidelines and in this case I think they are much too low on stepdowns. The coupe and convertible guide prices aren't even close. Niels
  • Ultimately, it's worth what someone will pay you for it, period.
  • Most price guides (OCPG, VRM, Manheim, NADA etc) seem to lag anywhere from 6 months to a year behind the market. Barrett-Jackson, Kruse and other high roller auctions represent the highest possible prices and you are not likely to see those prices anywhere else.



    I find that eBay is probably the best indicator of current prices. If you watch the completed auctions for a 30 or 60 day period, you will get a pretty accurate feel for what any particular make or model is selling for. Of course the condition of any given car is the biggest factor and it’s difficult to tell from eBay photos and descriptions how good (or bad) the car really is.
  • Aaron D. IL
    Aaron D. IL Senior Contributor
    Mr. Huges- If I were in the market I almost wouldn't inquire about value or price. You can follow the Ebay ads and get an idea what the demand is sure because the guides are only rough guidelines....but a better starting place is to say exactly what you want: ex. I'm lookin for a 1954 Hornet Sedan #2 condition Twn H - Hydramatic equipped.. People in the HET club or in this forum probably know where there is one for sale and what the owner would want and you can decide if it's worth it to you. Rule of thumb though, Coupes, Convertibles, and Hollywoods will be more. '54 Specials are desireable too simply because they were only made that year. IF you want a sedan you should be able to get something pretty nice at a reasonable price my point is, specifiy what bodystyle and drivetrain you are after. Harry is absolutely right too - Even if you get a so-called # 2 car you must remember that it is over 50 years old and unless it has really been gone over thuroughly it'll probably still need a few minor things here and there.
  • I saw the car today and it was not a #2 but a strong #3 car and a very nice one. The guy has taken one of the carbs off because he didn't like it using so much gas he said. Anyway I am going to offer 9500 and see what he says. It is a really nice 15 footer.
  • Jon B
    Jon B Administrator
    As a point of comparison, here's a '53 Hornet that a fellow is currently asking $11,000 for. Of course we can't see "under the skin". Still, you can get a feel for what is selling for how much, nowadays. http://forums.aaca.org/showflat.php?Cat=&Number=327019&page=1&view=collapsed&sb=5&o=&fpart=1
  • Hello, I might be able to purchase a very good 54 Hornet in a #2 condition and was wondering what you guys thought a fair price would be to pay for this particular Hudson? Thanks!
    Just to add balance to all the replies... Today I read the current issue of Hemming Motor News. One of the sections that gains a bit more attention than others is the small but valuable Hudsons For Sale section. One ad of note that has a direct connection to this question ... 1951 Super 6 Convertible For Sale... A model not often seen. The owner lists the car as complete...motor turns, comes with $5000 of rechromed bright work, a newly rebuilt 308 Hornet engine, new clutch, three overdrive transmissions, resurfaced flywheel and a parts car (albeit the ad fails to state the type and conditions). All that aside, the reader is now told for the total price of $8950... you can be the owner of a complete restorable Hudson convertible with all these extras. I am not in the market for another convertible ... but this a REAL STEAL ... possibly the bargain of the new millennium? So, guys all the conjecture about value is in the eyes of the beholder ... owner and buyer alike. I know when I buy a car what I want is the more important factor, price just determines if I can have what I want ... cheers ... from the Heart of Texas.
  • dwardo99
    dwardo99 Expert Adviser
    "He took one of the carbs off because he didn't like it using so much gas"? If that means he replaced the Twin-H with the standard single 2-bbl, OK, but if he's trying to say that he runs it with one carb removed from the Twin-H, look out. That cannot be true. Having said that, the mechanical condition is not so important, at least if you can do the work yourself. The real thing you want to know is what it's like underneath.
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