1953 Hornet convertible for sale --not mine

lostmind
lostmind Expert Adviser
in HUDSON

http://forums.aaca.org/f119/1953-hudson-hornet-388252.html

Any guess on the price?


Comments

  • RL Chilton
    RL Chilton Administrator, Member
    Looks like the one Russ Maas restored a few years ago.  If it is, it's been making the rounds from one speculator to another and from one auction to the next.  I think it last sold for 170+, or so. Best guess, the current wholesale dealer is asking 195K.  And that's all speculation on my part, too.  
  • Lee ODell
    Lee ODell Senior Contributor
    That's strange. They are requesting Rice. How many tons of rice will it take to purchase car?

    Lee O'Dell

  • KTRON
    KTRON Member
    edited February 2015
    Can someone explain to me why this car is priced at $150-200K?
    I can understand how much time and money it takes to completely strip down and restore a vehicle, but typically thats your out of pocket costs, and not what the vehicle is worth. Ive been restoring my vintage GMC truck for 4 years, have many thousands of hours and roughly $40K into it, but at the end of the day its still a truck worth maybe $25K. What makes this particular Hudson so special in that it commands such a value? Ive always heard that when it comes to restoration work that you never (monetarily) get back out of it what you put into it,

    Chris
  • RL Chilton
    RL Chilton Administrator, Member
    That vehicle, or anything else in this world is worth what you can sell it for.  
  • Uncle Josh
    Uncle Josh Senior Contributor
    Supply and Demand, like everything else
  • Lance
    Lance Member
    Chris, There's an old expression in the car collection field  'when the top goes down the price goes up' 
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