Prices on the Hornet Coupes Are UP

[Deleted User]
[Deleted User]
edited November -1 in HUDSON
If you want a chuckle, check out the price guide on this website...



1951 Hornet Club Coupe, high retail 24K, 1952.... 26,600K 1953.... 28K 1954 .... 16K



The shift upward continues and now look at the disparity between the model years. Yes I know it is only one guide but goes to show how few Hudson cars sold can influence a price guide. Just a month or so ago they were all in line with each other. Bottomline is these prices will be all over the place and won't be getting cheaper, just stranger... should be entertaining.



If someone has the time, it would be interesting to check out two or three of the price guides (especially next month when the BJ auction results post?) and see the comparision. Let us know!

Comments

  • Unknown
    Unknown
    Does old cars price guide still value commodore 8's higher than hornets?
  • Unknown
    Unknown
    Yes, but not if they're green. :rolleyes:
  • 50C8DAN
    50C8DAN Senior Contributor
    hudsonkid wrote:
    Does old cars price guide still value commodore 8's higher than hornets?



    As they should be!
  • Unknown
    Unknown
    should the 54 be that much lower??
  • Unknown
    Unknown
    The latest most recent copy of OCPG that I have still has not recognized the difference in value for coupes and sedans. It also is grossly undervalued on convertibles. I just don't think they spend much time tracking the orphans. OCPG seems to adjust their pricing on the original cost of the car. That's why they have Hollywoods higher than coupes. I would guess while the 52-3's seem a little more popular, The value of 54's should not be much different, and they seem harder to find in coupes anyway.
  • Aaron D. IL
    Aaron D. IL Senior Contributor
    Commodore 8's were supposed to be their top of the line "luxury cars" and a C8 convertible is a very rare bird indeed, doesn't mean it's valuable if no one wants it though. What is this the stock market?!
  • Unknown
    Unknown
    What a coincidence, I received April 2007 OCPG today. I'll list hornets in #1 condition (OCPG 95+ points and not driven)



    1951 conv $49K

    Coupe $22K

    Sedan $21.1K

    1952 Conv $47K

    Coupe $20.3K

    Sedan $19.1K

    1953 Conv $48K

    Coupe $20K

    Sedan $19K

    1954 Conv $55K

    Coupe $21K

    Sedan $18.6K



    AS you can see, Hudsons are not realistic in current market prices in OCPG. Especially if you're talking true #1s. Anyone wanting to know about anything in particular, let me know.
  • Unknown
    Unknown
    Prices depend on what the seller wants and what someone is willing to pay. NOTHING ELSE. price guides are just that and not really correct. As I remember they even list Terraplane 8 Coupes. When was the last time you even saw one, much less one even being sold. Extremly rare bird,!! big deal!!. Only one that I know of in many years was sold 2 years ago.
  • Unknown
    Unknown
    Anyone who has invested in a professinal restoration can tell your that when it comes time to insure the car, insurance companies use the unrealistic published values. This was the case with my car which, by the way, was restored just before I bought it. When I went to insure it, I was told that I could not get the value I wanted. When I asked why, I was told that the OCPG value was lower than I wanted. Heck, the cost of just the paint work and upholstery exceeded the value they wanted to use. I had to contact the company vice president and raise a stink in order to insure the car to a realistic level . What a PITA. :mad:
  • Unknown
    Unknown
    I'm aware of aware of several sales in the past year or 2 (maybe really nice #2's) that sold for more than #1 OCPG. They are just way off on Hudson and don't have the correct spread for body styles.
  • Unknown
    Unknown
    That's why I don't want mine looking too nice, then I have to figure out how to insure it for way more....
  • Unknown
    Unknown
    Interesting subject. Insurance. I wonder how many of us have our cars insured for their actual replacement value? My case is how could I ever replace my car or find major replacement parts for it and it would just about break me to pay insurance premiums on what it would cost me to fix it if I ever was in an accident. You have to remember that this is a hobby against what is reasonable.!!! Its a *****.!!!
  • Aaron D. IL
    Aaron D. IL Senior Contributor
    I know it's not in anyone's power and I may catch some flaming for saying this but I'd like to see all the non-car people / speculators out of the hobby.



    As far as insurance tombia I've had good luck with State Farm for my Hudson. At least I know they'll fulfill a claim if the need arises.
  • Unknown
    Unknown
    Aaron, (FLAME ON YOU :p ) Just curious as to why you think non-car people and speculators should be out of the hobby?



    As far as SF insurance goes, I'm glad you've had good luck. But just as there are may who aer pleased, there are as many others with horror stories to tell. Me included. But that's a long story I'll relate to you in person.
  • Aaron D. IL
    Aaron D. IL Senior Contributor
    Well Call me a Commie but I look at it from a populist perspective. Speculators get involved for the status symbols and the trophies and for profit. They drive prices up for the rest of us who actually care about the cars and are passionate about them, driving preserving, and maintaining them. Forcing a lot of good gearheads to be on the outside of the hobby looking in. Gearheads value the machine, speculators value the money. Real car guys value what is intangible about owning a classic car. Speculators and non - car folks only value what they can get out of it materialisticly. Too much money gets involved in any hobby it sucks the fun out of it. It ceases to be a social activity and becomes an economic activity. That's why I think BJ and his kind do damage to the hobby and I firmly believe it would be a loss if only the richest people could participate. It's a great thing that regular middle-class (which is shrinking in this country) gearheads can get involved in preserving and enjoying American history... That every weekend across the country there's people who get into their classic car and go to cruise night or a show and meet others who share that passion. Must we rely on the Smithsonian and rich benefactors for everything? Should we hope guys like Andrew Carnegie will be condescendingly kind enough to the rest of us to open car museums we can all go to ? It's already an expensive enough hobby as it is without it being turned into a a defacto stock market.
  • Unknown
    Unknown
    Aaron,



    Thank you for sharing a very interesting and well thought out explanation of your opinions. Have you though about running for office? :D
  • Aaron D. IL
    Aaron D. IL Senior Contributor
    What and quit showbusiness? LOL
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