51 hornet convertable
hi everyone, looking on e-bay and found this under other makes/hornet. item #290173299333, check it out. lots of parts that need to go back on, but it is a rag top. looks {from the pics} to be solid, 5 days to go and bidding is at 6 thousand at 25 bids. anybody know this car? says 551 converts built in 1951. dermott.:cool: :cool:
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44 bids, standing at $18,600 (reserve still not met), over 2 days to go. Guess the days of the $5,000 convertible project are well and truly over. Glad I got into this hobby when I did.0
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I wonder what it would be if there was an engine to go with it?0
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I'd sell mine for that price. All original, no rust, no dents all parts are there...0
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Apparently, the car was withdrawn from auction yesterday afternoon, when the price had reached $18,755. "The seller ended this listing early because the item is no longer available for sale." I guess $18 grand for a Hudson convertible in pieces, does not meet the seller's expectations. It's a new world out there, to us long-time Hudson owners...0
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Well if you stop and think about it, if the chrome was done right, thats about 10 grand by todays standards. So maybe that isnt so bad afterall.0
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I Agree, While you'd have to see it, but from the pictures it looked pretty good. It is a Hornet and if all the conv parts and stainless are there, And the chrome was done well. the engine and trans are the least of your worries. How much would you have to put into a rotted one to get it to this point.0
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It's a sellers market right now and lots of people have a lot of disposable income. It isn't good for the average working Joe but it's great for the folks with the goods. This could all collapse pretty quickly and then the same folks will be scrambling to dump their toys to pay for their every day expenses, we're starting to see it in Southern California now. Lots of people upside down in their mortgages and homes going into forclosure all over Socal. Things will never go back to how they were but prices will get back to where the average working guy can buy a car that he can fix up himself and still pay for the expertise he doesn't have. To me that convertible was way over priced but to someone who has to have it, the price was probably right, it looks like to the seller it wasn't enough, I guess as long as there is someone willing to pay the sellers price that will be what the car is worth. There is an old saying in the horse auction business, the horse is worth what the killer is paying, anything you get above that is a bonus, training and pedigrees don't matter because the horse could be lame tomorrow. I think it's the same with cars, you could get it totalled tomorrow then it is worth scrap prices, anything more is a bonus.0
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I think a lot of it (at least for the "smaller" collectors) is as an investment that will hopefully earn more than the miserable stock market has been the last 10 years or so (about 3% a year growth, which puts most guy's retirement age at about 85). I know of one guy who has bought 3 of the most sought-after model in his marque- gets to drive them, has good storage, and says he has already doubled the funds he took out of the stock market to buy them. Time will tell whether it was a good investment.0
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Does anyone know who bought it? My guess is a man from Pittsburgh area who stopped at my garage on Friday and talked with Ken & I about value of stepdown converts and availability of parts. He did say, he was thinking about that one on ebay, because he needed a winter project. When I checked ebay Friday evening, I saw it was sold.0
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