Another 46 Pick-up on eBay

Looks like a decent truck. Makes me feel pretty good about my buy

Harry Hill wrote:

From the looks of the truck and the minor flaws seen (and not addressed), my guess is that the seller acquired the truck (as-is) and is just 'turning it around' for a quick profit...

the truck gets less impressive as the bidders get more silly and the reserve isn't met yet. Maybe it's just me but I don't see the value when prices get unreasonably high. Being a buyer though is totally different than being a seller and maybe if it was mine I would see it as more valuable than I do now. At this price though I have lost interest.



Harry[/QUOTE]



Harry, I've been around this Hudson club (37 years) and the old car hobby in general for a bit longer than that and here's my observation on prices.

Up until sometime in the 1970's one could go and find a car (literature, parts, whatever) and deal with the seller. Example - you went to a flea market and you found that owners manual you'd been looking for. Now in 1970's prices you and the seller both knew that it was worth, say, $15, $20. Seller got a $25 or $30 price tag on it. So you offer him $10. He thinks on it, says $25. You go back and forth - you wind up paying $20 for it. And both happy with the transaction.

Sometime in the 1970's, early 1980's the market began to change. A prospective buyer went to a flea market, found that owners manual, knew what it was worth - but the buyer says $40, way over what's it was worth. However, buyers began to break their arms to get their billfolds out to pay that $40. What's the sellers reaction?? "Whoa, hey - these cats are nuts!!!" And prices began to skyrocket and the fun went out wheeling and dealing.

If you walked up to most sellers after the 1970's and tried to bargain with a seller for something - he'd most likely tell you to buzz off, somebody will come along and pay this price.

Along with paying sellers price also came the "Gotta have it at any cost" people, tho this isn't hard and fast. A lot of bidding on ebay is out of control because somebody want's something and is willing to spend the money - usually more than most of us who know what's going on is going to spend.

Maybe the above is a simplification - but it's what's happened to the hobbies. And once or twice I've been guilty of it myself - for example I paid $105 for a National Service manual - it covers the 1929-1939 years and that late 20's info is hard to find. But now it's easy because the Hudson stuff is on my web site.

Everybody have a great day.



Hudsonly,

Alex Burr

HudsonTech

Memphis, TN