[Chrysler300] C300 Market

["Rich Barber" <c300@xxxxxxx>]

An eBay associate just started offering a service that recalls all previous
eBay car sales for cars 20 years old or older.  I looked up the 1955 C-300
and it listed the top ten sales in recent years at (descending): 55K, 45K,
35K, 30.2K, 25.2K, 15K, 13.27K, 13.17K, 5.05K, 4.15K.  They are unable to
pull up many of the auction pages so you can see what the car was.
www.collectorcarpricetracker.com
  
The two that went at an RM auction recently at $100K+ were most certainly of
a higher grade.  

Based on these observations, I have elected not to do a major restoration on
our nice driver C-300 as it would probably not be a good investment under
current market conditions.  However, our car has probably declined less than
our house or our portfolio in the last 12 months.  I do realize there are
other motivations besides economic to collecting and restoring old cars.

Current NADA:  http://www.nadaguides.com
 
Original MSRP: $4,110  

		Low Retail Average Retail High Retail 
Base Price 	$28,000       $41,800        $88,700 

Also, we're having a depression!  It's been in all the papers.  And, there
may never be another Chrysler built.  Investment in orphans, however rare
and classic, has not always been a good idea.

C-300'ly 
Rich (McFrugal) Barber
Brentwood, CA (64 degrees at 2PM--had to run the a/c in the Jeep yesterday,
saw a flowering crab in bloom in Beserkeley yesterday)

-----Original Message-----
From: Chrysler300@xxxxxxxxxxxxxxx [mailto:Chrysler300@xxxxxxxxxxxxxxx] On
Behalf Of wmdgrn
Sent: Saturday, January 17, 2009 1:21 PM
To: Chrysler300@xxxxxxxxxxxxxxx
Subject: [Chrysler300] c300 at Barrett-Jackson

Can anyone shed some light on why the '55 c300 went for less than
$30,000 at auction today?  I am totally baffled and worried about the
value of my c300.


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