Mr. Foster is correct. I read sometime back that nostalgia drives over 40%
of the sales. Rick Marsh
----- Original Message -----
From: A. Foster <monkeypuzzle1@xxxxxxx>
To: <mailing-list@xxxxxxxxxxxxxxxx>
Sent: Tuesday, December 24, 2002 8:43 PM
Subject: Re: IML: 55 Imperial not sold on Ebay
> Ken;
> Mid fifties Chebbies are popular and well known even with people who
> aren't into old cars. Imperials, on the other hand are not well known and
> never that popular. On top of that the Imperial is really an orphan car,
> much like a Hudson or DeSoto, with no decendents. In short it is a matter
of
> supply and demand which is trigered by what people are nostalgic about.
Even
> with G.M's other makes from the same era, that are supposed to be higher
> end, most sell for fewer dollars then a Chebby.
> I think why people scoff at the price of this 55' Imperial is that fact
> that it is percieved as being misrepresented. They are trying to sell the
> car as an unrestored original when it is obvious that it was restored and
> uncorrectly so.
> As far as I am concerned if they want $30,000 for it, and no one is will
to
> pay that, then the market has spoken. Hearsay about sale values is one
thing
> but this factual. It may not be rational, or logical, but nostalgia never
> is.
> Best Regards
> Arran Foster
> 1954 Imperial Newport
> Needing A Left Side Taillight Bezel and other trim parts.
> ----- Original Message -----
> From: "kenneth leighton" <kenleighton@xxxxxxx>
> To: <mailing-list@xxxxxxxxxxxxxxxx>
> Sent: Tuesday, December 24, 2002 2:30 PM
> Subject: IML: 55 Imperial not sold on Ebay
>
>
> >
> >
> > Hi List,
> > The great 55 Imperial Coupe on Ebay did not sell. The high bid was
> > $19,601.00 which did not meet the reserve. I was looking at my new
> edition
> > of Old Cars Weekly and the car is advertised in the Chrysler for sale
> > section for $30,000.00 obo. I guess that must be closer to the reserve
> > price that he was asking. I don't understand why he started the bidding
> at
> > $5,000.00 if his price was so far away. I guess this gives the bidder a
> > false sense of the real asking price. I still don't think that his
asking
> > price is all that out of line when mid fifties Chevy's are going for
what
> > they are. I have heard of these mid fifties Imperials going for that
and
> > more.
> > Ken
> >
> >
> > _________________________________________________________________
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> >
> >
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