...then you'd really have something worth the money.
I was taken aback by the selling price of this Laguna Blue 1964 Daytona convertible on e-bay: An R1 clone with air: $35,000:
So I thought I'd have a little fun and see how comparable 1964 and 1965 Chevys were doing...you know, the ones "worth restoring" from an investment standpoint.
There were 345 Completed Listings when I keyed in years 1964 and 1965 for Chevrolets, so I wasn't about to spend all afternoon and make a career of the project. Nonetheless, here's some comparables.
A nice '64 327/Glide that sold for $28,100:
Geeze, a 409 didn't even get bid to $30,000:
This Malibu is a six, so that certainly held the money down:
The hyperbole on this '65 Impala is 'way over the top, it would appear, but they did sell it for less than $10,000:
'Betcha the custom touches held this Malibu down, or it would be comparable to the subject Daytona:
Ditto the color and goofy tires / wheels on this '64 Impala:
Well, that was just scanning the first three of seven Chevy pages (awful lot of Corvettes!), but the $35,000 Daytona, assuming it really did happen, is good news for anyone "wasting their money on a Studebaker" when "you could be restoring something that was really worth the money!"
Ah, conventional wisdom....BP
I was taken aback by the selling price of this Laguna Blue 1964 Daytona convertible on e-bay: An R1 clone with air: $35,000:
So I thought I'd have a little fun and see how comparable 1964 and 1965 Chevys were doing...you know, the ones "worth restoring" from an investment standpoint.
There were 345 Completed Listings when I keyed in years 1964 and 1965 for Chevrolets, so I wasn't about to spend all afternoon and make a career of the project. Nonetheless, here's some comparables.
A nice '64 327/Glide that sold for $28,100:
Geeze, a 409 didn't even get bid to $30,000:
This Malibu is a six, so that certainly held the money down:
The hyperbole on this '65 Impala is 'way over the top, it would appear, but they did sell it for less than $10,000:
'Betcha the custom touches held this Malibu down, or it would be comparable to the subject Daytona:
Ditto the color and goofy tires / wheels on this '64 Impala:
Well, that was just scanning the first three of seven Chevy pages (awful lot of Corvettes!), but the $35,000 Daytona, assuming it really did happen, is good news for anyone "wasting their money on a Studebaker" when "you could be restoring something that was really worth the money!"
Ah, conventional wisdom....BP
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