Re: 1956 Caribbean Convertible on eBay
Posted by Mike Grimes On 2011/10/1 8:49:59
The problem here is that this is a very uneven market. There were a very small number of this model built and you can go for a couple of years without one being on the market. This year there have been at least 3 or 4. So, if you want one, you could have your pick of colors and level of restoration. An unusual year.
I believe this car was a "no-sale" at one of the Monterrey auctions last month with a high bid of $80,000. If the seller could wait for one of the Scottsdale auctions, one man's opinion is that in an environment where there are a lot more buyers than the Monterrey auction, the sale price could be near or above $120,000. Mark Hyman is offering a solid black 56 Caribbean convertible at $175,000. A great looking car.
Of course, the value of any of these great cars is finally determined by what the buyer and the seller say its worth on the day the deal is done. Given the right set of circumstances, $55,000 could be the answer.
One man's opinion and its is worth what you're paying for it!
I believe this car was a "no-sale" at one of the Monterrey auctions last month with a high bid of $80,000. If the seller could wait for one of the Scottsdale auctions, one man's opinion is that in an environment where there are a lot more buyers than the Monterrey auction, the sale price could be near or above $120,000. Mark Hyman is offering a solid black 56 Caribbean convertible at $175,000. A great looking car.
Of course, the value of any of these great cars is finally determined by what the buyer and the seller say its worth on the day the deal is done. Given the right set of circumstances, $55,000 could be the answer.
One man's opinion and its is worth what you're paying for it!
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