Re: Are prices trending downwards for late 1930's Packards ?

Posted by Tim Cole On 2019/3/28 18:40:07

We do a lot of engineering work on Mustangs. They are not a car I would buy for myself because I don't want one. The Roush option is a very impressive performer, After about two blocks I couldn't understand why anyone would want to buy that antique stuff. Ditto the Chrysler Hell Cat. $65,000 gets you a car that will outperform the best factory built competition car. However, a little 4 cylinder BMW will beat both of those on the test track.

So the only reason to buy an antique car is if you like the car. For example, I remember bombing around in Billy Hirsch's 745. I hope whoever has it now will take care of it, but I'm thinking about retiring overseas and don't see much use for that stuff in places like Vienna, Prague, Berlin, or Warsaw let alone Acapulco.

These cars make me laugh. $28,000 for a Packard with an interior from the Men's Warehouse is absurd. I also notice how the prices keep going up on cars that have been for sale for years I assume because these people think are some kind of capital investment.

I knew somebody who lost money on four Duesenbergs. Enough said.