06-29-2009, 06:52 AM
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Reserve apparently dropped at 24.9k
I think the reserve was gone at 24.9k. In response to the comment above, I guess only time will tell if the deal actually happens, but I really don't think the price was too far off the current market. I am a cash buyer, and I can tell you that I would have bought it at the reserve price with no hesitation. I was waiting with my finger on the button in the hour before the end of the auction, but when I saw it shoot up I decided it was too rich for me. Guess I'll have to make do with what I've got. Congrats to Bob on a nice car and a well attended auction!
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06-30-2009, 06:00 AM
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Join Date: Nov 2005
Location: Cape Cod
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 Quote:
Originally Posted by jmn
I think the reserve was gone at 24.9k. In response to the comment above, I guess only time will tell if the deal actually happens, but I really don't think the price was too far off the current market. I am a cash buyer, and I can tell you that I would have bought it at the reserve price with no hesitation. I was waiting with my finger on the button in the hour before the end of the auction, but when I saw it shoot up I decided it was too rich for me. Guess I'll have to make do with what I've got. Congrats to Bob on a nice car and a well attended auction!
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Let me do the math 33.1 minus 24.9 = 8.2 divided by 24.9= 33%. If you still consider the price to be "not far" from the market and we have real past owners that have owned over 100 of them helping set the reserve .....well I think it was out of your market and mine too obviously. This exercise just helped me established my sell price on my '57 Spider Veloce at $65,000...NO RESERVE. Show me the money, anyone! I have now successfully established the market according to me.
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06-30-2009, 06:29 AM
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Not quite.
The only problem with your logic is that you need a buyer AND a seller to set a market value. Bob's car appears to have found both, while you apparently don't have a buyer willing to give you 65k. On the other hand, if you do find a buyer, that would help to establish another market data point. Actually, if your car is properly restored and correct with good history, you might not be too far off.
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06-30-2009, 07:29 AM
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It has all the bells and whistles..show me the money
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06-30-2009, 07:46 AM
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Banned
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Quote:
Originally Posted by divotandtralee
Let me do the math 33.1 minus 24.9 = 8.2 divided by 24.9= 33%. If you still consider the price to be "not far" from the market and we have real past owners that have owned over 100 of them helping set the reserve .....well I think it was out of your market and mine too obviously. This exercise just helped me established my sell price on my '57 Spider Veloce at $65,000...NO RESERVE. Show me the money, anyone! I have now successfully established the market according to me.
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It's worth $65K IF it is a Pebble Beach condition car....otherwise I think the relistic value is around $45K
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06-30-2009, 07:47 AM
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pics?
Sounds interesting. Let's see some pictures, or are there some on here already?
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06-30-2009, 07:51 AM
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Quote:
Originally Posted by BAMAALFA
I watch a 1964 sell today in Birmingham at auction for 17k plus 10% buyers fee.
It was a decent driver with tired paint, little bondo, fair interior, and no rust that I could notice with a pretty good get on my back under the car inspection. The trunk floor looked newer. Other floors were original and solid.
The car seemed to run ok, but you really onlyr hear it run when cold and for a few minutes.
The top and interior were about a 7. The tires looked good.
I bid it to 13k. I put it at a 4 plus/3 minus car.
Here is a link to the auctions website: Worldwide Auctioneers |
Normale or Veloce...if it was a Veloce, it was a bargain, IMO
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06-30-2009, 07:52 AM
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Banned
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Quote:
Originally Posted by jmn
I think you get what you pay for, mostly. A Giulia Normale just sold for 33.1k on Ebay. Welcome to the real world. I looked at the car, it was nice, but just a driver, with typical rust bubbles here and there, needing minor body work on nose and drivers front fender, lots of oil underneath. Good driver, good history and a great enthusiast owner. The market has spoken, and old Alfas are moving up fast.
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IMO only someone acting silly would buy a 101 normale needing $20K worth of work for $33K....
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06-30-2009, 08:26 AM
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Nice car
Quote:
Originally Posted by dretceterini
IMO only someone acting silly would buy a 101 normale needing $20K worth of work for $33K....
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I don't want to give the wrong impression. THis was a real nice original decent car. THe things I pointed out are the things that separate this car from show cars. It's a driver, and it was presented as such, but it is a really nice driver, probably better than 90% or 95% of the Alfas that typically would show up at a local club event. If you've seen the pics on ebay, you get a pretty accurate impression of the car, other than a few minor things I mentioned in my original email. I would say that if you put $10k into a paint job and put the original carb/air cleaner on plus a little minor fiddling here and there, this car would win any local Alfa concours. Based on what restoration costs actually are, that's not a bad deal.
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06-30-2009, 09:19 AM
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Quote:
Originally Posted by dretceterini
It's worth $65K IF it is a Pebble Beach condition car....otherwise I think the relistic value is around $45K
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Stu, you are right on the button. It has history as a former dealer out of the box racer, transformed back to street; won many National Concours; was the Chicago Auto Show centerpiece for ALFA in 1985...blah blah blah ...Not a PB car...just sweeter than most. Ergo, my smart assed "buying" NOT ASKING price. Rick
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06-30-2009, 10:17 AM
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750F in pretty nice shape. $50K auction result here:
Market 97: Very nice 750F Spider Veloce « Alfa Romeo Giulietta’s
Is yours along these lines Rick?
__________________
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06-30-2009, 11:12 AM
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Quote:
Originally Posted by alfa soon
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I would say so. No two cars are the same. He has Bosch I have mostly Lucas with Marelli on the shelf. His is probably cleaner underneath. Mine has original undercoating and rockers. Original door panels and excellent re-do on seats Black with red piping. Excellent door fit that close with one finger tip pressure. Dark red exterior, red wool carpet fading; 5-speed installed to accomodate 5.12 racing heritage fitment. Correct steering wheel and no glove box door. Orig VIS windscreen with some scratches which I prefer for patina and originality. Last time shown was NH Convention and Copper MT. We won something but can't remember what at Copper. Won 1st or 2nd at Tulsa, KC, St Louis. NH I displayed only with two cars a wife and a dog. Trophies aren't my gig anymore nor are they getting any easier for such long a tooth resto. USAF OTS taught me enough not to sweat the small woolies in life after being inspected by some zealot who's aviation future was behind desk. I'm on the final legs of a 57 Sprint resto and it will be display only so I can enjoy a cold Pabst. It'll be in DC with my Spider, I hope.
Last edited by divotandtralee; 06-30-2009 at 11:26 AM.
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06-30-2009, 09:28 PM
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Interesting threat and good info to start a search - I am planning on re-shuffling my classic car deck and just getting into the market for a 750F Spider Veloce.
I thought that $35 - $50k is a good price band for either a nice, unmolested car or one that has been done to high standards and is correct, unmodified, unaltered and in the right, correct colors (~2+ to 2- restoration on the SCM scale, i.e. not Pebble Beach, but perfect driver and/ or contender for local shows).
As a current buyer, I don't think I would shell out $65k for Rick's car after the short description, unless it is perfect in any way.
Let me know if you know of a non-red, non-white car out there - Extra kudos (and money) for a PF hard top 
Mike
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07-01-2009, 04:52 AM
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750 F in Arizona
Mbaum,
The car looks great, I believe it is a steal at the price, if the car is as described. However, I noticed that the engine has a higher number as expected. I have the chassis number prior to it and the one ten numbers up (both in the same color) , both have an engine in the 313** range, only 16 numbers apart, therefore I doubt that it is a matching number car. I am not sure if it is a 750 veloce engine at all, this is still fairly easy to fix, it has the right veloces items like the airfilter, box and the DCO# carbs, rev counter. The data plate shown in the pictures also shows a different chassis and engine number.
The steering wheel and seats are from a later model.
Still I would consider to purchase it if it had been on my site of the ocean.
Someone should check the car out and brief us.
regards,
Jelle
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