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Kirkham Motorsports

 
 
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Old 08-23-2010, 09:03 AM
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Join Date: Jul 2010
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Default I am probably opening a can of worms here

But I am interested in forum feedback on the current market for Kirkhams.

Now I know a lot of you already have cars, and that, human nature being what it is, are going to be somewhat protective of the idea of value.

That aside, it seems reasonable to suggest that the market price of these cars has been affected by the state of the economy in general. Pricetrends for many collector cars seem to have been substantially lower in many recent auctions.

I see quite a few of the most "common" cars (427 SC with a Keithcraft type motor) for sale near or above 6 figures and , while the replacement cost (new) might still be at or near these levels there seems to be virtually zero interest on the part of buyers at these prices.

Cars that are offered on EBAY seem to suggest that there are interested buyers of (used, sorted out) vehicles in the 60K to 65K range with some consistency.

Using the recent auction of a virtually new SC at Monterey as a guide,
it would seem to suggest that mid 60's is where the market will actually clear at this point. 75K less 5K for the stainless frame and 15K for a supercharged aluminum build plus or minus a couple of K for the Auction fees seems to suggest ~60K is the right number for a more plain vanilla car.

Now I know doing these kinds of evaluations gets hard with anything as unique (each one) as a Kirkham where transactions are infrequent at best so take my comments with (of coourse) a grain of salt.

the point of the post is: what do you guys think would be a fair price to buyers and sellers TODAY if you were in the market as a buyer?

Thanks in advance, please don't flame me.
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