Makes me wonder what they are trying to get out of it.. I am glad so see that it is hitting up over 20k and climbing in the OEM form, it is giving me a bit more hope for what a top dollar could be on some of these cars. I know there arent that many nice examples that come up that often, and that does affect the overall market value.. I have seen car clubs advertise their cars for unbelievable money or high reserves, with no intent to sell them, in order to make the overall perception of the value/interest increasing.Up to $20k now, impressive. (and still not hitting reserve).
It is that attitude that is keeping these cars down, and that is all there is to it. There is no reason for these cars to remain low, and that is why there needs to be some new life and exposure brought to them. Dimitri, I am sure you are noticing more and more of these Classic Volvo's having High End Custom builds being done, and if it all works out right, there will be new blood inspired to do something with these cars, and then inflated values will arise. I know you dont want that, for what ever economic reasons you say you appreciate their depressed value, but that isnt healthy for the car overall.I think the main reason that this car is going so high is the 123GT element, which would obviously appeal only to the original or near OEM form. The "123" means something only to those who know these cars well, and I think few of these people would care for a non OEM form 123 GT.
From what I understand, this is not a real car, but a Clone built in the 123GT theme? That is sort of like building a RS or SS Camaro out of a base 6cyl car, and it does increase the value, but it will never be the Real Deal. This exact car is a Non OEM 123 GT, so I think you are splitting hairs there, because in most of the real classic automotive world, that instantly affect the overall resale value.
But the only/main factor on the current value of the classic cars is how they were perceived when they were new. And the average public in the 60's was even worse than it is now (which may explain in part why so many cars were so sub-standard back then). The main attraction that made a car sell was 1/4 mile times and styling, i.e., image of performance as opposed to driving experience. The Amazon was seen as a conservative car, and it appealed to the person that wanted a small (by US standards) car of high quality, and rather expensive for its size (all the domestic small cars of the time were basically junk). But the styling of the car, even though we like it now, was not fashionable then (a brand new 66 Amazon looked like a 15 year old car). So, even though the cars sold reasonably well by European production standards, they were largely unknown back then (I think Mustang sold 500,000 cars in 65, about the total production of the Amazon for 14 years).
Perception of the car does have a bit of influence on price, and that is what I have been arguing about from the beginning.. It was the lack luster performance that kept these cars down, because if they had performed to the standards that were measure back then, these cars would be worth considerably more.. But, and this is a Big But. If people can make something of these cars now, public image will change, which will drive the value up. So many cars have become Iconic, just because of Exposure and a new look, and you cannot argue that fact.. It isnt all about what they were, there is alot that has to do with, what can be done with them.
So, given all that, the popularity and demand of these cars is doomed to stay low. Which is frankly not too bad, as we can get a high quality good looking, economical, reliable and safe car that handles and performs well for not all that much money. And its healthy to see the rare versions like the 123GT (or even a clone 123GT) to reach high prices.
I am sorry Dimitri, but the historic racing hasnt had the greatest results when it comes to value or support, and that is supported by the pricing.. I understand where thid has been true for other models of cars, like the Jag, Alfa Romeo, ect, but the Amazon/P1800 got the short end of the stick with benefiting. All I can say is just wait, and you better start buying up all you can in the near future, because the depressed market is going to start changing.If the Amazon was designed around the US vision of a desirable car (1.e. drag racing, flashy styling changing every year), it would not have been what it is. I think the market is full of Mustangs and Camaros and the likes.
I also think the market is full of Mustang and Camaro's, so we agree there.
Just about the only thing that helps the cars is historic racing, and that has worked well in Europe and other places. Unfortunately, that form of racing is not as popular here. The type of driving that these cars excel in (road racing in tight winding roads) is not so popular here. The majority of car enthusiasts still want to see tire burning gas guzzlers, which is not consistent with the Amazon.
Here is a very nice one.
Really? I guess if reserve is met, there will be some very disappointed new owners..Complete piece of Junk. per comments of American from Texas. Will per parted out and turned into planter... I am sure he looked and the car and can verify these statements. Looks like GG is the guy to go to for cheap REAL 123GT's " "Footwells rusted through partially hidden by undercoating, rust bubbles, etc.
Long-term storage and idleness can be very detrimental to a car's overall health.
For the time, money and effort TWO real 123GTs could have been sourced and restored."
Depends on what and who you believe I guess. Perhaps one should inspect said car before opening one's mouth..