The AACA Eastern Fall Nationals, known simply as “Hershey” for its location, ran from Tuesday through Friday, October 7 to 10 this year. The first three days’ focus is on the combination flea market/car corral, and since my interest has historically been with the car corral, that is what I am covering below. As per AACA rules, cars in the corral must be twenty-five years old or older, and in essentially stock condition. With that understood, there was the usual wide variety of domestic and import, pre-war, early post-war, and ‘80s and ‘90s metal on display.
Given the general softening of prices which has been observed in the collector car market this year, I was a bit shocked to see some asking prices well above recent documented sales. Nevertheless, if one is open-minded regarding the year, make, and model that one might consider, there were some bargains to be spotted. I’ve provided details for about a dozen and a half cars that caught my interest. Vehicles are arranged in asking price order.
1998 Chevy Blazer 2-door SUV, RWD, V6, automatic. Asking $7500. My wife bought one of these new, and gave it to her son to take to college in New England, which he did for four years. He put over a quarter-million miles on it, and not once did it let him down. He also, to my utter amazement, claimed that he got around in Massachusetts winters “just fine” with the 2-wheel drive. I liked this truck if only because it reminds me of the days when SUVs were reasonably sized.
1999 Porsche Boxster, automatic. Asking $7995. I’m sure there’s a market for the slushbox, but there are plenty of sub-$10k Boxsters on the market with manual gearboxes if one insists on shifting for oneself, as one should.
1973 Ford Maverick, 6-cylinder, auto. Asking $8,900. Yes, Virginia, there was a Maverick before the current entry-level pickup truck in today’s Ford showrooms. This car was clean but did show some rocker corrosion. I think one could do worse things with their 8,900 bucks.
1976 AMC Pacer, 6-cylinder, auto. Asking $10,500. Rambler/AMC had a long history of needing to be different in order to compete with the Big 3. This might be Exhibit A, although, I recall these being somewhat popular when new. Asking price was on the windshield on Wednesday. On Thursday, new writing said “SOLD, $8,500.” It’s always worth it to haggle.
1980 Fiat 124 Spider, 4-cylinder, 5-speed, missing bumpers. Asking $11,500. This was slightly crusty underhood; I was afraid to look underneath. These have softened as of late, based on Bring a Trailer results. There are plenty of better-looking 124s online at any time. Bring a magnet.
1968 AMC Rebel convertible, V8, automatic, sign claims it’s all original. Asking $13,880. This struck me as potentially one of the few deals in the corral. V8 power, top goes down, and you’ll have the only one at any show you enter.
1973 Triumph TR6, 6-cylinder, 4-speed. Asking $17,900. TR6 prices vary a lot based on color and condition. This one looked good from 10 feet, but I admit that I didn’t perform a closer inspection. I think it’s a fair price if it’s solid, but if I were interested I’d start at $12.5k and see where it goes from there.
1948 Packard Eight Deluxe Touring Sedan, straight-8, sign on car claims that it is in mostly all-original condition and has 40,000 original miles. Asking $19,900. When new, the styling was derisively called the “bathtub Packard,” or worse. Up until recently, I never found these to be attractive, but in my old age, my opinion has softened. Seemed like an affordable entry ticket into the Packard Club.
1952 MG TD, 4-cylinder, 4-speed. Asking $19,995. The MG T-Series cars (TC, TD, TF) fired the opening salvo in starting the post-war sports car boom in this country. Of the three, I find the TD the least attractive, but compared to the TC, you get LHD and a more comfortable interior. Compared to recent sales, price seemed fair.
1991 Porsche 928, V8, automatic. Asking $21,500. This second-generation 928 has the 32-valve engine with more oomph than the original 928 which debuted in 1978. Car looked clean, and this is about where they sell on BaT, but I would personally insist on seeing service records first.
1961 Triumph TR3, 4-cylinder, 4-speed. Asking $27,000. This appeared to be a very nice, very fresh restoration. Red might not be my first pick for a TR3, but it worked here. On Thursday, the “27k” was crossed out, replaced with “25k,” which was also crossed out and replaced with “23k.” Offer 15, and when he gets back up after falling down, see if he’ll take a more market-correct $18k.
1973 Volvo 1800ES, 4-cylinder, 4-speed manual with overdrive. Asking $29,900. The last year of the 1800, and only the ES (hatchback) was offered that year. The green over tan was attractive, but value here is largely based on the quality and correctness of the restoration. That said, asking price sounded like a fair jumping off point. Many of these were automatic, so the stick is a plus.
1968 Ford Mustang California Special, 302 V8, automatic. Sign claims complete restoration. Asking $55,000. I’m including this only because I owned one in the same color. Mine had the 390 big block, and was just a “driver,” which I sold at Hershey in 2012 for $20,000. I guess they’ve appreciated since then….
1969 Jaguar E-Type (XKE), 2+2 body style, 6-cylinder, 4-speed. Asking $69,500. This is a Series 2 E-Type, with the open headlights, larger tail lamps below the bumper, and some interior refinements. I watch these on BaT, and given that a ’69 ROADSTER sold on Wednesday of this week for $39,000, I would hazard a guess that the ask on this 2+2 (the least-desirable body style) is not market-correct. I’ll leave it at that….
THE MEASURE YOUR GARAGE FIRST SECTION
All these cars have an ask below 20 grand, and I found something appealing about them, even if they are not what I’m normally attracted to. HOWEVER, it is imperative that one measure one’s storage space first! But on a dollar-per-pound basis, some of these could be considered bargains.
1998 Lincoln Town Car, white over tan. Asking $10,900. Instant eligibility at any AACA show, and you’ll get there and back in speed, comfort, and luxury.
1964 Imperial 4-door hardtop. Asking $13,900. I’ve always been drawn to the 4-door hardtop body style. Here, you can comfortably take 5 or 6 of your buddies to the game, and, have trunk room for food and drink while you tailgate.
1972 Cadillac Fleetwood Brougham. Asking $14,500. Enough green to be measured by the mile. Start a limo business, but get a green leisure suit first.
1973 Olds 98 2-door hardtop. Asking $18,000. More green. The two-door body really set this one apart for me. Put a set of sway bars on it and go chasing TR6s.
Coming up: Part 2, the Friday Car Show, and Part 3, the RM-Sotheby’s Auction.
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Richard –
re: 1948 Packard Eight Deluxe Touring Sedan
If you want an original, ok, this might be the one to get but the 2 door has a much better roof line slope. My opinion of course, but have been chasing 48-50 models for a few years with a convertible my ultimate choice. Prices on all models are all over the place and beauty is in the eye of the beholder. I feel the higher priced they are, the more the previous owner spent on restoration. Have seen convertibles asked at +80k, and, while gorgeous, they’re not gonna get that back…at least in their lifetime. A few years ago saw a ’50 convertible, blue paint, red leather interior, fog lights, heater/defroster, white walls with a rare glass partition (mounted on rear of front seats) reduced to $38k. It was absolutely stunning. I told someone who was selling their ‘lesser’ convertible for $32 and he said that seller ‘ruined the market’. Hmm, rare as they are, bargains are out there. A family, estate lawyer, who may not have an interest in such things after owner has passed is usually the seller. Keep your ear to the ground and you will be rewarded.
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Hi Bob, thanks for your comments. Of course, there are other body styles to choose from, but sometimes, the best choice is the one that happens to be in front of you at that moment! Best, Richard
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Always interesting to see the ebbs and flows of the market. Apparently the predominant pricing strategy is to aim high and be very flexible. You never know….
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Hi Bob, yes, the setting of asking prices remains one of humanity’s great mysteries…. Best, Richard
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[…] collector car auctions is one of my favorite ways to enjoy the hobby. Compared to classified ads or car corrals, where sellers can shoot for as high an asking price as they dare, an auction result is a concrete […]
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Very late to this post but a lot of these cars struck a cord for me. I won’t comment on every single one but a few…
The S10 Blazer – in high school, a friend had an early 2dr Jimmy when they started getting the 4.3L V6. Stout little machines. Lately muse at how much fun a late 80s/early 90s GM or Ford mini truck/SUV would be, especially a stick. Clean ones can be tough to find, but still reasonably priced.
Other end of the spectrum – I’m reading a 1980s coffee table history of Porsche. Yes 356s and 911s will always be the darlings, but I always marvel at how relatively cheap good 928/944/968s can be. Sure, they aren’t ‘pure’ Porsche but still, they are Porsches. As a 5.0L Mustang owner, I always liked the idea of a front engine 5.0L Porsche 928 to switch off to.
Finally, the 124. A late friend had one and loved it. Another friend has been toying with getting one, it’s amazing to see how many really beat up Fiats are out there. I think the new 124 caused a huge bump in asking prices but glad to see (according to recent info) they’re coming back to earth.
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Hi Mark, I see that you’re doing a lot of catch-up reading! I greatly appreciate that you are enjoying the blog posts. Great comments on those cars you mentioned! I’m a fan of both Mustang 5.0s and Porsche 928s! Best, Richard
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