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General Forums => The Mess Hall => Topic started by: chrisfranklin on September 05, 2007, 02:46:59 PM
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Better than usual selection on the Collins Bros. site right now: http://www.collinsbrosjeep.com/main.htm
The CJ with 80 miles on it is going for $55,000! Probably worth $500,000 once the collector market is better educated.
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that cj7 with 80 original miles will shit out on you the first time you really use it. with that little amount of use for that long would lead to things drying out and all the seals going bad. but still amazingly low amount of miles. i wouldn't see it ever being worth $500,000 though.
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A Jeep will never be worth $500,000, or even $250,000. They made too many of them and built them to last. The only ones that seem to have any value are the restored VJ's. Even the WWII Jeeps aren't that much. I can't see anyone spending $50K on a Jeep unless it was once owned by someone special.
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some parts on the early cjs are starting to get expensive though. like number matching blocks and stuff. i forget what they were getting for a block but it was outrageous. lucky for use we had an extra motor siting around when my dads engine block split.
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The CJ with 80 miles on it.....
I'd wheel it. 8)
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The CJ with 80 miles on it.....
I'd wheel it. 8)
I would too. Imagine all the cred you'd get from everyone, wheeling a stock old Jeep. :lol: I remember when Rick Pewe drove a GPW across the Rubicon a few years back, very classy. :thumbsup:
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You guys are totally wrong :biggrin:. But I didn't establish the proper time horizon, either.
Give it 20 years, still 80 miles on the OD. 500k easy (of course 500k in 2027 is probably going to be worth about 150k today).
During that stretch of time you probably see 90% of the still remaining fraction of CJs -- with high mileage and getting off-roaded -- bite the dust (not that these would be worth anything in the collector market anyway)
Sure they made a ton of CJs. But how many do you see that are still in any kind of decent condition or essentially unused? I'd be shocked if you could find 100 on earth with less than 100 miles on the OD.
Pit that versus Jeep's brand recognition and public appeal? $500,000 for that 80 mile CJ might be a conservative estimate 20 years from now.
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In 20 years, I'd still wheel it. 8)
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The CJ with 80 miles on it.....
I'd wheel it. 8)
I would too. Imagine all the cred you'd get from everyone, wheeling a stock old Jeep. :lol: I remember when Rick Pewe drove a GPW across the Rubicon a few years back, very classy. :thumbsup:
I also recall an article in a magazine (maybe on called Off-Road) about a stock CJ-2A they called the Grey Ghost and drove across the Rubicon.
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You guys are totally wrong :biggrin:. But I didn't establish the proper time horizon, either.
Give it 20 years, still 80 miles on the OD. 500k easy (of course 500k in 2027 is probably going to be worth about 150k today).
During that stretch of time you probably see 90% of the still remaining fraction of CJs -- with high mileage and getting off-roaded -- bite the dust (not that these would be worth anything in the collector market anyway)
Sure they made a ton of CJs. But how many do you see that are still in any kind of decent condition or essentially unused? I'd be shocked if you could find 100 on earth with less than 100 miles on the OD.
Pit that versus Jeep's brand recognition and public appeal? $500,000 for that 80 mile CJ might be a conservative estimate 20 years from now.
I recently sold my '43 GPW after 21 years of ownership and it seems that old jeep prices go right up with inflation. With inflation around 3+% prices will double about every 20 years so it may take 60 years or a bit more to reach $500,000.
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but neale are you talking a next-to-zero mile '43 that stayed in a sealed garage for the last 65 years?
The near zero mile, "in-a-bottle" cars/trucks are the ones that get top dollar with collectors. If I owned the CJ in question, I'd seal it up somewhere climate-controlled.
On the flip side of this: even if you make $500,000 selling it, you are probably going to feel like you lost $500,000 if you spend 20 years with a mint CJ in your garage that you never drove or took off-road. :brick:
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but neale are you talking a next-to-zero mile '43 that stayed in a sealed garage for the last 65 years?
The near zero mile, "in-a-bottle" cars/trucks are the ones that get top dollar with collectors. If I owned the CJ in question, I'd seal it up somewhere climate-controlled.
On the flip side of this: even if you make $500,000 selling it, you are probably going to feel like you lost $500,000 if you spend 20 years with a mint CJ in your garage that you never drove or took off-road. :brick:
You're still way too high! :smokes: Please don't drink the bong water that Collins Brothers sells. I think Collins Brothers may get their $55K in 20 years if they're lucky. Consider this, a real rare Jeep like a Quad aren't even asking $500,000. The rarest of the rare is probably a Civi-Jeep. These were the first 12 civilian Jeeps ever sold. Only 4 are known to exist. I believe only two of these actually run. Fully restored they may get into the mid 10's if they ever came up for sale. I bet the one off CJ-4 full restored will probably bring in closer to the 100's but even after another 20 years, I doubt it will get up to half a million. In 1985, AMC built around 43K CJ-7's.
Then there's the other consideration. In 60 years will we still be running gasoline? Kinda reminds me of the episode of Futurama where Fry finds an old VW Microbus and follows Beck and Bender on tour. In the end they crashed at Fort Point since there was no deck and all new cars hovered. :lol:
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The rarest of the rare is probably a Civi-Jeep. These were the first 12 civilian Jeeps ever sold. Only 4 are known to exist. I believe only two of these actually run. Fully restored they may get into the mid 10's if they ever came up for sale.
I think you mean agri-jeep
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the rarest jeep is up for debat if you really get down to it. yes the first 12 or the cj-4, but what about the "seep" (the jeep boat) or "old number one" which still hasn't been found (if it hasn't rusted away!)? there's the budd body proto type or even the ford pygmy is was based on. but those are all "jeep"s not "Jeep"s.
as far as "Jeep" is for rare prodution models, the rarest has got to be the "Hurst" Commando. only 100 built? (god i wish i knew that 5 years ago... i had one :brick:). but ulitamately it comes down to what any idiot will pay. I mean hell earlier this year some guy bought a hemi charger , not even an original, for almost a million. if anybody wants to spen $500k on a jeep, save your money cause i'll sell you the broklyn bridge for only $200k.
:rant:but that's just my opinion.
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but neale are you talking a next-to-zero mile '43 that stayed in a sealed garage for the last 65 years?
The near zero mile, "in-a-bottle" cars/trucks are the ones that get top dollar with collectors. If I owned the CJ in question, I'd seal it up somewhere climate-controlled.
On the flip side of this: even if you make $500,000 selling it, you are probably going to feel like you lost $500,000 if you spend 20 years with a mint CJ in your garage that you never drove or took off-road. :brick:
Fully restored GPWs go for around 15,000 routinely. Mine went for only $4000 but I paid only $1500 in 1986. So it actually went up faster than inflation. You could be right that a very special vehicle would go up in value even faster due to increasing scarcity.
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I think you mean agri-jeep
Whoops, you're right! I used to talk occasionally with an owner of one.
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the rarest jeep is up for debat if you really get down to it. yes the first 12 or the cj-4, but what about the "seep" (the jeep boat) or "old number one" which still hasn't been found (if it hasn't rusted away!)? there's the budd body proto type or even the ford pygmy is was based on. but those are all "jeep"s not "Jeep"s.
as far as "Jeep" is for rare prodution models, the rarest has got to be the "Hurst" Commando. only 100 built? (god i wish i knew that 5 years ago... i had one :brick:). but ulitamately it comes down to what any idiot will pay. I mean hell earlier this year some guy bought a hemi charger , not even an original, for almost a million. if anybody wants to spen $500k on a jeep, save your money cause i'll sell you the broklyn bridge for only $200k.
:rant:but that's just my opinion.
Problem with the Hurst Jeep Commando is that it's ugly! :blbl: A fully restored Seep will probably get more then a restored GPW but not that much more. Even a DUKK is pretty cheap and they only made something like a thousand for D-day. Now you seen DUCK Tours using them. Although they are changing over to larger custom vehicles. A T-12 would be pretty rare but a bit too specialized to gain a high price. There is no real demand for one. That's one of the problems with Jeeps. A certain type of buyer has to come up.
Some things aren't meant to be collectible. Take the 1990-1993 Wrangler Renegade for example. It's pretty rare but it will probably never become a collector. You don't see too many people collecting AMC Gremlins or Pacers either. How about the Ford Pinto? I there was a mint one that old on Barrett Jacksons that sold for $12,650.
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I'm not saying the Collins Bros guys are not over-pricing their inventory. If they actually own that CJ, they probably got it for 20K.
However, Jeffy, I say are seriously undervaluing that zero mile CJs over time, say 20 years, 40 years.
I know I am an idiot, but if I had the abundant cash in 2027, I -- since I'd be a seriously grizzly, upper middle aged, big belly dude by then -- would in fact be down to pay $500,000 for an 80 mile CJ that hadn't seen the light of day. And, I wouldn't be a really rich collector type, either.
You will look back on this in 2027-2047 and see what I was saying :blbl:
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This was a comment on CJs in a recent www.TruckTrend.com (http://www.TruckTrend.com) comparison piece:
"...It was the first in its class, essentially created the niche, and made off-roading a popular hobby in America, and its absence from this story can't be ignored. Finding a stock CJ in good original condition proved impossible."
Ok, so maybe the Truck Trend editorial budget was a little low and they couldn't travel outside California to access a low mileage, stock CJ for the test (Frankly I think this article is half-baked without a CJ in there)
But I don't think stock, low mileage CJs grow on trees despite the fact that 600,000 were made.
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This was a comment on CJs in a recent www.TruckTrend.com (http://www.TruckTrend.com) comparison piece:
"...It was the first in its class, essentially created the niche, and made off-roading a popular hobby in America, and its absence from this story can't be ignored. Finding a stock CJ in good original condition proved impossible."
Ok, so maybe the Truck Trend editorial budget was a little low and they couldn't travel outside California to access a low mileage, stock CJ for the test (Frankly I think this article is half-baked without a CJ in there)
But I don't think stock, low mileage CJs grow on trees despite the fact that 600,000 were made.
ya but its more like the flat fender cj2a and 3a that started it...aside from the military start. i just love flatfenders :doggy:
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I got a 1947 cj-2a in pretty good shape with only 1800 miles for 1 grand. you honestly think that if i wait 20 years from now im gonna get 100,000 for it. heck no. who would actualy be stupid enough to think a jeep cj with 80 miles on it awesome condition will seriosly be sold for 55,000. there are soo many Cjs out there its not even funny. let put it this way. Do and expirement. look at the prices for plymouth roadrunner superbirds. how many of them are out there and how many are beat up? none are beatup and they are very scarce, but yet they sell for 150,000. so in 20 years will that thing be worth 1,500,000. unless its an all original car driven by a movie star, I would honestly have to say no....
jeep was made to be a cheap durable reliale and capable machine. It does not havre a concept of a cadillac
In 20 years you will probably get about $4000 if you keep it in good shape. Old jeep prices don't drop any more, they just go up with inflation and maybe a bit more due to increasing scarcity.
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I got a 1947 cj-2a in pretty good shape with only 1800 miles for 1 grand. you honestly think that if i wait 20 years from now im gonna get 100,000 for it. heck no.
Mint, unrestored, never driven and barely seen the light of day as though it were pulled out of some recently discovered cold-war bunker from the 1950's? Yeah you'd probably see some decent appreciation beyond just inflation over 20-40 years; might even be worth 100,000 or more under the aforementioned conditions.
But, 1800 miles and "pretty good?" Nah.