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I thought that I'd celebrate the return of the list by forwarding this
message that was in turn forwarded to me by my brother. While it's long, I
think it's of general interest to anyone on this list.
While I have no problem with the list being moderated (other than the extra
work it makes for Dave), I'm really, REALLY happy to be getting the list in
the non-digest form. It's so much easier to read what I want and skip what
I don't want to read. Many thanks to Dave for maintaining and hosting the
>Date: Fri, 22 Aug 1997 13:23:59 -0400 (EDT)
>Subject: Fwd: Hemmings' 1997-98 Top Ten List of 'Potentially Profitable'
>THought you might find this interesting. Look at number 10.
>Subj: Hemmings' 1997-98 Top Ten List of 'Potentially Profitable' Collector
>Date: 97-08-22 09:27:50 EDT
>From: AOL News
> BENNINGTON, Vt., Aug. 22 /PRNewswire/ -- There's an alternative to sporty
>new cars costing $25,000 or more. A savvy car shopper can actually buy a car
>and possibly end up making money instead of simply spending it.
> The strategy, says Hemmings Motor News editor Dave Brownell, is to
>vintage car instead of a new one. And among the oldies, the trick is to find
>cars that are overlooked and underpriced. These "sleepers" can be bought for
>as little as several hundred dollars -- but they'll need plenty of
>work at that price -- to around the price level of a well-equipped new
> Brownell's 1997-98 "top ten sleepers" among collector cars as
>Hemming Motor News' Annual Media Motor Show:
> 1. 1960-70 Volvo 122-S. These sturdy Swedes came in two and four
>versions as well as station wagons. Their longevity is legendary, with many
>examples easily turning over 200,000 miles before needing major attention.
>Pleasantly styled but tough as an anvil, they are just now becoming scarce
>enough to be the object of collector interest. Parts and service are still
>easy to come by. Recent asking prices seen in Hemmings: a '66 four door for
>$3300 and a '67 two-door sedan for $3800.
> 2. 1948-51 Willys Jeepster. Distinctively styled by Brooks
>some running gear derived from the WW2 Jeep, this two wheel drive sportster
>can be called America's last phaeton. Borg-Warner overdrive allows easy
>50 mph cruising; loads of interior room makes it a good choice as a family
>"fun" collector car. Bog-simple mechanicals for easy restoration plus top-
>down enjoyment when the sun shines. Recent asking prices seen in Hemmings: a
>'5O Jeepster in good condition for $4200 and a "near perfect" '49 model for
> 3. 1963-65 Ford Falcon Futura/Falcon Sprint convertibles. Mustangs
>cheap. With virtually the same running gear as the better-known ponycar
>are indeed sleepers of the first rank. Parts are abundant, the cars are
>simple and strong and right now the price is right, whether you choose the
>cylinder models or the rarer, hotter V-8s. Recent asking prices seen in
>Hemmings: a '64 that "needs rust repair" for $1900 and a '64 with 302 V-8 for
> 4. 1966 Thunderbird convertible. Now that the T-Bird itself is
>though rumors of its revival are heard occasionally, this last convertible
>Thunderbird should continue to gain in collector interest. With a
>disappearing top a la Lincoln Continental and Ford Skyliner, 390 V-8
>motivation and sleek mid-sixties styling, this final year of the fourth
>generation T-Birds could be real sleepers in time to come. Recent asking
>prices seen in Hemmings: two good examples for $13,500 each.
> 5. 1965-68 Plymouth Sport Fury convertibles. These cars are
>investments, as are most MoPars from the '60s. However, the good
>restrained and consistent styling and colorful interiors plus relatively low
>production figures compared to Ford and Chevy rivals might just appeal to
>those collectors seeking something a little different. Recent asking prices
>seen in Hemmings: a 1965 needing full restoration for $1950 or best offer and
>an original, 30,000 mile 1966 for $13,500.
> 6. 1959-62 Oldsmobile Dynamic 88 convertibles. Less flashy and
>pricey to buy than their Starfire convertible brothers, these cars offer
>strong performance, distinctive looks and proven powertrains in a top-down
>package. Relatively few were produced: 8,491 in 1959, 12,271 in 1960 and
>2,624 in 1961. Recent asking prices seen in Hemmings: a low mileage,
>1961 for $9450 and another 1961 for $700 or best offer.
> 7. 1964-66 Imperial convertibles. 1966 models are considered the
>"real" Imperials because of their separate body/chassis construction. Seldom
>seen new or now; just 922 were built in 1964; 633 in 1965 and only 514 in
>1966. First-cabin workmanship and materials, understated good looks and
>altogether the last true dreamboats from Chrysler make these Imps worth
>seeking out. Recent asking price seen in Hemmings: a 1966 described as
> 8. 1963-67 Buick Wildcat convertibles. The Wild car was Buick's
>to the non-letter series Chrysler 300. Sporty interior, floor shift, mag-
>style wheels add visual appeal to this full size Buick. Performance is more
>than adequate and there's plenty of torque on tap. These cars seem rather
>underpriced presently. Recent asking prices in Hemmings: a 1964 for $4500 or
>best offer and another '64, "very complete and restorable" for $2900.
> 9. 1964-67 Sunbeam Tigers. The Clark Kent of performance
>Mild-looking Sunbeam hides Ford 260/289 V-8 under the hood. A sleeper in
>senses: as a powerhouse and a car with room to grow as an investment.
>been called cut-rate Cobras and that's an apt description. Recent asking
>prices in Hemmings: a 1965 with hardtop for $8500 and a 1967 for $12,900.
> 10. 1984-86 Mustang SVO Turbo coupes. A rarity even when new,
>2.3 liter four cylinder cars could develop better than 1 bhp per cube and can
>be rightfully called a street-legal race car. Perhaps because they never
>established themselves as a force in racing these cars today can be picked up
>for very little money considering the performance punch they deliver. Recent
>asking prices seen in Hemmings: a 1985 with zero miles for $18,000 and a
>mileage '84 for $2800.
> The Hemmings editor noted that no one should set out to buy a
>car solely for investment or speculation. "The first rule to remember is:
>a car you like. Then if the market goes sideways there will still be a car
>your garage that you can drive and own with pride and satisfaction," he
> CO: Hemmings Motor News
> ST: Vermont
> IN: AUT PUB
> SU: PDT
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