When did this all happen?

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friedman
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When did this all happen?

Post by friedman » Tue Sep 11, 2018 9:20 am

Apparently I fell asleep for 20 years and when I woke up I went to check Fiats on Craigslist and inflation had moved the price pointer. By my review of the local Craigslist ads:
crap Fiats not worth even hauling to the dump are worth $2,000-$4,000
What I would call project cars that are clearly incomplete or stated as non-running are worth $4,000 minimum
Decent Fiats you could jump in and drive for years go for around $6,000 to $8000
"Perfect" Fiats are $12,000-$18,000... or more.

If checking eBay then ad $4,000 to each of the above.

I don't begrudge these prices, the market is what it is but I'm still stuck in the early 90s where the above prices would have been $500 for a crap car and $4,500 for a stunner.

Every so often I see a Fiat for sale on Craigslist that has a more 90s price, and they sell within minutes, obviously.

Not the first post here from me about Fiat prices, I just still find it amazing.
Carl in Virginia
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SimcaBertone66
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Re: When did this all happen?

Post by SimcaBertone66 » Wed Sep 12, 2018 11:55 am

Ha, you once accused me of dwelling in the "past" ...... been telling you, the price of your cars is way too low for a while now .... also, as you can see, by the number of replies.......... NO ONE GIVE A [expletive]
Joe DeGasperis
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friedman
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Re: When did this all happen?

Post by friedman » Wed Sep 12, 2018 1:17 pm

Joe....I think you put me in my place, which according to my wife is either washing dishes or putting the laundry away.
Carl in Virginia
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cjwaters
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Re: When did this all happen?

Post by cjwaters » Wed Sep 12, 2018 1:22 pm

On my local CL, I just filtered for anything older than '86 and apparently there are a lot of other marques where "old" is the only qualifier for high prices. Ha!

I don't have any qualms with $10k Fiats in excellent or restored shape. Nice to see some value associated with that now. But I agree, multi-thousands for a rusty, no-title, non-runner is nuts. I've certainly purchased my share *ahem* but they always came with enough unique spares/goodies to justify the asking price.
Courtney Waters
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cgranju
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Re: When did this all happen?

Post by cgranju » Wed Sep 12, 2018 4:08 pm

it makes fine sense on the high end when you say very nicely done original restorations or preservations...or even some tasteful retro/mod work. These days (& really for a while via FFOs & some stuff chronicled on FS.com) I see these cars where "no expense has been spared" to source good quality parts, to fully & correctly do body work req'd, etc. I have had many Fiats that were wonderful collections of the best sourced & most wisely combined used parts that have been really great cars (still own a few of course!). Probably, arguably, those don't warrant the super high-dollar stuff. When the cars are restored to a level of detail that makes them much nicer cars than they were new, it's a bit of a weird thing that I also can't fully get my head around.

I've mostly steered away from "project" Fiats that crop up locally, but from vicarious experience I've seen some really wacky/hopeful prices on mostly POS cars but then I've seen people come & buy them for something like 1/5 the asking price (which sometimes was still too much). I am glad they seem to be less frequently being crushed (maybe they're still killing 'em left & right in California?).

like most stuff, the real part has happened rather slowly and then we each find our own special time to notice.

Oh, this has got to be a good thing in terms of parts/new parts supply. I see these days as mostly much better for finding good parts (maint/mechanical or cosmetic) for the cars & some of that is due to the apparent value making it worth vendors selling or sourcing/producing new stuff for the market. I do, however, miss pretty cheap new Konis, tires & new camshafts.
Chris Granju
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owner of a number of Fiats built prior to 1986
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PhillySpider
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Re: When did this all happen?

Post by PhillySpider » Thu Sep 13, 2018 7:30 am

I bought my koni yellows new for $200 (all 4) recently... think i did alright ;) . There's a guy in philly (an area i don't want to go to) selling an 80 FI, a bit of rust on the body that "runs beautifully" for $2,000. Contacted him to find out that he can't start it because the last time it ran so well was 20 years ago...because it wouldn't start. Lofl. Offered $500, rejected, moved on.
Last edited by PhillySpider on Sun Sep 16, 2018 11:26 am, edited 1 time in total.
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Re: When did this all happen?

Post by SimcaBertone66 » Thu Sep 13, 2018 4:28 pm

Oh Carl, suffering are you .... I wash and fold my retirement Wall/K Mart wardrobe now, (Brooks Brothers........> Good Will) ... and prefer to hand wash dishes.... "so ones mans meat is another's poison " ... says my former Jamaican work colleague....no problem
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friedman
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Re: When did this all happen?

Post by friedman » Fri Sep 14, 2018 8:12 am

Retirement is great, Fruit of the loom T shirts in warm weather and Fruit of the Loom sweats in cold weather, all get tossed in the washing machine. Leaves more time for messing with cars.
Carl in Virginia
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Re: When did this all happen?

Post by MikeGreer » Fri Sep 14, 2018 11:10 pm

Carl, I woke up about the same time you did 😉. Before a spring drive this year I needed a top and tires. I splurged on the top, but balked at 15" rims and tires, I didn't think it was worth pouring that much money into an old spider, just to have good tires for a spring drive. Months later I'm having second thoughts, should have bought those 15" rims and tires 😎. People seem to be pouring money into their cars, like I've never seen before and Hagerty values are way higher than I would have imagined, up in the 20s for a #3 car. It's shocking, but when you think about it, it's a relatively rare car (less than half as many as MG B), getting more rare, it's a classic design from one of the most famous design houses, and mechanically superior for its time.

I just spent a fair piece of change on a new interior, so I'm as guilty as the next guy, and I plan a good new paint job. So I'm glad prices are up 😆.
45 years with a spider, that's a long time
Restoring the '79 for the second time, you're never finished ;)
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friedman
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Re: When did this all happen?

Post by friedman » Sat Sep 15, 2018 8:57 am

A redone interior and new paint will definitely push a spider into high value territory. I rarely do either to my Fiats and don't get those prices for my Fiats.
Carl in Virginia
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