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Has anyone seen this 1968 CDV listed for...$25,000?!?

Started by Cadillackid1369, June 11, 2021, 12:20:11 PM

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Cadillackid1369


Macabry

In my experience ebay has had some definite pros and cons ...
Availability of items/vehicles for sale, ease of purchase and a "one stop shop" for lots of things ... however,  the downside of both ebay and the internet as a whole is the instant availability of things. People who perform a quick search of an item they're selling just look up similar items and go with the highest price they can find and price their car accordingly even if it's a different model or condition ... Before classic cars boomed I was buying some mint cars for next to nothing (undervalued),  then they became mainstream and just because they were old they were overpriced ... trying to haggle with people who had no idea what they had was difficult as they were convinced they had a goldmine because "they saw one like it on ebay for $25000 🤣" ... where this fits in to what James said is as follows:
I started out on cheap "classics" that were beaters when I was 12, kids can't afford that anymore ... "classics" are now seldom cheap and TV/ YouTube has made people more interested in restoration/ownership and that has pulled the values up ... it's a double edged sword. On one hand, that 50 year old car is less likely to sit and die in a field nowadays because theres more interest generally and more awareness and value, restoration products and parts are easier to find.  On the other,  the hobby is more expensive and cars can hoarded by someone who over rates their value and accessibility is affected.

I've usually preferred more utilitarian vehicles,  unlike cadillacs they often had poor build quality, poor ergonomics and poor features ... but once they become "cool" the demand skyrockets and you're paying the same money for a beat up French farmers car as you'd pay for an immaculate '52 CDV ...

I've seen the same phenomenon in the world of antiques and militaria

Please don't see my rant as a complaint, it's more of an observation ... I've benefited from inflating prices as often as I suffered from it ... I guess I just feel it's sad that a kid can't buy an honest old classic for $10 and get his dads help to drag it home like I did.

Shane
1952 Series 62 Coupe de Ville
1988 Citroen 2cv Special

Lexi

I to have seen the same phenomenon at work in the antique trade. Everybody thinks they have become an instant expert because of the net or cable TV shows. True expertise only comes with handling and working with objects and researching them. There is a significant time investment in this process and a steep learning curve that often takes years to master. As for price, rather than pick a high internet value; what does an item really sell for is perhaps a better question. People can ask for any amount they want but what was the actual selling price? The former moderator of the Mid-Century Cadillac Forum also used to comment on a thing he called the "Cadillac Curse", which in our case often triggers an unrealistic price because of the Cadillac name. Sadly, when in reality what is often there is just an over priced parts car. Clay/Lexi

1776-1976-Eldo

1976 Bicentennial Eldorado #198 Dallas, TX