[smross]

[QUOTE]Originally posted by Wayne at Pelican Parts
[B]Not yet. But keep in mind that these are cars that are offered for sale - not actual sales. The actual sales (like the $55K one in the first thread in this post) are more of an indicator of the market than simple asking prices...

I respectfully disagree. Two of the Speedsters shown were sold, one was offered at $170k and the other $175k. Of course, that doesn't mean that they actually sold for those prices but they probably sold closer to their asking prices than the $55k figure you mention as being market price. Too, one of the cars on those sites was recently purchased by one dealer from another dealer for circa $125k and is now being offered for significantly more.

At this point in time, properly restored Speedsters are going for $100k+. Could that change tomorrow? Absolutely. I just haven't seen any indication that the market for these cars is slowing down (and I'm also not saying it makes any sense.)

Regards,

Steve Ross