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Model T
13 years 10 months ago - 13 years 10 months ago #30992
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Replied by on topic Re: Model T
The Model T doesn't appear to have been substantially restored, but it's still pretty good value.
The end price will give a good idea of what its really worth. eBay gives excellent coverage by way of Australian, and world-wide advertising, and virtually any potential buyer interested at the moment will be bidding. There's over 1500 people have looked at the ad, and even working on only 1% being genuine buyers, that's still 15 interested buyers. You only need two to three genuine buyers to get a reasonable selling price. He's got 5 bidders bidding over $2000, showing they're genuine. It's likely there's another 5 waiting to pounce at the last second, like all auctions. I never bid until the last second, even at regular auctions. Many a time I've won an item, when someone else thought they had it.
The only other technique is to advertise a high price and wait for 6 or 12 months until you get a really keen buyer, then negotiate. This will sometimes get you a better price, but at the expense of a long wait.
The Model T is somewhat overrated, and I can't see where they are worth a lot of money. A mate restored one over about 3 or 4 years, and when he completed it, he sold it within 6 months, absolutely disgusted with it!
When I asked why he sold it so soon, he replied .. "I never realised that the Model T was so bloody crude! It was a shocker to drive! .. every time you hit a drain grating or a sharp depression in the road (even on a sealed road), the damn thing would develop a speed wobble in the front wheels that would nearly rip the steering wheel out of your hands!! It was flat-out at 40 kmh, it was a hindrance to anyone on the road, and it was as gutless as they come! Brakes were non-existent, it was terrifying to drive in traffic! ..
I bought a Model A instead! - now there's a nice car, with vastly improved steering, braking, handling, and speed!! .."
cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=170502737745
The end price will give a good idea of what its really worth. eBay gives excellent coverage by way of Australian, and world-wide advertising, and virtually any potential buyer interested at the moment will be bidding. There's over 1500 people have looked at the ad, and even working on only 1% being genuine buyers, that's still 15 interested buyers. You only need two to three genuine buyers to get a reasonable selling price. He's got 5 bidders bidding over $2000, showing they're genuine. It's likely there's another 5 waiting to pounce at the last second, like all auctions. I never bid until the last second, even at regular auctions. Many a time I've won an item, when someone else thought they had it.
The only other technique is to advertise a high price and wait for 6 or 12 months until you get a really keen buyer, then negotiate. This will sometimes get you a better price, but at the expense of a long wait.
The Model T is somewhat overrated, and I can't see where they are worth a lot of money. A mate restored one over about 3 or 4 years, and when he completed it, he sold it within 6 months, absolutely disgusted with it!
When I asked why he sold it so soon, he replied .. "I never realised that the Model T was so bloody crude! It was a shocker to drive! .. every time you hit a drain grating or a sharp depression in the road (even on a sealed road), the damn thing would develop a speed wobble in the front wheels that would nearly rip the steering wheel out of your hands!! It was flat-out at 40 kmh, it was a hindrance to anyone on the road, and it was as gutless as they come! Brakes were non-existent, it was terrifying to drive in traffic! ..
I bought a Model A instead! - now there's a nice car, with vastly improved steering, braking, handling, and speed!! .."
cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=170502737745
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13 years 10 months ago #30995
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Replied by on topic Re: Model T
wgipps - Oh, I don't think my mate was a complete dill .. he did sell MF tractors and headers for a living, but we won't hold that against him! .. 
He did, however, have some pretty good restoration skills, and I'd guess he never really got a chance to drive a restored Model T, before he bought his wreck.
If you had someone come up to you, and ask .. ""Do you mind if I borrow your Model T, to take it for a flog around town for a couple of days, just see if I like driving it? .. before I buy one .. " .. would you allow it?? ..
No .. I guess not. So, that makes .. "drive before you buy" .. a little hard to do, in the restoration game ..
Yes, the Model T is a classic, but not everyone wants one. They filled the bill nicely in an era when horses were the next best option, and anything remotely mechanical was regarded with suspicion and fear. They were crude and simple, were shockers to drive compared to later models, and had lots of design ideas that were extremely basic, to say the least. You either love 'em or hate 'em, I guess ..
He did, however, have some pretty good restoration skills, and I'd guess he never really got a chance to drive a restored Model T, before he bought his wreck.
If you had someone come up to you, and ask .. ""Do you mind if I borrow your Model T, to take it for a flog around town for a couple of days, just see if I like driving it? .. before I buy one .. " .. would you allow it?? ..
No .. I guess not. So, that makes .. "drive before you buy" .. a little hard to do, in the restoration game ..
Yes, the Model T is a classic, but not everyone wants one. They filled the bill nicely in an era when horses were the next best option, and anything remotely mechanical was regarded with suspicion and fear. They were crude and simple, were shockers to drive compared to later models, and had lots of design ideas that were extremely basic, to say the least. You either love 'em or hate 'em, I guess ..
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