[IndrojitSircar]

Originally Posted by manishalive

Found this Guy Selling a BSA in OLX.in.

Vintage and Classic automobiles for sale. 1952 BSA 2B31. 350cc, OHV, single cylinder - Delhi - Everything Else - customized enfield

Further He has given link to his album on flickr. he seems have many many bikes and cars up for sale and he also sells parts too.

Flickr: Vintage Auto World (Rohan Nino Puri)'s Photostream

Very well known among people in Delhi for his extremely high prices. Most of the cars and Two wheelers advertised are also not his own to sell. They are for sale but he's a middle man. Also exports two wheelers.

[kevinephraim]

Here is a Beetle for sale. Price looks interesting for the condition as stated. But no contact no or email id is given and from the no. people asking for some details it appears that the person who has posted it refuses to reply.

old vw beetle for sale in india - Belgaum - Cars - goa

[anjan_c2007]

About the VW Beetle (1962) for a mere Rs 85 K, it seems Utopian. Another advertisement from Utopia here:

This is from a 1995 Auto India issue.
Mean to say how the prices have skyrocketed in just 16 years? The 1935 Austin 8 at Rs 25 K is unbelievable!

[ajay99]

Originally Posted by anjan_c2007

About the VW Beetle (1962) for a mere Rs 85 K, it seems Utopian. Another advertisement from Utopia here:
Attachment 518226
This is from a 1995 Auto India issue.
Mean to say how the prices have skyrocketed in just 16 years? The 1935 Austin 8 at Rs 25 K is unbelievable!

the beetle advertisement in all probability is a fake advertisement because.
I can say something about the 1948 Riley ad you see in the last post.
Note that seller has said ""HIGH BUDGET BUYERS"" only .About 10 years ago he was asking Rs.6lakhs for that riley which was having an ambassador engine and gear box!!!

[kevinephraim]

Originally Posted by ajay99

the beetle advertisement in all probability is a fake advertisement because.

because what? Ajay, do clarify and complete the sentence.

[ajay99]

Originally Posted by kevinephraim

because what? Ajay, do clarify and complete the sentence.

Because there is no phone number,contact details or photos.In the present market it is very unlikely you can see a beetle being quoted at that price.

[wbd8779]

Why not ? do you have an idea of how much a Lambretta Li can be picked up for , for 6k my dear friend , i picked one up yesterday . It is a 62 model with upto date papers and best of all the engine runs. A similiar condition vehicle is advertised for 27k in our classifieds

Please do not go by prices which are quoted in Tbhp as a benchmark, especially for beetles, Dukkar Fiats and other "modern Classics". As frankly speaking a lot of these prices are merely "quoted" ones and have no relevance to the price that the car will actually fetch on the market.

Originally Posted by ajay99

Because there is no phone number,contact details or photos.In the present market it is very unlikely you can see a beetle being quoted at that price.

[Sudarshan]

Originally Posted by wbd8779

Please do not go by prices which are quoted in Tbhp as a benchmark, especially for beetles, Dukkar Fiats and other "modern Classics". As frankly speaking a lot of these prices are merely "quoted" ones and have no relevance to the price that the car will actually fetch on the market.

So true , I agree to this fully . I have discussed this with so many BHPians & the conclusion is these are at least 30 % over priced .

It is so sad ,it doesn't go very well with the BHP's image

People think they have gold mines & they can cash on it exorbitantly . for example a Yezdi 96 was Quoted 50 k . have a look at lambrettas etc you can find a similar story

Quoting high price can be a filter though , I have tried that with my Land Master , many inquiry masters do go away . That time I expected a counter offer from them but they simply didn't .

I have been so discouraged by these ads that I decline to recommend those to friends , because so many times it is found out that the sellers are stubborn & no way they are ready for a reasonable price


Sudarshan

[ajay99]

Originally Posted by wbd8779

Why not ? do you have an idea of how much a Lambretta Li can be picked up for , for 6k my dear friend , i picked one up yesterday . It is a 62 model with upto date papers and best of all the engine runs. A similiar condition vehicle is advertised for 27k in our classifieds

Please do not go by prices which are quoted in Tbhp as a benchmark, especially for beetles, Dukkar Fiats and other "modern Classics". As frankly speaking a lot of these prices are merely "quoted" ones and have no relevance to the price that the car will actually fetch on the market.

While i fully endorse the second part of your post, please understand that I dont ever consider the prices quoted on any classified ads in the net or newspaper as a benchmark and have always maintained that the prices quoted are several times the market value in case of many cars like
fiat,landmaster,herald etc. One has take into account the prices at which cars have actually changed hands.of course there can be regional variations in prices.
But I can say with confidence,it is highly unlikely you can get a running beetle with papers for Rs.85000/- .if it was so ,that car would have got sold then and there.I know of at least half a dozen people in Kerala who are ready to buy a running beetle in any condition (with papers) for 1.5lakhs.

[Spitfire]

Originally Posted by ajay99

But I can say with confidence,it is highly unlikely you can get a running beetle with papers for Rs.85000/- .if it was so ,that car would have got sold then and there.I know of at least half a dozen people in Kerala who are ready to buy a running beetle in any condition (with papers) for 1.5lakhs.

They are available. Ask the hoarders.

[ajay99]

Mercedes Benz 200D 1969 VINTAGE car for sale - Pune - Cars - ahmednagar,maharashtra

[wbd8779]

Yes i agree with Spitfie, The cars are available.

Let me illustrate a scanario.

A couple of years back i bought a RD350 for 7000 , sold it last year for 25k, now the guy who bought it is selling for 1 lac , though he has invested only 25 last year , when i asked him the reasoning for the exorbitant price he said that i also earned almost 3 times of what i had invested, so he wants 1 lac.

The same holds true for beetles also , the broker/collector who bought it for 50k a few years ago just wants a fat profit for the same , no way does that reflect actual market rates,

Originally Posted by Spitfire

They are available. Ask the hoarders.

[ajay99]

Originally Posted by wbd8779

Yes i agree with Spitfie, The cars are available.

Let me illustrate a scanario.

A couple of years back i bought a RD350 for 7000 , sold it last year for 25k, now the guy who bought it is selling for 1 lac , though he has invested only 25 last year , when i asked him the reasoning for the exorbitant price he said that i also earned almost 3 times of what i had invested, so he wants 1 lac.

The same holds true for beetles also , the broker/collector who bought it for 50k a few years ago just wants a fat profit for the same , no way does that reflect actual market rates,

You say the cars are available, but where?? maybe in some remote corner where there is no internet access and the owner just wants to free space.By the way you have mentioned that it does not reflect market rates ,agreed, then can you please tell what is '' market rate''

[Spitfire]

Originally Posted by ajay99

You say the cars are available, but where??

With genuine owners. They are everywhere. I know of a nice classic available for a good price. But the price is only for me. I don't have the money or the interest (in that order) so I let it pass. 3 weeks on the owner says he does not want to sell.

Owners who look at their cars as gold mines in rust buckets are no much better then the hoarders.

You say there are people in Kerala with 1.5 lakhs for a Beetle. How much will they sell it if they have to? At the same price that they got it for or what they want out of it?

Questions with no answers really.

Vintage car business has attracted the big bucks its no longer an enthusiasts domain. It now needs deep pockets.

By the way you have mentioned that it does not reflect market rates ,agreed, then can you please tell what is '' market rate''

We have a whole thread on "market price".

[KPS]

Originally Posted by Spitfire

Vintage car business has attracted the big bucks its no longer an enthusiasts domain. It now needs deep pockets.

Let me add another angle

Other day I over heard a Bangalore broker when someone was asking him why is does not offer cars he has identified locally first? He reply was he will earn pittance in the form of commission only. On the other hand if he sell to the West or North he is able add his margins over his commission. Lot of the deals are done based on photographs as there is a mad rush to close the deal before some one else buys it. Thus the price get jacked up

This is one major reason why so few cars remain in Bangalore.

Cheers