by Mike –
The latest issue of Sports Car Market Magazine arrived recently, which included the 2019 Print Edition Sports Car Market Pocket Price Guide.
I value the Sports Car Market Pocket Price Guide not because of the accuracy of the price listings but because of the other valuable information they provide for each of the collector car models they list. Such as: the number made of each model, the years of each model, their opinion on investment grade ranking of A, B, C, D or F and median percent change.
This is all useful information when one is deciding to buy or sell a collector car. Or, if we are just exploring ideas for a new collector car acquisition – you can’t have too much information.
Since 2016 they have published the median prices of cars sold at auction and in 2016 they also published the high price. Since 2017 they have dropped the high price and only publish the median prices for clarity and simplicity. These median prices include prices for cars in all conditions, so they must be taken in that context.
I noticed that they still do not list the Apollo GT or the AC Cobra Mk IV! Surely these are oversights that will be corrected soon.
Below I compare the SCM median prices, from 2016 through the new 2019 price guide, for some of my favorite cars with the percent change from ’18 to ’19. Let us know if you see a trend here.
Let us know what you think in the Comments.
I think the Iso Grifo value declined due one weak sale of a not so great car? There are such few sales it is hard to determine a median value.
I agree whit that , maybe they also must add a quality rate of the cars that sold.
Simon
Mike – greetings from Vienna. Let me take this opportunity to thank you for your most informative newsletter and wish you a healthy & successful 2019.
Highlight of my year was a visit to Milano Classico & a personal tour of Zagato by Andrea Zagato organized by a mutual friend. Fabulous experience. But one question please, where do Iso Rivoltas stand price wise in the above guide? I still believe they are the most undervalued of Italian 1960s GTs. Your thoughts?
Thank you.
The Iso Rivolta is listed at $72,500 with the Lele at $71,000. The Fidia is not listed at all.
I used to subscribe, from 2012-2017, but the prices of the marques that I was very familiar with, either actively looking to purchase or had recently purchased, were not accurate enough to give me the confidence in their listings.
I think that it’s a great starting point for those folks who want a ballpark price. So few of these cars are sold at only auctions that the sample size can’t reflect the true values of all the other cars. But it’s better than nothing. Perhaps they should include the # of cars sampled.
It is amusing to see how much the Mangusta is valued compared to its successor, the Pantera (a good one can be had for $90,000) when the Mangusta came with a lot of flaws–too low a ride height which could get you a cracked transaxle case, quirky handling at the limit, etc. But one Goose owner, Dick Ruzzin, sorted his out and kept the stock looks (except his came new with a Chevy V8) so he demonstrates the Mangusta’s handling can be improved And not so many Mangustas were customized so represent more originality. Likewise with Grifos. The more owners messed with the original look of a car, the more they retarded the growth in value.