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[alfa] Re: ALFA Youth
I think that the cost of restoration of an Alfa is very reasonable. Here is
an example from two items I sold on eBay tonight.
Two grille bars for a '61 Giulietta, with small dings. $66.00 (how many of
these are available in the English speaking world?)
Miscellaneous lot of trim for a '62 Dodge (mostly beat up) $85.00.
Earlier examples:
'72 Alfa coupe instrument cluster (complete) $57.00
'67 Dodge, speedometer only $314.00
Make of this what you will. 2% of American millionaires are
professionals. The last person I sold a complete Alfa to (an '83 Spider, $1,000) had to
take a line on his Visa to buy it. The Dodge people are usually spot cash and
frequently have $25-40,000 tied up in their cars.
I think it is the size of the market. In it's niche, Alfa has a lot of
competition. For those interested in early Muscle Cars, Dodge has no
competition. The "Little Old Lady from Pasadena" (Beach Boys) drove a Dodge. The
"Hemi" is part of American mythology.
In any case, Alfa looks like a bargain.
I know of at least 15 older Alfas in local junkyards. That keeps the
price down. I haven't seen a Dodge older than '73 in a junkyard in years.
Regardless of condition, they are bought as entire cars as soon as the wheels touch
the ground in a junkyard. Supply - Demand.
Tom Faust
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