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Offline JonzWagon

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Mecum Pinto
« on: June 19, 2017, 09:30:04 AM »
How many saw the '79 V6 pinto coupe sell on mecum last week in Portland. And was it really worth 14,000.00 dollars???  A beautiful car but 14K????  Really glad to see new interest in these Pintos....abou t time.  Did that Gem belong to a member??

Offline Wittsend

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Re: Mecum Pinto
« Reply #1 on: June 19, 2017, 06:57:51 PM »
While I can understand the excitement of rising Pinto prices it unfortunately only factors in if you are about to sell your beloved.  Otherwise it makes it just that much more expensive to acquire them and buy parts which is not seen as a good thing.

Offline Reeves1

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Re: Mecum Pinto
« Reply #2 on: June 20, 2017, 06:15:25 AM »
16k engine in mine.....

Offline pinto_one

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Re: Mecum Pinto
« Reply #3 on: June 20, 2017, 06:12:38 PM »
Well forty years from now it might sell for 30K ,  the more rare they are the more valuable,  I now see mid 60s rust bucket Ford and chevs go for more than they were new , I had a few lately want to buy my pinto thinking they are still a 500 buck cars , they tell me I am crazy when I say I want $6500 for my car , my reply is I brought a 57 two door hardtop for $250 bucks , in 1969 , that's what they were worth then ,
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Offline Wittsend

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Re: Mecum Pinto
« Reply #4 on: June 21, 2017, 11:14:21 AM »
Just this past weekend I was involved in a discussion at the local Cars & Coffee regarding the price of collector cars, and muscle cars in particular. The general consensus was that these $100,000+ muscle cars prices were due to eventually tank because the next generation would have little interest in them. And, jumping past Gen X and Gen Y the Millennials seem to have very little interest in cars - period. This generation lives life digitally through their phone.   They don't have to actually get "there," thus they have no need for a means to do so. They "experience" by Tweets and Facebook enhanced by near instant images from the couch. A real virtual world.

So, today a few may pay well for a really nice Pinto but don't expect it to last for too long. In general the Pinto was a maligned car and not necessarily revered in its time.  There will always be the quirky few but it won't be significant numbers. Enjoy your car for what it means to you. But, don't expect it to be a financial investment in the long run.

Offline dholvrsn

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Re: Mecum Pinto
« Reply #5 on: June 21, 2017, 01:52:03 PM »
I've heard that Pre-War cars have taken a dump in value because most of that generation is gone (but I don't know how much of that is true).
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Offline Reeves1

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Re: Mecum Pinto
« Reply #6 on: June 21, 2017, 01:55:14 PM »
Don't get me wrong: I'm not expecting to make or break even on the cars.
Just enjoying what I'm doing, for now.

Parts for our cars gets more rare each day. For whatever reason, any car built to OEM or Hot Rodded , prices for them are lower than it costs to build them. That's a head scratcher !

If you want to see how huge the diff is on new vehicles, look for CDN prices.
New F-350s are going for 80k plus (depends on options).......and they do not last any longer than my old 79 did !

Offline robertwwithee

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Re: Mecum Pinto
« Reply #7 on: June 22, 2017, 11:11:38 AM »
I went to portland cars and coffee instead and had huge interest in my pink car.   Maybe I should've gone to mecum auction.  I just figured there was not going to be a Pinto there. 

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Offline arkyt

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Re: Mecum Pinto
« Reply #8 on: June 23, 2017, 08:12:16 PM »
Auctions spoil the real world for car guys.  Saw a guy pay, I think, $14K for a John Deere and they showed him shaking his head and laughed like, It's only pocket change.  Everyone who has an older car thinks that it's a classic and worth 10's thousands.
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