I have seen the same thing happen with Monzas and Vegas. As the supply of '55/'56'57 Bel Airs, '66-'67 Chevelles, and '69-'69 Camaros has dried up, nice Vega and Monza restorations are actually becoming worth a lot more. Of course, we're talking thousands, not tens of thousands. I don't think $38K is out of the upper range for a nicely restored LSA Ercoupe in today's market. $52K is way out there, but it might not be so in a few years, especially if people keep doing high-end restorations. I literally have two people a week stopping by the hangar when we're working who want to know where to buy a nice LSA Ercoupe (that's really an LSA).
Later, Dave --- In [email protected], bbart...@... wrote: > > > I think we are in an era where Ercoupes are coming out of the ugly sister, > spit and baling wire fix-up stage and entering the era of care and careful > maintenance, long denied by previous owners. As noted, the price of new > LSA's hovers around the $100 grand point and to find an older vintage LSA > with a starter, which most of the old birds don't have, is worth some money. > In fact, I think the biggest selling point about the Ercoupe is that for a > vintage plane it is about the only one I know of that has a starter. Thats a > boon for the old wheezing geezers like me who don't want to be chased around > the pasture by a sabre-toothed Piper Cub that had the throttle open too far > on engine start. I think most guys are really trying to take care of their > planes now as opposed to on the cheap as before and will be rewarded > handomely when the time comes to sell. > Bart >
