[DML] DeLorean among Top 10 KBB Orphan Collector Cars
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[DML] DeLorean among Top 10 KBB Orphan Collector Cars
- From: "Piszar" <piszar@xxxxxxxxxxxxx>
- Date: Tue, 11 Sep 2007 11:44:56 -0000
Kelly Blue Book listed its Top 10 picks of orphan collector cars and
the DeLorean made the list. A positive writeup, and in the company
of some impressive cars.
Sandor
# 3002
deloreanmotorcity.com
KELLEY BLUE BOOK CELEBRATES 50TH ANNIVERSARY OF THE EDSEL
Kbb.com Collector Car Market Editor and Automotive Historian Names
Top 10 "Orphan" Cars
IRVINE, Calif., August 29, 2007 ? Kelley Blue Book (www.kbb.com)
celebrates the 50th Anniversary of the day Ford Motor Company
released the Edsel for sale to the general public, September 4,
2007. On November 19, 1959, just two years, two months and 15 days
after the first Edsel was introduced to the American driver, it
disappeared from the landscape. On that day, it joined more than
2,000 other vehicle brands that met with an abrupt demise.
"For years, the Edsel was the brunt of cheap jokes on television, in
the magazines and even as part of some off-color jokes; but out of
those ashes, people who own an Edsel have seen interest in the
vehicle and its values rise like the Phoenix," said Phil Skinner,
collector car market editor and automotive historian at Kelley Blue
Book and kbb.com. "Today Edsel owners are very proud of their cars
and some have even been financially rewarded."
While original prices for a new Edsel back in 1957 ranged between
$2,500 - $3,800, some Edsels have traded in collector circles for
well above the $100,000 mark. In fact, a number of other American
post-World War II "orphan" makes have also seen large increases in
values due to their scarcity. Names that were once highly respected
like Hudson, Nash or Desoto that lost their following and were
discontinued, have seen their fortunes turn. Even a few cars that
were barely able to get their feet off the ground, like the Kaiser,
Fraser and Tucker, have today become crown jewels of the collector
car market. Some of the most desirable models are those produced at
the very end of their lives.
KELLEY BLUE BOOK'S TOP 10 "ORPHAN" VEHICLES
(All Kelley Blue Book vehicle values and ranges for collector care
values are based on perfect condition).
1948 Tucker `48 Torpedo Sedan
Original MSRP $2,450
Value 2007: $250,000 ? $450,000
Hailed as the most revolutionary car of the post-war era, it was
surrounded by controversy from its very start. After a lengthy and
costly court-battle, founder Preston Tucker was cleared on any
criminal charges related to stock investment fraud. However, all of
the millions he had raised to produce the car had been eaten away by
legal fees. As a result, just 51 of these cars were produced and are
today considered icons of the era and by many the ultimate orphan
car to own..
1957 Desoto Adventurer Convertible
Original MSRP $4,272
Kelley Blue Book Value 2007: $130,000 - $180,000
With huge fins, flashy colors, bright trim and 345 cubic inches
producing 345 horsepower under the hood, it was the epitome of the
space-age-future America was looking for. Within four years, the
Desoto brand was gone, but these cars remain a solid inspiration of a
generation aiming for the moon. An estimated 500 of these cars were
built that year and today are the most sought-after car of 1957.
1958 Edsel Citation Convertible
Original MSRP $3,800
Kelley Blue Book Value 2007: $64,000 - $100,000
When Ford Motor Company brought out the Edsel in September 1957, it
was to be a bright new future for those who sold the vehicle as well
as for those who owned it. Besieged with quality issues, the name was
tainted and it became an albatross for Ford. However, 50 years after
its release, its unique styling and features, innovative for the
time, have made this flagship of the marque, `the' car to own.
1953 Nash-Healey Roadster
Original MSRP $4,063
Kelley Blue Book Value 2007: $56,100
In the early 1950s, American car companies were looking to Europe for
inspiration and the Nash-Healey was just that, with solid performance
from an American in-line eight. Produced as a traffic-builder for
dealerships and patterned after a class-winning Le Mans race car,
there was limited appeal and only 506 built when production ceased in
1954.
1958 Packard Hawk Coupe
Original MSRP $3,995
Kelley Blue Book Value 2007: $53,900
For many, the Packard died in 1956, but the name lived on for two
more years in the form of gussied-up Studebakers. But there was one
outstanding performer in the crowd, the Hawk, powered by a big V8
engine with a supercharger. Despite its power, its unique looks
didn't appeal to buyers and with just 558 produced, it was the end of
another prestigious American luxury automobile. Today, the Packard
Hawk's power, Raymond Lowey-inspired design and legacy make it a very
desirable car with values sure to continue in an upward trend.
1981 Delorean DMC-12 Gullwing Coupe
Original MSRP $29,500
Kelley Blue Book Value 2007: $26,000
As with the first car on the list, the founder of this company was
mired by a legal battle as well. While he was eventually cleared of
all charges, he came to find that expensive legal bills and a loss of
interest by the public had left many of his cars unsold. With unique
styling, a stainless steel body, peppy performance and quality
construction, these cars had appeal long after the three years they
were produced. Recently, a prototype Delorean sold for $110,000, and
collectors are starting to realize that these performers are more
than just a prop to go `Back to the Future' in, but are also a lot of
fun to own and drive.
1964 Studebaker Avanti Coupe
Original MSRP $4,740
Kelley Blue Book Value 2007: $24,100
Considered one of the most important styles ever, the Avanti was a
beautiful example of a last gasp effort. Styled by Raymond Lowey and
company, this car's every line was perfect. While the company was
hitting the skids, Avanti was on the Salt Flats setting record
speeds. Current values put these cars at about a 40 percent increase
just in the last five years. As more people turn to these original
Avanti coupes, values should be ahead of the rest of the collector-
car pack.
1957 Hudson Hollywood Hardtop
Original MSRP $3,030
Kelley Blue Book Value 2007: $17,500
Lots of chrome and tri-tone pastel paint schemes were the hallmarks
of the Hollywood Hardtops, but it was a little bit too much, too
late. This would mark the last year of this long-standing and well-
respected name, but that didn't mean these last cars were short-
changed. A new modern V8 engine could be found under the hood, and
the Hudson had the highest percentage of cars equipped with factory
air-conditioning in the industry. Today's value of $17,500 is still a
bargain compared to convertibles, as more people discover the stylish
designs for this era, prices can easily double in the very near
future.
1953 Kaiser Dragon Sedan
Original MSRP $3,924
Kelley Blue Book Value 2007: $15,100
Born in 1947, Kaiser was known for style, both inside and out. When
the new 1951 models started to look a little dated and funds were too
low to produce a new model, the use of exotic materials, such as
bamboo vinyl roof coverings and simulated "dragon" skin interiors,
were applied with ample amounts of chrome in an attempt to woo new
customers. Unfortunately, all of America's independents were hurting
and this last ditch effort wasn't enough. With collectors looking for
something new and different, this model fills that bill, which is
sure to drive prices up in a hurry.
1960 AMC Metropolitan convertible
Original MSRP $1,749
Kelley Blue Book Value 2007: $12,300
This is another example of a marriage between the American and
British automotive worlds. Produced in England by Austin, these cars
carried the basic styling theme of the American Nash, by which it was
originally marketed. However, by the early 1960s, other imports were
achieving more sales at a lower price, forcing the Metropolitan out
of the marketplace. As more and more people look to early compact and
economy vehicles, these are sure to go up in value, possibly doubling
in price within the next five years.
Kelley Blue Book produces the biannual Official Guide for Early Model
Cars, which includes the values of collector vehicles from 1946 to
1987. For more information on collector car values, call 1-800-BLUE-
BOOK.
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