RE: [Peugeot-L] 504 on eBay

From: Ruggeri, Robert <Robert.Ruggeri_at_suny.edu>
Date: 11/21/07


All well said, and I,too, am glad to see price escalation, but $6k plus another grand for AC repair (I've had several Peugeot AC's repaired) is pretty steep for a non-concourse 504. But, in some circuitous reasoning, if that's becoming the market price, then it is indeed fair.

	-----Original Message-----
	From: peugeot-L@yahoogroups.com
[mailto:peugeot-L@yahoogroups.com] On Behalf Of Senen Racki
	Sent: Wednesday, November 21, 2007 6:58 AM
	To: Peugeot-L@yahoogroups.com
	Subject: Re: [Peugeot-L] 504 on eBay
	
	

	I too watched this auction closely. We have a nice 504D of the
same 
	year and I share the feeling that these cars deserve a higher
valuation. 
	If you set aside the fact that is a Peugeot and instead look at
what 
	you get - a 2.3L diesel 4-door sedan that rides like nothing on
the 
	market today, then you begin to respect it more. For some
reason, it's 
	the name "Peugeot" that keeps the prices down. Sure, there's no
ABS and 
	no airbags, but technology enhancements aside, this car is a
very safe 
	vehicle to be driving even today. At a touch under $6k + the
cost of AC 
	repair, I think the selling price was fair. With proper care,
this car 
	could probably outlive an entry level family sedan costing 4x as
much.         

        What's surprising to me is that unlike many other orphaned makes in

        North America, Peugeot fans haven't moved past the "clinging" stage. By

        that I mean that we are still sharing info with each other and trying to

        keep these car alive with existing resources, while with other orphaned

	makes businesses have sprung up to provide support by way of 
	remanufactured parts, cross referenced parts, performance
add-ons, etc. 
	As an example, I've owned a '71 Opel GT since 1978. The period 
	through the 80's and early 90's was extremely difficult. GM
parts 
	supply dried up, or was simply dumped. Cars were disappearing
rapidly 
	as people just drove them into the ground and generally didn't
respect 
	them or care for them to the extent they perhaps should have.
Then the 
	Internet came along and brought the dedicated enthusiasts
together, 
	businesses started up, rare parts were manufactured in batch
production 
	runs, performance improvements were not only discussed, tested,
and 
	proven, but the 3rd party businesses actually began to sell them
as 
	kits. The result is a thriving community in which this
particular mark 
	is now easier to own than it was 20 years ago. (check out 
	http://www.opelgt.com <http://www.opelgt.com>  if you're
interested). FIAT, Alfa, Merkur - they 
	have similar support channels.
	
	Maybe it's the difference between sports cars and average family
sedan? 
	Owner's reluctance to spend money on a car whose market value is
so low? 
	I don't know. It's a very strange dynamic in the Peugeot
community - 
	at least here in NA. What IS good about the current state of
affairs is 
	that those who know the value (as a vehicle, not monetary
investment) 
	can usually end up with a sweet deal if they are patient and
look hard 
	enough.
	
	Senen.
	
	Ruggeri, Robert wrote:

> I dunno; AC not working.
> I have a 75 sedan in nice shape so I'm glad to see the price
take
> off.......
>
> -----Original Message-----
> From: peugeot-L@yahoogroups.com
<mailto:peugeot-L%40yahoogroups.com>
> [mailto:peugeot-L@yahoogroups.com
<mailto:peugeot-L%40yahoogroups.com> ] On Behalf Of Steven Harris
> Sent: Monday, November 19, 2007 10:38 PM
> To: Lance; Peugeot-L@yahoogroups.com
<mailto:Peugeot-L%40yahoogroups.com>
> Subject: Re: [Peugeot-L] 504 on eBay
>
>
>
> And well worth every single penny! Just wish I could afford
> it....
>
> Lance <lanceto@netineti.clearwire.net
<mailto:lanceto%40netineti.clearwire.net>
> <mailto:lanceto%40netineti.clearwire.net> > wrote: Look at the
price!!!!
>
>
>

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&_trkparms=tab%3 <http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&_trkparms=tab%
3> 

> DWatching&viewitem=&item=110193306340&_trksid=p3907.m32
>
<http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&_trkparms=tab% <http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&_trkparms=tab% >
> 3DWatching&viewitem=&item=110193306340&_trksid=p3907.m32>
>
> --
> Lance

[Non-text portions of this message have been removed] Received on Wed Nov 21 07:19:56 2007