USED CARS
PRICES AT AUCTION SALES KEEN DEMAND MAINTAINED Informative sidelights on the motor trade in Dunedin to-day are provided by the auction sales held in the city. A regular supply of cars of all types, ages, models and values comes forward for each sale, and keen interest is always shown by buyers. Prices have remained firm even in the winter months, and there are no signs of a drop in the high prices that have been obtained.
While it is impossible to generalise on such things as cars, which vary considerably in their state of repair, their appearance, and the condition of the tyres, it appears that any car from 1934 onwards attracts particularly keen attention. If it has been well kept, looks attractive and has satisfactory tyres, high prices are obtained. For example, a 1936 Plymouth sedan recently brought £450. Any car of a model around 1938 which has been reasonably looked after and has good tyres usually brings at least £IOO more than its original new price. An instance of this is a 1938 Hillman Minx which brought £345. A surprisingly keen demand is shown for caravans, and up to £350 has been offered for well-appointed ones. Also in demand are coupes which are required for converting into light trucks. Cars that were new in 1928, 1929 and 1930 bring round about £l5O. One earlier model which carired two good spare tyres was sold for £6O, and immediately he acquired it the new owner disposed of the spare tyres for £22 10s.
A feature of the auctions is the number of buyers who pay spot cash for the cars they purchase. Money appears to be plentiful, and it is not possessed by just one section of the community. The buyers represent all types, and only an occasional one asks for terms. It is noticeable that owners who have looked after their vehicles receive the highest prices ruling. Incidentally, it is also a fact that buyers are less anxious to buy a car that belonged to a woman driver-owner than if it had been driven and looked after by a man.
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Bibliographic details
Otago Daily Times, Issue 26200, 10 July 1946, Page 4
Word Count
353USED CARS Otago Daily Times, Issue 26200, 10 July 1946, Page 4
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