Collector car math explained

For his son’s 10th birthday, Keith Martin, the publisher of Sports Car Market magazine and host of the TV series “What’s My Car Worth?” bought his son Bradley a 1960 Austin-Healey Bugeye Sprite. Keith’s first car was a Bugeye, and he was indulging in a romantic recreation of his own past.

He paid $15,000 for it because it needed nothing. Another $15,000 later, specialist Chip Starr had built and installed a 1,275-cc engine and a 3.7:1 rear end — along with freshening the suspension, electrical and wiring systems.

In a striking example of collector car math, after a total investment of $30,000 the Sprite is now worth the same $15,000 he paid for it! But it certainly runs and drives much better!

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As Keith Martin would ask, “What’s your car worth?”  Whatever your answer, protect your investment and have it appraised and fully photo-documented.

Keith Martin’s full blog post is here:

https://www.sportscarmarket.com/blogs/keith-martin/keiths-blog-why-bradley-wont-drive-a-bugeye-after-all 

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Collector car math explained Collector car math explained

For his son’s 10th birthday, Keith Martin, the publisher of Sports Car Market magazine and host of the TV series “What’s My Car Worth?” bought his son Bradley a 1960 Austin-Healey Bugeye Sprite. Keith’s first car was a Bugeye, and he was indulging in a romantic recreation of his own past.

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Collector car math explained