Quote:
Originally Posted by Big time
Now compare the resale value of the 59 Bug eye Sprite with the Kia.
Resale value / depreciation is often an indicator or very long term (10+ years) maintenance costs.
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Unlike the Kia, Sprites' values are on the rise. And while I would jump at the chance to pay full price for a Bugeye (if I had the money), I wouldn't take a Kia if you gave it to me.
Original purchase price on a Bugeye in 1958: 680 pounds.
2013 equivalent: $9020. That barely buys you the butt end of the Kia, and absolutely none of the style.
Current selling price on a nicely restored Bugeye: $11,000. So you can plainly see that they are indeed going up in value; the
example cited is not perfect, needing some minor body work but enjoying a few subtle mechanical upgrades.
And it's carbureted.