Mite on Pawn Star

[Eddie Holland]

they are about to show a Mighty Mite on Pawn Stars.

[Eddie Holland]

guy had a very clean A1 was asking $24,000! they offered $14,000 he turned them down.

[Jim Sanders]

That's the same M422A1 that is advertised for sale in this month's Military Vehicle Magazine.
Glad to see he took it back home rather than take the offered $14K.

[acmack]

If by "really clean" you don't mean mint restored then I would think 14K is not an unreasonable sale price. Dave Uhrig's site has had a "nicely rebuilt" M422 shorty posted at 16.5K for months and has not sold. I admit it's got an M38A1 windshield and could use some detailing under the hood but it's simple stuff to correct.

http://armyjeeps.net/M422mighty/M422.htm

David

[Eddie Holland]

it looked like it rolled off the assembly line. he said all parts had been replced. But I cant see any Mite bringing what he was asking.

[Bill H.]

Okay, just found and watched the episode of Pawn Stars "Pony Up" with the Mite. Yes, very, very nice Mite but not 24K worth of nice. I think the 14K was low and would say more like 16K to 18K would have been fair. The information the "expert" gave was not exactly right. Who is that "expert"? Does anyone know him? They could have gone into a little more detail about the Mite and what innovative features they had.

It is odd that there were fewer Mites made than the Willys MA and Ford GP but they never really got the notoriety to worth all that much.

[acmack]

Antique car and truck values have always been fickle. Older and rarer have never been a predictable indicator of value. Usually make and model dictate value. I'm sure we can all think of a ton of examples:

I'll start it off with military trucks from the teens and twenties. If you had a 1917 Mack and a 1917 Liberty (mint restored) the Mack could get 60K the Liberty maybe 20K. (I owned both of these models in the past in unrestored condition).

David

[Bill H.]

One issue I had with the Pawn Star Mite and there were others, was the windshield. If the restoration was not worth putting a correct split glass rubber seal on it then what else was short changed?

Yeah, a 2-1/2 ton DUKW fetches an unbelievable amount as does a Ford GPA

[acmack]

A DUKW restored goes for approx $80,000, a restored GPA about $160,000 and that pales compared to Wermacht stuff. The Schwimmwagen, which compares directly with the GPA starts at about $180,000 running up to $250,000.
AMC's, even the muscle cars, have never been the biggest buck getters.

The M422A1 on Dave Uhrigs sites looks the same as the Pawn Mite in that first blush is a mint restored Mite until you realize the windshield is actually M38A1 (not Mite) and the motor is just painted over in one solid green shot.

[renovate7]

The Pawn Star guys have to buy low to sell at a PROFIT. I think their $14K was high. If the vehicle is worth $16K-$18K retail, top dollar in today's economy, they should have offered $12K, or less...Their expert, like all their experts, are probably told ahead of time what they are coming to look at. That way they can spend an hour on the internet so they look like they know what they are talking about...I would have to assume the Might seller has already shoped it around and had no takers at his price, the MV world is rather small. If a good looking nicely running Might is worth $10K, how many people are willing to spend double that?

[FUBARjeep]

For 14K, I almost started driving mine to Las Vegas. I'd make that deal in a heartbeat.