Two Years Gone: 1962 Austin Healey 3000 BN7-11 – Sold?

Nov 2022 | Classifinds, NEW Award, Sports Car Saturday

November 17, 2022 Update – After another six-month lapse, the private seller of this 1962 Austin-Healey 3000 we’ve been tracking the sale of since May of 2020 just posted a fresh listing. After originally only entertaining offers over $200,000, two-and-a-half years of no sale now have the aging seller willing to accept $99,500 for the car.

April 24, 2022 Update – While this “Classifind” expired recently, we suspect it may not be sold yet, given the seller’s history.  For now, we’re labeling this ride “Sold?” However, we will keep an eye out for an updated listing.

March 15, 2022 Update – The Internet and Guys With Rides never forget an overpriced classic. When we first came across the seller’s first ad in May of 2020, we gave him one of our early “NEW!” (short for “No Effin Way!) when he boldly stated, “I will let it go but only if I receive over $200,000.” Fast forward nearly two years later and in his current listing the seller writes, “Since I have gotten so old, I will let it go but only if I receive $109,500.” This latest price is much more realistic, and we hope it sells once and for all this year.

November 20, 2020 Update – while this “Classifind” expired recently, given the seller’s history, we suspect may not actually be sold yet.  For now, we’re labeling this ride “Sold?” until we come across a replacement listing.

October 16, 2020 Update – When we first came across this very nicely restored 1962 Austin Healey BN7 in early May of 2020, the private seller based in Knoxville, Tennesee said he would only entertain offers over $200,000 and thus we awarded him our 42nd “NEW! (short for “No Effin Way!) Award for a completely out of touch asking price.  We’re not surprised to find that he still has his relisted his BN7 for sale and is now only interested in offers over $100,000.  That’s now a realistic ask based upon the condition and provenance of his big Healey. We’ve updated the links and descriptions. 

While your Austin Healey may be a very nicely restored example that presents very well for what’s already a rare car, it does not get a premium for being a one-of-one when basically, these cars were hand-built when new.  Unfortunately, the restorer and long-time owner of this 1962 Austin Healey 3000 B, originally listed in May 2020 and currently relisted here on Craigslist in Knoxville, Tennesee, is letting his emotions get in the way by asking for offers over $200,000.  Unfortunately for him, the Hagerty Insurance Online Valuation Tool currently lists their #1 “Concours” value at $127,000.  With a completely unrealistic asking price, we have no choice but to give the seller our latest NEW! (short for “No Effin Way!) Award.

Here’s the seller’s current description:

One of One, a true museum car. This 1962 Austin-Healey 3000 MK 11, is the only big Healey that has this distinction of being the only one because of the combination of being a 1962 three carburetors, 2seater and German model. 1962 is the only year the cars were all three carburetors and, of the over 5,000 that were produced that year, only 355 were the 2 seater bn7-11 model and, this is the only one of the 355 that is a German model. It has a few different features including, a locking steering wheel and the front has separate lights for the signal and parking lights, rear lights a little different too and, a minor difference on the wheels, as required by German law. This Healey has the condition to match the rarity. It was ordered new by a US Army Officer stationed in Germany. Car was brought back to the US and stored in Missouri until I purchase it in 2002. This Healey was brought to Tenn and restored by a Friend and I. I have never found any rust on the car. Actually, the car has not been in the rain since 1974 and has only 44,000 miles on it. I make it a point to drive the car at least once a month, and for at least a few miles. I do not drive the car if the pavement is wet or if there are clouds in the sky.
Since it needed painted and a new interior, we just went ahead and restored all the mechanicals. It is strong. We also installed new 72 spoke SS chrome wire wheels and new tires. It has a top and side curtains. The cars heritage certificate shows that it came from the factory Healey blue and we painted it that color with off white coves. The only thing that was altered on the car, we did a louvered hood and everyone loves it. If you so desire, I have an extra factory hood that you can have to put it back to original. It has 4 speed w/electric overdrive.
I had the car signed by the original British designer of the Austin-Healey and he says that it should be in a museum. Since I have gotten so old, I will let it go but only if I receive over $100,000. Thanks for reading about my pride and joy.”

Here’s the seller’s most recent description:

“One of One, a true museum car. This 1962 Austin-Healey 3000 MK 11, is the only big Healey that has this distinction of being the only one because of the combination of being a 1962 three carburetors, 2seater and German model. 1962 is the only year the cars were all three carburetors and, of the over 5,000 that were produced that year, only 355 were the 2 seater bn7-11 model and, this is the only one of the 355 that is a German model. It has a few different features including, a locking steering wheel and the front has seperate lights for the signal and the parking lights, rear lights a little different too and, a minor difference on the wheels, as required by German law. This Healey has the condition to match the rarity. It was ordered new by a US Army Officer stationed in Germany. Car was brought back to the US and stored in Missouri until I purchase it in 2002. This Healey was brought to Tenn and restored by a Friend and I. I have never found any rust on the car. Actually, the car has not been in the rain since 1974 and has only 44,000 miles on it. I make it a point to drive the car at least once a month, and for at least a few miles. I do not drive the car if the pavement is wet or if there are clouds in the sky.
Since it needed painted and a new interior, we just went ahead and restored all the mechanics. We rebuilt or replaced everything. It is strong. We also installed new 72 spoke SS chrome wire wheels and new tires. It has a good top and side curtains + tonneau cover The cars heritage certificate shows that it came from the factory Healey blue and we painted it that color with off white coves. The only thing that was altered on the car, we did a louvered hood and everyone loves it. If you so desire, I have an extra factory hood that you can have to put it back to original. It has 4 speed w/electric overdrive.
I had the car signed by the original British designer of the Austin-Healey and he says that it should be in a museum. Since I have gotten so old, I will let it go but only if I receive $99,500. Looks great, runs well, Everything works, A top value Healey. 

Here’s the seller’s original description from May 2020:

“One of One, a true museum car. This 1962 Austin-Healey 3000 MK 11, is the only big Healey that has this distinction of being the only one because of the combination of being a 1962 three carburetors, 2seater and German model. 1962 is the only year the cars were all three carburetors and, of the over 5,000 that were produced that year, only 355 were the 2 seater bn7-11 model and, this is the only one of the 355 that is a German model. It has a few different features including, a locking steering wheel and the front has separate lights for the signal and parking lights, rear lights a little different too and, a minor difference on the wheels, as required by German law. This Healey has the condition to match the rarity. It was ordered new by a US Army Officer stationed in Germany. Car was brought back to the US and stored in Missouri until I purchase it in 2002. This Healey was brought to Tenn and restored by a Friend and I. I have never found any rust on the car. Actually, the car has not been in the rain since 1974 and has only 44,000 miles on it. I make it a point to drive the car at least once a month, and for at least a few miles. I do not drive the car if the pavement is wet or if there are clouds in the sky.
Since it needed painted and a new interior, we just went ahead and restored all the mechanics. It is strong. We also installed new 72 spoke SS chrome wire wheels and new tires. It has a top and side curtains. The cars heritage certificate shows that it came from the factory Healey blue and we painted it that color with off white coves. The only thing that was altered on the car, we did a louvered hood and everyone loves it. If you so desire, I have an extra factory hood that you can have to put it back to original. It has 4 speed w/electric overdrive.
I had the car signed by the original British designer of the Austin-Healey and he says that it should be in a museum. Since I have gotten so old, I will let it go but only if I receive over $200,000. Thanks for reading about my pride and joy. 865-6 nine 0-0 five 0 five email or call but no text please.

Do you have a “Big Healey” story you’d like to share?  Comment below and let us know!

1 Comment
  1. CJinSD

    If his friend that he restored the car with is named Kurt Tanner, then offers over a hundred grand might be appropriate. I suspect that time is of the essence though, because most of the people interested in such cars are aging out of the hobby.

    Reply

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