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Re: Tiger Prices

To: Tom Witt <wittsend@jps.net>
Subject: Re: Tiger Prices
From: Steve Laifman <SLaifman@socal.rr.com>
Date: Thu, 19 Jun 2003 13:13:24 -0700
Tom,

Finding the true market value of a rare item is always a challenge in 
any field.  Cars are particularly an issue, as those who have insurance 
claims under ACV, Stated Value, or any other policy find out when they 
go to collect.

I would think that Hemming's Motor News (http://www.hemmings.com/) would 
be the best source for finding the probably range for a classic, 
depending on and agreement as to authenticity and condition.  They have 
ranked the Tiger as one of the top ten collectible cars, based on value.

Here is a search for all Sunbeam Tigers for sale, as listed by their web 
site.  The prices range from $5,000 to $38,000.  I would imagine such 
things as "originality", "model", and "conditon" play their part.

Recall, their main product is their well regarded magazine.

Steve

Tom Witt wrote:

>   I'm not mentioning the T-word, the R-word, the A-word etc. However, since
>Tiger prices were a topic of late I was looking at the E-bay "completed items"
>list under Sunbeam Tiger and saw that all the cars (five, I recall) never met
>reserve. Granted there was the 40K Mark II, but technically that car was
>pulled when the seller got an off Ebay offer. Thus, regardless of condition
>there seems to be a discrepancy in what the seller feels their car is worth
>and what the buyer is willing to pay (at this time).
> There are obviously exceptions, but has there ever been a classic buyers
>guide commentary published that would explain why a significant, rather
>unique, car like the Tiger has difficulty (in general) drawing a price that
>would seem appropriate when compared to many cars that are/were far more
>previlant and mundane that command higher values? It would seem that either
>the Tiger owner has an inflated value of their car (naw, not that), or it is
>the best kept secret around (yea!). I'm just curious if anything has ever been
>published on the matter.
>Tom Witt B9470101
>
>  
>

-- 

Steve Laifman
Editor
http://www.TigersUnited.com

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