Jim TenCate in the TR8 email list wrote:
>Stopped in my Credit Union over lunch and looked at the CPI values
>for TR8s. They keep going DOWN!
>
>1980 TR8 lo=$4000 hi=$9300 ave=$7000
>1981 TR8 lo=$5650 hi=$9650 ave=$8100
>
>compare those with my other Triumph,
>
>1974 TR6 lo=$3375 hi=$10100 ave=$6100
Jim doesn't state if the values assigned to the TR6 are up,
down or unchanged, but my view of the entire collector car
market is that it is fairly flat at the moment and isn't
likely to change dramatically as long as annual inflation
rates stay in the 3-4% range. Whym because the population
isn't growing in leaps and bounds, BUT the number of
collector cars is constantly being enlarged as the
universe of what is considered collectable keeps expanding
(i.e. addition of pony cars from the late 60s/70s).
Additionally, unless the source car is a disastor, sooner
or later every existing TR-6 is likely to be in the hands
of a collector...ditto for the TR8s.
One need only look at the Corvette arena and see how prices on
most vettes (excepting the early cars up to about 1968) are
below 10,000. Why...as I see it, there's a constant
increase each year in the number of vettes versus
those that want them. To some degree that affects our cars
too, as someone that always wanted a vette or perhaps a
TR can now find a decent vette for around $7000 to $8000
if they spend any amount of time waiting and looking.
Heck, even the MG T series cars aren't commanding the prices
they used to.
Bottom line, like I tell anyone that asks...buy a car you
like, not for the investment but for the enjoyment.
Cheers,
-----------------------------------------------------------------------
Bill Sohl (K2UNK) BELLCORE (Bell Communications Research, Inc.)
Morristown, NJ email via UUCP bcr!cc!whs70
201-829-2879 Weekdays email via Internet whs70@cc.bellcore.com
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