Any item is only worth what someone else is willing to pay for it. But I don't
care what anyone tells me, everyone cares what their car is worth, or might be
worth in the future, even if they have no intention of ever selling it.
Aug 5, 2010 11:47:10 AM, Theo.Smit@dynastream.com wrote:
It's not about the money. You either need a Tiger, or you don't.
Having said that (in some jest, but that IS really what it's about), here are
some opinions on the points you raised:
- The 'value' of Mk1's vs. Mk1A's is probably in the other direction, if you
ask anyone that does have a preference. Mk1A's (and Mk2's) were built with more
of an eye to production cost compared to Mk1's, which is why they don't have
round corners and leaded seams.
- On the surface, $26k seems like a good deal for a clean, mostly-complete,
running Tiger. There are probably a few things that need doing, and for the
people that want them, the missing parts are going to cost some dough. If you
go out to get a proper AC air cleaner and LAT70 wheels and new tires, then
you'll be in for about $3k more.
- Restoration is not a money making venture, at least not for the car owner,
unless they are also the body shop and can get wholesale rates for everything.
Buying the best chassis you can afford is always the key. Since it costs the
same to do bodywork and get trim parts for an Alpine or a Tiger, you have to
love your Alpine about twice as much to justify doing it from a dollars point
of view.
- As has been discussed, there are two kinds of Alpine V8 conversions. Those
done by people who want Tiger performance without paying the premium to get a
Tiger, and those done with intent to defraud a future buyer (which may or may
not involve lifting the VIN plate and selected parts from a junked Tiger
chassis). In either case, the cost of doing a complete body restoration with
all new interior etc. can be far greater than the cost of the vehicle to start
with especially if the car is very rough; however, a lot of people don't
realize this at the outset and figure they can save a lot of money by starting
with a chassis that cost them a few thousand less.
- Tiger values and future outlook? Cars aren't stocks.
Theo.
> -----Original Message-----
> From: tigers-bounces@autox.team.net [mailto:tigers-
> bounces@autox.team.net] On Behalf Of mcdangerous@verizon.net
> Sent: August 5, 2010 9:54 AM
> To: clarkwgriswold2nd@gmail.com
> Cc: TIGERS@autox.team.net
> Subject: Re: [Tigers] Tiger on Bring a Trailer
>
> Is the value of such a clean Mk1A Tiger really only $26k? That would
> make it really hard to justify putting any money into Tigers to restore
> them, considering what it costs to buy one, even when it needs
> restoration?
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