At 01:36 PM 2/1/98 +0000, Scott Gardner wrote:
>One last comment on this-- Has anyone taken into account that nasty
>little thing called "inflation" when comparing our old cars to a new
>"$23,000 Miata"? Surely there's an economics major on the list.
>Find that inflation chart that references everything to 1966 dollars
>and find out how much a $23,000 car today would have cost in 1966 or
>1962, and compare it to an MGB. If you read Porter's book on
>purchase and restoration of MGBs, he says that for the money an MGC
>cost new, you could have TWO six-cylinder Capris, AND an Austin Mini!
> How much would a new MG roadster cost today? Just look at the
>MGF...
>Scott
Yeah, but have you considered depreciation of the MG versus the Miata.
Every last cent I put into my MG minus my labor appreciates the car, provided
I don't put $15,000 into a 100-point restoration. Otherwise, I feel good,
knowing that I don't have a car payment each month, and a piece of steel with
wheels that will eventually be worth very little monetarily. I think another
consideration as well is that many newer cars are not meant to be around long.
They are disposable. However, I seriously doubt MGs were meant to last 30 years
either. You can see a wrecked Ford Explorer in a junk yard and think nothing
of it, but put a '58 MGA, Porsche 356, or early Chevy Corvette in it's place
and
one might become sick to the stomach.
I think comparing a Miata to a MG is apples to oranges and shouldn't be tried.
Different worlds, different people, different electrical systems(Jap to
Lucas(ugh!)).
Oh, well, I ramble once again.
bye all
Jay
***********************************************
Jurgen Hartwig, Civil Engineering, Georgia Tech
<paraindent><param>left</param>When you were born you cried
and the world rejoiced
Try to live your life so that
when you die you will rejoice
and the world will cry.
</paraindent>
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