>>>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, ... Please let me know what you think<<<
Well..., in 2000 I paid $3,500 ("use tax" rated) for my Tiger. It did
require that I buy with it the replacement front clip, the hard top and $800
of unused parts from Sunbeam Specialties for an additional $1,600 ($5,100
total). I have replaced the front clip, all the lower sheet metal (including
an inner sill) and removed just about every trace of rust. I've rebuilt the
front suspension and added the Logan/Crawley improvements. I also rebuilt
the rearend and its suspension. When I'm all done (should that day ever
come - 10 years on jackstands) I'll have about $7,500 in the whole car with
virtually everything rebuilt.
So, "only" $26,000 or there about would be fabulous to me. But, as I have
no intention of selling it in my lifetime "value" is just a number. In 2007
my house was worth about $700,000+. Today maybe $400,000-$450,000. It's all
only on paper.
Tom
----- Original Message -----
From: <mcdangerous@verizon.net>
To: <clarkwgriswold2nd@gmail.com>
Cc: <TIGERS@autox.team.net>
Sent: Thursday, August 05, 2010 8:54 AM
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? Is
> this the true market value, or is it just a temporary dip thanks to the
> economy? That's a Mk1A, right? Shouldn't that make it a bit more
> attractive when compared to Mk1s? What's the outlook for values? What's
> the current value and outlook for Mk2s? If this is the level of Tiger
> values, then I don't even understand how anyone can consider putting money
> into an Alpine to create a Tiger clone, considering that someone said in
> another thread that clones are bringing 50% of Tiger values. None of this
> makes sense to me... Please let me know what you think re. Thanks. M
>
> Aug 5, 2010 08:58:56 AM, clarkwgriswold2nd@gmail.com wrote:
>
> My BaT daily newsletter found this..pretty clean car. Comments at the
> bottom
> of the page are complimentary of Tigers in general, and suggestive of
> increasing value..
>
>
>
> Wheels on it are pretty bad.sorry if it belongs to anyone on the list, but
> I
> don't like your wheel choice.rest of the car is great!
>
>
>
> Cullen
>
>
>
>
>
> http://bringatrailer.com/2010/08/05/bat-exclusive-1966-sunbeam-tiger/#more-
> _______________________________________________
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