Ah, the stories, everybody has one and since mine's the best I will save
it for last!
----- Original Message -----
From: "Oker, William" <OkerWR@navair.navy.mil>
To: <LMR356@aol.com>; <Tombread@aol.com>; <OkerWR@navair.navy.mil>;
<greenman62@hotmail.com>; <jrosevear@thinkinginvestments.com>;
<vintage-race@autox.team.net>
Cc: "Carl McLelland (E-mail)" <carlynneracing@home.com>; "Mike Savin - Nokia
(E-mail)" <Mike.Savin@nokia.com>
Sent: Friday, March 30, 2001 9:24 AM
Subject: RE: Vintage Racing...it's only relative
> In 1964, I couldn't afford a "new" Porsche either...or a "new" anything
for
> that matter. I made $1.25 an hour as a parts driver. But I did buy a used
> Bug Eyed Sprite for $700. Dad put a hundred down on it and I payed $30 a
> month on a 24 month loan. This was in Souther California. Used 1950
vintage
> 356's ran about twice that much then. In 1966, I was in the Air Force
> stationed in Ohio...I remember getting about $89 per month as an
> E-3...Airman Second Class. In Ohio, at that time, you couldn't hardly give
> away a 356 Porsche! I was able to afford my Speedster because I bought it
> from the guy who owned the shop (Lou Gregg) where I was moonlighting part
> time as a mechanic for $1.00 an hour. I never actually paid it off. I
> eventually gave the car back to Lou and borrowed $1,000 from some loan
shark
> finance company and bought the '58 Coupe (from a customer) which was a car
> that I knew well because I worked on it several times. I sold the '58
Coupe
> 2 years later in California for $2,800....almost 3 times what I paid for
it
> in Ohio!
>
> Bill Oker
>
> -----Original Message-----
> From: LMR356@aol.com [mailto:LMR356@aol.com]
> Sent: Thursday, March 29, 2001 4:45 PM
> To: Tombread@aol.com; OkerWR@navair.navy.mil; greenman62@hotmail.com;
> jrosevear@thinkinginvestments.com; vintage-race@autox.team.net
> Subject: Re: Vintage Racing...it's only relative
>
>
> In a message dated 3/29/01 3:51:26 PM Eastern Standard Time,
> Tombread@aol.com
> writes:
>
>
>
>
> In the mid '60's, when normal people could afford a 356 Porsche
>
>
>
> Here's a little trivia in response to the above:
>
> A 1964 356C Porsche SC Coupe, POE Teaneck, NJ, listed for $4.750.00*
>
> Although that Porsche looks pretty cheap thirty-seven years after the
> fact....not too many "normal people" could really afford to pay $4,750.00
> for
> a mid-range sports car. MGB's and TR4s were selling for $2,000 less,
while
>
> the Aston Martins and Ferraris were "only" selling for $7,500.00 more!
>
> Yikes.... I'll take a half a dozen 275GTBs ...and put them away for a
rainy
> day! Perhaps the real measuring stick is that 100 octane, leaded gas
was
> $.40 a gallon....
>
> Lee Raskin
> Brooklandville, MD
> Arnolt-Bristol and 356ers
>
> * Source: N.A.D.A Classic/Special Interest Appraisal Guide 1/2001
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