[Fot] Triumph Values

[Bill Sohl]

FOTers,

I saw the Auto-week TR-3A auction report also.
My .02 on the subject of values for our cars.

There clearly is a significant interest in "performance" automobiles and
we do see that to the extreme via the "high-end" auctions like 
Barrett-Jackson.
What I believe we are starting to see is the following:

1. True "pony cars" and as factory delivered performance cars have seen a 
rapid
increase in value.
2. The ability to buy an affordable (let's say for $30,000 or less) muscle 
car
is ending do to increased market demand.
3. High-end sports cars (Jags, Healeys, Porche, and others) have for a 
number of
years already been above the $30,000 price point.
4. Given the now higher prices for American pony/muscle/performance 
vehicles,
potential buyers of a vintage auto with "performance" attributes are now
looking to "low end" sports cars to satisfy that desire....it also doesn't 
hurt
the buyer's purchase decision that most low-end sports cars are also 
"top-down"
vehicles.
5. In today's market, $30,000 isn't that much for almost any car purchase.

Cheers,
Bill Sohl

----- Original Message ----- 
From: <BillDentin at aol.com>
To: <gp89 at charter.net>; <wgrosenbach at juno.com>; <jimcun2001 at yahoo.com.au>
Cc: <fot at autox.team.net>
Sent: Saturday, January 27, 2007 10:15 AM
Subject: Re: [Fot] Alloy Body


> In a message dated 01/26/2007 9:36:25 PM Central Standard Time,
> gp89 at charter.net writes:
>>   Imagine what could happen at a Barret-Jackson auction.
>
> As far as I'm concerned, the Barret-Jackson auction, and others like it, 
> are
> screwing up the auto hobby something fierce!
>
> I note in the current issue of AUTOWEEK they list a less than perfect TR3A
> which sold recently at auction and north of thirty grand.  No Trailer 
> Queen, its
> description says the engine compartment appeared to be correct, the 
> interior
> had very good leather, but it had so-so chrome, poor body work (panel fit) 
> and
> in particular its bad paint.  Further it suggested while the car sold (did
> not have a minimum bid restriction), it did not meet the previous owner's 
> sale
> price expectations.
>
> Gee...maybe we TRIUMPH owners are all rich and don't even know it.
>
> Bill Dentinger
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