Nice job Tiger owners you made a good investment if you plan to sell soon, the future is unknown. Lee
http://www.cnbc.com/id/102289654
http://www.cnbc.com/id/102289654
60% increase in one year
- Thread starter leepear
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Week or weak? As for the numbers... More bubbles than champagne .. I'd be popping the cork soon if you bought these cars as an investment .... Buy them to enjoy... Speculators might drive prices up short term but they don't stay involved long.
TigerBlue
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Funny
"Sunbeam Tigers boast a compact British car body with a monster Ford V-8 engine, and have appreciated by 61 percent this year. And Lagondas, which took the Lambo wedge to almost absurd lengths, were also a big hit in the 1980s."
I like the : "Monster Ford V-8". Yeah a 2 bl 260 is what gives the Tiger cred as a muscle car. More potential for power than what they were sold with. Stock engines are not monsters.
Blue.
"Sunbeam Tigers boast a compact British car body with a monster Ford V-8 engine, and have appreciated by 61 percent this year. And Lagondas, which took the Lambo wedge to almost absurd lengths, were also a big hit in the 1980s."
I like the : "Monster Ford V-8". Yeah a 2 bl 260 is what gives the Tiger cred as a muscle car. More potential for power than what they were sold with. Stock engines are not monsters.
Blue.
I bought mine at just the right time. After I made my down payment, but before I sold other cars and completely paid the seller, he sent me an email about the Barret Jackson Tiger that did like $70K back in August. I downplayed it and said, "Those auctions have a lot guys with too much money and too perfect cars. Ebay is a better representation."
I could have doubled my investment on what you all said it was worth the way I bought it. So I'm happy.
I could have doubled my investment on what you all said it was worth the way I bought it. So I'm happy.
66TigerMK1A
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Don't know where those 60% numbers come from but I'm just looking over the latest ones from Hagerty as they have their December numbers now...
MK1A's have been the biggest gainers lately...and the highest % increases are for the #1 cars...
Over the past year, a #1 condition MK1A has increased 31% ( $82600 to $110000 )
and looking back 2 years, same car is now plus 76%
( $62500 to $110000 )
same 2 year period... Condition 4 +34% Condition 3 +47% Condition 2 + 67%
They have comparables from different auctions and it's interesting to read their comments on some of them...
No need to remind me it's not necessarily 'reality' but nice to have in your pocket if things go bad and you don't have 'agreed value' insurance
MK1A's have been the biggest gainers lately...and the highest % increases are for the #1 cars...
Over the past year, a #1 condition MK1A has increased 31% ( $82600 to $110000 )
and looking back 2 years, same car is now plus 76%
( $62500 to $110000 ) same 2 year period... Condition 4 +34% Condition 3 +47% Condition 2 + 67%
They have comparables from different auctions and it's interesting to read their comments on some of them...
No need to remind me it's not necessarily 'reality' but nice to have in your pocket if things go bad and you don't have 'agreed value' insurance
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re: 60 % increase in value
I saw the Hagerty numbers too. I have no idea whether it is coincidence or not but the gains start happening around 2012 which is when Shelby passed away.
I don't see these cars as continuing the pace of increases that have been taking place but I don't see them dropping precipitously either. That's assuming the economy doesn't take a dive. My little Triumph TR250 is just holding its own with minor fluctuations which is where I think the Tigers will eventually be. I am glad I got mine when I did and I absolutely enjoy the car with no plan to sell it. I did not buy for investment but I have to admit its nice to see something I own appreciate and hope it continues but at a much slower pace. Just my .02 cents.
Dave
I saw the Hagerty numbers too. I have no idea whether it is coincidence or not but the gains start happening around 2012 which is when Shelby passed away.
I don't see these cars as continuing the pace of increases that have been taking place but I don't see them dropping precipitously either. That's assuming the economy doesn't take a dive. My little Triumph TR250 is just holding its own with minor fluctuations which is where I think the Tigers will eventually be. I am glad I got mine when I did and I absolutely enjoy the car with no plan to sell it. I did not buy for investment but I have to admit its nice to see something I own appreciate and hope it continues but at a much slower pace. Just my .02 cents.
Dave