>From what I've seen, these cars peak out at about $19,000, and those are the
>concours-winning, seldom-driven show cars. Sure, there are incidents of
>someone paying $20K or more, but I think that exceeds market value. Matt
>described a very nice car, but did not claim that it was immaculate. Using a
>peak value of $18,500 as a top possible value, I just estimated a deduction
>for a car that's been used since it's restoration 15 years ago and settled on
>$16,000. I said $15,795 just to be comical. Tell me if I'm wrong, but the
>budget for my TR250 has a $ expenditure goal of about $12-$14K. If I can put
>that much money into it (without consideration of my time, which is plenty)
>and get a car that is worth $14-$16, then I don't feel like I'm dumping money
>I'll never see again into my hobby. The good thing about this stuff is that
>if the hobby wears off, and if you are reasonable about your expenses, you can
>exit the hobby with little impact to your wallet and still have the great
>experience of rebuilding and maintaining a car yourself that only you know
>every detail about. I didn't want to get that serious about it, but you did
>say "seriously, . ."
Andy (afraid to add up my invoices, but believed to be still on budget)
CD6521L
-----Original Message-----
From: Robert L. Gannon [SMTP:trsix74@comcast.net]
Sent: Friday, March 28, 2003 8:27 PM
To: Andrew Packard; 6pack@autox.team.net
Subject: Re: car value question
I would say $15,895. Do I hear $15,995. Seriously, how did you get that
dollar value.
Robert L. Gannon
trsix74@comcast.net
TR6 1974 CF22956U
TR3A 1960 TS70951L
http://hometown.aol.com/twodzusfittings/myhomepage/auto.html
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