In a message dated 01/14/2000 9:07:30 PM Pacific Standard Time,
cthompson@rrinc.com writes:
<< So if you're interested in market value - make sure it is really a Tiger,
and preserve it, but don't change it. I'm sure I've depreciated the value of
my Tiger because I actually drive it, sometimes even in inclement weather. >>
Chris-
You've really hit the old proverbial nail on the head, bringing up the
current debate in collector car circles.
"Patina" is the buzz word used to describe that state of lovingly preserved,
true authenticity. The most notable example is the Pebble Beach Concours,
where a full on battle has erupted over the last few years debating the basis
of what is to be valued. The gross over-restoration which had in the past
been rewarded is no longer cool. They have even instigated a tie breaker
system for classes where cars tie on points which gives the nod to a car
which participates in the road rally over the one which does not, as happened
in one of the Ferrari classes this year.
The paradox with the Tiger is that the cost of searching out all the original
pieces will surpass the excess market value generated, for most owners. If
you have a totally original car it will always be worth a premium, but trying
to bring an incomplete car back to that state is not worth the money. The
thing that is cool is that none of the LAT options were "factory", so you can
add to your hearts content without taking away from the value of the car.
This contrasts cars such as the Corvette, where adding stuff that wasn't
ordered from the factory is not acceptable to the purist.
Of course, if you enjoy the high performance attributes which can be
exploited in the Tiger's character none of the above is of any concern...
Mike
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