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I was looking up Rambler Americans and stumbled across the fact that =
some were sold as knock down kits in South Africa by a company =
controlled by Rootes (Stanley Motors). As the web often goes I stumbled =
upon other information relating to South African Tigers. One was quite =
in error stating that only 43 were ever assembled there and that the =
first SA Tiger was built in 1961 =
http://www.carandclassic.co.uk/car/C630148.
This next 2012 article spoke of the lack of interest for Tigers in South =
Africa and how many were going to Australia (in part, link at the =
bottom). Anyway, for those who have interest... :
=E2=80=9CStill, investors need to be careful as particular markets =
don=E2=80=99t value all scarce cars equally. A perfect example seems to =
be the Sunbeam Tiger, which doesn=E2=80=99t do all that well in SA =
despite the fact that only 73 were ever manufactured here. By contrast =
the Tiger is in huge demand in Australia.
Alf Dragan, a Sunbeam enthusiast from Edenvale, says he tried to sell a =
Tiger 260 in 1997 for R40 000 but was offered just R20 000 in the local =
market. He eventually managed to sell it for R45 000 to an Australian =
buyer who was so keen to get his hands on the vehicle that he paid for =
all the transport costs in addition to the asking price. Dragan says =
South African Tiger owners are today exporting their cars to Australia =
for over R200 000.
=E2=80=9CIt=E2=80=99s all about nostalgia,=E2=80=9D says Dragan, who =
adds that one of the reasons the Aussies like sourcing their Tigers from =
SA is that they=E2=80=99ve usually suffered less rust damage over the =
years than their Australian counterparts from coastal cities like =
Brisbane, Sydney, Melbourne and Perth.
By contrast, SA tends to have a big appetite for the 1956 Austin Healy =
100 Roadster as well as the aforementioned E-type Jaguar.
=E2=80=9CThose are the real money spinners over here,=E2=80=9D says =
Dragan.
The biggest risk to prospective investors he says, is picking the wrong =
car, especially one that needs to be restored.
=E2=80=9CRestoring a car today is very expensive,=E2=80=9D he says. =
=E2=80=9CIf you don=E2=80=99t restore the right car you can come =
seriously short.=E2=80=9D=E2=80=9D
http://finweek.com/2012/04/13/classic-cars-an-underrated-investment-vehic=
le/
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<DIV dir=3Dltr>
<DIV style=3D"FONT-SIZE: 12pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">
<P><FONT face=3D"Times New Roman">I was looking up Rambler Americans and =
stumbled=20
across the fact that some were sold as knock down kits in South Africa =
by a=20
company controlled by Rootes (Stanley Motors). As the web often goes I =
stumbled=20
upon other information relating to South African Tigers. One was quite =
in error=20
stating that only 43 were ever assembled there and that the first SA =
Tiger was=20
built in 1961 <A title=3Dhttp://www.carandclassic.co.uk/car/C630148=20
href=3D"http://www.carandclassic.co.uk/car/C630148";>http://www.carandclas=
sic.co.uk/car/C630148</A>.</FONT></P>
<P><FONT face=3D"Times New Roman">This next 2012 article spoke of the =
lack of=20
interest for Tigers in South Africa and how many were going to Australia =
(in=20
part, link at the bottom). Anyway, for those who have interest... =
:</FONT></P>
<P><FONT face=3D"Times New Roman">=E2=80=9CStill, investors need to be =
careful as=20
particular markets don=E2=80=99t value all scarce cars equally. A =
perfect example seems=20
to be the Sunbeam Tiger, which doesn=E2=80=99t do all that well in SA =
despite the fact=20
that only 73 were ever manufactured here. By contrast the Tiger is in =
huge=20
demand in Australia.</FONT></P>
<P><FONT face=3D"Times New Roman">Alf Dragan, a Sunbeam enthusiast from =
Edenvale,=20
says he tried to sell a Tiger 260 in 1997 for R40 000 but was offered =
just R20=20
000 in the local market. He eventually managed to sell it for R45 000 to =
an=20
Australian buyer who was so keen to get his hands on the vehicle that he =
paid=20
for all the transport costs in addition to the asking price. Dragan says =
South=20
African Tiger owners are today exporting their cars to Australia for =
over R200=20
000.</FONT></P>
<P><FONT face=3D"Times New Roman">=E2=80=9CIt=E2=80=99s all about =
nostalgia,=E2=80=9D says Dragan, who=20
adds that one of the reasons the Aussies like sourcing their Tigers from =
SA is=20
that they=E2=80=99ve usually suffered less rust damage over the years =
than their=20
Australian counterparts from coastal cities like Brisbane, Sydney, =
Melbourne and=20
Perth.</FONT></P>
<P><FONT face=3D"Times New Roman">By contrast, SA tends to have a big =
appetite for=20
the 1956 Austin Healy 100 Roadster as well as the aforementioned E-type=20
Jaguar.</FONT></P>
<P><FONT face=3D"Times New Roman">=E2=80=9CThose are the real money =
spinners over here,=E2=80=9D=20
says Dragan.</FONT></P>
<P><FONT face=3D"Times New Roman">The biggest risk to prospective =
investors he=20
says, is picking the wrong car, especially one that needs to be=20
restored.</FONT></P>
<P><FONT face=3D"Times New Roman">=E2=80=9CRestoring a car today is very =
expensive,=E2=80=9D he=20
says. =E2=80=9CIf you don=E2=80=99t restore the right car you can come =
seriously=20
short.=E2=80=9D=E2=80=9D</FONT></P>
<P><A=20
title=3Dhttp://finweek.com/2012/04/13/classic-cars-an-underrated-investme=
nt-vehicle/=20
href=3D"http://finweek.com/2012/04/13/classic-cars-an-underrated-investme=
nt-vehicle/">http://finweek.com/2012/04/13/classic-cars-an-underrated-inv=
estment-vehicle/</A></P></DIV></DIV></BODY></HTML>
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