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Re: Triumphs as "investments"

To: jbonina@nectech.com
Subject: Re: Triumphs as "investments"
From: Lawrence Schilling <lchillin@siu.edu>
Date: Fri, 24 Apr 1998 09:08:11 -0500
Cc: TRIUMPHS@Autox.Team.Net
IMHO Keith Martin, who publishes Sports Car Market and writes these pieces
for AUTOWEEK, doesn't know his ass from a hole in the ground!

He is a self-proclaimed "expert" in the field yet says and does the most
naive things.  He recently bought a TR6 sight unseen for approx. $2800 so
his kids could turn around and sell for $4000 or so and make a profit.  He
was so distraught to hear that the engine made a peculiar sound, which he
translated into "Oh no, it's going to need a $4000 overhaul I've been
cheated".  

Over the 4 or 5 years I have read his stuff in AUTOWEEK he has said a
litany of moronic things.  Maybe he's an OK guy in person but in print he
sucks.



At 01:18 PM 4/23/98 -0400, you wrote:
>
>     I happen to own a '71 240Z in a 4 condition.
>     
>     I can't sell it for the life of me for $3400.
>     
>     Maybe I should keep it.
>     
>     Jeff
>
>
>Subject: Triumphs as "investments"
>Author:  ingate@shiseis.com (Shane F. Ingate) at SMTP
>Date:    4/20/98 2:58 PM
>
>
>     
>This week's AutoWeek lists a few cars that should be good "investments":
>     
>1960's VW Microbuses - Current range $17,000 to $22,000 (!?!?!?!)  By 2000, 
>over $30,000!
>     
>1961-67 Triumph TR4 and 4A - Currently $8,000 to $12,000  By 2000 $18,000
>     
>1972-74 Ferrari Dino Spyders - Currently $75,000  By 2000, $100,000
>     
>1963-67 Corvette Coupes - Currently $25,000  By 2000, $30,000  (was about 
>$20,000 2 years ago, according to article)
>     
>The article also listed some cars that have done well the last 2 years:
>     
>1953-56 Austin-Healey 100-4,  Was $16,000  Now $20,000
>     
>1961-67 Jaguar E-type convertibles,  Was $35,000  Now $45,000
>     
>1988-91 Ferrari F40's,  $1,000,000 when first released, $200,000 in early 
>90's (ouch) Currently $275,000
>     
>1970-73 Datsun 240Z's, was $10,000 for great one, now $15,000.
>     
>        Shane Ingate in San Diego
>


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