Jim Hill wrote:
> It's always surprised me a bit to see criticism erupt on the Triumph list
> whenever someone puts a TR up for sale at what I'll call a "fancy price".
> You'd think that since we all own one or more of these cars that we'd regard
> an increasing value as a plus.... What I've concluded is that most of us
> regard ourselves not as future sellers of our cars at a high price, but as
> probable future buyers of yet another Triumph - hopefully at a LOW price.
Agreed. I still need to add a TRs or two, so I would prefer depressed
market values. Hopefully a stock market correction will help for the next
year unless Triumphs become the hot alternative to tech stocks. So I'd
likely support your follow-on conclusion. Of course, none of us believe
we'll ever sell our cars -- not now, not ever. <g> We'll just keep building
the fleet.
OTOH I bought my car from a former list member *and* I received good
advice from list members during my search. In fact, I was talked out of a
premium TR4A, the owner asking four times the price I eventually paid
for another car. Far past the car-lust I felt at the time, I am really grateful.
So I also think that list members are perhaps arguing for some market
discipline. Having an artificial runup of our cars doesn't do anyone any
good -- except for buyers when the market corrects. Unless the cars are
all snapped up by overseas* "investors" and tucked in warehouses and
never return to the market.
*I don't mean Chris in SA or you UK enthusiasts.
--
Steven Newell
Denver, CO
'62 TR4 -- http://www.cravetechnology.com/tr4.html
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