Trailers --- I'll never learn.
-------- Original Message --------
Subject: Re: me too
Date: Fri, 04 Jul 2003 07:02:24 -0400
From: Don Malling <dmallin@attglobal.net>
To: Randall Young <Ryoung@navcomtech.com>
CC: List <triumphs@autox.team.net>
References: <NOEDJDCNFBCNELMBFNFEEEEJFEAA.Ryoung@navcomtech.com>
Lou,
Your rationale is what I'm using to justify spending a lot of money on a
restored 40 year old LBC. So I agree with you except for the sanity part.
I'm not so sure that sanity is on our side in this, but I'm glad it's
not. The prices for these 40 year old LBC's would be even higher if it
were.
:-)
Don Malling
Randall Young wrote:
>>Maybe I just don't get it, but I can't, for the life of me,
>>understand why a
>>sane person would buy a $25,000+ roadster only to see it
>>depreciate by 25 to
>>30% in the first month of ownership. Take the same amount of
>>money and buy a
>>perfect nut and bolt restored side screen, a Michelotti model or
>>even a TR6.
>>If you don't do something bizarre and trash it, it still will be
>>worth that
>>$25,000+ or more for as long as you own it. Then again maybe I just
don't
>>understand.
>
>
> I won't argue it's sane, but I hear several reasons from otherwise
> reasonable people :
>
> 1) No warranty
> 2) No air bags
> 3) No ABS
> 4) No dealer on every street corner
> 5) No parts vendor on every other street corner
> 6) No repair shop " " "
> 7) Harder to get a loan
> 8) Uncertainty over reliability
>
> There is some truth to that last item, lets face it, these cars never
were
> as low maintenance and trouble-free as a modern car. They have to be
> lubricated, adjusted and generally maintained on a regular, fairly
frequent
> basis. A lot of that is just the advances in technology over the
last 30-50
> years, but there it is. Most people just aren't willing to deal with
> frequent maintenance, "tinkering" as someone recently put it. Others
aren't
> able to get past the LBC reputation ... which perhaps goes
hand-in-hand with
> not tinkering.
>
> My boss traded in his TR7 (which he'd owned from new) on a Z-car, not
> because he didn't like it or because it had ever given him any
trouble, but
> just because he was afraid it would start giving him trouble.
>
> Randall
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