TR2/3/3A 47K TR3....wow

[Tr3aguy]

TR3 47k ....Just providing a link

Found while searching the web.....looks nice but 47K??

 

[JodyFKerr]

TR3s have been shooting up in value.

NADA guide for this car in High Retail Value is listed at $34,500. That's not concours, but high quality.

Concours, particularly award winning, adds an additional premium on top of that. Sure, it's priced at the very high end of the market, but it definitely looks like it belongs there.

We always complain how expensive they are when we want to buy them. Then, when it's time to sell we always complain how undervalued they are.

If I were a TR3 owner at the present time I'd be really happy with the way prices have been going.

 

[Mickey Richaud]

Sold mine six or seven years too early... :frown:

 

[mrv8q]

Sold mine six or seven years too early... :frown:

What I wonder is when the demand for TR3s, for example, will simply diminish because those who desire one have one, or they're dead! The really inquisitive people who come up to me with their tale of the TR3 in their past are seldom youger than age 60. The other group who are all smiles about the car are age 6.

The same way that I would never care to own, say, a Model T Ford, I can't see that many younger people would care to own a relatively "primitive" car as the TR3.

If one were to sell one, I wonder if sooner, rather than later, is the time to sell. Perhaps demographics has that answer...

Strangely, I can't ever see selling my '3, but then, I'm 6 years away from a kid in college, so who knows.

Perhaps the TR8 is the car of the future...

 

[JodyFKerr]

Perhaps the TR8 is the car of the future...

Well considering the pure volume of TR7s and TR8s at Triumphfest this year I'd say the wedge is finally coming in to it's own, and that's not a bad thing at all.

Keep in mind that the 7 & 8 ran from 1974 - 1981ish. So, those of us of the 40-something persuasion remember thinking these were very cool as kids. Being 38 myself, I have a definite affinity for the 70's era cars that were previously poo poo'd by the mainstream car club scene. It's a generational thing. The TR3 was my Dad's car, the TR7 and TR8 were mine. (now, I love me a good TR3 don't get me wrong).

By supporting and adopting a more positive stance on the later cars it's just going to help car collecting continue into the next generation. Most of us can't afford a AH3000, MGA, TR3 or TR4 as our project cars. We can, however, afford to start with Rubber bumper MGs, Austin Healey Sprites (post frog-eye), and TR7's and TR8's.

They're all neat cars, and they're all fun. I'll bet, because of how late the TR3s ran production-wise and how long folks saw them around that they'll continue rising in price. The baby boomer generation is retiring. That's going to keep demand going for at least the next 15-20 years.

 

[Deleted member 8987]

Having been active in the old and collector car hobby for many decades, I can tell you we watched this happen time after time.
We watched the desire for Model T Fords drop at a point that the last folks who drove them when they were still considered "fresh" quit driving or died. Bottom fell right out of the market.
I had a Model A Tudor, jointly with my brother. All done but the interior upholstery...Army blankets over the new springs.
We calculated the year the bottom would drop, based upon the T, and sold it (mechanical brakes and all) for $6500 at the car swap meet held annually hereabouts.
Next year, you could get a 31 A with juice brakes and overdrive for $3500.
All done, drive it anywhere at 65MPH.
Sure, it's come back up over the years as youngsters become enamored with old stuff....but usually, it seems, they buy them to put a TCI chassis, small block, 12V, A/C, IRS and all that into them.
They do drop....like stocks, you need to know when to sell, and when to buy back later on!
Dave