Yeah, but what do you define as cheap? Yes, they are cheap to buy now, but they weren't cheap to buy new. All other things being equal, you could buy an E-type for less...
To buy my '89 new today would cost about $41000 w.r.t. inflation ($24700 in '89).
That, while not outlandish, is certainly not cheap. A '69 E-type Jaguar ($5xxx in '69) would cost a mere $32500, despite the fact that they only made ~73000 of them) Now, I realize that the rarity factor and the prestige of the jaguar badge affects current market value, but it's just something to think about.
I think that what we are going to see is a dramatic value increase for the Mk3 in 10-15 years. For example, our 240z (Including all Z variants through the 280z, over 600000 were made, far more than the Mk3). A few years ago, a nice 240z would fetch maybe $5000. Today, according to NADA, it's worth over $21000, with an average one running about $12000. My father never ever saw this coming, and he has been following the Zs since he sold his old 240 in the 70s.
To buy my '89 new today would cost about $41000 w.r.t. inflation ($24700 in '89).
That, while not outlandish, is certainly not cheap. A '69 E-type Jaguar ($5xxx in '69) would cost a mere $32500, despite the fact that they only made ~73000 of them) Now, I realize that the rarity factor and the prestige of the jaguar badge affects current market value, but it's just something to think about.
I think that what we are going to see is a dramatic value increase for the Mk3 in 10-15 years. For example, our 240z (Including all Z variants through the 280z, over 600000 were made, far more than the Mk3). A few years ago, a nice 240z would fetch maybe $5000. Today, according to NADA, it's worth over $21000, with an average one running about $12000. My father never ever saw this coming, and he has been following the Zs since he sold his old 240 in the 70s.
