From: Horrocks, Aaron (ACHb@pge.com)
Date: Mon Aug 25 2003 - 10:02:15 PDT
"By the way, I can't imagine why more HMMWVs will NOT
be released unless some twit in Congress gets a law
passed to crush them in the future."
Close, but not quite. AM General sold HMMWVs to the armed forces under a contract which stated that they could never be sold in civilian markets. (This might cover the parts too). AM General wanted to make their own civy version, which they called the Hummer. Higher price, leather, CD, etc, etc. Recently the H2 "Dummer" only goes to further emphasize this point.
The 750+/- HMMWVs already out their in the MV collector's world were auctioned off by the Marines. They couldn't afford to fix the ones they had, so they sold some off to fix the others. ...And they got busted!
Aaron Horrocks
1952 M38A1
-----Original Message-----
From: Employee@MilVeh.com [mailto:milveh@sbcglobal.net]
Sent: Monday, August 25, 2003 9:49 AM
To: Military Vehicles Mailing List
Subject: Re: [MV] HUMMWV new in the box $1750.
(Just kidding, lil twist on the jeep in a box,
adjusted for inflation)
About this thread on HMMWV value.... I've never bought
an MV just to make a buck, although in the back of my
so-called mind, I'm value oriented. (Uh, my kids call
that being cheap) Still, I like to think there is more
owning an MV than just the than money angle.
All mil-vehs have a historic nature about them and
that will always make them interesting enough to
appeal to a large percentage of people. However, it's
hard to put a price on the other aspects of MV
ownership such as the friendships made, family
oriented trips and projects and lets not forget sense
of patriotic preservation you get with these things.
It's been a great experience for this family. Prior
to that we were car collectors, mostly muscle cars of
the 50's and 60s. From my perspective this has been a
lot more fun, although my boys probably still prefer
the Vettes!
Like I suggested in my first post, the HMMWV prices
will probably ebb from time to time, based on its
popularity. That's just part of the evolution of any
vehicle. When they were first released you had to
expect that would be at top dollar and as more are
released or trends fade, the prices should fall a bit.
By the way, I can't imagine why more HMMWVs will NOT
be released unless some twit in Congress gets a law
passed to crush them in the future.
Now that would definately ad some value to your ex-mil
HMMWV! Then again, that kind of legislation might
include coming after yours. Call me paranoid, but if
they start crushing MV's rather than sell them, it's
not that far fetched!
Bottom line, price has to be secondary to reasons you
own an MV. So, no matter where the price may wind up,
the fun along the way will make it a good investment!
Jack
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