Quote:
Originally Posted by JWheaton
Why are all the current Kirkham's worth more now that the base model has gone up in price?
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Theory of Progression - See Rod Knock's explanation above.
Quote:
Originally Posted by JWheaton
I guess that mean that ERA 002 and the first Factory Five is worth more because there cars have increased in price!!
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No... Not quite! This would only be the case if ERA002 was desired, & that may be the case in time if ever the boys in New Britain ever closed their doors, but unlikely otherwise.
I would assume that used Factory Five cars being a dime a dozen would not improve in price, regardless of any progression in other makes.
Quote:
Originally Posted by JWheaton
What it means is that if you want a new Kirkham it will cost the purchaser more.
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Yes, that's true, but watch how the used Kirkhams will follow up in price, because ultimately a Kirkham new or used is a desired commodity.
Economics 101 - Supply (Kirkham - limited) versus Demand (desire to own - high)...
