by Datechguy | January 17th, 2013
I do believe I’ve got you covered
James Garner, Tank 1984
Piers Morgan fresh from being spanked by Ben Shaprio decided to have another go of it yesterday
Mr. Morgan’s forlorn hopes that Dana Loesch and Scottie Hughes would be an easier marks than Mr. Shaprio and the comedy value of the video not withstanding the most interesting feature of this interview is Mr. Morgan’s obsessive fear of the average citizen armed with tanks.
While I’m not aware of any mass murder taking place using a tank, I was intrigued since I am aware of private collectors actually owning tanks. So lets look at the whole question for a moment.
First of all, being of a certain age when someone says “Tank” I don’t think of Modern Armor, I think of Sherman Tanks and World War 2. So lets go there.
Let’s start with price
On July 17, 1940, exactly one month after receiving their orders, they delivered the cost estimates for the M2A1 tank.
The Army reviewed the estimates. Chrysler had figured on a production ability of 10 tanks per day. After review, the Army said it could pay for 5 a day. They also said that the armor plating tools and related machinery would not be included.
Refiguring the estimates, Chrysler put a cost per tank of $33,500. The corporation was protected by an escalator clause which would offset this price should labor and material costs go up.
Ok we have an estimate of $33,500 for a Sherman Tank new off the Assembly line circa 1940. Converted to 2012 dollars that comes to $540,000.86
However rather than adjusting numbers let go out and see what people are actually paying for Sherman Tanks today. You can find that information pretty easily and that’s when the problems begin….
One of the most popular vehicles for MV enthusiasts, but probably the least collected is the Sherman tank. Everyone says they want a Sherman tank—that is, until they see what one costs to buy and maintain.
Sounds a lot like a Chevy volt but I digress…
In setting a solid price Military Vehicles Magazine has a 1-6 scale on pricing 1 being near perfect to 6 a parts vehicles unrestorable. As we are addressing Mr. Morgan’s apparent fear of citizens running rampant with tanks lets examine a price ranges in condition 4 (Functional) or above.
A tank in #4 Functional condition according to Military Trader.co goes for $175,000 in Pristine condition (#10 the price goes to $300,000 which means a Sherman Tank in 1940 was a poor investment as even in Mint condition it came no where near it’s inflation related cost.
And lets remember that this doesn’t include oil, bullets, shells, parts in case of trouble (you can buy a parts tank #6 at $95,000) and let not forget that A Sherman gets .8 miles per gallon. With a range of 130 at 3.33 a gallon that a lot of gas money before they can get to Piers house.
Given these price points, an economy with a growing population on food stamps and the fact that for a whole lot less a deranged mass killer could whip up something a lot more effective and deadly I submit and suggest that Piers Moran’s fear of Tanks is a tad overstated and if he continues to exhibit symptoms of said phobia he obtain professional help
And under no circumstance should he watch this movie clip from the 1984 film let alone the entire picture.