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Today I received this months edition of Classic Military Vehicle which wasn't too bad. However a Mark Nash states in his article on the Saracen that they cost £350K each. I find this a little on the high side. Where does this figure come from for a vehicle manufactured in the 1950's ? I read once that a Stalwart cost £32K in c.1962.

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£350k in 1955 would be worth just over £9m today so I suspect you are right with the £32k.  My 30ton 6x6 Scammell Constructor was exactly £10k in 1956 by comparison.

Edited by radiomike7

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If an Equipment Management Policy Statement/Letter has been raised in later years sometimes an estimate of the original cost of the equipment is given. Although I have documents for Ferret & Pig the indexes for EMPS & EMPL show that there was no such document for Saracen.

The Catalogue of Materiel Authorised for Establishment Purposes (which is part of Materiel Regulations for the Army) will give a current book value. I only have the 1972 edition which shows a dramatic change from the quoted purchase price.

 

 

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That does sound too high as a CR2 cost well over a million each however it depends if you include R&D costs. I did a costing exercise on CR1  which included R&D, spares, repairs and running costs in the '90's and it cost over £120 per kilometre to run each tank.

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