Thread: Porsche bubble?
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Join Date: Aug 2000
Location: Palm Beach, Florida, USA
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Quote:
Originally posted by techweenie
Were any of you guys around in 1989-91?

The Ferrari market was 'bubbling' until the big drop in the Dow the end. Some Ferraris lost 70% of their value in a very short time.
That's not so bad. The dentist I had growing up moved his entire retirement savings into Mercedes 300 Gull Wings. They were beautiful. At one time they were worth $250k a piece. He had three or four of them. He didn't pay mcuh for them and then watched as their value skyrocketed. That was back in the late 80s and that was serious money.

He's still in practice.
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MRM 1994 Carrera
Old 03-07-2006, 05:12 PM
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