Quote:
Originally Posted by pmax
Except for the current high valuation and perceived investment potential, I don't get what else is the big deal with this drop top.
Is it really worth whatever it is now ?
They were borderline worthless at one point.
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The reason Speedster's have reached the heaven like heights in price is because they have become iconic. No real car collection is complete without one. Go into any large collection of varied cars, like a Leno collection and you will find a Shelby, a Speedster, and probably a red Ferrari. Anytime you have multiple groups vying for the same car, the price goes crazy. Why can you buy a 59 Convertible D for half the price of a 58 Speedster, because the D is not iconic, James Dean didn't own a D. It's like the 64 Impala in the 90's, the muscle car guys wanted it, the lowrider guys wanted it, next thing you know a 64 was worth twice what a 62 was worth and four times what a Biscayne was worth.
This is why I drive a Roadster, I've bought and sold many a Speedster, but when I can sell one for twice what my Roadster is worth, well, decision's like that are why I can drive my 356 to my lakehouse in NH.
---Adam
