Quote:
Originally Posted by SalParadise
I remember the Ferrari market in the late '80s. It was insane. People could see no end in sight. I talked to probably 20 "investors" who were buying everything from 400is, to BBs, to Mondials, to TRs. They were convinced they would all be a million dollars by 2018. They are not. Never will. They are production cars.
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Most don't remember that.
But, because "we'll never see prices this low again" and "they're not making them anymore" people were paying close to $200,000 for garden variety 308s in the late 80s.