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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
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Quote:
Originally Posted by McLovin
Recessions might not affect Ferrari 250 GTO prices, but there were almost half a million aircooled 911s made.
Prices are already softening as credit/liquidity has tightened and the stock market has declined.
A full blown recession would certainly put a hit on values of, for example, those thousands and thousands of SCs and 80s Carreras with 150,000+ miles on them.
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Pretty well sums it up.
Its already happening.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
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