Quote:
Originally posted by SoCal911SC
The one in this week's AutoWeek that sold for $121K didn't even have the original engine in it.
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Hmm, then it wasn't a concours car. As we have proven with this thread, prices go all over the map at auctions, and aren't a real indicator of actual value. If that car didn't have the original engine, I *guarantee* you I could have bought the $55K car and turned it into a better car for far less than $50K.
Seems as if there's an asset bubble, and people are just buying anything. I think I will wait patiently for the right car to come around at the right price. Many years ago, I used to be a cheap SOB on buying cars, but now I appreciate that the top quality cars are indeed going to demand a premium. I'm not against paying a premium for a good car, but if I did pay that price, the car had better be perfect and have matching numbers. $121K without the original deal is poorly bought...
-Wayne