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While I believe the market strong, I think some folks will have to wait a very, very long time to make any money on the top dollar purchase of fairly common cars. Guys like Wayne who can afford very special cars are likely different due to the relative scarcity and the folks who can buy what they wat, regardless of cost. A $125K midyear US Carrera or a $50K+ 3.2 car will likely be worth less before they are worth more (unless inflation goes berserk). That said, there seem to be people out there now that are willing to pay some pretty high prices for these cars now...but like someone said, they seem a lot like the folks in Vegas who were trying to get in before the price was out of theur reach. All assumed they would be rewarded handsomely. My $700K house in Vegas is almost worth $400K now...and some day, it may be worth $800K, but the carrying costs will be over a million by then. Obviously, I should have invested in longhoods then...but I needed a place to live.
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo
http://www.pelicanparts.com/gallery/fintstone/
"The problem with socialism is that you eventually run out of other people's money"
Some are born free. Some have freedom thrust upon them. Others simply surrender
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