Thread: Sell?
View Single Post
trader220 trader220 is offline
Former Options Trader !!!
 
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
You won’t see much depreciation in these cars. The prices may not climb at the rate they have over the last 18 months but you’re not going to see prices fall drastically.

Muscle cars had huge appreciation in the early 2000’s and people paid silly prices for some of the rare ones. Those guys who paid hundreds of thousands for hemi this and that because they were 1 of 3 in a color or had the rare special turn signal stalk are taking it on the chin. The rest of those cars had a nice appreciation and have pulled back but the cars what were 5$50k cars and became $150k cars are still $120k cars.

Like I said, I think the market levels out somewhat but you’re not going to pick up an RSA with 60 or 70k miles for $40 or $50 grand anymore. You won’t see 20k miles G50 coupes for $30k anymore. The market went up at a pace it probably can’t keep up but it’s not coming down at that pace. None of these generic 911’s went from $50k to $500k like the Ferrari’s did in the 1990’s.

It’s ashamed but the air cooled cars went from iconic hobbyist cars to collector cars. The market hot right now, it will cool some but they’re now collector cars till the end. Sort of sucks because many of my favorites like the 70 to 74 Alfa GTV2000, the BMW 2002 and the e30 M3 have done the same and they're not going to be cars that I pick up and keep for a year to have some fun with.
__________________
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
Old 12-06-2014, 06:35 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #18 (permalink)