Thread: Depreciation
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Craig T Craig T is offline
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Join Date: Sep 2007
Location: Ventura County, CA
Posts: 4,018
I think the biggest lunacy was the frankenstein and backdate "hot rod" 911's. The short-lived rock star status of the R-Gruppe and Magnus Walker caused a quick spike in cars that were historically worth peanuts. Two years ago you could backdate a 75-76 impact bumper car into a long hood with fiberglass hood and bumpers, stick on ST or RSR flares, drop in a 3.2 motor, paint it viper green or tangerine and sell it for $100,000 plus. A lot of shops jumped on the bandwagon. Now I see these frankensteins and backdates falling hard.

I wouldn't want to be one of the guys who paid $300K for a Singer ten years from now.
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Craig T

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Old 07-18-2017, 09:35 AM
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