Price Drops Here there and Everywhere...It Has Begun in Earnest

[pmax]

Originally Posted by touringmandan

The price/value "bubble" seems to have a very high film strength. Perhaps the sky is not falling?

No, the ground is rising.

[touringmandan]

In the early 1930's in Germany, they actually had to post signs in the public toilets-
"Please don't wipe your arse with deutschmarks- they clog the toilets and sewers".
If we keep printing dollars, we might just cure the toilet paper shortage. And keep the plumbers busy.

[pmax]

Wow, another year ...

87 coupe

#1 118000
#2 87000
#3 53500
#4 43000

[techweenie]

Dropping like a rock!

[Matt Monson]

Winter is coming.

[Kansas]

Originally Posted by Matt Monson

Winter is coming.

I don’t think this a seasonal thing anymore. The dollar’s quickly becoming worthless and part of me thinks that people are hedging their bets with a real asset.

[Matt Monson]

Originally Posted by Kansas

I don’t think this a seasonal thing anymore. The dollar’s quickly becoming worthless and part of me thinks that people are hedging their bets with a real asset.

I’ve been saying that for years, every time someone says the market is crashing. It’s not seasonal. It’s not a serious reply.

If you read my serious replies, I’ve been downplaying the seasonality for years. That’s the joke. I’m mocking the guys who always say that in earnest.

[Kansas]

Originally Posted by matt monson

i’ve been saying that for years, every time someone says the market is crashing. It’s not seasonal. It’s not a serious reply.

If you read my serious replies, i’ve been downplaying the seasonality for years. That’s the joke. I’m mocking the guys who always say that in earnest.

👌👊

[pmax]

Originally Posted by Vaive

10% drop, $50K to $45K
http://forums.pelicanparts.com/porsche-cars-sale/1037268-1990-911-c2-coupe-forest-green-metallic-green.html

This guy knows what's up. 4 price drops in a week. Smart move, get ahead of a crashing market. $49K to $43K in a matter of days of listing.
https://preview.tinyurl.com/y4tpzoc

$40K to $34K solid 15% drop
https://preview.tinyurl.com/yxjk2be

25% off
https://preview.tinyurl.com/y4vjpjb

But how can this be? These cars are visceral. I say visceral people!!!!! Like all bubbles eventually do, this one has deflated.

That deleted C2 is what ... $70k-$100k now ?

$$$ is no sure bet.

[techweenie]

Originally Posted by pmax

That deleted C2 is what ... $70k-$100k now ?

$$$ is no sure bet.

I just PPI'd a 92 C2 Targa at $86K and gave thumbs up on the condition. My client bought the car.

My disclaimer was that although the car was way, way above average, it wasn't perfect and I was not endorsing the dollar value, as I consider the market overheated. After transport, tax & registration, that's almost a $95K purchase...

[QueWhy]

Originally Posted by Kansas

I don’t think this a seasonal thing anymore. The dollar’s quickly becoming worthless and part of me thinks that people are hedging their bets with a real asset.

Originally Posted by pmax

No, the ground is rising.

These guys get it.

[jaudette3]

Prices in U.S. dollars may be changed forever due to the plummeting value of the dollar.

A third of the money printed by the United States in its history has been printed in the last couple of years:



Here is what has happened to the value of your dollars:



Bad time to own money.

Best,
John

[matt930s]

[Matt Monson]

Originally Posted by matt930s

Winning.

[creaturecat]

i worked on that Ernest movie. it was ridiculous.
haha.

[911heaven]

Originally Posted by creaturecat

i worked on that Ernest movie. it was ridiculous.
haha.

What role did you play?

[pmax]

I wonder if Vaive has gone goose or he (no gender implied !) found one.

[juanbenae]

Originally Posted by 911heaven

What role did you play?

CC as I recall is in the industry behind the camera. Just glad he was not in New Mexico in front of a prop gun..

[911heaven]

Originally Posted by juanbenae

CC as I recall is in the industry behind the camera. Just glad he was not in New Mexico in front of a prop gun..

Makes you wonder how a live shell got into a firearm that was said to be shooting blanks. Just waiting because I know The Donald will pipe up about something. He must really hate Alex Baldwin for all the SNL stuff during his presidential glory days...

[sina1991]

do 74-77s look flat to the more experienced folks? They seem to be stable based on BAT alone. 5K increase on one 75 from 2019 to 2021.