Reply to "Black Magic Mangusta"

markcharltonOld enough to know better and still young enough not to care. My '71 Pantera

It's always a tough one when you try to make cars like these investments because it's impossible to predict how stupid the market will get, or how fast it will react if the economy tanks. $90K seems what most people would consider top price for a Mangusta. The highest Mangusta auction sale I could find was $70K and that was in 2003.

Don’t get me wrong, I love them and really want to own one, but as rare as they are, they don’t have the cachet and racing heritage that drives some other marques higher. Still, if I wanted (or needed) to sell it, I wouldn’t have let $100 bucks keep it in my garage (figure the carrying cost on $90K) and if I was willing to pay $89,495, taking an extra hundred out of next month’s beer budget would have been worthwhile stretch.

Next year that will either be a $150K car or a $65K car and I guess the buyer and seller can’t agree which.

12/3/067:52 AM

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Please wait...