Reply to "High Dollar Pantera market heats up..."

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Would you be happier if your DeTomaso Pantera was depreciating & your car insurance was LESS?!.

I wouldn't care because I own my cars for my enjoyment, not as an investment.

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How much has your car insurance gone up that you feel a financial strain to pay it?!

Did I say it was a strain? It isn't. I just get more joy from spending my cash on new parts to improve my cars than for higher insurance premiums.

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Do you also complain when you home appreciates & your home insurance goes up?!

I didn't complain actually, I said " I can't say I'm all that excited". My house insurance also goes up almost every year and that doesn't excite me either. It would if I was an insurance salesman though.

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I EASILY shoulder the cost of of a relative small increase in car insurance vs the LARGE gain in valuation of any of the 19 Sports Cars I own.

I too can "shoulder" the cost but the "LARGE gain" is intangible and irrelevant (to me). The benefit of my insurance is to make me whole in the case of loss or damage to one of my cars. Rising prices just mean it will cost more to replace like with like in the event of a claim.

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I own a 1991 Ferrari Testarossa, car has increased OVER $100.000.00 in value since my initial purchase, other cars I own, have doubled & tripled in valuation.

So? I own a Mangusta that I bought 10 years ago for a small fraction of its current "value". It's not relevant because I have no desire or intention of selling it. But as Julian astutely noted, "they become too valuable to drive for many of the people that purchased them for exactly that." The unfortunate result is beautiful cars end up in museums not on roads.

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UNLIKE you...I'm ECSTATIC !!!...Mark

I'm happy that you're happy. As an investor in cars you should be happy. As a driver, I am too. Just maybe a bit less so. Then again, maybe more so.

Mark