quote:Originally posted by PanteraWanabe:quote:Originally posted by gilles027:
I do have to say, that the market is not a one way road. So stay cool and think twice.
There is absolutely no guarantee, that we will not see the prices again we had for the GTS and the L and the GT5S. Even so, you can not say, that there will be no F40 for $300.000 in the future. I have seen the market drop like this and it will again, definitly.
I have three classic cars right now, so don't blame me from this site. Just to mention not to get toooo enthusiastic about the raise.
What collectible cars have ever really gone down substantially? Please tell me there is hope for me owning a Countach? I mean I could work extra hard to get together the $400K US to own one, but it is still a turd. And for $400K there are much faster cars available and just as cool and collectable.
Ok, 365 Daytona costs 1988 $25000, then Enzo Ferrari died and we saw the million. We dropped back to $150.000 mid 2000s and now we see the million again and we will definitly see these cars again at $200.000. This is the way the market works. People lose interest, go to other assets ant then is the time for a car enthusiast to buy.