quote:Originally posted by four walling:quote:Originally posted by Splittin'lanes1:
my guess is that, knowledgable buyers who do their homework, suppress the prices and end up being owners who "got a good deal" and that is their reference point, further depressing the market,
the Pantera is not for everybody and those bodys that do don't wanna pay, have you seen some prices of some vintage mustangs lately?
might as well get a Pantera
9% of CA homeowners are in forelcosure or late on their mortgage payment.
Conventional wisdom would make me believe that this would cause the current low resale value of Panteras because of the limited pool of buyers.
i concur, but, ca is not the only state affected by the constriction of wealth, as i indicated before, the market is soft and subscribing to the notion that fossil fuels are at below 50 percent globally the writing is on the wall for mortorsports in general.
i wonder when we get to dire straits with gas what affects will it have on gdp, in other words how much does the motorsport contribute to the economy nationally and world wide?