Ferrari Mailing List: Re: News...

[LS (lashdeep]

Indeed, if you've got a 396 Chevelle, I'd run for cover or start becoming
very happy with it. If you've got a Boss 302, 427 Vette, or another
unique, rare model, you're probably going to do just fine.

LS

--- "Brian E. Buxton" <BrianBuxton [at] BuxtonMotorsports.com> wrote:

> I agree - I seriously doubt KM did or said anything wrong.  And I also 
> agree that the muscle car market is seriously over inflated.  Sales have
> 
> already slowed down at all of the auctions.  I think everyone that had 
> stupid money to spend already bought what they wanted.  The shift in 
> interest has already begun to luxury cars from the 50's.  Big fin cars, 
> etc.  Even older, previously unloved Ferrari models (Boxers) have begun 
> to rise in price.  All of the goof balls with 2M dollar Hemi 
> Cudas/Challengers/Novas, etc. are going to lose their butts over the 
> next year or so as the market corrects itself.  They may be $300K cars 
> but a million or more for a body and interior that looks exactly like 
> hundreds of thousands other base model Cudas/Challengers/Novas, etc. is 
> crazy.  The engine and badging are what people are paying for.  And that
> 
> is not enough to sustain "collector" status or pricing.
> 
> Brian
> 
> 
> 
> philville [at] dejazzd.com wrote:
> 
> >Personally, knowing some one of credibility who was with Keith a great
> portion of the event, I think that BJ has their own problems and short
> fuses. I also think (IMO) that the prices are going to start to fade and
> they wanted a short term scape goat.
> >But that as I said is JMO,
> >Phil
> >From: "Brian E. Buxton" <BrianBuxton [at] BuxtonMotorsports.com>
> >Date: 2007/02/05 Mon PM 12:36:51 EST
> >To: Phil Tegtmeier <philville [at] dejazzd.com>
> >CC: The FerrariList <ferrari [at] ferrarilist.com>
> >Subject: Re: [Ferrari] News...
> >
> >If his magazine could control the market that would be great!  But if
> he 
> >did attempt to depress the market and buy a bunch of cars, where would 
> >he find buyers to pay higher prices than his magazine claimed they were
> 
> >worth in order to make a profit?  Was he going to store the cars for 5+
> 
> >years?
> >
> >Brian
> >  
> >
> 
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