There are financial-market forces at play making people decide that this is a "safe bet" to store/invest money now. I have serious beliefs that this has gone beyond an enthusiast's market but into an investor's market (the investors are car guys now, but I bet the primary reason is for investment, second for the car).
This is paltry compared to the housing market here in Vancouver:
http://globalnews.ca/news/1909369/east-vancouver-home-sells-for-500000-over-asking-price/There will be a time when it WILL come down. This happened back in the early to mid '90s. In respect to Vancouver properties, "they" have been saying there is going to be a correction, or crash, but I just don't see that happening anytime soon, not for the fact other forces are at play, to keep it that way.
Now, there's no reason cars like these are worth THAT much, but all it takes is one guy to want it NOW, before he drops dead, to say he owned an (insert car here) at least once in his life, to drive prices up. It's a generational thing. At one time, vintage and brass-era cars were the rage, but prices have leveled off, as most people who would have had an interest (and relation to it) are all dead now. The guys who have the money now are driving this current generation ('50s to '70s) of cars up.
15 to 20 years from now, we'll see dusty, rusty 348s and Mondials advertised at insane prices.
;)
Peter
From:
robertgarven [at] earthlink.netDate: Tue, 31 Mar 2015 19:29:49 -0700
Subject: [Ferrari] Fwd: 1967 Aston Martin DB6 Vantage by Gullwing Motor Cars
CC:
ferrari [at] ferrarilist.comTo:
dino308gt4 [at] hotmail.comFreinds,
What is up with these cars that used to be junk and now pricelesss antiquities, It would seem to me unless it was rare race car or something really special it would cost far more
just to get to not falling apart than its worth?
I guess this is better than the 365 GT that was sitting outside in CA for the last 20 years but still, to me the people that wn these cars are criminals, at some point let
someone else have it if you are going to sit on it until it rust to dust!
just my 2 cents
Begin forwarded message:
Date: March 31, 2015 at 2:22:08 PM PDT
Subject: 1967 Aston Martin DB6 Vantage by Gullwing Motor Cars
|
![]() |
Proud to present
1967 Aston Martin DB6 Vantage
1967 Aston Martin DB6 Vantage
Gullwing Motor Cars is proud to offer
This rare and desirable 1967 Aston Martin DB6 Vantage RHD has been under the same ownership for nearly 40 years. Midnight blue with black interior. The original leather is still soft and supple and can be used as-is. Only 44k original miles. Matching numbers engine with triple Weber carburetors. This is a wonderful original car with a very straight body that's just out of 20 year storage. Don't miss the opportunity to own this special car for just $425,000
|
Contact Our Sales Team For More Information
Tel. 718-545-0500 or ![Find me on Yelp Find me on Yelp]()
GULLWING MOTOR CARS
Feel Free To Visit Us. Walk In Welcome.
![Gullwing Motor Cars.Over 30 Years of Experience in Classic Cars]() |
Gullwing Motor Cars.
Over 30 Years of Experience in Classic Cars
|
![We Buy & Sell Classic & Antique Collectible Cars ; To Sell your Car Please call Peter Kumar]() | We Buy & Sell Classic & Antique Collectible Cars ; To Sell your Car Please call Peter Kumar |
Call Peter Kumar To Sell Your Classic Cars; We Make Selling Simple
![]() | Sell Your Classic Car and Get Paid Instantly! We Buy Classic & Sports cars 1-800-452-9910 We Buy Single Car to Complete Collections In Any Condition Project Cars to Restored Top $ Paid Finder's Fee Paid We Pick up cars from all Locations in the US Selling cars has never been this easier Get Paid Instantly Call Today!! Ask For Peter Kumar To Sell Your Classic Car 1-800-452-9910
|
![View our photos on flickr View our photos on flickr]()
Be one of the first to get email notification when the vehicle you are looking for is added to our inventory.
Signing up for the Auto Locator Service gives you the inside track to our most up to date inventory and helps you find the vehicle you are looking for.
Thank you for their active involvement in the organization.
|
![]()
Call Us to Sell Your Classic Cars. We Buy Classic Cars in any Condition.
We Buy Cars from any location in the US Link to Additional Resource
|
|
|
|
![]() |
|
|
_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/dino308gt4%40hotmail.com
Sponsored by
BooyahMedia.com
and F1 Headlines
http://www.F1Headlines.com/