Ferrari Mailing List: Re: Fwd: 1967 Aston Martin DB6 Vantage by Gullwing Motor Cars

[Fellippe Galletta (fellippe.galletta]

Robert,

I like to believe that the enthusiast auto market (and even just the auto market in general) is really efficient, like the stock market.

We may all have our preferences, but I usually tend to agree with prices of any car much more than I disagree. 

A handful of the extremes like this particular A.M., and some million dollar Cudas I don't fully get but it's fascinating how often the market is right than it is wrong.

Think back to late '90s, you could buy a Countach for peanuts.....a 400S for like $50k. A Testarossa was still around $70-80k, and IMO was more desirable back then.

Now I see it the other way, the CT > TR and the market for the last 8-10 years has responded accordingly (512 TR & M not included -- I prefer those over the CT on a pound for pound basis). 

The markets also accurately correct for maintenance headaches,co$ts, even fuel economy......which explains why 5 year old V12 CL & S classes can be had for a song..........why else wouldn't you buy a 2011 S600 for $35k?

FG

On Wed, Apr 1, 2015 at 3:40 PM, Robert W. Garven Jr. <robertgarven [at] earthlink.net> wrote:

and my car could not make that driveway!  HAA

On Apr 1, 2015, at 12:38 PM, Peter Rychel <dino308gt4 [at] hotmail.com> wrote:

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.net
Date: Tue, 31 Mar 2015 19:29:49 -0700
Subject: [Ferrari] Fwd: 1967 Aston Martin DB6 Vantage by Gullwing Motor Cars
CC: ferrari [at] ferrarilist.com
To: dino308gt4 [at] hotmail.com

Freinds,

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

From: Gullwing Motor Cars <sales [at] gullwingmotorcars.com>

Reply-To: sales [at] gullwingmotorcars.com

To: robertgarven [at] earthlink.net

Subject: 1967 Aston Martin DB6 Vantage by Gullwing Motor Cars

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