Re: Wanted: Gt40 replica
This was a GT40 or a Ford GT? I've subscribed to Dupont Registry for 10 years and I simply don't recall this car.
I think what most people are going to take offense to is you coming on to a site as a non owner and proceeding to make assertions about the market and collector car values being depressed. Maybe I misunderstood you. You might be better off saving a bit longer until such time you can enter the market with $100k minimum in your pocket and then be in a position to purchase in a range that you are going to find most GT40s. Setting a range between $25k-$75k is simply not realistic my friend.
You are right, that is exactly what I did just not like that way. I was astonished how low Cobras were selling for at auctions. I've bought a few, i think around 7-8 in the past, when I was a dealer and they were in the 60s for an excellent used kit. I was shocked indeed. I posted that link because this website will be here for years and years and it might help someone either buy a car or sell one. That's why the link was posted.
I don't recall there being a GT40 listed there and GT40s are not Cobras so I don't see how that would apply. I even stated the software cant search for GT40s, only replicas. It's all there, I was clear.
check it out, if you are buying a Ferrari 360, manual. you shouldnt pay more than $72k unless the car is special options.
http://www.usedcarsfsbo.com/asp/Use...ke=Ferrari&model=360&year=2000&submit1=Search see it's a great resource. It logs sales all over the internet. I think people wold appreciate that find. Not be threatened by it. After all it's just data.Make of it what you will.
On a related note: 7.12 trillion dollars vanished from our economy in 2008.
Nothing is immune to that fact. I'm sorry to bear bad news but preowned GT40s lost no more than 8%-10% or so, but that is something. Just because there is less money in circulation. Also I am just one person and 9 people from this site PM'd me in 3 days because they are thinking of or selling their GT40 not ONE of them was over $100,000 asking. There are other buyers out there, but those 9 sellers are competing for who has the best car for my budget. That's a buyers market. Denial of that isn't going to change anything. This year I bought my house for $180,00 less than paid for in 2001. I bought my Audi for $1300 under invoice. Half of them want to sell their car and build a new one.
The collector cars will return to maximum value in what I
GUESS is 5 years or so. Art and collector items are an all time high when the economy is low. I recommend buying an original or properly restored matching numbers muscle car if you can afford an extra car. We have to grow 7 trillion to be back where we were. So if you don't need cash, keep your GT40 and sell it in 5 years. I truly believe that. which is why i think it's a good purchase with mild investment return
for me. When the future cars get here, only classics will remain desirable. A replica will be worth much less, but smog exception is a green law future is appealing for long term ownership. I want to have my Gt40 in 2020. I plan on having my GT40 a long time. A 2006 Corvette Z06 will be worth $10,000 or in a landfill by 2020. So that's my reasoning. I'm not saying I know the future. Just that's where I'm putting my chips
See, I'm plain honest and direct. You don't need to lie and manipulate to buy a car, what can you hope to swindle someone out of? $500? You want to be that kind of a person for $500? The Seller knows what they have for the most part unless they are emotionally in romantic love with the car. they have the receipts and I'm sure they have friends who sell their cars.
All of this is subjective. I am not telling anyone how to think or how it is. Just me and my thoughts. Personal thoughts, not to be inflicted on anyone. I'm not giving investment advice, influence financial investment decisions or trying to persuade anyone to agree with me.
I original stated 11 ppl PM'd me, i counted double it was 9 ppl, i edited it.
