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Old 07-03-2007, 05:32 AM
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rich p rich p is offline
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Default Re: Lots of super car steel on ebay........

Pedigree will still demand BIG Money !! I always said that the clones then the NON original cars and NO paperwork are going to fall first !`

Just my 25 cents ! Its No longer 2 cents Sorry ! inflation
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Old 07-03-2007, 06:01 AM
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Default Re: Lots of super car steel on ebay........


I agree with what's said above. I currently have 2 pretty rare muscle(sports) cars. Factory paperwork and original drivetrain are most important, for maximum dollars.
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Old 07-03-2007, 04:04 PM
PPPJJJFFF PPPJJJFFF is offline
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Default Re: Lots of super car steel on ebay........

Interesting topic. Alot of smoke and mirrors both on Ebay and with private sales.

Patrick
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Old 07-03-2007, 10:24 PM
1969z280 1969z280 is offline
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Default Re: Lots of super car steel on ebay........

A couple of years ago, you could buy a car and sell it a week later for a profit. I believe those days are gone along with the attitude that every red Camaro was a gold mine. If you purchased a documented, original drivetrain muscle car three years or longer ago and look at it's average sale price today you would probably be quite pleased with your investment even if prices are down (which I don't believe they are on documented cars). However, the days of 10% increase in value per month are gone, even if it is a Shelby.

Examples:
5 years ago, I bought a 1970 Z/28 RS Mulsanne Blue on Bright Blue with 58,000 original miles and the protecto-plate for $18,000 at the Auburn car corral. Original drivetrain and the exhaust manifolds and A.I.R. in the trunk. Everyone told me that I over paid.

3 years ago, I bought a 1970 Trans Am Ram Air III 4-Speed with original paint, original drivetrain and 38,000 original miles at the Mecum Fall Auction for $25,000 on the block.

3 years ago, I bought a 1969 X77 Z/28 with it's original drivetrain on ebay for $27,000. The paint needs to be redone but the car is a Blue Plate California car and the floor pans are near perfect.

Everyone I knew was looking at me sideways when I purchased these cars and a number of others (twenty as of today). I think these three cars are easily worth twice what I paid for them. Even at a reduced price (if that's really happening to documented cars), all of these cars are rock solid from an investment standpoint and terrific from a car guy standpoint.

You can't assess the market based on a car that brought all of the money at Barrret Jackson in January and didn't sell at Mecum in May. Or on the low bid basis of a car offered on ebay that didn't meet it's reserve.

Cars are worth exactly what a buyer is willing to pay and a seller is willing to sell for. If you look at actual sales results like Mecum or attend one of their auctions, you'll see that quality documented cars are going for more than ever.

Just my $.02 Ed
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