I just don't get it

[62caddy]

Originally Posted by taters

It's a nice story. I just don't see 800k with the juice. The car had the wrong manifold and a bunch of bling on the air cleaner. You would think for 800G's it would be shown bone stock. That bling on the air cleaner really turned me off.

Easily correctable enough although the alterations certainly would not help in this case.

Still, time warp survivors bring serious money due to their extreme rarity. The vast majority were crashed and burned many years ago and 99.99% of those remaining had some degree of restoration performed.

The all-original car is a reference point, a document if you will - detailing all aspects of a given vehicle's characteristics as originally built.

These are the top blue chip collectible cars which hold the greatest potential for future appreciation.

[NOLG4EVR]

Originally Posted by taters

Tell that to the guys that bought new Ferrari Testarossas back in 1989 after Enzo's death. The cars were selling for 200k over sticker. That would equate to 400k. Well it's been 25 years now and If you still had the car with let's say under 5000 miles you could get 100k today for it. That's a 300k loss after 25 years. Not much pride in that.

You are comparing apples to oranges.

They bought those Ferrari's new and unfortunately for them the model did not become a bona fide collectible, just a used car.

As Mikado said and as you named this thread, you really don't get it.

[62caddy]

As others have pointed out, the Ferrari market immediately post Enzo's death is a totally different situation than the Corvette.

That market was driven by speculation that every Ferrari was going to explode in value simply because of the founder's passing.

Situations like this abound in the collectible car hobby:

1976 Eldorado Convertible - billed as the "last" American production car convertible.

1990 Corvette ZR 1 - for being the fastest production car ever built (at the time).

The latest Thunderbird.

1989 Mercedes 560 SL roadster - which ended the style that began in 1973.

And many more...

Rarely does anything become super-valuable that people bought up to put away when the item was still new. It only the things that were used up and discarded long ago that become strong collectibles.

There is virtually no such thing as a brand new collectible. It only happens with items that nobody gave any thought about collecting (or preserving) when new.

[antipop]

Originally Posted by 62caddy

As others have pointed out, the Ferrari market immediately post Enzo's death is a totally different situation than the Corvette.

That market was driven by speculation that every Ferrari was going to explode in value simply because of the founder's passing.

Situations like this abound in the collectible car hobby:

1976 Eldorado Convertible - billed as the "last" American production car convertible.

1990 Corvette ZR 1 - for being the fastest production car ever built (at the time).

The latest Thunderbird.

1989 Mercedes 560 SL roadster - which ended the style that began in 1973.

And many more...

Rarely does anything become super-valuable that people bought up to put away when the item was still new. It only the things that were used up and discarded long ago that become strong collectibles.

There is virtually no such thing as a brand new collectible. It only happens with items that nobody gave any thought about collecting (or preserving) when new.

Buy what you love and what you desire. If it gains value it's the cherry on top.