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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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No takers. |
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70 and 80's Mercedes, including the SLs will have a difficult time in the marketplace due to volume. Limited editions and low production pieces, like the Silver Arrows (particularly the V12) may stand a chance if pristine and low mileage.
The real problem with finding and buying a low mileage collectable . . . you really can't drive it. It's like those "NIB" Star Trek toys. |
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For sale: Relics and antiques
French army rifle. Never fired. Dropped only once.
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62 220sb 67 250S 72 280SE 4.5 74 280C 77 300D 82 240D 85 190E 2.3 86 300E RIP 12/28/09 85 300SD 92 300D 2.5 00 E320 Current Over 1,000,000 miles in Benzes, Since66 ....and a whole passel of BMW 2002 and Tii |
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In the new Octane magazine they were allowed to drive it. His arm resting on the sill swirled the dust around and someone commented on it.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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Low production American cars go for a lot of money. Mustangs and Corvettes unless they are a super special model like a Shelby are a dime a dozen and worthless. I saw a GNX just like this with plastic on the seats and a thick layer of dust on it when I was a kid, I wonder what happened to it. At the time it was a 12 year old interesting Buick, worth what maybe $15K? Maybe. Normal stuff is never very valuable, they simply made to many. Even a $100k C7 Corvette today will be $10k in a decade or less, unlike Ferrari GM doesn't limit production. Enzo Ferrari always made less cars than the market could absorb, if the market was 500 he built 499.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
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One day he was meeting his ex significant other to pick up his daughter at a small church in the middle of nowhere and a constable came up and thought he must be a terrorist or something and detained him until he was convinced that he was just an eccentric Architect. AFIK he still has the car. He always kept it immaculate and always had a beater to drive daily so I doubt it has very many miles on it.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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I see the auction house says the price for that cherry GNX with only 362 miles is $165K. Sounds like a ton of money and it made me wonder if the original owner made out on his investment from 1987.
Looks like the original list price was about $29,000. Before closing the book on this generation of Regal, Buick’s Chief Engineer, Dave Sharp, approached ASC/McLaren about building the ultimate GN. McLaren agreed and the heart of the car, named the GNX, became the 276-hp, blueprinted turbo V-6. The Garrett intercooled turbo was governed by a new chip and a sequential fuel injection system was built. The chassis was significantly tweaked and the whole package added $10,995 to the base Grand National for a total of $29,900. https://www.hagerty.com/price-guide/1987-Buick-Regal I found a calculator that told me (I think) what $29,000 invested in 1987 with an average rate of return of 7% over time would be. The answer is nearly $193K. Future Value Calculator: What will my investment be worth in the future? So if the owner had bought stock instead of sinking $29K into the car and sitting on it, he would have more money today. Probably a lot more if you include the costs of owning that car for 28 years (insurance, storage, upkeep).
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Behind every great man is a great woman. Behind every great woman is a great behind. |
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Yeah but you can't drive stock or make out with a lovely lady in it.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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But he kept the plastic on the seats so maybe he took advantage of it regularly for your second purpose.
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Behind every great man is a great woman. Behind every great woman is a great behind. |
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Cars are not investments.
$29k in the 80's could easily be $300k+ in my area if you bought a rental house and had the tenants pay off the mortgage over the last 30 years.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#29
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Cars are not Usually investments.
The old Ferrari I had worked out better than any of my real estate investments, and would have beaten most stock too for the same time period.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC] ..I also have a 427 Cobra replica with an aluminum chassis. |
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So, what were your Ferrari buy/sell numbers, for the above timeline? |
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