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Post by featherduster on Jan 11, 2020 8:53:17 GMT -5
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Post by Woody Williams on Jan 11, 2020 9:10:53 GMT -5
I was outbid again.. 😩
Crazy money for a car...
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Post by greghopper on Jan 11, 2020 9:22:59 GMT -5
You think the new owner will restore it or leave as is? The last owner had it 45 years and only freshen the motor! I watched the live stream yesterday....cool sale for sure! |
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Post by Woody Williams on Jan 11, 2020 9:35:44 GMT -5
Leave it as is - that’s what I’d do. I think restoring it would lose value..
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Post by jjas on Jan 11, 2020 9:43:47 GMT -5
The guy that owned it received it from his father after he passed away. The father paid $3,500 for it.
I'd say getting $3.4 million on a $3,500 investment isn't too bad...
I do have to wonder if that car can continue to appreciate, or will the person who purchased it lose his a$$?
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Post by greghopper on Jan 11, 2020 10:17:39 GMT -5
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Post by esshup on Jan 11, 2020 13:04:56 GMT -5
The guy that owned it received it from his father after he passed away. The father paid $3,500 for it. I'd say getting $3.4 million on a $3,500 investment isn't too bad... I do have to wonder if that car can continue to appreciate, or will the person who purchased it lose his a$$? It will all depend on the economy and more importantly the stock market. If the market is doing well it will appreciate. Like all things collectable, it will have it's ups and downs. I sold a pair of wooden decoys in late 2008/early 2009. The guy needed $$ in 2010 and put them up for auction again. They sold for approximately 40% less. ONE decoy from the pair sold this year at approximately 90% of what the pair brought in 2010. |
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Post by featherduster on Jan 11, 2020 14:40:55 GMT -5
My guess is it will end up in some kind of auto related museum for a period of time (maybe the Ford Museum)then disappear into someones private collection.
There is no need to restore this car when there are numerous updated wantabe Bullitts.
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Post by featherduster on Jan 11, 2020 14:56:00 GMT -5
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Post by M4Madness on Jan 11, 2020 15:45:40 GMT -5
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Post by boman on Jan 12, 2020 20:25:41 GMT -5
The guy that owned it received it from his father after he passed away. The father paid $3,500 for it. I'd say getting $3.4 million on a $3,500 investment isn't too bad... I do have to wonder if that car can continue to appreciate, or will the person who purchased it lose his a$$? Its been my experience that someone(the buyer) with that kind of money won't care if it appreciates or not. Steve |
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Post by jbird on Jan 13, 2020 11:43:46 GMT -5
two people wanted it REALLY bad! And people with that kind of money to throw around....are not like most of us. Gain or loose value...doesn't really matter when you have nearly 4 million in disposable cash sitting around!!!
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Post by 36fan on Jan 14, 2020 20:48:29 GMT -5
I'll take two!
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