Ha! Tell that to the guy who paid over a million for a Ferrari Daytona in the late 80's... the car is a $200k car today. remember when the Japanese investors were buying all the best Ferrari's at any price? History repeats itself. These prices are not sustainable.
If your retirement depends on the car in your garage.... sell into the frenzy!! If you are a multimillionaire and it is just wonderful that your Yenko is worth over $200k sit and watch.
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Respectfully have to disagree.I also remember when 365 coupes were 40k,two years later the were 200k(circa 1981)Obviously the Japanese contributed greatly to an inflated market(but they also bought the hell out of U.S. real estate in the late eighties and look what happened five years later..)but clearly they were cash fat and did not do their homework.
You can make the argument that these valuations are not sustainable-If I had a nickle for every post I've read on what someone sold a COPO or Yenko for five,ten,twenty years ago I could own one.We all have had one(or five) that we wish we never had let go for that rediculous price back when..to think they are going back to those valuations is optimistic at best.People want the cars that bring back fond memories of times past,but indeed it is the millionaires that they are changing hands to and financially solvent folks don't have to depend on retirement from a car-hard cuts soft,everytime.