Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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Two words:
Supply Demand The End |
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#2
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[ QUOTE ]
Two words: Supply Demand The End [/ QUOTE ] Umm, supply and demand isn't part of the program up to the north, is it? ![]()
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Tom <font color="#00FF00">1970 Z/28</font> |
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#3
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We even got screwed on the Free Trade deal with the US on cars. If your bringing a car from the US to Can, don't lie about the purchase price. They'll ask you twice and each time you lie an additional percentage gets added. One guy I heard bought a hemi car and ended paying an additional 40% on top of his purchase price. The border called the seller for the price he paid. The car was mint.
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1970 Norwood Z28 M22, 3.73, Z21, Z87, TR 725 |
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#4
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Wow...can they do that ?
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Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
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#5
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Wow...can they do that ? [/ QUOTE ] Eh, why not, its just another third world country taking advantage of its poor ole peasants ![]()
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SamLBInj 69 Z/28 X33D80 72-B H-D 105 FLSTC |
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#6
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Wow...can they do that ? [/ QUOTE ] Tell ya what. You try it and let us know how you make out. Since you live in the States, tell them your delivering a car to Can to someone. I bet we see a going the the other way.
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1970 Norwood Z28 M22, 3.73, Z21, Z87, TR 725 |
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#7
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More like no supply,and high demand.Correct cars are like prime homes in desireable areas..while there may be a slight correction looming,those who are calling for a bursting bubble in either market might be holding their breath.
JMHO |
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#8
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while there may be a slight correction looming,those who are calling for a bursting bubble in either market might be holding their breath. JMHO [/ QUOTE ] 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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Bill O'Brien 1974 Jeep CJ5 - 304 V8, Edelbrock Intake, Holley 650, MSD Ignition, Patriot Headers |
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#9
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[ QUOTE ]
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. [/ QUOTE ] Very sound advice! |
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#10
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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. [/ QUOTE ] 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. |