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Correlation Between Classic Car Prices and Financial Markets

281 messages, Last post on Oct 09, 2009 at 9:01 AM
You are in the Classic Cars Forum. Your Host is mr_shiftright
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Replying to: hpmctorque (Oct 07, 2009 4:52 pm) RE: American spec cars in Europe -- they "haf their vays" of converting things to their liking, quickly and efficiently. Most well to do Europeans seem to me to be pretty facile with metric conversion to American standards and vice-versa anyway. Many speak more than one language, too. Of course the Brits have a whole other problem with RHD/LHD, so they like to shop our RHD cars---all the quirky British stuff like Alvis, Humber, old Bentley saloons, Triumph Heralds, Stags, Vitesses, etc.---all that seems to be finding a market more in the UK than here. But they know how to swap LHD to RHD for many popular makes like Jaguar, Rolls, etc. and they can deal with rust as easily as we deal with a brake job. The same British cars we wouldn't sniff at over here are often restored in the UK, much to our (my?) amazement. But then, when you live on an island where most old cars are converted readily into iron oxide, one's concept of what is worth saving, changes. Scandanavians are into American Muscle of all things. They go nuts for them, if they are nice and if they are "iconic" and easily recognizable. Everybody knows what a Mustang and a Corvette is. A Buick GS, not so sure that such a car goes over big in Norway.
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Replying to: Mr_Shiftright (Oct 07, 2009 6:12 pm)
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Replying to: fintail (Oct 07, 2009 7:04 pm)
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Replying to: Mr_Shiftright (Oct 07, 2009 7:08 pm) The last Dutch used car periodical I had was full of surprising things - big old 70s GM sedans, Chrysler Cordobas, whale Thunderbirds, 70s wagons. |
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Replying to: hpmctorque (Oct 07, 2009 4:52 pm) There's an old but still interesting article online about the Ferrari market roller coaster ride back in the 80's. "When Japan Ruled the World" Here's a GTO that sold to Japan for $13.3 million plus commission in 1989. Five years later it sold to an American for $3.5 million:
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Replying to: omarman (Oct 08, 2009 12:38 am) Even at those rarified heights---it's still the supply and demand formula setting the price. |
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Replying to: parm (Oct 07, 2009 5:30 pm) Yeah, it was in very nice condition. It was dark metallic green. Hard to tell the exact color as it was under the pavilion in the shade, but I'd say it was a bit more "forest", as opposed to "olive". I think I took a picture of it. I'll let you know when I get the pics off the camera and post them. I've been really lazy about that this year. I think all this improved technology helps breed laziness. I remember not that long ago, the camera I used could only hold something like 150-200 pictures on one memory card, so I had to clear it off occasionally to make room for more. Well, the camera I use now holds over 1000, depending on the resolution. So, there's not as much hurry to clear 'em off.
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Replying to: andre1969 (Oct 08, 2009 8:24 am) |
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Replying to: andre1969 (Oct 08, 2009 8:24 am)
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Replying to: parm (Oct 09, 2009 8:59 am) Well we were only there for the day on Saturday, but it was still there that evening when we left. I have a feeling that it didn't sell. I'm going back up there for Hershey tomorrow, so who knows...maybe it'll be there? |
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