CGT Prices
12-15-2013, 11:37 PM
#46
I don't think you understand how steep the inequality curve is. 1% is middle class. You're not "rich" until you're in the 0.1%.
12-16-2013, 10:03 PM
#47
The Carrera GT I believe is at bargain prices currently.
No other car can in this price range, can match its driving characteristics and its exotic construction. It's a piece of art!
The car after 10 years it still looks Cutting edge ,as if it roll off the assembly line today.
The next step up in exotic cars would have to be either that F40, F 50, Enzo's, F1.
These cars are in the million-dollar range currently, where you can now purchase a Carrera GT for $300 - $400,000, at half the price.
Now that's a bargain!
No other car can in this price range, can match its driving characteristics and its exotic construction. It's a piece of art!
The car after 10 years it still looks Cutting edge ,as if it roll off the assembly line today.
The next step up in exotic cars would have to be either that F40, F 50, Enzo's, F1.
These cars are in the million-dollar range currently, where you can now purchase a Carrera GT for $300 - $400,000, at half the price.
Now that's a bargain!
12-17-2013, 03:00 AM
#49
GT3 player par excellence
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12-17-2013, 04:25 AM
#50
That level qualifies as very rich at least. And the top 0.1% filthy rich. That inequality means the middle class is disappearing, not that the middle class is rich now. VERY different .
12-17-2013, 06:07 AM
#51
Rennlist Member
The McLaren F1? Oof, went from trading hands at ~$3.5m two to three years ago, to over $8m recently.
I've ridden enough investment bubbles to get goosebumps right now.
But yes, I agree that the CGT is an incredibly special car, and it will remain timeless.
12-17-2013, 02:02 PM
#52
The current definition of rich is being worth $5M or more. And top 1% 'middle class'? Do you know the definition of 'middle'? That level qualifies as very rich at least. And the top 0.1% filthy rich. That inequality means the middle class is disappearing, not that the middle class is rich now. VERY different .
That level qualifies as very rich at least. And the top 0.1% filthy rich. That inequality means the middle class is disappearing, not that the middle class is rich now. VERY different .It's obviously not mathematically middle but that's also obviously not the definition I mean because those guys (50%) are barely making ends meet, in fact they aren't quite.
Nobody with only $5MM in assets in the US considers themselves rich.
12-17-2013, 07:39 PM
#53
Burning Brakes
I can't imagine the Paul Walker wreck having any effect on CGT prices because most people don't even know what it is. I have a GT3 and I've had 10+ people ask me about Walker wrecking in 'my' car. Most people just hear "Porsche GT" and equate GT to any Porsche GT in the name.
12-18-2013, 03:50 AM
#54
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12-18-2013, 07:47 AM
#55
Burning Brakes
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The Carrera GT I believe is at bargain prices currently.
No other car can in this price range, can match its driving characteristics and its exotic construction. It's a piece of art!
The car after 10 years it still looks Cutting edge ,as if it roll off the assembly line today.
The next step up in exotic cars would have to be either that F40, F 50, Enzo's, F1.
These cars are in the million-dollar range currently, where you can now purchase a Carrera GT for $300 - $400,000, at half the price.
Now that's a bargain!
No other car can in this price range, can match its driving characteristics and its exotic construction. It's a piece of art!
The car after 10 years it still looks Cutting edge ,as if it roll off the assembly line today.
The next step up in exotic cars would have to be either that F40, F 50, Enzo's, F1.
These cars are in the million-dollar range currently, where you can now purchase a Carrera GT for $300 - $400,000, at half the price.
Now that's a bargain!
01-23-2014, 12:34 PM
#56
Race Car
Prices have really heated up over the last 6 months. I know of a 05 that just sold for close to $600k and there are others out there priced in the mid to high $500s.
What are others seeing and hearing?
Whats the time frame for $1M?
What are others seeing and hearing?
Whats the time frame for $1M?
01-23-2014, 03:37 PM
#58
Rennlist Member
And is why I'm sitting on the sidelines, watching.
01-23-2014, 03:52 PM
#59
Race Car
01-23-2014, 03:54 PM
#60
Rennlist Member
I'm buckling up for the burst.
Just as I have for the past couple recent investment bubbles. (No, I wasn't around for the tulip bubble. Thankfully.)
