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They really are 20k cars

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Old 02-21-2013, 09:21 PM
  #16  
Shannon123
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Originally Posted by Peter Zimmermann
An analysis that I can agree with!
While I'm not disagreeing with the $20k old P-car concept, I will remain on the side that a world-wide liquidity bubble is responsible high prices. Just look at the records set for Barrett Jackson sales over the years....most coming in 2006-2008 (housing bubble) and more in 2012-2013 (fed driven liquidity bubble) !

I'd like to quote a guy named Jim Rogers a partner of George Soros who was one of my primary investment managers while I was 'in the biz'

"I love it when nobody agrees with me, it gives me further assurance that I'm thinking right"
Old 02-21-2013, 10:17 PM
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Reiver
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ok, back to the original deal....after talking to some professional folks, thru email and voice coms(thanks to all)...I'm going to pull the trigger on the 930-10.
Too good a deal, I trust the rebuilder now owner Howard Freeman...has a following over on the P site and we've had some very good lengthy conversations.
No way I could replicate this for the money and trade my motor in on top of it.
Back to a 20k car.
Old 02-22-2013, 11:03 AM
  #18  
Peter Zimmermann
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Originally Posted by Shannon123
While I'm not disagreeing with the $20k old P-car concept, I will remain on the side that a world-wide liquidity bubble is responsible high prices. Just look at the records set for Barrett Jackson sales over the years....most coming in 2006-2008 (housing bubble) and more in 2012-2013 (fed driven liquidity bubble) !

I'd like to quote a guy named Jim Rogers a partner of George Soros who was one of my primary investment managers while I was 'in the biz'

"I love it when nobody agrees with me, it gives me further assurance that I'm thinking right"
I'm a long time Sports Car Market magazine reader, and am constantly stunned by the auction sale numbers they post monthly, P-cars included. It truly shows just how much money is currently on the sidelines looking for a relatively safe harbor, or to simply use to satisfy a desire/dream.

"I love it when nobody agrees with me, it gives me further assurance that I'm thinking right." -



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