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Old 03-01-2017, 09:10 PM
  #16  
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Originally Posted by TRAKCAR
Dow 21,000

$1000 is the new $100.
You just gave me heart burn.
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Old 03-01-2017, 10:13 PM
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You just have to time things or be prepared to ride out to next high.
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Old 03-01-2017, 10:20 PM
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Imagine a time when the R's and RS's are 3 deep available at CPO for 50% of MSRP.

OK, maybe not so much those but I'm excited about the glut of ballered up 600HP+ cars coming off lease in a couple years..

Did great on the '05 CL65 I bought in '08 with 3 years of CPO left...
For now, I will suffer through it all with the CPO E63
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Old 03-01-2017, 10:35 PM
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Good times. You can get a nice used Hellcat now for $50K.

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Old 03-01-2017, 10:46 PM
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Originally Posted by TRAKCAR View Post
Imagine a time when the R's and RS's are 3 deep available at CPO for 50% of MSRP.

OK, maybe not so much those but I'm excited about the glut of ballered up 600HP+ cars coming off lease in a couple years..

Did great on the '05 CL65 I bought in '08 with 3 years of CPO left...
For now, I will suffer through it all with the CPO E63
$220k sticker CL65's for $110k with hundreds of miles was nice
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Old 03-01-2017, 10:48 PM
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^^ Mine had 22K miles and was $51K lol. Sold 3 years later with 58K miles for $41K.
But yes, I mean all these $200K+ cars now will need a home again..
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Old 03-01-2017, 10:54 PM
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Originally Posted by TRAKCAR
^^ Mine had 22K miles and was $51K lol. Sold 3 years later with 58K miles for $41K.
But yes, I mean all these $200K+ cars now will need a home again..
Can't wait to pick up a panamera wagon turbo hybrid for $60k in a couple of years.
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Old 03-01-2017, 11:00 PM
  #23  
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I dream again of a day of sub 100k RS'.
Pop baby pop. I'm not retiring for a few years.
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Old 03-01-2017, 11:12 PM
  #24  
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Originally Posted by grendel88 View Post
Bubbles and busts are part of the cycle, they are just faster now because we have to keep coming up with ways to run the machine of the consumer economy.
We'll have to agree to disagree on that one. The drivers of this asset bubble are very different than the last two, and much, much more difficult to assess. This bubble has nothing to do with irrational exuberance or poor risk assessment, and everything to do with Central Bank manipulation. This bubble isn't being driven by consumer demand at all. That's the effect, not the cause, of this bubble.
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Old 03-01-2017, 11:28 PM
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I'll be the contrarian here- there are lots of factors at work here- demographics, deregulation, rising interest rates, cheap money, etc. All of those are converging to drive the market. I think, this is just the start of a bull market, there will be more ups than downs and over the next five years I think all asset classes will be significantly higher in value, including our new GT Porsches.

Now, don't ask me what the value of $1 will be five years from now!
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Old 03-01-2017, 11:30 PM
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Originally Posted by Spyerx View Post
I dream again of a day of sub 100k RS'.
Pop baby pop. I'm not retiring for a few years.
I'm guessing this will also happen.
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Old 03-01-2017, 11:31 PM
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Montanya, 0.10c
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Old 03-02-2017, 12:47 AM
  #28  
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There is tons of cash sitting on the sidelines. Some of that cash is being put to use since the election. If you own the Dow 30 smile, if you don't go cry. All that cash though is the central banks printing presses going overtime. Hoe long can this go?
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Old 03-02-2017, 01:05 AM
  #29  
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Originally Posted by CHADW
$220k sticker CL65's for $110k with hundreds of miles was nice
Nothing, but nothing depreciates faster than a 2 door coupe mercedes with a v12.. it's been happening since the 500SEC from the 80's.. amazing that anyone still falls for buying a new one
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Old 03-02-2017, 01:33 AM
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Maybach
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