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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (11180)	4/19/2021 6:02:48 PM
From: John Koligman	Respond to of 26705

I agree with you in terms of desirable and collectible models, especially if they have an increasingly rare manual transmission. It can get extreme, for example a 1967 big block Corvette can easily sell for 125k. On the other hand if you are lucky enough to own an 'L88' 1967 Corvette, I have seen them sell for 3.5 million! That said, for more common and pedestrian models, especially when the warranty ends, it's a different story. I was interested in SL's some time back, it's almost not worth buying a new one as I have seen 120k 550's sell for half that a couple years later with less than 10k miles on them. I've seen 200k Bentleys go for 20k. I think part of it is what Kirk said, you can get an older complex German car for a good price, but wait till you have to start going to the dealer <ng>. John