Its time to buy TTA's
Originally posted by trophystock
....Now is definitly the time to buy and not sell.
I think Trophystock is right in his conclusion. A multiplicity of factors influence what a rare car like ours will bring on the market. Did anybody watch the Jackson Perkins auction? Bugati's and Duesenbergs in particular were down by the hundreds of thousands this year. Its not just our cars
Sales of rare and classic cars must be a "lagging" indicator of the economy. A year after the economy recovers sufficiently, the price of our cars will rebound some.
Don't forget that our economy tanked in April 2000 (I lost $10k one day in the stock market that Spring), if that wasn't enough, Sept 11th....Typical Americans have been thinking about "other" things besides discressionary spending. Remember how Americans have stayed home in droves....How they have spent money on their homes instead of travel for the past three years....how overall spending has been down the last three Christmas seasons....Not surprising: Sales of our cars is off too.
The public, and car enthusiasts, will "discover" our cars some day and they will sell like Star Wars gear
GN owners and enthusiasts will discover a white car that doesn't run hot, has good brakes from the factory, has a great suspension without a lot of changes, has a full set of reliable gauges, Flows more air very well in stock form, already has GNX sized wheels (and GNX et's), along with a hundred other cool things Pontiac learned from the already awesome Buicksssssss....When that happens, these cars will all sell in one afternoon
If I had the long term storage space, I'd be filling it up with my current TTA (which excells at
all the the items listed above by RAZOR) and get one of these nice 30-60k cars for fun now
My very rich father-in-law, with an eighth grade education, said this: Buy when they want to sell....And, sell when they want to buy....Get it?
Don't sell now
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