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#41
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Don't bring up Enron or Ken Lay, this whole SOX404 crap we have to endure is because of that, that, ....... whatever
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Marlin 70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride) 69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride) 67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride) |
#42
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He was talking about real estate not crooked CEO's...there are greedy people and crooks everywhere...
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Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
#43
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AGAIN you are only looking at these cars as investments. If you are that worried, let me know what you have ...if I like it, I may take it off your hands.
This is a hobby to me and I have a blast meeting and making new friends and beating the pants off these cars. Last night my son came home from college (not sure if that is a great investment..just kidding). We took the Yenko to a cruise night and drove it like it should be. The whole way home all I saw a huge grin on his face. He said "that was blast, I can't believe how high the front end come up. It felt like the wheels were off the ground". That put a smile on my face. He followed it up with "when is it my turn". Life is about stepping up and going for it. The altenative is to be afraid and worry about everything. I know where I stand... ![]()
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Steve Shauger The Supercar Registry www.yenko.net Vintage Certification™ , Providing Recognition to Unrestored Muscle Cars. Website: www.vintagecertification.com |
#44
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[ QUOTE ]
Life is about stepping up and going for it. The altenative is to be afraid and worry about everything. I know where I stand... ![]() [/ QUOTE ] I stand right with you Steve... I absolutely love driving my car...as evidence of 600+miles put on it in the 3 or so weeks I've had it!
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Bruce Choose Life-Donate! |
#45
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__________________
Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
#46
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To quote one of the sponsors on this site who makes a living selling these cars.....
Car collectors "are not just investors", Comer says. "These are people who are enjoying the return on their investment, but enjoying the cars even more." (end of quote) .....Colin Comer from USA Today/Thursday, 5/8/05 I would align myself with Mr. Comer's thinking. The real financial risk (for those who care) in my opinion is the person who has a high % of their net worth tied up in these cars. Musclecar prices may go up or they may go down, no one has the crystal ball. Many of us may not have been "investors" when we originally purchased our car/s but when the prices go up 100% plus in the last few years all of a sudden we are labeled "investors". Hey, anytime you're dealing with $50,000 (pick your own amount) or significantly more most people have to consider the investment angle. It's the smart thing to do. |
#47
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quote: "Hey, anytime you're dealing with $50,000 (pick your own amount) or significantly more most people have to consider the investment angle. It's the smart thing to do."
man you hit the nail on the head! |
#48
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Alot of buyers (including myself and many others here) could care less what they are "worth" or will be "worth" [/ QUOTE ] LOL.. Cmon joe everybody cares what their car is worth or could be worth. If you don't care what they are worth why insure them for actual current value? also when charlie heard the car sold for $275K his reply was "cool" was he happy because the car sold or because it sold for $275k. I know which one I'd pick |
#49
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All good things come to an end. People who invest in cars and spend "stupid" money because they can, will lose money.
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67 Z28, 67 RS/SS 396 Canadian, 73 Camaro Z28/LT Carolina Blue |
#50
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BJ auctions make people think there car is worth "stupid" money [/ QUOTE ] Wasn't there discussion about muscle car prices hitting their peak...before the most recent B-J auction...and the projection that prices would be falling (that they HAD to...because they couldn't keep going up?) I personally didn't see that at all....as proven by the record sales at B-J... Heck, you can't find a decent restorable musclecar fir less than $15,000 anymore...and that's for something that needs lots of work!
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Bruce Choose Life-Donate! |
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