abandoned supercars

TWFAUST at aol.com TWFAUST at aol.com
Mon Apr 5 14:16:34 PDT 2010


A couple of observations, many of those pictures seem to be out of the USA. 
 Although I am surprised by the number of Gull Wings which have always 
retained  their value (I did have a friend who bought one for $3500 in the 60's) 
most of  these cars such as the Jaguars have fallen to very low values at 
some period of  time. They were probably put aside and got worse. Many of 
them seemed to be kit  cars, which explains itself.  Many like the RR's and 
Bentleys are very  costly to maintain, when their value fell below the cost of 
repair, they were  probably put aside. I can point anyone interested to 
several bone yard RR &  Bentleys that look better than the ones pictured. My 
local  "Donation"  lot recently had a RR which was a "runner" and didn't look  
that bad for $3700. The Ferraris, E-types and Porsches have the same  
problem, high repair and maintenance with low values at some point. Another  
friend bought a Ferrari for $6,000 30 years or so ago. 330GT 2+2, IIRC.
 
Tom Faust


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