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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