barrett jackson ruining car prices
Burning Brakes
Joined: Oct 2005
Posts: 866
Likes: 4
From: Iowa
I look at Barrett-Jackson, the same as WWE wrestling - entertainment They have a lot nice looking cars, watching the floor people work the bidders is an art and as said before - a lot of money is spent to satisfy one's interest.
Melting Slicks
Joined: Feb 2006
Posts: 3,428
Likes: 5
From: Japan
Inflation
There is something else to consider here. It's not just cars on B-J's auction that are skyrocketing, it's DAMN NEAR EVERYTHING. I bought a crackerbox house in San Diego in 1992 and sold it in 2003 for literally three times what I paid for it. Oil that cost $10 American per barrel 10 years ago is $75 now. Our Federal Reserve has turbocharged its printing presses in a (futile) effort to keep currency in American consumers' hands but the problem is that as soon as they get their hands on it they run down to Wal-Mart or the Toyota dealer and the money flies out of the country (anybody seen the trade deficit with China lately?).I don't know how any of y'all feel about this but few things gall me as much as a Hyundai driven by one of these Plastic Patriots proudly displaying an American flag in the rear window with some dorky slogan like 'Power of Pride' underneath it. And if you haven't yet gotten into the real estate market you're probably screwed because American DIRT is now worth a lot more than American MONEY. It's not that these old musclecars have suddenly leapt in value exponentially, it's that American money is only worth a fraction of what it was 10 years ago.
Last edited by birdsmith; May 11, 2006 at 07:01 PM.
Melting Slicks
Joined: Jun 2000
Posts: 3,431
Likes: 298
From: MN-C3, AZ-C7
Birdsmith made my point!
Wait another ten years and todays basic "clunker" prices will look dirt cheap and the current $250M average house will be selling for $500m.
Buy now or cry a bigger river tomorrow!
JU
Wait another ten years and todays basic "clunker" prices will look dirt cheap and the current $250M average house will be selling for $500m.
Buy now or cry a bigger river tomorrow!
JU
Pro
Joined: Apr 2006
Posts: 604
Likes: 1
From: Flagstaff !!!! baby AZ
Bullseye Birdsmith. Our current regime owes BILIIONS of dollars to a Communist Country. Kenedy and Eisenhour are both puking in thier graves.
All I do now is look for cheap digs & dirt. And I agree, if ya aint got a house by now, the only place left is Wyoming... Or Kingman AZ..
All I do now is look for cheap digs & dirt. And I agree, if ya aint got a house by now, the only place left is Wyoming... Or Kingman AZ..
