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Still, I would guess that Corvette was about $55K when new and he sold it for $45K 14 years later. NOT a good investment on the sellers side. At the same time, NOT a good price for the buyer either.
Still, I would guess that Corvette was about $55K when new and he sold it for $45K 14 years later. NOT a good investment on the sellers side. At the same time, NOT a good price for the buyer either.
I would wager that the guy that bought it doesn't really care about the investment. He just wants a perfect Z06 for his collection. He got one.
Don't forget the 20% or whatever it is for the buyers premium so tack that onto the total. End of the day he bought a brand new car regardless of the year. It'll be put in a garage and looked at twice a year.
Not really. Some guys will spend that much on an diamond ring or a Rolex. Wouldn't you rather have a Z06 with 4 miles on it?
Nope, I'd rather have a Z06 that was driven and had 40,000 miles on it. At 4 miles, it truly is only a museum piece not to be used, unlike the Rolex and diamond ring you referenced. Why buy something I can't enjoy and use as intended when spending my hard earned money?
Or looking at it a different way, I'd rather pay a more realistic price for a Z06 and have enough left over to still get the wife a nice diamond ring too.
Last edited by imgn tht; Jan 21, 2018 at 07:14 PM.
Nope, I'd rather have a Z06 that was driven and had 40,000 miles on it. At 4 miles, it truly is only a museum piece not to be used, unlike the Rolex and diamond ring you referenced. Why buy something I can't enjoy and use as intended when spending my hard earned money?
Or looking at it a different way, I'd rather pay a more realistic price for a Z06 and have enough left over to still get the wife a nice diamond ring too.
If money was not a factor I would rather have the Z06 with 4 miles on it. I would much rather look at that than a diamond ring or watch.
Barrett Jackson is an amazing auction. I think I would have be really hard pressed to buy a car there. I think they are really over priced. But if the Buyer is happy, I am happy!