I agree; people who spend big bucks on cars for investment potential are doing the hobby a disservice on many fronts. The most obvious one is the fact that they are driving prices into the stratosphere, and eventually water wil seek it's own level.
Chris Middlebrook
1962 Custom Southampton
--- On Mon 02/12, Christian Walter < cdubya2000@xxxxxxxxx > wrote:
From: Christian Walter [mailto: cdubya2000@xxxxxxxxx]
To: mailing-list@xxxxxxxxxxxxxxxx
Date: Sun, 11 Feb 2007 21:59:44 -0800 (PST)
Subject: Re: IML: Fuselage cars (and coupes) under valued?
Exactly!
Nice point Kenyon---Let's drive these cars like they
were designed to do and stop worrying about any kind
of
"investment". Hell, if I wanted an investment, I
would have bought Trojan back in '69!
CW
--- Kenyon Wills wrote:
>
> --- john sadowski wrote:
>
> No matter how nice, nobody seems
> > to want to pay much for the 69-73's.
> > This is much like Lincolns of the late 60's.
>
>
>
> And that's the BEST part of all of this!
>
> 69-73 (some would say through 75) represent the most
> depressed of prices and yet the most highly refined
> of
> the full-size car engineering & execution. New
> shocks
> and a front end rebuild and you'll swear that you're
> driving a car that's 30% smaller!
>
> If folks here cared that much what others thought,
> well, Imperial isn't the first stop on the
> popularity
> parade.
>
> Aside from the seller of the white car, who
cares if
> these cars aren't fetching top dollar. Unless you
> bought a 427 Cobra used in 1972 and put in storage,
> the fact that they're $500,000+ now just means that
> you'll not likely be owning one soon, and driving it
> would be a tremendous risk.
>
> Cars as "investments" is crazy talk. They really
> shouldn't be financial instruments, and I'm happy
> just
> not losing money on them, as you do with new cars
> that
> have depreciation schedules. That white one should
> make someone really happy, and represents a bargain
> for someone that wants to USE their car.
>
>
>
> Anyway, I bought a 72 coupe, and the sheetmetal
> between the back edge of the door and the rear
> bumper
> is absolutely incredible. Take a look at the
> brochures from that time, and I think that you'll
> agree that if nothing else, it's pretty unique and
a
> nice design element from the standpoint of such a
> large surface area that you'll never likely see on
> another car again.
>
> Checked the production figures for coupes on the
> club
> website? Mine's one of 2000 or so. Although I've
> never seen another Fuselage Imp on the roads here in
> the Bay Area, I'm feeling even more confident that
> I'm
> one of only a few on the planet with one of these
> cars, AND I got it for fifteen hundred bucks!
>
>
> Almost as nice as having a car that everyone else
> agrees is rare without the headaches of insuring a
> half-million dollar car.
>
>
> Kenyon Wills
>
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>
>
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