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What a crappy investment... (m) (archive)

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Posted by Afshin - 99 M Coupe on January 08, 2001 at 20:40:05:

In Reply to: Re: Can't go along with that posted by Z8Eldred on December 26, 2000 at 09:53:22:

So you hope to sell your $130K item in 20 years for $700K? I hope you have bigger aspirations than that!


well said. When I sell mine in say 20years, I hope it is as exclusive as the 507. I may then be able to bet say $700K for it. Long live capitalism.

It's called capitalism. An open market is just one of the many reason this country is great. I applaud the dealers that sell their product at suggested retail, but I don't wish ill will on those that choose a differant path. I find it very hypacritical that some think it's wrong for others to set their own pricing. Many of us are getting our Z8s at sticker. When we go to sell them in the future, are we supposed to sell them at "sticker" or less even if at that time there are buyers willing to pay more? Do we do this with our homes? businesses? I realize that there are always two sides to every story, but how can you say these speculators are wrong and in the same message talk about a Ferrari? Have there been many of these sold at sticker when new in the past 10 years?






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