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Number: 4388
From: "Sandy Block"
Date: Mon Jan 26, 2004  10:19 am
Subject: Re: keep or sell?

Body:
Re: keep or sell?

Low mileage really nice ones are selling for 32% less than they cost
brand new. I think that they will stay about there for quiet a
while. But that ain't bad!!! Take 32% of the price of a mid series
Mercedes or BMW of ANY year since 1984 and it's selling for alot
less!! A 2000 BMW that sold for $55,000, would it bring $37,000
today? Hardly! Now, what 1987 car is bringing 32% less today than
the owner paid for it brand new??? NONE!
Will it ever go UP in value ? Probably, but it's too soon.

S A N D Y

--- In ascmclaren@yahoogroups.com, "dinennosr" <dinennosr@a...> wrote:
> I have a 87 McLaren Mustang sitting in my garage with 20k miles
(I
> bought it new for about 23k. The question I have is will it ever be
> worth a lot of money in the future. I hate to be a doubter but it
> seems to me cars that increase in value are the ones that havemotor
> and suspention mods not just cosmetic changes like my McLaren has.I
> love the car and had a lot of fun with it but I don't want to hold
on
> to it for nothing if it will continue to depreciate. Any feedback
> would be welcomed. Steve