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Number: 4395
From: "Sandy Block"
Date: Mon Jan 26, 2004  4:37 pm
Subject: [ASC McLaren ] Re: keep or sell?

Body:
[ASC McLaren ] Re: keep or sell?

Between $23,000 and $24,300.00 New.S A N D Y
-- In ascmclaren@yahoogroups.com, "Dick & Terrie" <rjohnson67@s...>
wrote:
> As a matter of fact: What did the McL Mustangs sell for; i.e. base
plus options?
>
> With regard to resale, the Auction $s are instructive in that
unless a 20 to 40 year old car is a real cherry (or a rarity) it
would be difficult to get the initial cost recovered. Then too, one
would need to consider the time value of the money, plus insurance,
upkeep.....?
>
> For my 2 cents, buying a car new should be just because you either
need a lot of transportation or your ego needs it. The only way to
get the value out of a car is just drive it to death - as soon as
possible. Then, if you have to have (NEED!) the same car after 10 or
20 years, just find the guy that was keeping his "cherry" and buy it
from him! Besides, how can you tell in advance what is going to
be "wanted" in the future, or what technology is going to bring to
the fore. Consider, the early Mustangs would go like scalded rats; by
the mid to late 70's you had to tow a mustang a quarter of a mile.
Look as the rascals in the last few years - toooo bad if you saved
a 'stang II?
>
> Now - OTOH - if your car needs you (as MCLs do) take care of it and
do not worry about its worth to others; just what it is worth to you.
OK?
>
> Seriously, I came real close to buying one of the "last" 1975 Chevy
Caprice convertibles. The thinking being that there were not going to
be any more Convertibles, and surely it would aappreciate in value.
Guess what?
>
> I am glad that someone took really good care of my '88 McL for me
until last April - when I bought it. Now, I suppose that ultimately,
I am caring for it for the next guy (I hope).
>
> Vrooom, Vrooom!
>
>
>
> ----- Original Message -----
> From: Sandy Block
> To: ascmclaren@yahoogroups.com
> Sent: Monday, January 26, 2004 10:19 AM
> Subject: [ASC McLaren ] 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
>
>
>
> >
>
>
>
>
> --------------------------------------------------------------------
----------
Groups Links
>
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>
> b.. >
>
> c..


  Replies Name/Email Yahoo! ID Date  
4412 Re: keep or sell? ecstacycustomz ecstacycustomz Wed  1/28/2004