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Conference terri::cars_uk

Title:	Cars in the UK
Notice:	Please read new conference charter 1.70
Moderator:	COMICS::SHELLEYELD

Created:	Sun Mar 06 1994
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	2584
Total number of notes:	63384

695.0. "Cashing in on limited availability" by SIEVAX::WATSON (When the going gets weird...) Tue Jul 25 1989 19:00

    I recently read of a Ferrari F40 going for auction in Japan. Evidently,
    Ferrari tried to stop it but the car fetched �600,000+. Also, having
    spent some time on Sunday looking at a BMW Z1, I see that they are going
    for about �45,000 - �50,000 after a supposed list price of �28,000.

    What do people think of this ? I understand the supply and demand ideas,
    but surely this is just buying a commodity ? Are Ferrari right in trying
    to stop this ? Did Porsche REALLY blacklist people who 'sold on' their 
    959s ? What do you think about the silly money paid for cars like the
    Ferrari 328, which were going for �180,000 after a list price of �47,000 ?

T.R	Title	User	Personal Name	Date	Lines
695.14	On the way down?	VANILA::LINCOLN	The sun has got his hat on	`Tue Apr 24 1990 13:27`	12
	An auction held at Easter saw many cars failing to reach reserves. The best price achieved was for a V12 E-type at �49,500 against an estimate of �60-65,000. About � the cars didn't sell at all apparently. Last weeks Sunday Times had an article on all the 200mph supercars that you can/could/will be able to buy. There are so many that you have to wonder whether the market isn't going to become saturated - how many super rich are there about?. I for one think it'll collapse quite badly. -John
695.15	downcurve ?	NCEIS1::CHEVAUX	Patrick Chevaux, Nice, 828-6995	`Wed Apr 25 1990 10:18`	6
	I've been following the price curve. It is definitely confirmed that the uncontrolled explosion is behind us. The "high volume" cars have been coming down, almost back to normal (E-type, 308/328 GTB, ...) The real exceptional cars are still going up in price.
695.16	Dreaming .....	TPLAB::KENNEDY_C	The same old clich�	`Wed Apr 25 1990 11:23`	4
	Re.-1 Great! 911 Turbo here I come .....
695.17		NCEIS1::CHEVAUX	Patrick Chevaux, Nice, 828-6995	`Wed Apr 25 1990 16:10`	9
	911 turbo ? No, Colin ! The one you want is spelled Carrera RS (1500 examples made in 1973) I'm afraid the price went up (and still growing) pretty high. If you have additional funds you can take the 2.7 Carrera engine and make it a 2.8 RSR (300bhp @8000rpm). :-) :-) :-)