How low can they go ?? Mecum Auction
One thing is clear after watching the first 4 hours of the Mecum Corvette Auction from St. Charles, Ill., not just ZR-1's are suffering from the economy. Many quality vettes went over the block well below reserves and some that were unprotected were givaways. 60', 70's, 80's, 90's and 2000 + year models all took their lumps in open bidding. The depressed prices have finally hit all collector cars save a handful of one-of-a-kinds and historical cars. I feel a little better knowing ZR-1's are not the only Corvettes feeling the heat. Of course, how can you really feel better watching your car lose value if you are an owner and not a buyer ? :icon_scra
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Re: How low can they go ?? Mecum Auction
Every kind of investment is on a low right now. We should be used to that by now. Guess it part of the "change" package.
On a more positive note ....ride it out. Then again: Unfortunately most of us probably won't be around for the next car investment explosion. An ol' note...If you want to double your money ? Fold it over and put it back in your pocket. Simple phrase...Car's are a bad investment. On the other hand we can save these cars for the next owner . They will appreciate it............. NAA ! FUCUM. Enjoy these cars folks. they are fantastic car's. :p "Drive 'em like you stole em is a good attitude :thumbsup: |
Re: How low can they go ?? Mecum Auction
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Re: How low can they go ?? Mecum Auction
with the new climate change/carbon tax bills we will be lucky enough to afford electricity/let allone gas which obamaman will tax till we are dead/remember all you change folks
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Re: How low can they go ?? Mecum Auction
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