Let's not forget that these are the same sort of
people that are willing to drop $200,000 for a stock
ferrari or aston martin, which will inevitably
depreciate by at least 50% in two years off the lot.
If they hold on to that 90K healey for two years
without driving it and manage to sell it for 45K...
they may think they got a great deal!
Cheers,
Alan
'53 BN1 '64 BJ8
--- Awgertoo@aol.com wrote:
> In a message dated 1/31/2005 8:49:17 PM Eastern
> Standard Time,
> steveg@abrazosdata.com writes:
> We are not his market. His buyers are not Healey
> People per se, but rather
> 65 year old guys who had one in college and now have
> a lot of money, or
> 45-year-olds who's fathers had one when they were
> little. They trust Tanner
> to sell them the right Healey from an investment
> point of view.
> Steve's post nails it.
>
> The fact that someone steps forward and pays a sum
> unrelated to that which
> these cars normally trade for proves only that there
> is always someone willing
> to overpay (and let's not forget that they also paid
> an 8% "Buyer's Premium on
> top of the already-inflated price).
>
> Best--Michael Oritt, 100 Le Mans
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