[tcb] Re: $55,000 ~ WARNING !!! RANT FOLLOWS !!!

  • From: "Denis" <coocoo@xxxxxxx>
  • To: <tcb@xxxxxxxxxxxxx>
  • Date: Sat, 20 Jan 2007 21:50:10 -0600

No, I read it somewhere, more than once, so it's probably true, and should be a 
good lesson to all of us; "Don't put all you money and go into debt to buy 
bulbs".
  ----- Original Message ----- 
  From: Denis 
  To: tcb@xxxxxxxxxxxxx 
  Sent: Saturday, January 20, 2007 9:42 PM
  Subject: [tcb] Re: $55,000 ~ WARNING !!! RANT FOLLOWS !!!


  HAHAHAHAHAHAHAHAHAHAHA! I would be rich and it would serve them right.
    ----- Original Message ----- 
    From: sammie smith 
    To: tcb@xxxxxxxxxxxxx 
    Sent: Saturday, January 20, 2007 9:35 PM
    Subject: [tcb] Re: $55,000 ~ WARNING !!! RANT FOLLOWS !!!


    And Denis may we ask how you knew about the Tulip mania?  Were you actually 
awake in your finance class?  Some of us know because we were alive back then.  
How bout we have a Murray resto party at Chucks and take Murray to Scottsdale 
next year?

    Denis <coocoo@xxxxxxx> wrote: 
      That is halarious. What a scholar you are to know about Tulip Mania.

      The guys paying these prices must be museum types. You can go to alot of 
      cities and see small Automobile Museums. There is a huge one in Denver. 
And 
      lots in Vegas. These cars will never see a road again.

      The guys who are buying these cars are like the Poker Champions.
      ----- Original Message ----- 
      From: "a riggs" 
      To: 
      Sent: Saturday, January 20, 2007 7:24 PM
      Subject: [tcb] Re: $55,000 ~ WARNING !!! RANT FOLLOWS !!!


      *** WARNING!!! RANT FOLLOWS ***

      This has happened to a number of cars as speculators (notice I did not say
      "investors") get involved. It has nothing to do with their affection for
      the vehicle, the a**holes just want to make money. The more the better.
      They love to create noise, euphoria and confusion which gets people to
      leave their senses and pay silly prices. Auction houses of all stripes are
      good at this (Why do you think they schmooze and serve free booze to the
      bidders?)

      They work on the "greater fool theory" - "If I'm fool enough to pay
      $40,000 for a VW bus, surely a greater fool than I will pay me $50,000 for
      it!" The classic case of this is "tulip mania" in the 1600s.

      http://en.wikipedia.org/wiki/Tulip_mania

      If you were to graph prices on various brands and especially certain
      models, you would see it happen. A few (but a very few) do go up and stay
      there, but quit climbing at silly rates. Most fall out of favor and crash
      horribly, fading into the night.

      The sad part of it is that the vehicles no longer have value as a
      driveable piece of transportation but become "collector's items." If you
      paid $58,000 for 23 window, would you drive it ANYWHERE knowing a gravel
      chip, door ding or bad scratch could cost you $10,000 in value? Heaven
      forbid we put the kids in back and stop by a Dairy Queen on the way to the
      beach!

      GRRRRR#%&!@+$%#...

      If you need me, I'll be cruising in my "pristine" '71 panel...

      Allan


      --- Peter Albarian wrote:

      > Sammie,
      > When you say a 23w should go for around $45k, you need to qualify
      > vintage and options. For a '62-'63 vintage I agree with you. Go back
      > to big bumpers and bullets and they'll fetch more. Pressed bumper
      > deluxes go for closer to $75k and it's hard to say what a BD Deluxe
      > would fetch if very well restored; $115k+? When I was at Lennie's shop
      > last Summer, he had just sold a '62 23w done at his shop for $58k. A
      > somewhat flawed restoration, in the opinion of Kirk and I, of a '58 23w
      > had an asking price of over $70k there. They aren't going down, that's
      > for sure!
      > Peter
      >
      > BlackBerry service provided by Nextel
      >
      > -----Original Message-----
      > From: sammie smith 
      > Date: Sat, 20 Jan 2007 14:24:57
      > To:tcb@xxxxxxxxxxxxx
      > Subject: [tcb] Re: $55,000
      >
      > Now you guys done let out the secret to Beverly as to how much theswe
      > busses are really worth!
      >
      > Beverly Williams wrote: Sweet!
      >
      > Ronnie Hughes wrote:
      > Now I know what Sammie's retirement plan is - selling buses at
      > Barrett-Jackson.
      >
      >
      
http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=1215:
      >

      >
      >
      > ----------------
      > 8:00? 8:25? 8:40? Find a flick:
      > in
      > no time
      > with theYahoo! Search movie showtime shortcut.
      >
      >
      > ----------------
      > Be a PS3 game guru.
      > Get your game face on with the latest PS3 news and previews at Yahoo!
      > Games.: 
      >




      
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