GS 2006 LE 37k 2 owner

bigbob

Member
Messages
8,972
Cars are only overpriced when you want one and there is limited supply..............................
 

DonnyMac

New Member
Messages
69
Isn't that the market price?

Overpriced is when you want one and there are billions and you buy the most expensive example regardless of whether it's the best.

Limited supply / desire = market price.
 

DonnyMac

New Member
Messages
69
Ever increasing limiting of supply, so if the desire bit of the equation holds up then we'll all kick ourselves after we've sold up.
 

hodroyd

Member
Messages
14,150
Yes I get your point, I was looking for a Griffith 500 not long back, could not believe the prices now..!!
 

DonnyMac

New Member
Messages
69
What I've found in the pricing of 'desirable' cars, or at least the ones I desired, there's a bounce...

Depreciate, depreciate, depreciate then they hit the price point where they're owned by those that would never have wanted them at their original sale price (rather than saving etc), so are trading on their once exclusive nature although the cars are not exclusive through price any longer...

These buyers are not enthusiasts and often cannot afford to keep their 'super'cars super anymore, the first sign of trouble and there isn't a quick eBay fix or their local mechanic mate can't fix it for a tenner then the car gets bodged and sold 'cheap' to an unexpected punter who thought they got a bargain - often they're at the top of their budget and so niggles often turn into major or growing faults.

Thus a two tier market forms, not based on mileage, but on condition; this is where we are now.

The bounce?

This is when enthusiasts either buy these bodged cars and bring them back up to condition or they get so bad that it's obvious they're knackered and they're broken for parts - this then leaves only excellent examples left and the price skyrockets.

We're hitting the split between excellent examples and eBay specials with the GS now, the bounce will happen in the next few years.

IMHO.
 

DonnyMac

New Member
Messages
69
Or move on when you've got 5 cars, 1 bike and only three spaces :(

(This whole SOR thing is weird to me as I've always sold to fellow enthusiasts, many of which I still know, so I get to enjoy my cars progress after I've passed them on... Probably won't get that now with the car being moved by Autofficina, Sad)
 

outrun

Member
Messages
5,017
I hope the Stradale continues to depreciate and the GS appreciates. That way I may be able to swap one day!