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Originally Posted by AtomicLabMonkey
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Originally Posted by sperry
When they sell it in 10 years for $10M, then you'll see why they've got so much more money than you.  |
... or they'll sell it for half of what they paid for it to try and recoup at least some of their money from that horrible day back in '05 when they got sucked into an over-inflated bidding war on a 51-year old Oldsmobile.  |
That car will only increase in value. Especially since it was the highest cost car in the history of Barrett-Jackson... that will actually increase the value of the car. Not only is it famous for what it is, it's also famous for what was paid for it.
And you have to remember, that car's from an era before the Oldsmobile marque was synonymous with "old people". Back in '54, Olds was just as "hip" as Chevrolet, Ponitac, etc. Back then the different branches of GM were essentially just different cars... it wasn't till the early 50's that they started making a few cars per branch.