That 66 Mustang will probably never reach stratosphere prices (there are too
many of them, and you can almost build a NEW one from NOS or replica parts),
but it IS a good, solid investment that will hold over the years if kept up
right.
Someone will _always_ want to buy that car, especially if it's 100% original
and has the Pony interior :)
I don't think there is an easier classic car to restore or maintain than a
64.5-66 Mustang.
Good choice :)
-Larry
> Yeah,
> But I and you have to admit, that was spectacular, but it is sooo much
> more depressing to see cars that you almost gave away during the gas
> crunch years, sell for over 50 thou now days... Like you said that ss
> chevelle. BTW that is exaclty why I have not sold my 1st car, 1966 mustang
> convertable...
> Larry enlightened us with:
>> That was nothing.
>> One car set an all-time auction record. The bidding was between two
>> guys and it was a true marvel to watch.
>> The car?
>> A 1954 Oldsmobile F88 Concept car, in mint condition of course. Designed
>> by Harley Earl. There was a video in the background showing
>> Earl driving the car in some sort of street parade in 1954.
>> It looked a lot like an Olds version of a Corvette. It was pretting
>> stunning.
>> The bidding?
>> 100,000
>> 500,000
>> 1 million.
>> 1.5 million.
>> 2 Million !
>> 2.5 Million !!
>> The place was on fire.
>> This went on for a good 5 minutes.
>> And the winning bid:
>> 3 MILLION DOLLARS
>> The purchaser was the representative of a new musiem being built in
>> Colorado. Steve Barrett said the 'loser' in the bidding was a
>> long-time customer that had NEVER lost a bid on a car he really
>> wanted until now.
>> It came out that there was NO limit to what the winner was willing to
>> bid. Whatever it took to take that car to Colorado is what they were
>> going to spend.
>> Sheesh!
>> -Larry
>>>> The hammer just fell on a nearly identical car for $300,000.
>>> Yeah I was flipping back to it during commercials and I just couldn't
>>> beleive the prices some cars were getting, especially for cars that
>>> were neither drivable or historically significant.
>>> I can fully understand building a hot-rod, I can't understand paying
>>> top $ to buy somebody elses...
>>> To each his own I guess...