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Old Sep 15, 2010 | 09:22 PM
  #34 (permalink)  
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+fireamx
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Joined: Aug 2005
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From: Akron, Ohio
Default Re: I hate to keep bringing this up...

Originally Posted by JimmyJames
As for your statement "Most collectible cars didn't sell well from the start" is just wrong---please give examples---Vegaslaw did and so have I---there must be a 'I got to have it" factor which makes sales the first time and the second and the third---not the "mark down" car that the Crossfire was off the lot new.
Plymouth Superbird ring a bell? The AMX? Sure, that doesn't constitute "Most" but they certainly didn't set the world on fire when they were new.
An excellent example of a 2 seater AMX brings over $50K at Barrett Jackson. (at Saturdays AZ auction), and $150k (or more) for a primo Bird is not uncommon at BJ's.
To say that you will never see a Crossfire at BJ's is simply ludicrous.
Our car's value hasn't bottomed out yet, oh sure, it may fluctuate with the market, and the seasons, but they will eventually sell for even lower prices than we've seen in recent years.
A car has to bottom out, before it starts to appreciate, and these cars will appreciate eventually. Yes, even the NA car, but of course the SRT's will ALWAYS be more desirable to the average car enthusiast. How much? Probably depends more on inflation, that desireability.
Most any 2 seater "Sports Car" becomes a desirable (classic/vintage) commodity eventually. Whether or not you consider that a collectable, is simply a matter of definition.
Will I ever see my Crossfire sell for more than I paid for it? Probably not. I purchased mine brand new, and even though I got it for a great price $21,700.00. At nearly 60, I probably won't be around long enough to see it appreciate that much. For those of you (younger folks) who picked one up used (for a good price, in the low teens) it's only a matter of time.
I didn't buy my XF as a future investment. 40 years ago, I purchased my AMX with the intentions of never selling it. I had no problem keeping it all those years, because I never had the desire to sell it for anything else.
Coincidently, (40 years later) I feel the very same way about the Crossfire. Who knows, when I'm 95, maybe I will be able to sell it for a profit.

As for the question about it having a "Cult" following? If after reading this forum, you don't think that it already has a cult following, then I don't know what does.
 
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