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'66 E-Type Roadster just sold at RM Auctions Monterey for $295K

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britlover

britlover

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Wow. I knew E-types were getting up there in the big time bucks, but this is way up there. Funny, it almost sold for $170K, but someone bid again, and it started all over. Strong money.
 
I've considered selling my 68 OTS thinking the market has topped out but I keep hearing stories like this. Better to keep it than money sitting in the bank. More fun as well.

Marv
 
Marvin Gruber said:
I've considered selling my 68 OTS thinking the market has topped out but I keep hearing stories like this. Better to keep it than money sitting in the bank. More fun as well.

Marv
Click to expand...
Well. For those of us old enough to remember the BUBBLE burst of the late 80's early ninties there will be another burst of the bubble........too may people buying and flipping cars to sustain these prices. There has to be a true "COLLECTOR" on the other end who wants to keep the car because he likes it...not to make money....We are now ending the "musical chairs" version of collector cars. I will never be without a "chair" because I never bought a car as an investment..

Pete
 
I also remember those days when I could have sold all my Jags, put the money in the "safe" stock market, and retire young on some tropical island. Then the stock market would crash and i'd be without my Jags and money (and probably a bad sun burn). So since then, I try to sell one a year or so. I hit the good times and the bad times, but average out OK. Because of the bubble, i'm selling 2 XK's this year and put the money into an obsessive restoration of an early outside bonnet latch XKE. Hope the bubble lasts another year.

Phil.
 
I also remember those days and getting unsolicited phone calls basically saying name your price. Had I known the market would crash like that a year later, might have sold and bought another then. But wanted one since I was a kid and was afraid I'd never afford to get back into the market if it continued.
 
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