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Classic car bubble

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https://www.autoclassics.com/posts/news/ferris-bueller-ferrari-replica-for-sale

https://www.mecum.com/lots/CA0818-336645/1985-modena-gt-spyder-california/

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Mecum Auctions to sell Ferris Bueller's Ferrari 250 GT Replica
One of two Ferrari 250 GT California replicas made for filming 1986 film classic Ferris Bueller's Day Off is up for sale with Mecum Auctions on August 25

Why is the Modena so revered?
Unlike the majority of Ferrari California replicas stalking the 1980s, the Modena wasn’t based on Datsun’s 240Z. It was instead a bespoke car from the ground up, featuring a rectangular steel tube frame designed by Indy car maker Bob Webb.

I always wondered if there was a 240z underneath... now we know!

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However the Vanilla Sky Ferrari is definitely based on a 240z.

 

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Trademe.co.nz newsletter I received today.

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Greetings to the faithful, 

Have you noticed the phenomenal value of cars that were common as mud when you were young? A Mazda RX7 S3 Turbo recently sold on the site for $38k. Holden Toranas regularly turn over north of $60k, and the median price of pre 1980 Volkswagen Kombi is now hovering around $45k. And don't even think about trying to pick up a Alfa Romeo GTV 105! 

It's all very serious dosh for cars you could could have picked up for less than $10k not so long ago. Dave Winsborough, an iconoclastic psychologist mate, tells me that it's driven by 40 somethings buying what they emotionally connected with when they were teenagers. I suspect it's equally driven by a desire to have a cool Sunday driver that's likely to deliver a more stable return than the sharemarket! 

It's far too late to try to pick up an RS2000 Escort or 265 Charger at a discounted price, however, it's interesting to speculate what there is out there that is still affordable but might ratchet up in value over the next decade. 

This month in MOD's Motors I try to zero in on a few modern classics that it might be worthwhile picking up, and putting away for a few years; plus all the regular features, musical garbage from the faithful, and a cool classic Porsche race car reader's ride. Let's get into it. 

 

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@gav240z Bro please dont depress me. I remember I had the chance to pick up a MINT Holden Monaro for 3k with a 350 big block, and my Dad talked me out of it. 

I still have deep memories but luckily I still got my 72 HQ Statesman. Needs some body work though, probably after the S30. 

Ohh yeah and I have been putting it on him ever since haha

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I watched this video a little while ago, and don't really understand his point.

Special editions of contemporary cars are far from classic, maybe future classics at best. A glut of such cars isn't going to affect cars that are already classics.

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My understanding of Limited Availability means basic supply and demand. There will always be a demand for classic cars regardless of the model only due to different people liking and wanting different cars. Not everyone thinks of buying a classic car as a investment but there are the few who are chased up and would buy a classic for investment. 

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I don't think Ferrari's like this are in a bubble. I think there will always be demand at the top end.

However I love the story. Thought this was the best place for sharing it.

https://www.drive.com.au/motor-news/-2000-piece-of-junk-tipped-to-sell-for-10-million-119183

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17 hours ago, gav240z said:

I don't think Ferrari's like this are in a bubble. I think there will always be demand at the top end.

However I love the story. Thought this was the best place for sharing it.

https://www.drive.com.au/motor-news/-2000-piece-of-junk-tipped-to-sell-for-10-million-119183

Looks to be the same car as in this Petrolicous video, it is a very cool story! 

 

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