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The hangover from the current insanity promises to be immense - a mate of mine took a look around the warehouse of this place a couple of weeks back. The amount of old 911s they have (not listed on their inventory) is astonishing. 50+ easy. There's places like this all over the US.
https://www.beverlyhillscarclub.com/about-beverly-hills-car-club.htm
Jung-
Beverly Hills CC are famous for air cooled 911’s - usually in need of significant resto, no matter what the advert says. They won’t have paid a lot for their stock, the people who are going to be burned are those that bought a fully restored 1972 oil-flap car for £150,000+
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I'm spending scary money restoring an early 911. Kind of just accepted their peak price has past and hoping the cost of restoration meets around where it's fall in value stops.
Could have sold it last year for a tidy profit half finished too.
Dammit
8b
Vast ammount of money have been printed in the past 10 years and historically low interest rates have meant zero return on savings and cheap credit. All of that money has mostly ended up in bloating assets.