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Current CGT market and trend?

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Old Nov 13, 2010 | 09:28 AM
  #11  
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keep it, and be buried in it when you pass
 
Old Nov 13, 2010 | 10:30 AM
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Originally Posted by .:Raul
keep it, and be buried in it when you pass
Agreed! Just make sure they leave the roof on before they put the dirt in the hole
 
Old Nov 13, 2010 | 11:36 AM
  #13  
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If I had a CGT I would never let it go, just saying.
 
Old Nov 13, 2010 | 11:47 AM
  #14  
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Originally Posted by gah993
Agreed! Just make sure they leave the roof on before they put the dirt in the hole
-This from a man in the know!
 
Old Nov 13, 2010 | 01:06 PM
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People who are saying he should sell and buy another:
He might have been offered more than he paid, but he still has to replace his current example. And if the sale is the same as the replacement will be (my guess is they're close), he does not walk away with anything other than a different color.
 
Old Nov 13, 2010 | 01:39 PM
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Originally Posted by wyatth
People who are saying he should sell and buy another:
He might have been offered more than he paid, but he still has to replace his current example. And if the sale is the same as the replacement will be (my guess is they're close), he does not walk away with anything other than a different color.
You are forgetting about the sales tax he'd have to pay.

Even if he makes 50k more than he paid which he wouldn't most states are 8-10% sales tax he'd lose most of it there

A lot less of these are on the market today. Mostly because owners want more than the market will bare but a lot of these I believe have also found permenant homes and won't be going anywhere.


Those that think the 918 will affect them don't hold your breathe. It will take 10 years for them to affect their 10 year old older brother. At $700k it's a different market and only about 30k people in the world can afford it. 1 in 30 of those people won't want one. Porsche won't sell the 1000 they want to.
 
Old Nov 13, 2010 | 01:50 PM
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Well said Mark and Wyatt
 
Old Nov 13, 2010 | 04:00 PM
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Originally Posted by jwm8375
i don't know? if he can sell it for a profit and buy another and make a few bucks, its not a horrible idea?

Can you give more specifics? (year, miles, colors, purchase price, offer price?)
Totally agree.
Love the lineup in your stable by the way.
 
Old Nov 13, 2010 | 04:21 PM
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people have been predicting that CGT values will sink for several years now but the car continues to hold up very well in value for very good reason which is there is nothing else in this price range with anything close to the technology that the CGT has. In addition unlike some other cars in the 300-400k price range such as the Ferrari 458, the CGT is a true limited production supercar not a regualar production model that will be mass produced and replaced in a few yrs. (full disclosure I have a low mile 05 CGT which I have offered for sale recently because I dont use it much not because I think there is any reason for prices to go down)
 
Old Nov 13, 2010 | 04:38 PM
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Originally Posted by gah993
Agreed! Just make sure they leave the roof on before they put the dirt in the hole
You're doing it wrong. You should be buried in your mausoleum aka CGT-themed garage.
 



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