At 22 minutes. Does anybody else watch Nightly Business Report?
Nightly Business Report – February 8, 2016
Ferrari $$$
Started by
NSwanberg
, Feb 09 2016 04:00 AM
6 replies to this topic
#1
NSwanberg
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Posted 09 February 2016 - 04:00 AM
Remember the Steube bar! (ask Raisin)
SUPPORT YOUR LOCAL RACEWAY!!
"The denial of denial is the first sign of denial." Hank, from Corner Gas
"Death before disco!" Wanda from Corner Gas
Nelson Swanberg 5618
Peace be with all of us and good racing for the rest of us.
Have controller. Will travel. Slot Car Heaven
#2
Tex
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Posted 09 February 2016 - 07:33 AM
Nope, don't watch it (much anyway). I saw a blurb yesterday about a Ferrari going for $37M in Paris....
Richard L. Hofer
Remember, two wrongs don't make a right... but three lefts do! Only you're a block over and a block behind.
Remember, two wrongs don't make a right... but three lefts do! Only you're a block over and a block behind.
#3
Cheater
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Posted 09 February 2016 - 07:43 AM
Gregory Wells
Never forget that first place goes to the racer with the MOST laps, not the racer with the FASTEST lap
#4
Cheater
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Posted 09 February 2016 - 09:13 AM
Funny thing is the brouhaha about whether the 1957 Ferrari 335S is now "the world's most expensive car ever sold at auction."
1957 Ferrari 335S becomes the world’s most expensive Ferrari at auction – in euros, anyway
Seems slot racers may not be the only group where mostly-meaningless world records are desired.
- MSwiss and NSwanberg like this
Gregory Wells
Never forget that first place goes to the racer with the MOST laps, not the racer with the FASTEST lap
#5
Half Fast
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Posted 09 February 2016 - 10:30 AM
That is one Bee-yoo-tiful car. 
Too bad I missed the auction. 
Expensive taste, no bucks! 
Bill Botjer
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#6
Dave Crevie
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Posted 09 February 2016 - 05:21 PM
Buying collector cars is like playing the stock market. What brings millions today may not get there tomorrow. Ferraris and other high end cars are usually good bets, kinda like buying Apple or Microsoft shares.
In some cases though, the change in auction values can vary tremendously. About four or five years ago a Plymouth hemi 'Cuda convertible sold for three million, the same car struggled to get to half million this year and was a no sale.
In '07 my old 206 brought 3.4 million at the Cavallino in Italy, but just recently sold for under a million. (I feel better now since I almost shot myself when it got the 3.4.)
Be it auction or private sale, you need to have a big interest in the car you are selling. And that is far more difficult to predict than the stock market.
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#7
NSwanberg
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Posted 10 February 2016 - 03:39 AM
Just which tribe owns the Wall Street Casino?
Why it is the CHIPpewas of course.
Remember the Steube bar! (ask Raisin)
SUPPORT YOUR LOCAL RACEWAY!!
"The denial of denial is the first sign of denial." Hank, from Corner Gas
"Death before disco!" Wanda from Corner Gas
Nelson Swanberg 5618
Peace be with all of us and good racing for the rest of us.
Have controller. Will travel. Slot Car Heaven
