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Price Gains

PostPosted: Sun Jan 17, 2016 2:52 pm
by bandit
This is the answer from between Oct to Dec 2015 according to Hagerty's who compile price guides for insurance companies, as seen in Classic Car Weekley

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Re: Price Gains

PostPosted: Sun Jan 17, 2016 4:17 pm
by jerzybondov
Pretty big gain for a 2 month period at that time of year?! Suspect it's just due to timings of auctions and the guides catching up with that the market is doing.

Re: Price Gains

PostPosted: Sun Jan 17, 2016 7:16 pm
by Darren C
To quote JZD……”its as good as gold”

Actually Gold fell 13.69% in value in 2015 ! :shock:

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Smart money is in a Delorean ;)

Re: Price Gains

PostPosted: Sun Jan 17, 2016 7:21 pm
by bandit
Darren C wrote:To quote JZD……”its as good as gold”

Actually Gold fell 13.69% in value in 2015 ! :shock:

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Smart money is in a Delorean ;)


Good job we don't have any of the gold plated D's then eh! :lol: :lol:

Re: Price Gains

PostPosted: Sun Jan 17, 2016 7:25 pm
by Darren C
I knew you'd pick up on that one Ju.... :lol:

In 2006 when I bought my De, gold closed at $635/oz.
At the end of 2015 it was just under $1100/oz
That's around 90% increase over the 9 years.

Whereas my De has returned about a 400% increase in the same 9 years :shock:

Just in case Adminbloke reads this thread....

Coal in 2006 was $53/metric tonne, at end of 2015 it was $56/metric tonne. An increase in 9 years of only 6%
Got to keep them northerners in check and down pit ;)

Re: Price Gains

PostPosted: Sun Jan 17, 2016 8:00 pm
by Admin-bloke
And I thought the streets were paved with gold down South. .. ;)

Re: Price Gains

PostPosted: Sun Jan 17, 2016 8:40 pm
by A Van
Admin-bloke wrote:And I thought the streets were paved with gold down South. .. ;)


Only when Darren's earrings fall out

Re: Price Gains

PostPosted: Sun Jan 17, 2016 9:08 pm
by bandit
This is true, but must admit coal built this country

Re: Price Gains

PostPosted: Sun Jan 17, 2016 9:20 pm
by DJK73
Admin-bloke wrote:And I thought the streets were paved with gold down South. .. ;)


Silver and gold mate, silver and gold :D

Re: Price Gains

PostPosted: Mon Jan 18, 2016 2:40 pm
by Biff
Darren C wrote:Whereas my De has returned about a 400% increase in the same 9 years :shock:



Really? Taking into account real world costs to owning that portfolio?
Insurance, maintenance, storage costs, inflation of purchase price?
Would be interesting to see actual potential profit over those 9 years.


I obviously bought mine a lot later than you (after a lot of price inflation had already occurred) but with all costs and repairs against possible sale price, I reckon I'm about even, which is fine as it has been fun owning the coolest car ever made!! :dance: