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Testarossa Price Trends

Discussion in 'Boxers/TR/M' started by Mr.Chairman, Dec 9, 2010.

  1. Natkingcolebasket69

    Rossa Subscribed

    Never seen u so depressed;)


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  2. V4NG0

    V4NG0 Karting
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    Dec 14, 2018
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    Vinny
    A depression is not merely a more severe version of a recession. That word keeps getting thrown around here rather excitedly, but there’s a big difference between the two. What we experienced a decade ago was actually a depression—albeit a short-lived one, due to the relatively quick reflexes and judgement of policy makers.
     
  3. ChipG

    ChipG Formula 3

    May 26, 2011
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    Santa Monica, CA
    Yep, we are in a recession and headed into a depression but seems like about every analyst on CNBC is saying we are skipping the recession and going straight to the depression.
     
  4. V4NG0

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    That’s not how it works. There are certain important antecedents that develop before reaching a depressionary environment, and those don’t happen in just a matter of weeks.
     
  5. Bradwilliams

    Bradwilliams F1 Rookie
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    2008 was not a depression, the government bail out happened. It was a bad recession though. It lasted about 2-3 years and was followed with no recovery and little to no growth afterward. I'm not going to comment any further otherwise it would turn into P and R.
     
  6. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    Locked in home schools closed everything closed what u call it party time lol
     
  7. ChipG

    ChipG Formula 3

    May 26, 2011
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    it's an expression LOL but yes, it's going to be accelerated this time around, no doubt.
     
  8. V4NG0

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    What is your personal definition of a depression vs. a recession? I’m going by the ones reputable economists use.
     
  9. V4NG0

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    I hear you. There’s the technical term and the colloquial one.
     
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  10. Parnelli

    Parnelli Formula Junior
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    Guys, the US economy has suffered many recessions but only ONE actual depression. (The great depression of course).
    Things are bad. Yes. But depression??
    Hell no
     
  11. Natkingcolebasket69

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    The wise parnelli has spoken;)


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  12. JAM1

    JAM1 F1 Rookie
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    Oct 22, 2004
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    No, they don’t.

    But that Diablo is the new comp every tool “in the market” will reference to slag off other cars in the market for a good while.
     
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  13. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,464
    #4338 Shark01, Mar 27, 2020
    Last edited: Mar 27, 2020
    After the 10% premium, it's pretty well in line with sales I know of over the past 6 months for a 13k mile red GT. Good buy, not earth shattering.

    And the black car sold a month ago was a 7k mile car......I assume that is the one you are discussing. And yes, someone overpaid for that one.

    https://bringatrailer.com/listing/2006-ford-gt-15/
     
  14. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,464
    Exactly, respect for actually knowing what you are talking about. Hope you can get one in time, they are amazing cars.
     
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  15. V4NG0

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    You are half right—yes, no coordinated depressionary forces yet.

    But there were other depressions. As you alluded to, it’s called the Great Depression, rather than simply the Depression, precisely because it’s not the only one. Similarly we got the Great Recession name to distinguish it from others, although the term had already been used decades prior.
     
  16. BOKE

    BOKE Beaks' Gun Rabbi
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    Jul 13, 2009
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    Still here.:D Are you still "in the market???"
     
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  17. BOKE

    BOKE Beaks' Gun Rabbi
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    You're "special" too!!! :rolleyes:
     
  18. sixcarbs

    sixcarbs F1 Veteran
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    Dec 19, 2004
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    SF
    A recession is when your neighbor loses his job, a depression is when you lose your job.
     
  19. Bradwilliams

    Bradwilliams F1 Rookie
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    Lmao!
     
  20. bka80s

    bka80s Rookie

    Feb 4, 2020
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  21. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,464
    Yikes, why did an auction house even bother with this? This has needs EVERYWHERE. It will take $40k just to get it to be a #3 car.

    OTOH, it's nice to see a project car for sale....when I was shopping in 2012-14 there was lots of Diablos like this....I mean run down '99 Roadsters with $80k asks. Then when collectors caught on to how rare and desirable they are, they were snapped up and refurbished.
     
  22. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    That car needs 100 to 150k
     
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  23. vincenzo

    vincenzo F1 Rookie

    Nov 2, 2003
    2,735
  24. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,464
    Even though you could, I wouldn't recommend it......this car will never be a #1 quality car even with $150k thrown in.....just put in $50k and have a #3 car you can have fun with. You would have $150k in it at that point and never lose money.....that's a good thing.
     

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