Let me see, new price when it came out was $400, then there has been over 90 years of depreciation.... and Ford kept cranking them out eventually dropping the new price to $240 devastating the value of the your 1925... :-)
Let me see, new price when it came out was $400, then there has been over 90 years of depreciation.... and Ford kept cranking them out eventually dropping the new price to $240 devastating the value of the your 1925... :-)
Agreed. And someone who needs to finance a 15 year old BMW M5 for $20k will not have the money for the $2800 repair it will need 3 months after purchase. I had my S65 AMG for a month when it blew on of the dreaded $1800 coil packs. And you have to take the turbo’s off to get at the spark plugs!
Yes, in most cases it’s really a “personal secured” loan based on their assessment of your credit rating, risk, history, etc. They don’t have the knowledge or time to judge whether the collateral is any good since it requires specialized knowledge. Even with professional appraisers, it’s to low a volume for a main…
That’s because 99 out of 100 1967 Camaros are barely held together by the paint over the rust. To a bank, its a numbers game, so they will take a chance at overlooking your gem.
The real issue is liquid market. They know they can repo and whole sale the Kia Rio. The antique exotic with a specialty market, not so much.
Do they include Mrs. Robinson as a passenger?
The wheels go to go... a set of AMG wheels will help.
Agreed. I would argue you should step up to the S65 AMG as I did. Just had to break 600 HP and 738 lb/ft torque. In “limo mode” it still drives like the luxury car it is, but kicking the throttle instantly wakes it up. Like having the Terminator in a business suit....
70 mile range brand new, on a good day is not a car, it’s a golf cart.
Ugh! Why do you waste your valuable time on such junk?