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Originally Posted by wuzupfoo
massive bubble in all things that ballers want...
Not to say that an E30 M3 isn't a collector car but pricing on all "collectors items" are hilarious at this point. This applies to watches, whisky, wines, and high end real estate etc.
welcome to crazy financially engineered world we live in...
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it's not that....it's simply a supply demand curve. Many people such as myself grew up wanting an E30 M3. Now that we have money we go after them....I chose to go after a 1M instead though. People spend money on what they want.....it's not engineered by anyone, really.
Collector cars have existed since the automotive industry matured at 20 years. This isn't a new revelation or some sort of society conspiracy theory; it's basic supply and demand.
The E30 is a bonafide collector car already. There are far too many of them produced to ever be uber amounts of money----but they will continue to appreciate surely.