1987 went for a cool $200K on BaT just now. Only 8 miles on the clock.
Robbie said:Ovid_and_Flem said:Only 8 miles on the clock.
That's 32 passes
Getting picked up at the far end of the track? Now thats the royal treatment!
RossD said:Robbie said:Ovid_and_Flem said:Only 8 miles on the clock.
That's 32 passes
Getting picked up at the far end of the track? Now thats the royal treatment!
Okay, 16 passes.
RossD said:Robbie said:Ovid_and_Flem said:Only 8 miles on the clock.
That's 32 passes
Getting picked up at the far end of the track? Now thats the royal treatment!
Buick is fast with class
RossD said:Robbie said:Ovid_and_Flem said:Only 8 miles on the clock.
That's 32 passes
Getting picked up at the far end of the track? Now thats the royal treatment!
Go fast with class.
In reply to Harvey :
And probably the majority of them have ultra low miles.
In 1987 people knew that this was the last of the old school GMs, and musclecar values were starting to really climb, so a large percentage of GNXs were bought by speculators.
Once I saw how much they were "worth" 20 years ago, I lost all interest. Probably the same reason I don't bat an eye at aircooled Porsches.
In reply to David S. Wallens :
I believe the last one made sold for $220k not too long ago, so this one wasn't a record, but close.
So, I decided to see what Hagerty says about GNX values. Over the past 3 years, they show a softening: from a high of $150,000 in May 2016 to a high of $123,000 today.
And just to calibrate everything, Hagerty is talking about No. 1 cars. Here's their definition:
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is "concours."
I have never even seen one in the flesh. They are black unicorns. Typically when speculators grab something up, the effect is the opposite of what they desire. Had these all been used up on racetracks and beaten into the ground via general hoonery, the market value would be multiples of what it is now.
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