Why do I feel like I should buy this as an investment LOL ('88 TC)
Reply #15 –
I've seen nice TC's asking way more. I think plenty of us have. Asking and selling are two different things, but if you watch the right publications online, you notice some interest in the late TC's anyway. People "out of the loop" being exposed and saying 'wow that's really cool I want one!'
I'd want to pay closer to $6K for this thing, but I totally see (and yes here's the practical part of it) myself making some money sitting on it for anywhere from 5-15 years which I could, whilst enjoying it occasionally. I'd like to drive a TC to see what the whole package is all about. I've always had a xenophobic "eewww 4-cylinder" prejudice against them. Which is of course stupid but it's a natural tendency when you're deeply entrenched in V8-land.
Two falls ago I had someone who clearly enjoyed one in his teenage years with his wife, HELL BENT on buying my 20th. I think $10k wouldn't have made him flinch. Recently another clearly well-heeled guy posted a CL wanted ad, looking for not one but two solid "easy restoration" 87/88 cats. It's cherry-picking, sure, but it's something.
I'm not seriously considering this, it would not be a smart use for that much money. But I have to wonder anyway. I really think if nothing else, the TC's will be....let's say very annoying to try and get in a decade or so. Let me also state that I am NOT in this sport for profit. Never have been, and can't stand the way the auctions ruin it for the non-elite. I guess it just seems like a really good deal assuming of course there are no hidden demons.