But Kai, if you owned every MG in the world, and set your own price,
you'd price yourself out of the car market. Face it, one thing we like
about MGs is that they're affordable. If you have them all, and charge,
say, $60,000 for one, most of us would look for a dfferent $6,000 or
$10,000 LBC. The few who have the 60 grand to spend would probably
rather buy something a little spiffier (an AC Ace, for example) than one
of your MGs at that price. Let's face it, you might own them all, but
there are still a lot of them (even if you are the only one that has
them).
OTOH, if you bought them all and crushed, say, 90% of them, then you'd
have a rare car. But then you wouldn't have that many of them, so you
wouldn't make all that much money. So, you can either sell a million
$6,000 cars and make $6 trillion, or sell 100,000 cars for $60,000 each
and make the same amount.
You see, the rarity you create by owning them all is artificial. You
only have a rarity in the marketplace, not in reality (something similar
to what the Hunt (?) brothers did with the silver market in the '80's).
The price they are "worth" is still determined by what the buyer is
willing to pay, and I think you'd have trouble selling a $60,000 MG.
Oh, you'd sell some but, overall, you'd be pricing yourself right out of
the marketplace, and end up having to drop your price until you reach
the point that the cars are actually "worth" in the marketplace.
"Buy" a few MGs to enjoy, but "invest" your money in the stock market.
At your age, you can be a millionare by the time you're 50.
(not a millionare, but then, nowhere near 50 either)
-NORY
Don't assume that because you have found one problem, you have found the
ONLY problem.
'74 Midget & '71 parts car
'94 Ford Ranger
'86 Ford Escort
'89 Ford Probe
'96 North American Shepherd
http://www.geocities.com/SiliconValley/Way/9101
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