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In 1973 I bought a 1969 Alfa Romero GTV for cash. I think it cost about $3500. I still have it but it isn't worth much.
A mechanic in San Francisco was selling the Alfa for one of his customers. When I went to his garage to see the Alfa he also had another customer car for sale.
That car was a red Ferrari Daytona. He wanted $10,000 for it. I looked at it but the mechanic advised against it. "It drives like a truck," he said. "Impossible here in the city. Don't buy it, too much trouble".
The Daytona was capable of racing at Le Mans right off the showroom floor.
At one time in the late 1980's cars like it were selling for almost half a million dollars.
I don't know what it would sell for today but it would have been a good investment and a lot of fun.
Not all cars go down in value. Some go up, way up.
boont
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