Marshall Goldman - Legit or insane?
07-25-18, 12:02 PM
#1
Pole Position
Thread Starter
Marshall Goldman - Legit or insane?
This place currently has two SC430s, one priced at $32,900, one priced at - wait for it - $49,900 
The second one has 780 miles on it, which begs the question, was the original owner also on crack? Why would you spend $60K+ on a car, and park it for 16 years? And, to anyone fool enough to spend $50K on it, I would think every fluid, every gasket, and every piece of rubber on it will need to be changed before it can be driven. And then, you're going to drive it and lose tens of thousands of dollars instantly? Or, are you going to park it as well, and also lose tens of thousands of dollars anyway without the fun of driving it?
Maybe I'm the insane one......is this a rich person's problem, one which I surely don't understand?
EDIT: They actually have three SC's. The ones I mention above are 2002's, the third one is a 2004, 1830 miles for $47,900
The second one has 780 miles on it, which begs the question, was the original owner also on crack? Why would you spend $60K+ on a car, and park it for 16 years? And, to anyone fool enough to spend $50K on it, I would think every fluid, every gasket, and every piece of rubber on it will need to be changed before it can be driven. And then, you're going to drive it and lose tens of thousands of dollars instantly? Or, are you going to park it as well, and also lose tens of thousands of dollars anyway without the fun of driving it?
Maybe I'm the insane one......is this a rich person's problem, one which I surely don't understand?
EDIT: They actually have three SC's. The ones I mention above are 2002's, the third one is a 2004, 1830 miles for $47,900
Last edited by maarp; 07-25-18 at 12:08 PM.
07-25-18, 12:58 PM
#4
Pole Position
Thread Starter
07-25-18, 01:08 PM
#5
07-25-18, 03:07 PM
#6
Low mileage Sc that is not molested. That meaning ORIGINAL cars are starting to be collector cars. Any of these under 5k miles bring top dollar at the wholesale auto auction. That's the place where a dealer buys and sell. In April ( 2018) a 2002 with 1900 yes 1900 mile sold at auction to a dealer for 42k plus the auction house fees and transport fees. Closer to 46k just for the dealer to get her in the showroom. Move up to 30k miles and the price drop to about 28k. This is clean original cars. No mods no accidents
07-26-18, 05:44 AM
#7
Pole Position
Thread Starter
Ok, so what do you do with it then? You can't drive it. So, you need to keep it for 20+ years until it becomes "collectible". At which point, you may or may not get your initial investment back. Better off putting your money into a retirement fund.
We've had this discussion ad nauseum on the Miata website that I frequent. IMHO, unless your car is an extremely rare edition, or it's 40 years old, all you're going to do is lose money by speculating in the collectible car market.
We've had this discussion ad nauseum on the Miata website that I frequent. IMHO, unless your car is an extremely rare edition, or it's 40 years old, all you're going to do is lose money by speculating in the collectible car market.
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07-26-18, 11:12 AM
#8
Moderator
When I click on the links in the orininal post I see both listing have been removed. I offer this: recently another member and I were looking at a “newer pristine” SC which was also on eBay. After some correspondence with the “seller” we figured out through the inconsistencies in emails it was all fraudulent. So, my only thought here is buyer beware. If it seems unreasonable or too good to be true it probably is.
07-26-18, 12:49 PM
#10
Lexus Test Driver
Low mileage SC430s Are really expensive in Cleveland!!!
07-26-18, 07:33 PM
#11
Moderator
No surprise to me that a collector would pay $50k for a potentially collectable high end luxury sports car with 800 miles on it. A pristine SC430 with less than 1k miles is extremely rare as people tended to drive them at least a few times a year. That SC will almost certainly be purchased by a collector and very likely will never be driven. I have a good friend that collects vintage show bike quality motorcycles, some have less than 10 miles on them, first thing he does to most of them is drain all fluids and remove the battery.
Less than 30k mile SC430s are getting harder to find but still plenty are out there if one is patient.
Less than 30k mile SC430s are getting harder to find but still plenty are out there if one is patient.
07-27-18, 04:38 AM
#12
Pole Position
Thread Starter
Jabberwock, I agree that a sample like this is extremely rare. However....
That 's a hell of an expensive gamble, to throw down $50K speculating that sometime in the distant future you will increase your investment. I would think that people that have that kind of cash laying around are smarter than that.
Look, I love my SC. But collectible cars are about emotions and nostalgia. The early Mustangs, even thought they made millions and were based on a Falcon, were an iconic car of the 60's. They've become collectible mostly due to the nostalgia of baby-boomers trying to recapture their youth. Porsches and Ferraris are in a different class, due to rarity and racing provenance. I really don't see the SC as a collectible car any more than a '77 Monte Carlo (the last of the big ones). For someone who's dad had one back in the day, they would be a joy. But that's a pretty limited audience.
That 's a hell of an expensive gamble, to throw down $50K speculating that sometime in the distant future you will increase your investment. I would think that people that have that kind of cash laying around are smarter than that.
Look, I love my SC. But collectible cars are about emotions and nostalgia. The early Mustangs, even thought they made millions and were based on a Falcon, were an iconic car of the 60's. They've become collectible mostly due to the nostalgia of baby-boomers trying to recapture their youth. Porsches and Ferraris are in a different class, due to rarity and racing provenance. I really don't see the SC as a collectible car any more than a '77 Monte Carlo (the last of the big ones). For someone who's dad had one back in the day, they would be a joy. But that's a pretty limited audience.
07-27-18, 04:40 AM
#13
For the Absolutely Red one for $47,900 with 1831 miles it says "chromed alloy wheels." Are these aftermarket or were they an option or dealer option?
The $49,900 2002 with 780 miles also says "chromed alloy wheels" but those were the factory option ones right?
The $49,900 2002 with 780 miles also says "chromed alloy wheels" but those were the factory option ones right?
Last edited by ShellyGX; 07-27-18 at 04:47 AM.
07-27-18, 03:04 PM
#14
Moderator
Jabberwock, I agree that a sample like this is extremely rare. However....
That 's a hell of an expensive gamble, to throw down $50K speculating that sometime in the distant future you will increase your investment. I would think that people that have that kind of cash laying around are smarter than that.
Look, I love my SC. But collectible cars are about emotions and nostalgia. The early Mustangs, even thought they made millions and were based on a Falcon, were an iconic car of the 60's. They've become collectible mostly due to the nostalgia of baby-boomers trying to recapture their youth. Porsches and Ferraris are in a different class, due to rarity and racing provenance. I really don't see the SC as a collectible car any more than a '77 Monte Carlo (the last of the big ones). For someone who's dad had one back in the day, they would be a joy. But that's a pretty limited audience.
That 's a hell of an expensive gamble, to throw down $50K speculating that sometime in the distant future you will increase your investment. I would think that people that have that kind of cash laying around are smarter than that.
Look, I love my SC. But collectible cars are about emotions and nostalgia. The early Mustangs, even thought they made millions and were based on a Falcon, were an iconic car of the 60's. They've become collectible mostly due to the nostalgia of baby-boomers trying to recapture their youth. Porsches and Ferraris are in a different class, due to rarity and racing provenance. I really don't see the SC as a collectible car any more than a '77 Monte Carlo (the last of the big ones). For someone who's dad had one back in the day, they would be a joy. But that's a pretty limited audience.
Last edited by Jabberwock; 07-27-18 at 08:41 PM.
02-19-19, 02:47 PM
#15
hard to believe
I have a 2003 with 106K with a few nicks and scratches but a record of every service required and the results/repairs with no accidents or spot paint and I'm hard pressed to get $10K. If it wasn't so expensive to paint, I'd paint it and keep it for another 100k!