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Re: WSJ Farmall article
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Posted by City-Boy McCoy on January 03, 2007 at 15:16:59 from (65.0.137.153):
In Reply to: WSJ Farmall article posted by ohioron on January 03, 2007 at 13:51:03:
Great. That's just what we need - a bunch of rich guys getting into old Farmalls. I have observed my whole life: When the "big money" gets into something, the little man gets squeezed out and the prices shoot to the moon. From then on, it's all about money, money, money. You can sell out, but you won't be able to get back in. I got into vintage sportscar racing back in the 80's. The idea was, you find an old racecar which has been discarded and nobody wants it anymore, restore it to its former glory, you learn to drive, your group rents a track, and you get to drive it at full-speed to recapture the scene and driving sensation of what it must have been like to be Parnelli Jones or Mark Donahue. (I found an old Parnelli Jones Boss 302 Mustang.) Then, the "big money" discovered it; Cars went to $200,000+ and the average guy was squeezed out. They make you an offer you can't refuse - but, then you're out. Anybody watch the Barrett-Jackson classic car auction each January? Same thing. The "big money" has jumped into collector cars and now you have to be a "Rockefeller" to afford an old Corvette or Mustang. It would be the worst thing to ever happen to our hobby. I guarantee it. I hope it never happens. We've got something special here. I hope the rest of the world leaves us alone. We're not into this for the money. But, the "rich-boys" will be. mike
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