Friday, August 30, 2013

Inflation and classic Mercedes...huge.

I see in a movie made in 1997,there is a scene of a haughty auction of expensive classic cars. A 1958 Mercedes gull wing sold for $350,000 and that was supposed to blow you away impressed. I looked that car up and it now sells for over $4 million in 2013.  Just think if you were stupid and crazy and had bought that car for a million in 1997...
One lesson here..you cant go wrong collecting what the rich enjoy. The rich will always be there to pay for it.