
01-19-2006, 08:56 AM
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Re: The $115,000 Amphicar
A friend of mine was at the auction when Amphi came up on the block. He called immediately after the hammer dropped to share the news. He says that the crowd went absolutely wild when the Amphi broke the $100k mark. He alsotells methat people are spending some "crazy money", especially for this early in the auction.. He is certainly hoping that this wild exuberance continues when hisCuda goes on the block this Saturday http://www.barrett-jackson.com/event....asp?id=181385, I am certain his car will bring some insanely crazy money .
Those who have been on the list a while may remember about 5-6 years back. Everyone was equally wowed when an Amphisold at same or similar auction for $50k. While even today only a few Amphis are actually worth $50k (despite some eBay or overheard Celina fantasies), that event certainly did float prices upward. I see it as both a good and a bad thing. Certainly makes investing and restoring an Amphi more appealing but also raises the price of entry significantly. Likewise, it probably leads to an increasing number of Amphis destined to be trailer queens. That is what happened tomy friends Cuda, it was restored to such a state of perfection that he reaized he can no longerdrive it!
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