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Supply and demand on 1/200?????????....................
It's kinda like the housing bubble, if the loan is higher than the appraisal will be down the line, ouch!!!!! Thank goodness you can't get a ARM on these. I'de think one of the Holiday Lightning whites would be the ticket for this kind of change.
I don't get it. There are 200 of them just like most other WLs give or take. Do people really think that there won't be any more so they better spend 3 bills now? To each his own!
The auction is over and I paid $327 for this White Lightning. Some are confused as to why I would do this. Here is some of my reasoning.
1. I tried about 30 times to win one of these through the contest.
2. I sold a bunch of my higher end Muscle Machines to raise paypal
funds to purchase this car so it was not "new' money.
3. I collect higher end HW's and JL's and feel this car is very special
due to the fact that there are only 200 of them AND they are
the only WL's I am aware of that do not have a regular issue
counterpart. My Newsflash with the "Winner" Challenger on the
cover has been a constant reminder that I did not own one of these.
4. I got outbid on the last two auctions where this car sold for
$228 and $280 so this time I sold more cars to raise the pot
for purchase.
5. I do not think that many of these will be sold on Ebay because
they shipped two months ago and only a few have been sold.
This seems to me to be an item that if "Won" by a collector
would not be easily given up.
6. If I overpaid by $100 or more, this will not be the last time
that occurs. I just saw a Wild Weekend Camaro WL sell for
$200. I paid alot more than that when it first came out.
When dealing with very low production cars there is always
some speculation regarding supply/ demand.
I can live with that as most of my collection has dropped
in value and I collect for fun / not profit. When I sell , it is
usually for 50 cents on the dollar to raise funds for other
purchases. I use a S&P 500 Index Fund for investing/
not small metal vehicles for children.
7. If many of these Challengers show up soon and the price drops
to $120 I will be happy for those that pay the lower price.
I think that pretty much says it all for me and probably most of us here. One time I bid and paid $25.00 for a black 69CJ Mustang because it looked like one I used to own. The car is surely not worth that much on the market but I wanted it in my collection so to me it was worth the cost. Congrats on finally getting your Challenger.
DrDeal, I just want to say congrats, it is an aquisition that will look good in your collection. No matter what you paid for it, if it was more than $3, you can bet somone would be speculative about why you did it.
Personally I've done it, and will do it again, if theres a car that I want, and I can justify it for the hobby, I would spend big bucks on one too.
Good luck, and congrats...
__________________ I intend to live forever... so far so good!
How high will this one go?
I'de think one of the Holiday Lightning whites would be the ticket for this kind of change. 
