http://autotrader.com/findacar/results.jtmpl?&model=GP&start_year=1989&end_year=1990&min_price=0&max_price=10000&distance=any&advanced=y&advcd_on=n&make=PONT&address=55127&search_type=used&x=35&y=10&ac_afflt=none&first_record=1
a bunch of tgp's all going for way more than i've been told they sell for, are these guys just nuts or can they get what they are asking?
Most of those have been listed for a long time.
This seems to be one of the biggest questions with the TGP, for myself as well as I am hoping for something of an investment.
Welcome to American Economics. The entire definition of what something is worth depends on supply/demand, and what someone is willing to pay. Books, appraisals, etc set standards and are great reference sources, but if my TGP is "worth" $2500, but someone offers me $7000, hey ill take it and its worth $7000. That does not guarantee resale value though. Its like the insane housing market here in SoCal. The average price of a house in L.A. county is now $375,000 Orange county is $475,000. Yes, these are the houses you and me live in, 3 bed 2 bath 1 story houses, not the coastal mansions or bel-air estates. People keep moving here, 1 million the last three years alone, and supply cant keep up. The result is a bidding war and top dollar wins. If many people wanted TGP's the same would happen. but then, as soon as they want them if something bad happens, suddenly the market could collapse and they would be worthless.
Unfortunately there are still many of these out there and are not totally well known like a grand national. Also tell me if im wrong but the 15 year mark with cars is not a good one, too old to mess with but not quite old enough to want. except by us :D