Flemke - Is this your McLaren? (Vol 5)

[BunkMoreland]

z4RRSchris said:

classics were on a huge upward trajectory at the point this was last purchased in 2021, there was alot of cheap money about. Same with art wine crypto nft etc etc.

It was perhaps a punt that would continue. I suspect todays price is less than 2021 price, even more so in real terms. let see where the auction ends up.

People smarter than me will know whether the owner would have made more profit by chucking his $18,6M at the stock markets over the last 3 years.

[Caddyshack]

BunkMoreland said:

z4RRSchris said:

classics were on a huge upward trajectory at the point this was last purchased in 2021, there was alot of cheap money about. Same with art wine crypto nft etc etc.

It was perhaps a punt that would continue. I suspect todays price is less than 2021 price, even more so in real terms. let see where the auction ends up.

People smarter than me will know whether the owner would have made more profit by chucking his $18,6M at the stock markets over the last 3 years.

The smartest will know to spread it around, even if you are 100% confident the stock market is going up you still need to have money elsewhere…some people just prefer to have a tangible piece of art to hold the money or show their friends.

[barchetta_boy]

Plus no capital gains tax in the UK on cars

[EmilA]

hurstg01 said:

EmilA said:

This looks like the one that is currently on display at Lanzante.

This one is Brown (Creighton Brown, to be precise) , the one at Lanzante's is 'aubergine'. this is chassis 029, Lanzante's has chassis 016

Ah thanks for the clarification. Both are interesting colours, nice to see it was spec'd like this from new aswell.