Fourdoorcat wrote:Pretty sad.
At one level, this is sad. None of us likes to see a car of a type that we like ready for the scrapper.
But this is also great news in that lots more Elans need to be scrapped if the remaining cars are to appreciate in value, and if we are to keep a supply of used parts. Some people complain at the cost of used parts. If more Elans were scrapped, the parts costs would be lower.
Personally, I don't care too much about the value of my Elan, but I am certain that the market is oversupplied with them, and that this depresses values. Elans are much more valuable in the US where they are scarce. Of course, this is not the only reason that Elan values are low, but I think it is a significant one.
{Note that the writer does not own shares in DVB, and has no intention of breaking his Elan.}