[tom406]

I think the market is cyclical, and will adjust itself. The numbers we're seeing are approaching or exceeding the heady days of '89-91. Whether the economy falls or soars, the net effect will be less money to blow on cars (due to money loss or use in more traditional investments).

Mostly, its just my own gut feeling that things are "overvalued" again. In the year or so I've been frequenting this site, values have jumped something like 50% on many of the Supercars and Hemi cars. That's not a steady trend, that's excitement and hype. I don't think it will last indefinately. But I have no idea when it will peak. If I did I'd be out buying more cars, not typing on this website....

I certainly don't think the market will fall out. As long as there are baby boomers with money, these cars will have value. And on the Supercar market, the gradual education of the public is certainly helping solidify the values. Doesn't everyone remember the resounding THUD in the COPO market in the early to mid 90's, after every knowledgable Camaro guy had already had one, and the rest of the market didn't really know what they were?